Daiquilibrium

A new twist on an algorithmic stablecoin, prioritizing capital efficiency and price stability.

[Daiquilibrium @daiquilibrium]

[1/6] #DAIQ

❗️HUGE ANNOUNCEMENT❗️

We in the DAIQ team are extremely excited to inform everyone about "THE SHRINKQUILIBRIUM." This will be an unprecedented lottery, the first of its kind in the DeFi space. We are giving away in total $110 000.💰

Powered by Chainlink🔌

[Daiquilibrium @daiquilibrium]

Keep in mind: This is only the funding proposal, not the actual migration proposal. As a result, the selling tax is going to get distributed to stableswap LPs, if the proposal is accepted.

[Daiquilibrium @daiquilibrium]

[1/6] #DAIQ

Proposal #10 is here, and it involves migrating away from Uniswap to StableSwap. If you wish to understand the proposal and its importance in greater detail, read:
https://t.co/YF3ewVxvrP

[Daiquilibrium @daiquilibrium]

[6/6] #DAIQ

Funding Request:

100k DAIQ to be reserved for Boot Finance at present, deliverable at deployment along with expansion rewards.

The proposal is live, vote here: https://t.co/oFBoOmFNp6

[Daiquilibrium @daiquilibrium]

Welcome to the expansion cycle. Current TWAP ≈1.13

https://t.co/Vj7t6OzxVD #DAIQ

[Chainlink @chainlink]

Algorithmic stablecoin @daiquilibrium is using #Chainlink VRF on mainnet to power its Shrinkquilibrium—an event aiming to return DAIQ to its peg by incentivizing users to purchase tickets in DAIQ, which gets burned, while random winners receive DAI prizes.

[Daiquilibrium @daiquilibrium]

Congratulations, Dave!🤝

[Daiquilibrium @daiquilibrium]

ONLY ONE MORE DAY until the giveaway of 10k DAI is over - February 6th - see the linked tweet to participate. #DAIQ

https://t.co/ssXnBN7trI

[Daiquilibrium @daiquilibrium]

[3/6] #DAIQ

1. LIKE + RETWEET the first [1/7] announcement tweet.
2. Your wallet MUST hold at least 100 DAIQ from the time you retweet to the time the giveaway ends to be valid. The giveaway will end February 6th at 20:00 UTC
3. Join https://t.co/z9omgSZ0PS

[Daiquilibrium @daiquilibrium]

Proposal #9 regarding buybacks has officially completed at Epoch 536: https://t.co/vIRpZxHPrd #DAIQ

Check out our latest Twitter thread, or Telegram for more details. https://t.co/z9omgSZ0PS

[Daiquilibrium @daiquilibrium]

[7/7] #DAIQ

What will happen to the DAIQ that is bought?

The DAIQ will be sent to the treasury to further incentivize improvements to the protocol.

[Daiquilibrium @daiquilibrium]

[1/7] #DAIQ

Proposal #9 Buybacks

We have passed and deployed eight different proposals in two weeks' time, and we have no plans to stop. Each proposal has suggested improvements to the protocol, such as an upgraded coupon system and the recent lottery-event, “Shrinkquilibrium”

[Daiquilibrium @daiquilibrium]

[6/7] #DAIQ

How will you know the buybacks were done?

The DAIQ team always seeks to prioritize our community's needs, and we aim to be as transparent as possible. Immediately after the buybacks are completed, we will release a document with every transaction.

[Daiquilibrium @daiquilibrium]

Are you interested in joining in on the fun? Visit https://t.co/FK275PZnlu to turn your DAIQ into tickets! #DAIQ

[Daiquilibrium @daiquilibrium]

Update on the Shrinkquilibirum–DeFi's largest lottery to date with a $100K prize pool!

Currently, only 5109 tickets have been purchased, which equates to $19,925 in total value. This means the risk to reward is now in MASSIVE favor of the buyers. Five times the break-even odds!