Popsicle.Finance is going LIVE!
With our fantastic and fanatically hard working developer team just about ready to release Popsicle.Finance’s V1.0 (The Popsicle Stand), we wanted to take a moment to share our vision for the next steps from here and provide a quick sneak peek of what we have in store for Popsicle.Finance V2, which we call “Sorbetto”.
But First, let’s take a look at Popsicle.Finance V1.0.
The core of popsicle.finance V1.0 is our multi-chain, yield farming platform, The Popsicle Stand. Multi-chain support enables popsicle.finance to cover the needs of the modern liquidity provider.
The Popsicle Stand provides a single, easy to use platform for users to stake and manage LP tokens from across a variety of platforms, leveraging a variety of underlying chains.
The popsicle stand is also where users can stake the ICE governance tokens that they receive. Read more about The Popsicle Stand — Popsicle.Finance’s V1 here.
What next? Simple solutions for the modern multi-chain market maker
With Sorbetto, we further our quest to provide convenience to the modern multi-chain market-maker, by introducing our automated cross-chain yield maximization strategies.
That’s a lot of buzz words…what does it all mean?
As Defi continues to evolve on Ethereum, we have also witnessed the emergence of rapidly developing yield farming platforms across a number of other blockchain protocols.
While the modern multi-chain market maker certainly appreciates the value of the Ethereum ecosystem, they must also stay nimble in order to identify and capture opportunities that arise without bias to underlying chains.
It is with this new paradigm in mind, that Sorbetto was designed.
With Sorbetto, users can simply deposit their tokens, and our strategies will automatically optimize where the capital is allocated — not just across platforms, but also across multiple chains — giving users the best opportunity to maximize yields.
Where does ICE Token come in?
At Popsicle.Finance, our top priority is to make it as easy as possible for our community to capture the best yields available in crypto — regardless of the underlying blockchains used.
We also believe that any platform built to empower the crypto community, must at its core, be built with an explicit end goal for it to be shaped and ultimately controlled by that same community.
The reasoning behind this view is perfectly captured in the quote below from Variant Fund founder, Jesse Walden’s July 2020 introduction to the ownership economy;
“Ownership is a powerful motivator for users to contribute to products in deeper ways, be it with ideas, computing resources, code, or community building. This more cooperative economic model helps ensure better alignment with users over time, resulting in platforms that can be larger, more resilient, and more innovative.
This is the Ownership Economy, and beyond being a positive social endeavor, the platforms building it are able to leverage the strongest form of market incentives to grow network effects.”
With this in mind — Popsicle.Finance aims to be a fully decentralized platform managed by its users — the holders of the ICE governance token. (learn more here)
The ICE token will be used to vote on proposals for protocol updates, pool inclusions, fee management, and other key operational aspects of the protocol.
As such — for both V1 and V2 of Popsicle.Finance, the ICE governance token plays a crucial role, and can be earned by users, simply by using the platform.
So what comes next? Prepare for launch!
Come join us on Discord, and Reddit, and follow us here on Medium to make sure you stay on top of key announcements as we approach the launch of the Popsicle.Finance’s MULTI-CHAIN IDO on ETH+FTM on Sushiswap, and BSC on Pancake swap.
All aboard!