Sphere Finance (🔮,💜)

What if liquidations weren’t a total loss? 🤔 At Preon, when a Nebula Vault is liquidated, the Stability Pool absorbs the collateral, distributing it to depositors at a discount. Talk about turning risk into opportunity! Stay protected & get rewarded ⬇️

🌟 The future of stablecoins is here! Yield-bearing stablecoins are transforming DeFi by offering passive income while maintaining stability. Stability and earnings — why not both? 👩‍🚀

You won't want to miss this one, Preonauts! 👀

What if you could: 🌟 Earn yield 🌟 Maximize your liquidity 🌟 Harness the power of an innovative ecosystem All in one move? We're shaking up the rules with @FenixFinance with the launch of our new $PREON / $STAR vAMM LP 🔥 Ready to explore the future? 👀 Preon's intra-ecosystem stablecoin, $STAR, allows us to create powerful synergies with other tokens. In this case, we're doing it with $PREON 🦾 🌟 $STAR: Our stablecoin supports 0% interest borrowing, forming the foundation for powerful and stable strategies. 🟣 $PREON: The native omnichain utility token empowers the ecosystem, with $oPREON emissions and $vePREON governance and revenue sharing providing unique earning and voting opportunities. With Preon V2, depositing $STAR into the Stability Pool will allow users to earn $oPREON emissions 💸 These can be: 🔹 Redeemed for discounted $PREON 🔹 Swapped for $STAR 🔹 Zapped into $vePREON, Preon’s governance token Now, $STAR and $PREON come together in this new vAMM LP on @FenixFinance on the @blast network 🎉 💥 Why Blast Chain? The Blast Chain is a leading Ethereum L2 solution. It integrates native yield for $ETH, leveraging staking and RWAs. With bridges like @jumperapp, moving assets to and from Blast is seamless, making it an ideal hub for liquidity and yield farming. Both $STAR and $PREON are OFTs enabling direct bridging through Preon’s dApp via LayerZero. It’s as easy as selecting your departure and destination chains, inputting your amount, and bridging. 🔍 How to Use the $PREON / $STAR vAMM LP 1⃣ Bridge Your Tokens: Use Preon’s dApp to bridge $STAR or $PREON to Blast Chain. 2⃣ Add Liquidity: On Fenix Finance, head to the Liquidity section, search for $PREON and $STAR, and add them in equal proportions based on the pool parity. 3⃣ Stake & Earn: Approve your tokens (be mindful of approval limits) and deposit them into the pool to start earning yield. 4⃣ Manage Your Position: Track your rewards and manage your stake via the dashboard. 💸 Start Earning Today With the $PREON / $STAR vAMM LP, you’re participating in an innovative ecosystem built on interoperability and efficiency that optimizes your yield for you. 🔗 Deposit here: fenixfinance.io/liquidity/de… Join the Conversation! Visit our Discord for updates, insights, and community support 👩‍🚀 👾 discord.gg/preon

Boost your stable earnings with our new $USDC / $STAR concentrated stable liquidity pool on @aeroxyz ✈️ Enjoy an impressive 139% APR and put your stables to work in a pool with $10M+ TVL 🌟 Maximize your capital efficiency today! 🔗 Deposit now: aerodrome.finance/pools?toke…

🔥 Think we were done for today? Not even close! 🔥 We’ve just launched another new LP, this time a vAMM on @FenixFinance —fully deployed and incentivized! Plus, the Preon bridge is now live for both STAR & PREON to and from @blast, making it easier than ever to move your assets cross chain. And don’t worry — this is just the beginning of our journey. Stay tuned for more! 🚀

🚀 New STAR/USDC Concentrated Liquidity Pool is Live on Aerodrome! 🚀 We’re thrilled to announce the launch of the highly-anticipated STAR/USDC CLP on @aeroxyz ! Now, you can provide liquidity in this dynamic pool and earn rewards by capturing fees more efficiently within a specific price range. It’s a huge step toward maximizing returns on your STAR and USDC assets! Why Join the STAR/USDC CLP? By concentrating liquidity within selected price ranges, you can optimize your rewards, improve trading efficiency, and reduce slippage for STAR/USDC swaps. This is an ideal opportunity to make the most of your assets in the DeFi ecosystem with Aerodrome’s innovative features. Jump into the STAR/USDC CLP on Aerodrome today and become part of the future of decentralized finance! Happy farming! 🚜💰

