Everything You Need to Know About Fjord's Latest Cook, Terrace.
The all in one trading terminal curated internally by Fjord.
Let's see what it is, and why it’s an "easy cook" 🧵 ↓
2/ Before diving deeper into the project, let me share why I think this sale is a good opportunity:
• Terrace has raised a $4.7m seed round from big players in the space like @ycombinator and @HashKey_Capital.
• The valuation in the Fjord's sale is lower than the seed round valuation!
x.com/terrace_fi/status/183936...
• Fjord is curating Terrace directly.
• @fjordfoundry sales have been cooking hard recently, and being curated by Fjord makes it even juicier.
5/ What is @terrace_fi?
Terrace is a platform that aggregates major DEXs, CEXs, OTC platforms, tools, and market makers into a single terminal.
What Protocols Specifically?
• Binance, OKX and Bybit
• Wintermute and B2C2
• 40+ DEX via 1inch
• Dexscreener and Debank x.com/i/web/status/18656763835...
6/ How Does It Work?
Terrace acts as a frontend integrated into 50+ top crypto platforms that connects users to all these platforms through a unified UI. In short, a nice CeFi-DeFi protocol. x.com/i/web/status/18656764017...
7/ So, users can trade on-chain and off-chain at the same time, get access to deeper liquidity, and, as a result, get better prices while also saving time, all by using just one dApp.
8/ Benefits of Using Terrace
• Smarter Trade Routing → Better Prices
• Gasless TXs → Lower Costs
• Pro-Level Order Types → Market Edge
So basically, users will be able to save money, time, and also gain an edge against normal onchain users. x.com/i/web/status/18656764226...
9/ Want to Learn More About It?
• Website: http:/www.terrace.fi
• Docs: http:/docs.terrace.fi
• Fjord Sale: app.fjordfoundry.com/token-sal...
p.s.: this thread is created with input from the terrace team. x.com/i/web/status/18656764273...
TLDR
• The Fjord sale is below the seed round FDV, while being unlocked 100% at TGE.
• $4.7m seed + gud backers.
• Curated by Fjord itself.
• Fjord sales been on a great ROI streak.
• ROI streak + lower vals than seed + 100% unlock → ez bid.
That's it! If you found this thread useful, make sure to bookmark it.
+ Retweet and Like the first tweet to support my work. 🤝
And Follow me at @AmirOrmu for more. 🫡
x.com/AmirOrmu/status/18656763...
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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