I'll more than make my initial investment of $Blzz back with the platform fees. I lock my rewarded $Blzz back in everyday and get a super consistent income of $Avax, $Btc, $Eth, and a bunch of stablecoins.
I'm also farming $Blzz and vesting it daily. I make about 9% of my initial everyday, buy that isn't going anywhere. I'm gonna vest and lock it.
While it's vesting I earn even more platform fees in $Avax, $Btc, and $Eth plus stables.
$Blzz is a fork of @GeistFinance and they seem to share teams/style so I am not concerned about safety.
Nearly $2 billion in deposits seems to agree with me.
One of the things that seems to turn people off from $Blzz is the chart.
The protocol started hot and people were farming the token. They're starting to realize the real play is long term vests and locking it for platform fees.
Locked $blzz has gone up 3-5% daily since launch.
It didn't help that an unrelated project ($Blizz) was exploited near the launch. TVL took a dip then but is recovering.
One way the @avalancheavax community can help is sharing posts like this to inform others.
You can then stake it at @BlizzFinance for rewards of the platform fees. Something like 600% APR.
Or pool it there with $Avax and then stake it as liquidity at @BlizzFinance and earn around 3500% APR (if you let it vest).
#LockYourBlzz to receive the best platform fees and extra $Blzz from folks claiming their vest early.
You get your share of 50% of the platform fees ( $Btc, $Eth, $Avax, and stables).
Stake or lock $Blzz under the Manage Blizz tab. Staking does not require any vesting/locking. Locking requires a 3-month lock.
You stake your pooled Avax-Blzz under the Stake tab. You can remove that anytime. Your reward vests for 3-months and can be claimed early with penalty.
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- No other project has emitted $3 billion in stablecoin emissions in the first month
- No other project is making this much money each week
- @MIM_Spell isn't like other projects
Don't follow the trend. This is long-term shit.
@_FrogRadio@danielesesta@MIM_Spell@MIM_Spell is the first CDP stablecoin that has lead the pack without a Peg Stability Module. The liquidations are working perfectly and $MIM maintains the peg super well.
$MIM is the number one stablecoin in liquidity across all four chains.
Listening to the Twitter Spaces with @danielesesta and others. Some pretty interesting things.
@danielesesta The @Wonderland_fi protocol has had some amazing success with bonding and currently has $500 million in treasury. Bonding may not be necessary to grow the treasury in the future.
@danielesesta@Wonderland_fi The team believes the treasury could grow immensely over the next year. To do so they will be using the treasury balance as effectively as possible by investing, farming, or new use cases (gaming, NFTs, launchpad).
@Wonderland_fi may become a decentralized investment firm.
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.