Build A Groundbreaking Collateralized Stablecoin with 100% Capital Efficiency on
@Blast_L2
An original solution that separates yield and price volatility.
Introducing Zest: Build a Groundbreaking Collateralized Stablecoin with 100% Capital Efficiency and Higher Yield.
Zest, a native DeFi gem on Blast Layer 2, ingeniously separates yield from price volatility.
Zest now has two main products,
🔸 zUSD: a stablecoin with leveraged
Thrilled to announce Zest ⚡️Testnet-Launch⚡️
You can now mint/redeem zUSD and mirrorETH on
@Blast_L2
Sepolia Testnet.
Read More Below 👉
-------------------------------
🤔Testnet Guide
1. Add Blast Testnet (Sepolia)
2.
Thrilled to announce Adscendo ✨Pre-Launch✨
🔥 You can now enjoy the benefits of aUSD and lstETH on Ethereum Mainnet.
🔥
Read More Below 👉
-------------------------------
Why now?
The market shows signs of recovery, and we are optimistic about the
⚡️Excited to join
#BlastBigBang
Competition!⚡️
Our core product, zUSD, will be the most capital-efficient and highest-yielding stablecoin in the Blast network, with leveraged Blast_ETH native yield.
Our Sepolia Special Test Version is Live!
And you can
@LybraFinanceLSD
Ridiculous mechanism of eUSD and peUSD🤔
Why should stETH debtors give their stETH rebase yield to eUSD holders?
It’s like A person who mortgages his house to a bank does not get his house rental income that should have belonged to him, while the bank takes the rent and
🧐Ready for the arrival of the next-generation stablecoin?
#aUSD
🌿Introducing aUSD, an Efficiently Collateralized stablecoin, aka.stablecoin 3.0🌿
What's the Efficiently Collateralized stablecoin?
Regarding "Efficiently", with Adscendo, users can not only leverage $150 stETH
⚡️ 🤝 👩🚀
We're thrilled to announce our partnership with
@blastronaut_eth
🔥 Blastronaut —
@Blast_L2
's OG Community, they seek the stars, unveil Blast's secrets, and drop knowledge bombs for the squad!
🎁 10 Zest WLs & 10 Blastronaut WLs for 10 lucky winners
How to entry:
1️⃣
4⃣2⃣0⃣MYTH
#LSDFi
#aUSD
#lstETH
Members of Weed FAM use the term "420" in connection with a plan to search for a WEED CARNIVAL, based on a treasure map made by the
@Adscendo_fi
.
⚡️Thrilled to announce our WEED CARNIVAL
Your XP on Zealy isn't just a number, it's your weed score!
Introducing Adscendo, a highly capital-efficient protocol that includes 2 main products.
aUSD, an over-collateralized stablecoin with leveraged ETH staking yield, 1-5x
lstETH, the long-term on-chain 3-6x leveraged derivatives of stETH, without funding fees and liquidation risk
🧐Ready for the arrival of the next-generation leverage?
#lstETH
🌿Introducing lstETH, a "Split Asset Volatility" ETH long derivative, aka.Leverage 3.0🌿
1️⃣ What's the Split Asset Volatility?
Simply put, Adscendo splits 1 stETH into 1300 aUSD and 1 lstETH. And 1 lstETH will
🧐Why are we building
@Adscendo_fi
?
Stablecoins like
#eUSD
, backed by stETH, encounter capital efficiency and scalability limitations.
Typically, their Collateral Ratio is 150%, implying that over $150 worth of stETH is needed to obtain $100 worth of stablecoins, which is a
Weed Math
🧐What steps should we take during a bear market?
🌿Buying ETH at a discount and Getting ETH leveraged staking yield.
Let's assume ETH price=$1800, then you can
1️⃣Buy 1 lstETH, which means using $500 to buy 1 ETH.
2️⃣Buy 1300 aUSD, which means using $1300 to enjoy 1
At Adscendo, we believe in organic growth rather than relying on leverage providers who often demand high yields as compensation for their risk exposure.
Read More Below 👉
-------------------------------
1. Current leverage markets
This is especially true for leverage
🚀Get ready for the Adscendo Protocol Token Offering: $ADO 🔥
📅Start Sale: Thursday, September 14, at 1 PM UTC.
💎First Round with a Valuation of ~$6M and Hardcap of ~30E.
