Our claim contract is live for LP claims, this one will have no expiration date. We are going to ask you to use Arbiscan, and follow the steps below:
1. Open Link to Contract:
2. You are going to "connect your wallet" and then go to the section where
Get your OG roles while they are still available! Our whitelist sale will start on Sunday, September 3rd. If the cap is not reached by whitelisted participants, the public sale will start on Monday, September 4th.
We have OFFICIALLY concluded our Public Sale in under 36 hours, raising 300 ETH to bring the next paradigm of liquidity management to DeFi
- Next up, TGE, Audit, and Product Lauch
Giving out another 200 OG roles and an opportunity to be whitelisted to our upcoming public sale to early questers!
Join our discord for more information (linked in bio)
Unlimited Gambling Hack:
1. Supply liquidity to Concentric vaults
2. Stake CONE and xCONE rewards from vaults
3. Receive ETH from LP fees generated by protocol to xCONE staking
4. Gamble away on the next "50k FDV gem"
5. Repeat steps 3 and 4 if rugged
6. If 100x, congrats
We regret to inform you that our protocol has suffered a severe security breach due to a targeted social engineering attack on one of our team members holding the deployer wallet. This unfortunate incident led to unauthorized access and subsequent exploitation of our protocol.
Concentric may have found a new partner.
@Mozaic_Fi
has set up a proposal to move POL to Concentric, as we will be setting up a vault to support their token next week.
Mozaic 🤝Concentric
We’re confident in the growth of Arbitrum and its ecosystem. Using performance fees, we're acquiring governance in
@JonesDAO_io
,
@PlutusDAO_io
,
@dopex_io
& notably
@CamelotDEX
, with more protocols on the roadmap. Our goal? Direct liquidity to Concentric & Camelot, transcending
With Camelot’s new MM reward integration, our ETH-USDC live strategy test over the last 4 days is yielding over 100% with 60% coming from MM rewards. Imagine getting 100% from the raw LP and additional $CONE and $xCONE on top.
We're excited to launch our Market Maker incentive programme ⚔️
We're leveraging the Merkl platform to directly incentivise v3 liquidity, allowing active LPs to earn $GRAIL rewards.
Let's dig into the details - rewards go live at 10pm UTC today 👇🧵
Our GRAIL/WETH and WINR/USDC.e vaults are now live! As a reminder, users will begin to earn xGRAIL and ARB also once our integration with MERKL is complete a couple days.
Merkl has now supported Concentric vaults, to claim future ARB and xGRAIL please head to MERKL's UI for now until we support claim on our own front-end. Rewards get distributed every few hours, so you may not see any accrued now, but will be available later or tomorrow. We will
Proud to announce Concentric has officially launched $CONE and $xCONE
Next Steps:
- ETH-USDC Closed Beta Vault
- Redemption Contract for $xCONE
- Staking contract to disperse ALL LP fees from CONE-USDC and CONE-USDC to loyal $xCONE stakers.
- Completing audit and opening the
🔒 Vault Schedule:
1. ETH - USDC will be released at 8PM UTC
2. CONE - USDC will be released at 9PM UTC
3. USDC - USDT will release 10 PM UTC
For everyones benefit and ensuring it all goes smooth, this was the best way to deploy multiple vaults. Once all 3 are deployed,
Guess WHAT? Monday, October 30th is about to get real spooky when Concentric:
- Deploys new ETH-USDC and CONE-USDC vault with One click migration for existing LP’s and re-open new deposits for both
Launch 3 completely new vaults:
- CONE - ETH
- USDC.e - USDT
- ARB - USDC
To signal our long-term partnership with
@Mozaic_Fi
we have just completed a treasury swap of 193 CONE for 26,600 MOZ. As soon as LP’s can start claiming ARB from vaults, we will launch a MOZ pool and they recently passed a proposal to partner with a Concentric for their own POL
Camelot has passed KYC for the STIP grant and will be included in the next batch starting tomorrow ⚔️
We will be sharing details over the next few days to confirm the incentive allocations across our various pools & strategies.
Stay tuned - the quest is about to commence 🏆
Due to the recent security incident, we want to reassure everyone that Concentric vaults are safe.
We have done a full security review of the incident, confirming that Concentric and
@CryptoAlgebra
based AMMs such as
@CamelotDEX
are not impacted.
