⚡Sterling Finance⚡- The most unique ve(3,3) DEX on Arbitrum
Sterling Finance addresses major issues of DEX such as LP incentivization, while providing best in class products.
A brief thread on Arbitrum's unique Dex Sterling Finance @Sterling_Fi 🧵
$STR #Arbinauts #Arbitrum
Sterling Finance addresses major issues of DEX such as LP incentivization, while providing best in class products.
A brief thread on Arbitrum's unique Dex Sterling Finance @Sterling_Fi 🧵
$STR #Arbinauts #Arbitrum
🔴Thread Outline
🔷 Introduction
🔷 It's Product
🔷 Sterling Finance Token - $STR
🔷 $STR Tokenomics
🔷 Liquidity Pools
🔷 Fees
🔷 Emissions
🔷 Voting and Rewards
🔷 Security
🔷 Sterling Finance Team
🔷 Conclusion
$STR #Arbinauts #Arbitrum
🔷 Introduction
🔷 It's Product
🔷 Sterling Finance Token - $STR
🔷 $STR Tokenomics
🔷 Liquidity Pools
🔷 Fees
🔷 Emissions
🔷 Voting and Rewards
🔷 Security
🔷 Sterling Finance Team
🔷 Conclusion
$STR #Arbinauts #Arbitrum
🔷 Introduction
✨Sterling Finance intends to serve as a solution for protocols om Arbitrum, properly incentivizing liquidity for their own use cases.
✨Building on top of the foundation laid by Solidly.
✨Sterling Finance intends to serve as a solution for protocols om Arbitrum, properly incentivizing liquidity for their own use cases.
✨Building on top of the foundation laid by Solidly.
✨Addressing major issues such as liquidity incentivization, ensuring productive gauges, and tying rewards with emissions.
✨Sterling Finance presents an attractive alternative by addressing the core issues in Solidly and adding their own improvements.
✨Sterling Finance presents an attractive alternative by addressing the core issues in Solidly and adding their own improvements.
🔷 Sterling Finance's Products
🎗️Sterling Swap - Swap between Sterling supported stable and volatile assets.
🎗️Sterling Swap - Swap between Sterling supported stable and volatile assets.
🎗️Liquidity - Create a pair or add liquidity to existing stable or volatile Liquidity Pairs.
🎗️Vest - To earn rewards and governance rights, you must lock your STR. Because each locked position is created and represented as an NFT, you can hold multiple locked positions at the same time.
🎗️Vest - To earn rewards and governance rights, you must lock your STR. Because each locked position is created and represented as an NFT, you can hold multiple locked positions at the same time.
🎗️Vote - Use your veSTR to vote for your selected liquidity pair’s rewards distribution or create a bribe to encourage others to do the same
🔷 Sterling Finance Token - $STR
✨$STR can be locked as veSTR into an NFT that uses the vote escrow paradigm to collect fees and control emissions. It is a transferrable asset with a variety of lock periods that can be chosen.
✨There is no rebase
✨$STR can be locked as veSTR into an NFT that uses the vote escrow paradigm to collect fees and control emissions. It is a transferrable asset with a variety of lock periods that can be chosen.
✨There is no rebase
✨veLOCK period
The maximum lock term will be 8 weeks, and the $veSTR will be issued a proportion of your lock time. This modifier determines your voting power and the percentage of fees in the pool you choose.
The maximum lock term will be 8 weeks, and the $veSTR will be issued a proportion of your lock time. This modifier determines your voting power and the percentage of fees in the pool you choose.
🔷 $STR Tokenomics
♦️Total supply - 1,000,000 tokens
💎Distribution and treasury allocation
✨Partner NFT's - 10%
✨Team - 15%
✨Initial liquidity -10%
✨Treasury - 65%
♦️Total supply - 1,000,000 tokens
💎Distribution and treasury allocation
✨Partner NFT's - 10%
✨Team - 15%
✨Initial liquidity -10%
✨Treasury - 65%
💎Treasury allocation
✨Core Emissions (Treasury NFT) - 15%
✨Bribe Matching - 10%
✨External Bribes - 25%
✨Marketing and Promotion - 15%
✨Core Emissions (Treasury NFT) - 15%
✨Bribe Matching - 10%
✨External Bribes - 25%
✨Marketing and Promotion - 15%
🔷 Liquidity Pools
✨Sterling Finance's core functionality is to allow users to trade digital assets in a secure way, with very low fees and low slippage.
✨Sterling Finance's core functionality is to allow users to trade digital assets in a secure way, with very low fees and low slippage.
✨Steling identified two types of assets to produce best rates
1️⃣ correlated - example stable coins ($USDC, $DAI, etc.)
2️⃣ uncorrelated - example $STR and $ETH
✨Stable Pools & Volatile Pools are the two main LP types that Sterling offers based on the demands of token pairs.
1️⃣ correlated - example stable coins ($USDC, $DAI, etc.)
