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Float Protocol

  • 5 weeks since the start of the new multiplier pools
  • Over $18M total value locked up
  • $500k given out in rewards
  • Number of exits ≤10 per pool


TLDR

  • Treasury diversifying
  • Pool Party with OHM
  • New pools (incl. FLOAT-USDC)


Gelato Uni
  1. New pools, New rules
  2. Multipliers applied to staked deposits, no 8 day unlock
  3. Incl. FLOAT-USDC (Uniswap v3 + Gelato, low fee)
  4. New BANK-only pool



Rewards pause for a little bit, float at target

TLDR

  • Basket Bags vote passed
  • Treasury Diversification vote
  • New pools vote
  • FLOAT at target as rewards are paused for a bit


Credit to voidberg on Discord
  • Finalising the Treasury diversification
  • Move to Scattershot vote for ETH Pegged yielding assets in Basket
  • Splash page is ready to deploy
  • Template code released for arbitrage bot


Credit: bubba from the discord

TLDR

  • Utilising the Basket with Flash Loans & 1:1 ETH earning assets
  • Auction Price Buffer Alteration
  • Spreading FLOAT to other L1 / L2s
  • Paul talks about DAOs in Crypto: Tel Aviv
  • Treasury Diversification & Reaching out to builders in the space
  • Making FLOAT more approachable (New Splash Page & Dev Docs)


credit to: voidberg from the discord
  1. Same pools, same rules
  2. No need to unstake or restake to continue participating
  3. New rewards

https://floatprotocol.com/#/auction
  1. The Basket TVL has grown from 1,627 ETH on Launch day to 2,263 ETH in 2 weeks (once we return to 100% this…

Float Protocol

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