gmonad and welcome to the path of stars
lil chogstar glad to announce that we will be live and stored on @monad_xyz chain since day 1 of mainnet
cosmic travelers participants can secure starlist(WL) here:
https://t.co/bgDX3fCRfU
GM. Exciting News: Our Telegram Mini App is Now Live.
https://t.co/ya0UXaY6fg
We are thrilled to finally unveil the launch of the latest official gateway to seamless participation in the gmAI ecosystem. Starting today, users can start exploring and earning rewards.
Within less than 4 hours, the GM Mini App on Telegram has reached the 100,000 user milestone.
Our incentive campaign has just started. Fasten your seatbelt.
Explore the GM AI Ecosystem and earn rewards: @gmdotaibot
Introducing RouteX: Revolutionizing Liquidity on the Movement Blockchain
@routexio stands poised to redefine decentralized finance (DeFi) on the @movementlabsxyz blockchain by providing a comprehensive liquidity aggregation platform.
Announcing Merkle @Galxe Campaign Part 1: Social Synergy 🔥
Join our space and complete social tasks to earn loyalty points 🌲
Exclusive benefits are reserved for point holders - the more the merrier 🎁
Multiple quests are coming soon so stay tuned!
The campaign is available on @GalxeQuest here 👇
https://t.co/semb23w70v
The wait is over! 🥁
𝗖𝗼𝗺𝗽𝗼𝘀𝗮𝗯𝗹𝗲 𝗠𝗼𝗻𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗧𝗲𝘀𝘁𝗻𝗲𝘁 𝗶𝘀 𝗟𝗶𝘃𝗲!
Try it here - https://t.co/XSxlvl8YgD
We are thrilled to announce the launch of our Testnet for a Composable Money Market featuring Isolated Lending Positions where users can dive into cutting-edge DeFi experiences in a gamified way by engaging in lending, borrowing, and other activities.
This composable money market will serve as a foundational layer, supporting a range of applications for yield aggregation, leveraged farming, yield trading, LSTFi/LRTFi, perpetuals, long/shorts, margin trading & more.
Users can interact with various tokens, including native tokens on Aptos and bridged LRTs (@KelpDAO, @puffer_finance, @ether_fi, @renzoai, @swellnetworkio) for lending and borrowing on testnet.
📅 𝗖𝗮𝗺𝗽𝗮𝗶𝗴𝗻 𝗗𝗲𝘁𝗮𝗶𝗹𝘀
Campaign Start: May 20, 2024
Campaign End: May 30, 2024
𝗞𝗲𝘆 𝗙𝗲𝗮𝘁𝘂𝗿𝗲𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗠𝗼𝗻𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 :
- Lending and Borrowing: Users can deposit assets to enhance liquidity in lending pools and earn interest, or use their assets as collateral to secure loans. Borrowing capacity is determined by a Loan to Value (LTV) ratio.
- Isolated Lending Positions: Each lending and borrowing activity is treated separately, ensuring independent and granular risk management and preventing broad liquidation risks.
- Composable Infrastructure:
Other projects on @Aptos can seamlessly integrate and tap into the money market liquidity for maximizing returns.
- Variable Interest Rates: Interest rates fluctuate based on capital availability and utilization. Low rates promote borrowing when liquidity is ample, while high rates encourage debt repayments when capital is limited.
- Efficiency Mode: This mode enhances capital utilization and borrowing flexibility by leveraging specific asset relationships for more effective borrowing and lending.
🔺𝗛𝗼𝘄 𝘁𝗼 𝗣𝗮𝗿𝘁𝗶𝗰𝗶𝗽𝗮𝘁𝗲:
🔼 Mint Tokens: Acquire APT, USDC, or USDT from a faucet or bridge LRTs from the BSC testnet to Aptos.
🔼 Lend and Borrow: Use the Main Markets section to lend and borrow assets.
🔼 Manage Portfolio: Utilize the Portfolio section to manage your positions, including adding new lending or borrowing assets, and withdrawing or repaying.
Video Tutorial - https://t.co/KIPm1WL5OD
🔺𝐇𝐨𝐰 𝐏𝐨𝐢𝐧𝐭𝐬 𝐖𝐨𝐫𝐤:
🔼 Asset Point Allocation:
Each asset has certain points allocated. (e.g - 10 points per APT, 1 point per USDC).
🔼 Lending Points Calculation:
1x points per day based on assets lent. (e.g - If 10 APT is lent then 100 points will be allocated per day)
🔼 Borrowing Points Calculation:
7x points per day based on assets borrowed. (e.g - If 10 APT is borrowed then 700 points will be allocated per day)
🔼 Multiplier Thresholds:
Multipliers gets applied after point reaches certain threshold.
What's Next?
Joule Finance is in the final stages of security audits and will be launching the composable money market and comprehensive yield aggregation platform.
Join Joule Finance’s Composable Money Market Testnet to explore innovative DeFi features in a gamified manner within a secure and efficient ecosystem.
Check the entire blog here - https://t.co/7OY3b3oL8u
Smashing on-chain verification costs
The current on-chain verification costs in Ethereum are high, reaching 100M USD per year. These costs come from data storage, access, and computation.
Aligned is poised to revolutionize the cost landscape of zero-knowledge proofs, potentially slashing the current high on-chain verification costs in Ethereum.
Aligned allows developers to verify and use the result of their proofs for just 2100 gas.
Curious to know how? Check out this thread:
Joining forces with @EpikProtocol🤝
EpiK Protocol is an AI-first blockchain that aims at an open and collaborative AI data network accessible to all AI bots in Web3. This partnership is primarily focused on the marketing perspective.
Excited to welcome them to the ecosystem!
A reminder that the Creators program is live, and for the next short period, you can earn BOTH U points and G points.
Both U and G points qualify for $U and $GREED token airdrops 🤯🧙♂️
Here's how it works 👇
1. Write quality content about Uncharted or Gangster Arena
2. Tag the relevant account (@gguncharted
or @gangsterarena)
3. If we like your content, then you get both U and G points 🤝 (We really like video content too)
More info here: https://t.co/buq3IuMriw
Finishing off the week with a strategic alliance!
We have teamed up with @Koi_BTC
Introducing K.O.I (Kingdom of Imagination): An innovative approach to social gaming, combining virtual pet care with AI-enhanced competitive elements. This partnership is primarily focused on the marketing perspective.
Welcome aboard🤝