Tweet

Element Finance

22 Sep, 6 tweets, 2 min read

1/ The new DAI term is live 🔥🔥🔥

Currently netting 4.46% fixed APR! Start securing your fixed return in stables now ⬇️

app.element.fi/fixedrates

2/ Click on the DAI Principal Token section:

3/ Make sure that:

1- The Jan 28, 2022 term is selected, and then input the amount of DAI that you want to deposit.

2-Approve Balancer, which Element uses for trading, to spend your DAI.

3- Click buy and approve the transaction.

4/ And that’s it! You will now be securing a 4.46% fixed APR on your DAI!

5/ Same as with the recently launched crvSTETH and USDC vaults, the new Dai vault also provides a longer-term period than the previous term to offer an overall better user experience for users and LPs 💪.

6/ Doubts? Get in touch! Join our Discord community and ask any questions that you may have in our #questions channel

discord.com/invite/CwmxHBav

• • •

Missing some Tweet in this thread? You can try to force a refresh

This Thread may be Removed Anytime!

Twitter may remove this content at anytime! Save it as PDF for later use!

More from @element_fi

Element Finance

@element_fi

15 Sep

1/ The new USDC term is live 🔥🔥

2/ The vault is currently netting ~3.90% APY and ~4.5% fixed APR. With a total duration of four months and a half, the new term will be live until the end of January.

3/ You can easily deposit by first going to app.element.fi/earn, and then clicking on “Show” under the USDC v2 Jan 28, 2022 Term Vault.

Read 8 tweets

Element Finance

@element_fi

2 Sep

1/ 14 🧵

We’re thrilled to share our Governance Technical Architecture Overview!

Element’s governance system introduces new ways to manage the delegation of voting power and the execution of proposals while keeping it simple!

Read more below!

medium.com/element-financ…

https://twitter.com/element_fi/status/1418645903032963075

2/ If you’re not familiar with our governance system, we encourage you to go over our previous thread 🙌

https://twitter.com/element_fi/status/1418645903032963075

3/ Element takes a different approach to how voting power is allocated by introducing different options to execute transactions at various security levels. More granularity opens a world of possibilities 🚀🚀🚀!

Read 14 tweets

Element Finance

@element_fi

12 May

The community turnout for testnet.element.fi has been incredible since its launch on Saturday.

Let's reflect on the progress we've made so far ↓🧵

The stated goals for the testnet were 📋
⋅ Let anyone test the whole platform
⋅ Find bugs in the UI or contracts
⋅ Get feedback to improve the platform

So, how're we doin'? 1/...

First takeaway: the community showed up, big time 😤

Four days in, 1000+ unique addresses have interacted with the testnet and 5,000+ trades have been made via the pools. 2/...

Read 7 tweets

Element Finance

@element_fi

31 Mar

1/ Introducing Element

Element brings liquidity to fixed rate income, allowing anyone to buy BTC, USDC, and ETH at a discount. The transaction costs are low and there are no hidden fees or locked terms. We like to say “not locked yield, fixed yield”.

medium.com/element-financ…

@iearnfinance

2/ For the more active DeFi users, we offer new ways to increase APY on existing yield positions such as on @iearnfinance or Eth2 Validators. We split your position into two new tokens, the principal and yield.

@balancerlabs

3/ You can now earn a higher APY through staking the principal tokens on our custom trading curve, enabled by @balancerlabs, providing liquidity to the fixed yield market.

Read 7 tweets

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!