@avalancheavax propose that ApeCoin DAO launches Otherside on an Avalanche Subnet to support Otherside’s future community growth through rapid transaction processing, higher throughput, greater ability to scale and lower gas fees.
- Apecoin has their own blockchain driven by the APE token.
- Avalanche Subnets deliver the necessary speed, security, low fees, and customizability for the Ape community
- Ava Labs team will provide technical support and expertise to ensure a seamless transition.
- Avalanche has a global community with 1.18M+ Twitter followers across all accounts, 46,900+ Discord members, and 19 global Telegram groups with 107K+ Members
- Ava Labs offers a Subnet EVM
@avalancheavax@apecoin@avalabsofficial - Subnets allow for unmatched flexibility with gas fees paid in APE, accruing value to the ApeCoin subnet and APE holders.
- ApeCoin DAO can choose the best validators to run the Otherside Metaverse.
✔️ Education/Community
- Custom walkthroughs and tutorials for new users
- Line/help desk on Avalanche Foundation and ApeCoin websites
- Exclusive invitation to Avalanche Events
@avalancheavax@apecoin@avalabsofficial ✔️Tech/Product
- Help establish the Genesis of the ApeCoin Subnet
- Custom Block Explorer and RPC nodes
- Establish validator nodes or help to connect with a group of existing validators.
- Assist with any changes to APE tokenomics
@avalancheavax@apecoin@avalabsofficial ✔️Financial
- Access to $290M Multiverse incentive program
- Interactive engagements with the $100M Culture Catalyst fund
✔️Hiring
- Assistance with hiring and talent pool for ApeCoin DAO
@avalancheavax@apecoin@avalabsofficial ✔️Marketing/Events
- Co-marketing and cross-promotion of the ApeCoin Subnet within Avalanche community
- Twitter Spaces and other events with ApeCoin DAO, BAYC/MAYC community, and/or Yuga Labs
- Token holders have access to limited edition Avalanche merch
- Scope out the subnet implementation
- Deploy the subnet
- Develop relevant ancillary tooling such as bridges, explorer, and data analytics.
- Transition support for the ApeCoin community from other networks
... all with Ava Labs developers' assistance
🚶#MoveToEarn is the current hype in crypto, following the popular #PlayToEarn model that most Metaverse and NFT coins adopted.
🔺On #Avalanche we have our first #M2E application @StepApp_
In 2021, we see an explosion of gamefi, play-to-earn genres, a trend led by @AxieInfinity and then gradually cooled down.
Currently, gamification involves the incorporation of traditional gaming elements into non-gaming activities.
@StepApp_@AxieInfinity Move-to-earn is the current hype in crypto, following the popular play-to-earn model that most Metaverse and NFT coins adopted. As the name suggests, move-to-earn projects enable users to earn rewards for walking, running, dancing, or simply moving around.
Vector Finance is a DeFi project that belongs to the Yield Optimizer model on Avalanche. Precisely, Vector symbiotically works with Platypus Finance.
Vector allows users to deposit stablecoins, stake $PTP and earn greater profits than on Platypus Finance
In a time of unpredictable market volatility, it's very important to protect your assets. While holding stablecoins is a good risk-free way.
In this thread we will show you how you can make money with stablecoins on #Avalanche
🧵👇
1/ One-side Farm
1.1/ Platypus Finance
When it comes to farming/staking stablecoins, we must of course mention #1 AMM stableswap @Platypusdefi
. If you are holding stablecoins, you should check this out:
- Go to Pool, Select Alt Pool
- Deposit Deposit into pool and earn APR
@Platypusdefi Bonus tip:
- Stake some $PTP on Platypus to Boost Yield
- When you stake $PTP you also receive $vePTP -> Boost more Yield
The subnet model is an extensible solution for the #Avalanche ecosystem.
Previously, the #Cosmos ecosystem did this very well with #IBCGang , so what is the difference between these two models?
You know how you can’t balance a social life, work, and sleep easily? The blockchain trilemma is similar.
Security. Decentralization. Scalability. Three of blockchain’s pillars that all seem to constantly strive to co-exist but struggle to live in harmony.
2/ This thread will cover Avalanche Subnet and Cosmos IBC in 3 aspects:
- Scalability
- Decentralization
- Security
Our previous comparision Avalanche Subnet vs Parachain
Yeti Finance is a cross-margin lending protocol on Avalanche that allows users to borrow up to 21x against their portfolio of LP tokens, staked assets such as $sJOE and $sAVAX, and yield-bearing stablecoins in a single debt position for 0% interest.
- Diverse collaterals
- Leveraged farming strategies
- Farming and staking rewards are auto-compounded
- Borrowers receive YUSD (can be swapped or re-deposited into Yeti Finance)
1/ In 2021, we see an explosion of gamefi, play-to-earn genres, a trend led by @AxieInfinity and then gradually cooled down.
Currently, gamification involves the incorporation of traditional gaming elements into non-gaming activities.
@AxieInfinity 2/ Move-to-earn is the current hype in crypto, following the popular play-to-earn model that most Metaverse and NFT coins adopted. As the name suggests, move-to-earn projects enable users to earn rewards for walking, running, dancing, or simply moving around.