@TitanoFinance has absolutely been on fire the past few months,
We saw what happened to OHM forks around the world, the #ponzinomics were simply unsustainable.
So how do they offer 102,000% APY, while growing rapidly in price?
Let’s dive in👇🧵
1/13
In essence, @TitanoFinance is a simple auto-staking protocol, or TAP.
Simply hold $TITANO tokens in your wallet, and receive a daily ROI of 1.917%, (102,483.58% APY) paid out in 30 minute epochs!
This makes @TitanoFinance the fastest auto-staking protocol in crypto!
2/13
But how in the world are these rewards sustainable?!
And how does the price keep growing?!
3/13
Traditional rebase DAOs sell bonds in order the fund their treasury, but this mechanism is flawed.
If bonds aren’t purchased, and the treasury isn’t growing, this sends the project on a downward spiral, thus eliminating the ability to have a stable price/APY!
4/13
Instead, @TitanoFinance uses a buy/sell fee mechanism in order the fund the treasury/staking rewards (13% buy fee, 18% sell fee).
If a large whale wants to dump their tokens, sure go ahead. The sell fee collected will benefit all $TITANO holders🤯 app.titano.finance/#/dashboard
5/13
The fees are broken down like this:
5% goes to the RFV (risk free valuation)
5% goes to the $BNB/ $TITANO pair on Pancakeswap, increasing collateral value of $TITANO
3% of buys and 8% of sells goes to the treasury, used for new projects, marketing, and RFV!
6/13
When daily RFV collected is equal to or greater than Holders ROI, it is easily paid to the stakers.
When daily RFV collected is less than the Holders ROI, the treasury comes in and helps pay stakers.
7/13
As the project grows, along with the auto compounded staking rewards, there will naturally be some profit taking.
With the system that @TitanoFinance has come up with, these large sells won’t kill the project, as the trading volume will benefit the project greatly!
Win-win!
8/13
In addition, Titano has created Titano P.L.A.Y, another mechanism to sustain price/rewards!
Here’s how it works:
Deposit your $TITANO tokens into P.L.A.Y. Instead of individuals receiving the 100,000%+APY, all deposited tokens will go into a pool.
9/13
Tokens in this pool will then receive the APY, with a few lucky winners receiving that daily accrued interest, sometimes worth over 30,000$ dollars in $TITANO tokens!
Those that deposit will still receive 2,000% APY, creating another win-win scenario!👀👀
10/13
Those who deposit into P.L.A.Y must lock up their tokens for 10 days, or else they’ll be hit will up to a 10% fee, decreasing by 1% daily.
Oh, I didn’t even mention the weekly burns of .475% of the total supply😉
11/13
Here’s a look at the roadmap, so much is still coming to @TitanoFinance 👀
There’s no doubt in my mind this project will continue to grow, and set the standard for this brand new sector of DeFi 🚀 @crypto_coochie docs.titano.finance/roadmap
12/13
Thank you for reading
Comment below what I should cover next!
Follow for daily crypto threads! @BarryFried1
13/13
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What is @HathorNetwork $HTR, and how are they combining blockchain and DAG technology to create an extremely scalable and efficient way for anyone to build customized tokens?
Let’s jump in🧵👇
1/14
First of all, what is DAG technology?
A DAG in crypto (directed acyclic graph), is a structure made up of nodes, with edges connecting the nodes. Each edge has a specific direction through vertices and arrows.
Visually looks like this;Note the purple vertices represent txns.
2/14
Watch this video for a technical dive into how this works 👇
Let’s dive into @Platypusdefi, and how they’re making stableswaps even more efficient 🧵👇
1/14
Traditional AMM stableswaps like Curve suffer from liquidity fragmentation.
Since there are so many different stable pools, liquidity isn’t as deep as it could be. (Spread out across multiple pools)
2/14
In addition, LPers deposit LP tokens made up of two different stable assets, whatever they may be.
Even though both assets are relatively equal in price, if one token gets exploited or loses its peg, you’ll suffer from major impermanent loss!
3/14