1. What is Level Finance?
@Level__Finance is an omnichain, decentralized and non-custodial perpetual exchange, with a focus on providing clear risk management solutions for liquidity providers (LPs).
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LEVEL services the entire spectrum of market participants:
- Traders who are looking to directionally position themselves or delta hedge their portfolio
- LPs seeking to earn a passive yield on their assets
- Potential shareholders with the desire to steer the future direction and own the treasury backing it through governance
6. Level Finance’s roadmap
Ultimate Decentralization
- Community-controlled threshold signature schemes
- Auditable Multi-Party Computation verification protocols using a federation of community-controlled nodes
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Cross Chain
- Emissions of LVL for cross-chain ventures will be minimal and focused on attracting liquidity, with the primary goal of generating Real Yield for token holders
- @Level__Finance’s success to date has served to create a strong decentralized liquidity marketplace on BNB Chain. Moving forward, LEVEL will accelerate this success by pioneering a chain-agnostic solution.
- The goal is to become a multi-chain liquidity aggregator where fragmented liquidity across different ecosystems can be unified in a single pool, allowing users to trade, swap, and borrow seamlessly.
🎂 It's been an incredible 2 years since @ThetanutsFi's launch in Sep 2021!
Now, we're excited to kick off our upcoming v3 upgrade, with our v3 Incentivised Alpha launch next week.
But before that, a 🧵 on how we arrived at this first-to-market model.
1. What is Thetanuts Finance?
@ThetanutsFi is a decentralized on-chain options protocol focused on altcoin options, allowing users to go long or short on on-chain options on Ethereum, BNB Chain, Polygon, Avalanche, Cronos, Arbitrum, Filecoin, and Polygon ZkEVM.
The first iteration of Thetanuts Finance in September 2021 saw the launch of Basic Vaults — where the Basic Vaults sold out-of-money (“OTM”) European cash-settled options to accredited market makers, and generate yields for users in the form of option premiums.
With the v3 upgrade, Thetanuts Finance will pivot toward a decentralized on-chain options protocol focused on altcoin options.
Our first-to-market v3 architecture uses our existing Basic Vault LP Tokens to extend new use cases in on-chain options trading.
7. Sources of Yield
Users will have access to up to five sources of yield on @ThetanutsFi v3.
- Option Premiums from Basic Vaults
- Lending Interest from Lending Market
- Trading Fees from AMM
- Potential $NUTS Token Incentives
- Potential Additional Token Incentives
Eigen Layer is increasing its restaking cap, 6 new LSTs are coming. This initiative may bring $ETH ecosystem back to the race with other chains, so you better appreciate this opportunity.
Some @eigencloud stats:
- TVL: 112,000 ETH ($250M+ in ETH LST)
- Raised: $60M+
- Restaked wallet: 25,211
- Max increased LST cap: 500K
- Max increased individual LST cap: 200k
6 new LSTs: osETH @stakewise_io, swETH @swellnetworkio, oETH @OriginProtocol, EthX @staderlabs_eth, WBETH @Binance, AnkrETH @Ankr
Which project should you be exposed to? IMO @Swellnetworkio is a good choice:
- No token yet
- Raised ~$4M
- Point system, converting pearls to tokens will be revealed soon
- Additional pearls for restaking on EigenLayer
Stake your $ETH and get $swETH back then restake on Eigen Layer, doubled pearls you receive.
Keep it in mind that your ETH will be locked in next 6 months, ascertain that you are an ETH maxi!
Check LST cap and your wallet Eigen points here:
https://t.co/soQQGqaFVf
🎁Jupiter is increasing their airdrop allocation
Before, this wallet only received 200 $JUP, but now it has increased to 1,450 $JUP!
Check here: https://t.co/yTG62N2bUd
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$JUP is trading on the pre-launch token market at @aevoxyz.
https://t.co/MXrShcs1Ej
😍 The airdrop will be worth $899 if I sell it at $0.62
What is your $JUP price predictions?
1. What is Aevo Exchange?
🎯@aevoxyz is the world's first high-performance decentralized options exchange run on Ethereum, Arbitrum and Optimism.
The exchange runs on a custom EVM roll-up that rolls up to Ethereum. Aevo operates an off-chain orderbook with on-chain settlements. This means that once orders are matched, trades get executed and settled with smart contracts.
💰Aevo is backed by Paradigm, Dragonfly, Ethereal Ventures, Coinbase Ventures, Robot Ventures, Nascent, Scalar Capital, and Alliance.
10. Aevo’s Team
@aevoxyz's development team boasts two veteran crypto engineers:
- Julian Koh, a Cornell CS grad with stints at Coinbase and Numerai
- Ken Chan, a Sunway CS alum who has worked at Zilliqa and Coinbase.
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Their expertise, combined with the full force of the merged Ribbon Finance team, promises to propel Aevo forward.
🚀Tagging Aevo Degen for your great work!
@juliankoh@GabrielRav@0xMerp
@chudnovglavniy
@tzehingchan
@briancrypt1@kenchangh
@cjinghong
@obadje_@aevo_intern@0xcoffeebabe
1. What is Aevo Exchange?
🎯@aevoxyz is the world's first high-performance decentralized options exchange run on Ethereum, Arbitrum and Optimism.
The exchange runs on a custom EVM roll-up that rolls up to Ethereum. Aevo operates an off-chain orderbook with on-chain settlements. This means that once orders are matched, trades get executed and settled with smart contracts.
💰Aevo is backed by Paradigm, Dragonfly, Ethereal Ventures, Coinbase Ventures, Robot Ventures, Nascent, Scalar Capital, and Alliance.
9. Aevo Stats
👏Aevo hit a high of ~2k daily active traders last week, and a high of almost ~5k weekly active traders.
🚀According to DefiLlama, Aevo TVL has reached ATH at $28M. Derivatives volume inn 24h record at $54M ($1.4B in cumulative)
More details
https://t.co/8t9z0DrjGn