Gm guys. We have:
- Placed multiple bounties to track the exploiter;
- Coordinated with our partners and got their constant support;
- Joined a War Room with Sei Foundation to plan next steps.
We also sent a memo to the hacker via IDM on Blockscan - and luckily they replied. A portion of the stolen funds was returned, but we're working on further negotiations.
Our current priority remains to mitigate damage, recover funds, and strengthen security moving forward.
Thank you all for standing with us. 🙌🏻
@SuiNetwork hosted a $10k article competition and its co-founder @EmanAbio bro immediately dropped this banger to assert dominance like how could we even top this btw
i've been aping into Sui memes for 4 months
$hippos, $blub, $lofi, $fud... the usual ones (best ones)
my trades went well, and i thought i made some decent gains
but when i checked my wallet: i'm still barely broke even
wtf?
turns out i was bleeding 5-8% on every swap to shit routing
i'll show you vital tricks to stay alive on this chain
🧵
Getting exposure to bluechip assets used to mean committing size;
if you didn’t have it, you watched from the sidelines.
we built a platform that one dollar can get you close, fairly & transparently.
private alpha is live: https://t.co/EIr9XhgIb0
read more below 👇
9/ stop losing 6-8% per swap to single-pool routing, because you literally can do better just by choosing a better tool
Flowx splits orders across 38 sources automatically
https://t.co/sVGDs58vrR
with Sui meme liquidity this isn't a nice to have
it's survival
6/ my last 30 days:
38 meme trades at $600 avg ->
before FlowX: ~$912 lost to price impact (4% avg)
with FlowX: ~$342 lost (1.5% avg)
so i kept $570 more
that's 1 extra 2x winner just from better routing
Meteora has been quietly building the best LP UX on Sol:
- DLMM pools (dynamic liquidity)
- suto-compounding
- now one-click rebalancing
they're solving real problems even from the UX side, not just the tech side
this is how you bring actual users into Defi especially when it's like catching up or getting rekt these days
https://t.co/VvTZGmf3i4
as an LP i will always see @MeteoraAG's DLMM rebalancing feature as underrated
the problem with concentrated liquidity for example:
when your $1k position goes out of range -> stops earning fees -> you have to:
1. withdraw liq
2. calculate token ratios
3. swap to rebalance
4. create new position
5. deposit again
5 steps + 10 minutes + multiple gas fees
by the time you're done, the price moved again :D
with the rebalancing feature:
click rebalance -> pick a strategy -> done.
it automatically:
- exits old range
- swaps to proper ratio
- enters new range around current price
- makes position double-sided (earns on both directions)
what took 10 minutes now takes like 20 seconds.
this is the LPing experience retail needed
i lost >$1.2k providing liquidity on Sui last year
if you’re doing lp on Sui and have a wallet size between 5-10k, here are some tips to save $1k a year (honestly)
🧵
my final thought is if you're serious about lp returns on Sui:
- stop using single Dex for rebalancing.
- start using aggregator (i strongly recommend flowx)
it's literally free money you've never noticed leaving on the table
i'll do more posts about my lp - trading journey on Sui later, please support if you can 🙏🏻
on Sui, there're some fine Dex and aggregators like cetus, turbos...
my personal best option is not quite obvious - flowx
i won't talk much about technical stuff, since i literally don't know how :D but my time period using flowx recently has been saving me hundreds each month
what i can assume is, it's having more liquidity sources (38?) than other aggregators, which help it find routes others can't access (@FlowX_finance team pls confirm this)
so a same $1k swap:
normal Dex: $1-2 slippage
aggregator: $0.10-0.20 slippage
flowx: $0.05-0.20 slippage
2-3 swaps per day and welcome back my $1k just by using a better Dex agg