Ron🏦

[Ron🏦 @Ron43713953]

@benjamincowen Oh no, less then 1000 until ITC becomes a chess channel🙈😅

[Ron🏦 @Ron43713953]

@IvanOnTech Guess he meant BTC…😂

[Ron🏦 @Ron43713953]

@benjamincowen Thats exactly what he said!! 🤣👍

[Ron🏦 @Ron43713953]

@PARABOLIT GM!!!☀️😎🙌

[Cæsar 🏦 @PARABOLIT]

update

Our ETF infrstructure is our flagship product and we expect this to flow billions through @MalleableGold

Why?

Because it is the most optimised ETF infrastructure ever built

Everyone else who tried this made the same mistakes:

- The cost to arb was too high, we are keeping it as low as possible, total 0.08% on our side, and we are revenue sharing the mint/redeem fees
- there was no arb function on anyone else, and this for us is one of the MAIN THINGS that keeps underlying NAV pegged to the ETF

With the way we've set this up, our ETF will be tightly pegged to underlying NAV by 0.2% or less

We're playing the long game with this, instead of trying to extract the most on fees, its actually better to create the best product possible for the long term

We are going directly head to head with tradfi, except this product is genuinely superior to anything out there

mostly because we are thinking about the best product as opposed to max extraction

thats how i'm building for the long term, this will be around in 20 years, not just the next 6 months. I will gladly shave off personal monetary gains for this.

We're also building on a chain that can handle what we want. Solana is fast enough to arb trades to happen, it has the liquidity and it has the most volume of any chain. We need this.

We're also opening up the tech so anyone can make an ETF themselves, with any combination of coins and ratios.

Funds may prefer different ratios than what we have, so they are free to make these as they wish.

Anyone can make one to how they think is best

This product opens up superior yield to SPL tokens that do not have lending yield, and only have yield on LP's

Because we revenue share in proportion to your LP size, yield generated will ALWAYS be more superior to anywhere else, you own the protocol, and you may ONLY get yield on your SPL token through this

This will be a massive step forward in putting your assets to work, and they won't have any risks that lending has. No liquidation risk, no risk of getting wiped out.

You are always liquid, you get paid in the underlying assets, there are no emissions, there are no scammy incentives, its pure yield through market volatility

and the market has never seen anything like this

Real EFT's are now on @solana, fully backed and collaterized, with full transparency of being 100% on chain

Getting very close to public testing, we will be going live soon

and when we do...

Watch this drive 🏌️‍♂️

[Ron🏦 @Ron43713953]

@IvanOnTech 😅

[Ron🏦 @Ron43713953]

@PARABOLIT @MalleableGold 🔥 🐴 💪

[Ron🏦 @Ron43713953]

@PARABOLIT 💪😀

[Cæsar 🏦 @PARABOLIT]

For those of you who like the nerdy autistic finance shit

I’ll explain abit of my thought process in this design

You’ll find it interesting if finance is your thing

This is a yield capture model through market volatility

As far as I know it’s never been done like this before, it’s novel and I created it

We have created an on chain ETF $BES - weighted 40/30/30 with $BTC, $ETH and $SOL, fully collaterised

We produce a base revenue with protocol fees from mint/redeem function, which will primarily be driven by arbitrage trades keeping the ETF pegged to underlying NAV

Great

You supply $BES into a LP pool and capture fees there

We are seriously considering protocol revenue share with $BES holders to boost APR

We are aiming for 3-4% APR, just depends on volatility, could be higher, could be lower

Revenue share boosts APR which makes it much more attractive to big capital and essentially boot straps liquidity

There’s also less risk than lending, you always hold the underlying, no liquidation risks,no contagion etc

It’s yield on volatility

This design will flow billions of dollars through the protocol and will be the best yield generator in crypto

And yes a portion of protocol revenue will be buying back @MalleableGold

This will likely be the first protocol that fairly launched a coin from zero, created and launched a revenue generating and superior yield generating product from zero capital raised

Market cap of @MalleableGold is like $100k right now lmao

We going to see but watch how this plays out

Especially when we add even more volatile ETF’s together, including decorrelated assets across equities now that @solana has tokenized everything

[Ron🏦 @Ron43713953]

@NewsAsset @ctoLarsson 😅

[Ron🏦 @Ron43713953]

@TylerSCrypto Good choice 👍

[Ron🏦 @Ron43713953]

@MalleableGold 👍

[Ron🏦 @Ron43713953]

@benjamincowen 😅👍

[Ron🏦 @Ron43713953]

@PARABOLIT This!☝️

[Ron🏦 @Ron43713953]

@PARABOLIT Exactly!

[Ron🏦 @Ron43713953]

@PARABOLIT It’s best never to participate in news and drama and focus on yourself…imo

[Ron🏦 @Ron43713953]

@PARABOLIT GM!☀️

[Ron🏦 @Ron43713953]

@TylerSCrypto @PaulMartucci2 🤣

[Ron🏦 @Ron43713953]

@PARABOLIT 😅

[Ron🏦 @Ron43713953]

@jasonpizzino @benjamincowen 😂