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Divvy
@Divvy0x
Sec Engineer | Writes Solidity | founder @Parestocks
17 Following    872 Followers
Sneak peek at the new PARE. The old terminal made you learn the protocol before you could use it. The new app starts from what you want to do: earn a fixed rate, earn pool rewards, cash out dividends, or borrow. Pick one and it walks you through it. Fixed rates are the first thing you see, with every stock's rate side by side. Pick Pfizer, type an amount, choose what you're paying with, and the screen tells you what you get and when it comes back. The number on the card is shares at today's price. The share count is fixed, the dollar value moves with the stock, same as holding it. What you lock in is the discount. Still in testing, not the final version. But the direction is set! fewer steps, plainer wording.
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Woke up to this and read the whole thing twice! @DiamondHandsDig went back to 1602 and spices in sacks to explain what we're building, and made it super easy to understand for all I believe. The Americus Trust section alone is worth the read. Genuinely grateful someone put this much time into understanding PARE. Bull case, bear case, all of it. Legendary stuff.
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An update on what is coming for @PareStocks once @pashov and team complete their thorough audit! How YOU can earn on PARE! Every series has two pools. One for the share, one for the dividend. Every trade that goes through them pays a fee, 0.05% on the share pool and 1% on the dividend pool, and every cent of that goes to the people holding the liquidity. Setting it up is one click. Go to Earn, put in the stock or just ETH, and the terminal does the rest. It splits what it needs, sets up both positions, and you're earning on the next trade that comes through. Pools opened at about $20k across four series and we haven't started letting anyone provide LP yet. That opens the moment the audit wraps up. More series are lined up behind it, each one adding two more pools. The number only goes one way from here... Up. The people who get in early are the ones collecting the biggest cut of every trade. And the trading only picks up from here. Stocks on chain trade all weekend. Every dividend date brings people in to reposition. Every new series brings new traders. Once borrowing against a split share goes live, people split again and that's more volume through the same pools. Second way you can earn. Lending. Holders of the split share will be able to borrow USDG against it and lenders collect the interest. That opens to EVERYONE once the audit is done. So you've got two streams coming. Hold the pools and collect fees. Hold the loans and collect interest. Or both. Either way you get paid while the market does its thing.
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