It’s time to reveal the new use product we have been working on. An extension of the cartel that will empower the protocol to be at the forefront of DeFi bribes — the Hidden Hand bribe marketplace. Hidden Hand enables protocols with vote-escrow tokens to access a marketplace that lets others bribe their token holders to vote for their best interests.Cash Flow Is KingCurrently, BTRFLY holders are able to access a diversified index of governance tokens but are not able to either leverage their ...

It’s time to reveal the new use product we have been working on. An extension of the cartel that will empower the protocol to be at the forefront of DeFi bribes — the Hidden Hand bribe marketplace. Hidden Hand enables protocols with vote-escrow tokens to access a marketplace that lets others bribe their token holders to vote for their best interests.Cash Flow Is KingCurrently, BTRFLY holders are able to access a diversified index of governance tokens but are not able to either leverage their ...

In an effort to place ourselves at the forefront of the imminent TOKE wars, we have conducted a strategic acquisition of the bribe facilitators for Tokemak reactors, Votemak. This acquisition will be overseen by elected community members of the cartel, LiquidityWizard of Tokemak, and the core-team of Votemak, 0xTomoyo, DCF Intern, 0xMattyb, and DCFGOD. Votemak lets protocols bribe $TOKE holders to vote for their reactors via smart contracts. Protocols put up bribes in any ERC20 and $TOKE hold...

In an effort to place ourselves at the forefront of the imminent TOKE wars, we have conducted a strategic acquisition of the bribe facilitators for Tokemak reactors, Votemak. This acquisition will be overseen by elected community members of the cartel, LiquidityWizard of Tokemak, and the core-team of Votemak, 0xTomoyo, DCF Intern, 0xMattyb, and DCFGOD. Votemak lets protocols bribe $TOKE holders to vote for their reactors via smart contracts. Protocols put up bribes in any ERC20 and $TOKE hold...

Revenue diversification, particularly in down markets, is of the utmost importance. Over the past few weeks, a number of DeFi treasuries have swapped out of their native protocol tokens into productive, or risk off, assets. Here at Redacted, we’ve always put an emphasis on acquiring revenue-generating assets and building functional products that accrue value to the treasury — starting with the bonding of CVX during our launch. While the roster of assets has expanded, the core goal of diverse ...

Revenue diversification, particularly in down markets, is of the utmost importance. Over the past few weeks, a number of DeFi treasuries have swapped out of their native protocol tokens into productive, or risk off, assets. Here at Redacted, we’ve always put an emphasis on acquiring revenue-generating assets and building functional products that accrue value to the treasury — starting with the bonding of CVX during our launch. While the roster of assets has expanded, the core goal of diverse ...

Chaos is not simply randomness or disorder. Chaos is what happens when tiny seemingly insignificant changes create ripple effects and eventually form tidal waves of change in future scenarios. Deterministic chaos was glimpsed by Edward Loranz as small rounding errors in mathematical computations leading to large-scale variations in future outcomes. Another term was coined for this ripple effect - The Butterfly Effect. A single butterfly flapping its wings could lead to a chain of events leadi...

Chaos is not simply randomness or disorder. Chaos is what happens when tiny seemingly insignificant changes create ripple effects and eventually form tidal waves of change in future scenarios. Deterministic chaos was glimpsed by Edward Loranz as small rounding errors in mathematical computations leading to large-scale variations in future outcomes. Another term was coined for this ripple effect - The Butterfly Effect. A single butterfly flapping its wings could lead to a chain of events leadi...

A few months ago we introduced Hidden Hand. Since then we’ve been hard at work building out the contracts, crafting the UI, onboarding partners, and educating bribers to bootstrap the marketplace. We’re excited to announce that the Hidden Hand marketplace is now live and supports the following partners:Frax (veFXS) — a fractional-algorithmic stablecoin protocol.Ribbon (veRBN) — a protocol that helps users access structured products for DeFi.Balancer (veBAL) — an automated portfolio manager an...

A few months ago we introduced Hidden Hand. Since then we’ve been hard at work building out the contracts, crafting the UI, onboarding partners, and educating bribers to bootstrap the marketplace. We’re excited to announce that the Hidden Hand marketplace is now live and supports the following partners:Frax (veFXS) — a fractional-algorithmic stablecoin protocol.Ribbon (veRBN) — a protocol that helps users access structured products for DeFi.Balancer (veBAL) — an automated portfolio manager an...

To commence the birth of the [REDACTED] Cartel and the first of a four-phase mainnet rollout, the DAO will launch operation Swallowtail, a two-day treasury bootstrapping event (TBE) to ensure fair price discovery and sustainable treasury backing. This is the first opportunity for the general public to mint $BTRFLY to participate in the governance of the network. All proceeds will go to the [REDACTED] Treasury, a smart contract entirely controlled by $BTRFLY token holders. Please refer to this...

To commence the birth of the [REDACTED] Cartel and the first of a four-phase mainnet rollout, the DAO will launch operation Swallowtail, a two-day treasury bootstrapping event (TBE) to ensure fair price discovery and sustainable treasury backing. This is the first opportunity for the general public to mint $BTRFLY to participate in the governance of the network. All proceeds will go to the [REDACTED] Treasury, a smart contract entirely controlled by $BTRFLY token holders. Please refer to this...

