TA-DA!
@WeAreTellor, a decentralized oracle which verifies off-chain data through competing miners, has launched their Pay-to-Play wallet to mainnet, making their operations more resilient.
https://t.co/oJKvNOz4ll
#ethereum#blockchain#webdevelopment
Liquidity 🫗
Dexible v2 intends to be the answer to DeFi's fight for liquidity.
We must build the middleware that will enable significant net capital inflow into the ecosystem.
There's no way we can do it alone.
19/x
Activate the Community 🚨
With v2, we want to significantly expand the community.
Some ideas:
1. Enhance Rewards for long-term holders
2. Introduce gamified levers for boosted rewards
Bring your ideas to our social channels. You can help @DexibleApp by expanding it.
18/x
Bi-Directional Bets 🎰
To achieve programmable workflows, our first objective is to add more logic.
Today on Dexible, bi-directional bets cannot be taken simultaneously. This will change.
ex: simultaneous take profit and trailing stop orders on a single position
17/x
Signal Trading 📶
We need to make trade strategies even smarter.
3 🤯 objectives:
1. More signals other than the price rate
2. OTO, OCO, OTOCO capabilities
3. Order chains, branching logic, and decision trees UX
3. Conditions at the strategic level
16/x
Flywheels P2: Native Liquidity ☸️
The more trading, the closer Dexible gets to bringing down fees further for each trade.
The more orders, the easier it will be to match trades peer-to-peer.
15/x
Flywheels P1: Native Liquidity ☸️
The more native liquidity amassed in the Proof of Trade protocol, the closer Dexible gets to unlocking special products for collateral/borrowing, margin, leverage, and even OTC.
Imagine highly efficient LPing with minimal fees.
14/x
Swaps ➡️ Programmable Workflows 🤖
Automated strategies for everything from hedging, to arb and low-caps, to smart position unwinding.
Imagine stringing together multi-step + multi-condition workflows, passive income on hypedrive.
13/x
Smart Order Router API 📡
Dexible's SOR will be a callable endpoint.
1. More efficient DEX spot market capabilities
2. Meta-aggregate ad-hoc routes from others
3. Modularize so separate teams can provide execution
4. Explore execution types, from swaps to new primitives
12/x
Shake up Routers 🧂
We believe in reimagining how routing works.
Routers should achieve the trader's tactical needs, their strategic needs, and become stewards for the ecosystem at large.
It's possible to incentivize cooperative strategies between aggregators.
11/x
$DXBL 🪙
Token incentives now power Dexible through a pure utility, rebate token called $DXBL, directly linked to trading activity.
As you trade, you earn $DXBL which has inherent value within fees collected by the Community Vault.
📖 Read more:
https://t.co/0BeBGwH3JT
10/x
v2.0 Roadmap 🗺️
To achieve all the 9 pillars of Dexible v2.0+, we've laid out a strategic roadmap to accelerate Dexible's awareness, adoption, and community growth.
Review the 4 Phases of the Roadmap here: https://t.co/nuFXWITWbA
9/x
There are 9 Pillars of v2.0 🏛️
1. $DXBL Tokenomics
2. The Proof of Trade Protocol
3. Dexible Router API
4. Strategy Workflows
5. Flywheels
6. Signal Trading
7. Complex Logic
8. New Primitives
9. Community Activation
8/x
Today we announce our v2.0 Strategy 📈
Our vision is to decompose today’s evaluation, txn relay, and submission into an entirely new smart contract architecture and a fundamental contributor to the DeFi trading stack.
📖 Read the strategy here:
https://t.co/Ah21EF8DNi
7/x
What is Dexible? ⚙️
It's a DeFi trading dapp focused on maxing profitability on-chain.
We pioneered complex execution, baking in trade optimizations, and concealing strategic intention for DEXs.
6/x
https://t.co/CecdIgQnJ0
Today's DeFi solutions max for one of those verticals:
1. Complexity - Off-chain infrastructure
2. Efficiency - Decentralized limit order books
3. Intentionality - Permissioned app-chains
Each has strengths. Each has drawbacks.
We truly have a Trilemma of On-Chain UX
5/x
What would bring all that CeFi liquidity and volume into DeFi?
3 verticals must be addressed: Complexity, Efficiency, and Intentionality:
1. Programmable capabilities
2. Deploying capital w/ less impact
3. Minimizing info leakage
4/x
Every day, $2B worth of volume happens on DEXs. Of that, 50%+ ends up on Uniswap alone.
Aggregators are but a 10-15% sliver of the DEX market today.
3/x