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Apr 19 9 tweets 7 min read Twitter logo Read on Twitter
How to attract $29M TVL just in 3 months for #DeFi protocol?

GEM.

Success keys @JonesDAO_io did do to show up this masterpiece: FOMO, Hyped Chain, Transparency, Tech Stak, and Vaults, as a game changers.

Im farming there also - 41,72% APY in GLP vault.

Let's break it down🧵 Image
1/ FOMO.

Everyone knows what it is, especially how it feels 🤣

What @JonesDAO_io does truly great is limiting max TVL accessible for each vault.

So, you're basically observing how fast your opportunities run away. It helps create a LIVE FOMO marketing trigger. Image
2/ Hyped Chain.

Timing means almost everything in crypto.

Folks have been creative enough to create the first #Arbitrum GLP 3X leverage vault.

Delivering in-time, needed products in the right shape is a puzzle.

Seems Jones decoded it with a 19th-place $ARB ranking. Image
3/ Transparency.

I told ya guys about the importance of being transparent, understanding, and specific when it comes to the DeFi project.

Where did 42% of APY come from?

USDC deposits are leveraging Delta GLP vault, yields for lenders going from 3X GLP farming.

Super straight Image
4/ Yield Bearing Token.

All deposits are converted into jGLP (for this vault), meaning that you're capital will be represented in @JonesDAO_io yield-bearing tokens, which will increase in price towards underlying assets into vaults.

Simplicity, clarity. Bravo, logic is cool! Image
5/ GLP AKA pseudo-stables brought to you by @GMX_IO

Why vaults with these tokens are great?

Because GLP is backed by 54% of stables and 46% of volatile assets, including #BTC and #Eth.

- Bearish scenario: stables soften the fall
- Bullish scenario: volatile assets drive it up Image
6/ One more BANGER > Metavaults.

Metavaults allow users to provide liquidity while also automatically hedging or slightly levering price action on underlying tokens.

In the Bull Metavault it's used to purchase calls.
In the Bear Metavault it's used to purchase puts. Image
Final word.

I think so far @JonesDAO_io did an amazing job in terms of mixing DeFi tools to bring tasty %APYs for users.

As I said, some portion of my portfolio is allocated there.

Some marketing empowering and #ToTheMoon

3X in 3m. Image
That's a wrap🫡

Let's see what the community of @JonesDAO_io thinks about it!

And the opinion of the leading DeFi experts would be needed @TheDeFISaint @SherifDefi @DeFi_Dad @DefiIgnas @ViktorDefi @defipulse

See ya at the top🤘

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