$CHOP is live on Robinhood Chain.
Volatility farming is here.
Earn yield from choppy markets, on any asset.
https://t.co/6yoD3IFX5P
CA: 0x100765a16f42636bd84ee1e86bc5107b84bcdba3
We're going live on agent hour with @Dannyhbrown & @igoryuzo from @bankrbot to explain all about volatility farming, our roadmap and the $CHOP flywheel!
Join us at 1pm ET!
The $CHOP flywheel is rolling and we're just getting started!
5,45% of $CHOP is wrapped and out of circulation, making ~$25K wrapped.
The chCHOP x WETH pool has ~$5K, a pool thick enough for arbitragers to comfortably trade in.
Wrap -> Farm -> Harvest -> https://t.co/X9g0OXzKGC
This is what opening a log can do for any token!
400% APR, no lock up, no inflation, all rewards from buybacks.
Volatility and volumes earn.
Wrap -> Farm -> Harvest -> https://t.co/sIFd3WqHmD
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.