AlphaDrops.net is a free database of DeFi early-stage projects that do not have their own tokens yet. Explore the projects that may reward their early users!
Contents
What is Rage?
Omnichain Recycled Liquidity
Yield Generating 80-20 Vaults
Airdrop?
Deposit and Trade
Deposit into the Vaults
Community
Rage Trade is a yield and perpetual protocol built on Arbitrum and LayerZero. Rage claims to be building the most liquid, composable, and only omnichain ETH perp powered by UNI v3 with the following core features:
ETH perp with 10x leverage
Omnichain recycled liquidity
Yield generating 80-20 Vaults
Recycled liquidity allows Rage to re-use ETH+USD liquidity across chains and protocols to LP into their ETH perp.
If you LP in:
AMMs (Curve, Balancer, Sushi),
Money Markets (Aave, Rari, Euler), or
Derivatives (GMX, Ribbon),
then you can recycle your LP shares into Rage using our 80-20 Vaults. This allows users to earn extra yield on their LP shares. And enables Rage to unify liquidity into an omnichain ETH perp.
Each 80-20 vault accepts a different LP position as collateral (for example, Curve Tri-Crypto). The vault recycles these LP shares to provide liquidity in Rage's ETH perp. The goal of the 80-20 vault is to earn an additional yield on your LP position while replicating the payoff of an ETH-USD LP in Uniswap v2.
The vault maintains the following distribution of assets:
80% of TVL lives in a yield-generating service (Curve, GMX, Sushi etc)
20% of TVL provides concentrated liquidity on Rage Trade
To attract all possible ETH+USD yield-generating assets, LPs can recycle liquidity from all Layer Zero compatible chains.
Rage Trade doesn’t have a token yet, but it’s more likely that the $RAGE token will be issued, and early users may be rewarded. Additionally, using Rage may increase your chances for both LayerZero and Arbitrum speculated airdrops (if the snapshot is not taken). How to get involved then?
Connect your Metamask on Arbitrum and deposit some USDC to be able to trade.
Open long/short positions.
As of now, only one vault is available and 88% of its capacity is already filled. Deposit your Curve LP, USDC, WETH, or ETH into the vault.
Join Discord: https://discord.gg/NBKvpwSDgE
Get the Guild roles: https://guild.xyz/rage-trade
Follow the announcements
Participate in the community activities
Rage Trade on Alpha Drops
Thanks for reading. Subscribe to our Mirror newsletter if you wish to get an email immediately after we publish a new post.
Disclaimer: No airdrops are guaranteed, and we are not financial advisors. Please do your own research before using any platforms. It’s recommended that you use a burner wallet instead of your main wallet. Also, we do not promote and encourage Sybil attacks and airdrop farming. Also, note that collecting this entry is not for free*. Please do not collect it unless you wish to support us.*