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raise details and Milestones." }) }) }), "\n", _jsx(_components.h4, { children: _jsx(_components.strong, { children: _jsx(_components.em, { children: "Update 28/05/2024: Updated Highlights and Intergrated Protocols" }) }) }), "\n", _jsx(_components.p, { children: "It has been more than a year since we first announced the DeltaPrime raise on our protocol, and we are excited to announce that the time has arrived. We will be hosting DeltaPrime’s fundraise on May 30, 2024." }), "\n", _jsxs(_components.p, { children: ["Since the announcement of DeltaPrime, much has changed. We endured a brutal bear market and faced some of the toughest market conditions to date. Despite these challenges, we emerged stronger than ever. We hosted three successful raises, launched new features of our protocol, revisited and improved features that didn’t meet expectations after receiving community feedback, expanded our team, and are now working on more protocol developments than ever before. DeltaPrime has also seen significant growth, currently boasting a ", _jsx(_components.strong, { children: "Total Value Locked (TVL) of $38.12M [ATH TVL $50M] as of today." }), "\n", _jsx(_components.img, { src: "https://cdn.angelblock.io/Screenshot_2024_05_16_at_6_10_30_PM_9f1a50fa30.png", alt: "Screenshot 2024-05-16 at 6.10.30 PM.png" }), "\nBut first, let us properly introduce you to DeltaPrime. Specifically, in this article, we are about to dive deep into:"] }), "\n", _jsxs(_components.ul, { children: ["\n", _jsx(_components.li, { children: "What is DeltaPrime & How does it work?" }), "\n", _jsx(_components.li, { children: "DeltaPrime Highlights" }), "\n", _jsx(_components.li, { children: "$Prime Token" }), "\n", _jsx(_components.li, { children: "AngelBlock X DeltaPrime Raise" }), "\n", _jsx(_components.li, { children: "AngelBlock X DeltaPrime Milestones" }), "\n", _jsx(_components.li, { children: "How to Participate in the raise?" }), "\n"] }), "\n", _jsx(_components.h2, { children: "What is DeltaPrime & How does it work?" }), "\n", _jsx(_components.p, { children: _jsx(_components.strong, { children: "DeltaPrime was launched on Avalanche on January 10, 2022, after 18 months of development. On September 20, 2023, DeltaPrime was also launched on Arbitrum. DeltaPrime is a decentralized borrowing and investing ecosystem. You can lend out or invest with borrowed funds across the most popular protocols on Avalanche and Arbitrum, with a minimum collateral ratio of 20%." }) }), "\n", _jsx(_components.p, { children: "Depositors can lend out funds by depositing an asset into one of the liquidity pools (eg. $AVAX or $ARB). Borrowers can then borrow these assets for which they pay interest. The interest rate is dependent on supply and demand of that asset." }), "\n", _jsx(_components.p, { children: "Borrowers of these pools can invest borrowed funds, together with their full collateral, in a multitude of DeFi protocols. While borrowers can be liquidated if they lose too much value, they can also reap bigger rewards by making good investments. Depending on the strategy borrowers set up, they design their own Risk/Reward." }), "\n", _jsx(_components.p, { children: "What makes DeltaPrime's architecture unique is the ability to liquidate funds, independent of the protocol they are in at that time. DeltaPrime can do this by sending borrowed tokens to a personal, dedicated smart contract, instead of a personal wallet. See it as an escrow smart contract. While the borrower is solely in charge of this smart contract, it allows the protocol to protect the funds through liquidation if necessary." }), "\n", _jsx(_components.p, { children: "This method is very similar to a margin account. The main difference is that all funds in the account can be used, cross-margin, across a range of DeFi protocols." }), "\n", _jsx(_components.h2, { children: "Protocols already Integrated" }), "\n", _jsx(_components.p, { children: "Below is a list of the integrated protocols in DeltaPrime. When you deposit funds on DeltaPrime, you are indirectly investing in these protocols." }), "\n", _jsx(_components.p, { children: "Disclaimer: While