RevTec.fi

◆ (Re)introducing: RevTec ◆ 🤝 New name, new website, new commitment to 100% REV sharing. Solana's first staking protocol to isolate REV for stakers. Align yourself with Solana's economy. 🧵👇

Since 2021 I've been waiting for the blossoming of on-chain interest rate swaps and yield products. There is no on-chain yield ecosystem without tools like @ExponentFinance Watch this space 👀

◆ Good REV only, thanks ◆ We maximize legitimate REV by running the latest validator hardware, in the lowest latency locations, while using the @jito_labs BAM validator client. Our goal is to grow alongside the Solana network, not by harming it. Source: ibrl.wtf/validator/revt…

◆ No malicious behaviors ◆ We're committed to sharing 100% of priority and 100% of Jito Tips with the holders of revSOL. 🥪 But we'll NEVER collect REV in malicious ways, via sandwiching, late block packing or otherwise. Source: sandwiched.me/validators/B1r…

🙅‍♂️ Our stance on bad MEV Collecting REV yield is critical to revSOL's APY. That said, we won't maximize REV at all costs.👇

🧠 Still not grasping how revSOL and issSOL will work? 📖 Time to hit the docs: 👇 revtec.gitbook.io/revtec-docs/de…

🛠️ DeFi needs new primitives, not more copy-pastas. DeFi copy-pasta is everywhere: Familiar concepts on new chains, or with points. There are still primitives to be built: Instead of building “on top” of existing protocols, why not build “below”? Soon.

You should believe in Solana (the blockchain) Express your belief, not by holding SOL But by collecting its revenues directly. Stake, collect REV. Soon.

◆ What is SOL good for? ◆ It can pay fees to transact on Solana. It's a highly liquid trading pair. It produces real yield via staking.

🔵 Sorry, but SOL is not an investment vehicle People buy SOL as a proxy for the success Solana's blockchain. But that's all it is, a proxy.

💪 RevTec will become Solana’s largest staking pool. Why? Would you rather: hold an LST with a lower APY, or an LST with a higher APY? When block rewards increase, revSOL will outperform other LSTs.

Thanks to @MarinadeFinance for getting a staking yield index published, using on-chain data. 🙌 This will unlock use cases like interest rate swaps, hedging, and perps for trading Solana's yield 💪

🪙 Solana’s 1000s of LSTs are all the same, just competing over distribution. They all have similar fee structures. Some claim to share block rewards, but there's no way to verify. It's time for something new. It's almost time to unlock access to REV and let stakers choose.

If only you could profit from this trend... Hint, it's not by holding SOL, or even by staking SOL

👀 are we back, chat?

@lui1of1 just wait until you can trade this chart 🙂 (soon) @RevTec_fi

🌐 Chart source: blockworks.co/analytics/sola… 📖 Check us out: revtec.fi

What will this mean for RevTec? 💪 We'll pass transaction fees back to stakers, by rolling the yield into the revSOL LST. More real yield than you get anywhere else.

At first, staker APY will be largely the same as before. But once the chain gets busy, stakers will see upside from increased REV. Validators, meanwhile, will enjoy more steady revenue. What's not to like?

Once SIMD-123 comes into effect, it will be time to revisit validator fee-sharing. @benhawkins @TimGarcia0 1. Allow validators to charge more on inflation 2. Validators will share REV upside with stakers.

Validators, change is coming. It's time share priority fees with stakers. 🙅 But that doesn't mean a reduction in revenue. 🧵👇