1/ We all know #TerraAutumn is coming after #Columbus5 launches later this month. But what if I told you it is starting sooner than you think? @ApolloDAO is about to launch and due to the unique method of their token distribution they don't need to wait for col5! #LUNAtics 👇
2/ @ApolloDAO will launch as an auto-compounder for your #tefi LPs. So you can put your ANC/UST, MINE/UST, MIR/UST or mAsset/UST farms in there. You'll be rewarded with both Apollo tokens, as well as compounding your APR and growing your LPs faster than ever! 👇
3/ What @ApolloDAO brings to the table that is very unique is their Warchest. At launch, 99% of the fees generated by the protocol will go into a Warchest. 1% will go to @angelprotocol charity vaults (👏👏). But what benefits does the Warchest bring to the $Apollo token? 👇
4/ The Warchest will accumulate different tokens like $Luna, $bEth and $aUST. These tokens will be deployed in other farming initiatives to grow the Warchest over time. They will also be used in upcoming TGEs *just like* Apollo's own launch to farm new, upcoming #tefi tokens!👇
5/ Who decides how to invest the Warchest? @ApolloDAO stakers of course. Since it's a DAO, stakers will vote on how to deploy these funds!It's in their best interest to make good decisions because the stakers will eventually receive a flow of passive income from the Warchest.👇
6/ Another aspect I really like about the DAO governance of @ApolloDAO is that you can get more staking rewards as well as more governance "power" by locking up your Apollo tokens for a longer staking period. 👇
7/ This staking commitment incentivizes @ApolloDAO stakers to think about the long-term health of the DAO and de-incentivizes whales coming in for short-term gains. 👇
8/ The @ApolloDAO launch timing is perfect. Launching pre-#Columbus5, that means that the Warchest stands to benefit from the entire #TerraAutumn ecosystem. By getting in early to Apollo, you will indirectly gain exposure to many of the upcoming #tefi launches! 😎👇
9/ For @ApolloDAO tokenomics we are looking at Team/VCs allocated 29% vested over 18 months, which is a fairly standard %. The good news is that 50% will go to yield farmers. So the majority of the tokens will be controlled by the community! 👇 loop.markets/apollo-tokenom…
10/ So how can you participate in the @ApolloDAO launch? Well it's pretty easy. Get your LP tokens ready for any of the pairs I already mentioned in above 👆 On Sept 14th you'll be able to deposit them in Apollo and begin farming. 👇
11/ The farming rewards from these pairs will go towards purchasing the $Apollo token @ $0.25 each. The farm will run for 30 days or until $3 million in rewards are farmed, whichever comes first. So get in early! 👇
12/ Thanks so much for reading #LUNAtics fam! If you like these tweet threads and want to see more, hmu with a RT and a like so our community keeps growing! @TerraShills @ApolloDAO @angelprotocol
• • •
Missing some Tweet in this thread? You can try to
force a refresh
