◆ (Re)introducing: RevTec ◆
🤝 New name, new website, new commitment to 100% REV sharing.
Solana's first staking protocol to isolate REV for stakers.
Align yourself with Solana's economy. 🧵👇
ICYMI: A RevTec protocol report by the Austrian Blockchain Center @blockchain_abc
🧠 Dive into the risks and opportunity presented by RevTec's protocol
The report goes deep, read it here 👉 https://t.co/xBEEMAiq0F
Or, check out the TLDR 🧵👇
🌐 Hackathons work.
RevTec has its origins in the @colosseum Breakout hackathon.
🏃 A two-week sprint to kickstart the project.
Constructing the team, building an MVP, polishing the pitch.
All with a submission deadline in sight.
The end was just the beginning.
We won an "honorable mention", and VCs, angels, and supporters came out of the woodwork.
A three-week old project getting this kind of attention is only possible with a hackathon like @colosseum.
🍎🍎 These days, every liquid staking tokens has similar:
--> APYs
--> MEV / Issuance mix
--> Liquidity
🍎🍊 RevTec brings differentiation:
🟣 revSOL --> earns REV only
🔵 issSOL --> earns issuance only
What will you choose?
Liquid staking:
📈 Not even 15% of SOL is liquid staked.
Protocols like @MarinadeFinance have offered customization to stakers, while @jito_sol has pushed pioneered the collection of MEV.
But something is missing 🧵👇
Since 2021 I've been waiting for the blossoming of on-chain interest rate swaps and yield products.
There is no on-chain yield ecosystem without tools like @ExponentFinance
Watch this space 👀
◆ Good REV only, thanks ◆
We maximize legitimate REV by running the latest validator hardware, in the lowest latency locations, while using the @jito_labs BAM validator client.
Our goal is to grow alongside the Solana network, not by harming it.
Source: https://t.co/hQeFQ5DuWJ
◆ No malicious behaviors ◆
We're committed to sharing 100% of priority and 100% of Jito Tips with the holders of revSOL.
🥪 But we'll NEVER collect REV in malicious ways, via sandwiching, late block packing or otherwise.
Source: https://t.co/QQH7XSy9v0
🛠️ DeFi needs new primitives, not more copy-pastas.
DeFi copy-pasta is everywhere:
Familiar concepts on new chains, or with points.
There are still primitives to be built:
Instead of building “on top” of existing protocols, why not build “below”?
Soon.
You should believe in Solana (the blockchain)
Express your belief, not by holding SOL
But by collecting its revenues directly.
Stake, collect REV.
Soon.