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.
$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.
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.
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.
- 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.
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.
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!