Research Summary
The report discusses the potential of Scramble Finance’s $SCRAMBLE, a debase coin that has seen a 5000% increase and paid out 251 ETH since its inception. The report explains the different vaults and pools within the Scramble Finance ecosystem and how they work to protect users from debase.
Key Takeaways
Scramble Finance’s Performance
- Impressive Growth: The report highlights the impressive growth of $SCRAMBLE, which has seen a 5000% increase and paid out 251 ETH since its inception.
- Active Participation: The author of the report has been a liquidity provider for about two weeks and has earned 1.27 ETH, worth $3300.
Understanding Scramble Finance’s Ecosystem
- Debase Coin: $SCRAMBLE is a debase coin, meaning it will lose value over time if not put to work. The Scramble Finance ecosystem is designed to protect users from this debase.
- Game Theory Aspects: Scramble Finance builds upon original EGGS contracts with aspects of game theory, including a debase rate that equals the percentage of supply staked in the WHITE pool.
Scramble Finance’s Vaults and Pools
- WHITE and YOLK Pools: Users can deposit $SCRAMBLE in the WHITE vaults or $SCRAMBLE-WETH LP in the YOLK vaults. The YOLK pool has more weight in reward distribution and no lock period.
- Scramble Converter: Risk takers can enter the CONVERTER vaults to earn ETH. However, withdrawals would mean users lose their ETH rewards.
Upgrades in Scramble Finance
- Yield and XP Upgrades: Users can trade their Cooking Eggsperience points for increased yields. There are two types of upgrades: Yield upgrade lets you claim more SCRAMBLE, and XP upgrade lets you claim more XP.
Actionable Insights
- Consider the Potential of Debase Coins: The impressive growth of $SCRAMBLE highlights the potential of debase coins. Investors may want to research more about debase coins and how they can be put to work to prevent loss of value.
- Understand the Scramble Finance Ecosystem: The report provides a detailed explanation of the Scramble Finance ecosystem. Understanding how the different vaults and pools work can help investors make informed decisions.
- Consider the Risk and Reward: The CONVERTER vaults offer ETH rewards but come with the risk of losing these rewards upon withdrawal. Investors should weigh the potential rewards against the risks.
