Jun 3, 2022
Introducing Ithil Protocol — The Web3 Wizard
Let’s be honest: Web3 is full of amazing opportunities. Opportunities for growing your wealth (DeFi), to create new media (NFTs), to explore new virtual worlds (Metaverse), to expand your horizons and as a result, your freedom. That is why you are here.
At the same time, Web3 products and strategies can be incredibly complex, confusing. Too often, they suffer from an awful user interface and experience. This leads to frustration, doubts, missed profits and even risk beyond that inherent to investing.
Of course, you first need to put in a lot of hours to learn about, and then keep up with all the protocols, their multiple tokens, yield farming programs, vesting schemes, multichain flywheels.. it never ends.
You could watch crypto YouTubers, but can you ever really trust them? They’ll have their bags loaded and ready to dump on you long before they ever start recording a video. I mean, look at this guy.
Risky business
What’s more, the meltdowns of Wonderland and Luna have demonstrated that protocols and strategies which offer extremely high yields are not sustainable, no matter if their market caps surpass a billion dollars or rich venture capitalists tattoo the logo on their body. Sorry Mike.
Then there’s the issue of gas fees. Ever since DeFi summer, the best, safest, most sustainable yields have always been found on Ethereum mainnet. But unless you’re a sizeable whale, collecting — and more importantly — compounding your rewards can quickly erase any profit if done without a spreadsheet and careful planning.
Sometimes it feels like you need to a wizard to navigate all these hurdles. A wizard you say? Well.. what if I told you..
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