Listening to @_FrogRadio with @danielesesta.

A thread on what I've learned...

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@_FrogRadio @danielesesta Did you know that @MIM_Spell makes profit from its @iearnfinance cauldrons TVL? Not just off the borrowing fee, but the total TVL at Abracadabra.

45% of the profit from the TVL deposited at @iearnfinance gets kickbacked to @MIM_Spell.
The entire focus of @MIM_Spell, @PopsicleFinance, and @Wonderland_fi is on profitability for token holders. The token can gain in price, but it doesn't matter if the protocol isn't making money to token holders.
@MIM_Spell @PopsicleFinance @Wonderland_fi $Spell stakers get $sSpell and earn from the profits of @MIM_Spell

$Ice stakers get $nICE and earn the profits from @PopsicleFinance

$Time stakers get $Memo and get access to the treasury balance of @Wonderland_fi
What this type of profit-sharing does is encourages long-term holders. Avoid the short-term capital gains tax, gain passive income, and borrow against your collateral while waiting at @MIM_Spell
@MIM_Spell The team is considering how to utilize $sSpell even more effectively by allowing users to choose if they receive 100% $sSpell, 100% $MIM dividends, or a mix of both.

The real point? Empowering the Frog Nation for financial freedom.
@MIM_Spell When @danielesesta thinks about @PopsicleFinance he thinks about it as a citadel where users deposit their LP and have it managed across various spaces for them.

It redistributes LPs where needed. It's a market maker for liquidity.
@MIM_Spell @danielesesta @PopsicleFinance There's been a lot of misinformation about what LPing is and does.

Working with a blockchain research firm the team has determined that a well-maintained LP is more profitable than just holding.

You want to hold an asset and make more? --> Maximum yield: @PopsicleFinance
The @PopsicleFinance protocol not only manages your liquidity on Uniswap V3, but also looks at various farming strategies using autocompounding, and does so across networks!
@PopsicleFinance Sorbetto Limone (forthcoming) will take your LP and average down to find you the maximum yield across any chain and opportunity.

Sorbetto Fragola will manage your LP using the best Uniswap V3 settings to maximize your earnings and avoid impermanent loss.
@PopsicleFinance @danielesesta talks about LPing using the idea of flow: an automated market maker needs to capture the good flow of orders, benefiting the pool providers and the platform, and avoid the bad flow where arbitragers hurt LPers.
@PopsicleFinance @danielesesta Impermanent loss is a volatility and fee problem: you can reduce IL and capture the maximum of fees and good flow by ranging into the average volatility price. @PopsicleFinance will concentrate liquidity in the best price and fee range on average.

You do have to do nothing.
@PopsicleFinance @danielesesta What is @PopsicleFinance doing for you?

It makes LPing on @Uniswap V3 something dumb enough that an ape can do it.

Don't live in bad flow town.
Wen lunch? Wen V2?

First, @danielesesta was incredibly devastated by the summer's hack of @PopsicleFinance so the team has been incredibly careful with security. PTSD isn't fun.

Second, the whole team is ecstatic to have repaid the loss investors had. Incredible!
@danielesesta @PopsicleFinance @PopsicleFinance relaunch delayed was due to a small issue the auditors found using formal verification. Finding these types of bugs before a launch is huge and a good thing.
@danielesesta @PopsicleFinance Wen launch of @PopsicleFinance? We'll see you in a few days, but if that deadline isn't met, that's alright.

Again, we need to do this right.
@danielesesta @PopsicleFinance As a product manager, I love @danielesesta's emphasis on using @MIM_Spell and @PopsicleFinance as easy as possible. DeFi UI/UX has to be centered on investors.

Popsicle will be your investment advisor for your portfolio.

It will connect and recommend opportunities for you.
"Haters will hate. Builders will build." - @RandomTask555
@RandomTask555 What about @Wonderland_fi? @danielesesta wants to innovate how people utilize assets and code for financial freedom and empowerment.

Wonderland currently has one of the largest treasuries around. If Wonderland is an ICO for a DAO that the doors of opportunity are WIDE open.
How much value can we bring to $TIME stakers? That's the question. We have a massive community, ready to build, with a huge treasury.

You want to create a token and DAO? @Wonderland_fi will help you do that, help you raise funds, and be your own fucking VC.
@Wonderland_fi The product @Wonderland_fi is working on? Powerful is a power tool for creating DAOs:

- Tooling
- Fundraising methodology
- The smart contracts
- Consultation on community building
Is @Wonderland_fi the Litecoin of Bitcoin? No, @Wonderland_fi is a crowdfunding, DAO building, machine that does its own thing and earns for $TIME stakers because of it.

