The @gosodax Solver just keeps growing.
Just passed all 3491 possible combinations of token pairs (swaps).
636 more than in June, intents are growing lightning fast!
Arbitrage is an infinite war! 💥
Seriously, it never stops. Constant optimization is needed.
We are building @gosodax Solver to win by quickly adapting and continuously offering the best paths. I'm bullish on our incredible team behind the scenes 🔥
Our DeFi frontend isn’t live on Sonic 𝘆𝗲𝘁, but we already ♥️ the tech.
SODAX is making the most of Sonic's sub-second finality in the backend.
With @SonicLabs at the centre of our hub-and-spoke model, we know we will be routing with spoke chains as fast as possible.
One thing I'm excited about with our migration is @SonicLabs ~200ms finality, which means liquidity settles instantly and securely. For developers, this enables unmatched performance.
Transactions execute reliably without costly reversions or lengthy confirmations.
Everyone can arbitrage with intent-based execution 👨💻
Our Solvers always find the optimal route for your trade, passing the benefits of any arbitrage in the system directly to you.
Any more W's on @BalancedDeFi? 🥤
Someone just used our intent system to swap 0.5 ETH on Arbitrum for bnUSD on ICON.
📉 Market price said: $1321
📈 They got: $1375
How?
Our solver picked up the intent, spotted an arbitrage between ICON and @BuildOnStellar via @SoroswapFinance and @BalancedDeFi, and routed the swap:
🔁 Arbitrum → Stellar → ICON
⚡ In 10 seconds. +4.09% instant profit.
This is what solver infra is made for:
🧠 Better prices, cross-chain, without the mess.
APRIL UPDATE is here! (Fashionably late this time due to the important SODAX announcement 🙏)
For years, the ICON Foundation has published monthly updates to keep our community informed about the ICON Project and we’re excited to continue this for SODAX. Transparency has always been our top priority, ensuring ICON not only meets but exceeds industry standards.
Everything is publicly accessible:
+ Open-source code (GitHub & Docs)
+ Governance (Forum & Tracker)
+ Public treasury (Tracker & NOL)
+ Public grants (Contribution Proposal System)
+ Network metrics (Tracker)
+ Active communication (X, Discord, Blog)
+ and more
You can expect SODAX to uphold these same high standards.
From day one, the ICON Foundation has been dedicated to building open ecosystems. With @gosodax now live on @SonicLabs, we’re taking that vision even further.
This is just the beginning of our next chapter 👇
We're bringing the Unified Liquidity Layer to @SonicLabs 🥤
The smoothest taste yet for your DeFi journey
Crack the can on how we harness value for the DeFi space 👇
Balanced is now live on @solana.
You can use it to swap and transfer crypto between 10 other blockchains, and deposit SOL and JitoSOL as collateral to borrow a cross-chain stablecoin.
https://t.co/Bb54UJduWn
Today, we bring @StellarOrg into the #poweredbyicx family 🫂
Embrace native swaps, and unlock the value of your $XLM with a $bnUSD loan.
Introducing DeFi through @BalancedDAO with connections to 9 chains across EVM, Move, CosmWasm, and more
$ETH $INJ $AVAX $BNB $XLM $ICX $SUI #Base #Arbitrum $ARCH $HVH
https://t.co/apIVFipYcd
Balanced is now live on @StellarOrg.
You can use it to swap and transfer crypto between 9 other blockchains, and deposit XLM as collateral to borrow a cross-chain stablecoin.
https://t.co/5LiqyDdZZ1
Looking for a cross-chain DeFi app on @avax? 🔺
Try Balanced.
You can use it to swap and transfer crypto between a diverse range of blockchains, and leverage AVAX to borrow a cross-chain stablecoin.
And you can now find it on @coreapp: https://t.co/WtCzypTfBP
Use Balanced for your crypto needs within the EVM ecosystem, and beyond.
It’s connected to Arbitrum, Archway, Avalanche, Base, BNB Chain, Havah, ICON, Injective, and Sui, with another 5 connections planned for 2024.
To learn more, visit https://t.co/oaO7BF1SWm.
Plenty of app chains doing well. Most companies start and thrive on a single product. Fat protocol theory is dead. Narratives only last until ppl switch to new narratives like parasites switching hosts. Business model is the only true path to sustainability. Our model is pointing up.
Come and use Balanced or Hana or ICON GMP if you like them. Provide useful feedback for improvements to our team. Move along if you don’t. You can b*tch and moan about token price w other band wagoners chasing narratives somewhere else.
ICON today is in much better position vs 2+ yrs ago. We have better team and partners that care. We have a bigger war-chest than most projects out there due to disciplined management of our treasury and not wasting away resources on pointless marketing w/o tangible goals trying to appease band wagoners. We have flushed out toxic community (yes, I admit many who left were genuine and we miss them) and we’re rebuilding our community w real users who genuine care about our products.
It only takes one winning season for a sports team to sellout a stadium. Yeah, we may have had a few bad seasons but losing mentality does not exist at ICON. This is why I’m still here after 7+ yrs. The captain goes down with the ship.