Discover and read the best of Twitter Threads about #solidly
Most recents (15)
#ExtraFi -new leveraged yield farming and compounder for #Velodrome LPs
Launched open beta 2 weeks ago.
Already growing at a staggering rate (currently over $700k in TVL).
Emissions yet to begin and token still not launched.
You're still early!
app.extrafi.io
Launched open beta 2 weeks ago.
Already growing at a staggering rate (currently over $700k in TVL).
Emissions yet to begin and token still not launched.
You're still early!
app.extrafi.io
1/ Use case
Single sided lending pools for idle assets on supply side with leverage and auto-compounding for farmers.
Valuable tooling for users looking to manage risk, improve capital efficiency or earn extra yield through LYF.
Single sided lending pools for idle assets on supply side with leverage and auto-compounding for farmers.
Valuable tooling for users looking to manage risk, improve capital efficiency or earn extra yield through LYF.
2/ Distribution
Generous community (60%) and partnership allocation (26%) to play a key strategic role in the ve(3,3) game
Emission plan is TBD, but will need to account for user behaviour and market dynamics (e.g incentivising lenders for heavily utilised pools, etc)
Generous community (60%) and partnership allocation (26%) to play a key strategic role in the ve(3,3) game
Emission plan is TBD, but will need to account for user behaviour and market dynamics (e.g incentivising lenders for heavily utilised pools, etc)
Are you tired of CEXs controlling your assets?Well,I am!
Experience true freedom with @HeliosExchange -a #perpdex on #Arbitrum that aims to modify Solidlyโs shortcoming
Fun fact:they started community activities rewards which details youโd find when you read till the end
Rt๐
Experience true freedom with @HeliosExchange -a #perpdex on #Arbitrum that aims to modify Solidlyโs shortcoming
Fun fact:they started community activities rewards which details youโd find when you read till the end
Rt๐
โ๏ธ What is @HeliosExchange?
โ๏ธ ve(3,3)
โ๏ธ Tokenomics
โ๏ธ AMM
โ๏ธ Leverage trading
โ๏ธ Launchpad
โ๏ธ Community activities
โ๏ธ Links
#HeliosExchange #HELIOS $HELI #Arbitrum
โ๏ธ ve(3,3)
โ๏ธ Tokenomics
โ๏ธ AMM
โ๏ธ Leverage trading
โ๏ธ Launchpad
โ๏ธ Community activities
โ๏ธ Links
#HeliosExchange #HELIOS $HELI #Arbitrum
โ๏ธ What is @HeliosExchange?
Helios Exchange is a community-oriented & permissionless ve(3,3) liquidity market on Arbitrum.
It is an AMM for protocols on #Arbitrum designed to encourage liquidity sensibly for its specific use cases.
Helios Exchange is a community-oriented & permissionless ve(3,3) liquidity market on Arbitrum.
It is an AMM for protocols on #Arbitrum designed to encourage liquidity sensibly for its specific use cases.
Get ready for our #solidly friends campaign! ๐ค๐ฅ
We will drop veSTRAT to loyal supporters of solidly-based DEXes starting this week with:
@VelodromeFi
@VelocimeterDEX
Details below! ๐จ๐
We will drop veSTRAT to loyal supporters of solidly-based DEXes starting this week with:
@VelodromeFi
@VelocimeterDEX
Details below! ๐จ๐
@VelodromeFi @VelocimeterDEX For @VelodromeFi ๐ดโโ๏ธ
We will drop 12% of our initial supply to lockers. Claim at launch! ๐
Anyone with over 20k $VELO locked at the snapshot will be eligible! 3 days left to increase your lock! โฐ
Snapshot? ๐ธ
End of the current epoch! Thursday, 0:00 PM UTC!
We will drop 12% of our initial supply to lockers. Claim at launch! ๐
Anyone with over 20k $VELO locked at the snapshot will be eligible! 3 days left to increase your lock! โฐ
Snapshot? ๐ธ
End of the current epoch! Thursday, 0:00 PM UTC!
