Discover and read the best of Twitter Threads about #defrostfinance

Most recents (2)

1/7

What is the #DefrostV2? A thread 😎

The Defrost V2 is a new-generation decentralized leverage trading protocol on #Avalanche 🔥

You can:

💱 Trade major crypto assets on leverage

💵 Contribute their assets in lending pools powered by #SuperVaults to earn yields
2/7

Leveraged trading refers to borrowing assets to long or short #crypto 📚

👏 This allows traders to use greater capital with relatively little underlying funds, amplifying results

🚨 Traders can realize bigger profits when successful, but also suffer larger losses
3/7

The super vaults 🚀

👉 To power traders' leverages, Defrost uses special #supervaults that collect yields from third-party platforms

👉 When users deposit tokens, the super vault collects fees & rewards from the interoperated platform associated with that specific pool
Read 7 tweets
❄️ Time for a FAQ thread ahead of our launch ❄️

1) What is #DefrostFinance?

📢 Defrost Finance (defrost.finance) is a decentralized protocol that allows you to leverage LP tokens & other pool tokens from @avalancheavax as collaterals for generating the $H2O #stablecoin
2) Why would you want to mint H2O?

📢 Because:

🪙 It gives you extra rewards on your LPs

💵 You get a #stablecoin you can use to invest elsewhere

🤑 You receive $MELT

💎 You get to re-stake both $MELT and $H2O in other pools (coming soon!). That means even more rewards.
3) What is $MELT?

📢 Melt is #Defrost's governance token.

You can use it to ⬇️

💰 Access profitable staking opportunities

⚡️ Join the platform governance system

💲 Pay fees
Read 5 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!