We just performed the first Atomic Swap between Cardano and Bitcoin in Mainnet.
This means native BTC was traded for native ADA.
0.0001 $BTC swapped for 50 $ADA
Bitcoin is on Cardano 🧡 ↔ 💙
Introducing Alchemix v3.
✦ Up to 90 % LTV while your collateral keeps earning
✦ The new Meta-Yield Token simplifies yield strategies
✦ Fixed-duration redemptions keep alUSD & alETH on peg
Read on 🧵
Some people did not quite understand, so this needs explanation.
Concentrated liquidity in ranges (like Uniswap3 and others doing that) tend to have liquidity from price A to price B. And this range of prices for stable pairs is VERY tight.
Asset sometimes like to go out of that range. And if there is no one else providing liquidity out of range - REKT (asset depegs or experiences extreme volatility).
This is where ol good stableswap saves the show! It has concentrated liquidity, but it doesn't stop anywhere. Some liquidity is present at any price.
So stableswap is the pioneer of concentrated liquidity, but it is also the endgame AMM algorithm for pegged assets, even after so many years!
Announcing our final phase of the BOS Communities Airdrop Campaign, dedicated to Cardano! 💙
Featuring SNEK, Iagon, Minswap, Handle, and more. 🐍
Join the Discord to participate and receive $BOS in your Cardano wallet as a CNT!
🔗https://t.co/8JkxjSJ5lx
Resupply is now Officially Live! — It's time to make your stablecoins work harder for you!
You can now borrow $reUSD, a decentralized stablecoin backed by yield-bearing lending vault tokens. Visit our dAPP which is now live at: https://t.co/inLVU3Bk7P and start earning now!
1/5
$YES is now live on @base!
0x1B68244B100A6713ca7F540697b1bE12148a8bf9
This isn’t just a re-launch - it’s a major upgrade that comes with:
💧 New liquidity design - absorbs large sells
🔒 Fixed supply - no more confusion
💰 0% borrows - no liquidation
Let’s break it down 🧵👇
PSA: Buy all the spot $SOL $SUI $XRP $ADA $ETH $BTC and all precious L1 tokens and store them in self custody in your own network wallet.
I’m not a tribalist. I believe in all L1 blockchains and want to see them all benefit the masses. But this is a critical time.
IMO: Within 9 months you will be able to trade any L1 token in-kind with regulated and legitimate exchanges - keep your assets off the offshore unregulated CEX network. You can trade L1 tokens now on DeFi DEX’s. You can move in and out of stable coin and spend stable coin as cash anywhere in the world.
Zero need for CEX’s anymore - please listen to me and exit them - they are in damage control mode and are predatory caring only for their casinos and for their own “reward” chains and tokens. They will extract as much retail liquidity as they can.
Just pillage them of the precious L1 assets and exit them to Self Custody and DeFi.
These exchanges are no friend of crypto and Bitcoin. I have proof of their on chain behavior well documented and shared with several trusted peers.
We must execute together as one. All L1 crypto lovers and holders unite around this mission.
Drain the exchanges and move the assets to the networks on the closed loop of crypto where they are hygienic and belong.
1/ frxETH V2 is now live!
$sfrxETH is the highest-yielding major liquid staked ETH, with hundreds of millions in TVL earning significantly more than competitors.
V2 further boosts yield while decentralizing validators.
Stake frxETH today: https://t.co/jttUn9zfAG
Learn more 👇