Thread by @Analytic_DeFi

Have you ever come across an innovative project that pushes the boundaries of the blockchain world?

Look no further! Today, let's dive into the captivating world of @0xbath and explore the remarkable rise of their native cryptocurrency, $BATH. 🛀⚡🚀

Bathtub, a DeFi protocol on the Arbitrum network, is a brand new addition to the growing list of innovative DeFi solutions.

Aiming to offer novel ways of generating yield and build a sustainable protocol treasury that benefits it’s community.💼💱

Their goal is to incentivise liquidity to the top players in the Arbitrum ecosystem and pull liquidity from mainnet and other ecosystems into Arbitrum.⚡🔥

They do this not only by insentivising user to farm LP for $BATH, but also to receive real yield in the form of ARB.

The team at @0xbath has developed a unique protocol that combines the power of automated market makers (AMMs) with innovative yield generation strategies.

This protocol is designed to provide users with high-yield opportunities while maintaining liquidity.🔺️🔅

But what makes @0xbath truly unique is its refreshing approach to tokenomics.

The team behind the project has ingeniously designed $BATH to incorporate elements of utility, scarcity, and community-driven governance, making it a truly exceptional cryptocurrency. 💧💎

Tokenomics

Ticker: $BATH
Maximum  Supply: 100,000,000 BATH

A look at the allocations

Emissions - 72.5%
Presale  - 10%
Team - 10%
Starting LP - 2.5%
Airdrops & Marketing - 5%

At the heart of @0xbath's ecosystem is their native token, $BATH. 🛀💰 $BATH is an ERC-20 token that serves multiple purposes within the platform.

Holders of $BATH enjoy various benefits, including staking rewards, governance rights, and access to exclusive features.

@0xbath is a trailblazing decentralized finance (DeFi) platform that aims to revolutionize the way we interact with cryptocurrencies and blockchain technology.

By leveraging the power of smart contracts on the Ethereum network, they are making waves in the DeFi ecosystem. 💡🔆

The first step in participating in Bathtub involves providing liquidity on the Arbitrum network.

In DeFi, providing liquidity typically involves depositing funds into a liquidity pool, which are then used to facilitate trades and transactions on the network.

In return for providing liquidity, users are usually rewarded with tokens native to the DeFi protocol.⚠️

In the case of Bathtub, users who provide liquidity are rewarded with the protocol’s native token, $BATH.

This reward mechanism incentivizes....

users to deposit funds into the protocol, facilitating its operations and enabling it to generate revenue.🔃

Most of the incentivized pools will be hosted on Camelot which is the main DEX on Arbitrum and the one we’ve decided to support with our incentives.

One of the most exciting features of $BATH is its use in liquidity mining. Users can provide liquidity to the platform's pools and earn $BATH as a reward.

This incentivizes users to contribute to the liquidity pool, which helps maintain a healthy and liquid marketplace.🚀🌐

Staking $BATH is another way to maximize your earnings.

Once users have earned $BATH tokens, they can then stake these tokens to earn yield in the form of ARB tokens.

This is a common feature in DeFi known as yield farming or liquidity mining.

By staking their tokens, users transfer their funds to the staking contract, supporting the stability and liquidity of the protocol.

In return, they receive yield in the form of additional tokens.💴🪙

Governance is an essential aspect of decentralized projects, and @0xbath recognizes its significance.

With $BATH, holders have the power to participate in the decision-making process.

This ensures that the community's voice is heard and shapes the future of the platform.💧🌍

@0xbath's team is committed to innovation and continuously improving their protocol.

They actively seek feedback from the community and implement upgrades to enhance user experience and security.

This dedication to excellence sets @0xbath apart from other DeFi projects.🌊💰

Security is of utmost importance to @0xbath, and they have implemented robust measures to protect user funds.

Their smart contracts undergo rigorous audits by reputable firms to ensure the safety and integrity of the platform.🔒🤝

The @0xbath team also understands the importance of building partnerships to foster growth and adoption.

They actively collaborate with other projects in the DeFi space, creating synergies and expanding the utility of $BATH across different platforms.🗳️🤝

In summary, @0xbath is a game-changer in the world of DeFi.

With their innovative protocol, $BATH token, and commitment to security and community governance, they are paving the way for a decentralized financial future.

Keep an eye on @0xbath and $BATH as they continue to make waves! 🌊💧

All social links

Website: Oxbath.com
Discord: discord.gg/aGRj7auTw6
Twitter: twitter.com/0xbath?t=jNW0f…

Presale details:

When: 25th May
Where: Pinksale
Soft cap: 20 ETH
Hard cap: 100 ETH

Max supply: 100,000,000 $BATH
$BATH Presale tokens: 10,000,000 BATH (10%)

Whitelisted participants also qualify for an airdrop.

For more details👇👇

https://twitter.com/0xbath/status/1658017558971273216?t=40hsDyqX4q4uHgpFYc0lSA&s=19

How to get Whitelisted (WL) apropo the upcoming Presale:
👇🏻
givelab.com/0xbath/bathtub…

Increasing the number of invited friends improves your likelihood of being granted the WL

Bathtub is an exciting addition to the DeFi landscape, leveraging the unique features of the ARB network to offer users various ways to earn rewards & generate yield.

They aim to create a long-term project that will pay $BATH stakers a....

recurring and stable income by the second.🚀💎

#0xbath #BATH #DeFi #cryptocurrency #blockchain #innovation #tokenomics #DAO #staking #scarcity #governance #adoption #futurefinance

@VanessaDefi + @0xbath

Frens you should follow for more informative tweets like this:

@IrishSmilez
@Oluwateniolax
@SaprroJnr
@Cryptoniac_guru
@Fembros1
@DefiPlayGirl
@VanessaDefi
@TheEwansEffect
@ernestxavier_
@defiprincess_