Thread by @Sykodelic_

🧵 Thread + Giveaway

Amongst the sea of failures & rugs of the passive income space, a few gems have emerged.

One of those gems I believe is - @ValifiApp

To enter the $100 Giveaway

🌟 - Follow @ValifiApp
🌟 - Like & RT
🌟 - Tag 3 mates

Let's find out about them 👇

There's no question that the overall outcome of the node/passive income season was a flop. So many people lost money or got rugged. Bad times.

But a couple of projects have sussed it, and when it works, it's bringing amazing passive income to investors.

Having watched @ValifiApp's progress from back in January, I've always had a good feel about them.

They're completely doxxed, extremely community driven & have always been 100% fair.

They've been grinding for 8.5 months through the FUD & bear market & I respect that resilience

Remember frens, all investing comes with risk. Nothing in this thread is financial advice.

I simply want to share my thoughts on one of a very few projects in this space that I think has the potential to provide great value to investors.

Please always #DYOR before investing.

INTRO

@ValifiApp is a DaaS project that has launched on $AVAX.

They are a decentralised passive income project that has developed its own unique stable price algorithm, providing great rewards.

They have already built/building a variety of #utility based income streams.

HOW IT WORKS

To join the $VALI ecosystem you will need to purchase 5 $VALI tokens & then the equivalent of another 5 $VALI tokens, but in stable coin.

Head to the dAPP, connect your wallet & create a YieldBox(YB). The YB then pays 0.1 $ $VALI per day.

Easy!

One of the most key areas of the @ValifiApp system is to limit the creation on YB’s based on protocol health.

To earn yield on YB’s you will need a Yield-Key(YK).YK’s come in different sizes(4-12), allowing different amounts.

The YK's allow them to control rewards amounts.

Investors are able to create as many YB's as they like, but to earn yield they have to be attached to a YK.

The @ValifiApp system will constantly monitor the health of the protocol and check data on how many YK’s can be minted, & when. They're also available on secondary market.

Sustainability

The reason why 99% of passive income projects failed was due to not being able to manage the rewards. Why I like @ValifiApp is because they've put in place 3 things for this

1 - The YK we just discussed
2 - Stable Price Algorithm
3 - Decaying rewards

Stable Price Algorithm(SPA)

If you've been involved in this passive income space you would of seen the success of other projects LM.

$VALI's SPA works in a similar way. However, one of the main differences is that $VALI's is decentralised and available to purchase on a DEX.

SPA listens to buys & sells on the blockchain & performs arbitrage on the price.

Buying when the token price reaches the lower boundary & selling when the price of the token reaches the upper boundary. This system will yield a profit for the liquidity of the SPA.

Price $42-$48

Decaying Rewards

Each YB will produce a maximum amount of 30 $VALI, providing a runway of rewards of 300 days. After this the YB will finish.

Combining these 3 mechanisms $VALI will ensure solid sustainability, whilst paying lucrative rewards for investors.

The point of failure in node projects was unlimited compounding.

This is impossible with $VALI. YK's limit initial creation, and the decaying rewards force compounding, but without unlimited rewards.

This provides a healthy balance for project and investor, pushing longevity.

But what about #Utility & Revenue?

It's all good having sustainable measures, but you absolutely need revenue to keep going.

$VALI are already generating revenue in a few different ways, with more coming soon...

1. Marketplace dAPP

The buying and selling of all YK's is done on $VALI's marketplace where they take a royalty fee.

2. SPA

$VALI make a profit on their SPA transactions

3. SPA as a service

Selling their SPA to other projects and earning transaction percentages.

They also a variety of games built/building

1. Valiflip

A coin toss game where you bet with $VALI

2. Lottery

Purchasing raffle/lottery tickets with $VALI

3. AVAX Prediciton

Betting your $VALI on which way the price of $AVAX will go next.

TOKENOMICS

The team have built what they have called "The Valifi Engine" that automatically manages every aspect of the tokenomic distribution from purchases.

This has been designed to maximise the relationship between sustainability & profitability of both project and investor

The broken down tokenomics are...

Total Supply: 5 Million VALI
Reward Pool: 1 Million VALI at launch. 2.5 Million Vested over 24 Months.
Liquidity Pool: 8,888 VALI + 400,000 Dollars in USDC.
Liquidity Manager: 8,888 VALI + 400,000 Dollars in USDC.
Reserves: 1,482,224 VALI.

SECURITY

The team are fully doxxed and have multiple audits from Certik on the project itself, and also the SPA.

The team are fully doxxed and the liquidity is locked for 16 months.

CONCLUSION

It's safe to say that $VALI have put a serious amount of thought & work into the overall design of their project.

They have strict measures in place to manage the sustainability, as well as big plans to continue to bulk out the utility of the $VALI token.

I think with the success of a few projects beyond the sea of failures of node season, it's shown what can be possible. Out of those failures, new & improved iterations arise.

Combining their resilience, transparency & project model, I believe they have what it takes to do well.

OFFICIAL LINKS

Website - valifi.app
dAPP - dapp.valifi.app/dashboard
Whitepaper - valifi-app.gitbook.io/valifi-whitepa…
Audits - valifi-app.gitbook.io/valifi-whitepa…
Buy $VALI - traderjoexyz.com