The basics of Invictus are the same as Olympus, though they could have done a much better job with the UI design.
Buy tokens on Jupiter Swap Aggregator, which pulls the best price from Raydium.
Let's try staking
- Best UI trick is the staked balance increasing so quickly. It's a UI trick of course, because the rebase is probably not running that fast but its nice.
- I put in 100 bucks, and I'm getting 2 bucks a day. That's insane.. Even not compounding -> 7x per year
Olympus by this point in time has a literal ton of stuff. And Olympus is so much more transparent than these guys.
How have they performed since launch?
|Market Cap ($m)||$3,963m||$845m||$175|
|24 hr trad vol ($m)||$87.9m||$16.5m||$3.9m|
|% market cap traded||2.2%||2.0%||1.4%|
|Total Value Locked||$831m||$168m||$135m|
|Market Cap/ TVL||4.8x||5.0x||1.3x|
Well in 19 days.. not bad... 130 million locked and 175 million market cap.
Price swing has been intense.
How does one figure out the prospective return? Like a backtested return? One needs the price at entry point, the APY assuming staking, and price history going forward.