Baba Yetu Profile picture
Feb 24 25 tweets 10 min read
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

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More from @BabaYetuNFT

Feb 24
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
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

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