Thread by @DefiDegenL2

#LSD tokens is being pumped strongly, is this a temporary fomo or the next medium-term trend ?
Today, I'm spending time writing about a project that I personally find very potential after analysis.

Maybe the project will have very good developments in the near future as well as in the long term
$BTRFLY – @redactedcartel Redacted Protocol
The business model has 3 notable real-yield sources .

redacted.finance
twitter.com/redactedcartel

A. BTRFLY locker will get real yield from the entire ecosystem rich with breakthrough products of Redacted. Include:
1. hiddenhand.finance/bribes
Hidden hand (HH): A platform that is in the top 5 CVX holders, is a platform with the concept of "bribes, bribes" "bribes" CVX holders

to let them vote on CVX DAO as they please, instead of having to buy CVX. HH will pay a "pawn" fee for this vote navigation (mainly to vote for the pool that gets the most rewards from Curve). In addition, they also implement this activity with many other projects.

Users do not have to pay project fees but they charge 4% from other projects that want to use this bribe service: AURA, FRAX, BALANCER, TOKEMARK, RIBBON, etc…
HH is a strategic ally that helps FRAX win the Convex War and capture an overwhelming market share.

Here is an example of how HH brings real-yield to BTRFLY locker and benefits to Frax, Balancer:
Doanh thu từ HH
dune.com/queries/675784…

2. pirex.io/home
Pirex: a project that helps provide liquidity, profitability and utility to CVX holders (CVX wrapper). Users instead of locking CVX to get vlCVX, send their CVX to Pirex to get pxCVX, the project that brings CVX to relock receives Convex's vlCVX,

1 pxCVX is backed by 1 vlCVX. pxCVX holders receive all vlCVX profits (except fees) in addition to claiming additional profits from “bribes” on Votium every 2 weeks. They can auto-compound this profit if they further deposit pxCVX in “Easy Mode” or

trade pxCVX futures on Pirex aiming to hedge the CVX locked in the platform in “Expert Mode” (not yet released).
The same applies to the GMX/GLP model currently coding.
Platform fees collected and reallocated to BTRFLY locker