Rari Capital’s Week #30 Newsletter
Under the hood of Rari Capital this past week.
You have arrived at the 30th Rari Track! This is my opportunity to share with the Rari Capital Racers and the overall ecosystem everything we have been up to this past week. Rari Tracks are designed to inform the community of the latest news, product launches, governance proposals, and more! If you are interested in learning more about Rari Capital, follow our Twitter and join our Discord.
Give it a read and reach out with any questions! 👏
Summary
- TVL over $670,000,000
- New Fuse Pools: Gelato (G-UNI)
- Fuse Pools coming soon: NFTX, Yam
- Tetranode’s Locker passes $400,000,000 in supplied liquidity
- Arbitrary liquidity mining per Fuse pool
- Permissionless pool deployment
💸 Financials (at time of writing):
Fuse Real-Time Dashboard: https://metrics.rari.capital/d/NlUs6DwGk/fuse-overview?orgId=1&refresh=5m
- TVL: $671,158,955
- Unclaimed fees (Fuse): $332,000
- Unused reserves (Fuse): $227,000
- Estimated monthly fees (Fuse): $309,000
- Staked ALCX: $41,100
- Total RGT supply: 12,500,000
- USDC Pool APY: 34.39%
- DAI Pool APY: 29.92%
G-UNI Pool
This week, we are super happy to announce the launch of the Gelato Network Fuse Pool! G-UNI tokens are tokens built on top of Uniswap V3 pairings that auto-compound. Since the LP process on Uniswap V3 is more capitally efficent than Uniswap V3 but more confusing to the user, G-UNI speacializes in creating the V2 experience on the V3 layer. V3 LP positions are wrapped into fungible and tradable tokens that are now being used as collateral within a Gelato Network managed Fuse pool! If you would like to read more about this integration, here is an information guide: https://medium.com/gelato-network/g-uni-rari-fuse-pool-is-now-live-5059d3a4a9b0
Fuse Pool: https://app.rari.capital/fuse/pool/28
Upcoming Fuse Pools
This coming week, we are stoked to announce a Fuse pool created and managed by NFTX: providing liquid tokens as representations of NFTs. This will be the first implementation of NFT strategies within the Fuse protocol!
Arbitrary Fuse Liquidity Mining
As announced in previous posts and during community calls, we will soon be enabling liquidity mining capacity for all Fuse pool owners! What does this mean?
Starting soon, pool owners can choose to liquidity mine their own pool and set the exact parameters they want! We will be releasing a new version of the app.rari.capital portal to reflect liquidity mining and provide information necessary to users who are interacting with pools that are distributing rewards.
Permissionless Fuse Pool Creation
Fuse has been in a guarded launch phase since the March 2021 launch, and we are just about ready to remove the guard rails! Today during our community call, we shared a live demo of the permissionless pool deployment process and expect to see this new feature shipped very soon! Users will soon be able to generate their own pools without having to go through a governance process. This will open Fuse up to endless possibilities and provide lending/borrowing pools for many tokens in the DeFi ecosystem!
Education Task Force
During our most recent community call, Dom (contributor), outlined his vision for the education task force to provide resources for current DeFi users and the next generation of users to join this ecosystem. Educational content will cover everything accross the board from macro economic topics all the way to Rari Capital. If you are interested in learning more and contributing, please join our Discord and introduce yourself in the #Education channel!
Thanks for reading, and I hope you have a great week!
→ Jack (Twitter: @JackLipstone)
Follow us on Twitter: @RariCapital
Read it first on Medium
Become a Rari community member on Discord
Join the discussion on the Forum
The information provided in this Medium Post pertaining to Rari Capital,
Inc. (“Rari Capital” or the “Company”), its crypto-assets, business assets,
strategy, and operations, is for general informational purposes only and is not
a formal offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction and its content is not prescribed by securities laws. Information contained in this Medium Post should not be relied upon as advice to buy or sell or hold such securities or as an offer to sell such securities. This Medium Post does not take into account nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person. Rari Capital and its agents, advisors, directors, officers, employees and shareholders make no representation or warranties, expressed or implied, as to the accuracy of such information and Rari Capital expressly disclaims any and all liability that may be based on such information or errors or omissions thereof. Rari Capital reserves the right to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide the recipient with access to the amended information or to notify the recipient thereof. The information contained in this Medium Post supersedes any prior Medium Post or conversation concerning the same, similar or related information. Any information, representations or statements not contained herein shall not be relied upon for any purpose. Neither Rari Capital nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this Medium Post by you or any of your representatives or for omissions from the information in this Medium Post. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed in this Medium Post.
