ConcaveThe world's best kept secret.
Description
DeFi 2.0, an era branded by its emphasis on protocol owned liquidity. With the introduction of this bonding mechanism, dozens of forks quickly spun up–most offering little to no innovation. This represented a failure to explore a new core building block, the bond primitive. In order to do this ingenious innovation justice, we shall embellish upon, rework, and, in our modest opinion, improve and extend its potential. We see ourselves as trailblazers, cultivators, and inhabitants of the Olympus universe. Our mission is to drive value back to the Olympus ecosystem with our suite of features, policy frameworks, and vibrant community.
We will extend gOHM's utility by (i) backing our own coin with it, (ii) deploying our gOHM backed treasury into strategic opportunities across DeFi, and (iii) building products which revolve around gOHM. Concave’s yield will be determined by revenue generated from bond sales, returns from treasury investments, LP/EV farming, and income from future proprietary products.
In terms of Tools, Concave will offer legacy bonds, locked staking bonds, treasury based cross-chain yield aggregation, and interest free loans. Locked Staking CNV bonds will earn you rewards in real time. The longer the lockup period, the higher the rewards will be. Ownership of CNV will give you the governance power of Olympus alongside other governance tokens.
In terms of Frameworks, Concave will manage its treasury with rigorous investment/treasury management processes and comprehensive risk control levers in order to (i) identify and unite a quality group of assets around OHM, (ii) maximize risk-adjusted returns for CNV holders, and (iii) be a catalyst for positive feedback loops in the ecosystem.
DefiDerivatives