FOLKS, THIS IS A MUST READ.
We all know that most new tokens don't die from a bad idea. They die from empty charts.
And we always all wonder HOW CAN THAT BE FIXED?!
HELLO Markets by
@thehellolabs is one of the cleaner attempts I've seen at fixing that, and it is simple enough that everyone can use it without having a hard time.
Let me remind you what HELLO Labs is.
It is the team behind Killer Whales, the crypto "Shark Tank" on Apple TV / Prime.
$HELLO is their token. HELLO Markets is the fixed-yield layer they just shiipped.
BACK TO OUR TALK NOW.
If you are a project, of course you need liquidity so people can actually buy/sell. And if you're a Liqiudity Provider, you want yield that doesn't vanish when volume dries up.
On normal pools, yield depends on traders showing up.
That's where HELLO Markets come into play, because YIELD IS FIXED FOR THE LOCK. Volume and volatility do not rewrite the deal.
ACCESSING HELLO MARKETS IS VERY EASY, AND CAN BE IN ETHER OF 2 WAYS:
1️⃣ SINGLE STAKE
Here, you lock
$HELLO for a set term. And you get a fixed APY paid in
$HELLO at unlock.
2️⃣ LIQUID STAKE
Here, you pair
$HELLO with ETH inside the contract, and you get the fixed side, plus LP trading fees. And you can also restake to flush fees.
HELLO MARKETS IS A BIG WIN FOR SEVERAL REASONS.
▫️Fixed yield is rare in crypto market. Most APY is emissions that dump on you later.
▫️Volume on Markets / Trade is designed to buy back and burn
$HELLO. So usage means more deflation, not more inflation.
▫️Projects can stand up company/community pools without having to market-make every pair just to keep Liquidity Providers from leaving.
Fellas, LOCKS ARE REAL.
SMART CONTRACTS HAVE RISK.
DYOR on
hellomarkets.io and the HELLO Labs docs before you touch a dollar.
NFA.
Kudos to Sir
@Sandergortjes for bringing up the idea of HELLO Markets.✊🤍