Thread by @cryptopainzy

a thread 🧵on an absolute gem 💎launching on @arbitrum and @zksync on May 22nd @mayfairfund

-what is DFTs
-DTFs that they are launching
-leverage trading DTFs
-real yield
-tokenomics
-value proposition
-roadmap
-future prediction

let's dive deep into each section 🧵👇👇👇🚀

1) DTF stands for Dex Traded Funds, but what is it?

it is a basket of tokens that forms an index like S&P500 but for the crypto ecosystem

DTFs consist of different tokens with different weights where users invest in a DTF rather than buying each underlying asset one by one👇👇

2) along side with price appreciation of your underlying assets, your tokens will earn yield from their native protocols

if your fund holds $GLP invested on #GMX you will passively earn yield on that

users can also leverage their DTF positions upon perps launching

perps? 👇

3) those degens who feel holding spot DTF isn't enough

you will be able to use built in perps trading on @mayfairfund where you can short or long DTFs

it will be the first protocol where you lev trade a basket of DeFi native projects

now lets talk about value proposition 👇👇

4) $MAY will a few sources of income;

- exit fee applied to various pools
- swap fees
- perp trading fees
- minting DTF fees
- redeeming DTF fees

the APR will depend on volume but i suspect, there will be high demand for its products

tokenomics👇👇

5) tokenomics

- 3m max supply
- launching at $858,000 market cap
- low circulating supply initially
- team and development tokens are locked for 12 months

for a protocol that offers such a unique idea, its heavily under valued

emission will go to mDTF holders 👇👇

6) value prop;

-become FTX used to offer as basket of DeFi protocols but in a decentralized way

-offers a product where new users can get exposure to a diverse projects and earn yield

-ease of weight management and less need of manual intervention and monitoring

roadmap👇👇

7) roadmap

- IDO--> done
- Audit --> will be finalized pre launch
- Staking farms will be available at launch

see the rest for the later part of the year and next year

now the juicy part; FUTURE PREDICTION 👇👇👇

8) protocols that we can compare @mayfairfund within arb and zk ecosystem

- high value on arb; #GMX sitting at 522m MC
- low value on arb; ##GAINS at 42m MC
- only one on zk; $OT sitting at 30m

$MAY launching at 1.5M FDV so you do the math

recap down below 👇👇

recap;

- low market cap
- decent tokenomics
- real yield
- unique and a much needed concept
- under valued at launch compared to similiar protocols
- offers a solution to the time it takes to rebalance and manage portfolio
🚀🚀💎💎🤝🤝🔥🔥

tagging a few defi chad threadooors, have a look at this beast
@LouisCooper_

@monosarin

@FungiAlpha

@CryptoStreamHub

@ChadCaff

@Issherai

@CrossChainAlex

@RiddlerDeFi

@DeFiMinty

@cyrilXBT

@SherifDefi

@ViktorDefi