Revest Finance Announces the Launch of the Cashflow Management Tool
Revest Finance is pleased to announce the launch of our latest tool: Cashflow Management! This tool will make it easy for DAOs and others to spread the results of lucrative trades out over periods of time, bringing new flexibility to treasury management and asset management.
What is the Revest Cashflow Management Tool?
The Revest Cashflow Management Tool allows you to swap between two ERC20 tokens, but instead of paying out the total amount immediately it pays out over a specified period of time, with the option to take a portion upfront.
What’s the purpose of the Cashflow Management Tool?
Let’s suppose you want to trade $500,000 of $WETH for $USDC to lock in your profits, but you’d like to have that profit spread out over 5 years, receiving only $100,000 per year. Our Cashflow Management tool makes this not only possible, but simple and intuitive as well.
What chains is this on?
The Revest Cashflow Management Tool is supported on Ethereum mainnet, Fantom Opera, Polygon, and Avalanche.
How do I use the Cashflow Management Tool?
We’ve designed the Cashflow Management Tool to be easy to understand and intuitive. Simply go to the Cashflow Management Tool on our dApp and follow these steps:
• Select the ERC20 token you would like to sell
• Select the ERC20 token you would like to receive
• Enter how often you’d like to receive payouts under “Period”
• Enter the number of tokens you’d like to receive on every payout for the tokens you’ll be receiving
• Enter the length of time for which you’d like to receive these payouts
• Select whether or not you’d like to receive the first payout immediately
The tool will automatically calculate the amount of the tokens you’ll need to sell for the values you entered above. The summary section will display:
• The total number of payouts you’ll receive
• The payout duration
• The total number of tokens you’ll need to sell
• Your first upfront payout (if you specified you’d like to receive the first payout immediately)
• And the total number of tokens you’ll receive
Finally, after confirming the information in the summary section, simply mint your FNFTs. You’ll receive one time-locked FNFT for each future payout. Each FNFT will contain an equal share of the tokens you’ve selected to receive. You can claim your tokens from the FNFT once it unlocks.
When are my tokens sold?
Your tokens are sold immediately when you use the tool, and the resulting output from the trade is locked into the Revest vault to be dripped out in a set amount per period. This means you get the price you want right now, rather than having to DCA your way out.
About Revest Finance
The Revest Protocol offers a revolutionary new use of NFTs as financial tools through the Financial Non-Fungible Token (FNFT). Individual and enterprise-level users can deposit any ERC-20 or ERC-721 into Revest’s interactive FNFTs and set custom unlocking conditions (time, value, or contract-based). Revest allows the tokenization of all non-fungible financial positions with non-fungible tokens. This simple turn-key solution offers elegant applications ranging from token vesting to cutting-edge implications for derivative and borrowing/lending platforms.