We are extremely committed to grow our relationship with @HydrexFi as we believe it has a bright future in volume capture and market share on Base
For that, we are aiming to accumulate 1M veHYDX and build a substantial revenue acquisition position
We currently own 241k veHYDX
Here's our plan on how we aim to reach 1M
> Keep adding liquidity to our BLOCKTRONICS/USDC pool - 20k worth of liquidity is currently yielding us โ 12k veHYDX weekly
> Vote for our pool on a weekly basis and use the USDC part to buyback BLOCKTRONICS and use them as bribes for additional rewards
oHYDX rewards via voting are converted to veHYDX
> Release the HYDX LP profitability tool and use all proceed to buy HYDX and lock them
> Any future release in our continuous partnership will also act as a proxy for additional veHYDX
Based on mild projections, we forecast achieving our 1M goal by October this year and hopefully sooner
At 1M veHYDX, our monthly revenue just from this venue jumps to โ 1k USDC without factoring in any Hydrex fee growth
The tool is going through final testing before release
/1 I pulled the @o1_exchange community airdrop straight off the chain.
95% of the tokens claimed so far went to wallets that had never made a single transaction, and almost none of it has moved since.
Here's what the distribution looks like.
Hydrex launches "31 Days of RWAs" in July โ๏ธ
Daily partner highlights, product updates, and insights in the Base RWA ecosystem ๐ฆ
So much onchain activity, what do you think should be covered?
We challenge anyone to build a partnership like we have with @HydrexFi. Every single week we provide 100% APR+ to Metacaders in a horrible market knowing the sun will shine and LPers will ultimately benefit. ๐
Set sail with $USDC incentives on Base bluechips:
$cbETH / $WETH - 23.3%
$WETH / $USDC - 48.3%
$cbBTC / $USDC - 57.3%
LP your way and start earning today.