Discover and read the best of Twitter Threads about #PROTOFI

Most recents (3)

#ProtoFi changed all the Mulitpliers as specified in the last proposal as the PIP-05 linked below has been approved with 99.97% of positive votes. 🧐

snapshot.org/#/protofi.eth/…

Below a bit of insight about what these changes will bringπŸ“ˆ

Attention: Thread for Giga 🧠 only πŸ€“
🧡
The weight we gave to stable pools in the beginning of the protocol was the result of days of studying and homeworks.

We used to give much higher emissions to stables pools than non-stables pools ( amongst the Fusion pairs )
This was contrary to what other DEXs generally do, since we were focused on increasing the #Fission #Treasury by means of deposit fees.
Read 14 tweets
New #ProtoFi Proposal is now #Live πŸš€

πŸ‘‰Increase the Protocol #Profitability through these massive changes. πŸ€“

$PROTO πŸ“ˆ

snapshot.org/#/protofi.eth/…

🧡 short-thread
In order to improve the profitability of the protocol the ProtoFi team spent the last days focused on numbers, simulations and case scenarios. πŸ€“
With the arrival of #Solidly, the DEXs profitability changed a lot for some pairs, above all stables pairs.πŸ‘‡
Read 6 tweets
New financial thread about $PROTO and $ELCT value!

In just 2days we have collected almost 250k for the Fission that will give the possibility to $ELCT stakers to earn $DAI.

By assuming to use a minimum of 100k$ for the first 3days of #Fission protocol this means that...
The value of Electron can be calculated as below and consequently the $proto value, as you need $proto to get $ELCT.

Tomorrow there will be less than 2M ELCT in circulation but let's assume they are 2M for semplicity in making our calculations.

This means you will get...
You will then make 2.73% daily return on your staked $ELCT by assuming the actual 0.61$ price of $proto.

in APR terms this is a 997% return in stable coin.

which is an #insane ... 1869872% #APY considering #daily #compound.
Read 6 tweets

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