Thread by @FishMarketAcad

1/
What is @ApolloDAO
- autocompounder in Terra Ecosystem, similar to @iearnfinance
- 2nd place for Delphi Digital Terra Hackathon
- potential multi-chain strategies getting yields from @solana
- more features in the future. eg. self-repaying loans @AlchemixFi

2/
Apollo Tokenomics
- Community farming event (CFE) distribute 3 mil tokens fixed at $0.25 via APR, with 50% released @ TGE,
- CFE extended to another 6m Apollo tokens
- initial cir supply: 5mil
- Total supply distributed over 3 yrs: 100mil
- Details: apollodao.medium.com/community-farm…

3/
Apollo token use cases
- governance token
- Apollo LP Vaults and zApollo (stake $APOLLO tokens)
- Apollo warchest (like hedgefund)
- DAO governance and metagovernance (how to govern the use of governance token)

4/
@ApolloDAO vs @SpecProtocol
- ApolloDAO aims to create something like decentralised hedge fund. Starting with Terra then to other blockchains
- Spectrum is mainly on Terra for now
- @ApolloDAO audit has been completed while @SpecProtocol audit is almost done

5/
Earn Over 300% APY in Terra Ecosystem with Apollo DAO Vault, check out the video


@ApolloDAO
@SpecProtocol
@pylon_protocol
@mirror_protocol
@terra_money
$APOLLO $UST $LUNA $MIR $SPEC