Hey Preonauts 👩‍🚀 We've successfully added the $PREON / $STAR liquidity pool on Aerodrome on Base 🥳 While a gauge is not yet available, we hope to have one applied in the future. Explore the pool here ⏬ aerodrome.finance/deposit?to…

What’s Behind the Stability of $STAR? Curious how Preon’s stablecoin, $STAR, maintains its value in a volatile market? 🤔 Spoiler: it’s more than just a stablecoin. $STAR is fortified by a system designed to secure its peg & safeguard user assets. Let's discover the burning core of $STAR 🌟 Stablecoins are a mainstay DeFi offering, and one of crypto's biggest use cases. And $STAR, Preon’s stablecoin, plays a pivotal role in the Preon and @SphereDeFi ecosystems 💜 To maintain the stablecoin's defining principle, its stability, a reliable stablecoin peg is crucial. But what makes $STAR so resilient? ⏬ The answer lies in: 1⃣ Its overcollateralization model 2⃣ A system built to protect user assets Let's talk about the backbone of $STAR's peg stability: overcollateralization. $STAR is overcollateralized to ensure stability and reliability. Every $STAR minted is backed by at least 110% collateral locked in Preon’s Nebula Vaults. This means that for each 1 $STAR issued, there’s at least $1.10 in collateral supporting it, ensuring that $STAR remains stable even under market instability. In practice, $STAR is currently overcollateralized by over 220%, with more than $2.20 in collateral for each $STAR minted. This additional collateral acts as a buffer, safeguarding $STAR’s peg and protecting against potential volatility 🦾 Now, let's get into how Preon adds another layer of peg strength through LTV ratios. To keep $STAR stable, borrowers in the Preon ecosystem must manage their Loan-to-Value ratios. A higher LTV ratio allows borrowers to leverage more assets, but it also brings higher risk. If a loan’s LTV exceeds a safe limit, the position becomes susceptible to liquidation to protect the overall collateral backing $STAR. The Nebula Vault also has an LTV threshold; if it surpasses this maximum, the system activates recovery mode. This enables liquidation of positions above approximately 72% LTV. These safeguards help maintain the security and peg stability of $STAR 🌟 This just leaves one final piece of the puzzle: additional support through the Peg Stability Module 👩‍🚀 In addition to collateral, $STAR can also be backed 1:1 by other decentralized stablecoins, like $LUSD. This can be done via the PSM. While this mechanism plays a minor role compared to the primary collateral backing, it serves as an added layer of stability to ensure that $STAR holds its peg under various conditions. As you can see, $STAR was built with security in mind ✅ Safety is central to Preon’s approach. On the Preon dashboard, users can view data on $STAR’s overcollateralization, including: 🌟 Total $STAR minted 🌟 Total collateral backing 🌟 PSM data This openness lets users monitor the strength of their assets firsthand. Want to explore the Preon dashboard yourself? 🔗 app.preon.finance/ Additionally, Preon prioritizes security through: ➡️ Peer reviews ➡️ Extensive testing ➡️ Thorough code audits This all serves to minimize risks and build trust in the stability of $STAR 🦾 With its strong overcollateralization model, careful LTV management, and multiple layers of stability, $STAR exemplifies what a secure, resilient stablecoin can be in the DeFi space. Preon is expanding in utility and offerings, with more collateral types on the way 👀 Want to stay ahead of the game? 🤔 Explore Preon and join our Discord to stay updated on upcoming collateral options and ecosystem developments! 🌟 Borrow $STAR: app.preon.finance/borrow 👾 Join our Discord: discord.gg/preon

