Floating, low-volatility currency for web3 🧙‍♂️, by a team of anonymous researchers 👨‍🎓 An auction every day.

The future
Joined January 2021
Float Protocol retweeted
🥁Float Protocol (@FloatProtocol ) is now listed on DeepDAO.io🥁 📍Treasury: $756k (#100) 📍Members: 3.2k (#90) We welcome the @FloatProtocol community to DeepDAO😇 Check out the listing here: bit.ly/floatprotocol
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Float Protocol retweeted
🏛️ @OlympusDAO partners with @VisorFinance to include Uniswap v3 LP positions in Olympus Pro bonds 📣 @FloatProtocol is the first @Uniswap v3 bond with the pair $FLOAT / $ETH and is live now! medium.com/visorfinance/olym…
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Float Protocol retweeted
2/6 Few days ago I got added to @FloatProtocol multisig treasury, they are a talented team worth doing your research on. Very similar to $RAI in concept but quite different in the execution. Good anons @0xBeB4 @0x9Bf6 @0xE08d
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Float Protocol retweeted
Turn off your mind, relax and $FLOAT with the stream, all the way to the $BANK on the next @SushiSwap #Onsen AMA with @FloatProtocol, Thurs. Sept 9, 12:00 EDT/16:00 UTC/18:00 CET in the $SUSHI @Discord AMA-Stage! || discord.gg/jVFfJYAm
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Float Protocol retweeted
Whipped up a quick visualisation of our last Dutch Auction Profitability. 💰0.356 ETH profit at maximum 💸Profitable for ~80 blocks / 15 mins
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Float Protocol retweeted
The first batch of open source code releases for Float Protocol 👇
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Float Protocol retweeted
Can't wait - community ownership is the glue holding crypto together.
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Float Protocol retweeted
Pools refilled
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Float Protocol retweeted
Time to $FLOAT
Ultimately, crypto needs its own Unit of Account. That's a no-brainer.
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Float Protocol retweeted
Crypto needs its own CPI, crypto needs its own denomination.
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Float Protocol retweeted
5% Consumer Inflation - highest since 2008. 1$ - DeFi's stablecoin point of reference might not be so "stable" when its purchasing power is eroded day by day.
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Float Protocol retweeted
Looks like the Ayes have it. Time to start queuing transactions to top up those pools:
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Float Protocol retweeted
Vote closes in a couple hours on snapshot. Have your say, use your $BANK power. snapshot.org/#/snapshot.floa…
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Float Protocol retweeted
"Basket" of goods 👀
Balaji
@balajis7 Jun 2021
Two kinds of stablecoins. Fiatcoins are pegged to an external fiat currency like USD, directly or indirectly. Flatcoins are newer. If fiat itself starts to inflate, it isn’t really “stable”. So a flatcoin optimizes instead for price flatness vs an on-chain basket of goods.
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Replying to @balajis
@FloatProtocol super under the radar in production project
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Float Protocol retweeted
Had great fun implementing some little "MapReduce"-style contracts for calculating $BANK voting rights in a single call. All $BANK is voting $BANK - where-ever you decide to use it. 👇
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Float Protocol retweeted
Stage 1: The perfect collateral, less volatile than ETH (check the past week), less liquidations. Rest easy.
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Float Protocol retweeted
Stage 0: Opportunities for daily gains via arbitrage, profits too juicy to ignore. Arbers get interested, traders try and swipe a deal.
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Float Protocol retweeted
Interesting thread, a few comments 🧵: What constitutes the basket for the CPI isn't something that should be overlooked imo. Is it fair to peg to the CPI where the basket of goods included in it may be outdated or don't represent a fair standard of living?
This thread is about stability, money, and why maxis are wrong. If you only ever read one of my 🧵 make sure it’s this one Let me tell you why BTC and ETH will never be money and what stablecoins are actually about. And how it's still $1T+ bullish for $ETH and $BTC. 👇
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