$ETH moon, $ALTS skyrocket 🚫 LPs get rekted eh?
New solution's coming to help ease the pain. IL protection is _NOT FREE_ but at least it's 100% predictable.
It's christmas time! courtesy of @GriphookETH 👺
😈 Sneak-peek at contract https://t.co/kSZ9EFT7PG (not deployed yet)
🚨 1/ The recent @warpfinance hack is the result of using vulnerable @UniswapProtocol 🦄 LP token prices.
The attacker was able to drain ~$7.8M worth of $DAI for smaller collateral.
#AlphaHomoraV2 uses a different LP pricing method that is safe against such attack vector. 👇
And .... @Quantstamp is auditing #AlphaHomora v2 😤
Features include:
- lending & borrowing on multiple assets
- support for YF on @CurveFinance@BalancerLabs
- ultimate interop between multiple #defi protocols
- native flash loan support
- more
https://t.co/BW9msvFFDg 🎄🎄🎄
And yet again #AlphaHomora frontend breaks. 😂
We need more software / services like the graph that's maintained by community & designed to be run by developers.
Or @GraphProtocol can just please kick start the network and stop using the _stop-gap_ centralized solution already.
And yet again #AlphaHomora frontend breaks. 😂
We need more software / services like the graph that's maintained by community & designed to be run by developers.
Or @GraphProtocol can just please kick start the network and stop using the _stop-gap_ centralized solution already.
I think everyone agrees that @graphprotocol is a major breakthrough in dApp development.
It _does break_ a lot though. Are you aware of any alternative, open source implementations? @yanivgraph@evabeylin @jannispohlmann
Generalized option market 🧐
I do have a few ideas that's definitely _weird_, possibly something vv different from what everyone's used to in both centralized and decentralized finance. Interestingly it can be built w/ the same framework as IL insurance hmm...
Sharing more soon
Currently, $ALPHA has a few products in our portfolio:
❶ Homora leveraged yield farming: 🟢 LIVE
❷ AlphaX perp future market: 🟡 TESTNET
❸ Impermanent loss insurance: ⚪️ DEV
These are some of the most important problems in #DeFi. What else do you want us to solve? 🧐
I think everyone agrees that @graphprotocol is a major breakthrough in dApp development.
It _does break_ a lot though. Are you aware of any alternative, open source implementations? @yanivgraph@evabeylin @jannispohlmann
@rahul_rai121 for most part, IL calculation looks correct.
one thing i don't see is the calculation of the _⚠️variable_ funding rate that buyer needs to pay to hedge for IL. it seems weird to me why they would pay non-fixed cost to hedge another non-fixed cost.
maybe i'm missing sth?
Currently, $ALPHA has a few products in our portfolio:
❶ Homora leveraged yield farming: 🟢 LIVE
❷ AlphaX perp future market: 🟡 TESTNET
❸ Impermanent loss insurance: ⚪️ DEV
These are some of the most important problems in #DeFi. What else do you want us to solve? 🧐
Once upon a time, the Fed cut interest rates so folks could borrow USD to boost the economy...
...but instead, everyone used the cheap debt to buy bitcoin and effectively short USD... causing a death spiral into gwop oblivion and happily ever after, the end. 🧚♀️
@mrjasonchoi well, not to shrill my own bag but I'd say @tascha_panpan and @nipun_pit for bringing a a breath of fresh air to DeFi beyond lending & stablecoin
the changes they bring to crypto space will be more prominent in the upcoming months. you'll see
@DegenSpartan@rootslashbin@scupytrooples fair point.
@AlphaFinanceLab is a pretty new project (with a collection of yield-maximizing products). in order to bootstrap usages, we deliberately ignored $ALPHA value-capturing in "v1" design.
we're working on the value capturing aspect of $ALPHA in upcoming products & v2.