Did you know that the yield stripping model popularized by Pendle was originally introduced by Element Finance? Recently, Element has come back with a new, elegant design, @delv_tech and I noticed no one has really covered it in depthโso here we go! ๐งต
Big moves happening at @movementlabsxyz and @movementfdn! ๐
Just a day after announcing tokenomics, the registration for airdrop qualifications is now LIVE. ๐ช
If you've been activeโcompleting tasks, earning roles, or deploying contractsโmake sure you secure your spot for the airdrop. Donโt miss out!
๐ Register here: https://t.co/3fctvnSGmE
๐ Full details: https://t.co/liPZ3KI8HS
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๐ Excited to share insights about $MOVE by @movementlabsxyz! ๐ฅ
A project I'm closely following, built for lightning-fast finality and top-tier security.
Key Highlights:
๐น Total Supply: 10B $MOVE, with 22.5% already in circulation!
๐น Token Allocation: 40% Community, 10% Launch, 10% Foundation, 17.5% Contributors, 22.5% Backers.
๐น The first Move blockchain on Ethereum, ensuring robust security & instant finality!
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๐ Movement: Next Steps Coming Soon!
โ The Parthenon Testnet has officially concluded, and Movement is gearing up to share exciting updates very soon.
With the TGE just around the corner, we canโt wait to hear some official news on it. Stay tuned! ๐
#gmove#movement
I can't think of a specific project off the top of my head, but I think it would be good to have a formal partnership and co-marketing with that yield source project, because usually when people are looking to deposit into a yield source or already holding an yield bearing token, they don't look around to see what other use cases on top of yield bearing asset are there in the market, so it would be good to have a formal partnership with that yield source project so that you can absorb the user base that already has an acceptance of that yield source.
And it's getting more evident that there's also a first mover advantage in partnerships, because the use case of leveraging a certain yield source, or doing it at a fixed rate, is usually used by the first one to list it, even if there are others that follow. So I guess you should be watching the market diligently and looking for use cases that aren't being utilized yet as a fixed rate but is a great fit and grab a partnership.
9/ Pendle has an AMM where you can trade PT and YT, so you donโt have to wait until maturity to realize your profits or cut your losses. You can sell your position at any time, depending on the market price for PTs or YTs.
Did you know that the yield stripping model popularized by Pendle was originally introduced by Element Finance? Recently, Element has come back with a new, elegant design, @delv_tech and I noticed no one has really covered it in depthโso here we go! ๐งต