Read More Below 👉
-------------------------------
1. Here's the deal:
🔸Price: 1 ADO = ~$0.06
🔸No
🔥Testnet is now LIVE🔥
Thrilled to announce that Adscendo
#testnet
is now ready on the
#Goerli
network.
You can now mint and redeem
#aUSD
and
#lstETH
.
We will provide 🌿private sale
#Whitelist
🌿to eligible participants.
Testnet Guide:
🔥
$ADO's first round successfully raised 28.2 ETH. Unbelievable!!!
✨
The 28.2 ETH raised in the first round of the $ADO token sale will be transferred to Adscendo's treasury wallet (Gnosis Safe Multisig).
👇
0x875541bae0aef753d2d438f1ddd59fefc1df2895
Excited and grateful to be chosen as one of the Honorables in the lending category for the Blast Big Bang competition.
⚡️⚡️⚡️⚡️⚡️⚡️⚡️
With our unique and innovative mechanism, we believe ZEST will be the next ONE in DeFi.
Huge thanks to
@Blast_L2
team and judges!
ETH with a Native Yield on the
#BLAST_L2
network revolutionizes DeFi.
Zest capitalizes on this by segregating Blast_ETH’s Native Yield from its price volatility, catering to risk-averse yield seekers and leverage enthusiasts.
1️⃣ Yield lovers can access risk-free leveraged
⚡️🤝⚡️
We're thrilled to announce our partnership with
@Blast_Domain
!
BNS: A project composed of an IPFS decentralized gateway, website generator, and Blast domains. It is currently the only domain project on Blast that supports creating IPFS websites and subdomains.
🎟 10
📣 PARTNERSHIP ANNOUNCEMENT
Excited to announce our collaboration with
@Zest_Blast
!
⚡️Zest: Build A Groundbreaking Collateralized Stablecoin with 100% Capital Efficiency on
@Blast_L2
. With an original solution that separates yield and price volatility.
🎟 10 Zest WLs & 10
::: callout 💡
We are excited to announce our AMA with
@Beacon_Early
and DeFi DOJO
@thecalcguy
!
Will take place on September 13, 2023, at 6:00 PM UTC in the DeFi DOJO Discord.
The collaboration between DeFi DOJO (
@thecalcguy
) and BEACON continues! This time, we will be hosting
@Adscendo_fi
for an AMA, which will take place on September 13, 2023, at 6:00 PM UTC in the DeFi DOJO Discord section.
And you'll have the opportunity to win an Adscendo
🧐Is Adscendo a fork of f(x)?
The answer is NO.🙅
Completely different missions/mechanisms/products/narratives/upsides.
We've all seen the poor performance of f(x) and Mori after their launch, not PMF products.
Adscendo is on a mission to redefine the
#stablecoin
landscape.🔥
⚡️Excited to announce Zest's NEW DOCS! ⚡️
Zest has just released the latest version of Docs!
🧐Curious about how can capture profits from ETH price pumps using the Zest protocol?
1⃣ Use mirrorETH to long ETH on-chain!
2⃣ Use zUSD to get a leveraged Blast ETH native yield!
Adscendo offers an interesting feature that allows lstETH positions to be wrapped into NFTs, where 1 lstETH equals 1 NFT.
-------------------------------
1. What are the benefits?
⇢ This feature provides Adscendo users with deeper and more flexible liquidity for lstETH, as
What's next?
- Launch Zest on Ethereum testnet
- Launch our Campaign and Points Program
- Partner with several high-quality protocols on Blast
- Zest Early Access
Have you heard about the "Impossible Trinity" for stablecoins?
It refers to Stability, Capital Efficiency, and Decentralization, you can't get all three from one stablecoin.
Innovative $aUSD meets all of these requirements.
Have you heard about the "Impossible Trinity" for stablecoins?
It refers to Stability, Capital Efficiency, and Decentralization, you can't get all three from one stablecoin.
Innovative $aUSD meets all of these requirements.
⚡️Excited to announce our Genesis ETH Deposit Event!
To celebrate the success of Big Bang, Zest will open the Genesis ETH Deposit Pool on March 1st.
Users can deposit ETH and earn Blast Points, Blast Native Yield, and Zest Points rewards!
⚡️Thrilled to announce the launch of Zest's Genesis ETH Pool on
@Blast_L2
You can now deposit ETH into the Zest Genesis Pool to earn Blast native yield, Blast gold, and Zest Points.
---------------------------------
⚡️What is Zest Point?
