Vesq is proud to announce a strategic partnership with Entropyfi, who have developed a zero-loss prediction game for Vesqers. $VSQ hodlers can deposit $sVSQ on Entropyfi to predict $VSQ price, without losing our principle as we are only wagering our rebase rewards. If we predict the price movement correctly, we win the rebase rewards of those who predicted otherwise.
Here are some strategies that we can employ with the Entropyfi protocol,
- If we think that the price of $VSQ will go up, we can soft-leverage on Entropyfi by depositing $sVSQ and selecting “Yes.” If the price does go up, we will not only enjoy price appreciation but also receive additional rebase rewards without the risk of liquidation.
- If we think that the price of $VSQ will go down, we can soft-hedge against it by depositing $sVSQ on Entropyfi and selecting “No.” If the price does go down, we can dampen the price depreciation on our portfolio with our winnings.
Link to the game: https://app.entropyfi.com/#/SoftHedge&Leverage
Details on the game: https://docs.entropyfi.com/entropyfi-1.0/game-explained
BONUS rewards are available too: https://medium.com/entropyfi/soft-hedge-leverage-launch-on-entropyfi-4b8c1d5d3cc6
Vesq AMA with Entropyfi @ Discord
Tequila Chief & Apple Chief from Entropyfi joined Jarod in an AMA with the Vesq community about a H2E (hodl-2-earn) game they are launching for Vesq! They explained the game mechanics as well as fielded questions from our community. It was a fun & informative session.
Entropyfi AMA with Vesq @ Twitter Spaces
SV & Zackary joined Jennie From The Block in an AMA with the Entropyfi community about Vesq! They explained our project as well as our emphasis on security & future direction with Vesq 2.0. They also fielded questions from the Entropyfi community.
About Entropyfi
Entropyfi is building a hyper-competitive platform offering gamified yields. Entropyfi’s vision is to transform the staking into a thrilling experience and to entice long-term hodlers with our unique hodl-to-earn (H2E) mechanism. With Entropyfi 2.0 launching right around the corner, we invite you to follow us for the latest information.
| Website | Medium | Gitbook | Twitter | Discord |
About VESQ
Vesq is building a policy-controlled currency system, in which the behavior of the VSQ token is controlled at a high level by the DAO. In the long term, this system will be used to optimize stability and consistency so that VSQ can function as a global unit-of-account and medium-of-exchange currency. In the short term, Vesq will optimize the system for growth and wealth creation.
Learn more about Vesq by visiting vesq.io.
