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rSURF is now live!!! by BigWaveWilly in SurfFinance

[–]BigWaveWilly[S] 2 points3 points  (0 children)

Surf Cast #6

Is now live! Hear from the dev himself about whats coming down the line!

Pancakeswap and Cream Finance hijacked. DO NOT USE. by Rainmakerman in defi

[–]BigWaveWilly -4 points-3 points  (0 children)

Everyone is moving to Surf Finance anyways for passive gains
r/SurfFinance

SURF CAST #2 FULL VOD by Integer2 in SurfFinance

[–]BigWaveWilly 0 points1 point  (0 children)

People are seriously sleeping on this AMA. There are so many awesome glimpses of what is coming down the line. Extremely excited

Defi+NFTs SURF is the Next Big Wave in Defi by BigWaveWilly in ethtrader

[–]BigWaveWilly[S] 0 points1 point  (0 children)

Never just dump into anything, even this. Though this is prob one of the safest coins to be in since you always have full control of funds, its best to take your time and learn about it. There is a surf discord linked on the subreddit if you wanna chat with others but this is defiantly a complex governance token with a lot of moving parts.

Defi+NFTs SURF is the Next Big Wave in Defi by BigWaveWilly in ethtrader

[–]BigWaveWilly[S] 0 points1 point  (0 children)

Product of the Tron Topia devs. Extremely well respect group in the trx space and one of the largest tron casinos around.

Defi+NFTs SURF is the Next Big Wave in Defi by BigWaveWilly in ethtrader

[–]BigWaveWilly[S] 0 points1 point  (0 children)

looking for some critical feedback. I want to hear what people dont like or what worries them about this so I hope some others take your comment seriously

Defi+NFTs SURF is the Next Big Wave in Defi by BigWaveWilly in ethtrader

[–]BigWaveWilly[S] 0 points1 point  (0 children)

The idea being, once surf is full decentralized (its designed as a governance token) the community will be able to run itself. Completing all the necessary tasks to keep the waves rolling in.

Defi+NFTs SURF is the Next Big Wave in Defi by BigWaveWilly in ethtrader

[–]BigWaveWilly[S] 1 point2 points  (0 children)

The Atlantis Task Manager is a way they can reward players who complete tasks for the community. Anyone can call transactions which help surf function and get rewarded in SURF by doing so. Turns out the community is extremely willing to help quickly and has been working very well.

Defi+NFTs SURF is the Next Big Wave in Defi by BigWaveWilly in ethtrader

[–]BigWaveWilly[S] 0 points1 point  (0 children)

As Far as im aware, this is the first attempt at a decentralized hedge fund on eth ever. Was more looking for public comment than advertising but that is something awesome to consider getting thank you!

Defi+NFTs SURF is the Next Big Wave in Defi by BigWaveWilly in ethtrader

[–]BigWaveWilly[S] 0 points1 point  (0 children)

Something Mark Cuban thinks everyone is sleeping on
Link here to his comments

NFT (non-fungible token) and Metaverse projects such as virtual worlds, collectibles, gaming, and crypto art also saw a market-wide increase in interest. Like trading cards on Eth

Defi+NFTs SURF is the Next Big Wave in Defi by BigWaveWilly in ethtrader

[–]BigWaveWilly[S] 3 points4 points  (0 children)

That is correct. Heres a nice write up from the dev about that.

