Abas (composability ⚙️,composability ⚙️)

A(rb) bot as (a) service

(also happened to be king of Argos in Greek mythology)

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

Institutional investors are dominating crypto arbitrages opportunities and MM strategies with their billions $.

Abas challenges the status quo by enabling anyone with spare changes to deploy fully automated on-chain trade strategies w/o a single line of code

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

Following on Drift's settlement plan, Abas will:

- update its UI on an estimation of redeemable balance
- opens up redemption no later than 24 hours after Drift enables

more on: https://t.co/INtv6ZpwBe

[Velocity @VelocityDEX]

https://t.co/apZrx6negM

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

update on current situation https://t.co/95bhI6cQUP

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

We have partnered with our friends over at @marginfi for their Fedaykin program ◼️! If you're looking to join a closed and curated group of retail and professional traders to discuss sentiment, capital flows, and alpha be sure to apply below!

Apply here: https://t.co/9AW9EIsZYz

[marginfi @marginfi]

Fedaykin will be sectioned off by trading strategies and market interests

each channel will have members from elite trading firms

more below!👇mark May 9th on your calendar anon

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

👀 i hope you're all as cozy as kraz is right now

[Kraz @krazz187]

- market nuking
- deposit into Abas
- arb juicy spreads and funding
- stay cozy

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

@KemarTiti @ChenWainuo

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

@0xkron it's pure on-chain only, we simulate transaction, if fail we won't broadcast / spam the network

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

We just crossed $10M trading volume with only ~500k TVL in closed alpha!

This generated $10k fee revenue for Drift Protocol and $5k fee for Mango and its MM while our users stayed profitable. Win-win-win-win across the board.

100x these numbers soonTM
https://t.co/AzxvX1Nrdq

[Pyth Network 🔮 @PythNetwork]

And we're live with @marginfi and @cypher_protocol!
https://t.co/8vsG1zgHJh

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

@mangomarkets this is more within @JuicedProtocol 's domain 😅

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

@joebuild Graphic was all done by our one and only @krazz187 <3

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

annnnnnnd we just doubled our TVL in a week to hit our first $1M milestone with 160+ users! 🎉

we start with democratizing on-chain derivative arbitrages, then we inject volume into DEXes to snowball the ecosysem

100x soon

LFG

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

Oof brutal day. If you decided to lock in some stables, remember Abas is always here for you with juicy market-neutral returns

Signup on: https://t.co/X87SaizJfa and join our Discord

We will get to everyone on the list in a week

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

@0xkron we are arbing cross derivative dex for our non-technical savy users!

would love to hear more strategies allowing us to do 10M volume on 500k TVL daily & maintain profitability, on-chain only, with low delta risk

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

@marginfi @01_exchange @bridgesplit @BurntFinance @cypher_protocol @DriftProtocol @Katana_HQ @mangomarkets @PythNetwork @ProjectSerum @solendprotocol @UXDProtocol @ZetaMarkets 📈

[marginfi @marginfi]

fedaykin is live😈

huge shoutout to our protocol partners @01_exchange @abas_finance @bridgesplit @BurntFinance @cypher_protocol @driftprotocol @katana_hq @mangomarkets @PythNetwork @ProjectSerum @solendprotocol @UXDProtocol @ZetaMarkets

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

@MyerQian @ChenWainuo @norbertbodziony https://t.co/5H6DydZvsb

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

- sign up for the fedaykin mint
- access the biggest brain trader community
- ?????
- profit

[marginfi @marginfi]

Today is the day anon…
The fedaykin initiative mint is NOW LIVE on @burntfinance.
Fedaykin is a closed trading community consisting of retail, protocol & instituional traders only admitted through an application process.
Mint or apply below! 👇 https://t.co/bdjSq7Wv1F

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

Lastly, thank you mb-validator for the community-driven effort.

Drift and Mango team for the clear, on-time, and transparent communication.

And of course the rest of the Abas team for manifesting the best outcome possible.

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

A small thread as a sneak-peek into Abas's operation after Sat's Solana outage.

TLDR:

- no users came close to liquidation

- almost all users made 0.3%-0.6% profit during the outage

- please run your own RPC nodes

[Abas (composability ⚙️,composability ⚙️) @abas_finance]

Many RPC providers did not come back online 30mins to hours after the network restarted. This could be due to the overhead of operating a cluster of nodes

Operating a node could cost as low as $500/month with low maintenance. It provides teams flexibility & high control on infra