Baba Profile picture
Feb 24, 2022 25 tweets 10 min read Read on X
Spotlight on @VaporNodes

Part 3 of 3 exploring #NaaS #DaaS projects & sharing back my experience & what I've learned

See thread for the following 🔽

✅ Project overview
✅ Initial experience
✅ Team & community
✅ Sustainability & value
1/

Project overview

VaporFi is a hybrid #NaaS #DaaS protocol on the @avalancheavax network. It pays out $VPND and flipped the script on catering to small investors with a unique compounding reward system

🔗vapornodes.finance
2/

Project overview (cont.)

Whitepaper has room for improvement, but goes into great detail exactly where needed and provides a solid glimpse into what the protocol is focused on, and what it's value proposition is

▶️ Distribution %
▶️ Compound bonuses
▶️ Treasury investments
3/

Project overview (cont.)

Team has taken the time to build a robust & organized @discord to support a community of over 17k members. Mods are extremely active, frequent AMA's, and a mature crowd make this a positive & welcoming environment
4/

Project overview (cont.)

They've taken time to create an OTC process to enable large volumes to be transferred without negatively impacting the market. This will be increasingly important as compounded rewards grow in the future
5/

Project overview (cont.)

Nodes can be created with as little as 1000 $VPND, and you can increase it's size at any time by depositing more $VPND. Limit of 5 nodes per wallet. The differentiator is that there's a compound bonus & the smaller the node, the better the bonus!
5/

Project overview (cont.)

Compound Bonuses are extremely attractive and help even the smallest nodes grow quickly

▶️ Under 5K $VPND: +25% bonus
▶️ 5K - 9,999 $VPND: +15% bonus
▶️ 10K - 19,999 $VPND: +10% bonus
▶️ 20K+ $VPND: No bonus
6/

Project overview (cont.)

Minimum entry is 1000 $VPND which is currently $34 USD or 0.52 $AVAX, one of the most affordable entry points I've seen in the space

1 $VPND = 0.00052 $AVAX

▶️ Minimum size: 1,000 $VPND
▶️ Maximum size: unlimited
7/

Project overview (cont.)

They have a referral program! Allowing you to earn 5% back in $VPND spent building a node when you onboard a new member to the community

🔽 Use mine below if this review was helpful!

🔗 app.vapornodes.finance/nodes?invite=0…
8/

Project overview (cont.)

The team is fully doxxed and in KYC process. Meet the co-founders of VaporNodes - both fully doxxed and extremely active in the community. They've run 3 AMA's alone in the last 2 weeks

▶️ Jose: twitter.com/MejiasDev
▶️ Tom: linkedin.com/in/tom-ehrlich…
9/

Project overview (cont.)

They have a merch store, and you can even purchase your merch using $VPND! Ah sweet utility!

🔗merch.vapornodes.finance
10/

Project overview (cont.)

They're focused on building an entire VaporFi ecosystem leveraging their existing and future treasury investments to fund the journey. VaporChain (coming soon) will be a homegrown subnet driving direct and indirect value
11/

Project overview (cont.)

This is by far the most well-managed & tracked treasuries that I've come across so far. Sustainability is priority #1 and it shows. The treasury is managed with care and the community has deployed it effectively to generate recurring revenue
12/

Initial experience

😍 Beautiful UI
😍 Emotionally invested community
😍 Fully doxxed founders
😍 Referral program (5%)
😍 Treasury management
😍 Outside the box thinking
🥰 Straightforward mechanics
🥰 Low entry point + compounding
🥰 Professional & mature community
13/

Initial experience (cont.)

Creating nodes is extremely easy, and the UI that @MejiasDev and team have designed is drop-dead gorgeous. Simple, clean, and fun to monitor!
14/

Initial experience (cont.)

Immediately greeted by MOZAngelesSD and struck by their passion and emotional investment in fellow community members. He shares compounding strategies with everyone freely - and simplifies it all. My strategy is thanks to him
15/

Initial experience (cont.)

The team hosts an AMA via discord or twitter spaces consistently - this is actually how I found the project (Spaces) and what I heard was enough to motivate me to add this project to my list of exploratory investments

16/

Team & community

Fully doxxed founders, a phenomenal & knowledgeable community manager (shoutout Renegade), and a community full of folks that beyond their financial investment appear to be genuinely emotionally invested in VaporFi & $VPND
17/

Sustainability & Value

This is always my biggest concern. VaporFi appears to really understand that sustainability can ONLY be achieved through the creation of an entire ecosystem around the VaporFi brand. Crypto + physical investments, coupled with ecosystem developed!
18/

Sustainability & value (cont.)

78% of nodes are in a compounding state and people aren't claiming - that's the faith they have. However, this shows that the team will need to be very strategic with their rewards and future bonuses to maintain the health of the reward pool
19/

Sustainability & value (cont.)

