$CHOP is live on Robinhood Chain.
Volatility farming is here.
Earn yield from choppy markets, on any asset.
https://t.co/6yoD3IFX5P
CA: 0x100765a16f42636bd84ee1e86bc5107b84bcdba3
CHOP is live. Now the ecosystem expands.
We’re working with ecosystem teams to bring the first partner Logs to Robinhood Chain.
Each new Log adds:
• a backed chToken
• a new venue for wrapping, trading and farming
• another source of fee generating activity for the protocol
More quality assets. More active markets. More volatility put to work.
Partner Logs are loading. 🪓🪵
$CHOP is live on Robinhood Chain.
Volatility farming is here.
Earn yield from choppy markets, on any asset.
https://t.co/6yoD3IFX5P
CA: 0x100765a16f42636bd84ee1e86bc5107b84bcdba3
Wrap -> Farm -> Harvest. Start chopping logs.🪓🪵
It's a three step process to maximum yield!
Next week, single sided deposits.
Start wrapping and farming $CHOP now: https://t.co/sIFd3Wq9x5
We're seeing great initial traction on wrapping of $CHOP, with over 0,75% of our total supply wrapped into chCHOP within 24 hours. chCHOP increases in value due to 15% of fees being used to burn it, increasing underlying backing.
Tomorrow we'll be increasing this by wrapping 4% of the total supply from our treasury, taking it out of circulation $CHOP.
It's easy: https://t.co/ybIjKRrMSB -> press wrap.
For optimal earning and getting 80% of the $CHOP fee distribution, deposit your chCHOP alongside WETH on the same page.
Expansions loading, chop chop.🪓🪵
While we work on onboarding our ecosystem partners into logs, the chop team is ready to ship a new feature next week to make onboarding even easier, single-sided deposits!
Bring one asset, deposit, get the LP for both.
You can just wrap CHOP too, no need to deposit WETH to be a part of it. The verification process is so we can check logs from teams before they go on there as we don't want spam logs. Depositing CHOP/WETH will generate a higher APY once the log gets bigger and we're currently working on that.
Chop earns fees on every log, every chart movement and every trade. It's built for volatile markets like Robinhood Chain.
All fees drive demand for $CHOP and pay farmers, creating a flywheel that benefits TVL, burns $CHOP and continuously increases product APY.
https://t.co/pB86OFyQVs
The $CHOP kick-off X Spaces is today at 11am EST.
We’re going to be chopping up some brand new plans and releases!
At the end we will host a Q&A so all of you can learn about our protocol and how volatility farming works.
Many more spaces to come, keep chopping logs! 🪓🪵
The Chop Team is officially kicking off with an X Spaces on October 8th at 11am EST!
We'll be explaining our grand vision, treasury management tools and how all the fees power $CHOP buybacks and farmer rewards.
Be sure to join, we're dropping brand new plans!
https://t.co/8y6wyC4Mtc
@tatavaikes@bankrbot It's locked behind MFA and security measurements and will be used for product seeding and other ecosystem efforts. This was customized by @bankrbot and @0xDeployer for us so we can move fast with product adoption. More on this tomorrow during the X Spaces!
The Chop Team is officially kicking off with an X Spaces on October 8th at 11am EST!
We'll be explaining our grand vision, treasury management tools and how all the fees power $CHOP buybacks and farmer rewards.
Be sure to join, we're dropping brand new plans!
https://t.co/8y6wyC4Mtc