Revault's first AMA after the acquisition by Quantum Economics is coming up on Monday, May 1st, 18.00h UTC.
Join us as we explore the finalization of the acquisition and the plans for the upcoming weeks and months. We will be joined by Layered Cake Protocol CEO Maddy Rich, CTO Vlad Tarasenko and of course Quantum Economics CEO Mati Greenspan.
Mark your calendars! 📆
📣 Revault AMA 📣
Monday, May 1st
18.00h UTC
Join us as we explore the finalization of the acquisition and the plans for the upcoming weeks and months. We will be joined by Layered Cake Protocol CEO Maddy Rich, CTO Vlad Tarasenko and of course Quantum Economics CEO Mati Greenspan.
Mark your calendars! 📆
📣 Revault AMA 📣
Monday, May 1st
18.00h UTC
Korra Finance Announcement
Revault's first AMA after the acquisition by Quantum Economics is coming up on Monday, May 1st, 18.00h UTC. Join us as we explore the finalization of the acquisition and the plans for the upcoming weeks and months. We will be joined by Layered Cake Protocol…
Please note the time change. Sorry for any inconveniences.
We are live within less than 5 minutes!
Join the acquisition AMA with Maddy, Vlad and Mati in our group chat and get your questions out after getting the update on Revault's newest developments!
📆📆 https://t.me/revaultnetwork 📣📣
/JOIN_VC
Join the acquisition AMA with Maddy, Vlad and Mati in our group chat and get your questions out after getting the update on Revault's newest developments!
📆📆 https://t.me/revaultnetwork 📣📣
/JOIN_VC
Telegram
Korra Finance
We've evolved to Korra Finance!
(Previously Revault Network)
Linktree: https://linktr.ee/korrafinance
Website: https://korra.finance
Discord: https://discord.gg/korrafinance
Twitter: https://twitter.com/KorraFinance
(Previously Revault Network)
Linktree: https://linktr.ee/korrafinance
Website: https://korra.finance
Discord: https://discord.gg/korrafinance
Twitter: https://twitter.com/KorraFinance
Acquisition AMA 2023-05-01
Revault
The recording of Monday's acquisition AMA with Maddy, Mati and Vlad.
A text summary in simple English follows next week.
A text summary in simple English follows next week.
📆 *REMINDER* 📆
Join us for our Tokenomics discussion with a new face, Ryan Souri, who will help with integration.
Goal is to find actionable solutions to stabilize REVA's tokenomics and make the platform futureproof in this regard.
The voice chat starts in 30 minutes at 13:00 UTC and will be recorded and later summarized in simple English.
Join us for our Tokenomics discussion with a new face, Ryan Souri, who will help with integration.
Goal is to find actionable solutions to stabilize REVA's tokenomics and make the platform futureproof in this regard.
The voice chat starts in 30 minutes at 13:00 UTC and will be recorded and later summarized in simple English.
Tokenomics Discussion 2023-05-16
Revault
The recording of today's tokenomics discussion.
A text summary in simple English will follow.
A text summary in simple English will follow.
Revault Tokenomics Discussion 2023-05-16 Summary
Maddy (Layered Cake Protocol's CEO) says the tokenomics need to be changed to create new income streams for Revault. He proposes vaults to have a 1% yearly fee based on the amount deposited, so a whale with $1 million in value in a vault would pay $10k per year to use the platform. That 1% as well as 10% of the profits from the vault will go to the foundation. These funds will be used to pay developers, advisors and eventually a sales team that brings in money managers and institutional investors.
He says we also need to look at emissions and who (vaults, LPs, stakers, treasury, foundation) gets how much REVA again. Vaults need to be used more and need some love.
Vlad (Layered Cake Protocol's CTO) is implementing small upgrades to the website, fixes bugs and learns about the smart contracts.
Mati (Quantum Economics CEO) and Boink (Revault DAO council) discuss: Buy/sell transaction taxes were removed to list on a CEX. This will not happen in the near future, so we need to bring taxes back.
Maddy argues changes to tokenomics can only be effective, if we add utility to the token and Revault is developed further.
Ryan Souri from Usher introduces an affiliate program that can be used for Revault. It uses website tracking and/or wallet tracking to pay out referrals.
Maddy proposes the emissions need to be halved earlier than the scheduled August 4th.
Mati and Boink then discuss how to keep a larger portion of emissions on the platform. Mati suggests staking the treasury tokens. This reduces everybody's staking rewards by 20%. Boink says a cleaner solution would be to increase the emissions to the treasury at the cost of the stakers (and LPs) instead.
Mati considers 75% in favor to be the minimum to pass these upcoming proposals.
