calling out zombies in crypto
Chain Hopper
Joined February 2023
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Checking this out on @HyperliquidX 👀
following and documenting $FT progress moving forward here on out
As gNAKE is my only $S bag apart from gas I believe it successfully blowing this up will translate to the chain
Big bet but this is becoming a blue chip day by day @AndreCronjeTech
Demon retweeted
Flying Tulip Weekly Update: October 23
This week:
▸ Ethereum ftUSD borrow cap increased to 900k
▸ All-time Perpetual PUT yield crossed $1.5M, funding development and team operations
▸ Community spotlight: @Bosstronics’ new FTMetrics dashboard shows PUT backing, activity and trading, and tracks ethereum:0x5dd1a7a369e8273371d2dbf9d83356057088082c buybacks, fees and buy/sell pressure
TVL grew to $5.53M in ftUSD and $23.18M across Lend, Trade and TRS.
Earn on Ethereum, Sonic and BNB Smart Chain through ftUSD staking and Lend, with additional Flying Tulip Rewards for eligible activity.
Current APYs:
—Lend USDC: 3.7% Ethereum/ 11.3% Sonic/ 3.2% BNB
—sftUSD: 6.4% Ethereum/9.7% Sonic/ 12.3% BNB
More stats and links in replies 👇
Demon retweeted
Featuring $SHROOM 🍄
@shroom_network is a Genesis Partner of Fang and staked 1M $SHROOM in our Genesis pools as its own Protocol Owned Liquidity!
Its protocol owned liquidity for stock tokens supports Fang's tokenized equities
→ APR: 807.29% yearly / 2.21% daily
Demon retweeted
The man everyone warned NOT to take over Sonic just revealed his comeback plan.
Sonic Lab's new CEO, @MattVisser, inherited a project many had written off. Now he's rebuilding it from the ground up.
New strategy. Real adoption. And a VERY different approach to the sonic-3:native token.
Is this crypto's BIGGEST comeback story?
New Crypto Insider interview OUT NOW: youtu.be/sOqLaUZ8jfQ
Demon retweeted
Calling all farmers - SHROOM pairs will be live on Fang!
Genesis Partner Announcement 🍄
We're excited to welcome @shroom_network as a Genesis Partner of Fang
• $SHROOM is included in our Genesis pools
• Shroom for tokenized stocks will help support Fang's tokenized equities as they focus on building liquidity for stock tokens
Demon retweeted
V3 Farming with robinhood:0x5fc5360d0400a0fd4f2af552add042d716f1d168 ON Robinhood Chain 🟢
→ ethereum:native /USDG [0.05%]: 514%
→ ethereum:native /USDG [0.01%] ~ 473%
→ robinhood:0x5d3a1ff2b6bab83b63cd9ad0787074081a52ef34 / USDG [0.008%] ~ 65%
Pick your fee tier, add liquidity, and earn $SWT on SwapHood
Demon retweeted
some cool DEX stuff happening on RH
@fablesfi have dynamic fees that can be distinct for buying/selling
@giga_dex integrating @brownfiamm for propAMM use that also interacts with ve33
Demon retweeted
Welcome to Ramses.
Another integration, welcome Fang.
Integration Announcement 🤝
Fang is integrating with @RamsesExchange
• FANG and gFANG native liquidity will live on Ramses
• r33 is part of our Genesis pools
Both teams are working closely so each protocol powers the other's flywheel
Genesis is getting closer 🧛
Demon retweeted
Why $s33 stays above $SWT 📈 ?
97,004.52 xSWT backs 8,317.33 s33, so each s33 redeems for 11.6629 xSWT
Buybacks and exit penalties keep growing it, with 535.45 SWT in penalties waiting to be rebased
Last 7 days: 94.61% APR from ratio growth
one thing i actually like about $SWT is how easy the model is to follow
SwapHood earns fees> fees fund buybacks> buybacks strengthen s33 backing
this whole thread is basically the receipts
much better than trying to explain some 20 step tokenomics model
Demon retweeted
A better way to keep track of what’s behind $SNAKE
The dashboard brings our PSM and sonic-3:native Redemptions together in one place, showing where funds are held and where they’re earning yield
A much clearer picture of the protocol beyond just the backing % and Dune stats
Demon retweeted
If you ask me: “What is the absolutely best protocol you have ever seen/experienced on @SonicLabs?”
I’d say @SnakeOnSonic hundreds, thousands of times.
Fresh system inspired by TOMB and its mistakes to finesse the whole game and become one of the most successful and powerful mechanics ever.
Especially with PSM, it enables users to redeem $SNAKE 1:1 for $S tokens, which protects the peg.
Innovational.
A better way to keep track of what’s behind $SNAKE
The dashboard brings our PSM and sonic-3:native Redemptions together in one place, showing where funds are held and where they’re earning yield
A much clearer picture of the protocol beyond just the backing % and Dune stats