Take 5 minutes to read this. This might be your next "make it" trade.
- For people who want to earn LP Yield but don't know how to do it, Ticker Spring can take your USDG and zap it into a LP position for you, automagically. It also keeps it in range, automagically, so you don't need to manually adjust it.
- Earn fees while anyone trades between USDG and Stocks. When stocks go up (thanks Trump) your underlying deposit value goes up too. There's $50b in Stock volume on RH chain, you can earn a piece of every tx that goes through.
- Part of that yield goes to buy back the
$SPRING token
- While you earn yield on your LP, you can borrow USDG against that position and unlock more money to degen with (You deposit $100 into LP, earn yield with $100, then borrow another $40, then deposit that into the LP or go degen with)
- Or you can just deposit USDG into that vault and the people borrow the USDG (above) will pay YOU the interest.
- Token launched a few hours ago & Dev bought 71% of the supply on launch so bad actors couldn't snipe it. Then he burnt 55% of the supply. Rest is locked and vested.
- Larger players can also now earn yield off a Stock/USDG LP position and have an equivalent short on the same asset to be delta neutral and earn risk free yield (coming soon).
- Spring is positioning to be a "one click" set and forget LP safe haven so the TAM expands from Defi nerds to normies and institutions who don't need to be experts and don't need to adjust their positions every day.
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$SPRING under $1m as I type this. No KOLs own this on FOMO yet.
Theorycraft:
There is $170m in Stock TVL on RH chain right now.
Most of it is sitting in Uniswap, with other projects like Fables, Up and Ramses with 7 figure TVLs each.
Let's imagine Spring captures $8m TVL (not unrealistic)
Average Vaults APR on Spring right now: 69%
Then Borrowing USDG is another 5.58%
That's over $20,000 buybacks / week (on a $147k LP)
If no one buys a single coin, the buybacks pump the price by 60%
If the TVL goes to $50m over time (Does $50m sound big for institutional funds who want to earn delta neutral yield on stocks? No.) that's over $130k of buy backs every week.
Good luck.
The TickerSpring flywheel is simple: more TVL creates more vault activity and trading fees. 70% compounds back into vaults, 10% supports protocol operations, and 20% funds SPRING buybacks and permanent burns, turning real usage into a stronger ecosystem. 🌱