@VelodromeFi @VelocimeterDEX For @VelocimeterDEX โ
We will drop 2% of our initial supply to lockers. Claim at launch! ๐
How is it distributed?
โ 1% for users that have locked 10k $FLOW in the past. (Snapshot taken)
โ 1% for users that lock 10k $FLOW during this epoch.
We will drop 2% of our initial supply to lockers. Claim at launch! ๐
How is it distributed?
โ 1% for users that have locked 10k $FLOW in the past. (Snapshot taken)
โ 1% for users that lock 10k $FLOW during this epoch.
โ๏ธ Attention all $ARB #Airdrop recipients!
๐ฐ Maximize your earnings on @RamsesExchange, the promising DEX on #Arbitrum.
Learn more about how to make the most of your airdrop.
๐งต โฌ๏ธ
๐ฐ Maximize your earnings on @RamsesExchange, the promising DEX on #Arbitrum.
Learn more about how to make the most of your airdrop.
๐งต โฌ๏ธ
๐ธ RAMSES is a ve(3,3) DEX that adapts @AndreCronjeTech's vision of #Solidly.
It focuses on:
โช๏ธ Community - offering veNFT to top protocols on Arbitrum
โช๏ธ Decentralization - with trusted entities for emergencies
โช๏ธ Functionality - implementing the best features in DEXes
2/
It focuses on:
โช๏ธ Community - offering veNFT to top protocols on Arbitrum
โช๏ธ Decentralization - with trusted entities for emergencies
โช๏ธ Functionality - implementing the best features in DEXes
2/
1๏ธโฃ Dilution Protection
A key function of the ve(3,3) model comes with dilution protection rebases to encourage users to lock their tokens sooner.
Similar to the OHM (3,3) model, these rebases occur per epoch and are a crucial aspect of the ve(3,3) system.
3/
A key function of the ve(3,3) model comes with dilution protection rebases to encourage users to lock their tokens sooner.
Similar to the OHM (3,3) model, these rebases occur per epoch and are a crucial aspect of the ve(3,3) system.
3/
What is $EQUAL and why itโs still an undervalued project.
A Thread๐งต
5 Minutes Reading๐
A Thread๐งต
5 Minutes Reading๐
1/ WHAT'S $EQUAL?
@Equalizer0x is a #DEX that uses a vote escrowed model to drive Liquidity to the highest volume pairs based on #Solidly model with some changes.
It aims to provide a centralized liquidity hub for the $FTM network for a seamless experience for users to trade on
@Equalizer0x is a #DEX that uses a vote escrowed model to drive Liquidity to the highest volume pairs based on #Solidly model with some changes.
It aims to provide a centralized liquidity hub for the $FTM network for a seamless experience for users to trade on
2/ TOKENOMICS
$EQUAL serves as a liquid transferable token for emissions & can be locked into a veNFT.
$veEQUAL uses the vote escrow model for fees & emissions, with various lock periods.
Max 26 weeks lock period for $veEQUAL, with voting power & fees in selected pools.๐
$EQUAL serves as a liquid transferable token for emissions & can be locked into a veNFT.
$veEQUAL uses the vote escrow model for fees & emissions, with various lock periods.
Max 26 weeks lock period for $veEQUAL, with voting power & fees in selected pools.๐
AMM DEXs must discover innovative ways to attract users and their capital to increase their liquidity.
But what makes a DEX truly attractive to traders?
The answer is here:
"Show me the incentives, and I will show you the outcome."
๐งต : Solidly & its Forks; PART 2
RT for Others
But what makes a DEX truly attractive to traders?
The answer is here:
"Show me the incentives, and I will show you the outcome."
๐งต : Solidly & its Forks; PART 2
RT for Others
Two central problems with most AMMs are:
โข Low liquidity and,
โข Impermanent loss.
- Liquidity refers to the ability of the market maker to buy or sell assets at a fair price.
It is a concern because AMMs typically rely on a smaller pool of liquidity providers.