Maddy will create a model to be able to test changes to the tokenomics and come up with a proposal based on that. This way all DAO members can easily understand what the suggested changes will do.
Maddy (Layered Cake Protocol's CEO) says the tokenomics need to be changed to create new income streams for Revault. He proposes vaults to have a 1% yearly fee based on the amount deposited, so a whale with $1 million in value in a vault would pay $10k per year to use the platform. That 1% as well as 10% of the profits from the vault will go to the foundation. These funds will be used to pay developers, advisors and eventually a sales team that brings in money managers and institutional investors.
He says we also need to look at emissions and who (vaults, LPs, stakers, treasury, foundation) gets how much REVA again. Vaults need to be used more and need some love.
Vlad (Layered Cake Protocol's CTO) is implementing small upgrades to the website, fixes bugs and learns about the smart contracts.
Mati (Quantum Economics CEO) and Boink (Revault DAO council) discuss: Buy/sell transaction taxes were removed to list on a CEX. This will not happen in the near future, so we need to bring taxes back.
Maddy argues changes to tokenomics can only be effective, if we add utility to the token and Revault is developed further.
Ryan Souri from Usher introduces an affiliate program that can be used for Revault. It uses website tracking and/or wallet tracking to pay out referrals.
Maddy proposes the emissions need to be halved earlier than the scheduled August 4th.
Mati and Boink then discuss how to keep a larger portion of emissions on the platform. Mati suggests staking the treasury tokens. This reduces everybody's staking rewards by 20%. Boink says a cleaner solution would be to increase the emissions to the treasury at the cost of the stakers (and LPs) instead.
Mati considers 75% in favor to be the minimum to pass these upcoming proposals.
Maddy will create a model to be able to test changes to the tokenomics and come up with a proposal based on that. This way all DAO members can easily understand what the suggested changes will do.
Good morning, everyone!
I'm thrilled to share some exciting updates with you today. I have just published a Medium article that provides comprehensive details on the proposed tokenomic changes for Revault. https://medium.com/quantum-economics/revanomics-579996078669
The Medium article covers all the important aspects of the proposed tokenomic changes, including the rationale behind them, the intended impact on the platform, and the potential benefits for the community. By familiarizing yourself with the article, you will gain a comprehensive understanding of the proposed changes and their implications.
Additionally, I have created a voting process on snapshot.org to ensure that every community member has an opportunity to contribute to the decision-making process. Your opinions and feedback are vital in shaping the future of Revault, so please take the time to participate in the vote. https://snapshot.org/#/revault.eth/proposal/0xe67644d02ba58f799b7a7867373c37bfaa547a5680ac2a8054375e65448dbce4
If you have any questions or queries regarding the proposed tokenomic changes or the voting process, please don't hesitate to reach out.
I'm thrilled to share some exciting updates with you today. I have just published a Medium article that provides comprehensive details on the proposed tokenomic changes for Revault. https://medium.com/quantum-economics/revanomics-579996078669
The Medium article covers all the important aspects of the proposed tokenomic changes, including the rationale behind them, the intended impact on the platform, and the potential benefits for the community. By familiarizing yourself with the article, you will gain a comprehensive understanding of the proposed changes and their implications.
Additionally, I have created a voting process on snapshot.org to ensure that every community member has an opportunity to contribute to the decision-making process. Your opinions and feedback are vital in shaping the future of Revault, so please take the time to participate in the vote. https://snapshot.org/#/revault.eth/proposal/0xe67644d02ba58f799b7a7867373c37bfaa547a5680ac2a8054375e65448dbce4
If you have any questions or queries regarding the proposed tokenomic changes or the voting process, please don't hesitate to reach out.
Medium
REVANOMICS
Optimized Tokenomics for Revault Network
We want to extend a heartfelt thank you to all the amazing DAO members who participated in the recent vote on our proposed tokenomic changes. We are thrilled to announce that the vote was a resounding success, with 100% of the votes in favour of implementing the new tokenomics.
Your overwhelming support and engagement truly demonstrate the strength and unity of our community. We are grateful for each and every one of you who took the time to participate and make your voices heard. Together, we are shaping the future of Revault and paving the way for even greater success in the world of decentralized finance.
Now, with the mandate given by our incredible community, we are excited to embark on the next phase of our journey. Over the coming weeks, we will begin the process of implementing the new tokenomics, working diligently to ensure a smooth transition that aligns with our shared vision for the platform.
This is a pivotal moment for Revault, and we are filled with optimism and excitement about what lies ahead. With the new tokenomics in place, we are confident in our ability to create a sustainable and thriving ecosystem that benefits all stakeholders involved. Together, we will unlock the full potential of Revault and continue to push the boundaries of decentralized finance.
