Alix

[Ovidiu Arion @OvidiuArion]

I’ve been blocked by the official #MultiversX corporate account. Technically, I’m an investor, since I hold #EGLD.

Being blocked limits my access to info that directly affects my investment. Corporate accounts should be used to inform investors about the latest updates.

🧵👇

[Våken @vaken_crypto]

1/ Being in crypto can be harsh...
Everyone wants to make lots of money but only few put in the work to get there...

Today I'll learn you how to make 💸💸 with @ash_perp and @ash_swap and plot twist...you don't have to be good at trading 😏

It's all about $apUSDC, so follow me along 👇🧵

[XOXNO Network @XoxnoNetwork]

Lend. Borrow. Leverage on chain.

Swap collateral instantly.
Repay debt in one move.
See every position with full transparency.
Unlock the lowest fees on MvX.

The first fully open-sourced DeFi protocol has landed on @MultiversX 🚀

[autoscale @autoscale_]

Dear community,

Like you, we learned last week about the sudden departure of our CEO. This decision, which does not reflect the will of the team, surprised us by its abruptness.
It is a difficult and unusual moment, but we want to assure you that the autoscale project continues with determination.

No project, regardless of its stage of progress, deserves to be abandoned so abruptly, if only out of respect for the energy invested by everyone and for the community that has supported us from the beginning.
That is why the remaining team is fully committed to moving autoscale forward, with the same vision and ambition.

autoscale is working, we wanted to reassure you that your funds are still available and secure, so you can continue enjoying our yields while making deposits just as easily as before.

- The first version of the dApp is back online, hosted in a stable and secure way.
- The front end is fully operational, and the main features are accessible.
- The development of V2 is underway: it will aim to provide optimized strategies on MultiversX and Sui, in order to deliver a simplified, high-performance, and accessible DeFi experience.

Our mission remains unchanged: to create a reliable, intuitive, and useful tool to democratize the use of DeFi for as many people as possible.

We will keep you regularly informed of the next steps.

Thank you all for your trust and support.

[autoscale @autoscale_]

Hey Scalers,
Yesterday I shared a post addressing a technical issue with MultiversX.
It was a simple and honest message, and it got a lot of attention.

What surprised me most was the incredible support we received.
Dozens of DMs. Offers to help. Devs willing to share infra, stacks, time.
Thank you. Truly. ❤️

Mihai from the MVX core team took the time to reply, respectfully.
And I replied back, when I saw the thread start drifting toward unnecessary criticism,
especially public drama I never wanted.

Here’s the link to Mihai’s message:
https://t.co/7PuZOWYo0t
My reply is just below. Here’s the core of it:
“Thanks for your message. And sorry if my post gave the impression that the outage was caused by MultiversX, that wasn’t my intention. […] I’m not a dev, but I felt it was important to raise the point.”

That’s it. A calm, transparent response.
From a CEO trying to keep his product alive.

But since then, I’ve received some sharp feedback.
Things like:
“You shouldn’t say ‘I’m not a dev’ from the official account.”
“That’s your company account, not your personal one.”
“Fix your internal problems before speaking publicly.”

So let me be clear.

autoscale is not a $17M Palo Alto startup.

We’re 4 people. No comms team. No marketing budget. No VCs.
We just turned down a grant from MVX because the legal terms were literally un-signable.
(We’ll publish a full article about that later today.)
Our infra is fragile. Liquidity is thin. Costs are high.

And we’ve been grinding like crazy on a cross-chain API, with our first strategy already running on SUI.
80% of the smart contracts are done.
In that context, waiting for “perfect timing” is a luxury we don’t have.

So yes, I spoke up.
With a personal tone. From the official account.
Because that’s what being a CEO actually means.
When you’re on the ground:

You take the hits. You show up. You don’t hide behind a “head of comms”.
I’m @lupaesano.
I speak like a human.
We’re not Nvidia.
And I don’t care about marketing playbooks.
We’ll market when we can.
Right now, we’re sitting on 20k TVL, and half of it is our own team’s money.

So please, don’t come at me like you’re Steve Jobs.

I’ve built more companies than some of these Twitter critics ever will.
They sound like politicians, trying to govern what they don’t live.
They want you to follow their ideas, their frameworks, or nothing at all…
Meanwhile, in real life?
They don’t even know the price of a damn baguette!

autoscale is built on proximity, honesty, and execution. That’s our strength.
I stand with my team. Until the end.

Thanks again to everyone who supported us this week.

The dApp is back online.
And we move forward.

[autoscale @autoscale_]

autoscale is live on mainnet ✨

Among the highest returns currently available in Web3 for $BTC. We’ve supercharged APYs for you by injecting 60,000 $HTM into our strategies, powered by @HatomProtocol (huge thanks for the support).
At autoscale, we boost your APY. No lock, no sacrifice.

