š§µ This thread explains in clear and simple terms how we are building a full suite of #DeFi products on #BSC, with @d3protocol and @crosschainfarm working in harmony. This is full service DeFi made easy. Buy. Hold. Earn. 1/18
Firstly, @d3protocol is a decentralized reserve currency and savings account for DeFi 3.0. You buy or mint, and then stake your $DEFI in order to receive exposure to the D3 treasury basket of DeFi 3.0 and #FaaS / #IaaS assets held in the treasury, backing the price of $DEFI. 2/18
You acquire $DEFI by minting (or bonding) like with $OHM or $TIME, There are no taxes on mints which offer 5-day vested and discounted $DEFI against $BUSD, $BNB, $CCF, and other high performing DeFi 3.0 #FaaS / #IaaS assets. 3/18
The treasury acquires these assets to back the price of $DEFI, receiving reflections and dividends raising the backing value of $DEFI. Once minted or bought $DEFI can be staked giving the staker exposure and returns against a diverse basked of DeFi 3.0 #FaaS / #IaaS assets. 4/18
When staking $DEFI you receive auto-compounded staking rewards in $DEFI, and liquid staking dividends claimable in $BUSD. This gives stakers liquid profits in stables without the need to unstake and sell their $DEFI for cashflow. The more you stake the more you earn. 5/18
This is just one of the mechanisms used to bolster the sustainability of @d3protocol. We believe we've solved the #OHMfork inflation issue that has plagued most projects that have simply engaged in APY wars to attract short term users with no thought for sustainability. How? 6/18
The first one is easy. No crazy APYs. Secondly, heavily controlled minting. Thirdly, an APY halving algorithm that automatically smooths and reduces APY once treasury goals are hit. But the jewel in our crown is an innovative re-imagination of our 3.3.3.3 tokenomics. 7/18
On every buy and sell of $DEFI there is a 12% tax. 3% is burned to manage inflation. 3% goes to a discretionary buy back fund to control inflation when needed. 3% goes to the aforementioned $BUSD staker dividends. 3% auto-buys $CCF (more on why later). 8/18
So there is some inflation with $DEFI but it is smooth and controlled and naturally decreases over time until the system is fully self-sustaining. Burns, buybacks, additional staker rewards and acquisition of treasury assets on every buy and sell. Let that sink in. 9/18
If you consider @d3protocol the decentralized reserve currency and savings account for DeFi 3.0, @crosschainfarm is the decentralized risk adjusted asset management arm, or Farming-as-a-Servce (#FaaS). 10/18
With #FaaS you simply buy and hold a token. The protocol farm cross chain on your behalf to generate profits. Profits are compounded and returned to holders as dividends. To find out more about how this works please read this thread:
So @d3protocol and @crosschainfarm are great products in their own right. Most people haven't understood just how powerful they are as a combination. This is a symbiotic relationship working in harmony delivering a sustainable full service #DeFi offering on #BSC. 12/18
The @d3protocol treasury holds $CCF benefitting from reflections and dividends to increase the backing of $DEFI and grow the treasury. @Crosschainfarm benefits from the D3 treasury purchasing $CCF and removing $CCF from circulating supply creating scarcity. 13/18
The genius of this is that once we have acquired enough $CCF for the treasury we can plugin any token contract on #BSC to auto-purchase that asset for 3% of every buy and sell, automatically pulling that asset into the treasury. 14/18
We believe our model is sustainable regardless and the maths backs it up. 15/18
But unlike other #OHMforks even if there was a dump it can be controlled through burns and buybacks AND the treasury and remaining stakers still win through auto asset purchases and $BUSD staking dividends. 16/18
And @d3protcol is launching within the coming week(s). Anyone that wants exposure to @d3protocol can purchase $CCF as all holders are receiving a $DEFI airdrop. We're on #BSC, launching with fully audited contracts and liquidity locked until 2025. #DYOR#NFA#LFG 17/18
Here is a graphic that explains everything I've talked about, in a clear and concise way $DEFI $CCF $TIME $OHM #DeFi#DeFi3#FaaS#DaaS#IaaS#BSC 18/18
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š§µ Beginner's guide to Farming-as-a-Service #FaaS. FaaS or Investing-as-a-Service #IaaS, known as DeFi 3.0, is a new trend in #DeFi that a lot of people are unaware of. Here's a simple, non-biased beginner's guide to a new opportunity to earn passive income from crypto (1/14)
In simple terms, with #FaaS / #IaaS you are paying experts (through purchasing their specific token) for them to yield farm and invest for you, then returning those profits back to you. It is #DeFi made easy. Buy and hold the token, they farm and invest, you profit. (2/14)
But what is #DeFi yield farming? You lend or lock up your tokens to support the liquidity and growth of a specific protocol, and in return you receive rewards, or yields. But it is time intensive, complex and comes with many risks. (3/14)