Pools Monitoring & AIM Pilot: Dev Update.08

Recently I deployed updated Tokens Monitoring (also known as Mainnet Monitoring). Crucial new features include deployer nametag detection, so you won’t miss the next token by “Yearn: Deployer” and the initial version of the code analysis.

Code analysis compares the core token functions against a Base Token. It is useful to notice the “extra” code. It not always means it is malicious, but it makes easier to judge yourself. In the example below, it detects a section of code implementing a blacklist mechanism:

This feature is pretty rough around the edges at the moment, and highlights a lot of things. As I build up the safe patterns, it will evolve and get more user-friendly.

Pools Monitoring

Today I am deploying the updated Pools Monitoring (formerly known as Uniswap Monitoring). It monitors new pools created on Uniswap and Sushiswap. I want to include Balancer next.

New features include monitoring of all new pools, not just the ones paired with ETH. You will see new pools created with USDT, USDC, DAI or any other token. This means you will also see the Token-Token pools.

AIM Pilot

I have devised a strategy aimed at Uniswap that would potentially work well as the AIM Pilot. The main condition for this strategy is Uniswap keeping its daily volume at a good amount. It not necessarily needs brand new pools or tokens. It should scale relatively well, however I plan to include a per-address cap. It is a pilot after all. I hope to start it by the EOY.

From the user perspective, it would be similar to providing liquidity to Uniswap, but through the Dapp: you would need to satisfy the increased TRND holding requirement (read about it in the next section) and then supply to the AIM smart contract a pair of DAI + xTRND (please note, I do mean a pair, not staking a single UniV2 LP token). You would receive AIM share tokens in return, representing your AIM pool share.

The contract would lock your xTRND for a certain period of time called an Epoch, and operate using the pooled DAI. Once the epoch is finished and the lock is released, you would be able to claim the DAI profits or withdraw your profits and the original DAI + xTRND tokens using the AIM share tokens.

The AIM Pilot would be Epoch 0. The investment ratio during this epoch would be 1 xTRND : 1 DAI. This means that today, you would need to hold $5 worth of xTRND to invest 100 DAI.

When you claim your DAI profits, there will be a 3% success fee on any DAI profit above your initial DAI deposit. This fee would be split 3 ways, each 1% going to: DAI/TRND liquidity providers, DAI/xTRND liquidity providers, and the dev. Liquidity providers would need to stake their UniV2 LP tokens with the AIM smart contract to be eligible.

When you withdraw your deposit using the AIM share tokens, the AIM share tokens are burned and you get your DAI + xTRND back. However, there will be a 2% withdrawal fee on your xTRND, split 2 ways: 1% going to the dev, and 1% going to the farming incentive for the ETH/TRND pool.

The incentive for the ETH/TRND pool will also be the farming of the recycled xTRND once the Dapp and the DAO begin to consume it. And yes, about the Dapp…

Dapp is free, but

The Trendering Dapp has always been free. The requirement to hold 13 TRND means you can freely test the Dapp without paying anything, and you only risk the TRND token price swings during your tests.

I plan to add certain data aspects built for the AIM into the Dapp along the AIM Pilot. This will help me monitor things, and may help you as well. As such, the Dapp should be moving to become more exclusive as time goes by. With this in mind, I plan to increase the Dapp requirement to 130 TRND by next week. However, this requirement can decrease in the future as well.

The DAO consumes xTRND during the proposal submissions and voting. Additionally, some elements of the Dapp will need to consume xTRND to work. For example, upvoting/downvoting token listings or running the live price/tx tracker may consume small amounts of xTRND per request. But this is further down the line.

I am reading the Trendering Private group voices on making it more exclusive as well, and I am inclined to increase its requirement similarly, to something like 170 TRND. Let’s do it this week? This time the requirement would be open to decreases as well.

11 thoughts on “Pools Monitoring & AIM Pilot: Dev Update.08

  1. Velvet

    $900+ is wayyyyy too expensive for the private group. I personally feel like the point of that group is to have insightful and meaningful discussion, not to have an elite private group of rich people. I am in favor of making it more exclusive, but raising the entry fee doesn’t seem like the best way to do it. Many people like myself will not dish out the extra $700 just to stay in. Many long time contributors like me have also been a member for a long time, and purchased our entry fee when TRND was $25. So making us pay even more to get back in now, seems like a kick while we’re down. I like the slowly increasing entry fee, which keeps demand up. Maybe decrease the Cap to 200? maybe increase the entry bump to 2TRND per day?

    Of course, this opinion applies to the $700 price tag on access to the Dapp, but that is slightly more reasonable considering all that the Dapp has to offer. That being said, I also would not pay that price tag until AIM is live. There are several mainnet and uniswap monitors that exist for lower price tag.

    Thanks for everything you do! Even though I am against price increase, I am in strong support of this project in general, and very bullish. Just keep in mind crypto is in an adoption phase now. You want to make adoption easier, not harder.

    1. C Post author

      Thank you for your point of view. We are still in the phase of reaching a valuable equilibrium. That said, I noticed a strong inverse correlation between the amount of negative sentiment towards a project and the amount of capital invested. Please note that the hold requirement is not a price tag, or a fee. It is a deposit. You can hold the requirement for a week or two and decide if this is for you or not. TRND price does not move that much to incur significant losses. Making things overly complicated is pointless.

  2. Kikop

    You invest $ and stablecoin and you get a shit worth token TRND Xtrnd And this year the AIM token
    This doesn’t look like a genius project, just another ponzi scheme.
    You write a lot, buddy, that’s all. You would be a good seller because you promise a lot.

    Pass, bye C.

  3. Kikop

    $=TRND (phase one)
    $= XTRND (phase two)
    Dai +XTRND = AIM (phase three)
    Phase three will be last in this soft rug.


    BYE C.

    1. C Post author

      I guess it is good you are gone, having understood nothing about Trendering. TRND is the key to the Protocol. xTRND is the fuel the Protocol runs on. xTRND is needed to make sure active participants and supporters of the Protocol are the biggest participants. Short-term pnds do not interest me. That’s why almost the entire 1.3M xTRND supply was airdropped for free to the ETH-TRND liquidity providers. Out of these 1.3M xTRND, I hold about 22K of leftovers. Not sure how can I rug with that.

      Out of 113K TRND in circulation, I held 13K, and just gave out 4K to the DAI-TRND and DAI-xTRND providers. I still have just above 8K, and over the course of 6 months Trendering was running sold about 1K to cover various ETH costs.

      The AIM token will be something similar to the UniV2-LP token.

      Your comment pretty much convinces me that Trendering is on the correct path.


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