MAX LONG Profile picture
May 31, 2023 12 tweets 9 min read Read on X
the People want more Decentralized Stables n a new contender has entered the #LSDFi wars

@raft_fi is a Decentralized borrowing & stETH-backed stablecoin that offers leverage + no fees

if u faded Lybra heres your redemption arc

$R u ready 🧵👇 Image
1/ @raft_fi is a protocol that lets you generate its native stablecoin $R against $stETH collateral

an immutable and decentralized lending protocol where users can take out loans against their $stETH collateral Image
2/ what makes this special is that $R is the first Ethereum USD stablecoin solely backed by stETH. $

R provides the most capital-efficient way to borrow by having no fees n a low IQ friendly platform with deep liquidity across many trading pairs and a stable peg Image
3/ $R is hardpegged to the price floor of 1USD and it is designed to always retain a value of 1USD

each Eth wallet needs to open a new Position Only one Position is allowed per Wallet

Within each Position wrapped stETH (wstETH) needs to be deposited as collateral to borrow $R
4/ borrowing design here is where u can expect to see most people flock towards

other platforms require anywhere from 150% to 200% collateralization where @raft_fi only requires 110% meaning u can get more than 10x potential leverage

based Image
5/ theres 3 methods when $R gets burned

Repayment: Borrower repays own borrowed tokens and gets wstETH back

Redemption: token holder redeems for wstETH in return

Liquidation: Liquidator pays off Borrower's debt and gets collateralized wstETH + Liquidation Reward in return
6/ best products in DeFi dont always win but the best UX usually does

@raft_fi has both

theyve created a very degen friendly user interface that lets users do everything in a single click

-Deposit $stETH
-select your leverage multiplier
-click execute

boom finished Image
7/ will I get Liquidated Max?

relax frend

liquidation reward compensates liquidators for the risk involved, Its a dynamic percentage of the excess collateral based on the total debt. Image
8/ Aave and Maker are currently dominating market share but are difficult to use n can be expensive

As borrowing fees of $ETH increase more capital will flow to Raft as the cheapest, simplest, and most efficient to leverage your stETH
9/ how do users benefit from Rafts success?

Leveraging up on $stETH generates swap fees for $RLPs, which increases APR in these pools, which in turn increases TVL in @raft_fi

Leveraging n deleveraging transactions will create huge volumes in $R pools for LPs
10/ all this innovation is scheduled to launch early June so prepare yourselves as theres a good chance this protocol takes the game by storm Image

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More from @MaxLongCEO

Dec 4, 2023
Sources Say @berachain is now Realer than Ever

GC n Max Long have handpicked our most anticipated dApps for u to start with

Bookmark n Lets Ooga (booga) 🧵👇 Image
1/ @buildabera venture studio n accelerator for @berachain .. good account to see who they follow as they will be incubating eco projects Image
2/ @Bera_Land will be ur community hub for all things bera including news n announcements

Read 13 tweets
Oct 10, 2023
Max Long New Project Research List

weekly round up of Protocols beginning to attract attention

Bookmark n Lets Ride 🧵👇 Image
1/ @JuicyPerp is a Gamified NFTFi protocol launching soon on Arbitrum
2/ @toupeetech coordinating ecosystem incentives on #BASE .. great combination of meme marketing n good tokenomics on a bullish chain

Read 7 tweets
Jun 2, 2023
there arent many sectors im more Bullish on than NFT-Fi however there hasnt been a project to come along lately to get me excited again

that changed with @Protectoratexyz who plans to become the Definitive Liquidity Layer for NFTs built by the chads @Proteccxyz

dive in 🧵👇 Image
1/ @Protectoratexyz is designed to generate deep, sustainable liquidity for NFTs

It focuses on addressing fragmented liquidity so it can simplify the experience for creators, collectors, and protocols

as a NFT Trader u know how massive an issue this is
2/ the Protocol works by deploying assets it receives into high-yielding strategies across NFTFi products

$PRTC is the native token which will allow holders to share revenue as well as enables future governance Image
Read 9 tweets
May 22, 2023
MaxLongMondays returns with my Most anticipated project

those who follow know im a Maxi when it comes to ve3,3 DEXs so what if there was a DeFi protocol at the $ROOT of them all?

@Root_Genesis plans to develop the first OmniChain ve(3,3) governance aggregation flywheel

🧵👇 Image
1/ $ROOT creates a DeFi Operating System which will connect financial products and services through an intuitive, familiar, and easy-to-use framework for a unified user experience

a one stop shop to bring the best defi products to the broadest user base Image
2/ the main issue we face with DeFi adoption is the fact theres 400M wallets that have purchased Crypto but less than a million interact with DeFi

why? because shit is still too difficult n requires an expansive knowledge of multiple chains Image
Read 13 tweets
May 18, 2023
Wake Up Soldiers its LSDFi season

as u know ur brother Max only writes threads on projects le CT influenzas havent discovered yet n today we spotlight a very bullish protocol

@LybraFinanceLSD is an interest-bearing omnichain stablecoin backed by LSD with an ~8% base APY

🧵👇 Image
1/ $LBR is developing the next generation of Omnichain LSD-based stablecoins

being at the intersection of 2 very hot narratives (LSDFi + omnichain) its only a matter of when not if this token catches a bid Image
2/ @LybraFinanceLSD is only a 3 week old protocol n has already begun to eat a substantial amount of the sectors TVL

Max token supply is only 100M with a little less than 7M currently in circulation Image
Read 17 tweets
Apr 30, 2023
when Max Long does a thread u know its for le biggest of occasions

$SUI mainnet launches this Wednesday n this is an all you need to know Thread on my favorite projects to play

Prepare for the #Suinami to take over GameFi

🧵1/👇 Image
2/ @Outcasts_NFT

really dope brand created to leverage the power of community ..theyve already created @suibetio n has a great chance of being the bluechip go to PFP for $SUI.. really cool art from what ive seen Image
3/ @playBushi

1 of the things im most bullish on $SUI is the GameFi potential I see playing out over here n @playBushi with the partnership of @Mysten_Labs is my pick to be top dog check out this sick preview

Read 11 tweets

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