@skyrooster303 the vaults charge a 10% performance fee which is deposited into a pool that will be shared with PLX stakers in the future (aka real yield)
@AaronComics@dontbuytops it will, the product is performing just needs TVL to ramp up for shillable real yield/revenue numbers
multiple vaults incoming in jan.
Might be faster horses in the very short term but answering if it will ever recover is easy.
just waiting for more TVL
Crypto Watchlist for the week ahead:
$MATIC - Polygon will demo its next-gen ZK product on Dec. 14
$FXS - FXS halving will happen on Dec. 20 + FraxChain is coming next month + Frax's BAMM, a new DeFi primitive, is launching soon
$SNX - SNX inflation will be turned off on Dec. 17 + Synthetix Andromeda Upgrade is coming soon. Andromeda will introduce a buyback & burn SNX mechanism among other things
Solana Ecosystem tokens - The entire Solana eco is booming. Now is a good time to research native projects & bet on those with big catalysts
$PLX - Parallax Finance's Concentrated Active Liquidity Management strategies will be launched next week. The strategies are based on an AI-powered algo
$APT - $209M worth of tokens will be unlocked on Dec. 12
And that's it for this week.
If you enjoyed reading this, a like + retweet would be much appreciated🫡
@middlecurvewar@ChadCarez@parallaxfin went 9x from the lows, cooling off from the insane move up/in accumulation now. next catalyst is CALM launch in early December, should kickstart TVL increase
Introducing Blast: The only Ethereum L2 with native yield for ETH and stablecoins.
We’ve raised $20m from @Paradigm and @StandardCrypto to build the L2 that helps you earn more.
Details on how to get early access at the end of the thread👇
Introducing Blast: The only Ethereum L2 with native yield for ETH and stablecoins.
We’ve raised $20m from @Paradigm and @StandardCrypto to build the L2 that helps you earn more.
Details on how to get early access at the end of the thread👇
Parallax will focus on CALM. Here’s there plans for it👇🏻
$PLX did 800% in a month from this announcement after CALM governance proposal passed with an overwhelming majority, demonstrating strong community support.
CALM stands for Concentrated Active Liquidity Management which will dynamically adjust position curves and optimize capital deployment on Uniswap v3.
CALM v1 launches in December 2023 is a major milestone for Parallax's vision of becoming a leading decentralized asset/liquidity manager.
Fees from CALM will be allocated to PLX holders, creating high-yield fee capture.
Will pursue long-tail crypto assets as well, 3 launch partners confirmed.
Roadmap plans include expanding supported pairs, chains, advanced CALM strategies, and CALM solutions to projects.
Here are some potential bullish thesis on CALM
• CALM's advanced quantitative strategies and automation have the potential to optimize yields, minimize risk, and greatly enhance capital efficiency for LPs.
• Significantly reduced IL from Parallax proprietary rebalancing engine
Potential high-yield fee capture for $PLX token holders
• Exclusive focus on high trading volume pairs, and will actively pursue long-tail crypto assets
• There will be a fee sharing component where most of the fees earned by CALM vaults to PLX holders creates a promising new revenue stream
• Parallax could also offer CALM solutions to projects
• By simplifying and streamlining complex liquidity tactics, CALM could help attract mainstream capital and users to decentralized finance.
• CALM signifies Parallax establishing itself as a core builder of next-gen DeFi yield and liquidity tools.
• Through predictive analytics and automated rebalancing, CALM may help cushion against volatility.
• CALM's focus on capital efficiency and long-tail assets differentiates them from existing players like Arrakis and Gamma. This find them a sweet product-market fit within the sector of concentrated liquidity strategies
• CALM multi-chain expansions expanding beyond Arbitrum to additional chains and ecosystems unlocks new opportunities.