TL;dr: https://www.edamame.fun/
Community Rewards: 50% of EDA, our Berachain native token, will be distributed as rewards, primarily to eBERA, our flagship vault on Berachain. Rewards will be distributed through multiple seasons and mechanisms.
Being an EARLY Bera: Before eBERA goes live, you can participate in EDA Points Season 1 by becoming a D2 Ranger, joining a D2 Ranger Squad, or joining a D2 Partner Squad (details below).
Ranger Squad NFT Airdrops: D2 Rangers will receive NFTs to distribute to their squad about one week before the Berachain mainnet launch.
Objective: If you help to increase the overall pie (D2 Strategy Vault deposits) you get a bigger slice of EDA rewards.
To learn more about eBERA:
https://medium.com/@D2.Finance/berachain-was-inevitable-eda-will-be-game-changing-328990394da0
What problem are we trying to solve?
- Jeeting: Most airdrop recipients abandon projects post-airdrop.
- Fractionalized Airdrops: Small / irrelevant airdrops to many wallets often result in a negative sentiment rather than positive community engagement. If you join the right squad you have a chance to have a meaningful airdrop.
- Inequitable Reward Systems: Traditional point systems tend to reward a few users with parasitic strategies, rather than give more upside to long-term stakeholders.
- Ranger Power: Long-term stakeholders, D2 Rangers (average tenure of 9 months), D2 Partners ( many announcements in following months) are better suited to handpick airdrop receivers than any algorithm.
- Compliance: A compliance and tax friendly mechanism to distribute a portion of fees generated in Arbitrum, from funds accessed by d2.finance, to D2 Rangers in line with existing tokenomics
https://medium.com/@D2.Finance/xd2-wars-real-yield-more-yield-power-7a9a221658e5
https://medium.com/@D2.Finance/xd2-improving-on-the-liquid-staking-model-867642d31670 - Being tier 1 exchange listing friendly: “Significant token allocation reserved for community users (airdrops, community rewards, and more)” https://www.binance.com/en/support/announcement/calling-for-project-applicants-95b023902fef42e6a630425170460656
How to Participate and Earn EDA
https://www.edamame.fun/ is live! Check out the high-level details on the homepage. The leaderboard will be gradually upgraded, and no wallet connection is required… for now.
Steps:
- Join the D2 Finance Discord: https://t.co/DmmiXJX9nM
- Find a D2 Ranger and join their squad, alternatively you can become a D2 Ranger by holding 50,400 xD2, or join a D2 Finance Berachain partner squad (list to be published when finalized).
- Ranger Squads will have a separate channel in discord to register and manage the team
- Deposit Funds into one of the D2 Finance Managed Strategy Vaults, stay tuned for deposit dates:
- ETH++
- ARB++
- dgnETH
- d2ETH, D2USDC
4. Up to 169 wallets will receive the airdrop (assuming 20 Ranger Squads)
- 20 Rangers
- 80 Ranger Team members
- 69 Partner Squad wallets
6. Based on total xD2 holding and vault deposits, the top 10 squads will receive proportional airdrop.
Airdrop breakdown mimics the Formula 1 Points system:
- 1st Place: 24.75%
- 2nd Place: 17.82%
- 3rd Place: 14.85%
- 4th Place: 11.88%
- 5th Place: 9.90%
- 6th Place: 7.92%
- 7th Place: 5.94%
- 8th Place: 3.96%
- 9th Place: 1.98%
- 10th Place: 0.99%
FAQ
- Benefits for a Ranger:
Boost your EDA allocation if squad members hold xD2 or deposit in D2 vaults (and you are in the top 10).
Example:
- A Ranger has $50k in xD2
- Squad Member 1: Acquires $10k in ARB++
- Squad Member 2: Acquires $30k in xD2
- Squad Member 3: Acquires $5k in dgnETH
- Squad Member 4: Acquires $5k in dgnETH
The Ranger Squad has 100k USDC worth of eligible assets.
Say this is enough to be third on the ranking, the example squad will receive 14.85% and the Ranger would get half of it (7.425% of the airdrop destined to the squads)
2. Benefits for Ranger Squad:
Squad members receive EDA airdrops based on their squad Rank and their contribution to the team.
Assuming same example of 7.425% of the total airdrop:
- Squad Member 1: 1.49%
- Squad Member 2: 4.46%
- Squad Member3: 0.74%
- Squad Member4: 0.74%
That is, if you manage to join a well Ranked team, you have amplified upside.
3. Squad NFT eligibility:
Ideally the system allows new users to check out D2 Finance strategies, but Rangers can allocate squad NFTs to existing xD2 holders or vault holders to boost their EDA airdrop.
WEN:
Season one ends about one week before the Berachain mainnet launch. You will need to finalize your squad by then. As default D2 Rangers at that date will get 4 NFTs with their discord nickname as name of the squad.
5) Vaults Available During Quest:
ETH++, ARB++, dgnETH, d2ETH, D2USDC will be open for deposits and all have the same 1x multiplier.
That will change once eBERA will be Live.
6) Ranger strategies:
- Rangers can choose to keep NFTs for future seasons if they don’t find suitable candidates for their squad.
- Rangers can technically sell NFTs, but its squad would not increase their rank if the receiver doesn’t invest in D2 products.
- If you do not form a squad your slice will likely get diluted, but the Pie is potentially bigger, so you could benefit in a completely passive approach
7) Joining Another Ranger Squad:
Rangers can choose to partner with another Ranger, but if the squad captain is no longer a Ranger, they will lose their points.
8) Becoming a Ranger from a Squad:
If you join a Ranger squad, as long as the Captain is still a Ranger by the end of Seasons 1, you can become a Ranger with the original requirement reduced by half (thus 25,200 xD2 requirement).
