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Jordi in Cryptoland
@lordjorx
DeFi enthusiast | Bangkok-based | @roycoprotocol
参加 March 2021
952 フォロー中    12.1K ファン
Spiral Stake just launched on Robinhood's chain with stock loops. @0xspiralstake is building a leverage layer for onchain assets, with a pretty interesting model behind the token. It currently has two main products: > Leverage Engine: one-click looping across stables, ETH, BTC, PTs, etc... > Equity Vaults: post tokenized stocks as collateral, borrow USDG, and deploy it into strategies earning 10–15% APY while keeping stock exposure. What I like most is where the fees go. Loop, performance, and trading fees all flow into the same pool: > 20% goes to the team for operations > 80% goes back to the protocol through reserve growth, token buybacks and burns, and stock airdrops The reserve itself sits in yield bearing stablecoin and T-bills, generating yield that helps fund those buybacks. The token launched through @ponsdotfamily, with the full supply circulating from day one. The team got ~15%, locked for 6 months and then vested linearly over the following 12, with a vote-escrow system planned to add more utility later on. I'm especially curious to see what yields tokenized stocks can generate once this is live
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