Protofi on Fantom FTM Yield Farming - Breakdown & Analysis

Protofi is a new DEX on the Fantom FTM Block Chain. It launched at the end of Jan 2021 and in it's first month has amassed an impressive 110M in TVL.

Protofi has some unique functionality and operates a dual token system, where users have the opportunity to share in the revenue the protocol generates. The PROTO token is the native farming token of the protocol and is used as incentives for liquidity. The ELCT token is what is used to distribute dividends to those who wish to stake it.

🔗 Useful Videos 🔗

Beethoven X Video 👉 https://www.youtube.com/watch?v=P84DYOiTfIM
Wigo Swap Video 👉 https://www.youtube.com/watch?v=Y-AdKgTLzEM&t=8s
DEX Aggregators 👉 https://www.youtube.com/watch?v=2MBFp_l7NW0&t=2s

🔗 Useful Links 🔗

Insider Info 👉 https://twitter.com/NickDrakon
Protofi App 👉 https://fantombank.protofi.app/
Protofi Discord 👉 https://discord.gg/47tE8AUKkv
Protofi Twitter 👉https://twitter.com/ProtoFiProtocol
Protofi Docs 👉 https://protofi.gitbook.io/protofi-docs/

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⏲ Time Stamps ⏲

0:00 - Intro & Overview
1:45 - DEX Competition
5:28 - Team
8:45 - Security & Audit
11:55 - Dual Token System
15:10 - Flow Chart
26:00 - Sustainable Tokenomics
31:45 - Road map
34:20 - UI Functionality
37:18 - New Protocol Tactics
42:24 - Positive Catalysts
47:18 - My Protofi Strategy

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📜 Disclaimer 📜

This video is for informational purposes only. Nothing contained shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial adviser or registered investment adviser. Trading cryptocurrencies poses considerable risk of loss.

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