Ethos Reserve is redefining decentralized stablecoins with $ERN, delivering real yield in a secure and auditable fashion.
Start earning with $ERN at ethos.finance 💪
Ethos Reserve is proud to collaborate with @optimismFND to supercharge DeFi on Optimism with up to $4 million in incentives for $ERN users on the network.
Proud to announce that @VelodromeFi is officially an Ethos Partner.
Velodrome hosts a USDC-ERN stable pool, which is being incentivized via bribes as part of the partnership. Honored to be working with one of the cornerstone protocols of the Optimism ecosystem.
In 2 days, we've watched ~10% of $OATH holders convert 20% of their holdings to $ETH to make $bOATH. Let's explore:
1⃣ $bOATH is a token composed of 80% $OATH and 20% $ETH, formed through the @beethoven_x platform on OP. It's designed to earn users real, scalable yield.
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There have been a lot of questions regarding Ethos’ value proposition.
Why spend tens of thousands of hours building, testing, and securing a single token like the $ERN?
Join us as we explore the Ethos Reserve Note and why it matters:
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ethos.finance is now live! give it a try.
1. There is a geofence. it will appear like a few lines of code. We are making this prettier as we speak.
2. Make sure you're connected to Optimism Mainnet.
3. We will be ramping up rewards once everyone is situated.
So let's talk about the Stability Pool:
> How it makes Ethos Reserve resilient
> How it benefits $ERN depositors
> How it will make Ethos Reserve sustainable
> Today's Alpha 🧐
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The Ethos Reserve team is proud to announce our $144,750 @code4rena contest!
This contest will last from later today until the 7th of March and give our team the confidence it needs to scale Ethos to massive heights.
Join: discord.gg/code4rena
A lot has happened in the past 5 days for Ethos Reserve and $ERN:
> First $5m TVL
> First incentivized pools
> First analytics dashboard
> First community content
Let's review in this thread:
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Stability pool incentives are now live!
With over $600k in the pool, we're clocking in at 222.42% APR in $OATH rewards alone!
As the protocol scales up, becomes battle-tested, and begins to ramp up buybacks, these rewards will scale further toward sustainability!
So let's talk about the Stability Pool:
> How it makes Ethos Reserve resilient
> How it benefits $ERN depositors
> How it will make Ethos Reserve sustainable
> Today's Alpha 🧐
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As the first step of our multi-part plan for expanding ERN and the Ethos Reserve protocol, we will be making ERN bridgeable across the larger DeFi ecosystem. Read more below, and stay tuned for updates to follow over the coming months.
medium.com/@ethosreserve/…