โข Low liquidity and,
โข Impermanent loss.
- Liquidity refers to the ability of the market maker to buy or sell assets at a fair price.
It is a concern because AMMs typically rely on a smaller pool of liquidity providers.
- Impermanent loss refers to the potential loss of value that a liquidity provider may experience when supplying assets to an AMM.
This prompted Curve to introduce a new AMM model ๐
This prompted Curve to introduce a new AMM model ๐
1/ $CRV and $VELO have changed the #DeFi scene forever, but they have their flaws.
There's an upcoming protocol on @arbitrum that wants to make things even better, with a community-first long-term approach ๐
Letโs dig into @DictumExchange ..a thread ๐๐๐งต
There's an upcoming protocol on @arbitrum that wants to make things even better, with a community-first long-term approach ๐
Letโs dig into @DictumExchange ..a thread ๐๐๐งต
@arbitrum @DictumExchange 2/ TL;DR ๐๏ธ
Dictum is an upcoming #DEX on @arbitrum with a structure similar to @VelodromeFi and #Solidly but with key improvements ๐
They just had a successful airdrop ๐ช, and have competitions for farmers, shillers, and protocols currently live ๐ฐ
Dictum is an upcoming #DEX on @arbitrum with a structure similar to @VelodromeFi and #Solidly but with key improvements ๐
They just had a successful airdrop ๐ช, and have competitions for farmers, shillers, and protocols currently live ๐ฐ
@arbitrum @DictumExchange @VelodromeFi 3/
What I'll cover in this thread:
๐นWhat's @DictumExchange?
๐นHow does it work?
๐นDictumโs Governance Airdrop
๐นCompetitions
๐นRoadmap and Links
What I'll cover in this thread:
๐นWhat's @DictumExchange?
๐นHow does it work?
๐นDictumโs Governance Airdrop
๐นCompetitions
๐นRoadmap and Links
@AndreCronjeTech claimed that the innovations in Solidly AMM model would herald an evolution in decentralized exchanges.
In our blog, we take a deep dive into the #Solidly Model and the various forks that have improved its core code.
yieldapplabs.medium.com/a-deep-dive-inโฆ
In our blog, we take a deep dive into the #Solidly Model and the various forks that have improved its core code.
yieldapplabs.medium.com/a-deep-dive-inโฆ
Solidlyโs new base-layer AMM is inspired by $OHM and $CRV. The AMM would reward pool voters with trading fees, which would help direct liquidity to where it is needed (based on fees).
The initial supply of locked veNFT positions was awarded to projects in the Fantom ecosystem.
The initial supply of locked veNFT positions was awarded to projects in the Fantom ecosystem.
However, this ended in the attraction of huge amounts of vampiric capital. Combined with a rushed launch of the protocol that included a lot of bugs and unhealthy token emissions, Solidly failed to capture long-term traction.
Keypoints:
1. 95% of the problem right now is the L1 Bribes & Fees, it needs to be fixed to not let people game the system.
2. The rest of the problems are technical and less relevant
#Solidly #DEUS @lafachief
๐งต
(1/x)
1. 95% of the problem right now is the L1 Bribes & Fees, it needs to be fixed to not let people game the system.
2. The rest of the problems are technical and less relevant
#Solidly #DEUS @lafachief
๐งต
(1/x)
to the public e.g enough gas for transactions to stop failing.
3. Solidly goal is to have 30bil Volumes.
4. Solidly & Solidex contact are immutable. While 0xDAO contract is upgradable.
5. To fix the bugs, the only way is to fork Solidly contract and fix them. Solidly+
(2/x)
3. Solidly goal is to have 30bil Volumes.
4. Solidly & Solidex contact are immutable. While 0xDAO contract is upgradable.
5. To fix the bugs, the only way is to fork Solidly contract and fix them. Solidly+
(2/x)
6. All tokens will be migrated. Possibly with the snapshot. The main goal is to have a smooth transition and no value lost in between.