Zest Points
🚀 Thrilled to announce our first "Weed Call"
🔥 The moment we've all been waiting for... Adscendo testnet is dropping next week! Got burning questions? Slide into the Zealy to hit us!🎤⬇️
🔗 Drop your questions here to get 100XP:
🌿🕺💃Let's dance and
Get ready for the exciting Weed Journey! 🔥
The first round of $ADO is set to kick off in less than an hour!
🔸Price: 0.000037 ETH per $ADO
🔸Weed OGs will have a 2-hour HEAD-START
🔸Hardcap: 32 ETH
🌿RRReady for the first
#WeedCall
?
Join our Space on Twitter Tuesday at 2 pm UTC
🕺Let's dance and weed out any doubts!💃
🔥 Q&A Rewards: Private Sale whitelists, with 3 addresses and 5,000 ADO for each address.
🎤 Don't forget to set reminder:
🔗 Drop
GM, weed fam.
🇧🇪Belgium👋
🌿Weed Journey🔥
We're moving on to Adscendo Weed Journey.
🤩We've added some Giga Brains to our weed fam and have cool events planned in our pocket.
🧐What will you be addicted to?
#lstETH
#aUSD
#LSDFi
What steps should we take during a bear market?
Sell and Short ETH? ❌
Buying ETH at a discount and Getting ETH leveraged staking yield. 🥳
Weed Math
#YieldFarming
#LSDFi
ETH price=$1800,
🧐 Use $500 to buy 1 ETH.
#lstETH
🔥 Use $1300 to enjoy 1 ETH staking yield.
#aUSD
⚡️⚡️ ⚡️⚡️⚡️⚡️
Thrilled to announce our partnership with
@FusionDAO_xyz
.
🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊
Fusion, is a governance aggregator built for the
@Blast_L2
ecosystem, aiming to maximize users’ liquidity and rewards while simultaneously aggregating Blast ecosystem governance
I reviewed a project's Tokenomics few weeks back and it turned out to be shitty!
What was missing? The financial cash flow structure.
To solve this problem, I came up with "The Tokenomics Circuit" analogy.
Curious to know more? Let's dive in!
A🧵
Weed Math lstETH
If you are bullish on ETH, you can enjoy lstETH with 🔥14x leverage🔥.
Let's do a simple math
Assumption: The price of stETH rose from $1400 to $3000.
🧐lstETH APR=1600/100=1600%, 14x
No funding fees and No forced liquidation, on-chain long-term leveraged ETH
⚡️⚡️⚡️⚡️⚡️
Thrilled to share with you our partnership with
@petobots
!
They are launching a free mint robohamster collection on Blast—your key to participate in their daily cups to win stablecoins!
Don't forget to join our giveaway!
&
We are excited to announce our partnership with
@Zest_Blast
. They are building a Groundbreaking Collateralized Stablecoin with 100% Capital Efficiency. With an original solution that separates yield and price volatility.
In honour of our collaboration with them, we would like
Get ready for the exciting Weed Journey! 🔥
The first round of $ADO is set to kick off in less than an hour!
🔸Price: 0.000037 ETH per $ADO
🔸Weed OGs will have a 2-hour HEAD-START
🔸Hardcap: 32 ETH
During this bear market, a wise strategy to earn profits is to purchase ETH at a
#discount
and hold onto it until the market improves.
#ETH
#longETH
The lower the price of ETH, the more discount you get.
#lstETH
@Adscendo_fi
is here for the ETH believers.
🚨 Sick of petty staking APYs! 🚨
This hidden gem 💎 lets you go BEAST MODE on your staked $ETH 🚀
We're talking about 14x (of your petty APYs) with structured products 🧵👇
(Bonus: seed sale 👀)
@Adscendo_fi
will become the largest protocol bullish on
#stETH
&
#ETH
and the light-speed engine for the price increase of ETH/stETH.
Adscendo is long
#Ethereum
to be successful.
We Are All In The Same Boat.
"DON'T MISS THE ETHEREUM BOAT."
Weed Math - aUSD
If you are bullish on ETH, you will get a stablecoin with 🔥20.8% APR🔥.
Let's do a simple math
Assumption: The price of stETH rose from $1800 to $3000, the apr of stETH was 4.5%, and half of aUSD is staked.
🧐aUSD Stake APR=(3000*4.5%)/(1300*0.5)=20.8%, 4.62x
Uh,
#ETH
price dropped to $1820😟😟
🧐How to profit in a bear market?
