GM traders. New day, new pop.
Join to become a Popper: https://t.co/l2X3CPpFjR
Early Discord members can now claim the PopDEX OG Role before 12 PM UTC, May 27.
Gm trenches
We just released a broad reliability and data accuracy update. Cleaner displays, safer flows, and fewer silent failures across trade, liquidity, and explore.
A thread🧵
We've just surpassed 130k unique addresses and 3.4m testnet transactions on Ethereum Sepolia, just 3 weeks after launch.
The team has been working hard on a major release over the past week to fix issues across the entire protocol.
Stay tuned for the upgrades coming to Nemesis this week.
Nemesis.
At @lorafinance we are actively raising, as early as possible, from Crypto VCs. 30,000 DAUs everyday. Reach out!
If we somehow get a VC call after this, we'll deliver the best "no liquidation" option protocol.
If not, just know that most VCs dgaf if you aren't in SF or didn't graduate from an Ivy League. All this "actively deploying" is just butterflies masking their winding down phase.
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Nemesis V1 is now live on Ethereum Sepolia.
We will deploy to mainnet after auditing and expand to more EVM-compatible chains, such as Base and BNB chain, in the next few months.
Get Sepolia ETH: https://t.co/PECPZTHWwg
1/ We’re building a perpetual protocol around a simple idea: outcomes should come from market direction and position management, not from hard-to-model exchange mechanics.
All issues fixed
In the last 4 days, due to a huge influx of users coming in to the platform, our position closer shut down, leading to inability to close underwater positions. As such, the tokens claimed got instantly consumed after claim.
We received the feedbacks from users and immediately took actions. Everyone who submitted the feedback has been compensated. This is what the testnet and all the waitlist is for. Please continue helping us to build this platform. We are opening for queue 2 next week.
-> Queue here: https://t.co/bLEV6hvIlF
People are trading $750,000,000 on Lora Testnet, given only 1 claim of 0.1ETH per day.
20,000 Daily Active Traders and 250,000 positions opened.
No washtrading. Pure work. We want to see these stats in our main net.
-> Queue here: https://t.co/bLEV6hvIlF
Clarification on why we "gatekeeping" people.
Dear our valuable users,
First I want to express my sincere gratitude to the early farmers, testers, advisors, and believers of this DeFi experiment. Up until today 112,000 waitlist registration, 20,000 DAUs, 44,000 positions opened, 80,000 transactions, and so on, are incredible numbers in a bear market.
These numbers are giving us a "pleasant headache". Our infrastructure could not handle that many of people at a time and our plans on multiple tools draining like crazy. That's why we have to make multiple layers of entrances, so that the platform won't crash😅.
With that being said, I am grateful. Thank you for joining this experiment. We'll let everyone in asap. in the meantime, we do expect to receive as many feedbacks as possible. We'll post a feedback form.