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Crypto Raketeros$AUGU AIrdrop on BASE
Augusta Finance allocated 3%(3,000,000) of their token allotment for community airdrop. Their maximum supply is 100 million They are intending to launch on BASE via Aerodrome. Lets have a look what this project all about and how to get in. Velodrome Finance and veVELO NFT Rewards:Velodrome Finance is a decentralized exchange and liquidity hub on Optimism that incentivizes liquidity provision through veVELO NFT rewards.veVELO holders can earn fees, receive rebase rewards, and participate in go...
Crypto RaketerosUnveiling Augusta Finance: Trailblazing NFT-Secured Loans and Advanced Governance
Augusta Finance, emerging in the rapid world of Decentralized Finance (DeFi), stakes its claim as a significant player in the arena of liquidity protocols. Discover Augusta Finance as a part of the Velodrome Finance ecosystem, a dual function system encompassing liquidity unlocking and governance. Its unique proposition lies in providing immediate veVELO NFT-backed loans to its users, simultaneously offering a direct path to attain governance authority in Velodrome Finance. An Insight into Ve...
Crypto RaketerosUnveiling Augusta Finance: A New Era in NFT-Backed Lending and Governance
Introduction — — — — — — The rapid evolution of DeFi (Decentralized Finance) has made room for another significant player in the realm of liquidity protocols — Augusta Finance. Functioning as a liquidity releasing protocol and governance nucleus, Augusta Finance exists within the Velodrome Finance ecosystem. The distinguishing feature of Augusta Finance lies in its ability to offer its users instant veVELO NFT-backed loans while also facilitating a smooth path to Velodrome Finance governance ...
Crypto Raketeros$AUGU AIrdrop on BASE
Augusta Finance allocated 3%(3,000,000) of their token allotment for community airdrop. Their maximum supply is 100 million They are intending to launch on BASE via Aerodrome. Lets have a look what this project all about and how to get in. Velodrome Finance and veVELO NFT Rewards:Velodrome Finance is a decentralized exchange and liquidity hub on Optimism that incentivizes liquidity provision through veVELO NFT rewards.veVELO holders can earn fees, receive rebase rewards, and participate in go...
Crypto RaketerosUnveiling Augusta Finance: Trailblazing NFT-Secured Loans and Advanced Governance
Augusta Finance, emerging in the rapid world of Decentralized Finance (DeFi), stakes its claim as a significant player in the arena of liquidity protocols. Discover Augusta Finance as a part of the Velodrome Finance ecosystem, a dual function system encompassing liquidity unlocking and governance. Its unique proposition lies in providing immediate veVELO NFT-backed loans to its users, simultaneously offering a direct path to attain governance authority in Velodrome Finance. An Insight into Ve...
Crypto RaketerosUnveiling Augusta Finance: A New Era in NFT-Backed Lending and Governance
Introduction — — — — — — The rapid evolution of DeFi (Decentralized Finance) has made room for another significant player in the realm of liquidity protocols — Augusta Finance. Functioning as a liquidity releasing protocol and governance nucleus, Augusta Finance exists within the Velodrome Finance ecosystem. The distinguishing feature of Augusta Finance lies in its ability to offer its users instant veVELO NFT-backed loans while also facilitating a smooth path to Velodrome Finance governance ...
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Augusta Finance is eyeing up to become the leading liquidity management pivot in the OP Stack space, with their first stride starting at Velodrome. Here's an insight into Augusta's methodology and its strategic approach to address major issues.
Primarily, the widely used convex layer mode requires veTokens to be locked in, which are then converted into liquidity bills and used to form a secondary market liquidity pool. This solves the liquidity and interest-bearing complications of veTokens. However, it also has its downsides, such as a discount on liquidity bills and a shortage of positive external influences.
Regarding Velodrome V2, the conventional convex layer mode is not an option. To take on liquidity hurdles, Augusta Finance employs a novel strategy—NFT mortgage lending. Utilizing the interest-bearing nature and governance rights of veVELO NFT, it manages to alleviate problems typically faced by PFP NFT lending protocols.
Augusta protocol's design becomes evident through its central constituents: — It allows users to pledge veVELO NFT in exchange for ETH. — Depositing ETH enables users to generate interest. — Governance privileges of pledged veVELO NFT are diverted to Augusta. — The governance profits are judiciously divided among the depositors and borrowers.
Demonstrating the successful release of liquidity for veNFT, Augusta Finance has firmly established itself as the governance core of Velodrome. Additionally, they have been able to produce positive external effects by satisfying the lending requirements of users. This novel approach points to the fresh possibilities of financial NFTs and propels the trajectory of the NFTFi sector.
Augusta Finance's objective is to bring about transformation in liquidity governance within the OP Stack system. They aspire to foster a vibrant environment that benefits not only the participants but also the wider community. Keep an eye on Augusta as they pave the way for the future of NFT finance!
⛳️🌐 Website: https://www.augusta.finance/🐦 Twitter: https://twitter.com/Augusta_finance👾 Discord: https://discord.com/invite/augustafi
📗 Docs: https://augusta-finance.gitbook.io/augusta-finance/about/introducing-augusta
#AugustaFinance #OPStack #NFTFi #LiquidityGovernance
Augusta Finance is eyeing up to become the leading liquidity management pivot in the OP Stack space, with their first stride starting at Velodrome. Here's an insight into Augusta's methodology and its strategic approach to address major issues.
Primarily, the widely used convex layer mode requires veTokens to be locked in, which are then converted into liquidity bills and used to form a secondary market liquidity pool. This solves the liquidity and interest-bearing complications of veTokens. However, it also has its downsides, such as a discount on liquidity bills and a shortage of positive external influences.
Regarding Velodrome V2, the conventional convex layer mode is not an option. To take on liquidity hurdles, Augusta Finance employs a novel strategy—NFT mortgage lending. Utilizing the interest-bearing nature and governance rights of veVELO NFT, it manages to alleviate problems typically faced by PFP NFT lending protocols.
Augusta protocol's design becomes evident through its central constituents: — It allows users to pledge veVELO NFT in exchange for ETH. — Depositing ETH enables users to generate interest. — Governance privileges of pledged veVELO NFT are diverted to Augusta. — The governance profits are judiciously divided among the depositors and borrowers.
Demonstrating the successful release of liquidity for veNFT, Augusta Finance has firmly established itself as the governance core of Velodrome. Additionally, they have been able to produce positive external effects by satisfying the lending requirements of users. This novel approach points to the fresh possibilities of financial NFTs and propels the trajectory of the NFTFi sector.
Augusta Finance's objective is to bring about transformation in liquidity governance within the OP Stack system. They aspire to foster a vibrant environment that benefits not only the participants but also the wider community. Keep an eye on Augusta as they pave the way for the future of NFT finance!
⛳️🌐 Website: https://www.augusta.finance/🐦 Twitter: https://twitter.com/Augusta_finance👾 Discord: https://discord.com/invite/augustafi
📗 Docs: https://augusta-finance.gitbook.io/augusta-finance/about/introducing-augusta
#AugustaFinance #OPStack #NFTFi #LiquidityGovernance
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