Building secure & decentralized freedom with a touch of magic 🧞
Home of:
- @protocol_fx - $FXN
- @0xC_Lever - $CLEV
- @0xconcentrator - $CTR
$ALD - Since 2021
TWO PROTOCOLS, ONE PATTERN
Today we discuss @fraxfinance and @protocol_fx.
Two independent DeFi protocols that Convex built on top of. Convex wrapped their ve-tokens to bring better yields to their LP holders.
That's the partnership. Let's break it down.
@protocol_fx booster program was here
before Kaito.
during Kaito.
And is still here after Kaito.
No harsh entry requirements, just create for @protocol_fx and get rewarded, it’s that simple actually.
Kudos to the @protocol_fx and @aladdindao team🔥🔥
Getting PAID to borrow 👀🔥
Sounds like a DeFi summer all over again? @merkl_xyz makes it possible with f(x) Protocol
Earn up to 10% APR in $FXN on your minted fxUSD
It's time to make your $BTC and $ETH productive, start borrowing on fxMINT now:
https://t.co/o3Bp7Uiysg
A daily reminder that there was no liquidation on f(x) Protocol.
This is what we do. Leverage with liquidation protection. And we're soon pushing it further with @FX100Perp
Save your billions, use f(x) and get the @LiqTerminator by your side.
The latest incentives from @VotiumProtocol and @StakeDAOHQ VM2 have been harvested ✅
🔒$CVX Locked: 3,800,312
🧑🌾 $CVX Harvested: 21,077
🏦 $CVX Deposited in the Furnace: 15,099
🔥clevCVX Burned Daily: 1,311
It is so amazing that @protocol_fx and @aladdindao have been able to create ways to reward the community throughout every market condition. Very proud to be part of the @aladdindao community!
Some Alpha? Here is an undervaluation on top of an undervaluation. Let’s dig in:
$FXN has c. 440k circulating supply at a token price of c. $28 implying a market capitalization of approximately $12m.
Aladdin DAO $ALD owns 30% of the total FXN supply and 30% of all future FXN emissions, resulting in no dilution of its ownership over time. At current prices, this FXN position alone is worth roughly $3.7m for ALD.
In addition to FXN exposure, the DAO owns 30% stakes in Concentrator worth c. $100k and Clever worth c. $200k.
ALD itself is valued at approximately $3.9m which is worth less than just their asset holdings of c. $4m.
The market has not yet priced in the structural value of owning a perpetual, non dilutive 30% stake in FXN at a c. $33m fully diluted valuation, nor the embedded optionality from continuous product launches where ALD retains the same ownership share. Further catalysts going forward: launch of @FX100Perp with value directly accruing towards ALD or indirectly through FXN (@pauls1 please jump in) and starting the revenue share towards ALD holders.
This represents in my opinion a clear value opportunity on top of a value opportunity. See my pinned FXN analysis.
Not financial advice
Tagging the community: @CryptoISFreedom@MetaCvx@rektdiomedes@Ikebillion_@crypto_linn@protocol_fx@aladdindao@kmets_
Season’s Greetings 🎄
We’re grateful to everyone who has supported and contributed over the past year.
Wishing you and your loved ones peace, joy, and warmth this holiday season.
Looking forward to building together in the year ahead.
@aladdindao has been building DeFi infrastructure since 2021. Three protocols, one ecosystem 🛠️
@0xconcentrator ($CTR): Auto-compound LP rewards
@0xC_Lever ($CLEV): Unlock future CVX yield
@protocol_fx ($FXN): Decentralized stablecoin (fxUSD) + up to 7x leverage
Each protocol was fair launched. No VC backing, no team allocations. Just community-first building since day one 💪
Same builder, three composable building blocks: Concentrator optimizes yields in the Curve ecosystem, CLever unlocks liquidity from locked positions, and f(x) expands into decentralized stables and leverage markets.
Next evolution: @FX100Perp launching on Base early 2026. Up to 100x non-liquidatable leverage on L2 ⚡
Explore 👉 https://t.co/vwzeT3OKlO