You all said education, and I couldn't let that be the barrier of entry!
Here's a quick video going over https://t.co/AsP97sBch4 to give you the tools needed to completely understand @PharaohExchange.
If you have any questions please share them below.
(I'm sorry its long I can't help it)
$AVAX on chain metrics that actually matter are returning.
Volume, fees, liquidity depth. These all help build a foundation that attracts organic growth and im so fucking excited for it.
Ever MAJOR announcement and upgrade Pharaoh has had has been met with the absolute worse market black swans ever.
Today was no different. Gonna have to start hedging in the future haha.
So excited to bring these to people with a heavily improved UI/UX and new rewarder mechanism to bake it into the Pharaoh Ecosystem.
Join us at 1pm est for a sneak peak and we can discuss!
DLMM pools are arriving on Pharaoh!
Pharaoh has now evolved into the most complete liquidity layer on Avalanche.🔺
With concentrated liquidity, DLMM, and legacy pools all in one place, Pharaoh is now the ONLY DEX IN DeFi built to support all 3 liquidity types.
Let’s talk about what makes this so monumental for Pharaoh and @Avax.👇🧵
DLMM pools are arriving on Pharaoh!
Pharaoh has now evolved into the most complete liquidity layer on Avalanche.🔺
With concentrated liquidity, DLMM, and legacy pools all in one place, Pharaoh is now the ONLY DEX IN DeFi built to support all 3 liquidity types.
Let’s talk about what makes this so monumental for Pharaoh and @Avax.👇🧵
It’s a great time to redefine how liquidity flows on @Avax.🔺
The Pharaoh interface is getting cleaner, but the real upgrade is beneath the surface.
We’ve got a lot to show you this week, let’s start here:
Pharaoh is always looking out for the community.🔺
On this week’s Pharaoh Happy Hour, @LHBCrypto talks through how Pharaoh approaches audits, why V3 went through serious review, and how new protocol changes are handled before they go live.
Hope to see you guys at the summit this year!
Excited to be super involved this year.
I think if you've yet to experience a crypto event the summit is a great one for first timers.
Let me know if your coming id love to meet everyone.
Lending markets have been around for a while, but this cycle they pretty much vamped the entirety of DeFi due to asymmetric targeted incentives.
Why? Because the TVL number is all that is cared about for most chains/teams. The most cost efficient way to get a lot of TVL is to incentivize these "single-stake" or lending primitives, where each $ of incentives produces many multiples of $ in tvl.
This is nice for pumping tvl of a chain, but how does this benefit the ecosystem/on-chain economy? The answer is it literally does not at all. Not even remotely.
Ever wondered why DEX tvl is so sparse nowadays? All stable pools and low volatility options still do not see the level of growth/usage as they did past cycles- mostly because the APR/earnings are not worth the "management" of LPing in the CL age.
For chains to truly grow, and have a real economy full of builders, you need to incentivize powerhouses onchain, which every stat on defillama basically shows you lives in the hands of exchanges.
Bringing power back to the DEX landscape will keep afloat many projects in the ecosystem through a ripple effect/trickle down.
I guess I'm biased as a DEX founder, but even as an LPer/farmer, it's almost impossible to find good incentives for LPing (on a chain level/fdn). All the incentives go to low velocity primitives, to make VCs and others happy.