Early with this one! Uniswap Early Calls Access #166 Strips | UniSwapEarlyCalls
Early with this one!
Uniswap Early Calls Access #166 Strips Finance
Telegram: @stripsfi
Introduction:
Strips Finance is the first decentralised interest rate margin trading platform. Interest rate swaps (IRS) allow participants to swap variable interest rates for fixed interest rates.
Visit https://www.strips.finance, Medium & Twitter to learn more.
Key metrics:
• Hardcap: ~$7,500,000
• Initial marketcap at TGE: TBC (~10% STRP tokens)
• Seed: $0.25 (10% unlock at TGE, 3 year linear vesting)
• Private: $0.50 (10% unlock at TGE, 2 year linear vesting)
• Public/IDO: TBC
Due diligence:
• We are investors in the private round.
• Strong list of seed/private backers: Led by Crypto.com Capital, Finlink Capital, and Mechanism Capital; joined by DeFiance Capital, Pnyx Ventures, DeFi Alliance, Magic Ventures, and Darren Lau. (Read more)
• Interest rate swaps are the largest traded OTC derivatives in traditional finance, and Strips Finance are among the first-movers in DeFi.
• Alpha Testnet numbers on BSC. (Link)
• Moderate initial marketcap of ~$5M (at $0.50) to start; however suggesting room for upside potential, versus (high) overall proposition of the project.
How to participate:
To be announced.
Stay tuned at our TG for more news:
Strips Finance: @stripsfi
UniswapEarlyCalls: @UniswapEarlyCalls