As you know, i’m screening the #Crypto market about #PERP Protocols
Let me introduce you @spin_fi (decentralized trading platform with derivatives), perp protocol built on @NEARProtocol blockchain with POTENTIAL #Airdrops
@spin_fi started with a first SEED round of 3.75m$ in Q1 2022
And @spin_fi just reached 1m$ trading volume following deployment on Mainnet
In addition, the protocol has minted its own #NFT collection “FREAKY ELVES” which gives specific benefits to holders:
-Priority pass for future $SPIN IDO
-Unlock premium features
-Private chat/roles in Discord
-Floor price current: 10$
In the docs of the project you can read about $SPIN token with the following use cases:
-Governance
-Fee discounts on the platform
-Larger leverage
-Take part of the incentivization program
-Use $SPIN as collateral
$SPIN token is due to be listed in Q1 2023, but as any other Perp protocols, volume is key.
So what is the incentive that drives the most volume the ?
As previous Perps airdropped tokens to rewars early users, here are the homework to be done to make sure that if $SPIN is airdropped, you'll get eligible:
💵Trade on the spot and Perpetuals (NEAR wallet needed)
Perp website: legacy.perp.spin.fi
1/ Holding #DeFi blue chips is great. Farming them is a plus. So today, i will tell you where is the best place to farm $CVX (3 digits yield, yes sir)!
Ofc, non financial advise. I'm contributor on some projects there, but the below is fair and full of facts !
Enjoy! 👇
2/ this thread is an update on this one covering also $CRV for small PF and newcomers:
3/ Best place to check first is @0xNanoly which is an amazing tool. It's an aggregator of farming yields across almost all Chains. You won't find ALL strategy, but most of them.
Wen Sir? After Perp V2 buddy! But what is Perp V2 and how it's made to make Perpetual futures trading more efficient.
Grab the info here 👇
2/ Perp V2 features is about improving efficiency of perps trading with technical improvements. And instead of digging into the technical details, if you're interested about it, just read this synthesis made by @rasputincat_
As you know i'm deep in the rabbit hole of @synthetix_io
@coingecko mentions that Synthetix has its own blockchain, it can be considered partly true.
Why that? Because of the amazing ecosystem built on top of it.
Today let's talk about @thalesmarket
and its 10year roadmap
10Year roadmap has been written by one of the core contributor of the project, and i advise you to have a read before going to sleep. Still interesting to see some novelty in the Defi space with no competitor whatsoever on any other blockchain:
For example, wanna pick who will win this soccer game?
Torino winning: You'll earn 1$ for every 0.33$ invested
Juventus winning: You'll earn 1$ for every 0.40$ invested