mimi ⏳

only active on @archipelabro

[Timeswap ⏳ @TimeswapLabs]

1/ G∞M Time Travelers 🧑‍🚀

We have hit $100M+ in volume! 🥳

So, we took a look at what made this journey possible...

...and what comes next 👀

[Minterest @Minterest]

As the only lending protocol that captures 100% of fees, Minterest is the place to earn the most on your crypto assets.

👉 Stake $MINTY to earn your share of protocol fees.

Here's how it all works 🧵🍃

[Minterest @Minterest]

📢 I hope you're MINTally prepared!

It's official! We are elated to announce that Minterest is deploying on @0xMantle!

✅ Lowest fees
✅ Rapid transactions
✅ Unprecedented yields

Lend and earn both $MNT & $MINTY rewards! 🍃

Now that's a $MINTY match made for DeFi lending 🥳

[Mantle @Mantle_Official]

🌕🚀 NOW LIVE: MANTLE MOONSHOT

https://t.co/lRR7NqaFR9

In this mega event, complete tasks for a shot at:

🖼️ 19K Citizens of Mantle NFT Add-On Traits
🪙 Rewards from @KTX_finance @Agnidex @OfficialApeXdex @lendlexyz @FusionX_Finance @MantleInuCoin @izumi_Finance @Minterest

[Stryke ⚡ @stryke_xyz]

Dopex is proud to present the CLAMM MVP 👑

🚀Launching with $ARB / $USDC, LPs can deposit liquidity into ticks to collect premiums, while earning @Uniswap V3 trading fees.

Option Buyers can now close ITM positions at any time. Splendid!

👉Give it a spin:https://t.co/RwNgawRICF

Disclaimer
As this is just the public testing phase, please only use funds you are willing to lose. The product will be iterated on based on your valuable feedback.

💁‍♂️What is the CLAMM?

CLAMM is the first half of the Dopex v2 upgrade which aims to tap into a broader market of liquidity, simplify the LP process, and give more flexibility to our option buyers. CLAMM uses v3 AMM positions such as Uniswap or @CamelotDEX to achieve this, helping LPs earn additional premiums on top of their meager 0.05% fees from trading volume.

👉You can learn more about CLAMM on our latest blog post:https://t.co/mphrXivpKd

🤷‍♂️How does CLAMM work?

For option writers:
🔸Deposit the base asset for calls or the quote asset for puts.
🔸Select a strike price.
🔸Once deposited, liquidity will be allocated to the CLAMM tick corresponding to their chosen strike price.

If the position is taken by option buyers, the liquidity will be removed from the DEX and the option writers earn premiums. If not, liquidity remains on the DEX, allowing it to continue earning trading fees.

For option buyers:
🔸Choose a market (e.g., ARB/USDC).
🔸Decide on a side (call or put).
🔸Select a strike price.
🔸Pick an expiration date.
🔸Close their In-The-Money (ITM) positions at any time.

👉Courtesy of @chutoro_au, who created this detailed CLAMM walkthrough for your reading pleasure:https://t.co/mIVhkfcpiy

💡How is the MVP limited compared to its full release?

🔹LPs can only deposit liquidity into a single tick (e.g. $0.78 ARB/USDC).
🔹Option buyers MUST manually exercise their options to earn settlement.
🔹Limited expiration dates (20m to 24h).
🔹Options AMM is missing (which will allow buyers to create multi-leg strategies that combine multiple options with different parameters in a single transaction).

🙌Please give us your Feedback

As a tester we ask you, nay, beg you, to play around on the MVP and see what breaks and what doesn’t. Your feedback is valuable and will be used to iterate on the product.

❗Please remember that this is just the public testing phase, things can and will break! Please proceed with caution and only use funds you are willing to lose.

CLAMMeenis!💎

[Timeswap ⏳ @TimeswapLabs]

1/ Gm Time Travelers 🧑‍🚀and Joes 🧑‍🌾 !

@TraderJoe_xyz sJOE is back with a bang 🤯

🚨🚨 Borrow USDC against sJOE for 0.5%🚨🚨

Drop in Joe, let's go for a ride 🪂 (1/4)

[ZTX @ZTXofficial]

We are thrilled to announce October 16th as the date for our token launch 📢

This post will cover the most important information about our token and the community airdrop 🪙

Token utility:

1⃣ Governance
Decentralized governance is crucial in our virtual universe. Token holders have the power to shape our ecosystem by voting on ecosystem configuration variables such as fee structure and community treasury spending.

2⃣ Purchasing
$ZTX serves as the default and primary quote currency within the economy, various in-game assets and experiences will be denominated in $ZTX.

3⃣ In-game utility
Players can spend $ZTX in order to speed up, or even skip, certain in-game jobs that are associated with a timer.

4⃣ ???
We have more plans for $ZTX token utilities.