2️⃣ uncorrelated - example $STR and $ETH
✨Stable Pools & Volatile Pools are the two main LP types that Sterling offers based on the demands of token pairs.
✨In order to choose the most effective price quote and trade execution route, the protocol router assesses both pool types.
✨ The router makes use of 30-minute TWAPs to defend against flash loan attacks (time-weighted average prices).
✨ The router makes use of 30-minute TWAPs to defend against flash loan attacks (time-weighted average prices).
🔷 Fees
✨The trading fees for volatile pools will be 0.2% and 0.02% for stables.
✨The trading fees for volatile pools will be 0.2% and 0.02% for stables.
🔷 Emissions
✨The total supply is 1,000,000 $STR
✨Weekly emissions begin at 25,000 $STR (2.5% of the starting supply) and decrease by 1% each week after that (or epoch).
✨Every weekly emission will commence at the beginning of every epoch.
✨The total supply is 1,000,000 $STR
✨Weekly emissions begin at 25,000 $STR (2.5% of the starting supply) and decrease by 1% each week after that (or epoch).
✨Every weekly emission will commence at the beginning of every epoch.
✨5% of $STR emissions will flow to the Treasury for marketing and core pool management purposes.
✨Emissions will have a 1.0% decline rate per week:
Week 1 - 25,000
Week 2 - 24,750
Week 3 - 24,502
Week 4 - 24,256
Week 5 - 24,013
✨Emissions will have a 1.0% decline rate per week:
Week 1 - 25,000
Week 2 - 24,750
Week 3 - 24,502
Week 4 - 24,256
Week 5 - 24,013
🔷 Voting and Rewards
💎Gauge Voting
✨By voting on their preferred liquidity pool gauges, $veSTR holders determine which liquidity pools receive emissions in a given epoch.
✨Voters earns 100% of the trading fees and bribes gained from the liquidity pool they vote for.
💎Gauge Voting
✨By voting on their preferred liquidity pool gauges, $veSTR holders determine which liquidity pools receive emissions in a given epoch.
✨Voters earns 100% of the trading fees and bribes gained from the liquidity pool they vote for.
🔷 Security
✨Sterling Finance is based on the audited smart contracts of Solidly.
✨The tokenomics & emission deployment are the two key differences between the original code from Solidly and the code from Sterling Finance.
✨Sterling Finance is undergoing Vital Block Audit.
✨Sterling Finance is based on the audited smart contracts of Solidly.
✨The tokenomics & emission deployment are the two key differences between the original code from Solidly and the code from Sterling Finance.
✨Sterling Finance is undergoing Vital Block Audit.
🔷 Team
✨Sterling Finance's team consists of crypto natives building upon what Andre Cronje's created Solidity ecosystem.
✨The team intends to release a slightly modified version of Solidly on the Arbitrum network, with the goal of providing users with long-term value.
✨Sterling Finance's team consists of crypto natives building upon what Andre Cronje's created Solidity ecosystem.
✨The team intends to release a slightly modified version of Solidly on the Arbitrum network, with the goal of providing users with long-term value.
🔷 Partnership
Sterling Finance is partnered with many top protocols on Arbitrum network. The list of of partners includes
@GMDprotocol
@TarotFinance
@LiquidDriver
@YieldfarmingI
@TheLayer2DAO
@dyson_money
@AngleProtocol
@overnight_fi
@FinanceFirebird
@fBombOpera
Sterling Finance is partnered with many top protocols on Arbitrum network. The list of of partners includes
@GMDprotocol
@TarotFinance
@LiquidDriver
@YieldfarmingI
@TheLayer2DAO
@dyson_money
@AngleProtocol
@overnight_fi
@FinanceFirebird
@fBombOpera
🔷 Conclusion
Sterling Finance's unique ve(3,3) model gives them edge over other DEX built on Arbitrum & as a Solidly fork it's a project worth looking into. Don't miss out this Gem, now is the perfect time to get a bag of $STR and watch it grow as the protocol gains more users.
Sterling Finance's unique ve(3,3) model gives them edge over other DEX built on Arbitrum & as a Solidly fork it's a project worth looking into. Don't miss out this Gem, now is the perfect time to get a bag of $STR and watch it grow as the protocol gains more users.
🔷Social media and website links
🎗️Website - sterling.finance
🎗️Twitter - @Sterling_Fi
🎗️Medium - medium.com/@sterlingfinan…
🎗️Discord - discord.gg/x5XVzBU8Ub
🎗️Crew3 quest - crew3.xyz/c/sterlingfina…
🎗️Dexscreener - dexscreener.com/arbitrum/0xb30…
$STR #Arbinauts #Arbitrum
🎗️Website - sterling.finance
🎗️Twitter - @Sterling_Fi
🎗️Medium - medium.com/@sterlingfinan…
🎗️Discord - discord.gg/x5XVzBU8Ub
🎗️Crew3 quest - crew3.xyz/c/sterlingfina…
🎗️Dexscreener - dexscreener.com/arbitrum/0xb30…
$STR #Arbinauts #Arbitrum
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