PolygonDaily hosts Tetu.io: Yield Farming Aggregator on polygon #DeFi.
PolygonDaily – Admin: Hello and welcome to BSC Daily, @belbix!
PolygonDaily – Admin: Nice to have you here with us today. How is your day?
belbix: Hey everybody! I’m amazing 🙂
PolygonDaily – Admin: Happy to hear! Ready to start our AMA? 🎉
belbix: Sure, let’s go!
Q1: What is Tetu.io all about? Give us a little summary.
belbix: I was developed for two main purposes:
1) Provide the highest profit for investors comparing with other similar projects
2) Make possible long term investing in dApps or even in real-world assets
You will understand why we built it when I describe our history 🙂
Q2: Could you tell us a little bit about yourself and your team? What are your past experiences?
belbix: Yeah, somebody can hear about me if used Harvest finance.
Our members from Harvest finance community and we worked ~1 year for their ecosystem.
But we grew up from just community devs and decided to build our own platform with true liberty and opportunity for everyone bring some value in DeFi.
My name is Vsevolod Grigorovich and I have a lot of experience in backend development for financial structure.
In this project, my main role is Solidity development.
Constantin Malutin aka constmalutin is our Front-end developer.
Timur Mullayanov aka Timuricio
Art Director and CG designer
You will see his amazing work soon 🙂
Ksenia Chesnokova is our digital designer, she developed all design and it is amazing should I say, very like her work.
Waterfound – content writer and data analyst from Harvest.
Say thanks for the most materials on our docs.
I can continue whole day 😂
We have experienced team and always open for new members.
Q3: Let’s dive into your tokens $TETU. Can you share with us your tokenomics? And what are some of $TETU use cases?
belbix: TETU has pretty complex tokenomic.
Of course you can read the docs but I’ll try to explain in few words.
We have a classical system with vault/pools where you can deposit some assets.
These assets generate income.
100% of income buyback TETU on the TETU-USDC lp (sushi currently).
TETU from buybacks go to the Profit Sharing pool and distributed as xTETU.
And this xTETU, as interest-bearing token, reflects all profit from all assets.
So value of TETU depends on our TVL in work.
The main benefit for investors:
– For stable assets it is higher profit
– For volatile assets it is stable income
For more details you can read our docs: https://docs.tetu.io/tetu-io/yield-farm
Q4: Does $TETU get audited?
belbix: We have a pre-release audit of main components and will have an audit from top-tier company next month. Now it is the stage of choosing between companies.
We already in touch with Certic, Paladin, Least Authority.
And wait for answers from OpenZappelin and Trials of Bites. So I guess mid-Sept.
Q5: Where can we buy $TETU?
belbix: Now the main liquidity hosted on SuShiSwap
Q6: What can we expect in the next 3 months and in 2021 as a whole?
belbix: We continue working under whole system and always improve our UX and develop new contracts.
Right now Zap solution on the way – all tests passed, I hope we will integrate on next week.
About long term plans,
We want to build an app for collateralization our xToken, so you will able to borrow money for your deposits.
We already implemented this solution with UMA for Harvest and want to build the same for all xTokens on Tetu.
We will have NFT cards as achievements for some metrics, like deposit without withdraws (n) time.
And of course, in next year, we will go to the next network – we prepared 67% emission for this purposes.
Community will decide what it will.
About nearest plans you can always check our task tracker: https://tasks.tetu.io/youtrack/agiles/120-9/current and our roadmap https://tasks.tetu.io/youtrack/articles/DOC-A-5/Tetu-Roadmap
Q7: Where can we find out more about Tetu.io on social media?
belbix: Tetu: https://tetu.io/
PolygonDaily – Admin: Thank you.
PolygonDaily – Admin: Time for wrapping up, any last words you would like to say to our community, @belbix?
belbix: You can always ask more questions in our Telegram chat and Discord
PolygonDaily – Admin: It was a pleasure having you @belbix 🙂
PolygonDaily – Admin: Thank you so much for spending time with our community & all the very best for Tetu.io 🚀