Thread by @ModestusOkoye

Have you heard about real-world asstes+Digital assets integration?👁 @Xodusfinance brings to us one of the best innovations you can get from a decentralised autonomous organisation(DAO). Briefly, I will walk you through what @Xodusfinance has to offer.
✍✍Thread below #XOD

Firstly the knowledge of what a DAO is will go a long way to help you to gain a deeper understanding of this protocol.
A DAO is a term that is used for a group of persons that agrees to obey certain rules in other to achieve a common purpose.

These rules are enshrined in smart contracts making it impossible to be manipulated once it's launched. Also since DAO are built on open-source blockchains, it means that everyone can see these rules to be sure that there is no manipulations.

This allows users who are comfortable with this set of rules to buy into the DAO. However, users can buy into the DAO using by purchasing their native token which in the case of @Xodusfinance their native token is #XOD.

What is XODUS FINANCE
XODUS Finance is a decentralised financial problem-solving protocol that has the goal of giving out incentives to its users. There are so many features that this protocol has incorporated to make their community benefit on the long run which include;

1. Investing in real world+ digital assets
2. Staking
3. Minting
We will explain how you will benefit massively from these above in a short while. Let's first of all outline the problem some DAO and projects that operate by the OHM model had faced and @Xodusfinance solution to it

The problems include;
1. High APY: Normally protocols do this to attract users but at a point, they can't sustain it again because high APY makes users mint the native token or stables faster from the protocol's liquidity pool. When users mint these tokens, they sell off leading

to a price devaluation of the token and as the protocol can't hold it again, the APY starts going down and newer users that invested will notice that they are in a loss as early users who aren't interested in the project sells off their token and moves on.

@Xodusfinance creates a sustainable APY which it raised during minting(i will explain the deeply shortly) to attract users and reduce it after minting to maintain its protocol ability to deliver.

2. Problems encountered by OHMS Model Projects: @Xodusfinance adopted the OHMS model(What this model is all about is that a protocol uses incentives to lure its members to give them the LP power which the protocol will keep in it's treasury to avert the problem of capital flight)

As most projects that adopted this model crashed because they raised their staking APYs high which gave users room to milk the same liquidity they bought. However, in the case of @Xodusfinance they are very wise to maintain a stable sustainable APY

3. Risks associated with volatility in the cryptocurrency industry: In the last bull season, we saw the total MCAP of cryptocurrencies rise to 3Trillion but have depreciated by almost 1T, this explains to us that if @Xodusfinance invests money in their treasury on crypto assets

alone, it will, they have risked a lot. As a wise protocol, they have planned to hedge against such volatility by hedging volatility through the acquisition of real-world assets. This makes them sustain their incentivizing of users for a longer term.

@Xodusfinance has #XOD as it's native token and is built on the fanthom opera chain.

HOW WILL THE COMMUNITY BENEFIT?

1. As a holder for the XOD token, you have the right to suggest that real-life investment/digital asset that you have spotted but don't have money to invest thing. This is possible because one of the utility of XOD tokeb is for governance.

Hence with access to the XOD coin, you have burnt the bridge of missing nice projects/real-life assets due to a lack of money. Isn't this cool?

Minting: This is a process of buying the XOD tokens at a discounted rate from @Xodusfinance treasury using LP tokens or Stables. The tokens bought are not given out immediately but vested for 5 days and claimable after every rebase (8 hours). This last statement means👇👇👇

Now in minting, the protocol, users exchange either there LP tokens or stables for XOD tokens. This generates funds for @Xodusfinance treasury.

Meanwhile, those XOD tokens will be locked(vested) for 5 days only to be claimed every 8 hours within the 5 days to prevent massive sell-off and token devaluation.

3. Staking: The community benefits too from staking their XOD to earn rebase rewards in the form of XOD tokens.

OTHER THINGS YOU NEED TO KNOW ABOUT THIS PROTOCOL.

1. You can buy them as of the time of this write-up on spiritswap.

2. They have been audited by assure defi, you can check it out here👇👇
xodusfinancedao.medium.com/xodus-finance-…. Hence they are security conscious.

3. Presale 2 on 15th April

Let's all go get $XOD on the 15th of April if you haven't because something huge is here🚀🚀🚀🚀