Hi Steady Lad(y)s!
We’re very excited to share the launch of our Alpha version and we’re looking for a small group of testers (100 max) to help us out.
More details on how to become an Alpha Tester are revealed now in our Discord, so please join up!
👉 https://t.co/XCRUbgn49k
Steadefi's promises:
🫰 Advanced #yield opportunities with predictable returns
👨👨👧👧 A #DeFi community centered on high yield & risk management
🤝 Expansive network of partnerships with reputable protocols
❤️🔥 Features & #strategy paths for every investor class
Discord and alpha test sign up are launching in the next 48 hours!
Give us a follow if you'd like to join our #realyield crew...
(limited to 100 wallet addresses and yes, there will be perks and bonuses galore😄)
#AVAX#Avalanche
This market experience served as a catalyst for the core idea of our protocol: offering institutional-level #riskmanagement and automation for individual DeFi users, while providing them with something they had not found over the previous two years—predictable real yields.
18/20
Yield Shortcomings (3): Mismatch of risk vs reward
Conservative lenders looking for safe (albeit slightly lower) yields on an asset may suffer exposure to the risks involved with highly-leveraged borrowing.
15/20
Why do Leveraged Yield Farms end up costing you money?
Two central questions:
(1) Why does Steadefi exist?
(2) And what are the issues we are trying to address?
🧵 👇
Yield Shortcomings (2): Requires excessive position management
Most #LeveragedYieldFarming protocols require their investors to manually set up their own #MarketNeutral positions and then also manually rebalance them to ward off liquidation or bad debt ratios.
13/20
Good to know we are building in the right space!
We'd also like to express our solidarity for anyone hurt in this whole debacle. We are all crypto investors as well, so we understand the pain.
Only thing we can do for now is to keep trying to build something special for #AVAX.
The only true victims in all of this are retail users. That’s why transparency and risk management will always be the top priorities of the Steadefi team. Go #DeFi and stay #DeFi!
Our new landing page is now UP! 🆙 🆙 🆙
👉 https://t.co/NcfeMh0tWl
We are currently putting the finishing touches on the dapp for optimal user experience. Stay tuned for more changes. 👀 🍻
Our timeline for today:
1 -> Wake up to see a mysterious Luigi tweet with "Steady lads" at the end.
2 -> Check own protocol name. Oh, yup.
3 -> Remember that limited beta testing with capital protection is coming soon.
4 -> Get pumped.
5 -> Remind ourselves to remain "steady".🤓
Thank you for giving up an afternoon for this!
#realyields don't always look that appealing when you're investing in the products individually...
...but with leverage and proper hedging (ie our #marketneutral strategies), things look completely different (and in a good way!).