HERE'S WHAT I LEARNT ABOUT @liqfinity TODAY
Liqfinity uses Sentinel AI, a system that watches the market and makes sure everything stays fair and secure.
=>> For borrowers: Instead of paying fixed fees, the cost of borrowing changes depending on market conditions. This keeps things balanced and fair, while you stay in control of your loan the whole time.
=>> For liquidity providers: They earn money from the fees that borrowers pay. These fees are collected every hour, so providers are rewarded regularly for contributing their funds.
That's all for now, see you in the next one
STARTING A NEW SERIES ON @liqfinity
I would break down every aspect of liqfinity to its simplest form
Let's get to it
Firstly, We Start With
What is LIQFINITY ???
Liqfinity is a platform in the crypto space where people can do three main things:
1. Borrow money with crypto – You can take a loan using your crypto without the usual risk of being forced to sell it if the price drops (this is what "no liquidation risk" means).
2. Provide liquidity – This means you put some of your crypto into a pool that others can use for borrowing or trading. In return, you get rewarded.
3. Earn rewards – Both borrowers and those who provide liquidity can earn extra benefits or income.
Tip📍
My journey into @liqfinity mainnet starting very thoon
HERE'S WHAT I DID TODAY ON LIQFINITY 🫠
I talked about farming @liqfinity mainnet, I'm very close to starting now
To have access to liqfinity page , I need the pioneer nft, so I went straight up to jumper and bridged from hyperevm(my favorite chain) to base
After that, I went straight to opensea and got myself the pioneer nft
I'm one step closer to begin my farming journey
See yall in the next one
@daumeneth GM @daumeneth
I made this 1/1 Floting Island fanart and I hope you like it
(Inspired by Travis Scott Astroworld album cover)
I’ll call this one “Daumenworld”🫡🎨
💥Updated guide on @berachain Testnet
🆕5 new Dapps
🧵In my previous 2 threads we used 11 dapps on @berachain
📝Today we will try 5 new dapps on Berachain Testnet
✅This will increase your Testnet contract interaction
🎉Airdrop for Testnet is already confirmed by @SmokeyTheBera in his recent post, so don't skip this
⚠️No details on Snapshot
⚠️No details on eligibility
👇Steps
🔗https://t.co/8SgH1H61g2
✅Get daily $BERA faucet
1️⃣ @0xoogabooga
🔗 https://t.co/u9HEcTxRRG
✅Swap $BERA to $HONEY
2️⃣ @izumi_Finance
🔗https://t.co/vLE6KzVQLd
✅Swap $BERA to $USDT
3️⃣ @WeberaFinance
🔗https://t.co/eFewFDKJJ7
✅Deposit $HONEY
4️⃣ @zerolendxyz
🔗https://t.co/UYfNbDKujK
✅Deposit $HONEY
5️⃣ @KiloEx_perp
🔗https://t.co/NoGooVV0ji
✅Switch to Berachain
✅Mint test 200 $USDT
⚠️Trading is not working, so u can try when it's available
💥Total 16 dapps
👇Check QT for me previous 2 threads
💙Like
🔁RT
𝙈𝙮 𝙐𝙣𝙩𝙤𝙡𝙙 𝙉𝙁𝙏 𝙅𝙤𝙪𝙧𝙣𝙚𝙮
I had just stepped foot into web 3,I was a complete noob,and wasn't assisted by anyone at first It was by my curiosity that I stumbled upon Web 3.
I wasn't honestly getting the hang of it, as I had no clear knowledge of what I was to do
Uncoded has been building for days, and tomorrow will be exactly 1 month that I've known and studied the @UncodedBTC. from less than 1k X followers to 26k followers
And from less than 1k discord members to 6900 dc members, it's been a long way coming, and we are not stopping here, full speed, no breaks.
In the coming days, I might have something for my community members.
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At the moment collabs only with ordinal communities and no daos at the moment but will soon be open to communities too soon