Revest Finance Introduced the Resonate

Published on: 06.07.2022

Revest Finance Introduced the Resonate, the solution to the biggest problems of DeFi.

Using Resonate, DAOs can trade time for money, offering up-front payouts on yield in exchange for the rights to interest on locked and staked tokens. For an emissions-based protocol, this means a way to slow the burn-rate of their treasury significantly; for protocols with revenue streams, a way to actively deflate their circulating supplies. And now announcing, Revest Finance Introduced the Resonate.

For token-holders, rather than having to wait on future token payments in an uncertain market. Token-holders are able to instead realize their yield upfront, even receiving stablecoins under certain conditions. This upfront payment, made in exchange for the token-holder locking their tokens into the native staking or yield-farming system, allows the token-holder to safely and effectively hedge their long on the underlying token, protecting them against future market instability. For those yield farms and staking systems with whom Resonate is working (20+ protocols, at time of publication), Resonate drives sticky-liquidity to their system by locking tokens within it, boosting TVL and powering long-term liquidity. All this, powered fully by Revest FNFT technology.

So how does it work?

Resonate utilizes a simple concept to power its offering: time-value-of-money. To illustrate, it is more advantageous in a world where yearly interest rates are 50% to have $35 now than $50 a year in the future; one could invest that $35 at 50% interest and have $52.50 by the time they otherwise would have received only $50.

Imagine that you had 100 ABC tokens. For ABC token, there exists a yield-farm that offers 50% interest rates over the course of six months. If you were to deposit your ACB tokens into this yield-farm and leave them there for 6 months, you’d have made 50 ABC, giving you a total of 150 ABC tokens. The “present-value” of the 50 ABC tokens when you deposit your initial 100 tokens is given by the time-value-of-money equation. And comes out to 33.3 ABC tokens. If the value of ABC token and its associated 50% interest rate was guaranteed, you would never accept less than this amount upfront in exchange for the future interest.

Resonate is a system for automatically matching Purchasers and Issuers. Anyone in the world can create a “pool”, choosing the amount of tokens to pay out upfront, the underlying asset, the payout asset (native token, stables, etc.), the underlying yield farm (Yearn, Beefy, Convex, native-token staking, anything that uses ERC-4626 or can be converted to it).

About Revest Finance

Revest Finance proposes a new protocol for the packaging. Transfer, and storage of fungible ERC-20 tokens as non-fungible tokenized financial instruments. Leveraging the ERC-1155 Non-Fungible Token (NFT) standard for ease of access and universality of commerce. That do not affect the value of the underlying asset, leading to a new meta-layer of commerce. Discover the mechanics, governance, and monetization of this protocol with targeted use-cases.

Website | Twitter