Once again, a sincere thank you to each and every DAO member who participated in the vote. Your support is invaluable, and we are grateful to have you on this incredible journey with us. Stay tuned for further updates as we move forward and let's make Revault's future brighter than ever!
Your overwhelming support and engagement truly demonstrate the strength and unity of our community. We are grateful for each and every one of you who took the time to participate and make your voices heard. Together, we are shaping the future of Revault and paving the way for even greater success in the world of decentralized finance.
Now, with the mandate given by our incredible community, we are excited to embark on the next phase of our journey. Over the coming weeks, we will begin the process of implementing the new tokenomics, working diligently to ensure a smooth transition that aligns with our shared vision for the platform.
This is a pivotal moment for Revault, and we are filled with optimism and excitement about what lies ahead. With the new tokenomics in place, we are confident in our ability to create a sustainable and thriving ecosystem that benefits all stakeholders involved. Together, we will unlock the full potential of Revault and continue to push the boundaries of decentralized finance.
Once again, a sincere thank you to each and every DAO member who participated in the vote. Your support is invaluable, and we are grateful to have you on this incredible journey with us. Stay tuned for further updates as we move forward and let's make Revault's future brighter than ever!
Korra Finance Announcement pinned «We want to extend a heartfelt thank you to all the amazing DAO members who participated in the recent vote on our proposed tokenomic changes. We are thrilled to announce that the vote was a resounding success, with 100% of the votes in favour of implementing…»
Dear Revault Community,
We hope this update finds you well. July has been an eventful month for us, with both challenges and exciting developments. We have some important news to share, so let's get right to it!
Firstly, it is with a heavy heart that we announce the departure of our CTO, Vlad Tarasenko. Vlad has been an invaluable member of our team, and we owe him a debt of gratitude for his contributions to date. However, he has been offered a unique opportunity that he couldn't pass up, leading him to step down from his position at Revault. We wish Vlad all the best in his future endeavours.
In light of this change, we have actively sought new technical assistance, and we are delighted to welcome Mohtajj, the co-founder of Tan Software Studio, to our team as our new CTO. Since joining, Mohtajj has wasted no time in getting to work. He and his team diligently reviewed the entire codebase and immediately focused on tackling the first major bug on our agenda. We are genuinely excited about the prospect of working with him as we move forward.
Due to a lack of maintenance over the past year, our APIs and Solidity language models became outdated, resulting in their failure to display the BSC vaults on our website. Thanks to Moh's team, these issues have been rectified, and the entire system has been upgraded to a more permanent solution, making it easier to work with and enabling seamless updates and the addition of new vaults. Our next immediate step is to undertake the task of updating tokenomics, updating all the existing vaults, as well as the Trust Wallet API, and then proceed to add additional BSC and Fantom vault offerings.
We must also extend our heartfelt thanks to various members of the old team, Ohad, David, and Idan, for their support during this transitional period. Their contributions have been invaluable, and we truly appreciate their commitment to the project as we navigate through this transition.
Moreover, with Moh’s invaluable assistance, we have gained a clear understanding of the time and financial requirements needed to implement our new roadmap. As a result, and with the help of @romsty, we have updated our website accordingly, so we encourage all of you to take a look and familiarize yourselves with the changes.
In other exciting news, we have forged a new partnership with "What to Farm," a powerful native blockchain data provider. As part of this collaboration, "What to Farm" has developed a fantastic chart for us, which you can now access directly on our website.
With these developments in place and the dedication of our team, we are more motivated than ever to propel Revault towards its mission of becoming the leading defi search platform. We are grateful for the continued support of our wonderful community, and we look forward to embarking on this journey with all of you.
As always, feel free to reach out to us with any questions or feedback. Together, we will continue to build a stronger and more resilient Revault ecosystem.
We hope this update finds you well. July has been an eventful month for us, with both challenges and exciting developments. We have some important news to share, so let's get right to it!
Firstly, it is with a heavy heart that we announce the departure of our CTO, Vlad Tarasenko. Vlad has been an invaluable member of our team, and we owe him a debt of gratitude for his contributions to date. However, he has been offered a unique opportunity that he couldn't pass up, leading him to step down from his position at Revault. We wish Vlad all the best in his future endeavours.
In light of this change, we have actively sought new technical assistance, and we are delighted to welcome Mohtajj, the co-founder of Tan Software Studio, to our team as our new CTO. Since joining, Mohtajj has wasted no time in getting to work. He and his team diligently reviewed the entire codebase and immediately focused on tackling the first major bug on our agenda. We are genuinely excited about the prospect of working with him as we move forward.