Fun fact: $STAR is overcollateralized by 2.025x right now. Overcollateralized with what? Tune in to find out! 🌟

Fed up with interest rates that never stop climbing? 🤔 Preon's borrow fee structure puts an end to the madness. No matter if you borrow for one year or two, Preon makes your borrow fees stable—and makes them work for you 🌟 Here's how Preon's fees help you borrow smarter ⬇️ ➡️ Fixed Fees Preon offers a fixed 8% fee over a 6-month period when you borrow $STAR 🌟 You can think of it as a 4% APR, but with a key advantage: 🔹 After 6 months, the fee stops increasing. For example, if you borrow 1000 $STAR, you’ll incur an 80 $STAR fee if your vault stays open for 6 months. And here's where the magic happens 🪄 Even if you leave it open for 1 year or 2 years, the fee remains the same—just 80 $STAR. This is a unique approach to the borrowing norm, where an APR keeps accumulating the longer you hold your position. Instead of worrying about variable interest rates, Preon’s fee is one-time. This means it won't change unless you decide to borrow more $STAR. And if governance proposes a fee adjustment, this will only apply to new vaults, keeping your current position safe from changes. 🌟 Borrow STAR Today on Preon With Preon's fixed fee structure, you can enjoy borrowing with no growing interest. Regain maximum control over your financial position 👩‍🚀 Visit the Preon dApp now to borrow $STAR against a wide variety of collateral options and leverage the benefits of our fixed fee structure. ➡️ Start Borrowing on Preon: app.preon.finance/borrow

The introduction of ve(3,3) DEXs represents a shift—creating powerful alignment between liquidity providers, protocols, and traders. But what makes ve(3,3) truly game-changing? 🤔 Here's how Preon taps into this model to harbor sustainable liquidity and amplify yield ⬇️ 🌟 How ve(3,3) DEXs Change the Game ve(3,3) DEXs incentivize all participants towards a common goal—deep liquidity. Liquidity providers look for returns for their liquidity deposited. A protocol aims for low-slippage swaps And traders seek efficient exchanges. With ve(3,3), everyone is motivated to contribute. Here’s how it works: Let's use @aeroxyz as an example. Liquidity providers contribute to pools, earning emission tokens like $AERO as rewards. But here's the twist—ve(3,3) integrates voting power with these tokens, allowing users to lock their rewards into vote-escrowed tokens like $veAERO. These locked tokens enable users to vote on which pools should receive emissions, creating a feedback loop where deeper liquidity attracts more votes, yielding even higher emissions. This flywheel effect increases rewards for LPs and benefits traders through lower slippage and more efficient swaps​ 🦾 🌟 Aligning Preon Finance with ve(3,3) Preon's integration takes the alignment of incentives through ve(3,3) beyond liquidity provision. When Preon bribes the $USDC / $STAR pool on Aerodrome on @base, it: 🔹 Incentivizes liquidity providers 🔹 Strengthens $STAR’s utility as a stablecoin With deeper liquidity in $USDC / $STAR pools, traders experience more efficient swaps, and LPs earn enhanced $AERO emissions. But there’s more to the story 👀 $STAR must be minted for these pools, creating additional demand for collateralization on Preon. This process generates fee revenue, benefiting Preon (and, later, $vePREON holders who are directly involved in governance). Through the locking and staking mechanisms of ve(3,3), Preon’s governance becomes increasingly decentralized and more aligned with community interests​ 💜 🌟 The ve(3,3) Flywheel's Self-Sustaining Ecosystem What makes ve(3,3) DEXs unique is their self-reinforcing nature. As deeper liquidity pools attract more emissions and trading volume, protocols have additional incentives to offer bribes. This further enriches voters and liquidity providers 🦾 This continuous cycle not only deepens liquidity but also ensures that all participants benefit, from the smallest retail users to large DeFi protocols​. Preon’s integration with ve(3,3) means that every participant can play a part in building a robust and efficient ecosystem 💜 💬 Join the Community Want to dive deeper into everything Preon is building? 👾 Join us on Discord: discord.gg/preon