Tokenomics and airdrop details:

Total token supply distribution

Token emission schedule

Token distribution at TGE

Check out our latest Blog for more information about our token launch: https://t.co/uXYjaVbB0R

We have also released our Gitbook, which provides a comprehensive version with many more details: https://t.co/WFl4b9gTkW

[mimi ⏳ @mimiLFG]

Verifying my Twitter account for my #GalxeID gid:ebHpghHrsXFSfePAaoxndm @Galxe

https://t.co/1rtNBtbzcG

[mimi @defi_mimi]

Link to sheets:
https://t.co/yRZ3n6yKpt

Do comment on the sheet if any information in the sheet is inaccurate!

Tagging some ARB delegates, hopefully I can make your pain go away (at least some of it hehe):
@griffgreen
@CamelotDEX
@ercwl
@yoavw
@dmihal
@0xfrisson
@gauntlet_xyz
@sobylife
@0xJiro
@maxlomu
@CUBlockchain
@BobRossiETH
@SEEDLatam
@0x_ultra
@0xdai2
@DK3Anon
@PlutusDAO_io
@blue_clarity
@DK3Anon
@Treasure_DAO
@l2beat
@muxprotocol
@OlimpioCrypto

Tagging some chads and frens:
@TaikiMaeda2
@HFAresearch
@eli5defi
@DAdvisoor
@thedailydegenhq
@rektdiomedes
@crypto_linn
@2lambro
@wajahat
@0xPragmatism
@Grantblocmates
@0x42069
@arndxt_xo
@0xjeff
@degen606

[mimi @defi_mimi]

‼️ Arbitrum STIP update: 75 applications so far. ‼️
👨‍👩‍👧‍👦 Aggregate ask is 70mn $ARB (50mn allocated), and it's still only round 1. Will definitely be lots of purging/reductions.

😥Only 16/75 applications gave additional grant matching (ignoring their ongoing LM/incentives program).

💱DEXes are the dominant category, with significantly more asks than other categories. Followed closely by yield aggregators and lending markets.

90% of the applicants are DeFi, as expected.

Also added a comparison against @OuroborosCap8 's grant estimate vs request (draft). cc @0xVega @FabulousDegen for reference.

Tagging some of the newly updated chads:
@TimeswapLabs
@pendle_fi
@SocketDotTech
@vela_exchange
@JonesDAO_io
@CamelotDEX
@UmamiDao
@GMDprotocol
@GNDProtocol

Hopefully it's useful to ya!
cc @Castle__Cap @2lambro @WinterSoldierxz @gmx_intern @0xTrablo @MenyaResearch @patelzeel68

Will try to keep it updated, probs once after application period ends and another one before voting begins. 🤞

[mimi @defi_mimi]

🧑‍🌾 50mn $ARB in @arbitrum ecosystem incentives is coming! 🧑‍🌾

@arbitrum ‘s Short-Term Incentives Proposal (STIP) has received 36 drafts (requests for comments) so far, and I’ve summarised ‘em for you.

As an $ARB holder, I’d very much like to know where more tokens are going to and if it is actually going to benefit me bags.

If you’re a fellow builder, seeing what others are asking for and how they’ve designed the distributions would help a lot. At least it helped us over at @TimeswapLabs.

There will be 2 rounds, with the following timelines:
It’s only been the first round and ~34.5mn out of the 50mn allocated $ARB have been requested.

Personally, I think the following teams are the best references if you’re writing one up:
@TraderJoe_xyz
@SiloFinance
@goodentrylabs
@_WOOFi
@magpiexyz_io

Gotta say that 50mn in incentives distributed over 3.5 months is plentiful. We’re going to see some amazing yields in the next few months!

Voting’s still live btw, don’t forget to cast your votes!
https://t.co/XKUaMKYpZk
We’re 18 hours in with 20.5mn/70mn votes, and 13 days left on the clock. Very plausible to me.

Linked the sheets down in the comments.

[WAWA @0xwawa]

@phi_xyz @LensProtocol @Uniswap @tinydinosnft @sudoswap @AaveAave @DegenScore @ensdomains @PoolTogether_ @bywassies @blitmap @lootproject @zerion @nounsdao @0xPolygonLabs @Balancer @gitcoin @gitcoinpassport @bankless ⏳ @TimeswapLabs

Timeswap - The first oracle-less lending/borrowing protocol.

📜 You have lend any amount in any Polygon zkEVM pools on Timeswap

[Timeswap ⏳ @TimeswapLabs]

👀

[mimi ⏳ @mimiLFG]

@TimeswapLabs 👀👀👀

[mimi @defi_mimi]

🤔 Autocompounders are useful, but (when) should you actually use them? 🤔

Autocompounders/vaults alleviate the hassle of actively managing your positions, be it selling farm rewards, rebalancing, leverage loops, etc. Some examples include @beefyfinance @autofarmnetwork.

Let’s focus on autocompounders for the scope of this thread. Like anything, there are benefits and tradeoffs.

Benefits of autocompounders:
✅ You don’t need to time your sells (for farm rewards)
✅ Democratises fixed fees (gas fees, esp. useful on mainnet)
✅ Can have additional boosts
✅ Tokenises the autocompounding position

Tradeoffs of autocompounders:
😵 You can’t time your sells
😵 Additional security risks
😵 Probability of getting frontrun (large bundled transaction, details of wen autocompound is known to some)
😵 Fees

If you’re a small sized trader, using autocompounders make sense as it 1) removes hassle, 2) lowers fees, and 3) can compound more often (hence increases yield). Especially if you’re farming on mainnet.

