Briefly, Redacted Cartel is a layer4 of Curve finance. Curve finance, known for “curve war”, is a central bank of Defi, where u can deposit your net worth to decide which protocol can “print money” so that u can benefit from it. In other words, Who control the curve, control the money flow. Because of this, so many protocols like Frax finance, Votium, and convex finance started to give bribe to the depositors, and are willing to obtain the power of issuing money. That’s the quick definition for curve “layer 2”, but what is “layer 3”or even “layer 4”? Actually, it’s simple understand the l4 when u know the meaning of l2. l1 is the Curve. The "L2s" built on top of it, scaling Curves influence, are yield aggregators such as Yearn. However, due to the economic incentives tied to the protocol, the layers keep going. It has been expanded to l4, and [REDACTED] Cartel might be the first protocol of L4.

So what does [REDACTED] bring to the picture? Why is it Curve’s L4?[REDACTED] Cartel is a yield-aggregator’s yield-aggregator and the snapshot’s snapshot.

Like a baby in the womb, [REDACTED]’s identity is still evolving from its initial network state. Just like u know, [REDACTED] is an OHM fork, and BTRFLY is the name of its rebasing governance token. Further more, its treasury will bond CRV and CVX tokens in exchange for BTRFLY. Minting off of gOHM and expanding out into other influential governance tokens are also on the horizon.

In addition to driving vote distribution, [REDACTED] can be an efficient vote-pricing machine—a kind that’s never quite existed before in DeFi. In the same way that [REDACTED] is forking OHM to focus on governance tokens, [REDACTED]’s design might spawn forks that focus on other governance tokens.

Suggesting some nomenclature for this: a la OHM’s liquidity-as-a-service business model (LaaS), [REDACTED] could serve up voting-efficiency-as-a-service, which provides a fortuitous acronym for the Curve space.

https://app.redactedcartel.xyz/stake

Momid777, a mfer