Apeswap Dev @JulianApeswap discusses Gauntlet via Twitter Thread

Incentive Optimization and what Gaunlet partnership means for Apeswap

Main Street ($MAINST)

--

Visit Gauntlets website to learn more about their Incentive Optimization Strategies!

“Gauntlet is one of the biggest players in DeFi when it comes to incentive optimization and risk management, creating models that are responsible for the management of over $40B in assets across various blue chip DeFi protocols.

Gauntlet chooses their partners very carefully, only working with the best protocols in the space. This is evidenced by their star-studded list of DeFi partners, which currently boasts the likes of AAVE, Compound, Maker, and Sushi, to name a few.

Gauntlet’s track record is beyond impressive, providing tremendous value to the partners they work with. Most recently, they’ve helped @SushiSwap 5x the efficiency of their liquidity mining program, while adding $300M daily volume to their DEX. Now how does this help us?

While we aren’t necessarily expecting the same growth (though it would be great to see!), it clearly demonstrates how effective Gauntlet has been in optimizing Sushi’s incentive spend and maximizing their volume. As ApeSwap is a DEX, this is exactly what we’re looking for!

And while these past few months may have been a bit rough from a price perspective for ApeSwap, we’ve been heads down grinding to build out new features and expand the team — we are beyond confident in the direction we’re heading in at the moment:

We just pushed out our biggest UI update since launch (check out our homepage if you haven’t seen!), are about to release our treasury bills product, and have an insane pipeline packed with new features that we’re sure will help us take ApeSwap to the next level

And we also have an insane team of Apes that are easily the most dedicated, hardworking people I have ever had the pleasure of working with, who are so passionate about making ApeSwap the best it can be, day in and day out.

Getting recognition from Gauntlet is a huge step forward in validating what we’ve always thought: ApeSwap is an amazing protocol that is tremendously undervalued at the moment, and with the right backing + support has the potential to make it to the big leagues.

Thank you to Gauntlet for trusting in our team, our hard work, and for joining us on this amazing journey! We couldn’t be more excited to have partnered together, as we firmly believe this is only the beginning of the ApeSwap story”

This thread was originally published on Julians Twitter!

Visit Buymainstreet.com for recent crypto news and updates!

--

--

Main Street ($MAINST)

Main Street ($MAINST) is community oriented, news/media aggregator on Binance Smart Chain. Visit us at www.buymainstreet.com