Due to a lack of maintenance over the past year, our APIs and Solidity language models became outdated, resulting in their failure to display the BSC vaults on our website. Thanks to Moh's team, these issues have been rectified, and the entire system has been upgraded to a more permanent solution, making it easier to work with and enabling seamless updates and the addition of new vaults. Our next immediate step is to undertake the task of updating tokenomics, updating all the existing vaults, as well as the Trust Wallet API, and then proceed to add additional BSC and Fantom vault offerings.
We must also extend our heartfelt thanks to various members of the old team, Ohad, David, and Idan, for their support during this transitional period. Their contributions have been invaluable, and we truly appreciate their commitment to the project as we navigate through this transition.
Moreover, with Moh’s invaluable assistance, we have gained a clear understanding of the time and financial requirements needed to implement our new roadmap. As a result, and with the help of @romsty, we have updated our website accordingly, so we encourage all of you to take a look and familiarize yourselves with the changes.
In other exciting news, we have forged a new partnership with "What to Farm," a powerful native blockchain data provider. As part of this collaboration, "What to Farm" has developed a fantastic chart for us, which you can now access directly on our website.
With these developments in place and the dedication of our team, we are more motivated than ever to propel Revault towards its mission of becoming the leading defi search platform. We are grateful for the continued support of our wonderful community, and we look forward to embarking on this journey with all of you.
As always, feel free to reach out to us with any questions or feedback. Together, we will continue to build a stronger and more resilient Revault ecosystem.
The owner of this channel has been inactive for the last 5 months. If they remain inactive for the next 28 days, they may lose their account and admin rights in this channel. The contents of the channel will remain accessible for all users.
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Hey everyone. Just to update regarding these messages. Unfortunately, it seems we will not be able to resolve this and the super-admin rights will lapse later this month. However, we do have admin rights including the ability to add/remove admins and manage permissions. Therefore, we're not really losing anything except for the ability to delete this channel.
Next AMA
2023 Nov 08 12:00h UTC
General discussion of upcoming changes, open rounds for questions and overall update toward the end of the year. Mark your calendars, everybody's invited.
12:00h (that's PM) UTC on November 8.
See you then!
2023 Nov 08 12:00h UTC
General discussion of upcoming changes, open rounds for questions and overall update toward the end of the year. Mark your calendars, everybody's invited.
12:00h (that's PM) UTC on November 8.
See you then!
REVA_AMA_2023_11_08
Today's AMA recording.
🎉🥳STARTING 2024 WITH A BANG🥳🎉
🔹 AMA on Tuesday - JAN 30, 8.30h UTC 🔹
Big news to discuss, launching into the new year with exciting new developments as well as a general overview over the state of affairs.
The AMA will be recorded and uploaded shortly after so all DAO members can listen and ask their questions in text later as well.
Thank you all and talk to you
👉👉 Tuesday - JAN 30, 8.30h UTC
🔹 AMA on Tuesday - JAN 30, 8.30h UTC 🔹
Big news to discuss, launching into the new year with exciting new developments as well as a general overview over the state of affairs.
The AMA will be recorded and uploaded shortly after so all DAO members can listen and ask their questions in text later as well.
Thank you all and talk to you
👉👉 Tuesday - JAN 30, 8.30h UTC
REVA Rebranding AMA 2024-01-30
Revault
Today's Rebranding AMA in recording.
Please continue to ask questions in text, they will be answered when possible by the team!
Thanks everyone who attended and thank you for your engagement. It is super valuable to the project and much appreciated.
Please continue to ask questions in text, they will be answered when possible by the team!
Thanks everyone who attended and thank you for your engagement. It is super valuable to the project and much appreciated.
🔻 FOLLOW-UP AMA 🔻
🔹 AMA tomorrow on Thursday - Feb 08, 12.00h UTC 🔹
Let's go into more details in regards to the plans for Korra and what role the DAO will play.
The AMA will be recorded and uploaded shortly after, all DAO members can listen and ask questions in text after the AMA as well.
See you tomorrow!
👉👉 Thursday - FEB 08, 12.00h UTC
🔹 AMA tomorrow on Thursday - Feb 08, 12.00h UTC 🔹
Let's go into more details in regards to the plans for Korra and what role the DAO will play.
The AMA will be recorded and uploaded shortly after, all DAO members can listen and ask questions in text after the AMA as well.
See you tomorrow!
👉👉 Thursday - FEB 08, 12.00h UTC
Korra_Followup_AMA_2024-02-08
Korra
Follow-Up AMA recording!
With this we will also be moving Korra discussions to a new Telegram group. Link will be added shortly.
With this we will also be moving Korra discussions to a new Telegram group. Link will be added shortly.