the development team attempts to only integrate high-quality protocols: Always Do Your Own Research (DYOR) before investing." }), "\n", _jsx(_components.h3, { children: "Avalanche" }), "\n", _jsxs(_components.ul, { children: ["\n", _jsx(_components.li, { children: "Trader Joe" }), "\n", _jsx(_components.li, { children: "Trader Joe LB" }), "\n", _jsx(_components.li, { children: "Pangolin" }), "\n", _jsx(_components.li, { children: "Balancer" }), "\n", _jsx(_components.li, { children: "Colony Lab" }), "\n", _jsx(_components.li, { children: "Yield Yak" }), "\n", _jsx(_components.li, { children: "Yield Yak Swap" }), "\n", _jsx(_components.li, { children: "Paraswap" }), "\n", _jsx(_components.li, { children: "GM v1 & v2" }), "\n"] }), "\n", _jsx(_components.p, { children: "Farming protocols like Yield Yak often optimize Liquidity Providing to other protocols. This means that providing liquidity through them might also expose your capital to other protocols. For sake of transparency, these protocols are listed below." }), "\n", _jsxs(_components.ul, { children: ["\n", _jsx(_components.li, { children: "Aave" }), "\n", _jsx(_components.li, { children: "Benqi" }), "\n", _jsx(_components.li, { children: "Gogopool" }), "\n"] }), "\n", _jsx(_components.h3, { children: "Arbitrum" }), "\n", _jsxs(_components.ul, { children: ["\n", _jsx(_components.li, { children: "GMX v1 & v2" }), "\n", _jsx(_components.li, { children: "Trader Joe LB" }), "\n", _jsx(_components.li, { children: "Beefy" }), "\n", _jsx(_components.li, { children: "Yield Yak" }), "\n", _jsx(_components.li, { children: "Yield Yak Swap" }), "\n", _jsx(_components.li, { children: "Penpie" }), "\n"] }), "\n", _jsx(_components.h2, { children: "DeltaPrime Highlights" }), "\n", _jsxs(_components.ul, { children: ["\n", _jsx(_components.li, { children: "Revenue previous quarter: $1.650.000" }), "\n", _jsx(_components.li, { children: "Prime Accounts: 6000+" }), "\n", _jsx(_components.li, { children: "Volume swapped: $1.5B+" }), "\n", _jsx(_components.li, { children: "TVL peak: $50M" }), "\n", _jsx(_components.li, { children: "Integrated partners: 12" }), "\n", _jsx(_components.li, { children: "Insurance pool: $2.3M" }), "\n"] }), "\n", _jsxs(_components.p, { children: ["If you want to know more about DeltaPrime, ", _jsx(_components.a, { href: "https://linktr.ee/deltaprime", children: "you can read up here" }), "."] }), "\n", _jsx(_components.h3, { children: "$PRIME Token" }), "\n", _jsx(_components.p, { children: "DeltaPrime is an ecosystem. A place where unused capital is recycled, to once again provide value to the biggest and safest protocols on the chain. DeltaPrime unlocks incredible value within the blockchain, and demands a token that unlocks incredible utility within its ecosystem:\n$PRIME" }), "\n", _jsx(_components.p, { children: "The utility for $PRIME will consist of:" }), "\n", _jsxs(_components.ul, { children: ["\n", _jsx(_components.li, { children: "Automated-strategies - giving access to delta neutral & delta mitigating vaults, which have safe access to increased leverage" }), "\n", _jsx(_components.li, { children: "Additional tokens usable as collateral" }), "\n", _jsx(_components.li, { children: "Rewards for adding value to DeltaPrime’s stability pool" }), "\n", _jsx(_components.li, { children: "Increased leverage where safe" }), "\n", _jsx(_components.li, { children: "$PRIME based governance" }), "\n", _jsx(_components.li, { children: "Decreased transaction fees / spread when paid in $PRIME from personal vault" }), "\n"] }), "\n", _jsx(_components.p, { children: "The $PRIME token is designed to provide value through use: Paying in $PRIME on DeltaPrime unlocks the highest yielding opportunities, thus providing opportunity-yield. In doing so, we can expect rational actors to use the $PRIME token while interacting with the protocol.