yyy
yyy|May 30, 2025 23:43
Not long ago, I had high expectations for the defi ponzi disks on the @ SonicLabs and @ berachain chains, but the reality is that the bear chain TVL has been halved in just one month, and the flywheel has completely failed; The DeFi opportunities on the Sonic chain are gradually being abandoned by the market. @Although there have been many phenomenon level native DeFi protocols on the SonicLabs chain, such as (3,3) DEX @ ShadowOnSonic, liquidity management protocol @ SwapXfi, revolving loan protocol @ eggsononic, etc. But liquidity is fragmented among these dapps. The solution of liquidity fragmentation between different dapps forms the prototype of @ AtlantisOnSonic. Atlantis is a native one-stop Defi platform on the @ SonicLabs blockchain, covering the entire lifecycle of tokens: from token issuance to Launchpad, native v4 DEX, and asset management Vaults. In other words, the purpose of this protocol is to unify liquidity within the protocol, allowing each function's corresponding operation to feed back into the protocol itself, forming a closed loop. Compared to other Dapps on the Sonic chain, @ AtlantisOnSonic adopts a more aggressive approach in terms of startup mode. The vast majority of Defi protocols prioritize product development and accumulate a certain amount of TVL before issuing tokens. Atlantis, on the other hand, prioritizes token development and issues native tokens as a testing ground for product functionality. The native token AQUA is launched fairly within the protocol's Launchpad based on the "Farming Fair Launch" mode. After the public sale, liquidity is generated on v4 DEX, and the transaction fees generated on DEX are returned to the community (i.e. AQUA/xAQUA stakers) through Treasures/Vaults. What is Farming Fair Launch? Farming+Fair Launch is a token issuance that adds the attribute of earning profits through farming on the basis of fair launch. AQUA's launch is aimed at all community users: there are no private placements, no whitelists, and no exclusive quotas. Under the farming mechanism, all funds participating in the public sale can generate returns from the investment, and a total of 1% of xAQUA of the total token supply will be distributed as farming rewards. The earlier you invest, the more farming rewards will be generated for xAQUA. XAQUA is AQUA's lock up token, which can be exchanged for AQUA at a 1:1 ratio after the 3-month lock up period ends, or at a 0.5:1 ratio after the 15 day lock up period ends. XAQUA also serves as the equity certificate of the protocol, and holders can pledge to Treasures to receive a 25% revenue sharing of the protocol, or choose to pledge to Vaults to receive a native token sharing of other projects launched on the Atlantis platform's Launchpad. The AQUA public sale period starts at 3:00 PM UTC on May 31st and ends at 3:00 PM UTC on June 4th, lasting for 4 days. A total of 15% of the total token supply will be sold, with the goal of raising 1.6 million tokens. The initial market value is 1973210 tokens, approximately $760000. If the predetermined fundraising target is not reached, the excess token shares will be destroyed. Note: The anonymous Defi project carries great risks, and this tweet only provides project introduction without any investment advice. Dyor.
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