Redacted Cartel Launches v2 and Switches to New Token Model
Vote aggregator Redacted Cartel announced the launch of its v2, which completes its transition from a bond-centric, dilutive token model to a model focused on producing real yield for $rlBTRFLY holders. Users need to migrate their $BTRFLY v1 tokens to $BTRFLY v2 tokens, and are able to lock v2 tokens as $rlBTRFLY to earn revenue (paid in $ETH) and $BTRFLY inflation emissions. Currently, Redacted Cartel has completed the liquidity migration from v1 pools to v2 pools on Curve, and v2 pools on Balancer will be live in a few days.