Big #PTPwars or #PTPParty going on at the moment between @echidna_finance and @vector_fi. A thread summarizing their tokenomics.
Conclusion: Vector provides 25% more income for stakers of @Platypusdefi LP Tokens.
An explainer thread 🧵
1/7
#Platypus @cryptofishx $PTP $ECD $VTX
Conclusion: Vector provides 25% more income for stakers of @Platypusdefi LP Tokens.
An explainer thread 🧵
1/7
#Platypus @cryptofishx $PTP $ECD $VTX
2/7
#PTPWar at its best. @Echidna and @vector_fi simultaneously launched theri protocols. Both protocols aim to boost rewards and provide flexibility for $PTP investors, there are differences for investors seeking the highest returns.
#PTPWar at its best. @Echidna and @vector_fi simultaneously launched theri protocols. Both protocols aim to boost rewards and provide flexibility for $PTP investors, there are differences for investors seeking the highest returns.
3/7
A few days before launch, Vector released their tokenomics structure, followed by Echidna a few moments before launch. A comparison with two significant differences.
A few days before launch, Vector released their tokenomics structure, followed by Echidna a few moments before launch. A comparison with two significant differences.
4/7
1: Boosted PTP rewards distribution.
@echidna_finance
80% to LP Token Holders
20% to Echidna
@vector_fi
100% to LP Token Holders
Is this true? Yes it is. Vector gives boosted rewards to the LP Holders, while Echidna taxes it 20% for a continuous team income and for $veECD.
1: Boosted PTP rewards distribution.
@echidna_finance
80% to LP Token Holders
20% to Echidna
@vector_fi
100% to LP Token Holders
Is this true? Yes it is. Vector gives boosted rewards to the LP Holders, while Echidna taxes it 20% for a continuous team income and for $veECD.
5/7
2: Tokenomics
Let's have look at the team share vs. the $PTP investors. A quick sum:
@echidna_finance
15% team, 5% advisors = 20% total
@vector_fi
16% team, 1.5% advisors = 17.5 % total
Echidna allocates a larger team share, although the differences are not mind-blowing.
2: Tokenomics
Let's have look at the team share vs. the $PTP investors. A quick sum:
@echidna_finance
15% team, 5% advisors = 20% total
@vector_fi
16% team, 1.5% advisors = 17.5 % total
Echidna allocates a larger team share, although the differences are not mind-blowing.
6/7
Investing is always a quest for the best possible yield. @vector_fi has a small tokenomics advantage for anyone in @Platypusdefi right now, but their biggest power lies in the protocol compared to @echidna_finance.
Investing is always a quest for the best possible yield. @vector_fi has a small tokenomics advantage for anyone in @Platypusdefi right now, but their biggest power lies in the protocol compared to @echidna_finance.
7/7
The paramount question is:
With a 20% taxation on boosted PTP rewards, what Platypus LP Token holder would choose @Echidna over the non-taxed @vector_fi?
The paramount question is:
With a 20% taxation on boosted PTP rewards, what Platypus LP Token holder would choose @Echidna over the non-taxed @vector_fi?
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