Thread by @ElieRest

It’s been 3 months that @colonylab went live 🔥

I would like to take the opportunity to look at what has been achieved and what’s ahead of us 🧐

The team did an amazing job and is excited to wake up every morning to build Colony for our #Avalanche family 😊

Thread 👇

1/14

In just 3 months @Colonylab reviewed 100+ projects, invested in more than 15, 9 are live & 1 already reached 1bn in TVL! 🔥
More coming!

$1,5M deployed, $1,5M airdropped (at ATH), $10M remaining to be airdropped and soon more! 🚀

ROI on deployed capital >7x ✅

#CLY $CLY
2/14

Colony enables protocols to decentralize their Seed/Private-Sale cap-tables by welcoming more than 15 000 CLY Stakers! 🤗

Putting community early at the heart of great projects like
@PlayAscenders @WrestlingVerse @dexalotcom @Platypusdefi @ImperiumEmpires @ProjectDegis…

3/14

Who’s building at Colony? 🤔

We have 3 solidity devs, 2 front-end devs, 1 QA engineer, 1 App designer, 1 scrum master and 1 product owner.
And the team is growing! ✅

It’s what it takes to work on multiple fronts and especially on our upcoming early-stage feature.

4/14

Early-Stage Feature:

Developing something truly innovative that goes beyond our initial vision!🔥

Already rich with more than 200 specifications, 5 Smart Contracts are being developed:

- Staking Contract V2
- Introducing ANTs tokens 🐜🐜
- Nest
- Factory
- Liquid Vesting
5/14

More info in coming weeks on these new SCs for Early-Stage.

#LiquidVesting = bigger airdrops + trading functions on Colony + #Hodl incentives

#Nest = community direct participation in deals 🐜

#Factory = SCs management automation to scale operations.

Ready? 🚀

#WAGMI

6/14

Security:

All these SCs will be audited before Colony push them live, we are currently working with @Omniscia_sec on this front.
Being highly innovative, QAs and audits take time as we make sure no exploit can be found.🔒

The team is excited to release early-stage soon!

7/14

What about other Colony features?

Team efforts were and are concentrated on Early-Stage feature development as it’s a larger feature than initially anticipated.

But progress was made on some features especially on the Index! $CAI

Stay up to date: medium.com/colony-lab

8/14

Colony Avalanche ecosystem Index $CAI #CAI:

On-chain index with yield bearing mechanism that will allow easy access to @avalancheavax ecosystem growth!🔥

Under Audit, more info during #AvalancheSummit in #Barcelona!

@traderjoe_xyz @yieldyak_ @pangolindex @BenqiFinance

9/14

Liquidity Provider Program:

The LPP capacity will be deployed in March, more information coming soon! 🔥

This feature is going to remain on manual mode to be agile and maximize @Colonylab treasury, the Index and Validator Program will be released first.

@YetiFinance
10/14

The Validator Program:

The team is designing the VP to be the highest organic APY available on AVAX. 🔥🔥

The more #AVAX the better, and with current market conditions, there is no rush to push this forward.

The program will be deployed to subnets when accessible. ✅

11/14

A lot has been achieved in just 3 months and in 3 months from now Colony will be transformed, fostering community engagement in primary markets & decentralizing projects’ cap-tables! ✅

We’re building for the #Avalanche community! Share feedbacks every Thursday on AMAs 🙌🏼

12/14

Today is the 3 months anniversary of @Colonylab 🥳

It’s also the start of the #CLY vesting schedule for private sale participants. $CLY Vesting is linear (per second) to limit selling pressure happening at large unlocks.

Learn more about it here : medium.com/colony-lab/col…
13/14

I’m thrilled to work with the amazing team at @Colonylab and all the bright minds building on @avalancheavax 🤗

Thank you to all team members behind @AvalaunchApp @dexalotcom @traderjoe_xyz @Platypusdefi @ImperiumEmpires @AventuresDao @yieldyak_ and all the others ❤️

14/14