fifo2012

$GFI Maxi #Defi #Sonic #wagmi

[fifo2012 @fifo20122]

@EmperorBTC I would love to join this group

[fifo2012 @fifo20122]

@BullyDCrypto Okay, here’s one @Gravity_Finance they’re now on sonic and are Sonic Boom Emerald winners so there’s yield to farm. They automate defi strategies through Gravity Finance Silos and have loads in the works as well. They’ve been grinding since 2021 and are crazily undervalued.

[fifo2012 @fifo20122]

@Gravity_Finance @ShadowOnSonic @SiloFinance Let’s go 🔥🔥🔥

[fifo2012 @fifo20122]

Let’s go! 💥💥💥

[Gravity Finance @Gravity_Finance]

TVL creeping up in our Gravity Finance Silos over the last week or two.

New strategies coming soon, we're currently looking at @ShadowOnSonic for new strats and then we'll likely make a variation on the existing @SiloFinance strats to use Shadow to give users more optionality.

[fifo2012 @fifo20122]

@Gravity_Finance Legends 🙌💐💥🔥

[Gravity Finance @Gravity_Finance]

Thats some great numbers to see!

[fifo2012 @fifo20122]

@Gravity_Finance Bravo!

[fifo2012 @fifo20122]

Set and forget, absolutely genius 💥🔥👏🙌

[Gravity Finance @Gravity_Finance]

Another "Active Risk Management" (ARM) function kicked in overnight on the Gravity Silos Borrow to Farm Strategy (scUSD/USDC version).

We've spoken a lot recently about protecting user funds with automatic rebalancing of loan positions to avoid liquidations, but there are other situations that we have accounted for too, such as stable coin pegs, liquidity pool depth etc.

At 12:21am UTC, the liquidity pool (scUSD/USDC) that is utilised in this strategy had some very large swaps from scUSD to USDC, meaning the Liquidity Pool became unbalanced with a lot of scUSD and not a lot of USDC.

This triggered one of our "Strategy Validation checks" since the liquidity depth of one of the tokens did not meet our requirements for being considered valid. As such, the strategy triggered an "exit event", effectively removing users scUSD/USDC liquidity from the pool, swapping the scUSD to USDC (using our own router, not the liquidity pool in question), and paying back all of the user debt at Silo Finance and removed the wS Collateral from Silo Finance to the Gravity Silo Reserve assets balance, protecting users collateral and waiting for the strategy to become valid again.

[fifo2012 @fifo20122]

Set and forget, complete genius 💥🔥

[Gravity Finance @Gravity_Finance]

We know posts like this are not as sexy as showing off high yielding APRs on degen LP's and memecoins, but we're building for the future here, real use case for those looking to earn stable APRs in safe strategies, with automated protection "just in case".

We will be adding more strategies over the coming weeks and months, and look forward to also having some of those degen strategies too, but with the added benefit of automation and protection built in even for those!

[fifo2012 @fifo20122]

@A_Droppenheimer @0xawesomedata @SonicLabs @Gravity_Finance Also💰💵💲

[Air Droppenheimer @A_Droppenheimer]

If you're on @SonicLabs Sonic Chain $S and you have not checked out Silo Strategies by @Gravity_Finance $GFI Check my pinned. They offer strategies that will incorporate Active Risk Management (ARM) to avoid liquidation while GAINING yield and Qualifying for multiple Air Drops.💸

[fifo2012 @fifo20122]

@Gravity_Finance @SonicLabs Let’s go!!!🔥💥🚀🪐

[Gravity Finance @Gravity_Finance]

Gravity Finance Silos V2 is officially Live on @SonicLabs

https://t.co/vKt5pYX6TW

[fifo2012 @fifo20122]

It’s almost here! 😱🙌🫶💥

[Gravity Finance @Gravity_Finance]

We are hosting a Twitter Space on Thursday 27th March at 9:30 am UTC to coincide with Gravity Finance Silos v2 launch exclusively on @SonicLabs

https://t.co/QQQJ9ezmvt

Come and join in, have a chat, ask questions.

[fifo2012 @fifo20122]

@IanSDaily @Gravity_Finance True story bro…what he said 📣💥

[fifo2012 @fifo20122]

@Gravity_Finance @SonicLabs It’s going to be a movie 😎 🍿 can’t wait 💥 let’s get it boys💪

[fifo2012 @fifo20122]

Can’t wait, it’s almost here!!!💥🪐3, 2, 1…

[Gravity Finance @Gravity_Finance]

Gravity Finance Silos is getting closer to the public release exclusively on @SonicLabs
Internal testing is going well, loans are rebalancing exactly as expected, team testing with tight LTV spread to ensure lots of rebalancing is required, successfully avoiding liquidation multiple times and optimising yield when S token value bounced back up.

Just some final UI refinements needed this week and we should be ready to release.

[fifo2012 @fifo20122]

💥💥💥

[Gravity Finance @Gravity_Finance]

Gravity Finance ground breaking dAPP Silos v2 is coming soon.

Our staging server is active with contracts deployed on Sonic (currently undergoing internal testing).

Our devs are working hard on building our first strategies, watch this space!

[fifo2012 @fifo20122]

@Gravity_Finance @gelatonetwork Let’s go!💥💥💥

[fifo2012 @fifo20122]

@Gravity_Finance @SonicLabs @Equalizer0x *slow clap* 👌🔥🪭