Dracula v2.1 Post-Launch Update

Introduction

Post Launch Update

Fund Meetings

Initial DAO Council

High-Level Roadmap

New Snapshot Proposal

Conclusion

About Dracula Protocol

  • Dracula drastically reduces gas fees by pooling together user yields. This enables Dracula to act on behalf of thousands of users simultaneously with just a single transaction. This single transaction fee is then distributed over thousands of users.
  • Dracula boosts user yield by placing pools of yield in interest-bearing vaults. This typically results in an added 8–15% boost on top of user returns (Excluding a performance fee that is typical for any yield aggregator).
  • Dracula automatically compounds user yield. Regular compounding leads to exponential returns over extended periods of time vs. linear returns.
  • Dracula delivers your LP rewards to you in ETH, basically allowing anyone to earn pure ETH with any LP token without manual intervention.
  • Dracula does *not* reward liquidity providers minting hyperinflationary tokens that supress price. DRC is non-inflationary with 100% of supply circulating. It is acquired from the markets directly whenever a user chooses DRC over ETH, and additionally through a 3.75% LP fee.

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