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Last updated 4 days, 19 hours ago
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Last updated 3 months ago
From air rights to real estate, whiskey and energy, the world of tokenized assets is expanding rapidly with $3.9B brought onchain this year alone.
Our latest research report, with contributions from projects like Ondo Finance, Maple Finance, Centrifuge, Securitize, Backed Finance and Stellar Foundation, analyzes 30 projects driving the Great Tokenization across diverse sectors, showcasing how unique real-world assets are being brought to the blockchain in unique ways.
We know you are wondering wen token, but you should probably get an idea of the utility behind the tokens of Tren first.
TrenUSD - A synthetic dollar used to facilitate borrowing, with safety mechanisms to maintain its peg:
Borrowing
Users can borrow TrenUSD against collateral, with an interest and fee structure incentivizing responsible borrowing.
Staking
TrenUSD can be staked in the Stability Pool to earn a share of the protocol's revenue streams from liquidations and other fees.
TREN - Our native value accrual token:
GovernanceBy locking TREN into veTREN, users can earn enhanced voting power and yield based on the duration of the lock-up.
Staking rewardsFollowing TGE, a base yield will be given to stakers of the stability pool, with the yield being paid in TREN.
Fee PaymentTren is used to pay for various services like pool verification fees.
Need a testnet code? We got you covered. First come, first serve:
I6G4M
I0U3G
Q4P7X
U3D7W
Q9Z8M
Access now: https://testnet.tren.finance/
testnet.tren.finance
TrenFinance
TrenFinance – TrenFi – is the DeFi Application based on Tren Finance.
Soon anyone will be able to create their own modules for new assets using our permissionless modules by allocating trenUSD. However, these modules won't be secured by the Stability Pool unless a proposal is submitted and accepted by the TrenDAO.
You will be able to propose for both new and existing modules to get trenUSD allocation and security.
Flash loans allow users to access liquidity from an entire lending pool without requiring collateral.
The key condition? The borrowed amount, plus fees, must be repaid within the same transaction block. If not, the transaction is reversed, ensuring the lender incurs no loss.
Flash Minting is similar to flash loans, however it involves minting tokens within a single transaction block, with the requirement that they are burned by the end of the same transaction.
dApps can utilize Flash Mint to enhance their functionality, enabling advanced financial operations such as arbitrage, collateral swaps, debt refinancing, and liquidations.
Tren will enable users to mint trenUSD through Flash Minting, providing instant liquidity without needing to put up collateral. This feature will open up new possibilities for our users to explore more complex DeFi strategies
TREN is the value accrual token of Tren Finance with a fixed supply of 1 billion tokens.
But what about veTREN?
What is veTREN?
veTREN stands for "vote-escrowed TREN." It's a special version of TREN that you get by locking your TREN tokens for a set period.
The longer you lock, the more voting power and rewards you earn.
Why Lock TREN for veTREN?
Locking your TREN tokens for veTREN aligns your incentives with the long-term success of Tren Finance. It encourages active governance participation and investment in the protocol's future.
Enhanced Value Accrual
While TREN holders accrue value through TREN token burns, veTREN holders also receive a share of protocol revenue, including borrowing fees accrued by the protocol.
Unlike typical lending market tokens, veTREN holders benefit from the full spectrum of supply-side interest without having to share these profits with traditional depositors.
Governance Power
With veTREN, you get enhanced voting rights. This means you can help shape key protocol decisions, such as new asset listings and changes to existing features
Token Burn and Return
When the lock-up period ends, veTREN is burned, and your original TREN tokens are returned. This keeps the TREN token supply deflationary in the long-run, and rewards long-term commitment.
Want to dive deeper? Learn more about how veTREN works through our documentation
Hooks enable customizable smart contracts within our isolated modules, optimizing collateral usage through automated strategies.
They automate investment strategies, allowing for auto-compounding of yields and reinjecting them back into your position to maximize returns effortlessly.
With Hooks, you can engage in staking and farming while using deposited tokens as collateral for loans or leverage positions. This dual functionality enhances capital efficiency, making your assets work harder for you.
Traditionally, users had to choose between unlocking capital by depositing LP tokens or staking them for rewards. Hooks eliminate this trade-off, allowing both actions to coexist seamlessly.
Many money markets don't accept LP tokens as collateral because they need to be actively staked for rewards. Hooks address this limitation, enhancing liquidity and utility by allowing these tokens to be used as collateral while still earning rewards.
Hooks can be simple or complex, ranging from staking tokens on another protocol when deposited as collateral, to algorithms that automatically identify and aggregate the highest yields based on chosen strategies.
This means there can be multiple isolated modules for the same asset, each tailored to different yield-generating strategies.
Tren has been selected to be apart of the first cohort for Mode Network’s Yield Accelerator.
Click the link below to read about what this means for you:
CDP protocols, like Tren Finance, allow users to lock up their assets as collateral to borrow a stablecoin. In our case, trenUSD. This provides more predictable liquidity and stability.
On the other hand, lending platforms enable users to earn interest by supplying their assets into pools. These pools provide liquidity for others to borrow against by posting collateral, facilitating peer-to-peer money markets.
When assets are deposited into a lending pool, they not only earn interest for the depositor but also provide the necessary liquidity for borrowers. This ensures that the protocol has a steady flow of assets to meet borrowing demands
Unlike CDP protocols, lending protocols can lack capital efficiency as they require demand for users to supply assets, creating imbalances. This becomes even more apparent when long-tail assets are involved, as demand can be highly variable.
A key benefit of CDP protocols is their ability to maintain stability in volatile markets which is vital for the range of asset types we will look to have. By locking up assets as collateral, users can generate trenUSD without relying on fluctuating market demand.
3% yield not cutting it when staking on Lido?
If only there was a place you could get up to 10x leverage to amplify your returns… ?
The official Yescoin™
Probably something.
Play🕹️: @realyescoinbot
Player support: @yescoincare
Business: @advertize_support
Last updated 4 days, 19 hours ago
The village was built by UXUY with hard work and was incubated and invested by Binance Labs.
Every Bitcoin wizard 🧙 has a @UXUYbot:
- ⚡️ Bitcoin Lightning Support
- 0⃣ TX Fee for fast transfers
- 🔒 Relying on the security of the BTC network
Spin, Attack, Raid friends and Build on your way to an Empire.
Collect Coins and Stars for Airdrop! @robincoin_bot
Last updated 3 months ago