10th thread 🧵 of 2023 :
Lets talk about @ArchimedesFi - One of the innovative DeFi project out there.
Lets go abit deeper 👇👇
Lets talk about @ArchimedesFi - One of the innovative DeFi project out there.
Lets go abit deeper 👇👇
1/
In this thread i will be sharing :
1⃣ What is @ArchimedesFi ?
2⃣ Why provide Liquidity with ArchimedesFi?
3⃣ Why take Leverage with ArchimedesFi?
4⃣ Tokenomics
5⃣ Social media channels & Audits
6⃣ What next for them?
$ARCH #ArchimedesFi #liquidity #leverage #DeFi
In this thread i will be sharing :
1⃣ What is @ArchimedesFi ?
2⃣ Why provide Liquidity with ArchimedesFi?
3⃣ Why take Leverage with ArchimedesFi?
4⃣ Tokenomics
5⃣ Social media channels & Audits
6⃣ What next for them?
$ARCH #ArchimedesFi #liquidity #leverage #DeFi
2/
1⃣ What is @ArchimedesFi ?
ArchimedesFi is a lending and borrowing platform that built on top of @CurveFinance
> Lenders (LPers) to earn sustainable higher APYs
> Borrowers (Leverage Takers) to earn up to 10x yield of what yield-bearing stablecoins such as OUSD offer.
1⃣ What is @ArchimedesFi ?
ArchimedesFi is a lending and borrowing platform that built on top of @CurveFinance
> Lenders (LPers) to earn sustainable higher APYs
> Borrowers (Leverage Takers) to earn up to 10x yield of what yield-bearing stablecoins such as OUSD offer.
3/
Liquidity Providers provide assets to Archimedes 3CRV/lvUSD pools and receive interest in different assets, such as ARCH tokens and Stables. Archimedes ARCH rewards have innate utility and a fixed supply.
Liquidity Providers provide assets to Archimedes 3CRV/lvUSD pools and receive interest in different assets, such as ARCH tokens and Stables. Archimedes ARCH rewards have innate utility and a fixed supply.
4/
Leverage Takers borrow from these pools to create leveraged positions on appreciating meta-vaults (like OUSD). Archimedes wrap each leveraged position with an NFT. User can trade these NFTs without the need to unwind the position.
Leverage Takers borrow from these pools to create leveraged positions on appreciating meta-vaults (like OUSD). Archimedes wrap each leveraged position with an NFT. User can trade these NFTs without the need to unwind the position.
5/
2⃣ Why provide Liquidity with ArchimedesFi?
-> Sustainable Top-of-Market APY
-> Diversified returns from revenue share (or ‘Real Yield’)
-> Low Risk/Reward
-> Ability to ‘Set and Forget’
2⃣ Why provide Liquidity with ArchimedesFi?
-> Sustainable Top-of-Market APY
-> Diversified returns from revenue share (or ‘Real Yield’)
-> Low Risk/Reward
-> Ability to ‘Set and Forget’
6/
Sustainable Top-of-Market APY :
Dynamic Pool Emissions - They have designed an Emissions approach to avoid overinflated rewards for our Liquidity Pool which traditionally harms the sustainability of the token and protocol.
Sustainable Top-of-Market APY :
Dynamic Pool Emissions - They have designed an Emissions approach to avoid overinflated rewards for our Liquidity Pool which traditionally harms the sustainability of the token and protocol.
7/
Dynamic Emission Schedule:
-> They only use the required amount of ARCH tokens for rewards to achieve this APY
-> This is dynamic and changes constantly based on ARCH price, Supply and Desired APY
-> Year 1 Pool Rewards are limited to 0.3% - 6.7% of total ARCH supply
Dynamic Emission Schedule:
-> They only use the required amount of ARCH tokens for rewards to achieve this APY
-> This is dynamic and changes constantly based on ARCH price, Supply and Desired APY
-> Year 1 Pool Rewards are limited to 0.3% - 6.7% of total ARCH supply
8/
ARCH Token Utility : Their native token is used for pool rewards, its value comes from ‘Real Activity’. Leverage Takers (Borrowers) can only open a leverage position by purchasing access to Leverage (lvUSD) with their native ARCH token.
ARCH Token Utility : Their native token is used for pool rewards, its value comes from ‘Real Activity’. Leverage Takers (Borrowers) can only open a leverage position by purchasing access to Leverage (lvUSD) with their native ARCH token.
