Darox

The seeker of better solutions

[Darox @DaroxOnDen]

@DylworksXRP_FLR @coingecko @tradingview Currently, the only place where you can check the price of $SFIN and swap it is #Enosys dex. That's where most of the liquidity is.

[Darox @DaroxOnDen]

@_DigitalDynamix OK, I see that. I was pressing "mint" earlier. Thank you!

[Darox @DaroxOnDen]

@BrukerikkenavnJ @Firelightfi @SparkDexAI @HugoPhilion @widahl123 Perhaps Norway has the same regulations as the EU.

[Darox @DaroxOnDen]

@BrukerikkenavnJ @Firelightfi @SparkDexAI @HugoPhilion @widahl123 I love Norway but it is more EU than the EU itself.

[Hugo Philion @HugoPhilion]

Exciting!!

[Darox @DaroxOnDen]

@BrukerikkenavnJ @Firelightfi @SparkDexAI @HugoPhilion @widahl123 Did you use Firelightfi from Europe?

[Darox @DaroxOnDen]

@thecryptobasic @TheGrungieNFTs Stable at low price -> Stable at high price.

[Darox @DaroxOnDen]

@KashibBrz @DylworksXRP_FLR @HugoPhilion @Thana_Enosys @0xbannik You have no idea how LP works.

[Darox @DaroxOnDen]

@DylworksXRP_FLR @KashibBrz @HugoPhilion Token which cost $81 is not dead. You can trade it on DEX Enosys.

[Darox @DaroxOnDen]

@KashibBrz @DylworksXRP_FLR @HugoPhilion @Thana_Enosys @0xbannik How @Thana_Enosys scam you? Can you explain it? No one cheat you.

[Darox @DaroxOnDen]

@sporexyz Good news👍

[Darox @DaroxOnDen]

@fcatflare @buuvva_ @thedefimontana Is a minimum of 1M FCAT required to receive rewards?

[Darox @DaroxOnDen]

@Thana_Enosys 💯

[Hugo Philion @HugoPhilion]

I really want to enable users to borrow RLUSD against their XRP directly from the XRP ledger (using Flare smart accounts) AND receive their borrowed RLUSD ON the XRP ledger.

In order for that to happen I need the Wormhole RLUSD bridge to be up. For that to happen I need XRP validators to approve:

https://t.co/vC89UjWItR

[Darren "Thanasimos" Williams @Thana_Enosys]

It's been 10 months since @enosys_global launched Governance and the APY Cloud on @FlareNetworks.

In that time, Governance Stakers have received over $250,000 in Real Yield generated from the Enosys product suite.

That's an average APY of ~15% in real yield, paid directly back to HLN and APS Stakers who support the ecosystem by voting on governance proposals.

Personally, I think an average real yield rate of 15% is pretty incredible in this market and helps prove sustainability of the 5-35% bounded goal range in the APY Cloud.

27.1% of that was in flare-networks:native, 21% in $FXRP, 19.8% in $USDT0, and 9.6% in $CDP with the rest from the other various assets paid as fees.

[https://t.co/SslghFX8wV]

Due to its success as the highest fee producing product on Flare, Enosys DEX V3 produces ~90% of the fees for the APY Cloud. DEX V3 has supported nearly 5M total swaps for over $1.2 Billion in volume, producing over $3.1 Million in Fees in total.

That high fee rate comes from the high capital efficiency of our Liquidity Providers who do an incredible job of keeping the Network highly liquid at the mark, despite lower TVL.

They are well rewarded for their efforts though, with the current Average and Median 7d APRs on DEX V3 LPs sitting at 99.05% and 107.85% respectively. These yields are mostly from actual swap fees, bolstered by APS and rFLR incentives to help retain liquidity during low volume periods while also de-risking higher liquidity concentration.

[https://t.co/Bwxs73H6J7]

Enosys Loans, our friendly fork of @LiquityProtocol's Liquity V2, has still been chugging along. While currently down from peak usage (obviously, since holding collateralized debt positions through a bear market is a risky proposition), Loans has still produced over $500k in fee revenue.

[https://t.co/Xa43M2LFpD]

There are currently 7 weekly APS distributions remaining on the license agreement to BOLD users, at which point our weekly APS outlays will be reduced by ~35%.

Anyway, just wanted to put some numbers out there because we have obviously been in a slow period for quite a few months now, but the Enosys ecosystem remains resilient and productive.

Also, with @HugoPhilion nudging Flare users to take a look around at what's out there on the network, seemed like a good time to remind everyone that the APY Cloud exists and produces a reasonable, reliable, and sustainable Real Yield for HLN and APS stakers.

You can even try it out basically for free, by earning APS providing liquidity on DEX V3 or Stability on Loans 🤷‍♂️

https://t.co/Nxh2MCdpq4

[Darox @DaroxOnDen]

@Thana_Enosys @enosys_global @FlareNetworks Let's add to that the fact that Songbird uses the same system, which also has two governance tokens.

[Darox @DaroxOnDen]

@HugoPhilion Why is the rest of the world waiting for the U.S.? Can't Asia start mass adoption without the U.S.?

[Darox @DaroxOnDen]

@GregKable @BILD @VWGroup No German worker earns that much at any factory.