🚀 * Introducing art fun and $ART! * 🎨
💎 @art_dotfun is built for trading high quality art on @zora, the most creator friendly content coin launchpad
🔥 $zora and $art are bought and burned whenever a coin created on art fun is traded anywhere 🔥
🎭 All coins created on art fun are paired with $zora, this includes $art!
�� $art is currently being airdropped to the first 50k users to claim on @art_dotfun
(If you were eligible to claim any $zora, you can claim $art)
RT & drop your ens or address to have some extra $art sent to you
🔥 #Bybit x APRS: 5,000,000 $APRS Up for Grabs!
To do:
1. Follow @Bybit_Official and @ApeironNFT
2. Quote retweet the main post with your team setup after reaching Gold IV rank.
3. Complete Lv.1 KYC on Bybit.
4. Deposit 100 USDT and trade APRS, or deposit at least $100 worth of APRS before the event ends.
5. Answer the questions within the announcement
🌐 Learn more: https://t.co/RIUKqFOpxf
#TheCryptoArk #BybitTrading
🔥 #Bybit x APRS: 5,000,000 $APRS Up for Grabs!
To do:
1. Follow @Bybit_Official and @ApeironNFT
2. Quote retweet the main post with your team setup after reaching Gold IV rank.
3. Complete Lv.1 KYC on Bybit.
4. Deposit 100 USDT and trade APRS, or deposit at least $100 worth of APRS before the event ends.
5. Answer the questions within the announcement
🌐 Learn more: https://t.co/RIUKqFOpxf
#TheCryptoArk #BybitTrading
It's been 3 weeks since the Blast Testnet launched and over 4.5M transactions were executed on-chain.
We are proud that MonoSwap has processed over 250,000 transactions from over 18,000 users, representing approximately 5.5% of total transactions in the entire ecosystem with more than 200 dApps in development.
And it's just the beginning 💛
With a significant investment evaluated at 1 billion US dollars, Prestolabs leads a strategic funding round for https://t.co/a6awen8oSh. https://t.co/O9Xq7I9R0B
With a significant investment evaluated at 1 billion US dollars, Prestolabs leads a strategic funding round for https://t.co/a6awen8oSh. https://t.co/O9Xq7I9R0B
Calling all crypto enthusiasts!⛏
Supporting the blockchain evolution by signing up #GaGaNode to mine and earn 🌐
Starting today, use my referral link 🚀: https://t.co/oLPw6Qh8WV
Calling all crypto enthusiasts!⛏
Supporting the blockchain evolution by signing up #GaGaNode to mine and earn 🌐
Starting today, use my referral link 🚀: https://t.co/vu5jC4TN5P
🚨 Airdrop: Webmi (WEBMI)
🔥 Reward: 60 WEBMI (~$2.4)
📋 News: AMA with Manta Network
🏆 Winners: 5000 Random & Top 200
📅 End Date: 14th January 2024
🚀 Distribution: 20th January 2024
ℹ️ Airdrop Link: https://t.co/ElgnsPDKbH
🚨 Webmi Airdrop is live!
🔥 Reward: 60 WEBMI ($2.4)
🏆 Winners: 5000 Random & Top 200
🔹 5000 random winners will get 60 WEBMI ($2.4) each
🔹 Top 200 referrals will get a share from 200,000 WEBMI ($8,000)
ℹ Airdrop Link: https://t.co/fajtGcza0J
#Airdrop#Giveaway
First of all, oracle-based perp DEXes/lending are always a subject to market manipulations.
They need to use a number of risk parameters set by the DAO or risk management service providers to reduce the risks but most of the time "we live, we learn".
@dYdX decided to increase the initial margin for long-tail assets which is not the most optimal solution. There are a few other ways to mitigate similar issues to $YFI used by other perp DEXes.
The most obvious one is the Max OI per trading pair. This would have prevented the attacker from building a big short position on an illiquid coin.
Perps like @GMX_IO v2 @synthetix@perenniallabs@Aark_Digital and others are trying to keep LPs DN by incentivizing (funding fee, positive slippage, etc) the same long and short exposure for every token. This way LPs have exposure only to the imbalance between long and short OIs.
@gains_trade has the maximum profit on a trade set to 900% PnL. I would say it is less efficient but combined with Max OI it also protects the LPs.
To avoid insolvency risks and forced liquidations, @chromatic_perp decided to integrate predetermined TP/SL. It allows the protocol to remove an insurance fund and thereby save costs.
Trades on @symm_io are always matched against each other so there is no risk of the protocol going bankrupt. Risk parameters are set by each market maker individually.
Exchanges like @GearboxProtocol and @Contango_xyz are not exactly perp trading DEXes but margin trading. This means that there is no risk of insolvency since traders are using spot DEX liquidity. They can only open as big a position as there is on-chain liquidity available.
The above examples are not LOB perp DEXes so they have more flexibility in managing the risks but simple Max OI could have saved dYdX millions.
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$arb & $arkm airdropped free monies worth $2k - $50k to a lot of people
what do these drops have in common?
they all rewarded active community members!
there's an incoming drop with the same incentive - are you gonna miss $chrma ?
maybe start by following @chromatic_perp
🚀 #MYX Phase 2 Testnet Live! 🌐
Exciting news! The second round of the MYX testnet is now up and running. For all the details on what's new and improved, check out our latest post on Medium. 🛠️
Dive into the future of #DDEX with MYX. Read, explore, and be part of our growing community!
📖 Read more here:
https://t.co/YzBDb5IxBM