0xfatman

Building @Nebula_DEX

[0xfatman @0xfatman]

Due to unforeseen circumstances I have decided to sunset the @Nebula_DEX project as outlined in this blog post:

https://t.co/qg8n1xaZN2

[0xfatman @0xfatman]

Coming soon, to a popular blogging platform near you.

Stay tuned! ✍️

[0xfatman @0xfatman]

We have some bold plans for version 2 of @Nebula_DEX, which rethinks the entire architecture of a DEX, and is likely necessary to scale to 1000s of markets.

[0xfatman @0xfatman]

There's still plenty of room to grow the pie further with a bit of innovative thinking, and that's what we hope to do next year.

[0xfatman @0xfatman]

Everything is starting to come together nicely, and I'm optimistic that we'll be ready very soon!

[0xfatman @0xfatman]

We are working through some final optimsations before launching the first public markets on @Nebula_DEX, namely:

[0xfatman @0xfatman]

4. Enabling $NEB deposits via the trading UI so that users can deposits tokens and use them as margin for trading.

[Nebula @Nebula_DEX]

🚨 Reminder: If you've made your first $NEB claim, don’t forget the final claim!

✨ 314M $NEB tokens are still waiting to be claimed.
⏳ Deadline: November 3rd.
🔥 Unclaimed tokens will be burned!

Claim now: https://t.co/klf9qscsvL
#DeFi #Trading #Airdrop

[0xfatman @0xfatman]

We are pleased to have identified this issue at this stage, and happy that we were able to resolve it quickly.

Every day we make more progress towards launching the best trading experience we can (hopefully next week)! 🤞

[0xfatman @0xfatman]

Two days ago, we increased the max batch size for transactions on @Nebula_DEX from 50 to 101, enabling algo traders to include more orders in their atomic updates.

While doing this, we saw a huge spike in throughput on the chain, peaking at over 5,000 orders/s in some blocks.

[0xfatman @0xfatman]

The end result is that the chain is able to process significantly more transactions while continuing to process blocks in an orderly fashion. The chain is now routinely processing between 1,000 and 2,000 order updates per second as shown in the screenshot below.