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DeFi Voyager
@DeFiVoyager_X
you canโ€™t kill an industry built by survivors ๐Ÿ’ก Sharing my DeFi strategies, knowledge and hands-on expertise
๊ฐ€์ž… June 2023
2.2K ํŒ”๋กœ์ž‰ ์ค‘    5.5K ํŒฌ
Two percent of @perpltrade's entire reward supply is sitting in a bucket only @tread_fi users can touch. It empties in fourteen days. Then it's gone for the remaining fourteen weeks. Don't fuck this one up. ๐Ÿ‘‡ 1. The supply is fixed. The room is still empty. 50,000 mPoints get minted every week whether 300 wallets trade or 30,000. Access codes came off three days ago. A point you earn now pays exactly what a point in week 16 pays, and right now you're splitting it with a fraction of the crowd that's coming. 2. @tread_fi users get 10,000 mPoints a week on top, for two weeks. 20,000 mPoints reserved for one terminal's users. Your edge over a frontend trader with identical volume is 1 + 0.2 x (Perpl's volume / Tread users' volume). If Tread runs 5% of Perpl's flow, you earn five times the points per dollar traded. 3. Perpl charges makers 0.9 bps to open and nothing to close. Opening $1M of notional on the book costs $90. Taking that same $1M off the book costs $690. Institutional market makers are excluded from mPoints, and that's the only exclusion the docs list. 4. Your floor is guaranteed before you deploy a dollar. $500,000 is committed regardless of what Perpl trades. Divide by 1,000,000 mPoints and every point is worth at least 50 cents, with the extra tiers pushing it toward a dollar. You can price your worst case today. Name another farm that lets you do that. Use my ref to get 5% points boost: SvSmBR8yYfX Fourteen days. After that you're one more wallet splitting 50,000 with everyone who shows up in September.
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