\nThis system sustainably removes $PRIME from circulation, while simultaneously increasing the value within DeltaPrime. Partnerships created, nurtured and wielded by DeltaPrime will keep the opportunity cost of switching to knock-off competitors higher than paying in the $PRIME token." }), "\n", _jsxs(_components.p, { children: ["For the detailed $PRIME tokenomics you can check ", _jsx(_components.a, { href: "https://docsend.com/view/d3p5j7zczey65kk9", children: "here" }), "."] }), "\n", _jsx(_components.h2, { children: "AngelBlock X DeltaPrime Raise" }), "\n", _jsx(_components.h4, { children: _jsx(_components.em, { children: "Update 21/05/2024: Section was updated with all the raise details" }) }), "\n", _jsx(_components.p, { children: "The launch price for $PRIME is set at $1.3125. However, investors on AngelBlock will be able to access it at $1.125." }), "\n", _jsx(_components.p, { children: _jsx(_components.strong, { children: "AngelBlock Raise Goals" }) }), "\n", _jsxs(_components.ul, { children: ["\n", _jsxs(_components.li, { children: ["Soft Cap: ", _jsx(_components.strong, { children: "$50,000" })] }), "\n", _jsxs(_components.li, { children: ["Hard Cap: ", _jsx(_components.strong, { children: "$200,000" })] }), "\n"] }), "\n", _jsx(_components.p, { children: _jsx(_components.strong, { children: "Raise Details" }) }), "\n", _jsxs(_components.ul, { children: ["\n", _jsxs(_components.li, { children: ["The ", _jsx(_components.strong, { children: "circulating supply" }), " of $PRIME at the time of launch will be ", _jsx(_components.strong, { children: "4,571,429" }), " tokens."] }), "\n", _jsxs(_components.li, { children: ["The ", _jsx(_components.strong, { children: "total supply" }), " of $PRIME is set at ", _jsx(_components.strong, { children: "40,000,000" }), " tokens."] }), "\n", _jsxs(_components.li, { children: ["The ", _jsx(_components.strong, { children: "initial market capitalization" }), " of $PRIME is set at ", _jsx(_components.strong, { children: "$6,000,000" }), " with the ", _jsx(_components.strong, { children: "fully diluted market cap" }), " at ", _jsx(_components.strong, { children: "$52,500,000" }), "."] }), "\n", _jsxs(_components.li, { children: ["The ", _jsx(_components.strong, { children: "minimum investment" }), " to participate in the DeltaPrime raise is set at ", _jsx(_components.strong, { children: "$500" }), "."] }), "\n", _jsxs(_components.li, { children: [_jsx(_components.strong, { children: _jsx("u", { children: "KYC is needed to participate in DeltaPrime’s raise. Investors who have not completed KYC, they won’t be able to contribute" }) }), " as opposed to the previous raises where non-KYCed investors were able to contribute up to $999. You can read more about that in the KYC process we have implemented below."] }), "\n", _jsx(_components.li, { children: "Investors will be able to participate in the raise with USDT on ETH mainnet. The token claim however will be on Avalanche." }), "\n", _jsx(_components.li, { children: "The Vesting Schedule is as follows:" }), "\n", _jsx(_components.li, { children: _jsx(_components.strong, { children: "Cliff: 0 months" }) }), "\n", _jsx(_components.li, { children: _jsx(_components.strong, { children: "Linear Vesting: 6 months" }) }), "\n"] }), "\n", _jsx(_components.h2, { children: "AngelBlock X DeltaPrime Milestones" }), "\n", _jsx(_components.h4, { children: _jsx(_components.em, { children: "Update 21/05/2024: Section was updated with all the raise milestones, more information added on Milestone 1." }) }), "\n", _jsx(_components.p, { children: "Our approach to governance is a distinctive feature of AngelBlock, distinguishing us from the competition. In each project listed on AngelBlock, a set of milestones is established before the fundraising event begins. Each milestone includes clear deliverables, timelines, the proportion of the budget to be unlocked for the projects, and the amount of tokens to be released." }), "\n", _jsx(_components.p, { children: "These milestones act as progress checkpoints and provide reassurance for investors. When a milestone date is reached, the startup submits a delivery report. As an investor, you then vote to approve or reject the progress based on this report. This system ensures the startup's progress and the release of funds becomes a shared responsibility between the startup and its investors." }), "\n", _jsxs(_components.p, { children: ["After our first successful fundraises on AngelBlock and reviewing the milestone process, we have decided