Thread by @handle_fi

1/ things are hotting up 🔥 as we get closer to the mainnet launch and TGE for our platform and the global #DeFi FX protocol. 💱

we've certainly made a lot of progess since our last tweetstorm, so it's time for a #troop update.🦍

firstly, a platform walkthrough.

2/ mint our stablecoins #fxTokens in a range of currencies. backed by #ETH, #wBTC, #DAI with more to come...

borrow in your local currency, removing FX risk and making accounting easier.

#fxEUR #fxCNY #fxKRW #fxAUD #fxJPY

3/ burn #fxTokens quickly and easily to repay debt and manage your vault collateral ratios.

4/ convert between #fxTokens, other stablecoins and tokens, using #ethereum and #Polygon - the genesis of a global #DeFi FX market.

our simple interface combined with advanced order routing and variable fee structures ensures easy #DeFi FX exchange at competitive rates.

5/ manage #fxToken vaults through your dashboard - view relevant ratios, int. rates and add and withdraw multiple collateral types #ETH, #wBTC, #DAI

6/ view your handle.fi portfolio of #fxTokens and eligible collateral in mutiple currencies. easily convert and send.

7/ redeem #fxTokens for collateral at 1:1 parity. earn potential arbitrage profits and help maintain #stablecoin price parity.

8/ soon, stake either #fxTokens or $FOREX in our liquidity, keeper, and governance pools to earn rewards.

9/ lot's, going on "under the surface" too;

*partial liquidations - only minimum collat. is ever sold to maintain CRs.

*protocol controlled treasury(PCT) - users earn returns on vault collateral.

*dynamic rates and CRs - ensures ongoing market competitive borrowing.

10/ Protocol Incentive Experiments (PIEs) allow #troopers to earn $FOREX rewards for contibuting to the protocol.

PIE #4 - content production.
PIE #5 - referrer program.
PIE #6 - participation rewards.
PIE #7 - convert rewards.

check them out at docs.handle.fi/rewards/protoc…

11/ on its way is the #trooper merch store. 🏪

use $FOREX and #ETH to buy your favourite handle troop swag, limited edition merch releases, and NFTs in the pipeline. 👀

12/ our community troop continues to grow with #troopers spread across #twitter, #discord, #telegram and #substack

*discord ~ 3400 (where all the action happens!!)
*twitter ~ 3300
*telegram ~ 1700
*substack ~ 2600

13/ the future roadmap remains in place with key emphasis on;

*more collateral types.
*multi- chain deployments.
*fiat ramps.
*inprotocol swaps & debt conversions
*x-asset swaps.
*leveraged FX products.

stay tuned....

14/ to finish where we started ...we are now booking our audit🎉 prior to mainnet release and prepping for TGE 💹..lots to look forward to.

want to learn more, and participate in the global #DeFi FX protocol?

join our discord at discord.gg/77WDThbZJ4

lets go #troopers🦍

epilogue/