Summary.
3 seeks whitelisting so that it may maximise its boosted rewards for both its future user base and its own protocol to protocol activities in pursuit of its own ambitions and goals as described below.
Background.
3.finance is a monetary theory experiment, showcasing how DeFi will change society at its deepest of foundations. We refer to the ability to transact:
The ability to transact is the bedrock of commerce.
Commerce is the foundation on which society thrives.
We build on DeFi because it is the ONLY financial environment that defends our right to transact by DEFAULT. A right, more and more of us are realising is being threatened today.
By challenging the monetary theory by which society stands, and from within DeFi, we create the checks and balance necessary to safeguard our right to transact and participate in world commerce. We challenge; by proposing ‘stable’ currencies be backed by the productivity and reserves of a protocol, NOT the taxation of world populations.
Our goal is to establish a true, DeFi native, reserve currency, built on DeFi primitives, principles and values. A stable not pegged to another, nor reliant upon the collateralization of assets; enabling it to become truly sovereign unto itself.
3’s Solutions.
As they pertain to Stake DAO specifically.
Accessible today:
-
sdCRV Compound Deposit Pool (CDP).
As loved as auto-compounders are, 3’s CDPs introduce Signals; the ability to diversify from within a compound engine. Signals redirect reward flow to build positions in other CDP assets without withdrawing principal investments. This is referred to as Boosting. The option to return to a ‘Self-Compounding’ state is always present. -
sdCRV NFT Engine.
Self-Compounding and Boosting have their uses, but when the time comes to diversify into Stables, 3’s NFT Engines act to liquidate segmented compounding rewards without halting or withdrawing principal investments or their activities. 3’s NFT format also allows for secondary bulk-OTC markets to develop atop the sdCRV token. -
sdCRV and SDT GuildSwaps integration.
The Guild is 3’s asset acquisition arm. Accepting assets our protocols use to spin-up its own internal flywheels in return for GUILD and 3Fi. Assets acquired by The Guild are passed to The Grove (another of our protocols), where assets are deposited into our own CDPs and used for compounding (asset growth) and/or cashflow (protocol revenue).
How tokens are acquired and used:
(Please DYOR before engaging with GuildSwaps.)
sdCRV is purchased at CRV’s market price.
Payout is in GUILD (equal to market value) and 3Fi tokens (3’s premium over market value).
SDT is purchased at its own market price.
Payout is in GUILD (equal to market value) and 3Fi tokens (3’s premium over market value).
SDT is for all intent, permanently locked within 3 and will be used to boost Stake DAO related pools we integrate on 3.