Thread by @Tanaka_L2

$GMX, $MMY today is paying much attention on the town.

I stumbled across #POISON perfectly aligned with the #realyield trend, which I have tracked since the inception of this project.

$SNX - MC: 321M
$POISON - MC: 357k

A thread @PoisonFinance ✍🏻

1️⃣ About @PoisonFinance

Poison Protocol is a Decentralized Multichain Synthetic Assets issuance built on Arbitrum.

Posion enables users to trade stocks, commodities, Etfs on blockchain.

2️⃣ Tokenomics

🔹Token metrics

💥Ticker: POI$ON

💥Total supply: 12,610,000 POI$ON

💥Initial Supply: ~2,250,000 POI$ON

💼Emission: 3 POI$ON/block (first month); 1 POI$ON/block (next 4 years)

🔹Token sale rounds

💥Private price: $0.02

💥Public price: $0.03

💥Listing price: $0.04

💥No team tokens

💼All the token sold in presale has been released at TGE (18%) and the rest (82%) will be minted over 4 years as a reward to Lp staking.

🔹 Token use cases

Staking to receive voting privileges

Provide liquidity to earn a juicy reward

Earn a share of Vault withdrawal fees in $USDC (realyield)

💼The most concern with tokenomics is the high inflation for the 1st year (42%)

3️⃣ Upcoming roadmap

A few insights to expected

⚡ #BSC integration

⚡ Defilama listing

⚡ New LPs, tocks listing

⚡ Real yield in $USDC reward

⚡Marketing stragies

4️⃣ On chain details

💥Circulating Supply: ~2,460,000 POI$ON

💥MKC: $363K

💥TVL: $110K

💥Holders: 367 addresses

5️⃣ Should we APE

In sumerize, Here are the things to APE consider

⚡ Realyield narrative

⚡ Lowcap ($300K MKC)

⚡Contract audited by @SolidityFinance

⚡ Emission reduced after TGE 1 month

⚡ High inflation in the 1st year

By utilizing synthetic assets, the idea of poison is exceedingly intricate, so poison has ample to do.

However, with real yield mechanisms and the high demand for real-world assets on the blockchain, Poison has a tremendous scope to explore in Defi.

Always DYOR and NFA.

Tag some influencer
@Mikee_93
@RiddlerDeFi
@ElCryptoDoc
@CryptoKaduna
@SamuelXeus

2x $POISON

@PoisonFinance Better entry now #POISON

@PoisonFinance Like $Y2K, $POISON takes time to accumulate