[OFFICIAL] Formation.Fi ANNOUCEMENTS

https://formation-fi.medium.com/847a420a8d3d

🚨🔊Dear Formation Fi Community Members,

First, thank you to those of you that have participated in the Community-testing of Parity service on the Test. It has enabled us to improve it and hence, we are pleased to announce to you that PARITY IS LIVE ON MAINNET on Binance Smart Chain on app.formation.fi 😃🎉

Polygon and Ethereum will follow in the next few days.💪

We are still in a community testing phase and you can use the following PDF to understand the service and identify the tests you can do: https://drive.google.com/file/d/1ruC7p7eE216Skd9AyXMI6o7NZrNnJZw3/view?usp=sharing 💯📌

We are very pleased to get you involved and look forward to your active participation on the Mainnet!

Thank you for your continued support.👏💫🤝

🔊🔊Good day, dear FORM Fi Community. 🤩 We are pleased to announce you that Parity is live for Testing at this link: https://community-testing.formation.fi/ 💫😃🎉

Please follow the earlier pinned📌 message for the set-up.

Please note that today, Binance Testnet Chain was unstable, so maybe you can redo Step 1 to add a "second" Binance Testnet Chain (which is the same chain) but by using a different address to connect by changing the RPC link of Step 1 tutorial by this one: https://data-seed-prebsc-1-s3.binance.org:8545/

Also, the team has prepared a document to understand the testing better, follow this link:  https://drive.google.com/file/d/1ruC7p7eE216Skd9AyXMI6o7NZrNnJZw3/view?usp=sharing

We are very pleased to get you involved in the testing and look forward to your active participation on the Testnet and eventually on the Mainnet! 🎉

Thank you for your continued support.👏🤝

🚨Dear Form Fi Community members, we have an important announcement for you🚨

🔊 We are pleased to inform you all that we will release Parity on BSC-Testnet shortly 🎉

Stay tuned and be on the look out for the link here 👀

Purpose: This testing is to evaluate Parity while having a larger user base.

Alright! that said, what all would you need for Testing ? 🤔

No worries, we got you covered. Make sure to follow the steps below 👇

1⃣  To add Binance testnet smartchain to your Metamask (or similar). For Metamask, you can follow the tutorial at this link https://mklabs-document.gitbook.io/mklabs/faq/how-to-add-bsc-testnet-into-the-metamask

2⃣ To mint some stable token for Testnet. You can mint some at this address : https://testnet.bscscan.com/address/0xd0b069bFa3f3BdF888Bd19d1f08269d496478a48#writeContract You will need to connect your Wallet and use function "4. mint".
     - Put your wallet address in the first box
     - And the amount you want to mint in the second. You need to know that you will need to add 18 zeros to your amount. (For Example: 10000 needs to be written as 10000000000000000000000


3⃣ To get some Testnet BNBs. You can mint few on https://testnet.binance.org/faucet-smart. Post Captcha Verification, enter your wallet address in the box and click "Give me BNB". You can get only 0.5 Testnet BNBs every 24hours. (0.5 Testnet BNBs shall suffice since you would easily be able to make more than 50 transactions)

We are very pleased to get you involved in the testing and look forward to your active participation on the Testnet and eventually on the Mainnet! 🎉

We hope Form Fi users will relish discovering Parity as much as we enjoyed developing it!

Hey all

Here is the AMA link, starts in just under 1 hour.
💯🚀

https://twitter.com/i/spaces/1LyxBqmmyYYJN

Guys, due to a conflict, we have decided to change the time for our monthly AMA tomorrow by 3 hours earlier. 2pm Paris time.

Everyone, we decided to have our monthly AMA tomorrow the 9th at 5pm Paris Time (usual time). It was originally scheduled for today but we had some technical difficulties. This is our 1-Year Anniversary since we hosted our first monthly AMA. We look forward to sharing our update tomorrow.

https://twitter.com/i/spaces/1YqKDoaYRODxV

Buy and hold on to your a/b/g tokens. Long-term minded “patient” investors will be wealthier. Take a look at this: Dow Jones Index started at 66 in 1896. It’s more than 32,000 in 2022. It’s a pale comparison to BTC but it’s real. Hodl.
💯📌🚀

https://twitter.com/FormationFi/status/1588525352913350657?t=JI7RKdImER6Bg7JGe9tFHQ&s=19

How will you manage your crypto volatility (risk)?
⁃Red Line: S&P 500
⁃Blue Line: BTC
⁃Green Line: ETH

https://twitter.com/FormationFi/status/1587762715241611264?t=LU4N0oeMwoA7q9tYMSJzBw&s=19

"Good investors focus on risk" - Sam Zell
Learn more about how Sam Zell built his REIT empire by better managing risk at: https://en.m.wikipedia.org/wiki/Sam_Zell

https://twitter.com/FormationFi/status/1587058304609652737?t=k4BaRIJLNdLlydfI44a7qw&s=19

💫

Black Rock was started in 1988 on an idea that a bond portfolio be built to assess and minimize downsize risk. It’s now managing $9.5T. No one, including Larry Fink, thought this was imaginable. Where will Formation be in 34 years with same idea in defi?
🤔🚀

https://twitter.com/FormationFi/status/1586683162222026752?t=VbMF2LGBHEf-_SUhdivmxw&s=19

