Viktor DeFi

Vibing DeFi Narratives 💎

Contributor: @Gemscornerxyz

[Viktor DeFi @ViktorDefi]

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[Viktor DeFi @ViktorDefi]

Seems like half of CT is attending Token2049

[Viktor DeFi @ViktorDefi]

@blast you blasted us

[Viktor DeFi @ViktorDefi]

Ape cooked hard on @StonkPress

[ApeGuru @Apeguru]

Back in 2021 I co-founded ApeSwap and built the first version of @ApeBond's bond protocol from the ground up. Since then DeFi has been my passion and my bread and butter, including building up @LynexFi and working with several chains and ecosystem.

Now I've launched something new on Robinhood Chain: @StonkPress.

Here's what it is, why I built it, what can go wrong, and what can go right.

SPY is the world's benchmark asset, and Robinhood put it on-chain. But its liquidity is nowhere near where it should be. StonkPress exists to make SPY liquidity stay. I believe the protocol that owns the biggest SPY LP will own the center of gravity. That's what we're building.

The idea is simple. PAPER targets 1/10,000 SPY. Provide SPY liquidity and you earn PAPER. Above target, the press prints. Below it, the Ink Reserve buys.

Liquidity bonds fund the Ink Reserve. You trade PAPER/SPY LP for PAPER at a discount, vested over 3 or 5 days, and the reserve keeps the liquidity. Bonds are open now.

Genesis runs seven days, once. Today at 16:00 UTC the SPY, WETH and USDG pools open, and you don't need to LP to join.

What can go wrong: it's experimental. PAPER could trade below target for a long time, and a bond's value can fall while it vests.

What can go right: SPY on-chain finally gets a market that stays, built in the open. I'll post our numbers every day of genesis, good days and bad.

DYOR before anything else. Links in the first reply.

Not affiliated with Robinhood. Not financial advice.

[Viktor DeFi @ViktorDefi]

@Levi_Researcher It sure gonna catch up

[Viktor DeFi @ViktorDefi]

Uptober
Runvember
Pumpcember

Q4 will be lit.

[Viktor DeFi @ViktorDefi]

@TD_bbboys258 Yeah

[Viktor DeFi @ViktorDefi]

Uptober
Runvember
Pumpcember

Q4 will be lit.

[Viktor DeFi @ViktorDefi]

@quack_research always

[Viktor DeFi @ViktorDefi]

koreans are frontrunning the livestreaming trading meta

gonna be a huge meta in the coming months

worth watching

[Viktor DeFi @ViktorDefi]

@renksieth they're killing it

[StonkPress @StonkPress]

PAPER is live. On Robinhood Chain.

- Trading: Uniswap V2, PAPER/SPY
- Bonds: Opening soon
- PAPER/SPY genesis pool: 16:00 UTC
- SPY, WETH, USDG pools: Fri 16:00 UTC
- Ecosystem pools: TBA
- The press starts: Thu 8 Oct 18:00 UTC

PAPER: 0x008DD62dD934f3FFdC0986ba5316c78aE51Cb1c9

[Viktor DeFi @ViktorDefi]

@StonkPress 👀

[Viktor DeFi @ViktorDefi]

@thesaint_ @Bitroot_ sounds good.

will def check it out.

[Viktor DeFi @ViktorDefi]

koreans are frontrunning the livestreaming trading meta

gonna be a huge meta in the coming months

worth watching

[Viktor DeFi @ViktorDefi]

@NowaFinance gonna be insane

[Viktor DeFi @ViktorDefi]

@NowaFinance exactly this

[Viktor DeFi @ViktorDefi]

@mila_arty I'm keeping an eye on @FLIPgoTV

[Viktor DeFi @ViktorDefi]

@Leon_Defi 🫡

[Viktor DeFi @ViktorDefi]

binged on the ongoing Hood Summit

and all i can say is Vlad didn't enter crypto to joke, man came for the full pie.

from 24/7 markets to derivatives to prediction markets to social trading, they're positioning to grab a slice of it all.

the great retail unlock is upon us.

[Viktor DeFi @ViktorDefi]

binged on the ongoing Hood Summit

and all i can say is Vlad didn't enter crypto to joke, man came for the full pie.

from 24/7 markets to derivatives to prediction markets to social trading, they're positioning to grab a slice of it all.

the great retail unlock is upon us.