$NVDA exposure, but with a DeFi yield layer.
@Envy_Capital is building a dual-token system on Robinhood Chain:
→ $ENVY is designed to maintain parity with NVDA
→ $EQUITY is the protocol token
→ Stake $EQUITY to earn $ENVY emissions
→ $ENVY emissions = exposure designed to track the value of NVDA
The interesting part is the structure.
Instead of simply holding NVDA or LPing it for yield, $EQUITY gives you another way to earn NVDA-linked value through the protocol.
Think TOMB-style tokenomics, except the peg target isn't $1 — it's NVIDIA.
$ENVY = NVDA parity asset
$EQUITY = yield + protocol exposure
RWA tokenized equities combined with defi
While you all chase pleasebro tokens and lose money, there's a team that has been nonstop delivering.
They surpassed $AERO in daily fees today and are now the top 2 project on @base eco.
- Market cap is 0.61x of the total FDV, which means it's ~362k
- 60% of that supply is locked in the staking contract
- This means the effective circulating supply is ~150k
They are also soon shipping something with @AskVenice tech integrated (the hottest AI project right now imo).
$LAND is now bottoming out slowly, and this pleasebro rotation with the new tech will be the spark this project needs to go back over $2.4.
Max bullish in ponzu @landbidbase
bros: @SharkSociety_@CryptoGideon_@TheCryptoKazi@Studious_Crypto@EricCryptoman@OnlyHades_@CryptoShiro_@MetaverseRanger@game_for_one@defi_ant_degen@Flynn_howitt@ChillTRD@0xdetweiler@Flowslikeosmo
1/ Berachain's Proof of Liquidity is evolving.
As crypto adapts to fit a more mature crowd of asset allocators, the Beras are making some changes.
Here's everything you need to know about the new PoL 🧵
The Apiary Treasury Reward Vault is now Whitelisted and active. This means Apiary has now entered Phase 3, and we will use the vault to optimize our yield strategy. Distributions will now occur based on the Market Cap vs Treasury parameters listed on our docs, and staking rewards are officially enabled.
If you want to be eligible for yield distributions, make sure your Apiary is staked. Aside from that, this change requires no action from users. The BGT strategy on the reward vault will be fully handled by our team so yield optimization is seamless for users
The @landbidbase team just shipped an improved UI.
In this new UI, you can also check when the next buyback will trigger automatically from the revenue that flows into the project.
31.5k in buybacks made in just a couple of hours on a 400k mcap token is insane.
Max bullish on $LAND
☕️Bullas & Brews is Back!☕️
Attention mootards!!! I'll be going live this Friday at noon US central with @codingwithmanny!
We'll be chatting, @Bullas_, @ApiaryFi, and the future of @berachain!
Set a reminder!👇
https://t.co/HHJUMECMI3
Berachain is about to release a new reward vault application form very soon! That’s the reason why we have no pending RFRV yet. As soon as the new form is available we‘ll apply for multiple rewards vaults including a treasury RV and LP RV together with our partners @MCLBxfBOMB
Completed swap of funds raised from partners into iBGT. We now hold
170235 iBGT staked on Infrared generating 50% APR
The staked funds are still held in the multisig while we update our yield manager (that’s the reason why treasury on website shows 0)
As we are in Phase 1, the treasury yield is used to 50% buy and burn Apiary, 50% create Apiary/Honey liquidity positions on Kodiak
Thank you very much to our team, partners, community and everyone else who supported us during the launch!
Next step: applying for a reward vault
PoLlinating.
👏👏👏👏 This is awesome to hear, and a huge step for the crypto industry to have this clarity from SEC.
I will be joining the #DCBlockchain Summit VIRTUALLY on Wednesday, March 18 at 9:25 AM ET.
Will be sharing thoughts on crypto in the U.S., what's next for the industry, and some personal stories from building behind the scenes.
Catch the livestream: https://t.co/wSRo3Ec0zr