11) Finding a Team:
Rangers can connect with first-hand connections or check periodically published lists of potential team members based on on-chain positions.
You can see Rangers as Holders of token placeholder gov token before will work on proper Ranger NFT post Berachain mainnet
https://arbiscan.io/token/0xfe8bf58f247ff41a3f26450f821a2ec16ca1f36e#balances
12) Joining a Ranger Team:
Join the Discord, where Rangers have a role and will have separate channels for team formations.
You can see current Ranger addresses holding the D2 DAO governance voting token here https://arbiscan.io/token/0xfe8bf58f247ff41a3f26450f821a2ec16ca1f36e#balances
13) Join our AMA in early June for more questions, this FAQ will be gradually updated.
Time of the AMA TBC as we expect good news from devs
D2 Finance replicates a top tier multi-strategy hedge fund, 100% on-chain, 100% non-custodial. Merging the sophistication and risk management of traditional finance with the innovative technology and opportunities of DeFi.
D2 Finance offers a robust suite of institutional-grade managed strategies within our innovative, non-custodial single-click vault architecture. Our strategies are designed to maximize returns by balancing risk and reward efficiently, drawing on our team’s deep expertise in hedge fund management and derivatives, while leveraging unique opportunities in the digital asset space.
For more details and to join this groundbreaking venture, visit our website and join our community on Discord and Twitter.
Website | Twitter | Discord | Medium | Docs
Disclaimers
Performance Disclaimer:
The indicative ROI/APY shown in the d2.finance front-end is not guaranteed and is subject to market risk. The strategies are not risk-free, and some epochs may result in a negative return. Further details and protocol incentives can be found in https://gitbook.d2.finance/. While the information contained within the website is periodically updated, no guarantee is given that the information provided in the website is correct, complete, and current.
Product Disclaimer: Test Phase and High Risk Investment
Please be aware that the eBERA token and its associated products are currently in a testing phase. This phase is designed to evaluate and improve the system’s functionality, and as such, it carries inherent risks. Investments in this phase are highly speculative and should be considered high risk. Potential investors should be prepared for the possibility of losing their entire investment.
User Certification and Legal Compliance
By interacting with our smart contract, you, as the user, certify that you are legally permitted to invest in such instruments in your jurisdiction. It is your responsibility to ensure that your participation complies with local laws and regulations. We do not assume any responsibility for the unlawful use of our product in any jurisdiction.
Sophistication Requirement*
Participation in our strategies is intended for individuals who meet certain financial criteria that classify them as high net worth or sophisticated investors. The definition of a high net worth or sophisticated investor varies by jurisdiction, but generally includes individuals with significant experience in financial and business matters, making them capable of evaluating the merits and risks of prospective investments. Investing in advanced financial strategies carries inherent risks, including the potential loss of capital. Prospective investors should be fully aware of these risks and are advised to conduct thorough due diligence.
No Guarantee of Returns
Investing in start-ups and decentralized finance instruments involves significant risks. We do not guarantee any return on investment (ROI) or annual percentage yield (APY). The performance of these investments can be volatile, and past performance is not indicative of future results.
Independent Analysis and Due Diligence
We strongly advise that you conduct your own independent analysis and due diligence before interacting with the Vualt token. The information provided regarding ETH++ and related products is not intended to be, and should not be construed as, financial advice. On the same level to interact with other LSD derivatives.
Changes and Updates
Please note that the features, terms, and conditions of Rodeo++ and its secondary market on Camelot may change. Stay informed by reviewing our documentation regularly.
Acknowledgement of Risks
By proceeding with the investment, you acknowledge that you understand and accept the risks associated with high-risk investments, start-ups, and decentralized finance (DeFi) products.
General Disclaimer for D2.Finance services
Understanding the Agreement: By engaging with d2.finance, you acknowledge and accept the terms and conditions outlined in this agreement. Before proceeding, please read these terms carefully. By electronically interacting with Vaults token, you are acknowledging that it is as legally binding as if you had signed it manually. This means you fully accept the terms and conditions contained herein.
Updates to the Agreement: d2.finance may periodically update this agreement. We encourage you to regularly check for any changes or updates to these terms. Your interaction with Vault tokens implies your acceptance of the revised agreement. If you disagree with any of the terms, please refrain from interacting with vault tokens
Service Limitations: It is important to note that d2.finance does not directly provide services to the front-end interface. Instead, any actions related to our smart contracts should be considered under the terms and conditions of Camelot’s agreement. Please refer to Camelot’s terms for more specific details regarding these interactions.
Risk Acknowledgement: Swap Vault’s tokens involve significant risks. This includes the potential for complete loss of value of any property or cryptocurrency, as defined, that you deposit into the Vault. We urge you to consider these risks carefully before interacting with our Vaults token.
Your Responsibility: Your decision to use the Vault and engage with d2.finance’s services is your own. We advise you to exercise caution and consider your individual circumstances before proceeding.
Geographical restrictions: Residents or citizens of Antigua and Barbuda, Algeria, Australia, Bangladesh, Bolivia, Belarus, Burundi, Myanmar (Burma), Cote D’Ivoire (Ivory Coast), Crimea and Sevastopol, China, Cuba, Democratic Republic of Congo, Ecuador, Hong Kong, Iran, Iraq, Liberia, Libya, Mali, Morocco, Nepal, North Korea, Paraguay, Somalia, Sudan, Syria, Switzerland, United Kingdom, United States, Venezuela, Yemen, Zimbabwe or any other country to which the United States, the United Kingdom or the European Union embargoes goods or imposes similar sanctions (collectively, “Restricted Territories”) are not permitted in any capacity to interact with our vault token
