Read on Twitter
Introducing DraculaFi, an innovative ve(3,3) protocol built on #zkSyncEra that rewards users based on their locked tokens and duration.
Our unique Bribes Bond feature sets us apart from the competition. $FANG $veFANG
1/9 🧵
Our unique Bribes Bond feature sets us apart from the competition. $FANG $veFANG
1/9 🧵
2/9🧵
The Bribes Bond is designed to amplify user's veFANG holdings and voting power for gauge weight allocation, boosting the DraculaFi protocol's potential.
The Bribes Bond is designed to amplify user's veFANG holdings and voting power for gauge weight allocation, boosting the DraculaFi protocol's potential.
3/9🧵
Users can deposit $USDC into the Bribes Bond, receiving veFANG tokens at a 15% discount. This enhances user engagement and promotes increased participation in the ecosystem.
Users can deposit $USDC into the Bribes Bond, receiving veFANG tokens at a 15% discount. This enhances user engagement and promotes increased participation in the ecosystem.
4/9🧵
The Bribes Bond has a daily cap of 0.5% of FANG's circulating supply, ensuring a well-balanced and controlled rate of veFANG distribution, contributing to a stable environment.
The Bribes Bond has a daily cap of 0.5% of FANG's circulating supply, ensuring a well-balanced and controlled rate of veFANG distribution, contributing to a stable environment.
5/9🧵
Deposited $USDC is stored in the contract and distributed as additional bribes the following week, proportionally based on the previous week's voting percentages for each pool.
Deposited $USDC is stored in the contract and distributed as additional bribes the following week, proportionally based on the previous week's voting percentages for each pool.
6/9🧵
Compared to the average ve(3,3) protocol with a 1:500 bribes-to-market-cap ratio, DraculaFi can achieve a staggering 1:8750 ratio at maximum, significantly increasing the value proposition for users.
Compared to the average ve(3,3) protocol with a 1:500 bribes-to-market-cap ratio, DraculaFi can achieve a staggering 1:8750 ratio at maximum, significantly increasing the value proposition for users.
7/9🧵
This higher ratio leads to a continuous increase in APRs, creating an ongoing buy pressure for new veFANG holders, boosting the growth and adoption of DraculaFi.
This higher ratio leads to a continuous increase in APRs, creating an ongoing buy pressure for new veFANG holders, boosting the growth and adoption of DraculaFi.
8/9🧵
The unique Bribes Bond feature ensures minimal token inflation and fosters stability and sustained growth within the DraculaFi protocol, setting it apart from traditional ve(3,3) models.
The unique Bribes Bond feature ensures minimal token inflation and fosters stability and sustained growth within the DraculaFi protocol, setting it apart from traditional ve(3,3) models.
9/9🧵
Experience the power of DraculaFi's Bribes Bond feature and leverage the potential for enhanced rewards and growth in the evolving DeFi landscape.
Gitbook: dracula-1.gitbook.io/draculafi
DIscord: discord.gg/9eksprJ4
Experience the power of DraculaFi's Bribes Bond feature and leverage the potential for enhanced rewards and growth in the evolving DeFi landscape.
Gitbook: dracula-1.gitbook.io/draculafi
DIscord: discord.gg/9eksprJ4
• • •
Missing some Tweet in this thread? You can try to
force a refresh