to modify this process slightly. Specifically, to reduce the waiting time for the community between a project's fundraising and its launch, and to assist the project in acquiring the much-needed liquidity typically required at launch, we will be implementing two hardcoded milestones: ", _jsx(_components.strong, { children: "Milestone 0" }), " and ", _jsx(_components.strong, { children: "Milestone 1" }), ". These will likely be set as standard presets for most future fundraises."] }), "\n", _jsxs(_components.p, { children: [_jsx(_components.strong, { children: "Milestone 0:" }), "\nA liquidity unlock immediately after the fundraiser, which will help the project secure essential early liquidity for processes like CEX/DEX listings, protocol expansion etc. This will enable the startup to progress through their subsequent milestones more quickly and smoothly."] }), "\n", _jsxs(_components.p, { children: [_jsx(_components.strong, { children: "Milestone 1:" }), "\nA hardcoded milestone for all future fundraises, which will be the Token Generation Event (TGE) — essentially, their token launch. Milestone 1 will be tied to each project's first unlock, so investors can claim their first batch of tokens upon milestone approval. For example, if a project has a 3-month cliff period, then Milestone 1 will occur 3 months after their TGE (Token Generation Event). This milestone is designed to protect our investors by preventing startups from setting milestones unrelated to their actual launch, which could potentially delay their launch indefinitely or until they run out of funds or have one of their milestones rejected."] }), "\n", _jsx(_components.p, { children: "A specific framework will be implemented dictating how Milestone 0 and 1 will work on each start-up raising dependent on the total amount raised, investment round & start-ups development phase." }), "\n", _jsx(_components.p, { children: "This will be the case for the DeltaPrime raise as well with which we will be introducing Milestone 0 & Milestone 1." }), "\n", _jsx(_components.p, { children: _jsx(_components.strong, { children: "DeltaPrime Milestones" }) }), "\n", _jsx(_components.p, { children: _jsx(_components.strong, { children: "Milestone 0" }) }), "\n", _jsxs(_components.ul, { children: ["\n", _jsx(_components.li, { children: "Delivery date: End of the fundraise" }), "\n", _jsx(_components.li, { children: "Funds released: 33%" }), "\n", _jsx(_components.li, { children: "Deliverables: Launch DeltaPrime and achieve $35M TVL" }), "\n"] }), "\n", _jsx(_components.p, { children: _jsx(_components.strong, { children: "Milestone 1" }) }), "\n", _jsxs(_components.ul, { children: ["\n", _jsx(_components.li, { children: "Delivery date: July 15th 2024" }), "\n", _jsx(_components.li, { children: "Funds released: 23.1%" }), "\n", _jsx(_components.li, { children: "Deliverables: Perform IDO and have at least $1mm in liquidity in Trader Joe / Uniswap" }), "\n"] }), "\n", _jsx(_components.p, { children: _jsx(_components.strong, { children: "Milestone 2" }) }), "\n", _jsxs(_components.ul, { children: ["\n", _jsx(_components.li, { children: "Delivery date: August 15 2024" }), "\n", _jsx(_components.li, { children: "Funds released: 17.5%" }), "\n", _jsx(_components.li, { children: "Deliverables: Integrate Uniswap concentrated liquidity in both DeltaPrime Blue and DeltaPrime Red" }), "\n"] }), "\n", _jsx(_components.p, { children: _jsx(_components.strong, { children: "Milestone 3" }) }), "\n", _jsxs(_components.ul, { children: ["\n", _jsx(_components.li, { children: "Delivery date: September" }), "\n", _jsx(_components.li, { children: "Funds released: 26.4%" }), "\n", _jsx(_components.li, { children: "Deliverables: Reach 10.000 Prime Accounts (currently 6000) and $50mm TVL > 3 weeks" }), "\n"] }), "\n", _jsxs(_components.p, { children: ["If you are interested in learning more about our post-raise mechanics and how our milestones work ", _jsx(_components.a, { href: "https://angelblock.io/blog/post-raise-milestone-mechanics/", children: "you can do so here" }), "."] }), "\n", _jsx(_components.h2, { children: "How to Participate in the raise?" }), "\n", _jsxs(_components.ol, { children: ["\n", _jsx(_components.li, { children: "Staking Tiers" }), "\n"] }), "\n", _jsx(_components.p, { children: "At AngelBlock, we've instituted a distinctive staking tiers system designed to create a fair and rewarding environment for investors. By staking $THOL tokens, you are placed into specific tiers which each have their own level of priority access and ticket sizes to the fundraising projects." }), "\n", _jsx(_components.p, { children: "Here's a detailed look at our staking tiers:" }), "\n", _jsxs(_components.ul, { children: ["\n", _jsxs(_components.li, { children: [_jsx(_components.strong, { children: "Standard User (Tier 0)" }), ": Users who've staked 0 – 20k $THOL fall into this category. Standard users can invest up to $2k, and they gain access to the fundraise after the first three tiers have had their opportunity."] }), "\n", _jsxs(_components.li, { children: [_jsx(_components.strong, { children: "Value Investor (Tier 1)" }), ": Users staking 20k – 100k $THOL become Value Investors. These users have the opportunity to invest up to $10k and gain early access to fundraises after the first two tiers have participated."] }), "\n", _jsxs(_components.li, { children: [_jsx(_components.strong, { children: "Angel Investor (Tier 2)" }), ": With 100k – 500k $THOL staked, investors fall into the Angel Investor tier. These investors have access to larger investment ticket sizes of up to $25k, along with the privilege of second priority access for the given fundraises."] }), "\n", _jsxs(_components.li, { children: [_jsx(_components.strong, { children: "Institutional Investor (Tier 3)" }), ": Our top-tier users, staking 500k+ $THOL, are labeled as Institutional Investors. These individuals enjoy the most substantial benefits, being able to invest up to $50k and gaining first priority access to fundraises."] }), "\n"] }), "\n", _jsx(_components.p, { children: _jsx(_components.strong, { children: "Notably, any community sale participant who stakes a minimum of 1000 $THOL at the start of the raise will be considered a Tier 3 investor. DeltaPrime's raise will be the last raise where this privilege will be in effect for community sale participants." }) }), "\n", _jsx(_components.p, { children: "Each tier enjoys a 24-hour window of priority to invest in the project, starting with Institutional Investors, followed by Angel Investors, Value Investors, and lastly Standard Users. You can learn more about our staking tiers here." }), "\n", _jsx(_components.p, { children: "You can get THOL here:" }), "\n", _jsxs(_components.ul, { children: ["\n", _jsxs(_components.li, { children: ["Visit ", _jsx(_components.a, { href: "tokens", children: "Uniswap" }), " and swap your preferred tokens for THOL"] }), "\n", _jsxs(_components.li, { children: ["Visit ", _jsx(_components.a, { href: "https://www.mexc.com/exchange/THOL_USDT", children: "MEXC" }), " and get THOL through the USDT/THOL trading pair."] }), "\n", _jsxs(_components.li, { children: ["Visit ", _jsx(_components.a, { href: "https://www.bitmart.com/trade/en-US?symbol=THOL_USDT", children: "BitMart" }), " and get THOL through the USDT/THOL trading pair."] }), "\n"] }), "\n", _jsxs(_components.p, { children: ["You can stake your THOL ", _jsx(_components.a, { href: "https://angelblock.io/staking/", children: "here" }), " and you can learn more about staking ", _jsx(_components.a, { href: "https://angelblock.io/blog/how-to-stake-thol-and-nfts/", children: "here" }), "."] }), "\n", _jsxs(_components.ol, { start: "2", children: ["\n", _jsx(_components.li, { children: "The KYC process" }), "\n"] }), "\n", _jsx(_components.p, { children: "Participation in the DeltaPrime raise requires completion of a Know Your Customer (KYC) process. All contributions will be KYC-ed regardless of the amount invested. This process is designed to prevent fraud and illegal activities." }), "\n", _jsxs(_components.p, { children: ["The KYC process is managed by ", _jsx(_components.a, { href: "https://web.fractal.id/", children: "Fractal ID" }), ", an identity solution provider for the web3 space. Completing the KYC process prior to the raise can help avoid potential delays that may occur due to high demand during the raise.