Avaxholic

Find out how Platypus’ minting process embodies their values where the number one priority is you. Welcome to the world of Platypus Heroes, where minting is transparent, fair, and safe for all users. Platypus Heroes are NFTs that upgrade users’ liquidity mining performance in Platypus Finance. How are they minted? How are their rarities distributed? We’re gonna walk you through the details of the novel NFT minting design that gives birth to our Heroes. Random On-Chain Generation of NFTs Random on-chain generation is not something you see every day. In fact, it’s pretty rare. Before we dive into the process and what it means to you, we’d like to lay the foundation that all Heroes are a combination of one skill and six randomly generated attributes: Accessories, Eyes, Mouth, Body, Skin, and Tail.  The generation is completely done on-chain to determine the appearance and score of a particular Hero. The strength of skill they’re born with is determined by the total score ... Sourc...

Echidna Finance is the ultimate yield boosting protocol for Platypus Finance - Avalanche's native stable swap. Let's find out everything about this protocol with Avaxholic in today's article. What Is Echidna Finance? Echidna Finance is the ultimate yield boosting protocol for Platypus Finance. Echidna aggregates PTP and stakes then into Platypus permanently to build our vePTP treasury. Anyone can leverage our treasury to maximize their stablecoin APRs on Platypus without owning PTP. Echidna Finance What Can Echidna Finance Do For Platypus War? Echidna Finance is committed to growing with Platypus and Platypus users. Echidna's team considers Platypus a valuable public utility that will drive user and on-chain TVL for Avalanche and create wealth for Platypus users. Echidna will be a catalyst for both processes; therefore, the team must make decisions that maximize public value. With this realization in mind, they selected these guiding principles: Decentralization...

Unlike the many DEXs we’ve been graced with. Platypus is quacking its way to the bank with a novel approach.They’re leaving out the usual dual pair stablecoin LP tokens. And instead, going for a stronger method.Playtpus’s secretI say secret, but there are a few:Single sided stakingShared liquidity between tokensFlexible pool compositionRisk management mechanisms against malicious arbitrageProfit sharing through “haircut” feesIF you want to read into the magic: Platypus yellow paper. It’s fairly complex, but hopefully, we’ve gleaned the pearlers above.When launch?Very soon. How soon? Q4 2021.We can expect the following:Beta launchPublic SalesFull launchFuture featuresThese should be here in the near few months.Scam!Fortunately, this oen looks like it’s solid. And here are the reasons why:Avalanche backing. They were awarded an Avalache X grantPrivate sale. Not my favourite, but, where there’s professional money, there’s likely an element of professionality. Smart money.The core tenant...

Unlike the many DEXs we’ve been graced with. Platypus is quacking its way to the bank with a novel approach.They’re leaving out the usual dual pair stablecoin LP tokens. And instead, going for a stronger method.Playtpus’s secretI say secret, but there are a few:Single sided stakingShared liquidity between tokensFlexible pool compositionRisk management mechanisms against malicious arbitrageProfit sharing through “haircut” feesIF you want to read into the magic: Platypus yellow paper. It’s fairly complex, but hopefully, we’ve gleaned the pearlers above.When launch?Very soon. How soon? Q4 2021.We can expect the following:Beta launchPublic SalesFull launchFuture featuresThese should be here in the near few months.Scam!Fortunately, this oen looks like it’s solid. And here are the reasons why:Avalanche backing. They were awarded an Avalache X grantPrivate sale. Not my favourite, but, where there’s professional money, there’s likely an element of professionality. Smart money.The core tenan...