This project can therefore be an opportunity to interact with @zksync if you haven't done it yet.
2/
What is Mayfair?
Mayfair is a DAO that governs a set of tokenized investment funds and leverages to them, bringing a new class of investment products to the DeFi ecosystem.
Yes the equivalent of ETF in TradFi → DTF (DEX Traded Funds)
3/
DTFs track the performance of a portfolio composed of chosen assets.
The portfolio is a Smart Index Pool and is rebalanced by arbitrageurs just like any liquidity pool.
So you can directly invest in various narratives and sectors like DeFi Bluechips, AI, meme-coins, ...
4/
Mayfair uses these DTFs to implement strategies to generate returns and thus maximize value for DTF holders.
Holders will have nothing to do, underlying tokens are put to use by Myfair in safe and profitable protocols like @GMX_IO
5/
Mayfair's integrated Perp Dex enables you to open long/short positions with high leverage on DTFs!
It simply means that it’s the first time you'll be able to leverage narratives and sectors.
You can for example short the #memecoin DFT if I think it will go away.
6/
Leverage is guaranteed by $mDTF.
$mDTF consists of an index of assets used for swaps and leverages trading.
It can be minted using any index asset and burnt to redeem any index asset. Exactly like $GLP!
7/
$mDTF holders are rewarded with :
- 70% of platform fees distributed in ETH
- $MAY emission
8/
$MAY is the governance token of the protocol, it will have a 3,000,000 token allocation.
The emission and distribution are well thought out → No cash funds for the team, 1-year vested tokens.
Tokenomics optimizes value for holders and avoids pump and dump.
9/
Additionally, Fees generated from buying DTFs will be used for buybacks $MAY ensuring continued value for holders! --> RealYield
Mayfair is funded by Array's Venture Fund. By participating to this IDO you are eligible to earn #airdrop of 2nd launch.
10/
🚀Laucnh detail🚀
IDO Date - 3rd May - 6 PM UTC for 4 hours. You have to stake $Array to get access
Location - array.capital/launchpad
IDO Price - $0.5
Launch Price - $0.6
Vesting: Linear over 10 weeks
11/
I will be participating in this launch for the following reasons:
- Real Yield project
- Innovative → You can speculate on narrative
- Good tokenomics
- Airdrop
- Launch on @zksync
This thread is not advice, I only present you a interesting project. DYOR before investing!
Running a Bitcoin node was one of the first things I did when I started with crypto!
The best choice I ever made!
Here's how I set up my Bitcoin node and the hardware I use 🧵🔽
You may wonder, why the fxck would I run a Bitcoin node?
Let me start by explaining the benefits and my viewpoint. Next, I'll show you:
• all my equipment
• how to run the node step-by-step
• the operations you can perform directly on your node
Running a Bitcoin node offers significant benefits, not just for the individual operator but also for the network:
• Enhanced Security and Privacy
• Contribution to Network Health and Decentralization
• No Counterparty Risk
• Learning and Education
• Testing Applications
Running nodes is the best strategy to go from 0 to $100K in less than a year!
But running nodes isn't just for tech whizzes, anyone can do it.
Here’s everything they don’t want you to know about nodes 🧵👇
First, bookmark this thread for later reference.
I know many people who started in crypto one or two years ago and have already made six figures just with nodes.
It’s a highly profitable area that few people use.
In this thread, I’ll share all the secrets about nodes!
◢ First, what is a node?
It’s a kind of computer that connects to a blockchain network, helping the network function properly by participating in creating and verifying blocks of transactions.
It maintains the security and transparency of the data.