Discover and read the best of Twitter Threads about #warchest

Most recents (5)

1./ @WhiteWhaleTerra is going to use a new way of launching their token; #BOOTSWAP.

Let me explain to you why they use it, how it works and how you can be prepared for their token launch. ๐Ÿงต
2./ We have seen quite a few token launches on the Terra network now and unfortunately, many of them were not perfect. Two major problems have been noticed by @WhiteWhaleTerra:
3./ The first one is too low liquidity which causes a huge price pump at the launch. Nice for the insiders but if you want to have a satisfied community this is not the way to go. The second problem is bots sniping all the liquidity which causes the same issue.
Read 13 tweets
DeFi 2.0 before it was cool.

A brief rundown on what is @ApolloDAO and why I'm bullish on $APOLLO ๐Ÿงต ๐Ÿ‘‡
1 / WTF is @ApolloDAO and Yield Aggregators?

If you know what are @iearnfinance, @PancakeBunnyFin and @beefyfinance; you probably know what a yield aggregator is.
But for the uninformed:

Yield Aggregators are protocols which optimize rewards from DeFi yield farming for maximum efficiency by auto-compounding them.
Read 26 tweets
1./ Liked the tweet of the @ApolloDAO #Warchest? Want to know more #Alpha?

Let's talk about $zAPOLLO ๐Ÿ”ฅ

As promised, a thread about $zAPOLLO. What is it? Why is important? ๐Ÿงต
2./ Like with many protocols, staking a token gives you governance rights. @ApolloDAO will give the same rights to people who stake their $APOLLO LP tokens. So where comes $zAPOLLO into play?
3./ @ApolloDAO will utilise a similar tokenomics model as @CurveFinance where people can stake and lock their tokens in order to get rewards and governance rights.
Read 11 tweets
1./ Today is the launch of the $APOLLO token from @ApolloDAO.

Why has this token value, why you should be excited and why I'm ready to buy. Not financial advise.

The main things to discuss are the #Warchest and the $zAPOLLO token.

A thread about the #Warchest๐Ÿงต
2./ So, the #warchest

Liquidity incentives can't last forever and @ApolloDAO is aware of that. Where many protocols face the problem of how to keep incentivising LP providers when all the tokens are distributed, the Apollo team has already solved this before TGE
3./ The #warchest is the solution for this, but what is it?

The community farming event was used to boost the value in the #Warchest. Users were able to deposit mAssets LP tokens, as well as other #Terra governance token LP pairs.
Read 13 tweets
1./ We can use the vaults of @ApolloDAO for a while now and in my opinion everything is working fine. Why should we excited for their token? What does it add to the protocol?

A small thread:
2./ In DeFi we're familiar with auto compounders. Their services are great, but why would you want to hold their tokens? Not that much utility most of the times. But not for @ApolloDAO. Their auto compounding is great, but what you really should be excited about is the Warchest.
3./ 99% of the protocol's revenue will be redirected to the Warchest with the other 1% redirected to @angelprotocol. With these funds initially $LUNA, $bETH and $aUST will be bought (future allocation to be decided by the DAO).
Read 9 tweets

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