๐ NOLUS IS LIVE ON @solana
Asset-backed leverage with:
โ No margin calls
โ Fixed rates for the life of the position
โ Liquidations that trim instead of erase
So you can stay on Solana instead of moving to a CEX margin desk
Up to 5x on SOL โ https://t.co/BvEFYrV5Nk
Now that the dust is settling after the market wiped out nearly $20B, itโs worth examining how Nolus performed under one of the toughest stress tests in DeFi history
The results speak for themselves ๐งต๐
Show off your top position gainers and win some extra $USDC!
โ Post your PnL gains on Twitter โ as many times as you like before Aug 8
โ Submit your best entries here: https://t.co/KpgBdGQbCg
๐ Rewards:
โข 25 $USDC โ 10โ50% gain
โข 75 $USDC โ 51โ200% gain
โข 150 $USDC โ 201%+
Ready to flex those wins? ๐ช๐ฅ
LEVERAGE TRADING DATA IS SHOCKING. ๐จ
This thread unpacks academic research from MIT, UC Berkeley, and other key stats on leverage trading risks.
But how can someone who shows this data be the Community Lead of a leverage platform - @nolusprotocol?
1/ Let me explain ๐งต
Here are some stats from @NolusProtocol following $495,100,000 $BTC mass liquidations:
๐ 0 positions were liquidated on Nolus
๐ The average entry price for users stands at $84,917, with an average liquidation trigger at $51,388
๐ For entries with $BTC priced above $100,000, the average liquidation trigger is $67,167, even though they are at max leverage
๐ During the sharp $BTC drop, most exchanges briefly recorded a wick down to $90,000
However, Nolusโ EMA algorithm compensated for the price inefficiency, registering $94,000 as the lowest point, further protecting user positions from unnecessary liquidations
โIf you're not #bitcoin enough, you don't get invited back to speak.โ
โ @saylor introducing hisโsecond best set of slides: 21 Rules of Bitcoinโ at #BTCPrague
Here is Michael's full keynote video, link to YT in the reply below โฌ๏ธโฌ๏ธโฌ๏ธ
โIf you're not #bitcoin enough, you don't get invited back to speak.โ
โ @saylor introducing hisโsecond best set of slides: 21 Rules of Bitcoinโ at #BTCPrague
Here is Michael's full keynote video, link to YT in the reply below โฌ๏ธโฌ๏ธโฌ๏ธ
We're thrilled to announce the unveiling of the new https://t.co/A6p4WCece3 website, the first step in our roadmap towards a simplified, sleek, and intuitive DeFi experience.
Stay tuned for the next iteration in the line, Nolus Protocol v2