/biz/ - Business & Finance

>>22488574
>https://twitter.com/SushiSwap/status/1305508124766253058
Can't have sushi without wasabi

site: wasabi.club

What is wasabi?
Wasabi is a unique yield farming concept, which utilizes your LP tokens as collateral to take out loans, while earning both Wasabi and Sushi.
LP tokens represent real liquidity, and are excellent tools to act as collateral. The LP used as collateral earns the normal rate of sushi and earns wasabi as well.

Wasabi Utility
Unlike most yield farm clones; the wasabi token has real utility. Wasabi holders will be distributed 1% par value of all loans, as well as 10% of the incurred interest will be taken by the protocol as fee.
Current Pairs
Wasabi-ETH
Sushi-ETH
USDT-ETH
USDC-ETH
DAI-ETH
LINK-ETH
COMP-ETH
YFI-ETH
UMA-ETH
Socials
* • The restaurant:wasabi.club
* • The lobby:twitter.com/TheWasabiClub
* • The bar:t.me/wasabiclub

Learn More
https://medium.com/@wasabi.mastermind

What is wasabi?
Wasabi is a unique yield farming concept, which utilizes your LP tokens as collateral to take out loans, while earning both Wasabi and Sushi.
LP tokens represent real liquidity, and are excellent tools to act as collateral. This is the first of any project to initialize loans on a yield farm.
Wasabi Tokenomics
In total, there will be only 100,000,000 Wasabi. Wasabi will release 1,000 tokens per block, for the first 50,000 blocks, which will take around 2 weeks to complete. Over the next 500,000 blocks, the contract cuts the release down to 100 per block.
With the Wasabi Protocol, borrowers are incentivized to take out loans and seek their own alpha, while being rewarded Wasabi during the duration of their loan?
Wasabi Utility
Unlike most yield farm clones; the wasabi token has real utility. Wasabi holders will be distributed 1% par value of all loans, as well as 10% of the incurred interest, will be taken by the protocol as fee.
Current Pairs (uni LP and sushi LP):
Sushi-ETH
USDT-ETH
USDC-ETH
DAI-ETH
LINK-ETH
COMP-ETH
YFI-ETH
UMA-ETH
Socials
* • The restaurant:wasabi.club
* • The lobby:twitter.com/TheWasabiClub
* • The bar:t.me/wasabiclub

Learn More
https://medium.com/@wasabi.mastermind

wasabi.club

What is wasabi?
Wasabi is a unique yield farming concept, which utilizes your LP tokens as collateral to take out loans, while earning both Wasabi and Sushi.
LP tokens represent real liquidity, and are excellent tools to act as collateral. This is the first of any project to initialize loans on a yield farm.
Wasabi Tokenomics
In total, there will be only 100,000,000 Wasabi. Wasabi will release 1,000 tokens per block, for the first 50,000 blocks, which will take around 2 weeks to complete. Over the next 500,000 blocks, the contract cuts the release down to 100 per block.
With the Wasabi Protocol, borrowers are incentivized to take out loans and seek their own alpha, while being rewarded Wasabi during the duration of their loan?
Wasabi Utiliy
Unlike most yield farm clones; the wasabi token has real utility. Wasabi holders will be distributed 1% par value of all loans, as well as 10% of the incurred interest will be taken by the protocol as fee.
Current Pairs
Wasabi-ETH
Sushi-ETH
USDT-ETH
USDC-ETH
DAI-ETH LINK-ETH
COMP-ETH
YFI-ETH
UMA-ETH
Socials
* • The restaurant:wasabi.club
* • The lobby:twitter.com/TheWasabiClub
* • The bar:t.me/wasabiclub

Learn More
https://medium.com/@wasabi.mastermind

What is wasabi?
Wasabi is a unique yield farming concept, which utilizes your LP tokens as collateral to take out loans, while earning both Wasabi and Sushi.
LP tokens represent real liquidity, and are excellent tools to act as collateral. This is the first of any project to initialize loans on a yield farm.

Wasabi Tokenomics
In total, there will be only 100,000,000 Wasabi. Wasabi will release 1,000 tokens per block, for the first 50,000 blocks, which will take around 2 weeks to complete. Over the next 500,000 blocks, the contract cuts the release down to 100 per block.

With the Wasabi Protocol, borrowers are incentivized to take out loans and seek their own alpha, while being rewarded Wasabi during the duration of their loan?

Wasabi Utility
Unlike most yield farm clones; the wasabi token has real utility. Wasabi holders will be distributed 1% par value of all loans, as well as 10% of the incurred interest will be taken by the protocol as fee.

(Wasabi pays 10x of sushi, and sushi pays 10x of other pools. Share is computed
globally across all pairs so it doesn't matter too much which of the stable pairs you fiend)
Current Pairs:
Wasabi-ETH
Sushi-ETH
USDT-ETH
USDC-ETH
DAI-ETH LINK-ETH
COMP-ETH
YFI-ETH
UMA-ETH

Socials
• The restaurant:wasabi.club
• The lobby:twitter.com/TheWasabiClub
• The bar:t.me/wasabiclub

Learn More
https://medium.com/@wasabi.mastermind/why-sushi-and-other-lps-need-wasabi-4f5956e06af2

Current developments
SUSHI migration has put SUSHI mining on hold. Once resolve will use LP tokens of Sushi & Uniswap to collateralize
Devs working to improve front-end to better identify strong lending opportunities. Improvement on incentives.

Get the fuck in here boys