Thread by @ElieRest

6 months anniversary of @colonylab! 🥳

Born at the top of the bull market, now thriving in the bear market. It has been quite a journey already!🔺

A thread to review what has been achieved and what’s next! A big thank you to our amazing community 🤗

🧵Thread to celebrate!
1/21

To start with, the team is glad to build on #Avalanche. It’s a robust platform, with amazing uptime & performances! 💯

From a development perspective we couldn’t ask for more (almost 😉)!

Many other platforms can’t say the same so I want to highlight this one! 🚀

2/21

The nascent #Avalanche community is amazing & everyone is starting to realize it.

We’re going through hardship together and you all know the destination! 💫

It’s a pleasure to ship innovative features with @colonylab for our beloved community! 🙌🏼

3/21

What did Colony do in the last 6 months?

Our mission is vast, let’s detail each point one by one:

1. Investments
2. Early-Stage feature
3. Liquidity Provider Program
4. #CAI (Colony Avalanche ecosystem Index).
5. Validator Program
6. Cash management

Let’s go👇

4/21

1. Investments

@colonylab invested in 15+ projects, offering continuous support & advice on all fronts... long hours dedicated to help build successful projects!

We’re glad to count @platypus, @dexalot, @ImperiumEmpires, @degis and many others.. 🚀

5/21

1. Investments

Live projects represent a capital deployment >$1M! At ATH it’s $4M airdrops (representing just 15% of the allocation)

I’m happy with these metrics! Congrats team! Since the market went down the ROI was a bit impacted. Don’t hate the player, hate the game.😉

6/21

2. Early-Stage feature

This feature is about building the inclusive DAO for the #Avalanche community to invest in seed/private sales!

Built in a scalable, decentralized and secure way!

Web2 testnet is ongoing, Web3 starting soon!

Watch 👉 bit.ly/CLYVideo

7/21

2. Early-Stage feature

How will it work?

Get #CLY
Stake $CLY -> Receive #ANT token (LP) 🐜
Commit $ANT in NEST (pool representing project financing interest).
If enough interest, commit $USDC to redeem ANTs.
-> You funded a new project on #Avalanche

#liquidvesting 👇
8/21

2. Early-Stage feature

It seems complexe but the process will be smooth & the documentation well detailed. 😉

Bear market will enable to launch this feature seamlessly and it will be the perfect opportunity for the community to discover/learn how to use this new tool!

9/21

2. Early-Stage feature

By design, with factory smart contracts, NESTs will be autonomous… therefore the feature will be highly scalable!

It took us some time to come up with this design but what does scalable mean?

Means 10+ investments per week will be very easy!🔥

10/21

3. Liquidity Provider Program

Within 6months @colonylab deployed close to $6M in several protocols like @yetifinance @axial @ohfinance

Most of it is on @yetifinance & every Yeti is getting staked (≈ 1M VeYETI accumulated).

Pleased to support the ecosystem! 🙌🏼

11/21

3. Liquidity Provider Program

Rewards coming from these protocols will be shared with CLY stakers when they become significant!

Will share some insight on the transformation of the liquidity provider program to better fit market conditions in the near future!

Onwards!

12/21

4. #CAI Colony Avalanche ecosystem Index

We presented the first information about the Index at #AvalancheSummit.

It will be an on-chain cap-weighted index, with yield bearing mechanisms enabled for each constituent through @yieldyak!

More info👇

13/21

At launch, depending on market conditions, we target 5 assets within the index:
⁃ $AVAX
⁃ $JOE
⁃ $QI
⁃ $XAVA
⁃ $PNG

#Avax will be capped at 50%!

More projects will be added if they meet $CAI blue chip criteria.. #marketcap #liquidity #audit #longevity etc..
14/21

Overall, $CAI index will be an easy way to track and get exposure to the #Avalanche ecosystem growth! The S&P500 of our ecosystem.

$CAI will be tradable on @traderjoe & @pangolin. @colonylab will bootstrap up to $2M TVL on #CAI.

More info will be shared very soon! ✅

15/21

5. Validator Program

Bear market is the best time to acquire $AVAX!

That’s @Colonylab's strategy after some in depth analysis months back. Some said we did not deploy enough capital after launch… now you understand! 😉

V1 set to launch H2 2022!

16/21

6. Cash Management

Long story short:
⁃ Enough runway for several years
⁃ More than $10M treasury to buy #AVAX & support many promising projects!

Been in crypto since 2013, knew the bear was around the corner ready to hit hard! Team acted accordingly!

Onwards 🙌🏼

17/21

That brings me to the team's feeling & motivation.

We’re thrilled and excited to wake up every morning to build @colonylab!
We have a very long term plan & $CLY trading under book value opens new fantastic opportunities!

Bullish, building, blessed!

18/21

We know it has been hard on the community.

#Avalanche community is young and this might be the 1st bear market for some of you! We’ll see better days. Look forward. Fundamentals are strong!

The only thing we need is us! Let’s stick together and build/support/love! 😊

19/21

If you have questions & want detailed answers, the team is doing an AMA every week!

That’s 21 AMAs in the last 6 months. We do our best to share updates & insights directly from the core team on weekly basis. All you got to do is tune in!😉

Every Thursday on our Telegram!
20/21

This was a long thread!

In short:
⁃ Team is working hard & delivering!
⁃ @avalancheavax & @colonylab are strong and well prepared for winter!
⁃ Love you all!

I've putted some time into this one, let me what you think and spread the word!😉
21/21

https://twitter.com/ElieRest/status/1534932203645329408?s=20&t=yuOr_2DA6rTkuJfptnITAw