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Jan 21 • 4 tweets • 4 min read
Yesterday we left you wondering what our idea with ve(3,3) #rock NFT airdrop is...

in this #thread the answer!

$proto @rektfoodfarmer @KingsFantom @FantomFDN @danielesesta @AndreCronjeTech
Our idea is to use the airdropped #NFTs to borrow tokens them and use the amount borrowed in order to boost our #Fission Protocol reaching basically, for the first time ever for a dex, long term #sustainability which is not given by an inflationary token only.
Where the voting power of our protocol will be allocated?

We are going to allocate the voting power to the pool chosen by $ELCT holders that will be able to vote in a #DAO.
The #fees generated by this voting power or #bribes mechanism will be also used to increase the Fission Protocol treasury.

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More from @ProtoFiProtocol

ProtoFi Ecosystem Profile picture
Jan 23
Here's a thread about why The #Fission Protocol and #Quantum supply mechanism makes everything #sustainable compared to the other DEXs!

$proto @FantomFDN @ftm_ecologist @rektfoodfarmer
Let's do a deep dive into the Quantum Supply and why Elastic supply mechanism did not work with other procotols.

In the past, the Elastic supply was linked to different factos such is the price of the token and was not dynamically adjusted.
The decrease in the supply was applied on all the multipliers and this was not "healty" because, at a certain point, when there were no more incentives to hold the native token LPs (because the APR were too low) native liquidity vanisced and the protocol died!
Read 10 tweets
ProtoFi Ecosystem Profile picture
Jan 22
New financial thread about $PROTO and $ELCT value!

In just 2days we have collected almost 250k for the Fission that will give the possibility to $ELCT stakers to earn $DAI.

By assuming to use a minimum of 100k$ for the first 3days of #Fission protocol this means that... Image
The value of Electron can be calculated as below and consequently the $proto value, as you need $proto to get $ELCT.

Tomorrow there will be less than 2M ELCT in circulation but let's assume they are 2M for semplicity in making our calculations.

This means you will get...
You will then make 2.73% daily return on your staked $ELCT by assuming the actual 0.61$ price of $proto.

in APR terms this is a 997% return in stable coin.

which is an #insane ... 1869872% #APY considering #daily #compound.
Read 6 tweets

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