\nFor more information about the KYC process and how to complete the identity verification check out our ", _jsx(_components.a, { href: "https://angelblock.io/blog/a-walkthrough-of-the-kyc-process/", children: "dedicated article" }), "."] }), "\n", _jsxs(_components.ol, { start: "3", children: ["\n", _jsx(_components.li, { children: "Participating in the raise" }), "\n"] }), "\n", _jsxs(_components.p, { children: ["After completing your KYC and acquiring the required amount of THOL for the staking tier you desire, participating in the raise is a straightforward process. You can see the process of participating in a raise on AngelBlock with our step-by-step ", _jsx(_components.a, { href: "https://angelblock.io/blog/a-user-interface-guide/", children: "guide here" }), ".*"] }), "\n", _jsxs(_components.ol, { start: "4", children: ["\n", _jsx(_components.li, { children: "Post-Raise Governance" }), "\n"] }), "\n", _jsxs(_components.p, { children: ["On AngelBlock, the role of an investor extends beyond merely contributing capital. Upon making an investment, the contributor is assigned a Badge, a unique, non-transferable ERC-1155 token. This Badge symbolizes the investor's voting power during milestone voting, thus participating in critical project decisions.\nDue to their non-transferable nature, these Badges ensure only the original investors can take part in milestone voting, upholding the integrity of the project's development direction. It is essential for investors to vote from the wallet that initially received the Badge. You can learn more about badges and how they work by visiting our blog ", _jsx(_components.a, { href: "https://angelblock.io/blog/introducing-badges-a-feature-of-the-angelblock-protocol/", children: "here" }), "."] }), "\n", _jsx(_components.p, { children: _jsx(_components.strong, { children: _jsx(_components.em, { children: "Reminder: Keep the wallet you plan to invest in safe at all times. If anything happens to your wallet, there is no other way to claim your tokens or vote during the milestone process." }) }) }), "\n", _jsx(_components.p, { children: "Ready?" }), "\n", _jsx(_components.p, { children: "We believe it's essential for you, as an investor, to familiarise yourself with AngelBlock's unique features prior to the start of the raise on May 30, 2024." }), "\n", _jsx(_components.p, { children: "For any further queries or support, don't hesitate to reach out to us. You can do so by joining our community:" }), "\n", _jsxs(_components.ul, { children: ["\n", _jsx(_components.li, { children: _jsx(_components.a, { href: "https://discord.gg/angelblock", children: "Discord" }) }), "\n", _jsx(_components.li, { children: _jsx(_components.a, { href: "https://twitter.com/AngelBlock_io", children: "Telegram" }) }), "\n", _jsx(_components.li, { children: _jsx(_components.a, { href: "https://t.me/angelblockio", children: "Twitter" }) }), "\n"] })] }); } function MDXContent(props = {}) { const {wrapper: MDXLayout} = { ..._provideComponents(), ...props.components }; return MDXLayout ? _jsx(MDXLayout, { ...props, children: _jsx(_createMdxContent, { ...props }) }) : _createMdxContent(props); } return { default: MDXContent }; 2:["$","div",null,{"style":{},"className":"_1pfwdrmm6","data-color-mode":"$undefined","children":[["$","div",null,{"style":{},"className":"_1pfwdrm1b1 _1pfwdrm1bi","data-color-mode":"$undefined","children":["$","div",null,{"style":{"--_1pfwdrm1mq":"100%","--_1pfwdrm1ne":"1180px","--_1pfwdrm1kq":"1fr","--_1pfwdrm1kw":"1fr 372px"},"className":"_1pfwdrm56 _1pfwdrm5f _1pfwdrm6o _1pfwdrm6x _1pfwdrm86 _1pfwdrm8f _1pfwdrm9o _1pfwdrm9x _1pfwdrmfc _1pfwdrmh0 _1pfwdrmhi _1pfwdrm2c _1pfwdrm1mr _1pfwdrm1nf _1pfwdrm1kr _1pfwdrm1kx","data-color-mode":"$undefined","children":["$","div",null,{"style":{},"className":"_1pfwdrmhc _1pfwdrmlc _1pfwdrmo _1pfwdrmx _1pfwdrmno _1pfwdrmq0","data-color-mode":"$undefined","children":[["$","h1",null,{"style":{},"className":"ctchkr0 _1pfwdrmx6 _1pfwdrmxr _1pfwdrmzc _1pfwdrmz9 _1pfwdrmyu _1pfwdrmyx _1pfwdrm120 _1pfwdrm123","data-color-mode":"$undefined","children":"DeltaPrime is coming to AngelBlock on May 30! 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