7. 0xDAO is easy to migrate because their contract is upgradable. But not sure about Solidex. They are coming up with their plan.
(3/x)
7. 0xDAO is easy to migrate because their contract is upgradable. But not sure about Solidex. They are coming up with their plan.
(3/x)
Welcome to the @MetisDAO $METIS Ecosystem ๐ฟ
In this mega thread I will go over some of the important protocols and additional resources to get you started in Andromeda.
This will feature projects at time of writing only and maybe updated in the future.
Hope you enjoy
๐งต
In this mega thread I will go over some of the important protocols and additional resources to get you started in Andromeda.
This will feature projects at time of writing only and maybe updated in the future.
Hope you enjoy
๐งต
Contents:
๐ฟ Bridges
๐ฟ DEX's
๐ฟ Yield Farmers
๐ฟ Borrow/Lending
๐ฟ DAOs
๐ฟ NFT Market Places
๐ฟ Utility/P2E/Metaverse
๐ฟ Telegram Groups
๐ฟ Additional Resources
๐ฟ Bridges
๐ฟ DEX's
๐ฟ Yield Farmers
๐ฟ Borrow/Lending
๐ฟ DAOs
๐ฟ NFT Market Places
๐ฟ Utility/P2E/Metaverse
๐ฟ Telegram Groups
๐ฟ Additional Resources
๐ฟ Bridges
Bridges are tools to transfer tokens from one chain to another, example would be from $BSC > $Metis or $ETH > $Metis.
Bridges are tools to transfer tokens from one chain to another, example would be from $BSC > $Metis or $ETH > $Metis.
#DeFi Daily 11/03/22
#Bitcoin pulled back on Thursday, falling by 8.54%. It found support below the key $39.5k level. Price retested the downward channel which it broke out of on Wednesday during US trading hours.
Read more: ๐งต๐
#Bitcoin pulled back on Thursday, falling by 8.54%. It found support below the key $39.5k level. Price retested the downward channel which it broke out of on Wednesday during US trading hours.
Read more: ๐งต๐
#Ethereumโs $ETH has hit through the trailing stop loss at $2577 yesterday afternoon. We suggest observing retest of the $2350-2550 base area + trendline since Feb 2021 on a daily chart which also serves the lower bound of the wedge.
/1
/1
New #ProtoFi Proposal is now #Live ๐
๐Increase the Protocol #Profitability through these massive changes. ๐ค
$PROTO ๐
snapshot.org/#/protofi.eth/โฆ
๐งต short-thread
๐Increase the Protocol #Profitability through these massive changes. ๐ค
$PROTO ๐
snapshot.org/#/protofi.eth/โฆ
๐งต short-thread
In order to improve the profitability of the protocol the ProtoFi team spent the last days focused on numbers, simulations and case scenarios. ๐ค
With the arrival of #Solidly, the DEXs profitability changed a lot for some pairs, above all stables pairs.๐
Yesterday, users flooded to #Fantom for the launch of @AndreCronjeTech's @solidlyexchange.
After months of skirmishes, the #veSolidWars were officially kicking off and the excitement was palpable.
Then... ALL HELL BROKE LOOSE.
My attempt at a recap. ๐๐งต
After months of skirmishes, the #veSolidWars were officially kicking off and the excitement was palpable.
Then... ALL HELL BROKE LOOSE.
My attempt at a recap. ๐๐งต
Quick Background
When @AndreCronjeTech announced his new AMM Solidly, he distributed ownership to the top #Fantom protocols as ranked by TVL.
This ignited a battle for control that eventually coalesced into a struggle for control between two teams: @SolidexFantom + @0xDAO_fi
When @AndreCronjeTech announced his new AMM Solidly, he distributed ownership to the top #Fantom protocols as ranked by TVL.
This ignited a battle for control that eventually coalesced into a struggle for control between two teams: @SolidexFantom + @0xDAO_fi
As the day began, we heard from the holdouts...
