Abhimanyu Kashyap

I put your assets in motion. From potential to Kinetic. Take back Ownership and Diversify.

[Abhimanyu Kashyap @MagicOfAnon]

@smykjain and @kashdhanda - beast mode brought on Solana. Killed it guys. Loving the CT takeover by @jup_lend and @0xfluid

It’s prime time matinee for Web3.

Also a case study on organic growth.

Legendary

[Fluid 🌊 @0xfluid]

Fluid is heading to NYC for @ethconf 🗽

Our Founder & CEO @smykjain takes the stage at the Javits Center on June 8.

Join us → https://t.co/jUzg2pwbjB

[Wei @thedaoofwei]

We are hiring @coinsph

[Fluid 🌊 @0xfluid]

https://t.co/HPeM0RAbaC

[Mardeni @Mardeni01]

this user just swapped out 22,139 awETH ($51.5M) via our redemption protocol

https://t.co/vlCMidz5uR

[DMH 🦇🔊🌊 @DeFi_Made_Here]

Fluid is safe, no new debt and nearly 0 rsETH exposure on L2s

[Fluid 🌊 @0xfluid]

Fluid has paused markets that could be affected by the ongoing KelpDAO rsETH incident.

Fluid has no material exposure to rsETH on L2s and no new borrowings against rsETH happened after the Kelp DAO rsETH bridge exploit.

User funds are secure and no action is required.

All other Fluid markets are safe and continue to operate as intended.

We are monitoring the situation closely and will provide updates as they become available.

[Samyak Jain 🌊 @smykjain]

Fluid team did a sprint, launching something in an hour for a solution of current problems in DeFi and Aave.

Keep an eye out! 🌊🌊🌊

[Samyak Jain 🌊 @smykjain]

At @0xfluid, we are working on most advanced oracles in DeFi which will allow us to configure every small config on: What pricing to use, when to use it and how to use it.

Here what we will be able to control:
- Use different price for user's operation & liquidations. For peg assets, use market pricing for user's operation and fundamental pricing for liquidation. If market price differs more than 2% than fundamental pricing then pause withdrawals & borrowings. Allowing protocol to not take any extra risk.
- For an asset used on collateral side, use more "conservative pricing" for user's operations while "realistic pricing" for liquidation.
- For an asset used on debt side, use more "aggressive pricing" for user's operations while "realistic pricing" for liquidation.

At any time, the pricing between liquidate & operate (user based operations) differs by x%. Then limit protocol from taking any new risk.

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In short, protocol will use both market price and fundamental price depending on action and go into temporary partial lockdown when pricing deviates by certain %.

[Abhimanyu Kashyap @MagicOfAnon]

@itscharann @0xfluid Stay fluid 🌊

[Abhimanyu Kashyap @MagicOfAnon]

@DeFi_Made_Here Stay fluid 🌊

[Abhimanyu Kashyap @MagicOfAnon]

@DefiIgnas 🌊

[stein @steinRWA]

Looking back at 2018-19, it was just L1/L2, gameFi and some other narratives making waves. If we had made this chart then, I guess RWAs would prolly make either tier C/D. Props to all the team that believed in RWAs as far back as then, and kept building in silence.

It’s a different ball game now because everyone wants to know what RWAs are, and why we really want to tokenize all necessary assets.

Even with all the moves rn, I still think we are in the iceberg stage. Still a lot of big things to unravel here.

Ladies and gentlemen, it’s RWA szn!

[Abhimanyu Kashyap @MagicOfAnon]

@sowmay_jain @0xfluid 🌊

[Abhimanyu Kashyap @MagicOfAnon]

@DeFi_Made_Here 🌊

[Samyak Jain 🌊 @smykjain]

As market is crashing, almost 20 different users are liquidating together as 1 in Fluid's ETH-USDC vault on Ethereum.

Positions ranging from <$1 to $250k, all liquidating together as 1.

Branch now has about 20 positions. Users who entered the branch early (aka higher liquidation price) have lost almost 90% of their positions while some only 30%.

The work I'm most proud of is not "Smart collateral & Smart debt". It's the liquidation algorithm!

Many more innovations to come this year.

Making DeFi more Fluid 🌊🌊🌊

https://t.co/VvW9P1I37z

[DMH 🦇🔊🌊 @DeFi_Made_Here]

Exactly one year ago, I sent a message to the team about the opportunity to expand to Solana.

Two months later, we started working on it. Six months after that, we launched @jup_lend in collaboration with @JupiterExchange, and it turned out to be one of the best decisions we have made at @0xfluid (Jupiter team is awesome and a pleasure to work with).

Today, Juplend is already bigger than Fluid native deployment on Ethereum, with massive potential ahead. New features are coming later this year, including onboarding of institutional players, new collateral types, and entirely new products.

The Solana lending market TVL has also doubled since last year, with many more billions entering the ecosystem in the coming months (trust me). Our goal is to reach $10B on Solana by the end of the year, and I have no doubt we will get there.

We also have the same goals for all our other major deployments, including the upcoming deployment of Fluid on BNB chain in collaboration with @VenusProtocol.

Could not be more excited for what's ahead. Stay Fluid 🌊

[Andy @andyyy]

The entire onchain lending market is going to 10x.

100x, maybe if the tokenization mania continues to explode.

[Samyak Jain 🌊 @smykjain]

While the market is down and ETH is down ~36% from ATH. @0xfluid has been doing very well.
- TVL only down from $6B -&gt; $5.1B (~17%)
- Daily revenue from $50k to $30k
- Active loans down by ~23%

Will soon reach a new ATH with the @VenusProtocol X launch 🌊🌊🌊🌊🌊

[Fluid 🌊 @0xfluid]

4 months. Big waves. Fluid on @Plasma 🌊

[Abhimanyu Kashyap @MagicOfAnon]

🌊