Thread by @LeoShapes

Today I want to talk about why @FinanceHexagon is going to change the game on #AVAX and why it could very quickly become a top 5 DEX on #Avalanche

⬢ + 🧵 = ☑️

(Disclosure: I'm on the @FinanceHexagon team so I will try to only relay facts and do my best to be objective)

Let's start off by talking about the amazing support #HexagonFinance has already garnered in the space.

@FinanceHexagon is the first friendly fork of @balancer on #AVAX . Balancer has a TVL of over $3B on Ethereum alone, making it the 3rd largest ETH DEX according to @DefiLlama

#HexagonFi is backed & incubated by @terra_money.

$UST currently has the 3rd largest mkt cap of stablecoins according to @CoinMarketCap

The pools & transactions on #HexagonFinance will be centered around $UST with the #Terra team providing initial $UST liquidity after launch 🚀

Our other strategic partners include;

@Defrost_Finance - Marketing & BD

@WanLabsLtd - Tech Expertise

@CopperPlatform - LBP Protocol #BUIDL

Now, let's talk about the 2 phases that the #HexagonFinance protocol will deploy in..

🏦 Phase 1 - DEX powered by #Balancer V2

🦄 Phase 2 - Lending powered by @AaveAave

Now, we all know that a lot of DEXs use the @Uniswap V2 model..✅

So, what makes #HexagonFinance different?

✨ Graphic Time ✨

You saw that right, #HexagonFinance will offer;

☑️ Customized pool weights & slippage
☑️ Up to 8 assets in a single pool
☑️ Adjustable impermanent loss risk

& @FinanceHexagon will use the #LBP launchpad model as opposed to a normal #IDO framework☑️

So, what are LBPs ⁉️ (Liquidity Bootstrapping Pools)

Check out this cool 📽️ to learn more 👇

TL;DR 🚨

So, what can you really do with #HexagonFi

1⃣ Trade/swap between tokens
2⃣ Earn yields by contributing liquidity
3⃣ Experience limited risks by using stable math
4⃣ Less Impermanent Loss than the Uni model
5⃣ Certain pools offer index fund like exposure level

👇

6⃣ Build liquidity using pools with tailored weights
7⃣ Launchpad via LBPs, protecting from bots/whales
8⃣ Flash Swap arbitraging opportunities for profits

🫡 There you have it folks.

To learn more please visit the docs of @FinanceHexagon at docs.hexagonfinance.io

⬢ +🔺 = 🚀