. 3-clicks deposit
. Clean, intuitive UX
. Autocompound
. No staking requirements

Just pure yield.
📈This is a live MVP: we’re building with our early community. Hop in the Discord. Drop your feedback. You can wait… or you can earn. Not soon. Now!
https://t.co/3RD1AE8ug7

[autoscale @autoscale_]

Hey Scalers!
We’re proud to announce that the autoscale Devnet has reached its final version. The invaluable feedback from our #autochtones on discord guided us to deliver a satisfying version, and now it’s your turn to put it to the test: stress test the contracts, push them to their limits!
https://t.co/QyfxJlBeLb

The mainnet launch is just a few days away. Like in the markets, patience is rewarded, and we’re thrilled to have you with us on this journey. This product is an MVP, but our team is already working hard on the V2 and the launch of the $ATS token, designed to offer Web2 users a truly simplified onboarding experience. Meanwhile, here’s a little teaser of what’s coming

📷 Scaler'3 comes to life…

[Helios Staking 🔥 @HeliosStaking]

1/ The Andromeda upgrade is set to revolutionise @MultiversX by laying the groundwork for Supernova - which will ultimately position MVX as one of the most scalable + secure blockchains in the world.

🧵 Let's take a look at the key upgrades: 👇

[autoscale @autoscale_]

Big progress at Autoscale 🚀! Contracts are ready (audited, thanks @arda_org ), the infrastructure is rock-solid, and thanks to your #autochtone feedback on Discord, we're polishing the final details! Who’s tested the devnet here? Here’s the link : https://t.co/m2m3QKiBPW
Share your feedback, ideas, and expectations, it’s the final stretch… mainnet is in the air! 🔥

[Nick Bax @bax1337]

Having audio issues on your Zoom call? That's not a VC, it's North Korean hackers.

Fortunately, this founder realized what was going on.

The call starts with a few "VCs" on the call. They send messages in the chat saying they can't hear your audio, or suggesting there's an issue where you can't hear them, and play a stock video of a bored VC.

If the target had for it, the next step would've been that they're directed to a new Zoom room. It's a fake link and instructs the target to install a patch to fix their audio/video.

They exploit human psychology -- you think you're meeting with important VCs and rush to fix the audio, causing you to be less careful than you usually are. Once you install the patch, you're rekt.

This threat group has stolen $10s of millions of dollars and others are copying their tactics.

Now you know, so you won't fall for this. If anybody ever tells you to switch conference rooms, create your own secure Google meet room and direct them there, instead of using whatever they suggest.

If you did start installing whatever they told you to, disconnect your computer from the internet, turn it off, immediately contact @_SEAL_Org and we'll help you out.

Note: The founder's voice has been replaced in this video, but the rest is 100% authentic.

[ClassicMain @ClassicMain]

(Repost to fix issues and layout)

1) While the MultiversX Foundation has multiple millions of EGLD, urging them (and many in your comments) to do this is dangerous. Imagine them losing a million+ EGLD for getting liquidated. These are the Foundations' reserves and are valuable and extremely important to keeping the company afloat, developers paid, infrastructure running and the protocol being worked on.

2) Supplying such a large amount adds gigantic risk to USH.

Other networks with other comparable stablecoins usually do not exceed 2-3% of the coin's marketcap minted in overcollateralized stablecoins. If we'd apply that to MultiversX, it would mean at current marketcap, USH shouldn't exceed ~15mil $ in marketcap or it can get risky. Especially since EGLD is a much smaller asset and has little volume. Drastic market downturns could become risky for liquidations due to lack of volume and buy orders.

Of course the 2-3% figure is not a written rule but rather something one can observe when comparing other overcollateralized stablecoins to the marketcap of their backing assets.

3) If they would do that, USH would quickly reach a point where minting more of it would become risky

4) If they would do that, since it would reach a point where it would become more risky - minting more USH for normal individuals also becomes more risky but also - perhaps Hatom would even have to pause minting and USH would be, in terms of the supply distribution, very centralized

5) What should the Foundation do with the USH?

If they'd just hold them, absolutely no value gets added to the ecosystem besides a few more fees are generated for Hatom. And we cannot excpect the Foundation to use the USH for liquidity provision as they need reliable access to the funds and liquidity provision carries additional risk. And if they'd supply it to USDC/USH or other stable pools, they'd first have to bring more stables over to MultiversX to not suffer gigantic losses due to lack of liquidity when swapping and adding liquidity.

Meaning they'd have to sell a lot of EGLD (sell pressure), to get USDT and then bridge them over.
My point here being: the community should do all of this, not the foundation.

6) It's bad timing right now because if they'd mint USH against EGLD, they'd only get 18$ per EGLD. But even that, they do not get, because they cannot use 100% of their EGLD to mint USH 1:1. Yet all of their EGLD is locked.