DOCUMENT █████-A ORIGIN: PDF FILE DISTRIBUTED DURING RECRUITMENT FOR A DECENTRALIZED AUTONOMOUS ORGANIZATION (DAO). TOP SECRET (BTRFLY) █████ MR ███ █ ████ CLASSIFIED STORAGE CONTROL OFFICER WAREHOUSE 6 INSCOM TO: ███/ ███ ████ FROM: ███/████ █████ SUBJECT: WAREHOUSE 6 - SECTION 7C INVENTORY Welcome to ██████████. I am the ██████████ BTRFLY, the transformative symbol of this initiative - the soul of who we are. Beginning in the larva stage, I was observant and patient, aware that to transform...

DOCUMENT █████-A ORIGIN: PDF FILE DISTRIBUTED DURING RECRUITMENT FOR A DECENTRALIZED AUTONOMOUS ORGANIZATION (DAO). TOP SECRET (BTRFLY) █████ MR ███ █ ████ CLASSIFIED STORAGE CONTROL OFFICER WAREHOUSE 6 INSCOM TO: ███/ ███ ████ FROM: ███/████ █████ SUBJECT: WAREHOUSE 6 - SECTION 7C INVENTORY Welcome to ██████████. I am the ██████████ BTRFLY, the transformative symbol of this initiative - the soul of who we are. Beginning in the larva stage, I was observant and patient, aware that to transform...

For the first time ever, Convex users will be able to collateralize their vlCVX positions, allowing them to earn yield (i.e. bribes) and leverage their assets at the same time. This will be accomplished through a new technical collaboration with Tribe DAO and Redacted Cartel.PirexPirex is a new incentives platform that we’re launching for vlCVX holders that introduces exotic liquidity for bribes and vote escrow tokens. It’s powered by a liquid marketplace for futures notes that provide fluidi...

For the first time ever, Convex users will be able to collateralize their vlCVX positions, allowing them to earn yield (i.e. bribes) and leverage their assets at the same time. This will be accomplished through a new technical collaboration with Tribe DAO and Redacted Cartel.PirexPirex is a new incentives platform that we’re launching for vlCVX holders that introduces exotic liquidity for bribes and vote escrow tokens. It’s powered by a liquid marketplace for futures notes that provide fluidi...

The $BTRFLY treasury bootstrapping event (TBE) will take place on our app at December 15 2021 at 12:00 EST and end either after 48 hours or when all tokens are sold, whichever occurs first. When the auction ends, tokens from the TBE will be eligible to be claimed.In this slight alteration of a Dutch auction, the price is set at a higher value per token than justified to mitigate against bots and descends over time, with the eventual price being settled on once all tokens have been sold. Pract...

The $BTRFLY treasury bootstrapping event (TBE) will take place on our app at December 15 2021 at 12:00 EST and end either after 48 hours or when all tokens are sold, whichever occurs first. When the auction ends, tokens from the TBE will be eligible to be claimed.In this slight alteration of a Dutch auction, the price is set at a higher value per token than justified to mitigate against bots and descends over time, with the eventual price being settled on once all tokens have been sold. Pract...

Not long ago Pirex went live, offering a new range of benefits for CVX / vlCVX holders. In this blog post we’ll outline what those benefits are and why users should consider using Pirex going forward.Current StateLike any good Convex bull would know, CVX holders can get the most out of their position by “vote locking” their CVX in return for vlCVX. vlCVX is an illiquid representation of CVX that is locked for up to 17 weeks. During that period, users can delegate their vlCVX to Votium to rece...

Not long ago Pirex went live, offering a new range of benefits for CVX / vlCVX holders. In this blog post we’ll outline what those benefits are and why users should consider using Pirex going forward.Current StateLike any good Convex bull would know, CVX holders can get the most out of their position by “vote locking” their CVX in return for vlCVX. vlCVX is an illiquid representation of CVX that is locked for up to 17 weeks. During that period, users can delegate their vlCVX to Votium to rece...

vlCVX and its limitationsCVX is the governance token of Convex, a platform built to boost rewards for CRV stakers and liquidity providers. Convex boosts rewards thanks to the large amounts of veCRV that are under its control and the distribution of its CVX token as additional rewards. CVX can be locked for 16 to 17 weeks for vote locked CVX (vlCVX) which cannot be traded or transferred. Therefore, when the market moves, vlCVX holders are unable to exit their positions and realise profits or m...

vlCVX and its limitationsCVX is the governance token of Convex, a platform built to boost rewards for CRV stakers and liquidity providers. Convex boosts rewards thanks to the large amounts of veCRV that are under its control and the distribution of its CVX token as additional rewards. CVX can be locked for 16 to 17 weeks for vote locked CVX (vlCVX) which cannot be traded or transferred. Therefore, when the market moves, vlCVX holders are unable to exit their positions and realise profits or m...

DeFi is about community-driven and logical liquidity allocation. It’s the reason why the Curve Wars raged so intensely last Winter. It’s why we acquired Votemak and why we continue to amass governance power across various protocols. Our goal was, and will always be, to create a systematic and efficient way to allocate bribe rewards. Most importantly, for now, it’s why we’re excited to support and be a part of the third cohort in Tokemak’s C.o.R.E.3. As of tomorrow, protocols can bribe users t...

DeFi is about community-driven and logical liquidity allocation. It’s the reason why the Curve Wars raged so intensely last Winter. It’s why we acquired Votemak and why we continue to amass governance power across various protocols. Our goal was, and will always be, to create a systematic and efficient way to allocate bribe rewards. Most importantly, for now, it’s why we’re excited to support and be a part of the third cohort in Tokemak’s C.o.R.E.3. As of tomorrow, protocols can bribe users t...