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Based Bovem

@basedbovem

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$FXN & $AISM https://t.co/Em8LsSYtf1 Stay Informed, Stay Based. Your Daily Dose of Based.

Joined June 2022
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@basedbovem
Based Bovem
2 days
Still bullish as ever on $FXN . - Fees hit ATH in July.- Protocol-owned liquidity keeps growing.- 75% of treasury revenue flows to veFXN holders.- OpenZeppelin audit confirms robust core.- No liquidations, no funding fees. Market's still sleeping on this. 4 digits is programmed
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@basedbovem
Based Bovem
3 days
I read the full OpenZeppelin audit report on @protocol_fx's f(x) v2 so you don’t have to🧠🔍. It’s packed with technical details, so here’s the simple version. Core systems? Solid🏗️.Peg mechanics? Smart🎯.Market? Still sleeping on $FXN. Here are the 3 most important takeaways:
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@protocol_fx
f(x) Protocol
3 days
Audit Report Released. Over the past months, @OpenZeppelin has conducted an in-depth audit of f(x) Protocol V2.0, covering leveraged trading logic, $fxUSD stability, oracle systems, and asset management. The verdict:. "Robust architecture and high resilience.". We're proud to.
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@basedbovem
Based Bovem
5 days
RT @AISafetyIntern: The God in a Box Illusion. We’re building a mind smarter than all of us combined. A digital god. And the plan is to kee….
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@basedbovem
Based Bovem
5 days
RT @basedbovem: I'm picking up $STEAM, and so should you. If you’ve been deep in $CVX, $CRV, or $FXN like I have, this one’s gonna click f….
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@basedbovem
Based Bovem
6 days
TL;DR on $STEAM:. → Real rewards for real usage.→ Powers synthetic assets and yield.→ No liquidations, no vapor.→ Public sale coming soon.Zhenglong is heating up. $STEAM is how it moves.
docs.zhenglong.finance
Let's be real: synthetic assets sound powerful. But most of them? Clunky, brittle, overly complicated — and definitely not paying your bills.
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@basedbovem
Based Bovem
6 days
And yeah, the public $STEAM sale is coming up. The system’s designed. Docs are live. The mechanics are working. If you like getting in early, now’s the time to start paying attention.
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@basedbovem
Based Bovem
6 days
Zhenglong isn’t trying to copy $CRV, $CVX, or $FXN. It’s building a new category:.→ Synthetic tokens that earn.→ Safe leverage with no margin calls.→ A clean incentive loop powered by $STEAM.Less farming. More building.
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@basedbovem
Based Bovem
6 days
The whole thing is super clean. zheTOKENS give you passive yield.steamedTOKENS give you leveraged exposure.$STEAM ties it all together.No liquidations. No funding fees. No bribes. Just pure DeFi.
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@basedbovem
Based Bovem
6 days
And $STEAM won’t just be a farm-and-dump token. It’ll have real utility:.→ Boost your rewards (think ve-style stuff).→ Vote on changes.→ Access features only for real participants.You earn it. Then you put it to work.
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@basedbovem
Based Bovem
6 days
Zhenglong uses yield-bearing stuff like $stETH and $fxSAVE. That yield doesn’t just sit there. It powers the whole system. The synthetic tokens you mint are backed by real assets. $STEAM is what you get for keeping it all running smoothly.
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@basedbovem
Based Bovem
6 days
So what is $STEAM?. It’s the reward token for @ZhenglongFi. You earn it by actually using the protocol:.→ Minting zheTOKENS.→ Trading steamedTOKENS.→ Joining stability pools. No pointless farming. Just real activity = real rewards.
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@basedbovem
Based Bovem
6 days
I'm picking up $STEAM, and so should you. If you’ve been deep in $CVX, $CRV, or $FXN like I have, this one’s gonna click fast. @ZhenglongFi is doing something different. Real yield, synthetic tokens, no liquidations. And $STEAM runs it all.
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@ZhenglongFi
Zhenglong
17 days
⚙️ Audit wrap‑up in days.🚀 Public $STEAM sale next. Zhenglong ≈.• 15 %+ real yield APR on zheETH/BTC + more assets soon. • Liquidation‑free leverage.• 100 % collateral efficiency. Follow + tap 🔔 so you don’t miss it. Find out more →
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@basedbovem
Based Bovem
7 days
So you weren't early on $CVX, $FXN or $CRV? . Luckily God is giving you a second chance. Have you seen what @ZhenglongFi is cooking with $STEAM?. 15%+ real yield, no liquidations, full collateral efficiency… . Don't be a retard and fade this anon
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@ZhenglongFi
Zhenglong
17 days
⚙️ Audit wrap‑up in days.🚀 Public $STEAM sale next. Zhenglong ≈.• 15 %+ real yield APR on zheETH/BTC + more assets soon. • Liquidation‑free leverage.• 100 % collateral efficiency. Follow + tap 🔔 so you don’t miss it. Find out more →
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@basedbovem
Based Bovem
7 days
GM to all $FXN holders . Remember to no not let short term price action deter from where we’re going. Short-term price action means nothing when you understand where $FXN is headed. The future is onchain. The future is bright.
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@basedbovem
Based Bovem
7 days
RT @basedbovem: What if $CRV, $CVX, and $FXN had a love baby that paid you real yield and let you long or short without getting liquidated?….
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@basedbovem
Based Bovem
8 days
Zhenglong is launching soon. The public $STEAM sale is coming. This is your early window. Check it out: Read the docs: And maybe plan to swap that $ETH for zheETH.
docs.zhenglong.finance
Let's be real: synthetic assets sound powerful. But most of them? Clunky, brittle, overly complicated — and definitely not paying your bills.
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@basedbovem
Based Bovem
8 days
Zhenglong is built for serious DeFi users:. → Stable yield with zheTOKENS.→ Safer leverage with steamedTOKENS.→ Real rewards with $STEAM.→ Built-in circuit breakers, risk controls, and on-chain rebalancing
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@basedbovem
Based Bovem
8 days
And then there’s $STEAM. You earn $STEAM by minting tokens, joining Stability Pools, and supporting the system. Lock it as veSTEAM to vote, boost rewards, and earn revenue share. It's your stake in @ZhenglongFi's growth.
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@basedbovem
Based Bovem
8 days
You can mint:. → zheUSD from $stETH for a better stablecoin.→ zheETH from $stUSDT to get $ETH exposure from a stablecoin.→ Even zheTSM from $BTC to simulate stock exposure on-chain. It's not just crypto. TradFi meets DeFi here.
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@basedbovem
Based Bovem
8 days
The protocol uses dynamic fees to guide behavior. → When everyone wants zheUSD, minting gets expensive.→ When everyone wants leverage, steamedTOKENS get costly.→ If the system needs help, it can offer rewards to rebalance things
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