What does this seemingly complex diagram below mean for the future of $ATOM and @cosmos?
I spent some time reading the newly released whitepaper regarding @hxrts "A new vision for The Cosmos Hub" and broke it into a couple different threads ๐
Excited to share this proposal with both the Balanced and ICON communities. I'm confident this is the best path forward for both projects.
I strongly recommend reading both proposals, but here's a TLDR of my thoughts ๐งต
So you've staked your $ARCH for $sARCH on Liquid Finance. What's next?
While you can simply hold the $sARCH token and benefit from auto-compounded staking rewards + access to instant liquidity on your staked position, why not get more out of your assets?
A couple ideas๐
This past weekend, our core contributors decided that now is the best time to make adjustments to prepare us for our next phase of growth
We've adjusted the % of $ARCH contract rewards we redistribute to Queue LPs to 50%
This prepares us for upcoming external opportunities๐๐
Only roughly 3.5M $ARCH tokens are being staked through liquid staking protocols on @archwayHQ currently...
This is less than 1% of the total bonded $ARCH tokens on the network!
What are some advantages of liquid staking via Liquid Finance that can help improve these numbers?๐
Are you making the most of your $ARCH? ๐ค
Currently only 37.6% of ARCH tokens are bonded to the @archwayHQ Network
An even smaller % of those bonded tokens are done through liquid staking platforms, meaning most of these tokens are currently illiquid
Why should this change? ๐
We've officially reached our first protocol milestone! ๐ฅณ
There's now 250,000+ $ARCH staked through the Liquid Finance platform
This is just the beginning as we aim to continue building $sARCH utility, support other protocols and ultimately help the @archwayHQ ecosystem grow ๐ค
Liquidity Providers in our Instant Unstaking Queue are currently projected to earn 135.33% APY on their $ARCH ๐
Where does this yield come from, and is it sustainable? ๐
๐ Exciting news!
$sARCH is officially the first @archwayHQ ecosystem token to be supported by @mintscanio!
Thank you to the Mintscan team for working with us to make this happen ๐ค
๐ง + ๐ฅฉ = ๐
Liquid Staking has made its way into the Archway ecosystem ๐
Let's uncover the native Liquid Staking Protocol to the Archway ecosystem: @liquid_finance!
๐งต ๐
Liquid Finance has been here with @archwayHQ since the very beginning.
This is from over one year ago when we participated in the Torii Incentivized Testnet!
https://t.co/LLJqaDUZyO looks a bit different now doesn't it?๐ง๐๐ ๐ก
Liquid Finance is now live on @archwayHQ mainnet!
Deposit your $ARCH to receive $sARCH and start earning rewards immediately. ๐ ๐ง
https://t.co/LLJqaDUZyO
Great talk from @ArchX_Wallet and team about how their mobile-first wallet could be a game changer for the @archwayHQ ecosystem ๐๐ผ
If you missed it, be sure to give it a listen at some point!
https://t.co/7yIQumLvZG
For those who have been testing Liquid Finance the past few weeks, we've added the ability to see how much $ARCH liquidity is available for the "Instant Unstaking" feature!
1/ (Re)Introducing Liquid Finance!
Liquid Finance is a liquid staking protocol deployed natively on @archwayHQ
Our goal's to unlock liquidity within the Archway ecosystem, reducing the opportunity cost for users when deciding between securing the network & participating in DeFi
"The new standard operating model for successful decentralized applications could be to leverage an L1 as an initial launchpad: build, scale, and then migrate to a (@cosmos) custom appchain." - @twobitidiot
Sounds like the thesis from a chain I know... @archwayHQ ๐