robinhood:0xe8ffd7e24187f72afb08d75b1bb13088a989a791 this chart speaks for itself.
While the whole eco is on a massive pullback from vertical from vertical price action, there are a hand full of market leaders that have found solid accumulation zones 50-70% from the highs.
A couple weeks ago, Delta implemented their flywheel which meant their base protocol fee went from 1% to 7.5%. The fees are now being split 80% burn, 20% to delta operations.
Delta team has been working diligently regardless of any noise from chart or price. Just this week Delta has:
-crossed $3m fees claimed by LP's
-burn .5% of supply
-Completed an audit from reputable defi security firm,
@sherlockdefi (Same team who audited Aero)
-launched delta academy, a free educational platform for new LP users
-
@Dune analytics dashboard went live
-Infrastructure upgrade through
@Alchemy RPC's
-Added Arc LP'ing (Multi-chain = more fees)
-Added swaps directly in the Delta app
Above all else, I believe the most impressive steps the team took over the last month was they added five new members to the core Delta team.
Core Devs:
@TheVsCrypto
@omen_xbt
@shcoopzy
New Additions to the team:
@krisquant - Education/LP Quant
@jave_gg - Marketing and Strategy Advisor
@himars - Socials and Content (Bro's been killing it btw)
@tcnpqq - Backend Development
@cataction_sol - Frontend Development
In crypto, we often see teams launch a cool product then the pipeline gets stagnant and it feels grifty and extractive. Delta is using their operations funds wisely by hiring reputable people who will accelerate the tech and their presence in the eco. This is how you want to see teams using their funds, not sending the 'operations' budget to a coinbase hot wallet and off-ramping.
There are a handful of tokens where buying the coin is essentially a bet on the entire ecosystem and delta fits firmly in that basket.
Thanks for coming to my ted talk. Deltamode.