Subscribe to APWine
APWineAPWine is Coming to Arbitrum
Please note this is an archived post from Jul 6, 2022 migrated from Medium.com Dear Winemakers, We are excited to share the outcome of the latest on-chain governance vote, in which the majority of voters chose Arbitrum as the next destination for the APWine Protocol.Voting results First posted by a user CoolGuy on Jan 21, 2022, the APIP 2 sparked week-long discussions between community members weighing the pros and cons of various networks. Six months later, on Jun 20, the APIP was put to on-...
APWineIntroducing 2.0 - DeFi's Ultimate Interest Rate Protocol
In early 2021, after several months of working on testnet releases, we launched a beta version of the APWine protocol on the Ethereum Mainnet. At that time, the primary motivation behind the project was to help DeFi farmers to protect their crops from APY volatility. However, as we talked to our first users and received genuine feedback on the concept, we realized a strong need for more sophisticated tools for all-things interest rates in DeFi. After countless hours of coding, researching, an...
<100 subscribers
APWineAPWine is Coming to Arbitrum
Please note this is an archived post from Jul 6, 2022 migrated from Medium.com Dear Winemakers, We are excited to share the outcome of the latest on-chain governance vote, in which the majority of voters chose Arbitrum as the next destination for the APWine Protocol.Voting results First posted by a user CoolGuy on Jan 21, 2022, the APIP 2 sparked week-long discussions between community members weighing the pros and cons of various networks. Six months later, on Jun 20, the APIP was put to on-...
APWineIntroducing 2.0 - DeFi's Ultimate Interest Rate Protocol
In early 2021, after several months of working on testnet releases, we launched a beta version of the APWine protocol on the Ethereum Mainnet. At that time, the primary motivation behind the project was to help DeFi farmers to protect their crops from APY volatility. However, as we talked to our first users and received genuine feedback on the concept, we realized a strong need for more sophisticated tools for all-things interest rates in DeFi. After countless hours of coding, researching, an...
Share Dialog
Share Dialog
Please note this is an archive post from Nov 30, 2020 migrated from Medium.com
A delicate, high-end, and tasty Sauternes wine, just like the yield you’ll make.
With the DeFi ecosystem more active and boiling than ever, farmers who place their funds into lending platforms have witnessed volatile, risky, and sometimes unclear APY.
Ever wished you could sell your yield and stop having to worry about fluctuations?
That day has arrived.
APWine is a protocol that works by locking your funds and giving you future yield tokens (FYT) in exchange. These tokens represent your yet unrealized yield for a fixed period of time, that you can sell to hedge your risk, or trade to speculate on the variation of APY.
Last September, we released Muscat, the first alpha version of the platform. Today, we’re happy to introduce Sauternes, our new and final version before the **Mainnet release **🚀!
In this new alpha version, we’ve integrated the AAVE protocol. You will be able to tokenize your DAI yield on AAVE. Sell it before maturity to hedge your risk, or trade it to speculate on APY volatility.
Let’s get started!
Setup your Kovan wallet
The first thing you have to do is to set up your Metamask wallet to use the Kovan network.
You also want to have some ETH in your Metamask wallet to pay transaction fees. You can get ETH for the Kovan testnet in the Kovan faucet**. **Or ask to get some Kovan ETH in the Kovan Gitter faucet.
If these don’t work, please reach out to a team member on our Telegram and we’ll help you get on track.
In our Alpha, you will be able to lock aDAI and generate future yield tokens that you can trade or sell at a later stage.
First, generate DAI directly in the AAVE faucet by clicking the Dai icon for DAI. Then choose AAVE V2.
Then you will be able to deposit these DAI in the AAVE platform to get aDAI.
Head to the deposit page by clicking on **Go to deposit **and click on the **Dai icon **then deposit the amount you want.
After waiting for the transaction to complete, you now have aDAI in your Metamask wallet.
You are all set to start making some wine 🍷!
Enter the APWine interface, connect your wallet and let’s try to make your first blend of wine.
If this is the first time you come to APWine with this wallet, you shouldn’t have anything in your **Registrations **yet.
First, you’ll want to register to a future. Click on the** New **button.
Then select a duration of time you want to deposit your funds for. You can choose from Monthly, or Weekly.
Choose and click on your desired interest bearing token.
Enter an amount, then press “Approve and Register”. You can also press “MAX” to put your entire wallet balance.
Head back to Registrations. You should now see the amount of registered aDAI. This amount of aDAI will be move to locked when the period begins, for the entire duration of the period and till you manually unlock it. Note that you are automatically enrolled for the next periods of the future.
When the period has started, your registered funds will become locked and you’ll be able to mint your** Future Yield Tokens**. To do so, click on the Mint button. As long as your funds are deposited, you can Mint your tokens at each new period, for example, every week if you’ve selected a Weekly period.
From here, you can Unlock your funds or Unregister your funds to get back your aDAI.
Note that unlocking will also remove your future yield tokens for the current period.
