Colonylab's vision - to reimagine legacy systems by creating entirely new ones to bring the structural integrity of traditional finance to DeFi, especially the Avalanche ecosystem.
About the Colonylab project
Colony intends to create a properly motivated foundation for the next generation of applications, built on the Avalanche platform. Through a first-of-its-kind funding mechanism, Colony infuses traditional venture capital with a community spirit through open governance, support and engagement. Colony will eventually implement a DAO structure for decentralization.
Distinctive features:
| Open control | Vote to invest in the Avalanche ecosystem: liquidity provision, early investment, betting program, index. |
| Awards | Receive staking rewards from Avax and future subnets. Earn CLY, purchased by Colony, with the Liquidity Provider Program profits from the Avalanche ecosystem. |
| Airdrop | Get airdrops from Colony's investments in the most promising Avalanche projects. |
10% of Colony's capital will be invested in AVAX, which will be wagered. 10% of capital will be invested in the top 10 Avalanche-based projects by market cap, rebalanced quarterly. The community will be able to vote on projects, joining / leaving the Index.
30% of Colony's capital will hekp to provide liquidity to the protocols, built on the Avalanche, actively participating in the Avalanche ecosystem. At the heart of Colony is CLY, a unique hybrid token, used to both drive the DAO and influence the value stream of Colony. The developers believe that CLY is a new type of asset that both empowers and controls. The ultimate goal of CLY - to align incentives by creating a systematic harmony between the holders, the protocol and the assets it contains.
More about defi app
Colony will use a network of investment firms, interested in Avalanche projects. This network improves funding efficiency by keeping Avalanche members ready to go to market. Once the projects have “weathered the blow,” they will get an opportunity to focus on development rather than raising capital. Once launched, this end-to-end solution is ready to deliver the project to an existing dependent community, adding another critical efficiency. You can get more information about the coin defi project by examining the data on the main page. Also, the developers maintain a Medium blog, where they publish introductory articles and news. There are future updates in the RoadMap.
From social networks, the community leads:
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