If you’re a large sized trader, IMO, the benefits of autocompounders aren’t as attractive.

Farming with autocompounders works best during crab markets (where we are rn), as the inability to time your sells is not an issue, you’re dumping (and not expecting a pump) anyways. But as you know, the market ain’t like that, actual activity (at least TVL) of autocompounders shoots up during bull runs. Retails find lots of value in such products, and the APYs of autocompounders shoot up due to the high (and ever increasing) valuations, hence all the inflow.

All being said, from a protocol’s perspective, having your LP being autocompounded is slightly better. Your token incentives are getting dumped anyways, autocompounders help direct the sale to a deeper LP (albeit only temporarily, just a delayed sell).

So, when should you actually use autocompounders?
- If you’re a small sized trader on mainnet, using them right now is valuable.
- If you’re a large sized trader, weigh in on the pros and cons.
- As a protocol/builder, integrating the tokenised autocompounding positions is attractive as it removes the need for users to choose between farming and using it on your protocol.

[mimi @defi_mimi]

Is GambleFi that huge or is it just a fugazi people use to pump their bags?

@thalesmarket's positioning as an infra opens up the horizon for the longer-term whilst getting some share of the existing market!

A quick primer on Thales and my candid thoughts on GambleFi.
1️⃣ What is @thalesmarket?

Thales is building DeFi's infra for parimutuel markets.

Parimutuel betting (i.e., pool betting) is when bets are pooled together and the funds (less house fees) are shared across all winners.

Unlike fixed-odds betting (e.g., roulette), the odds in a parimutuel market changes as more bets are placed -- allowing the 'market' to price in the odds.

Horse racing bets typically run on this model.

A great explainer on parimutuel mkt and Thales' mechanics by @0xjeff.
https://t.co/2BjbrgFoTY

Being an infra, given oracle support and clearly-defined (and supported) conditions, betting markets for about any conditions can be set up!

Products built on top of Thales:
1️⃣ Positional markets
> Will an asset go above or below X in a week?

2️⃣ Ranged markets
> Will an asset be within or outside a price range in a week?

3️⃣ @OvertimeMarkets (sportsbetting market)
> Will X win against Y?
>> By how much?
- Sportsbook positional market
- Multiple layers of bets in a match
- Allows parlay (chained betting)

4️⃣ Speeds market (their latest product line)
> Will an asset be above or below the current price tomorrow?
- Shorter duration positional markets (and X replaced with current price); or as per @0xjeff , "Positional markets on steroids"
- Essentially, binary options

Binary options is banned across multiple jurisdictions due to the shady operations of many brokers (e.g., inciting gambling, blackboxed price feeds, unlicensed, etc.).
DeFi's the solution.
- Removing trust dependencies (besides oracle, which is provable)
- Democratises access

For crypto markets, the odds are priced in using Black Scholes, price skew and other price/IV-related formulas, on top of the market's demand for the position.
LPs are restricted to $THALES stakers.

2️⃣ Personal thoughts
GambleFi has no doubt found PMF within the crypto-native/DeFi crowd. Gambling is a degen's daily bread.

However, it is a stretch to say that it will onboard non-natives. It takes more than just the dApps; it requires a friendly onboarding process.

Most of the friction is still in the wallet and on- and off-ramp sides. Although there have been many efforts and upcoming features (enabled by AA, MPC, etc.), we have yet to find a solution that will not scare off outsiders.

GameFi was able to take off despite all of this because, prior to the P2E model, there was no such lucrative (and 'easy', be it sustainable/not) way for gamers to make money.

As a result, people were willing to overcome the hurdles.

This is not the case in the traditional gambling scene, where the perceived benefits of GambleFi are more nuanced. Not to mention the already established channels in the traditional gambling space.

All things considered, @thalesmarket's positioning as an infrastructure is a smart play.

Its products are currently meeting the needs of existing natives, and they can easily scale to meet the needs of newcomers once onboarding friction has been removed.

[Velocimeter @VelocimeterDEX]

We ran into the @TimeswapLabs team @CoinfestAsia recently & started asking ourselves...

[Timeswap ⏳ @TimeswapLabs]

Gm Time Travelers 🧑‍🚀!

Join our spaces with @traderjoe_xyz , talking about our newest YBA integration, sJOE, and the horizons it unlocks!

When?
September 5, 2023 at 12:00 UTC

Set a reminder here 👇

https://t.co/JJAPxubmvj

[arndxt @arndxt_xo]

I spent 100+ hours to hunt for chads under 5K followers. 👑

These alpha accounts share killer 100x GEMS 💎

My top 8 under-the-radar accounts 🤫

🧵👇

[arndxt @arndxt_xo]

6/ 🔷 archipelabro 🔷

@archipelabro is the threadoor account of @mimiLFG.

He is the growth lead at @TimeswapLabs

Just a little showcase of Timeswap. It is a fixed term lending protocol enabling the creation of money markets for standardised tokens (e.g., ERC-20, ERC-4626).