What is five (3.3) that the founder of YFI AC is desperately pursuing?

Andre cronje, founder of Yearn Finance and the Keep3r network, supported his new venture on media ve (3.3). However, so far AC has announced many details about the project, but the actual shield has not been disclosed. The beat editors wrote the following post after writing related information.

AC ventures will partner with Daniele, who has developed successful projects such as Abracadabra.money, Popsicle Finance and Wonderland Finance. ve (3.3) is developed by the protocol-based process services architecture and does not compete with existing functions. In general, ve (3.3) is similar to the group version of Curve, but it is controlled by the process rather than the vendor, which allows the process to control the cost of inflation and ejection. of its own tokens.

The project token is now called ve (3,3), but as you can guess from the diagram below, it will be called "SOLID".

How does the ve (3.3) token exchange process work?

ve (3,3) provides "ve" vote escrow mechanisms such as Curve with the rebase mechanism (3,3) of the DeFi 2.0 protocol similar to OlympusDAO. Users can get bigger and heavier support in legal order by shutting down tokens for a longer period.

As with OHM, the actual cost of the ve protocol (3.3) is less than the cost of the financial data, but the total cost of the token is greater than the cost of the finance token. The higher the exchange rate, the higher the APY of the process. Tokens guaranteed by keys continue to change over time and increase in number, but the number of tokens has also been diluted to some extent. In addition, all costs incurred by the contract are added to the bank.

However, compared to Curve and OHM, ve(3,3) is of particular interest.

For Curve holders, locked veCurves are not for sale and will generally be “lined up” in the user's wallet. However, the "veTokens" of ve (3,3) can be switched to NFTs, which means that sellers can access them commercially, allowing them to handle the traffic. manage tokens to have their second business and sell voting rights.

In conclusion, the value of ve(3.3) still has a token typically driven by the following driver:

1. Lock tokens have been given the right to vote to bring the rebirth distribution into the mining pool.

2. The weekly token issuance will be adjusted according to the electronic equipment, and since the tokens are distributed regularly, the pressure of the issuance will gradually decrease.

3. The number of locked tokens increases in proportion to the shows of the week.

4. Lock tokens can be converted to NFT

5. The smaller the comparison of lock tokens to devices, the smaller the distribution received and the more holders are encouraged to lock their own tokens.

6. Longer locks also produce higher APRs to support longer locks.

KP3R: Rau ve(3,3) heavyweight assistant

In the previous report, AC divides the "value of the asset" where ve (3.3) can be extended to the value of the value without dividing the value in the form of company tokens or fixed coins, thus reducing the sale of corporate tokens.

KP3R (Keep3r Network) is a two-in-one ERC-20 token with two revenue streams, the current "value proposition" of the project where Andre Cronje accumulates commission value.

1. Cost of FixedForex Platform: FixedForex is similar to Curve, but primarily focused on the Forex market with a potential potential of almost $ 1,000 billion. In 2022, as more players from around the world join the crypto world, the demand for stable markets linked to more earnings may continue to rise, causing prices to rise.

2. The platform of the Keep3r network is divided into: The Keep3r network generally provides coverage for various purposes, allowing certain activities to be sent to third parties.

The KP3R will soon be updated and comply with the ve (3.3) standard. ve (3.3) recognized by AC is testing KP3R and should be released this week.

In the new model ve (3.3), the number of vKP3R does not decrease over time, thus encouraging more holders to close their positions. Users must be logged in to receive the distribution. Increase KP3R and get vKP3R back.

In the article "Curve War Upgrade CVX Battle, Cool Power Struggle Continues", it is noted that Convex has turned the Curve War into a war against Conevx by providing more revenue and more standard developers like Frax Share are joining. . And KP3R, which is based on the industry standard tokens and five (3.3) new tokens, will also participate in this battle and win.

Lots FTM and KP3R

According to a new article from AC, these tokens on ve (3.3) cannot be bought in public stores and are distributed on the top 20 sites according to TVL on the public channel Fatom.

So end users who want to capture the value created by ve(3,3) have only two options.

1. We hold tokens of the top 20 processes in FTM and FTM.

2. Sib KP3R

According to Miles Deutscher, TVL will grow as all top positions in the community system begin to compete for the rule of law. And new projects will be attracted by this and increase the potential of the ecosystem. Without a doubt, the token distribution strategies developed by ve (3,3) will be preferred over FTM and KP3R, and the future performance of the Fatom ecosystem is also of note.