Never fall in love with a project.
@NMTD8 is about to get liquidated on almost 1M HYPE ($27M) in EVM loans across both HyperLend and HypurrFi.
He borrowed millions in BTC, ETH, and SOL against his spot HYPE and then leveraged longed more HYPE between 36–42.
After getting partially liquidated a few times over the past weeks, he’s basically out of funds to repay the loans.
https://t.co/RQFrFRaqcJ…
I’ve been following him for a very long time, he one of the most important HL OGx and I respect him.
But read his posts - exactly why you shouldn’t fall in love with a project and should always try to look at things objectively, without letting your emotions get involved.
Source: https://t.co/pe4XOhEJw0
1/ Check your Blitz Points 👀
We have just launched Blitz’s points page & conducted our Initial Points Drop!
Over 350M Blitz Points have just been distributed to users of Blast, popular DeFi Apps & some of Crypto’s favorite NFT Communities!
Users, developers, and validators can engage with the testnet through Galxe's Quest platform. The Galxe Quest platform will feature activities involving the core chain, its enshrined applications, and projects building in the ecosystem.
https://t.co/uZtGRKa6TJ
We are pleased to partner with @Galxe for their Arbitrum STIP Blast campaign 🚀
Bridge from Optimism to Arbitrum via https://t.co/tvMpOBfIJP to enter the raffle to win your share of $5000 🏆
📅 11.30.23 - 12.14.23
➡️ https://t.co/mZT500dPz2
It's time! Welcome to week ten, the final week of the Ser Bridgealot campaign. This week, we are partnering with @Kwenta_io ⚔️
The end is near. Will you be crowned king? 👑
Complete the tasks & claim your OAT! 🏆
📅 10.30.23 - 11.6.23
📍 https://t.co/QeJc4K2VbJ
cPerps just went live on Optimism too!
🔴 Liquidity is sourced from @Aaveaave v3
🔴 More money markets are coming soon
🔴 You can now compare APRs (the equivalent of funding rates) across chains👇
We just launched cPerps (Contango perps) with @AaveAave on @arbitrum 🔥
cPerps are built by automating a looping strategy on money markets, via flash loans.
Cool things:
➡️ up to $20B liquidity
➡️ 20x less volatile funding rates
➡️ Early traders will be rewarded (soon?) 👀
$RUNE can 10X faster than you think…
ThorChain is a decentralized liquidity network that allows users to swap native assets, while maintaining custody of those assets.
This is needed more than ever!
With the launch of “stream swaps”, users can swap / trade crypto with cheaper fees than a centralized exchange.
This has caused a huge spike in volume. A record breaking $100m in 24 hours was just achieved.
The 3:1 ratio / flywheel tokenomics of $RUNE are unmatched.
More Swaps = More Liquidity = More Bonded $RUNE
With lending right around the corner, current price levels look CHEAP.
1/ Vertex Altitude: The Final Challenge is Live 🏔️
Join us at Everest and complete on-chain tasks to earn an NFT collectible!
What awaits volumooors at the end of this multi-week challenge?
Get started: (https://t.co/5gncscbuoy)
⏰ The wait is over! Our incentivized testnet is now live on @0xMantle. 🥳
We welcome degens, traders & market-makers to come join us in building the first liquidity management protocol for @0xMantle. 🌟
#BuildonMantle
I am participating in incentivized testnet of @Rivera_Money_ on @0xMantle . Join me in building the future of liquidity management.
https://t.co/aB3O6x1Cro
#BuildonMantle