9/
Diversified returns from revenue share (or ‘Real Yield’) :
3 types of fees which are sent to the Archimedes Treasury to be used as rewards for the 3CRV/lvUSD Liquidity Providers:
-> Leverage Fee
-> Origination Fee
-> Performance Fee
Diversified returns from revenue share (or ‘Real Yield’) :
3 types of fees which are sent to the Archimedes Treasury to be used as rewards for the 3CRV/lvUSD Liquidity Providers:
-> Leverage Fee
-> Origination Fee
-> Performance Fee
10/
Low Risk/Reward :
The team has incorporated risk mitigation mechanisms to its Protocol and Ecosystem.
-> Curve Pool Imbalance Risk Mitigation
-> Underlying Assets Risk Mitigation
-> Smart Contract Risk Mitigation
Low Risk/Reward :
The team has incorporated risk mitigation mechanisms to its Protocol and Ecosystem.
-> Curve Pool Imbalance Risk Mitigation
-> Underlying Assets Risk Mitigation
-> Smart Contract Risk Mitigation
11/
Set and Forget :
The team has removed the need for Liquidity Providers to continuously move capital. Users can deposit and withdraw their liquidity in their pool at any time. Their pool does not rely on CRV emissions and therefore can support large positions.
Set and Forget :
The team has removed the need for Liquidity Providers to continuously move capital. Users can deposit and withdraw their liquidity in their pool at any time. Their pool does not rely on CRV emissions and therefore can support large positions.
12/
3⃣ Why take Leverage with ArchimedesFi?
-> Sustain top of market APY
-> Set and forget
-> Tradability
-> Predictable fee model
-> Zero to low liquidation
3⃣ Why take Leverage with ArchimedesFi?
-> Sustain top of market APY
-> Set and forget
-> Tradability
-> Predictable fee model
-> Zero to low liquidation
13/
Sustain top of market APY :
Leveraged asset base APYs are always changing. So adding high leverage helps keep their position at the top of the market in terms of APY.
Sustain top of market APY :
Leveraged asset base APYs are always changing. So adding high leverage helps keep their position at the top of the market in terms of APY.
14/
Set and forget :
No need to manage their position. No manual compounding or switching positions. Close the position manually at any time or let it unwind natural after 370 days.
Set and forget :
No need to manage their position. No manual compounding or switching positions. Close the position manually at any time or let it unwind natural after 370 days.
15/
Tradability :
Archimedes packages the position in an NFT, so users can trade it on NFT marketplaces without unwinding it. Leverage allocation is limited and many users may be willing to pay a premium for their position NFT.
Tradability :
Archimedes packages the position in an NFT, so users can trade it on NFT marketplaces without unwinding it. Leverage allocation is limited and many users may be willing to pay a premium for their position NFT.
16/
Predictable fee model :
Leverage takers pay all their fees upfront when opening a position. So there is no need to keep track of variable interest payments over the lifetime of the position.
Predictable fee model :
Leverage takers pay all their fees upfront when opening a position. So there is no need to keep track of variable interest payments over the lifetime of the position.
17/
Zero to low liquidation :
The high quality assets that Archimedes uses for its collateral creates a lower level of risk for the users' funds.
Zero to low liquidation :
The high quality assets that Archimedes uses for its collateral creates a lower level of risk for the users' funds.
18/
4⃣ Tokenomics
$ARCH :
Total Supply : 100,000,000
Community : 50,000,000
Team : 30,000,000
Investors : 15,000,000
Foundation/Development program : 5,000,000
$LVUSD :
Flexible supply based on protocol rules
4⃣ Tokenomics
$ARCH :
Total Supply : 100,000,000
Community : 50,000,000
Team : 30,000,000
Investors : 15,000,000
Foundation/Development program : 5,000,000
$LVUSD :
Flexible supply based on protocol rules
19/
Yearly Emission Schedule :
Yearly Emission Schedule :
20/
5⃣ Social media channels & Audits
Website : archimedesfi.com
Twitter : twitter.com/ArchimedesFi
Discord : discord.com/invite/s7Sxd2C…
Medium : archimedesfi.medium.com
Audit : docs.archimedesfi.com/audit-and-code…
5⃣ Social media channels & Audits
Website : archimedesfi.com
Twitter : twitter.com/ArchimedesFi
Discord : discord.com/invite/s7Sxd2C…
Medium : archimedesfi.medium.com
Audit : docs.archimedesfi.com/audit-and-code…
21/
6⃣ What next for them?
> Add New Partners: Add WBTC and ETH positions to gain broader market exposure
> Add New Features: Support for other wallets, LP Position Auto-compounding
> Cross Chain: Expand Archimedes to other L1s and L2s to facilitate cross chain positions
6⃣ What next for them?
> Add New Partners: Add WBTC and ETH positions to gain broader market exposure
> Add New Features: Support for other wallets, LP Position Auto-compounding
> Cross Chain: Expand Archimedes to other L1s and L2s to facilitate cross chain positions
• • •
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