Factor ๐Ÿญ Profile picture
Feb 18 โ€ข 10 tweets โ€ข 5 min read
๐Ÿ“ฃ Excited to announce a groundbreaking three-way partnership with @lyrafinance and @official_CVI.

This partnership showcases the power of Factor as DeFi middleware, combining Lyra and CVI assets to seamlessly create unique and innovative vault strategies.
โ™ป๏ธ Lyra is a crypto options trading protocol with over $1B in trading volume.

CVI is a crypto volatility index (a VIX for crypto) that enables users to mint their token to long volatility, or provide LP to hedge short volatility.
๐Ÿญ Factor offers the building blocks for modular asset management.

We will take a Lyra and CVI options and volatility hedging strategy and seamlessly deploy it as a Factor vault.

This creates new use cases for Lyra and CVI and drives TVL and revenue for all three protocols.
๐Ÿ”€ Firstly, integrations:

* Enables our Factor strategists to utilize Lyra and CVI products
* Creates new use cases for Lyra and CVI products
* Creates unique strategy options for Factor vault creators
* Drives TVL and revenue to both Factor, Lyra and CVI
๐Ÿฆ Secondly, partner vaults:

* A unique options trading vault with built in volatility hedges
* Ability to go long or short and hedge for unique yields
* Creates a totally unique use case for Lyra and CVI
* Factor and partners both earn vault fees as a revenue stream
๐Ÿค This is a great example of exactly what Factor was built for and we are delighted to be working with Lyra and CVI to showcase our potential and theirs.

This is something that is complex for the average user, but very simple for Factor. Ushering in a new era for DeFi yields.
๐Ÿง‘โ€๐Ÿคโ€๐Ÿง‘ We're integrating with leading protocols to build the infrastructure and liquidity layer for DeFi.

Lyra and CVI have both brought innovative products to market.

We're looking forward to growing Arbitrum DeFi together and positioning Factor at the heart of it.
๐ŸŽ™๏ธ We will host Lyra and CVI on #TheKeyFactor.

If you'd like to learn more about both projects and how we will work together then make sure to tune in.

Keep an eye out for the announcement, set your reminders and look forward to seeing you there!
๐Ÿ’ฐ If you're interested in Factor then check out our upcoming fair launch of the $FCTR token on @CamelotDEX.

All the details are below and feel free to jump in our Discord or Telegram to ask any questions.

medium.com/@FactorDAO/fctโ€ฆ
๐Ÿง‘โ€๐Ÿซ Learn more about @FactorDAO and $FCTR or come and say gm on Discord or Telegram:

๐ŸŒ factor.fi
๐Ÿ“š factorlaunch.notion.site/Factor-DAO
๐Ÿ“ฃ notion.so/factorlaunch/Wโ€ฆ
๐Ÿ“ medium.com/@FactorDAO/
๐Ÿฆ @FactorDAO
๐Ÿ“ฉ t.me/FactorDAO
๐Ÿ‘พ discord.gg/factor

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More from @FactorDAO

Feb 19
๐Ÿญ Our official fair launch on @CamelotDEX is less than 24 hours away! (Monday, 6 pm UTC)

But how do you participate? What will the starting price be? Do we all get the same amount of $FCTR allocation?

All your questions and more are answered below:

๐Ÿงต ๐Ÿ‘‡ Image
Factor's public sale will be held on @CamelotDEX, utilizing their fair launch model, and will stretch from the 20th to the 24th.

Their fair launch model means all participants get the same $FCTR price, regardless of when they entered.

We're proud to be among these names โ†“
The key details you should know about the sale:

โ€ข 10M $FCTR will be up for sale at a starting price of $0.10 (10%)

โ€ข There is a soft cap of $1M raised, after which the $FCTR price will enter price discovery.

Although there is a soft cap, there is no hard cap, which means:
Read 11 tweets
Feb 17
๐Ÿ“ฃ Happy to announce our partnership with @relay_chain as our official bridge partner.

Over 22,000 $ETH has bridged to Arbitrum within the last week!

Ahead of our public sale we want to promote secure, liquid and affordable ways to bridge to Arbitrum. Image
โ›“๏ธ Relay Chain offer "Bridging-as-a-Service". They aggregate liquidity and costs across 6 different bridges.

Like a price comparison site, they find the cheapest, fastest, most liquid route for you to bridge across multiple chains.

That's what we want for future Factorians!
๐Ÿญ Factor offers the building blocks for modular asset management vaults.

Our future plans involve going multi-chain and this partnership lays the foundations for that objective.

The mutual benefits?
Read 8 tweets
Feb 17
๐Ÿ“ฃ 2 big announcements to cement our partnership with our friends over at @CamelotDEX

1๏ธโƒฃ The Camelot Roundtable Index, launching as our first partner vault.

2๏ธโƒฃ For the added security of our public sale participants we are adding Myrddin from the Camelot team to our multi-sig. Image
โš”๏ธ Camelot has done a superb job emerging as the premier native DEX on Arbitrum.

They've worked hard to bring together some of the most credible Arbitrum DeFi protocols as part of their roundtable.

As a middleware layer for DeFi Factor shares this mission.
๐Ÿฐ To showcase the top projects that form the roundtable we are working with Camelot on launching the Camelot Roundtable Index Vault.

It is also a great way for Arbitrum DeFi fans to get a simple one-click set and forget exposure to an index of Arbitrum's top projects.
Read 8 tweets
Jan 23
๐Ÿงต We believe that on-chain asset management is the next narrative that will drive large-scale DeFi adoption.

But it's more than just a narrative! Asset management platforms can act as the infrastructure and liquidity hubs for DeFi!

Here is the business case for Factor ๐Ÿ‘‡
๐Ÿ˜ƒ The opportunity:

To transform DeFi from a niche, siloed billion-dollar industry into a widely adopted trillion-dollar industry.

We can do this by providing a secure, no-code, one-click infrastructure to aggregate core DeFi products and liquidity. 2/
๐Ÿ˜• The problem:

But first, we must overcome a number of challenges!

DeFi is an early-stage, fragmented market that faces a vast number of barriers to entry.

These issues range from technical to usability to perception. Let's break down some of the key issues one by one. 3/
Read 16 tweets

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