26th of January 2022
Rejoice Farmers! A new order is rising.
We at Lydian are pleased to announce the launch of a revolutionary protocol on the Stacks blockchain.
Over the past few years, we have seen several major DeFi breakthroughs. Different protocols have explored different possibilities and are driving the crypto space forward, often resulting in great success. Now it is our time.
With Lydian, we have drawn inspiration from these various breakthroughs and innovations in token-economic design and are using this knowledge to kickstart a new movement on Stacks. Yield Farming, the practice of earning an income by supplying liquidity in digital assets, is the main focus for Lydian. We will collect a huge treasury and use it to procure the best yields on the market. The token holders of Lydian will share in these profits through a smart economic incentive mechanism. The focus lies on sustainability and the long-term health of the protocol, governed by its proponents.
Lydian’s protocols will operate on the Stacks blockchain. Stacks is the ideal candidate to provide efficient security and finality in protecting transactions conducted within the ecosystem. Our software engineers have been hard at work to meticulously develop a safe and profound protocol that will grow into a durable and valuable component within the Stacks ecosystem.
At this time, our contracts are undergoing a thorough auditing phase conducted by some of the industry’s leading auditors. Internally we are testing the various stages of our launch. In due time, we will reveal additional information about Lydian and the various dynamics that will play out. For those of you who are extra curious, our docs already provide some hints at how the protocol will operate.
Keep an eye out for more news regarding Lydian through our social channels. It is absolutely crucial that you follow us on Twitter and join our community on Discord.
