Key takeaways

Memecoins have become a mainstay in the cryptocurrency market, with millions of them currently available to investors. However, while memecoins offer moonshot potential to investors, they are lacking in other areas.

CartelFi wants to change this narrative by introducing DeFi opportunities to memecoins. This would allow investors to enjoy the benefits that both narratives have to offer. This unique value proposition has seen CartelFi raise over $800k five days after its presale launched. Early participants in the presale will enjoy a 300% ROI before the token hits exchanges in a few months. 

CartelFi is a new project in the crypto space that wants to unlock the latent value of memecoins. The team is focusing on launching products that would allow investors to earn yields on their meme holdings without sacrificing their moonshot potential.

The project’s goal is to turn memes (speculative assets) into productive capital assets that pay yield. CartelFi will transform idle meme coins into perpetual money machines, merging the degenerate upside with disciplined wealth generation.

For the first time, memes have become productive capital assets. CartelFi is championing a massive evolution for DeFi and the meme coin space. Monetizing memes allows users to turn their bags into income streams.

The memecoin industry is known for delivering 100x -1000x to investors. However, beyond these returns, most of these projects offer zero utilities to users. Eventually, some of these memecoins die off due to the lack of utility.

This is where CartelFi comes in. CartelFi is introducing the benefits of decentralised finance (DeFi) to memecoins. This implies that memecoin holders will soon have the opportunity to stake their assets and earn extra income from yields.

Basically, CartelFi ensures memecoins have a moonshot potential with active staking opportunities. It introduces a dual-reward system that lets investors bet on both horses. 

While memes generate yield, CartelFi executes automatic buybacks and burns, using up to 100% of fees, creating relentless upward pressure on token value. Memes earn while CartelFi burns.

CartelFi allows users to farm yields on meme coins without selling. These bespoke meme liquidity pools offer degenerate upside, allowing them to earn excellent APYs. 

Protocol buybacks with deflationary tokenomics. CartelFi uses up to 100% of platform revenue to buy back the CARTFI token. Assets on the CartelFi platform will be actively generating revenue and will use part of the funds to increase the scarcity of the CARTFI token. Every token burned reduces the total supply of CARTFI, which will have a down-only supply, while demand will be up-only. 

CartelFi is the world’s first protocol that empowers investors to earn excellent yields on their meme coins while keeping 100% exposure to their upside. This unique value proposition makes it appealing to investors, with the project raising over $800k within the first five days of its presale.

Investors can purchase the $CARTFI token using ETH, USDT, USDC, BNB, SOL, and the US Dollar. 

Visit the CartelFi website to find out more about the presale. 

The post CartelFi seeks to revolutionise the memecoin sector, raises $800k in five days appeared first on CoinJournal.

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