[0/7] $OHM's model is flawed. The APY needs to be lowered to make it more sustainable. Even so $OHM has two great features: the Bonding Mechanism and Protocol Owned Liquidity
🧵 A thread on how @SChainCapital aims to be the best #FaaS project by adding enhanced $OHM features
🧵 A thread on how @SChainCapital aims to be the best #FaaS project by adding enhanced $OHM features
@SChainCapital [1/7] ⚡️ Instant Bonds. $SCC is going to be the first protocol with Instant Bonds. Ever.
Bonding is the process of trading an LP share or an asset for $SCC at a discount. Our bonds don’t require any vesting period. Thanks to the sell tax our mechanism is foolproof.
Bonding is the process of trading an LP share or an asset for $SCC at a discount. Our bonds don’t require any vesting period. Thanks to the sell tax our mechanism is foolproof.
@SChainCapital [2/7] $SCC is not inflationary. Thanks to our static supply (soon deflationary) we don’t add any potential harmful sell pressure. In addition to this, we are able to grow our treasury much faster than trading volume alone. Treasury = Market Cap soon (New Peg)
@SChainCapital [3/7] Doing Buybacks has never been so inexpensive for a Treasury. We buy back $SCC and make them available for bonds. In order for the mechanism to be foolproof the discount is less than 10% and even more if we consider the price impact (especially on large buys). Win win 🧠
@SChainCapital [4/7] Scary Chain Capital will offer different types of bonds on #Ethereum and #Fantom.
A SCC-ETH / SCC-FTM LP Bond (the most convenient bond), $ETH / $FTM, $USDC, $MIM and $UST
A SCC-ETH / SCC-FTM LP Bond (the most convenient bond), $ETH / $FTM, $USDC, $MIM and $UST
@SChainCapital [5/7] You'll be able to zap $ETH or $FTM and get the LP Bond. LP with ease.
@SChainCapital becomes the first #FaaS project with Protocol Owned Liquidity. More liquidity will favor a bigger trading volume. Again Win-Win for the treasury and the $SCC holders
@SChainCapital becomes the first #FaaS project with Protocol Owned Liquidity. More liquidity will favor a bigger trading volume. Again Win-Win for the treasury and the $SCC holders
@SChainCapital [6/7] Thanks to Instant Bonds activates a Positive Feedback Loop. A well-managed treasury will be able to do buybacks and will keep most of its purchasing power thanks to the bonding mechanism.
It'll be clear through images and videos 🔜
It'll be clear through images and videos 🔜
@SChainCapital [7/7] $SCC will keep innovation as its distinctive feature. Thanks to Instant Bonds and Protocol Owned Liquidity @SChainCapital becomes the most complete #FaaS project.
We have one more thing: Cross Chain Rewards🔥
More about them in another thread 😉
We have one more thing: Cross Chain Rewards🔥
More about them in another thread 😉
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