Discover and read the best of Twitter Threads about #DefrostFinance
Most recents (2)
1/7
What is the #DefrostV2? A thread 😎
The Defrost V2 is a new-generation decentralized leverage trading protocol on #Avalanche 🔥
You can:
💱 Trade major crypto assets on leverage
💵 Contribute their assets in lending pools powered by #SuperVaults to earn yields
What is the #DefrostV2? A thread 😎
The Defrost V2 is a new-generation decentralized leverage trading protocol on #Avalanche 🔥
You can:
💱 Trade major crypto assets on leverage
💵 Contribute their assets in lending pools powered by #SuperVaults to earn yields
2/7
Leveraged trading refers to borrowing assets to long or short #crypto 📚
👏 This allows traders to use greater capital with relatively little underlying funds, amplifying results
🚨 Traders can realize bigger profits when successful, but also suffer larger losses
Leveraged trading refers to borrowing assets to long or short #crypto 📚
👏 This allows traders to use greater capital with relatively little underlying funds, amplifying results
🚨 Traders can realize bigger profits when successful, but also suffer larger losses
3/7
The super vaults 🚀
👉 To power traders' leverages, Defrost uses special #supervaults that collect yields from third-party platforms
👉 When users deposit tokens, the super vault collects fees & rewards from the interoperated platform associated with that specific pool
The super vaults 🚀
👉 To power traders' leverages, Defrost uses special #supervaults that collect yields from third-party platforms
👉 When users deposit tokens, the super vault collects fees & rewards from the interoperated platform associated with that specific pool
❄️ Time for a FAQ thread ahead of our launch ❄️
1) What is #DefrostFinance?
📢 Defrost Finance (defrost.finance) is a decentralized protocol that allows you to leverage LP tokens & other pool tokens from @avalancheavax as collaterals for generating the $H2O #stablecoin
1) What is #DefrostFinance?
📢 Defrost Finance (defrost.finance) is a decentralized protocol that allows you to leverage LP tokens & other pool tokens from @avalancheavax as collaterals for generating the $H2O #stablecoin
2) Why would you want to mint H2O?
📢 Because:
🪙 It gives you extra rewards on your LPs
💵 You get a #stablecoin you can use to invest elsewhere
🤑 You receive $MELT
💎 You get to re-stake both $MELT and $H2O in other pools (coming soon!). That means even more rewards.
📢 Because:
🪙 It gives you extra rewards on your LPs
💵 You get a #stablecoin you can use to invest elsewhere
🤑 You receive $MELT
💎 You get to re-stake both $MELT and $H2O in other pools (coming soon!). That means even more rewards.
3) What is $MELT?
📢 Melt is #Defrost's governance token.
You can use it to ⬇️
💰 Access profitable staking opportunities
⚡️ Join the platform governance system
💲 Pay fees
📢 Melt is #Defrost's governance token.
You can use it to ⬇️
💰 Access profitable staking opportunities
⚡️ Join the platform governance system
💲 Pay fees