The investments made to-date by the treasury, combined with the approach laid out shows me that this team is prepared to be dependent on no one except themselves. No one investment will have the weight to pull the project down.
20/

Final thoughts on $VPND

✅Fully doxxed founders
✅Emotionally invested community
✅Health & diversified treasury
✅Emphasis on sustainability
✅VaporChain coming soon
✅Building an ecosystem around brand
✅Beautiful UI
✅Super low barrier to entry
✅Appealing rewards
21/

I said at the beginning of this teaser and series of reviews that there was one project that I wanted to invest my time in - and this is it. Felt excited enough about where this project could go that I voluntarily doxxed myself to Tom just to ensure I could help if needed
22/

Looking forward to what 2022 will bring to this project and community. This is a project I'm going to have a hard to claiming from, and even more importantly - I feel a stronger desire to help the project grow than I do to actually make money from my financial investment
23/

DISCLAIMER: This is not financial advice, always do your own research and do not assume that my experience will be yours. I plan to support this project in whatever capacity I can to ensure it's success & sustainability

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Baba

Baba Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @BabaYetuNFT

Dec 23, 2022
The Genesis Pool is the first emission event for $VAPE and it's a design that we've never seen employed in DeFi before.

Developed by @_VaporFi as an alternative to unfair token launches & sales. 100% for our community.

Let's explore this organic valuation concept 🧵
1/ Genesis Pool is the 1st of 4 primary markets emitting the max supply of 21M $VAPE

✅ Exclusive to Stratosphere members
✅ Surrender $VPND for $VAPE reward stake
✅ Quantifies marginal cost for $VAPE

1-time event enables the community to set and create a secondary market
2/ The genesis event will occur in 3 stages, each sequential and building on the previous stage. We'll explore each stage in greater detail
Read 18 tweets
Dec 21, 2022
Today we released the first of many publications outlining the token economy for $VAPE, the governance & utility token for @VaporDex

Incredibly proud of what we've drawn up for our @_VaporFi community. This is YOUR token.

Let's start talking $VAPE 🧵

medium.com/@VaporFi/intro…
1/ A couple different ways to consume if you're on the go or want to supplement the Medium article:

🔊Audio of Article:
vaporfi633.sharepoint.com/:u:/s/VaporFi/…

📽️Presentation Video:
vaporfi633.sharepoint.com/:v:/s/VaporFi/…

📄Presentation PDF:
vaporfi633.sharepoint.com/:b:/s/VaporFi/…
2/ Breaking down the presentation - we cover an overview of $VAPE and its token economy, a look at the supply of the token, and then an initial glance at our new node-powered manufacturing that we'll be building in conjunction with VAPE's rollout ImageImageImage
Read 20 tweets
Aug 27, 2022
A sustainable future full of new value experiences, products & utility for your @_VaporFi node & $VPND is right around the corner! We're excited to complete our evolution and deliver true sustainability & long-term value for our community

🧵49 pg deck condensed into a mega TLDR!
Here's everything that's covered and contemplated in our Node Evolution presentation & AMA
Our upcoming community proposals, all to support our Node Evolution initiative. All proposals are announced in our discord, get ready to vote (and ask questions)
Read 17 tweets
Aug 13, 2022
Could not be prouder of how #ProjectElevate is coming together in preparation for launch. We have years worth of new features identified, and no one in DeFi is doing what we'll be doing at @_VaporFi for our community (and partners)

Here's a little appetizer & mindset insight 🧵
People flocked to nodes & DeFi for passive income, we're here to establish SOURCES of sustainable passive long-term VALUE. Value for a consumer, for our protocol to continue expanding, and value for our growing community. This is our mindset, this is our north star
Value can be found by almost anyone. Sources of sustainable LONG-TERM value are where the true builders can separate themselves from the rest of the pack. Teams that can bring together the best community, builders, creators, and strategists will always find a way to adapt & grow
Read 12 tweets
Feb 24, 2022
Spotlight on @FinancePentagon

Part 2 of 3 exploring #NaaS #DaaS projects & sharing back my experience & what I've learned

See thread for the following 🔽

✅ Project overview
✅ Initial experience
✅ Team & community
✅ Sustainability & value
✅ Price action of $PENT
1/

Project overview

Pentagon Financial is a #DaaS protocol on @0xPolygon which pays out in $PENT and uses a very intriguing (and fun) fusion mechanism to upgrade nodes to increase yields. They also have a unique renting option as well!

🔗 pentagon.financial
2/

Project overview (cont.)

Their whitepaper is surprisingly robust compared to most #DaaS projects sprouting up. Solid walkthrough of some critical topics

▶️ Node tiers & yield
▶️ Fusion of nodes
▶️ Renting nodes
▶️ KYC & Audit

🔗pentagon-finance.gitbook.io/welcome/
Read 19 tweets
Feb 23, 2022
Spotlight on @polar_nodes

Part 1 of 3 exploring several #NAAS #DAAS projects, sharing back my experience and what I've learned.

See thread for the following 🔽

✅ Project overview
✅ Initial experience
✅ Team & community
✅ Sustainability & value
✅ Price action of $POLAR
1/

Project overview

Polar nodes brands itself as the "first fully decentralized autonomous node organization", or DANO for short. It's a #NAAS project on @avalancheavax which pays out in $POLAR

🔗 polarnodes.finance
2/

Project overview (cont.)

The project's "manifesto" highlights that their business model revolves around solving for 3 key headwinds facing #DeFi projects

➡️ Fallibility of KYC system
➡️ Risks of Multi-sig
➡️ Liquidity lock challenges

🔗 polarnodes.finance/PolarDANO.pdf
Read 25 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(