About Maddy Protocol
2 min readDec 15, 2022
Maddy Protocol is a suite of decentralised defi financial and yield earning opportunity protocol launching on the arbitrium chain.
Our objectives include:
- Decentralization
- Revenue and earnings for users
Protocol products and services include:
- Decentralised stablecoin CDP based on works of liquity — MSD Stablecoin.
- MaddyBonds to be released for msd stablecoin first before being released for other tokens, bonds would be used to create protocol owned liquidity, a unique nft representing bond information and yield opportunity for users.
- Maddy yield autocompounding vaults for tokens on arbitrium and launch of staked version of yield bearing tokens like stkGLP for GMX glp tokens.
- Maddy self paying defi loan vaults with integration of other protocols like a self paying mim cauldron vault.
- Collaterized NFT backed synthetic ethereum on arbitrium using blue chip nfts and also selected nfts from maddybonds
Tokenomics would include:
- Escrowed Maddy token to serve as our reward token, earns 30% of fees, earns multipliers used for stake boosting and can be vested for a year to convert to maddy governance token which would be released every second. Note: They are non-transferrable.
- Maddy Governance token to serve as our governance token, earns 70% of fees, earns escrowed maddy tokens and multipliers
Earning opportunity on maddy comes from staking Maddy Governance token or escrowed maddy to earn fees, multipliers and calling 0.25% of all harvested amount of self paying loans / yield vaults.
Preseed rounds are going on right now at a discounted rate.
Connect with us:
- Telegram: https://t.me/maddyprotocol