Discover and read the best of Twitter Threads about #JOEWar

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[#THREAD] Aujourd'hui, nous aimerions vous parler du dernier nouveau né issu de la #JOEWar. @steakhut_fi ! C'est parti pour un petit thread explicatif sur ce nouveau produit !

Crédit Images : @steakhut_fi Image
SteakHut Finance vous propose de booster vos pool de farming sur @traderjoe_xyz en accumulant du veJOE ! Il se positionne donc face aux 4 autres acteurs de la JOEWar :

🔺@vector_fi ~41M veJOE
🔺@yieldyak_ ~10M veJOE
🔺@beefyfinance ~2,4M veJOE
🔺@NorthPole_money ~622k veJOE
Si jamais vous ne connaissez pas le principe d'une #veWar, plusieurs protocoles vont se "battre" afin de récupérer le + de jetons natifs d'une plateforme comme JOE auprès de la communauté afin de pouvoir farmer le + de veJeton possible pour proposer les meilleurs yield de farm
Read 12 tweets
1/ Many have written about the Curve wars & VE-tokenomics. Here, I make the argument the largest growth in value will be in yield boosting dApps, what I call The "VE" Middle Fat Thesis.
#avax $eth $crv $cvx $link #defi $PTP $VTX $ECD #PTPparty canoecapital.substack.com/p/the-ve-fat-m…
2/ VE-tokenomics arose from years of failed attempts to reward liquidity providers (LPs) with native DeFi tokens. While, vote escrow (VE) doesn't solve that, it combines governance, yield boosting and token lock-ups in a single token (delaying the problem).
3/ This model also allows yield boosting protocols like @convexfinance, @vector_fi & @echidna_finance to be built on top. The assumption is usually these L2 dApps will capture less value. In the VE-model I predict they have the highest potential for growth because:
Read 8 tweets

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