Revest Finance - Defi platform

Today I will review @RevestFinance , a groundbreaking protocol that is revolutionizing the crypto ecosystem. It allows you to lock ERC-20 tokens into ERC-1155 NFTs, giving birth to Non-Fungible Financial Tokens, an entirely new asset class with enormous potential and versatility. If you're ready, let's begin


@RevestFinance introduces an innovative protocol designed to transform fungible ERC-20 tokens into non-fungible tokenized financial instruments. This is achieved by harnessing the ERC-1155 Non-Fungible Token (NFT) standard, offering enhanced accessibility and ensuring compatibility across various commerce platforms. With this solution, it becomes possible to trade ownership of the underlying assets without impacting the inherent value of those assets. This introduces a novel meta-layer of commerce, allowing for more sophisticated and versatile financial transactions.


FNFTs (Financial Non-Fungible Tokens) are a new asset class in the crypto world created by locking ERC-20 tokens on @RevestFinance Smart Vaults. To access the locked value, you need to own the corresponding FNFT and meet the specified locking conditions (Time, Value or Address). FNFTs function as standard NFTs compatible with various platforms. They can be traded on existing NFT markets and offer exceptional portability as financial instruments. However, the key difference is that while FNFTs themselves are transferable, the locked value within them remains inaccessible until the lock conditions are met. A JavaScript interface provides real-time information on FNFT content and lock status, with color coding to indicate locked or unlocked states. FNFTs can also be "unlocked" but not "locked", which allows holders to unlock the tokens for everyone, but still requires each holder to withdraw their share of the value separately.


Batch Distribution
Batch distribution is a feature that facilitates the allocation of multiple recipients for a given FNFT configuration during its creation process on @RevestFinance . When batch distribution is enabled, the quantity of FNFTs generated is determined by aggregating the number of FNFTs designated for each recipient's address. This functionality empowers efficient batch distribution of vesting schedules and asset allocations. To utilize Batch Distribution, access the Advanced Settings and enable this feature. Multiple Deposits In the FNFT (Financial Non-Fungible Token) ecosystem, multiple deposit operations allow FNFT owners to increase the token holdings within their FNFTs. There are two types of multiple deposits: "Forever," which allows unlimited deposits, and "Limited," which sets a deposit deadline. Users can access the deposit interface through the Info Panel, and they can distribute deposits across the entire series or specify a quantity for individual FNFTs. This feature is useful for activities like charity fundraising or time-bound crypto campaigns, as FNFTs remain locked during additional deposits, providing a secure and organized way to manage funds. Extendable Maturity The "extendable maturity" feature, available exclusively for Time Locks in FNFTs, can be enabled in the "Advanced Settings" menu. Users can extend the maturity dates of FNFTs from the Info Panel, but this is only possible if they own the entire supply of FNFTs associated with the specific Time Lock. This feature is beneficial when entities need to prolong their liquidity lock duration while maintaining full ownership control over the entire supply of LP tokens, offering enhanced control and flexibility within the FNFT ecosystem. Directed Output The "Directed Output" feature in FNFTs offers advanced functionality during withdrawals. When enabled, it sends the FNFT's value to a specified contract address and triggers a designated function if that address implements the "IOutputReceiver" interface. This feature enables complex operations with underlying assets post-maturity, opening up possibilities for derivative-based structures. While typically used behind the scenes, it's made user-friendly for basic configurations, ensuring accessibility for non-technical users. Non-Transferrable FNFTs Non-transferability is a feature in FNFTs that, when enabled, restricts the token's transfer to only the account that originally minted it. It's designed for traditional vesting scenarios where creators want a fractionalized token locking mechanism without allowing typical FNFT transfers. This feature disables all FNFT transfers, except from the minter's wallet to another address or to the burn address. It can be activated in the advanced menu and is compatible with batch distribution, offering a secure and controlled vesting solution.


Revest Fees: @RevestFinance users pay fees in ETH to create FNFTs, and 99% of these fees go to $RVST token holders who stake their tokens, with 1% initially directed to liquidity pools. ▫️ Revest Staking Rewards: RVST holders can stake for 1, 3, 6, or 12 months, earning rewards based on their allocation points. Staking periods are not in calendar months but 30-day increments. ▫️ Governance: Staking RVST tokens grants governance rights for proposing and voting on initiatives. To participate, S-FNFTs must be at least one day old with 27 days until maturity, ensuring active involvement and security. ▫️ Open Beta: The protocol operates in Open Beta for six months, with staking rewards initially in RVST tokens. After research, fees are introduced, and rewards come from fees and RVST tokens.


@ResonateFi is a DeFi protocol that introduces a novel concept known as yield futures. It dissects yield-bearing positions into interest and principal components, offering unique benefits to DeFi participants. For yield providers, Resonate enables them to receive immediate upfront payments based on the future yield of their assets, ensuring consistent rewards for staking or providing liquidity. Yield purchasers can acquire future yield rights at a discount, making it a cost-effective way to secure future income. This protocol also benefits DeFi platforms by providing an effective mechanism to incentivize liquidity providers. Unlike traditional DeFi, where users earn interest, Resonate allows users to receive an upfront payment, represented as Financial NFTs (FNFTs), which are tradable and conform to the ERC-1155 standard, enhancing their utility within the DeFi ecosystem.


