Preon Finance (🌟,👨‍🚀)

Preon is a decentralized omnichain 0% interest CDP protocol, allowing users to borrow against their portfolio. By @SphereDefi.

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

Exciting News, Preonauts: Preon V2 is LIVE! 🎉

We're pleased to announce the launch of Preon V2 🌟

This launch is a major evolution in our protocol, which brings:

➡️ Powerful new features
➡️ Utility and governance tokens
➡️ Exciting opportunities

And more!

Let’s get into it ⬇️

🌟 What's New in Preon V2?

1️⃣ Introducing $PREON: Our new ERC-20 utility token gives users a variety of new use cases. Lock $PREON to receive $vePREON and gain governance power while earning a share of protocol revenues.

2️⃣ $oPREON Options: Earn these unique option call tokens by depositing $STAR in our Stability Pool. Redeem them for discounted $PREON or zap directly into $vePREON for higher yields.

We're partnering with @tokanexchange and @Essence_Fi to launch our first $PREON LP 🌟

3️⃣ Stability Pool: Strengthen $STAR's stability while earning attractive rewards in $oPREON, the Stability Pool's emissions token. With $oPREON, you have a variety of possibilities.

4️⃣ Omnichain Capabilities: Powered by @LayerZero_Labs integration, $PREON and $STAR are both omnichain fungible tokens. Easily access yield opportunities across multiple chains.

$PREON will initially be available on @tokanexchange on @Scroll_ZKP 📜

We're starting the LP with over $100K in incentives, and this is only the beginning! ⬇️

🤝 Community-Driven Development

Preon V2 is the result of invaluable feedback and insights from our amazing community.

Your voice has been heard, and this update reflects our commitment to building a protocol that truly serves your needs.

🛡️ Security First

As always, security remains our top priority.

Preon V2 has undergone rigorous new audits with @peckshield and @nethermind, and testing to ensure the safety of your assets.

🚀 What's Next?

This is just the beginning.

We have exciting new developments ahead, filled with more opportunities, including more collateral options.

Stay tuned for regular updates and new features.

🎓 Learn & Engage

We've prepared comprehensive guides and documentation to help you navigate Preon V2.

Visit our website and join our Discord for in-depth information and to connect with our team and members of the community (links below).

Thank you for being part of this journey, Preonauts.

Together, we're shaping the future of CDPs! 👩‍🚀

Let's reach for the $STARs, together! 🌟

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

@jt_squared2 Thank you! We fixed it and now it works again!

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

https://t.co/My5TLjbe4t

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

Maximize your DeFi earnings with Preon!

Deposit your $STAR & $PREON in various liquidity pools on your DEX of choice, or deposit into the Stability Pool for liquidation rewards.

Zero-interest borrowing, optimized yield 🔥

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

Gm, let's go over this week's APR update for the $PREON & $STAR LPs. Check out the yields down below.⤵️

The $PREON - $STAR LP on @ThrusterFi is earning over 246% APR, plus you can earn more by staking on @hyperlockfi.

For @FenixFinance, the $PREON - $STAR and $STAR - $USDB LPs are earning an APR of 575% and 68%!

The @AerodromeFi $USDC - $STAR CLP is earning over 33% APR.

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

@lifiprotocol Exactly what we were waiting for 😉

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

Congratulations team!

[LI.FI @lifiprotocol]

Today, we’re announcing our vision for LIFI 2.0

We see @lifiprotocol as core infrastructure that solves crypto’s deepest liquidity problems – at scale, across chains.

LIFI 2.0 combines aggregation with an intents protocol and native support for any interop token standard.

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

It's epoch flip day, check out the incentives for $PREON & $STAR down below⤵️

On @ThrusterFi we bribed the $PREON - $STAR LP with $1,631.

Next on our list, the @FenixFinance $PREON - $STAR LP was bribed with $238.

Last but not least, the treasury's @AerodromeFi veNFT will be used to vote on the $USDC - $STAR CLP!

Stay tuned for next week.🔥

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

https://t.co/My5TLjbe4t

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

💰 Your assets should work for you.

Deposit your $STAR & $PREON in one of our many liquidity pools on your favorite DEX, earning high APYs while supporting Preon’s growing DeFi ecosystem.

No hidden fees, just optimized rewards 🌟

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

https://t.co/My5TLjbe4t

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

Worried about liquidations?

One price dip and your collateral could disappear.

But Preon's Stability Pool absorbs liquidations, letting depositors earn discounted collateral instead of suffering losses.

Discover a smarter, fairer DeFi model 👇

[Sphere Finance (🔮,💜) @SphereDeFi]

Hey Sphereans! We hope you're enjoying the weekend 🍹

ICYMI, here's your weekly roundup of everything from the Sphere ecosystem ⬇️

(Bookmark this) 🧵

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

https://t.co/6Omn2wZwcG

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

What if liquidations weren’t a total loss? 🤔

At Preon, when a Nebula Vault is liquidated, the Stability Pool absorbs the collateral, distributing it to depositors at a discount.

Talk about turning risk into opportunity!

Stay protected & get rewarded ⬇️

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

For users with positions in the stMATIC Vaults 🚨

In alignment with Aave's transitions, the stMATIC vault is deprecating in order to maintain capital efficiency and sustainability.

As liquidity transitions from stMATIC, we are aligning our vaults with Preon’s dynamic long-term vision.

We invite users to withdraw their assets from this vaults ahead of the full transition.

At this time we will also be deprecating the $MATICX / $wPOL treasury vault.

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

Hey Preonauts, check out this week's APR LP update for $PREON and $STAR.

On @FenixFinance, we have the $PREON - $STAR LP earning 799% APR and the $STAR - $USDB LP earning 33% APR.

On @AerodromeFi, the $USDC - $STAR CLP is earning 41.21% APR.

Last but not least, the @ThrusterFi $PREON - $STAR LP is earning 54.59% APR with the option to earn more on @hyperlockfi

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

Gm Preonauts, check out the incentives for the $PREON and $STAR LPs down below!

For the $PREON - $STAR LP on @FenixFinance, we bribed $341.

On @ThrusterFi, we bribed $1,524 on the $PREON - $STAR LP.

For the $USDC - $STAR CLP on @AerodromeFi, we have voted with the treasury's veNFT.

That's all for this epoch.

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

This post is part of a longer release.

Want to learn more about the topic?

Click here 👇
https://t.co/6Omn2wZwcG

[Preon Finance (🌟,👨‍🚀) @PreonFinance]

⚠️ What happens if the Stability Pool runs out of $STAR?

Instead of chaos, Preon redistributes liquidated collateral and debt to active Nebula Vaults based on their LTV.

This ensures the system stays solvent while keeping liquidations fair and decentralized.

This is DeFi built to last 🦾