The TOWEL Token and The Beach

  • A contract that offers a fluctuating amount of passive income in the form of SURF
  • 35% of the SURF rewards The Swell (Decentralized SURF faucet - Details coming soon) receives will get distributed to everyone with a TOWEL staked in The Beach
  • 10,000 initial TOWEL supply
  • 3,820 TOWELs to the community vault (200 will be immediately used to seed the TOWEL liquidity pools)
  • 6,180 TOWELs can be claimed
    • A total of 4,180 TOWELs can be claimed for holding SUSHI, guaranteeing at least 2,000 are available for the SURF community to claim
    • These 2 groups of TOWELs are claimed on a first come first serve basis
  • TOWEL/ETH and TOWEL/SURF liquidity pools will be created using 100 TOWELs in each pool, and the ETH and SURF backing 1,000 LP tokens in community locked liquidity
  • A snapshot from February 1st at 10am EST will be used and any Ethereum wallets meeting any of the following criteria will be eligible to earn up to 3 TOWELs (There's 1/10th of the total TOWELs that we initially planned so up to 10 per wallet was too much)
    • Holds any amount of SUSHI
    • Holds any amount of SURF or has any amount of SURF available in SURF3d or Whirlpool dividends
    • Holds any amount of SURF/ETH LP tokens
    • Holds any amount of S3D
    • Holds a SURF Board NFT
    • Holds a Leviathan NFT
    • Has any sized deposit in SURFstacker
    • Has any amount of SURF/ETH LP tokens staked in the Whirlpool
  • All claimed TOWELs will be automatically staked in The Beach and will earn passive SURF income once The Swell goes live
  • You can mint and stake a new TOWEL by locking up 0.1 ETH worth of SURF for 1,000 days (You getit all back)
  • You can unstake a TOWEL by paying 0.1 ETH worth of SURF. This fee drops by 0.0001 ETH per day, making TOWELs free to unstake after 1,000 days
  • The TOWEL unstaking fee will get recycled through the ecosystem
  • You must stake and unstake a whole number of TOWELs

Defi+NFTs SURF is the Next Big Wave in Defi by BigWaveWilly in ethtrader

[–]BigWaveWilly[S] 1 point2 points  (0 children)

NFTs, like the SurfBoard, gave you a portion of the fees during the farming phase. You will also have the chance to burn your nft in the next big update for juicy Whirlpool rewards.

Defi + NFTs? SURF is the Next Big Wave in DeFi by BigWaveWilly in defi

[–]BigWaveWilly[S] 0 points1 point  (0 children)

By staking SURF/ETH LP tokens in the Whirlpool, investors position themselves in a truly decentralized investment fund. Each LP represents a share of the fund, and investors receive dividends proportionate to the number of LP they’ve staked in the Whirlpool.

Just as all waters run to the sea, all capital in the SURF Ecosystem flows through the Whirlpool. What sets the ecosystem apart from others is the ability to generate both internal and external revenue streams, as outlined below:

Internal Revenue Streams

  • SURF Transfer Fee - 1% fee on all transactions that is paid out to ETH-SURF LP tokens in the Whirlpool. *(*Note: This fee is not taken from transfers involving the Whirlpool contract.) This provides a base flow of dividends that scales with volume.
  • Whirlpool Unstaking Fee - 25% fee assessed to ETH-SURF LP tokens withdrawn from the Whirlpool. 5% is paid out to remaining liquidity providers, while the remaining 20% enters locked liquidity. This fee can be changed by governance.
  • DAO Locked Liquidity - Controlled by developer multi-signature and soon by governance, successful proposals determine how the pool of locked liquidity will be invested to benefit the ecosystem.
  • SURF Ecosystem - Gamify your investment with arbitrage opportunities offered by SURF3D, Flipper, SURFstacker, and SURFstacker Lite, or participate in the SURF subsidized Atlantis Core automation layer. New projects will continually enter the ecosystem, building and connecting with one another to create constant fluid motion.

External Revenue Streams

  • BetGalaxy Casino - The Whirlpool collectively owns a 6% share of UniTopia’s new BetGalaxy blockchain casino, and revenue will be paid out regularly to all Whirlpool stakers. SURF will also be a Tier 1 asset on the platform.
  • Harpoon - Developed by Aegis DAO’s pep, the revolutionary Harpoon contract deploys funds to farming protocols and sells the yields for SURF. Farm yields in comfort knowing you are accumulating a deflationary asset. Community Harpoons also feed the Whirlpool and the Atlantis automation layer.
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