๐ @SpookySwap would remain neutral
๐ @SynapseProtocol would delay / go solo for now
๐ In the final minutes, @fraxfinance joined #0xDAO
That increased @0xDAO_fi's lead at 40% to @SolidexFantom's 33.7%.
Victory? Not quite.
๐ @SpookySwap would remain neutral
๐ @SynapseProtocol would delay / go solo for now
๐ In the final minutes, @fraxfinance joined #0xDAO
That increased @0xDAO_fi's lead at 40% to @SolidexFantom's 33.7%.
Victory? Not quite.
Sick of reading about real wars? You're in luck!
The war for control of @solidlyexchange (#veSolidWars) has continued to rage and I've got some big updates.
TL;DR: The next 48 hours will be huge and there are rumors of a second front soon opening. ๐
๐งต๐
The war for control of @solidlyexchange (#veSolidWars) has continued to rage and I've got some big updates.
TL;DR: The next 48 hours will be huge and there are rumors of a second front soon opening. ๐
๐งต๐
Why the next 48 hours?
๐ @solidlyexchange emissions start tomorrow
๐ Same deadline for veNFT deposits on #Solidex
๐ @SolidexFantom is expected to launch
๐ Clarity on @0xDAO_fi's launch plans coming soon
Then the battle for control of #Solidly truly begins!
๐ @solidlyexchange emissions start tomorrow
๐ Same deadline for veNFT deposits on #Solidex
๐ @SolidexFantom is expected to launch
๐ Clarity on @0xDAO_fi's launch plans coming soon
Then the battle for control of #Solidly truly begins!
So what's new?
๐ @RadialFinance confirmed solo
๐ @SushiSwap looks to be solo
๐ @SynapseProtocol has a proposal to join #0xDAO
๐ @Spirit_Swap + @fraxfinance still TBD
And all 8 veNFTs of #Solidly's early partners have just been deposited / locked, cementing the alliance.
๐ @RadialFinance confirmed solo
๐ @SushiSwap looks to be solo
๐ @SynapseProtocol has a proposal to join #0xDAO
๐ @Spirit_Swap + @fraxfinance still TBD
And all 8 veNFTs of #Solidly's early partners have just been deposited / locked, cementing the alliance.
Update on the $SOLID launch, $OXD & #solidly (@solidlyexchange $SEX) partnerships, and the game plans of all 25 protocols that have received the initial allocation
๐งต...
#Fantom $FTM @FinanceFirebird @kamikaz_ETH @KingsFantom @wagmiAlexander @BillyBobBaghold
๐งต...
#Fantom $FTM @FinanceFirebird @kamikaz_ETH @KingsFantom @wagmiAlexander @BillyBobBaghold
1/The 2 major accumulators are 0xDAO (@0xDAO_fi) and Solidly (@solidlyexchange)
0xDAO Party
- 7.4mn $SOLID staked or 37% of all allocation
- Members include: $OXD, $BOO, $TOMB, $SCREAM, Reaper Farm, $BEETS, $LQDR, $TAROT
- Currently, 6 of the 8 members have voted for own pools
0xDAO Party
- 7.4mn $SOLID staked or 37% of all allocation
- Members include: $OXD, $BOO, $TOMB, $SCREAM, Reaper Farm, $BEETS, $LQDR, $TAROT
- Currently, 6 of the 8 members have voted for own pools
2/ Solidly Party:
- 6.7mn $SOLID staked or 33.7% of all allocation
- Members include: $YFI, $WEVE, $CRV, $GEIST, $MULTI, $REN, $SPELL, and Saddle Finance
- Currently, no members have voted but the likely pools to be voted are:
- $WEVE - $USDC
- $GEIST - $FTM
- $MIM - $USDC
- 6.7mn $SOLID staked or 33.7% of all allocation
- Members include: $YFI, $WEVE, $CRV, $GEIST, $MULTI, $REN, $SPELL, and Saddle Finance
- Currently, no members have voted but the likely pools to be voted are:
- $WEVE - $USDC
- $GEIST - $FTM
- $MIM - $USDC
