Discover and read the best of Twitter Threads about #OHMForks

Most recents (6)

🧵 This thread explains in clear and simple terms how we are building a full suite of #DeFi products on #BSC, with @d3protocol and @crosschainfarm working in harmony. This is full service DeFi made easy. Buy. Hold. Earn. 1/18
Firstly, @d3protocol is a decentralized reserve currency and savings account for DeFi 3.0. You buy or mint, and then stake your $DEFI in order to receive exposure to the D3 treasury basket of DeFi 3.0 and #FaaS / #IaaS assets held in the treasury, backing the price of $DEFI. 2/18
You acquire $DEFI by minting (or bonding) like with $OHM or $TIME, There are no taxes on mints which offer 5-day vested and discounted $DEFI against $BUSD, $BNB, $CCF, and other high performing DeFi 3.0 #FaaS / #IaaS assets. 3/18
Read 18 tweets
Forking insight (pun unintended) and logic:

In general, forkable projects are those with superiority mechanisms with high popularity, (ie the wolf game) and in combination with many other insecure forks, pried opened the massive capital on the market.
One of the significant advantages of a OHM fork is the low cost and its barrier to entry. Basically everyone can copy and paste the codes and call themselves xxxxxDao.finance. Hence the rugs.
Contrast with the extreme uncertainty for projects that build from the ground up, thus, most of the forks would incline to develop with open source code, reducing the difficulty and effort of development.
Read 14 tweets
NifflerDAO Forking insight (pun unintended) and logic:

In general, forkable projects are those with superiority mechanisms with high popularity, (ie the wolf game) and in combination with many other insecure forks, pried opened the massive capital on the market.
One of the significant advantages of a OHM fork is the low cost and its barrier to entry. Basically everyone can copy and paste the codes and call themselves xxxxxDao.finance. Hence the rugs.
Contrast with the extreme uncertainty for projects that build from the ground up, thus, most of the forks would incline to develop with open source code, reducing the difficulty and effort of development.
Read 11 tweets
NifflerDAO Introduction:
1/4
NifflerDao itself is one of the forks but much more. Having an in-depth understanding of the mechanism of OHM, We believe OHM model is insufficient and ineffective for the long run.
2/4
OHM should immerse and integrate into projects rather than being a project of its own in order for its financial model to be sustainable.
3/4
With this concept as the basis, we utilize NifflerDao and its treasure as the core,💎 to fork any trending and popular projects on any other chain based on Dao consensus💎. Niffler will inject startup capital into those new projects to ensure successful launch.
Read 5 tweets
There's a lot of hype today around #DeFi 2.0

Can't expect degens to ignore 500,000+% #APY..

If you're considering investing in protocols like $OHM, $TIME, $KLIMA, $SPA, $HEC then read on for some #hopium, warnings and a #spreadsheet to help you make the most of it.. 🪡 👇
2/ These DeFi 2.0 protocols offer enormous APY (Sometimes in the millions of %). Here are the current APYs of some projects:

- $OHM - 6,982.4% ($ETH)
- $TIME - 78,325.2% ($AVAX)
- $KLIMA - 59,722% ($MATIC)
- $SPA - 239,674.5% ($FTM)
- $HEC - 320,713.2% ($FTM)

Sound juicy? 🧃 🤑
3/ Here's a great video by @WhiteboardCryp1:


And another by @finematics:


I won't get into the mechanics of these protocols here, but I want to share a spreadsheet I created to help you understand the upside / downside.
Read 14 tweets
A 🧵 with the best DeFi calculators,
(inc. 3,3 excel sheets, tokenomics, portfolio and IL trackers)

(will be updated regularly)

👇
1/

Aave Leverage Farming (Looping Calculator) by @korpi87

docs.google.com/spreadsheets/d…
2/

APR to APY Calculator:

aprtoapy.com

Compound Calculator:

thecalculatorsite.com/finance/calcul…
Read 10 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!