Thread by @Barmazoid

If you read my previous tweets you know what is $AZIL by @AvelyFinance . Now I'm going to give you one of examples how you can use $AZIL. It will give you better APY and it will also allow you to be more flexible with your staked $ZIL. Read this thread if you're interested🧵

Imagine you have 100,000 $ZIL for example. I decided to use some beautiful digit🤑 to show you the algorythm. You divide this sum by 2 parts - now you have 50,000 $ZIL and another 50,000 $ZIL. First part you stake with @AvelyFinance and get $AZIL.

The second part you leave as is. So after this you have some $AZIL which is backed by 50,000 $ZIL and 50,000 unstaked $ZIL. Now you take these two parts $AZIL and $ZIL and go to @ZilSwap or other decentralized exchange and provide it as liquidity there for a pair $AZIL / $ZIL.

That's all, now you can just relax🏝 and get rewards from dex🤑A half of your $ZIL is staked with @AvelyFinance in $AZIL so you automatically get $ZIL staking rewards and it included in $AZIL price. If you withdraw this $AZIL you will get all staked $ZIL + rewards.

Additionally you get rewards for providing liquidity from decentralized exchange for a whole sum (first part in $AZIL and second part in $ZIL). In our example you get rewards in $AZIL for 50,000 $ZIL and you get rewards for providing liquidity for 100,000 $ZIL.

This trading pair is very interesting because it will have very low impermanent loss. (💡Impermanent loss is the difference between holding assets and staking them in an automated market maker based pool). In this trading pair impermanent loss is less than 0.3%.

Now let's talk about a flexibility. If you urgently need your $ZIL back you can always withdraw your assets from a liquidity pool. You will get some $AZIL and $ZIL. Your $ZIL can be used istantly and $AZIL can be withdrawn using a standard method.

If you got more $AZIL than you invested in a liquidity pool you just get more $ZIL after withdrawal. So this trading pair can give you a lot of flexibility and it will have very low impermanent loss. I hope you liked this thread🥰. More tweets coming soon.