Congratulations to all the protocols who have reached quorum on their proposals, we are very excited to see the impact on activity levels to the entire
@arbitrum
ecosystem.
We're proud to announce Concentric will be partnering with
@cantinaxyz
to perform a security review of our protocol through Cantina's assembled team of top security researchers.
We have started emissions for MOZ-ETH, this vault specifically has a 60% split with LP's and 40% with the protocol as opposed to the usual 40/40/20 split. It will also be earning ARB on Camelot, so if you deposit make sure you head to MERKL or Camelot's app to claim your ARB
Currently wrapping up the staking contract and vault right now - we will start streaming out rewards tomorrow from swap fees on CONE-USDC and fees from ETH-USDC beta. Concentrating hard 🧐
Camelot is the largest native DEX & home to +50 partners on
@arbitrum
⚔️
As the ecosystem grows, Camelot continues to offer some of the highest yield opportunities across a wide variety of pools.
Triple-digit APRs with additional $ARB rewards... what are you waiting for? 👇🧵/1
Our first week of two live vaults, here’s the performance data:
Total Fees Generated: $1600
Fees to LP’s: $700
Fees to Stakers: $700
Buy Backs: $200
Expected Upcoming xCONE APR: 66%
Concentric now supports ARB <> ETH and SOL <> USDC pools. LP's will earn $ARB for contributing liquidity into these new pools.
As part of this announcement, we are rolling out a new fee split that compounds fees at 70% for liquidity providers and a 30% performance fee.
Under 1 week until our audit is complete: Here is our first round of vaults which will go live in the coming days:
- ETH - USDC
- CONE - USDC
- USDC - USDT
After our public sale, we will have TGE on Sept 8th and launch our first vaults, then overhaul tokenomics to add layers upon layers of utility for $CONE, while calmly giving $xCONE holders a large proportion of protocol revenue. See you at 6PM UTC
🧵 Addressing Concentric and IL:
Concentric will make DEX trading much more efficient through deep liquidity at multiple prices ranges, but how do we protect Concentric LP’s?
Concentric’s liquidity strategy has been optimized for both LP’s and xCONE stakers. When providing liquidity across 3 increasingly wider ranges, fee revenue is maximized during periods of high volatility.
The Whitelist sale of $CONE & $xCONE is NOW LIVE! 🔥
Check your eligibility and join the sale at: .
FCFS!✨
Act fast and be a part of it as we embark on this journey!
We haven't posted it publicly but our audit does in fact exist, we are moving all the code to the organization repo along with the report soon, and Concentric will be fully open-sourced.
We’ve completed our 4th buyback of $CONE and our 1st buyback of $MOZ as we’ve agreed to split their pools buyback allocated fees.
😦 $45,658 annualized of CONE
😨 $17,157.28 annualized of MOZ
We are not the same. You're in the trenches trying to rebalance your liquidity, I'll be apeing into egirls on with all the ETH I'll earn from staking $CONE
We have just posted a Concentric 101 on Mirror to give everyone some long-form insight into Concentric as a protocol and help guide you on your concentrating journey.
We have deployed:
SOL-USDC & ARB - ETH vaults.
Come 🧘♂️and earn $ARB with a new fee split that compounds fees at 70% for LP’s and a 30% performance fee. Emissions will begin soon, only at:
Props to
@AngleProtocol
for adding their internal reports to their UI, this is the breakdown for Concentric pools right now:
wETH-USDC:
- $CONE APR: 13.75%
- $xCONE APR: 41.25%
- $ARB APR: 17.90%
- FEE APR: 12.36%
TOTAL APR: 65.10%
‼️We have BOOSTED our WINR/USDC.e Vault over the next 7 days.
200 $ARB will only be available to our WINR/USDC.e depositors along with what they're already earning on Camelot. If it turns out to be a success, we will start boosting other pools also.
COME CONCENTRATE
Please find balances posted above. There will be a 7 days dispute period if the balance is wrong or you don’t see your wallet. Deadline is next Sunday, so please DM us if you would like to open a dispute.
Anyone looking to provide $eth / $btc / $arb liquidity and earn some juicy APRs (we've 1.5m arb, $cvx rewards and more to distribute) during
@arbitrum
winter, reach out to me or
@dopex_io
to join in as
@dopex_io
v2 and $rdpx launch partners