Defi App is back with a Vengeance 🗣️
Releasing an app, buybacks, Over $3M for yappers. and $HOME pumping...
Here's everything you need to know about S2 defidotapp🧵
🔮 What is this @defidotapp
• DefiDotApp (Defi App) is a cross‑chain, all‑in‑one DeFi “super‑app” built to bring together decentralized finance tools in a user-friendly interface that mirrors the ease of centralized platforms like Robinhood but with full self-custody and zero gas fees
Start here:
🔮 Staking $HOME
• After the release of the $HOME token, staking was introduced, and it actually offers many real advantages.
• Firstly, you get three times more XP for each of your activities, which is a huge advantage.
• Secondly, participation in governance and more power in it is very cool because they give their community the power to decide.
• Thirdly, there are bigger rewards in the second season, which has already begun, and also faster unlocking of all kinds of rewards.
🔮 App
• Their app will be released very soon. At the moment, little is known about bonuses and so on, but I have looked into a few things.
• The app will have exactly the same features as their platform, namely perps, an overview of your portfolio, and Arena. There will also be Yield.
• Most likely, there will also be some bonuses for using their app.
🔮 S2
• For the second season, 1B $HOME will be allocated in awards ($32M), which is quite a lot.
• Since the app will be released very soon, it will attract new users, which will give more XP
🔮 Buybacks
• Since XP is a protocol revenue and given that the app will be launched soon, I am sure that there will be an increase in liquidity that will give even more funds for Buybacks
• That obviously means an increase in the price of the token and which increases the rewards for both the second season and Kaito rewards
• I think this flywheel they created is brilliant
🔮 Kaito
• 100M $HOME( $3.2M) has been allocated for Kaito, which is big if you take into account the other campaigns.
• I would advise you to focus on this project, especially if you have some bank to buy and stake $HOME.
• Because apparently the airdrop in the second season will be tastier than in the first season
(you don't often see this)
Defi App season one was awesome
i think S2 will be even better.
Lets cook @defidotapp
@doranmaul @0xUxDesign are doing the lords work
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