After just 4 hours, this token is 100% sold out on Fjord Foundry.
Here's why.🧵
.
• A Fair Price for Retail.
Everyone is tired of VCs and investors getting ridiculously cheap valuations, while the rest of us get dumped on.
Aware of this, $TANGO held their raise at the EXACT SAME valuation as investors ($45M). Plus, they imposed a 1 year cliff and 2 years of vesting on early investors.
• Product first, token second.
Prior to launch, @Contango_xyz achieved +$3.8B in total volume and open interest ATH at $350M, second only to Hyperliquid.
It's TVL also climbed to $41M.
• A Simple and Appealing narrative.
Looping made easy. Pendle Beta Play.
Let's be honest. Most of us don't have time to research complex leverage and looping strategies.
However, with Contango, you can automate complex looping strategies across LSTs, LRTs, Pendle PTs to gain extra yield on your capital.
• Strong Backers.
Parafi, Spartan, Coinbase Ventures. Need I say more?
It's really that simple. People just want actual working products they can invest in at a fair price. That's all they want.
Missed out on this raise?
There will be future opportunities to acquire $TANGO on the open market.
As an early investor, I am excited to see where this project goes.
Note: I am an early investor in Contango and this post was made in collaboration with them. However, I never collaborate with projects I don't believe in. Do your own research. No financial advice.
After just 4 hours, this token is 100% sold out on Fjord Foundry.
Here's why.🧵
.
• A Fair Price for Retail.
Everyone is tired of VCs and investors getting ridiculously cheap valuations, while the rest of us get dumped on.
Aware of this, $TANGO held their raise at the EXACT SAME valuation as investors ($45M). Plus, they imposed a 1 year cliff and 2 years of vesting on early investors.
• Product first, token second.
Prior to launch, @Contango_xyz achieved +$3.8B in total volume and open interest ATH at $350M, second only to Hyperliquid.
It's TVL also climbed to $41M.
• A Simple and Appealing narrative.
Looping made easy. Pendle Beta Play.
Let's be honest. Most of us don't have time to research complex leverage and looping strategies.
However, with Contango, you can automate complex looping strategies across LSTs, LRTs, Pendle PTs to gain extra yield on your capital.
• Strong Backers.
Parafi, Spartan, Coinbase Ventures. Need I say more?
It's really that simple. People just want actual working products they can invest in at a fair price. That's all they want.
Missed out on this raise?
There will be future opportunities to acquire $TANGO on the open market.
As an early investor, I am excited to see where this project goes.
Note: I am an early investor in Contango and this post was made in collaboration with them. However, I never collaborate with projects I don't believe in. Do your own research. No financial advice.
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