In
@Adscendo_fi
, you can
1⃣ buy 1 ETH with the cost of $520
#lstETH
2⃣ use $1300 to enjoy more than 1 stETH rebase yield
#aUSD
choose one or both
🔥Try it out on our testnet!
2/ Takeaways Two
5. Develop aUSD lending market
6. Integrate more yield-bearing assets
7. Building protocols on top of Adscendo to seek more scenarios and yield for aUSD/lstETH
8. Gradually form the Adscendo Ecosystem
5/ Capital Efficiency
aUSD is over-collateralized but with 100% utilization.
Simply put, our system uses the entire $150 stETH: $100 goes into minting aUSD, while the remaining $50 is allocated to
#lstETH
.
🧐Why are we building
@Adscendo_fi
?
Stablecoins like
#eUSD
, backed by stETH, encounter capital efficiency and scalability limitations.
Typically, their Collateral Ratio is 150%, implying that over $150 worth of stETH is needed to obtain $100 worth of stablecoins, which is a
2⃣ New Leverage Paradigm
In Adscendo, 🔥1 lstETH=1 ETH🔥, regarding the ETH price increase part.
Your leverage is fixed since you bought lstETH.
It's very easy to understand the lstETH price without opening any webpage.
lstETH value= ETH price-$1300
🧐Ready for the arrival of the next-generation stablecoin?
#aUSD
🌿Introducing aUSD, an Efficiently Collateralized stablecoin, aka.stablecoin 3.0🌿
What's the Efficiently Collateralized stablecoin?
Regarding "Efficiently", with Adscendo, users can not only leverage $150 stETH
4/ lstETH position as NFT
Envisioning a merger of DeFi with the NFT landscape, we’re working on representing lstETH positions as NFTs, creating a secondary market for lstETH positions and making our product more liquid
It'll be interesting to see an NFT Price rise alongside ETH
10/ Bullish on Adscendo Ecosystem
The future of Adscendo is replete with potential, growth, and innovation.
We are committed to enhancing capital efficiency in the yield-bearing assets and LSDfi sector.
4/ Extreme Case
Our system design will have more buffer space than other stablecoins to deal with extreme situations.
Adscendo Insurance will support aUSD buyback, aUSD safe Bond, and liquidation compensation.
⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️
We're thrilled to announce that Zest has already attracted over $2m in TVL and more than 730 ETH on the
@Blast_L2
testnet!
⚡️ This is just the beginning of our journey. ⚡️
Enjoy the Blast Native Yield and on-chain Leverage!
🎁Ways to get private sale whitelists🎁
1️⃣ Interact with our testnet, "Mint&Redeem"
2️⃣ Join our first
#WeedCall
3️⃣ Get a high score on Zealy
4️⃣ Participate in our "Discord Quiz"
🌿RRReady for the first
#WeedCall
?
Join our Space on Twitter Tuesday at 2 pm UTC
🕺Let's dance and weed out any doubts!💃
🔥 Q&A Rewards: Private Sale whitelists, with 3 addresses and 5,000 ADO for each address.
🎤 Don't forget to set reminder:
🔗 Drop
🫡Other key features of
@Adscendo_fi
1⃣Adscendo Smart Arbitrage Mechanism(ASAM)
2⃣Adscendo Insurance
3⃣ADO Dynamic Buy-Back System
4⃣Adscendo Tomorrow Land
🤗More details:
Get ready for the exciting Weed Journey! 🔥
The first round of $ADO is set to kick off in less than an hour!
🔸Price: 0.000037 ETH per $ADO
🔸Weed OGs will have a 2-hour HEAD-START
🔸Hardcap: 32 ETH
3/ Multi-Chain deployment
We acknowledge the burgeoning growth of multi-chain ecosystems and are working towards deploying aUSD across various blockchain networks.
This way we will expand our user base and drive more revenue for esADO stakers.
Adscendo also integrates ETH staking yields, directing all of it towards aUSD.
So far, we know aUSD is an Efficiently Collateralized stablecoin with leveraged ETH staking yield.
About lstETH, is it like
#xETH
and
#ETHC
?
To ensure that aUSD is backed by 100% collateral, all fluctuations in the price of stETH are absorbed by the $50 portion (lstETH), and 100 aUSD is always backed by $100 worth of stETH.
Here we get a leverage ETH,
#lstETH
.
1⃣ New Stablecoin Paradigm
Unlike other stablecoins, Adscendo uses the entire $150 stETH: $100 is used to support aUSD, while the remaining part is allocated to lstETH.