1/ how much does it cost to farm on @0xconcentrator, to receive their new token $CTR ? What is the minimum amount of your deposit to get your ROI at the end of their IFO ? When could the IFO end ? All the answers in this 🧵here 👇
2/ So as today, 233k $CTR has been raised out of the targeted 2,5millions of tokens. So, a projection shows an end of their IFO in about 3,5months, so around mid-November at same TVL.
3/ @0xconcentrator can now be tracked on defillama and succeeded one big milestone, reaching the 100m$ + of TVL and entering the top list on #Ethereum! Congrat's!!
4/ Although this milestone seems impressive, the potential market for @0xconcentrator is way beyond, as staded below:
https://twitter.com/Subli_Defi/status/1550211244048764929?ref_src=twsrc^tfw|twcamp^tweetembed|twterm^1550211244048764929|twgr^61f384d90bd60925830e7ce96116405b1ee9bb82|twcon^s1_c10&ref_url=https%3A%2F%2Fthreadreaderapp.com%2Fthread%2F1551105159731859456.html
5/ Out of ghe 233k raised $CTR, only 21k (<10%) in Balancer Pool. Watch out because it's a pretty illiquid token at the moment, and $CTR is in price discovery mode so with a huge volatily.
6/ So now, how can you farm $CTR without spending all your gains or even more in gas fees as @0xconcentrator is only available on #Ethereum network ? One simple tip : use low GWEI during week-end. Example below made with #GWEI at 7. Click the below link to know the current GWEI:
7/ First, to minimize transaction cost, @0xconcentrator allows you to single deposit a token & everythingelse is taken care by the protocol. As we all have $ETH on our wallet, you can simply deposit $ETH on a pool:Approve token <1$Deposit = 21$
