ABSOLUTELY I NEED HIM!!! @DecayVerse
Your update with the unique avatars is great. The project never ceases to amaze, I am very happy to be an early participant😍🤩
Something's coming.🫡👾
Thank you Eternal Decay team, for another warm and productive evening with like-minded people and team.
Every time we learn something new and decide on future plans together🌱
Together We Are Power - EDM @DecayVerse 🎮
ABSOLUTELY I NEED HIM!!! @DecayVerse
Your update with the unique avatars is great. The project never ceases to amaze, I am very happy to be an early participant😍🤩
⚡️Rockets Success with Nearly 400k Workers Connected to @ionet ?
Or
🗻This is just the tip of the iceberg?
Whats your take, lets take #DePIN or #DePINs ?
#ionet
$9000 for the first-place prize
$900 for second and third place
$500 for the first 3 completed submissions
Get started with Bounty9000👇 https://t.co/Wx7fludsWD
Calling all devs... help build Avalanche L1s for a chance at the $9000 bounty!
Deploy your Avalanche L1 with $USDC as the gas token on Fuji testnet, launch a working PWA along with proper documentation and instructions on GitHub, and submit on @deworkxyz.
Application link below👇
As a CLOB (central limit order book) exchange, Dexalot incorporates more sophisticated features than a conventional DEX.🔥
Combining the simplicity of a DEX with the advanced trading tools of a CEX, The Dexalot L1 ensures users enjoy the most optimal trading experience.🔽
🚨 Attention $IO Nation! 🚨
Today's AMA will now be hosted through Tory's profile.
Tune in at the following link and join the conversation!
See you there!🔥👇
This also draws more builders to the ecosystem. The result? Ecosystem growth and a wider variety of product offerings.
L1s using GoGoPool validators include:
🔺 @nodekitorg
🔺 @onMELD
🔺 @CoqInuAvax
More on @GoGoPool_’s contributions to Avalanche ⬇️
https://t.co/WKYW1xSlPg
Liquid Staking
When users stake $AVAX on @GoGoPool_, they receive the $ggAVAX LST
To generate rewards on staked $AVAX, GoGoPool combines 3 features:
1️⃣ Zero protocol fees
2️⃣ Automatically compounded rewards
3️⃣ Distributing additional rewards via MEV
While the deposited $AVAX earns rewards, $ggAVAX can be used within further DeFi strategies via platforms such as @TraderJoe_xyz, @DeltaPrimeDefi, @WombatExchange, and more.
Currently, over 500k $AVAX are being staked on GoGoPool
This contributes to Avalanche’s growth in 2 ways:
✅ Expansion of liquidity via $ggAVAX
✅ Expansion of security by funding new validators
https://t.co/DYHj7MsS6Q
Validator Services
Historically, operating validator nodes on Avalanche could be costly.
Projects building L1s must run a minimum of 8 nodes, with a minimum stake of 2,000 $AVAX per node.
An upfront cost of 16,000 $AVAX creates a high barrier to entry to build on Avalanche.
Validators who use GoGoPool reduce the minimum to just 1K $AVAX, in addition to staking $GGP tokens – a discount of more than 40%.
Currently, 238 validator nodes on Avalanche are run by GoGoPool – 16.5% of the entire supply
https://t.co/DklwVhpJ9k
GoGoPool’s unique combination of liquid staking and validator services has had several positive effects on the Avalanche ecosystem.
It’s time to dive into @GoGoPool_’s products, users, and how they contribute to the network’s security, community, and liquidity. 🧵👇