Get an exclusive inside look into the mind of the Tokenomics Expert of @ProteoDefi!🕵️
We sat down with him this Wednesday and discussed how they are enhancing the #DeFi landscape on @MultiversX.
Here are the top 3 key takeaways from our conversation 🧵 #MultiversX
@ProteoDefi@MultiversX Q: Based on your experience so far, how effective can Proteo Flash Offers system be once deployed in preventing hyperinflation and maintaining the PROTEO #token's stability? Are there any specific metrics or indicators that you monitor to gauge the effectiveness of this system?
PROTEO Flash Offers will be published every day, and the size of the offer and the bonus that you will get from the offer, both of them will depend on the current price of our native token… twitter.com/i/web/status/1…
@ProteoDefi@MultiversX@OlympusDAO Q: Can you share more about the process of establishing and maintaining partnerships with other projects and tokens within the DeFi #ecosystem? What criteria do you prioritize when evaluating potential partners, and how do these partnerships benefit Proteo DeFi users?
@ProteoDefi@MultiversX@OlympusDAO A: When establishing partnerships within the ecosystem, we diligently assess each potential project. Our evaluation process involves engaging with their teams, understanding the concept they are developing, and analyzing their objectives.
@ProteoDefi@MultiversX@OlympusDAO Q: Proteo Elite is designed to be an exclusive #membership program within the Proteo DeFi ecosystem. How do you ensure that these exclusive benefits remain attractive and compelling to users as the platform continues to evolve and grow?
@ProteoDefi@MultiversX@OlympusDAO A: The exclusivity of Proteo Elite primarily stems from the initial capital requirement for entry, currently at $1,000 based on current market prices.
While this may present a significant barrier, it is crucial to ensure exclusive opportunities for our most dedicated community… twitter.com/i/web/status/1…
As we all know the bread and butter of the blockchain space are smart contracts.
Though moving beyond traditional transaction management, let's delve into niche applications and the transformative potential of this tech across various industries.🧵 #MultiversX#EntityFinance
1/ But first, a quick look into the past: Conceptualized in 1994 by Nick Szabo, smart contracts had to wait for the arrival of #blockchain technology to be viably implemented in economic systems. They're now a game-changer for decentralized P2P economies.
2/ Fast forward to today, smart contracts have evolved beyond their initial #applications, permeating various industries and enabling novel use cases:
Q: Some NFT projects just seem to storm onto the scene and capture a significant share of the attention within the NFT ecosystem. In your opinion, what are the factors that contribute to the success of these projects and enable them to quickly build large and engaged communities?
A: First you have to have a very detailed and thorough plan of attack, also the core team has to be made up of a set of high-performing individuals who can execute at a high level in their field of expertise, and all members have to push towards the same direction in unison.
1/ Other DeFi projects launching through the Entity Launchpad will get the benefit of instant listings on DX25, and also will take advantage of the advanced liquidity options that are highly efficient, bringing more rewards to LPs and allowing price formation in illiquid markets.
2/ In addition to one-sided liquidity provision, concentrated and full-range liquidity, DX25 will also enhance MultiversX DeFi with a range of powerful features such as on-chain derivatives.
At Entity, we are excited to leverage this partnership for the benefit of the community.
Q: What is the process for listing #tokens on AshSwap (V2 Pools)? Is it going to be fully permissionless? If not what are the criteria for listing?
A: We would love to make it fully permissionless but at the beginning it will be better for projects to contact @ash_swap for the listing procedure, and in time this responsibility will be passed down to the #DAO.
As the Battle of Launches gears up for an intense week ahead, we extend our gratitude to the supporters who are propelling the testing of the forthcoming major Launchpad on the #MultiversX ecosystem.
Let us delve into the pioneers who are helping us drive innovation forward🧵
This cutting-edge #staking provider has been building advanced cloud infrastructure since 2005.
Offering high-quality and secure services at reduced costs takes a bit more effort and investment than simply just spinning up services in a public cloud.