7) "Buying back" / buy pressure is minimized the less USH they can mint against EGLD. So if they'd mint now compared to at 50$, it's way less efficient

8) Using USH to buy back EGLD will not lead to (a lot) buy pressure to EGLD.

USH is, so far, a closed system.
Meaning:

You can trade EGLD against USH, and USH against wrapped versions of USDC/T but the liquidity for USH is not large and the other stablecoins on MultiversX are very small in marketcap as well. I am not saying buying EGLD with USH has no impact at all, but it's impact is definitely MUCH less compared to buying EGLD with a large stable listed on all CEXes.

Right now, swapping from USH to EGLD is (a bit!) like swapping from ... a random ESDT to EGLD.

Sure it does lead to some buy pressure. But the buy pressure is limited by the liquidity and volume this "random ESDT" has with other stablecoins on MultiversX, and that again is limited by the marketcap and volume of those stablecoins on MultiversX and the people's willingness to bridge it and arbitrage price differences. It's extremely extremely inefficient and would likely have very low impact and poor efficiency (if even).

9) Probably even the most important part: Doing this exposes you to massive Liquidation risks.

Something as important as the foundation's reserves shouldn't be leveraged for inefficient buybacks.

A mid sized market downturn is enough and their entire holdings are liquidated.

And then we'd have a foundation without ANY reserves.

Good job, backfired nicely
The other part of the coin is also negative: everyone can see, and everyone knows your liquidation point

In crypto, whales will liquidate you, always, if they know your Liquidation threshold

Actually this exact thing has happened already a few times in crypto. (Kujira Foundation as a recent example)

The foundations entire reserves leveraged and then lost

So... Anyone being in favor of something as risky as this (and as inefficient and poorly thought through) has absolutely no understanding of DeFi.

[Alix @LETSeGOld]

@DBCrypt0 @AndreiMX_ @HatomProtocol Nice vid thanks, i still can't understand why the arbitrage rate fluctuates. Do you know ?

[Alix @LETSeGOld]

@AndreiMX_ Very nice, but i don't understand until when this strategy will be profitable. Is the arbitrage rate going to change ?

[Andrei Marinica @andreimmarinica]

Just had an important breakthrough on Sunday, managed to run the first compiled smart contract on the #MultiversX SpaceCraft SDK + Rust VM stack 🔥

https://t.co/TeJJSryWRz

[Foudres @xFoudres]

Good things to know on @ash_swap :

To be sure of building a healthy liquidity, we opted for a low Amplification factor of the Stablepool, 25 instead of 256 on most LPs.

When depositing liquidity, you have the choice of using a balanced deposit, which will deposit liquidity according to the current balance of the pool, but you can also choose an unbalanced deposit to choose exactly the amount for each token by unchecking the toogle highlighted in green.

If you choose an unbalanced deposit, you can take advantage of the soft peg opportunity as redemptions will soon be activated and add liquidity at the same time by depositing, for example, more USDC than USH, or even only USDC if you wish 🫡

[CodeMultiversX @CodeMultiversX]

Adding a cross-chain bridge to your dApp just got easier.

The @MultiversX Liquidity SDK dApp is now open source, giving you:

- API integration with liquidity-sdk (API-powered liquidity bridging via liquidity-sdk)
- Multi-wallet support (Metamask, TrustWallet, Phantom & more)
- Ready-to-use UI components for instant integration (Pre-built UI components for an effortless bridge form)

A plug-and-play toolkit for bridging assets across MultiversX, Ethereum, and BNB Chain.

Check out the repo 👇

https://t.co/zMV1Gsbt5d

[Lauren Tyler @laurentyler07]

𝗪𝗵𝗮𝘁 𝗶𝘀 𝗛𝗧𝗠 & 𝘄𝗵𝘆 𝘀𝗵𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝗰𝗮𝗿𝗲?

Most DeFi tokens are hype-driven, inflationary & at last worthless.

$HTM is different.
It captures real revenue.
It benefits from protocol growth.
It plays a key role in boosting DeFi yields.

This🧵will prove that👇

[Andrei @Andrei_xbt]

What to Do with USH After Minting❔

I've compiled a set of strategies that I believe will be quite profitable if you're minting USH.

Of course, I'll also outline the associated risks with each strategy.

✅ Benefits
❗ Risks

Let's dive in ↓

[autoscale @autoscale_]

Big milestone for Autoscale!

We’ve just launched our Devnet 🎉! For now, it’s only accessible to our amazing community of beta testers 🛠️, but don’t worry, a public release is coming very soon.

Stay tuned, the future of #DeFi is scaling up! 💙

[Robert Sasu | dev/acc @SasuRobert]

StakingV4 is a complex staking + delegation + node selection + rating + shuffling + soft auction model to increase efficiency, decentralisation and security pf #MultiversX ecosystem. Opens up a permissionless free market for validators.

It is live!