High inflation will incinerate your wealth. Crypto won’t save you from its devastating effect if you can’t manage risk (volatility). Who will you turn to for protection? Learn why we took the road less travelled at: https://docs.formation.fi/
💫🚀

Generate yield with less risk. Protecting and growing your crypto portfolio across all economic conditions (i.e. in/deflationary, bull/bear cycle) is the goal of Risk Parity. Learn more at: https://en.m.wikipedia.org/wiki/Risk_parity

📌💫💯🚀

a/b/g/p portfolio will be efficient. Because we built them using the concept called, Efficient Frontier. Every asset selected has the highest possible expected return given its risk in our portfolio. Learn more at: https://en.m.wikipedia.org/wiki/Efficient_frontier

🫡💪🚀

Did you know you receive a/b/g ‘fungible’ tokens when you deposit your money into Alpha, Beta, and Gamma? The a/b/g tokens behave like wbtc/weth/dai. You can stake, swap, trade, burn, and redeem.
🚀💯

https://twitter.com/FormationFi/status/1585251600725000193?t=QeXMARJ-EVZYyZVdcnPYKA&s=19

Attention Day Traders: Please don’t bow out yet. You now have $FORM. 💯🚀👏💫

https://thehustle.co/10252022-Day-Traders/?utm_campaign=Taiwan+chips&utm_content=10252022-Day-Traders&utm_medium=email&utm_source=daily&utm_term=4ABCD&amp

Did you know Parity is a defi NFT that will let you set your own risk preference and custom-tailer your portfolio of 96+ on-chain, crypto-assets and vaults?
💯🚀💫

https://twitter.com/FormationFi/status/1584546411680387072?t=CdrjFbDy8X6e5aDLk725Tg&s=19

Alpha/Beta outperformed BTC. The chart shows the performance of Alpha (Light Green) and Beta (Dark Green) compared to BTC (Grey) for Jul,Aug, Sep 2022. Alpha darker green +9.87%, Beta light green +9.97% and BTC gray -3.08%. And, yes. It’s real.

https://twitter.com/FormationFi/status/1584153031695683584?t=ycjEXA1a3KDLYOlfvo7GRw&s=19

Did you know that Gamma has been live for weeks and it’s composed of only stablecoins across 3 chains? Gamma is the bedrock of Risk Parity and indispensable ingredient for upcoming Parity NFT. Learn more at: https://formation-fi.medium.com/gamma-the-calm-center-within-the-unknown-abyss-653ad85f9f74
💯🚀💫
https://twitter.com/FormationFi/status/1583804965943840768?t=O9Dx7qVZpe8BYcRI-t09pg&s=19

Alpha, Beta, Gamma and Parity generate real yield.

Formation Fi is light years ahead. 😃🚀💯

https://twitter.com/FormationFi/status/1583412739170795525?t=ZfGNoSCG_cFzLXmXDJRkcA&s=19

Is $FORM okay? :)

🚀

👍

The verdict is out. Our team proved that Risk Parity works in defi. Alpha and Beta outperformed BTC during past three months.
https://formation-fi.medium.com/alpha-and-beta-outperformed-btc-in-the-past-3-months-with-higher-return-and-lower-risk-cea2c135577a

https://twitter.com/FormationFi/status/1582366276323749889?t=xQ0CKK95iJI4KVrhpjAOXQ&s=19

The verdict is out. Our team proved that Risk Parity works in defi. Alpha and Beta outperformed BTC during past three months.


https://twitter.com/FormationFi/status/1582366276323749889?s=20&t=4iJ4RM8SEE_NJZzz8jJ_Yw

Good day everyone.
Has you all know, it's AMA day. 😃🤗🎉
Make sure you set a reminder for the space here, https://twitter.com/i/spaces/1mnxeRBPdaWKX
💫
We look forward to seeing you all there.

👍

Today, Ray Dalio, the founder of Bridgewater Associates, one of the biggest hedge funds in the world with $150B AUM, stepped down. He was the source of inspiration for us at Formation.

Formation FI's founding idea was inspired by Ray's work on Risk Parity. His current fund, Pure Alpha, is up by more than 35% this year beating its competition by a large margin.

He was a true believer of dilligence, temperance, self-discipline, personal ethics, honesty, and transparency - all the good virtues we need for crypto today.

And, with my deepest and most sincere gratutude, "Thank you, Ray" for inspiring us to create Formation Fi.

https://www.nytimes.com/2022/10/05/business/ray-dalio-bridgewater-hedge-fund.html

[OFFICIAL] Formation.Fi ANNOUCEMENTS pinned «Formation Fi: DeFi Security $FORM 🫡 Read through our first article from series of seven articles, as part of our Eiffel Release Plan 💥🚀 $ETH #BNB Check out the 1st one here 👇 https://formation-fi.medium.com/defi-security-turning-the-weakest-link-into-the…»

All queries or clarifications you might need about our Alpha, Beta and Gamma community testing are in this file, https://drive.google.com/file/d/1f7UsA8gDFasHynkWwgB7K6YV22-iLeG3/view?usp=sharing

Kindly go through it, and let us know if you have any further questions. 😃👍🚀

The Parity NFT is minted when a deposit is made into the Parity fund. The investor will hold the NFT for the life of the investment
💯🚀
Learn more here 👉: https://t.co/jWTmqi3EuB



https://twitter.com/FormationFi/status/1560914541613023235?t=QKrPj0GMQrxyZknTWW0LmA&s=19