Let’s check your **Future Yield Tokens. They **will now show up here, along with your current generated yield, an approximation of total yield, and an estimated token value.
Future Yield
Once the period you registered for begin, you can see your Future Yield in here:
At this stage, you are free to create the blend you want. You can freely buy, sell, and send your future yield tokens from our dedicated exchange.
When the period has ended, which means your wine has matured, you’ll be able to claim your yield. Just click on the Claim button, and your future yield tokens for the corresponding period will be burnt in exchange for the underlying yield.
And there you have it! Cheers 🥂 !
Now, sit back and enjoy your hard-earned wine 🍷.
Thank you very much for watching this tutorial. If you’re having any issues with the platform, you can join us on Telegram or at contact@apwine.fi.
We hope you enjoy using APWine! 👻🍷
APWine is the pioneering protocol for tokenized yield in Web3. Users can leverage the protocol to fix interest rates, speculate on APR evolution or receive future yield in advance (even today).
Build the APWine City with us and connect with fellow Winemakers via:
Please note this is an archive post from Nov 30, 2020 migrated from Medium.com
A delicate, high-end, and tasty Sauternes wine, just like the yield you’ll make.
With the DeFi ecosystem more active and boiling than ever, farmers who place their funds into lending platforms have witnessed volatile, risky, and sometimes unclear APY.
Ever wished you could sell your yield and stop having to worry about fluctuations?
That day has arrived.
APWine is a protocol that works by locking your funds and giving you future yield tokens (FYT) in exchange. These tokens represent your yet unrealized yield for a fixed period of time, that you can sell to hedge your risk, or trade to speculate on the variation of APY.
Last September, we released Muscat, the first alpha version of the platform. Today, we’re happy to introduce Sauternes, our new and final version before the **Mainnet release **🚀!
In this new alpha version, we’ve integrated the AAVE protocol. You will be able to tokenize your DAI yield on AAVE. Sell it before maturity to hedge your risk, or trade it to speculate on APY volatility.
Let’s get started!
Setup your Kovan wallet
The first thing you have to do is to set up your Metamask wallet to use the Kovan network.
You also want to have some ETH in your Metamask wallet to pay transaction fees. You can get ETH for the Kovan testnet in the Kovan faucet**. **Or ask to get some Kovan ETH in the Kovan Gitter faucet.
If these don’t work, please reach out to a team member on our Telegram and we’ll help you get on track.
In our Alpha, you will be able to lock aDAI and generate future yield tokens that you can trade or sell at a later stage.
First, generate DAI directly in the AAVE faucet by clicking the Dai icon for DAI. Then choose AAVE V2.
Then you will be able to deposit these DAI in the AAVE platform to get aDAI.
Head to the deposit page by clicking on **Go to deposit **and click on the **Dai icon **then deposit the amount you want.
After waiting for the transaction to complete, you now have aDAI in your Metamask wallet.
You are all set to start making some wine 🍷!
Enter the APWine interface, connect your wallet and let’s try to make your first blend of wine.
If this is the first time you come to APWine with this wallet, you shouldn’t have anything in your **Registrations **yet.
First, you’ll want to register to a future. Click on the** New **button.
Then select a duration of time you want to deposit your funds for. You can choose from Monthly, or Weekly.
Choose and click on your desired interest bearing token.
Enter an amount, then press “Approve and Register”. You can also press “MAX” to put your entire wallet balance.
Head back to Registrations. You should now see the amount of registered aDAI. This amount of aDAI will be move to locked when the period begins, for the entire duration of the period and till you manually unlock it. Note that you are automatically enrolled for the next periods of the future.
When the period has started, your registered funds will become locked and you’ll be able to mint your** Future Yield Tokens**. To do so, click on the Mint button. As long as your funds are deposited, you can Mint your tokens at each new period, for example, every week if you’ve selected a Weekly period.
From here, you can Unlock your funds or Unregister your funds to get back your aDAI.
Note that unlocking will also remove your future yield tokens for the current period.
Let’s check your **Future Yield Tokens. They **will now show up here, along with your current generated yield, an approximation of total yield, and an estimated token value.
Future Yield
Once the period you registered for begin, you can see your Future Yield in here:
At this stage, you are free to create the blend you want. You can freely buy, sell, and send your future yield tokens from our dedicated exchange.
When the period has ended, which means your wine has matured, you’ll be able to claim your yield. Just click on the Claim button, and your future yield tokens for the corresponding period will be burnt in exchange for the underlying yield.
And there you have it! Cheers 🥂 !
Now, sit back and enjoy your hard-earned wine 🍷.
Thank you very much for watching this tutorial. If you’re having any issues with the platform, you can join us on Telegram or at contact@apwine.fi.
We hope you enjoy using APWine! 👻🍷
APWine is the pioneering protocol for tokenized yield in Web3. Users can leverage the protocol to fix interest rates, speculate on APR evolution or receive future yield in advance (even today).
Build the APWine City with us and connect with fellow Winemakers via:
No comments yet