Key takeaways from @longbowlend's @MCGlive appearance:
- Founders are George and Emiliano, former engineers at Tele2 (Sweden's 2nd larget Telco), where they met.
- Following extensive research, the team chose to build on top of Morpho's infra to ensure maximum security, since Morpho is fully audited. So, @longbowlend's contracts are fully immutable and non-custodial.
- As of now, Longbow is the first credit layer on RH. While most lending protocols focus strictly on a standard set of classic assets, Longbow curates access to niche, highly lucrative markets (NFTs, etc).
- The reason they chose Robinhood is because RH is optimized for stocks and RWAs rather than acting as a generic L2. A significant influx of retail and TradFi users will be coming onchain seeking ways to access liquidity without triggering taxable capital gains on stock positions, and the first thing they'll look for is how to put those assets to work. @longbowlend is positioned to capture this influx.
- 307 borrow transactions within two weeks of launch.
- Vault TVL stands at ~$26,000.
- Capital on RH currently skews toward speculative/degen trading, but deposit liquidity is steadily climbing alongside consistent borrowing activity.
- Revenue Distribution: 80% of protocol fees go directly to the vault, 15% to the treasury, and 5% to stakers. The vault is structured to compound and self-sustain over time, reducing reliance on token-based fee emissions.
- Longbow launched a proprietary, fully onchain credit scoring primitive, a first for any EVM ecosystem project. Credit scores track wallet performance dynamically, increasing borrowing limits for users who repay on time for instance. Every wallet receives an onchain credit score that can be integrated and utilized by external protocols across the ecosystem.
- Longbow Supports diverse borrowing markets including RWAs, gold, silver, NFTs, and emerging tokens, with the capability to list virtually any market on demand. They are the sole protocol on RH allowing users to borrow directly against NFT assets.
- NFT collateral functionality unlocks unique partnership avenues, such as integrations with Stonkbrokers and similar projects for instance.
- External protocols have already begun natively integrating Longbow's contracts into their frontends.
- They're soon launching an incentive program to encourage developers to build on top of Longbow.
- Vision: Positioned to serve as a white-label lending infrastructure, allowing external projects to embed Longbow directly into their frontends. Active integration discussions underway with protocols like Rialto and Pons (for their app) to serve as their underlying credit layer.
- Primary focus now shifts toward user onboarding, marketing campaigns, and TVL expansion.
- Future updates will continue adding new features and asset markets while scaling protocol metrics, total deposits, and overall borrow activity.
$BOW
0x451b42a15100c340ca12f7c66de06fac5ea2d751
young men are waking up to the fact that the economy is fake and the job market is a humiliation ritual rigged against them
you have three options
don’t gamble at all:
you cannot escape the underclass
gamble and lose it all:
you remain in the underclass
gamble and win it all:
you can escape the underclass
Introducing the World’s First Omnipool for Tokenized Stocks
Tokenized stocks now have a way to share liquidity in a single pool instead of being split across isolated trading pairs.
The first EARN Omnipool is live with $NVDA, $SPCX, $PLTR, $EARN and $WETH, creating a single AMM pool where every asset can trade against the same underlying liquidity.
https://t.co/BHOzsF5ynv
You can now provide liquidity for 5 tokens in a single pool, keeping exposure and earning fees from all of them. An entirely new productive market structure for stocks.
What is an Omnipool?
An Omnipool is a multi-asset AMM built around shared liquidity.
Traditional AMMs fragment capital across separate pairs such as NVDA/ETH, SPCX/ETH and PLTR/ETH. The EARN Omnipool brings those assets together inside one weighted pool, allowing users to move directly between any of them without requiring a separate pool for every possible pair.
For liquidity providers, this means one deposit can provide exposure to the full basket while earning a share of the fees generated across the entire market.
Unlike a normal onchain index, the Omnipool doesn’t just hold a basket of assets. It actively provides shared liquidity between them, allowing every token to trade against the same pool while holders earn fees from that activity.
How does it work?
The first Omnipool is an experimental fork of Balancer V3, adapted for tokenized stocks on Robinhood Chain with Uni .
Each asset begins with a 20% target weight, while the AMM continuously adjusts its balances and prices as users trade. Every swap pays a fee, with the majority going to liquidity providers and an EARN protocol share supporting continued development.
Liquidity providers receive OMNI, the pool’s receipt token. Each OMNI represents a proportional claim on the assets held inside the pool and can be redeemed back into the underlying basket at any time.
Connecting OMNI to Uniswap V4
The Omnipool is its own AMM, separate from Uniswap, which means it does not automatically receive Uniswap routing or external arbitrage volume.
To connect the two markets, the OMNI receipt token can be paired with USDG in a Uniswap V4 pool. Because OMNI represents a claim on the entire Omnipool, this effectively makes the complete five-asset market tradable through a single token.
If OMNI trades below the value of the assets backing it, anyone can buy it on Uniswap and redeem it through the Omnipool. If it trades above that value, users can deposit liquidity into the Omnipool, receive OMNI and sell it on Uniswap.
This creates a live arbitrage link between the Omnipool and the wider Robinhood Chain market while giving routers a simple way to access the value of the entire pool.
The first pool is an experiment, but the bigger idea is to create a shared liquidity layer for the onchain stock market. We can expand this to let anyone launch their own Omnipool on EARN.
4 generations, 4 preferred assets
The Silent Generation peaked in 1980. Their preferred asset was Gold (they did not trust Stocks). 1980 was the peak of the Gold market.
The Boomer Generation has still not decreased much in terms of asset ownership. They still own half the assets and they like the SP500. "Bet on the USA". But the peak has occurred in 2020.
GenX owns a quarter of the assets and like the QQQ. "Bet on Tech Stocks". It's a smaller generation though, and will get dominated by Millennials soon.
Millenials are just getting going. They will peak in 20 years, inheriting the Boomers Wealth. (most Boomers have Millenial kids). Their asset of choice is Crypto, esp Bitcoin.
@fundstrat
Dr. Patrick Soon-Shiong is a surgeon who made billions inventing cancer drugs. He says that Covid, and the vaccines that didn’t stop it, are likely causing a global epidemic of terrifyingly aggressive cancers.
(0:00) Why Are Cancer Rates Rising in Young People?
(6:16) What Is Causing This Cancer Epidemic?
(14:52) Is There a Connection Between Covid and Cancer?
(25:33) Why Dr. Soon-Shiong Never Got Covid
(39:36) How Big Pharma Tried to Undermine Dr. Soon-Shiong
(47:35) Dr. Soon-Shiong’s Analysis of RFK Jr.
(1:02:47) The Healthcare Industry’s Conflict of Interest
(1:05:51) How to Strengthen Your Immune System
(1:10:32) What Your Doctor Won’t Tell You About How to Fight Cancer
(1:20:58) Why Hasn’t Anyone Faced Consequences for These Crimes?
(1:33:59) Why Dr. Soon-Shiong Bought the LA Times
Includes paid partnerships.
🚨 HUGE NEWS 🚨
@Topstep's rolling out a Performance Bonus for Live Funded Traders!
🎉 You’re getting rewarded on top of your payouts.
This is next-level. Trade like a pro, get paid like one. 💰
#Topstep#PerformanceBonus#LiveFunded#FuturesTrading
@relentlessADD Hey man. In his June 16, 2021 commentary, he uses the Asian Range STDV projection. Do you personally use or find it useful in index futures?