Catalyst

Many of life's failures are people who did not realize how close they were to success when they gave up. 🚀 Building @Neverland_Money on @monad

[Catalyst @catalyst_nvr]

Our protocol is winning again. In fact we're winning so much that we really don't know what to do about it. People are asking me "Please, please, please Cata, we're winning too much we can't take it anymore! We're not used to winning in DeFi. Until Neverland came along we were just always losing, but now we're winning too much" and I say "No, no, no, you're going to win again. You're going to win big. You're going to win bigger than ever!"

[Neverland @Neverland_Money]

Shout out to @psitesu for nailing it!

[Catalyst @catalyst_nvr]

@StErMi I gave up on that many years ago. If same owner, I always simply copy from iPhone and paste on Mac, and vice versa. This works like magic.

[Catalyst @catalyst_nvr]

@crexsol @zayn4pf @Neverland_Money @monad 🫡

[Catalyst @catalyst_nvr]

We shouldn't be blind to execution, promotion, operations. All of that matters too. Monad's team can totally make the chain fly or die with goat or trash decision making. I had "wow nice" moments and "wtf" moments. Nothing is black and white. My wow's are more than my wtf's and this is what matters for me.

[Catalyst @catalyst_nvr]

Yes, pre-mainnet people were all about @monad tech and innovation, impressive finality and parallelization combined with non-factor fees. Then mainnet drops and people are talking all day about price performance, protocol dramas, and anything else irrelevant to the core matters.

Familiar EVM environment means compatibility, so everybody can easily integrate battle-tested code on Monad, and at the same time we can enjoy incredible performance. I was mostly an ETH mainnet user, and I still remember the first time I've sent my first transaction on Monad. My frontend had more latency to read and report the transaction receipt than it took for the chain to validate and finalize it. Mind blowing things that day-to-day users are now taking for granted.

This is what matters, the rest will come with time.

[Catalyst @catalyst_nvr]

What Hyper said +

Super high speed and super low fees are making this possible on @monad. In any other case, operationally that wouldn't be feasible.

What on Monad is an operational automation of 15 minutes and maybe 1 buck a week to repay thousands of dollars of loans executed in hundreds or thousands of transactions, for many other chains it would be hours, and the operational cost would be high enough for Neverland not being able to viably sponsor all the gas for all these operations.

Today, a user enabling self-repay loan has their loan paid down using their weekly revenue, and when their loans are fully repaid, what's left behind is automatically deposited. If the user doesn't have any outstanding loans to start with, the amount is automatically deposited into the user's Neverland balance. If they open a position next week, the new revenue will instead repay their loan again, not touching anything from the deposited balances.

We'll soon introduce more automated targeted modes, like an explicit auto-deposit, and later on an auto-compound mode. I believe that clicky clicky is great, but a few things being automated significantly improve the user's experience and Monad is making that easy and cheap. We're working on more automation with safety first in mind.

[Catalyst @catalyst_nvr]

@zayn4pf @alice_nvr 😂

[Catalyst @catalyst_nvr]

@alice_nvr @buildanythingso Should I tell the world how you rugged me once?

[Catalyst @catalyst_nvr]

@hypermassiv @Neverland_Money @monad Lfg 🔥

[Neverland @Neverland_Money]

Neverland’s first RFC is live!

[RFC-01] Adopt a Balancer AutoRange Pool as Neverland’s Core USDC/DUST Liquidity Venue

➜ recommends migrating Neverland's incentivised USDC/DUST liquidity from the existing Uniswap V2 pool to a newly deployed @Balancer V3 AutoRange pool.

[Neverland @Neverland_Money]

Neverland Governance is live!

The first live token-holder governance system on Monad: veDUST holders can now vote directly on proposals shaping the protocol’s future.

✦ Forum: https://t.co/gl0cPCOkPU
✦ Vote: https://t.co/IRRNtBMxoP
✦ Details: https://t.co/WFick7t3sG

[Alice @alice_nvr]

https://t.co/0h6deRMKxi

[Catalyst @catalyst_nvr]

@Neverland_Money @KerverosSui @alice_nvr Careful now...

[Catalyst @catalyst_nvr]

@ChaosWalk3r I mean, Real is entering the final with half the hospital playing center, so yeah fair chances 😂

[Catalyst @catalyst_nvr]

@alice_nvr The question, whether with failed strategies, exploits, bad security practices, or unfairly incentivized behaviors, is if the space is learning from past mistakes and improving, or if history keeps repeating itself over and over again. We shall see.

[Catalyst @catalyst_nvr]

😂

[Nadette @nadette_nvr]

Hiii Lost Boys and Mermaids ~

I’m Nadette from @Neverland_Money! I like flowers, critters, and making blockchain things feel a little less scary.

I’m excited to make new friends here and sprinkle a little magic across your timeline.

Stay close, okay? ♡

[Catalyst @catalyst_nvr]

@Christo_Sal

[Catalyst @catalyst_nvr]

This is Nadette's report on Monad's eBTC admin key drain involving the Curvance WBTC/eBTC pool.

Findings here should be independently verified before being relied on. It runs without human intervention or confirmation, so treat it as such.

https://t.co/1cgnV1ANU1

[Catalyst @catalyst_nvr]

@felipedotdesign @aave @alexvanderzon @jordanborth @lochieaxon Good luck Felipe 🤘🏻

[Neverland @Neverland_Money]

WANTED: Governance Beta Testers

Neverland Governance is almost live, and we’re looking for veDUST holders to help test voting flows, mock proposals, discussions, and feedback systems before launch!

This will be the first live governance system on Monad, and you can help shape it from day one.

Interested in participating? Join our Discord: https://t.co/mS26Cmkgfk