By leveraging @ResonateFi 's yield futures protocol and @fraxfinance 's liquidity incentives, this collaboration to address the challenges of volatile liquidity led to the development of this great product Here is a summary of the key points:
▪️Upfront Rewards: Users can earn upfront frxETH rewards on @VelodromeFi for WETH/frxETH LPs at 7.9% APY, double the traditional naked stETH position. ▪️Challenges Addressed: The collaboration addresses the issue of unpredictable liquidity provision and in-the-money liquidity in DeFi. ▪️ Solution Mechanism: The solution involves time-locked LPs that receive upfront payments representing their expected earnings. These LPs lock their tokens into Resonate and receive an FNFT. Frax exposes them to the floating rate performance of LP tokens, allowing them to commit more LPs. ▪️Dynamic Pricing: The pricing structure was developed collaboratively to incentivize LPs to time lock their liquidity without overpaying. ▪️ Opportunities: The LP yields 8.59% in Velodrome and users have options to demand future returns depending on market conditions.
▪️Future Expansion: The partnership plans to expand further by offering new opportunities and improving trading strategies.
▪️Zapper: A special zapper contract simplifies the process of acquiring LP tokens for users. In conclusion, this deployment represents a significant milestone in DeFi, addressing liquidity challenges and paving the way for more stable and innovative liquidity provisioning.


@ResonateFi Regen Portal is a DeFi platform designed to revolutionize leveraged trading while prioritizing user safety. It introduces a unique concept where users receive upfront payouts in USDC based on the expected yield of their GLP holdings. This upfront yield is then used to open leveraged positions on platforms like GMX or MUX, allowing traders to amplify their exposure to volatile assets without risking their principal investment. In case of liquidation, users only lose the upfront interest, ensuring their initial funds remain safe. This innovative approach provides a much-needed solution for responsible traders who seek leveraged opportunities while minimizing liquidation risks. It allows users to hold stable or semi-stable assets while gaining substantial exposure to the crypto market. With rigorous security measures, including audits and bug bounties, the Regen Portal offers a secure trading environment, making it an attractive option for those looking to explore DeFi leveraged trading. To celebrate its launch, the Regen Portal offers a limited-time bonus, providing an upfront payout of 1.1% for a one-week lock on the first $420,000 in deposits. This offer enables traders to take positions exceeding their collateral value, further enhancing the appeal of the platform. Overall, the Regen Portal introduces a groundbreaking approach to DeFi trading, emphasizing safety and innovative leveraged trading opportunities.


RVST Token Overview
$RVST is the native token of the Revest platform, serving a multifaceted role within the ecosystem:
▫️ Revenue Share: Holders of #RVST tokens are entitled to a portion of the revenue generated from the fees collected by users of the Revest platform.
▫️ Fee Discounts: The number of $RVST tokens held by a user determines the extent of fee discounts they receive.
▫️ Governance: $RVST holders actively participate in the governance decisions of the Revest Protocol. Token Supply and Distribution The total supply of $RVST tokens is capped at 100,000,000 tokens.

▫️ Reservation Event - 33%
▫️ Marketing and Staking - 15%
▫️ Seed Round, Vested - 14%
▫️ Liquidity Pool - 13%
▫️ Team - 10%
▫️ Locked Long Term - 10%
▫️ Seed Round, Unlocked TGE - 5%

Marketing and Staking Allocation

$RVST tokens allocated for marketing and staking initiatives will be utilized in several incentive programs throughout the initial six months following the platform's launch. These incentives encompass referral rewards, competitive events, and giveaways. Additionally, 2.5 million RVST tokens have been reserved to reward stakers during the first 6-12 weeks of the Protocol's operation, which coincides with a fee-free Open Beta period. This robust tokenomics and distribution strategy ensures that RVST plays a pivotal role in the Revest ecosystem, incentivizing participation, promoting platform adoption, and offering governance power to its holders.


Trading

@RevestFinance 's $RVST token can be traded on @Uniswap

LİNKS

Website: revest.finance
Twitter: twitter.com/RevestFinance Telegram: t.me/revestfinance
Discord: discord.gg/TdJSzW9H4G
Medium: revestfinance.medium.com CoinGecko: coingecko.com/en/coins/reves… Public APIs: github.com/RobAnon/Revest…

Audits

@RevestFinance was audited by the following companies

Zellic Audit (@zellic_io ) revest.finance/ZellicAudit.pdf
Bloksec (@bloksec ) twitter.com/RevestFinance/…
Solidity Finance (@SolidityFinance ) sourcehat.com/audits/RevestF…

In the rapidly evolving landscape of cryptocurrency and decentralized finance, @RevestFinance stands as a trailblazer with its innovative protocol, enabling the transformation of ERC-20 tokens into non-fungible financial instruments via the ERC-1155 NFT standard. This pioneering approach introduces a new dimension to asset ownership, where FNFTs facilitate the trading of underlying assets without compromising their intrinsic value. The well-thought-out features of FNFTs, coupled with the utility of the $RVST token, promise a dynamic ecosystem that empowers users while maintaining robust security measures. Collaborations like those with @ResonateFi and Frax Finance represent the forefront of DeFi innovation, promising more stable and secure liquidity solutions. The Resonate Regen Portal, with its emphasis on responsible leveraged trading, further underscores the commitment to user safety and innovation within the crypto space, collectively shaping the future of decentralized finance.