#PeopleMaxi means the people are the most valuable asset in the world.
@Wonderland_fi What's the future of $TIME's APY? There may come a time when bonds stop for @Wonderland_fi, the unallocated $TIME is burned, and holders benefit from the massive treasury and community that is built out.
@Wonderland_fi The future is open: @danielesesta will leave it up to $TIME stakers on how the protocol proceeds.

The goal is building up value for holders, washing away the "Ponzinomics" and making sure the DAO and treasury is built out.
@Wonderland_fi @danielesesta Question and Answer time with @danielesesta on @_FrogRadio is making me so BULLISH for $Spell, $Ice, and $Time.

- Single-asset earning using @PopsicleFinance
- New LP cauldrons from @BinanceChain on @MIM_Spell
- Game launches from @Wonderland_fi
@Wonderland_fi @danielesesta @_FrogRadio @PopsicleFinance @BinanceChain @MIM_Spell @MIM_Spell is coming to @solana and will be traded on @Saber_HQ against @terra_money. $Spell and the same seamless experience will be there. The whole cross-chain mentality will be maintained as well.
@Wonderland_fi @danielesesta @_FrogRadio @PopsicleFinance @BinanceChain @MIM_Spell @solana @Saber_HQ @terra_money Getting involved in $BTC, on @lightning and @Liquid_BTC is the biggest "boss battle" for @MIM_Spell.

@danielesesta is looking into how to get one of the largest BTC holding of any DAO using a bond catalyst.
@Wonderland_fi @danielesesta @_FrogRadio @PopsicleFinance @BinanceChain @MIM_Spell @solana @Saber_HQ @terra_money @lightning @Liquid_BTC How about this? A stablecoin that is 100% backed by BTC and runs on @lightning and @Liquid_BTC. That could be $MIM.

@danielesesta wants to be the most interoperable stablecoin in the world and I can see it happening.
@Wonderland_fi @danielesesta @_FrogRadio @PopsicleFinance @BinanceChain @MIM_Spell @solana @Saber_HQ @terra_money @lightning @Liquid_BTC Thanks to @CryptoMessiah @RandomTask555 and @danielesesta for the amazing convo today. Follow @_FrogRadio for the recording on YouTube in the next couple of hours.

Want to continue the discussion? Join our Frog Nation Discord: discord.gg/hVE6XSFAze
@Wonderland_fi @danielesesta @_FrogRadio @PopsicleFinance @BinanceChain @MIM_Spell @solana @Saber_HQ @terra_money @lightning @Liquid_BTC @CryptoMessiah @RandomTask555 I'm gonna use this moment to shill: on @avalancheavax and into NFTs?

Check out @apa_nft!

The team is minting some really great Party Animals on 11/11 and has a bunch of events happening this month.

Site: partyanimals.xyz
Discord: discord.gg/uSDCsGPqda
Didn't get a chance to listen to @danielesesta on @_FrogRadio?

The recording is live!

Looking forward to listening again soon. So much alpha genius to digest.

#OccupyDeFi

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More from @revol_space

2 Nov
Over 1.7K listening in on the talk with @_FrogRadio and @danielesesta

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twitter.com/i/spaces/1YqJDโ€ฆ
2.2K...
Read 6 tweets
6 Oct
"Do you guys actually see a scenario where $spell is the most valued DeFi token in all of crypto, if so how would it occur?"

Let's go down the rabbit hole with @danielesesta for a second...
@danielesesta The road to #OccupyDeFi comes in a couple of steps:

1. Prove the concept of truly decentralized stablecoin, with many collateral types and across multiple chains, works. Take modest fees for this service so as not to hurt the consumer.
2. Create a platform that lets users use their liquidity as they like it and guarantees financial freedom. That liquidity shouldn't be limited to just one network or use at a time.
Read 19 tweets
6 Oct
A little update on the last week at @Wonderland_fi, @danielesesta's reserve backed currency protocol:

The protocol is continuing to grow at an incredibly healthy pace. Treasury balance is up 54.62% over the last week. We're adding new Timekeepers daily through our bond system!
The number of Memo holders has risen by an astounding 31.78% as users take their Time and stake it for the (3,3) strategy. Frog Nation is united!
Social signals are strong as well with the @Wonderland_fi Twitter increasing its number of followers by almost 30% and our Telegram has increased by nearly 1000 new members!
Read 5 tweets

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