@ScarabTools Check out the Scarab SDK in action at https://xitter.gq/t.co/RehGlrDYAV
Rolling Dung
Joined August 2023
- Tweets29
- Following2
- Followers19
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Our friends @definedfi have knocked it out of the park with their integration of @ScarabTools SDK.
It is a must try if you haven't already!
So what are the advantages?🧵👇
1. Multi-chain trading on all of your favorite networks, with a goal of supporting virtually all chains;
Scarab SDK is multi-chain! 🪲⛓️
Our devs are shipping support for other networks faster than ever, with trading enabled on Arbitrum, Optimism, Blast, and Base. 👀
Experience the best in multi-chain trading today! Check out the incredible trading terminal created by @definedfi and enabled by Scarab's SDK. 💪
But we've only just started! What should we add next?
6. Scarab will continue to build-out its capabilities with a goal of becoming the ultimate trading platform SDK. We want our users to experience the best; no complicated steps, just intuitive trading.
Check out our integration now at defined.fi! 🪲💪
Pincer retweeted
Scarab SDK is now live on Defined.fi!
Enjoy non-custodial, multi-wallet trading powered by Scarab and @turnkeyhq. Check out @definedfi's post below for more information on our trading integration and why we're so excited about this release. 👇
Happy trading, Dungheads! 🪲
Pincer retweeted
📢 Announcing an exciting update to our tokenomics!
With this change, our biggest supporters will no longer have to pay for gas on Ethereum while trading on @definedfi and future partner’s protocols with Scarab’s #AccountAbstraction tech.
🪲 20% of all fees/taxes generated will go towards sponsoring gas fees for all users holding at least 500k tokens. This will replace our current buy-back model.
👉 Yes, that’s right. If you hold over 500k tokens you will not have to pay gas fees when trading on @definedfi and future partner platforms. More details about this coming soon. ⛽✅
🪲 Partners will be obligated to market buy $15,000 worth of tokens and hold them in order to use Scarab's SDK. 🤝
🪲 Flexible trading fee options:
- Partners can choose to abide by Scarab's tokenomics (eg: 1% fee for non-holders, tiered discounts for holders), with 30% of all fees going back to Scarab; or
- If they prefer to offer 0% trading fees, then a portion of their monthly revenue must be used to market buy tokens every month (negotiated on a per-case basis).
Avoid the risk and hassle of holding users' private keys! 🔐 Partner with Scarab and bring our top-tier "degen wallet infrastructure" powered by #AccountAbstraction to your platform, where security and benefits align with your project's needs and growth ambitions. 🪲🚀
Pincer retweeted
While our devs continue to work closely with the @definedfi team making progress on our integration, here's a quick update on Scarab and what we've been building! 👷♂️🪲
$DUNG devs have been hard at work this month on our new trading SDK, which represents a significant leap forward in the accessibility and versatility of our technology. By making our internal API public in the near future, we'll be inviting third-party developers to engage directly with our platform, opening a world of possibilities for customization and innovation.
Our SDK simplifies the integration process with Scarab, removing the need for in-depth knowledge of our system's endpoints and parameters. This means other projects can more easily take advantage of our trading tools, such as #AccountAbstraction Smart Wallets.
This represents our transformation from what was once solely a trading bot interface, into a comprehensive trading bot platform.
Stay tuned for updates on all things Scarab, including our future road-map and ongoing integration with defined.fi. 🪲🪲🪲
Pincer retweeted
Why wait for projects that merely have #AccountAbstraction on their roadmap?
You can experience fast, secure transactions with our AA powered Smart Wallets right now, along with other features such as:
🪲Tokens Dashboard (see tokens before they go live!);
🪲Portfolio Management;
🪲MEV Protection;
🪲Honeypot scanning;
🪲Trade on web or via Telegram bot;
🪲Revoke or renew your Smart Wallet access in a flash!
Soon, our integration with @definedfi will bring everything you love about Scarab into one comprehensive platform, delivering industry leading token data, charts, Telegram bots, multiple protocols and more.
Your ultimate trading destination is close at hand!
Unlock the power of Scarab with $DUNG and bring your 'shitcoin' trading to the next level.
Pincer retweeted
It's been an exciting week, Dungheads!
We are thrilled to bring our Smart Wallets powered by #AccountAbstraction to defined.fi in the near future.🤝
And remember, users can enjoy 0% trading fees when they hold 1.25M $DUNG! 🪲🪲🪲
Huge shout out to our dedicated devs that helped make this partnership a reality!
We're thrilled to announce our partnership and upcoming integration with @Definedfi! 🤝
Scarab has utilized Defined’s powerful API since our inception, so it only made sense to approach them early on about a future integration with their web platform and Telegram bot.
We have had the pleasure of collaborating with their team for the last 9 months, however, with the inherent security risks involved in holding private keys, we needed a solution to eliminate this risk before moving forward with any partnership.
Defined’s commitment to security (as well as our own aversion to holding private keys) led us to rapidly begin development of ERC-4337 Smart Wallets, eliminating the need for private keys and thus fulfilling a key partnership prerequisite.
Now, with the implementation of #AccountAbstraction complete, we can take Scarab's AA tech to the next level with the help of Defined's incredible web platform and popular Telegram bot.
Here’s what you can expect as we move forward:
🪲 Defined will be incorporating all of Scarab's frontend features into their website and adding Scarab functionality to their Telegram bot, which is already in use by thousands of Telegram groups;
🪲 Trading through Defined's platforms will maintain the utility and tokenomics of $DUNG, ensuring a consistent trading experience; and
🪲 Scarab will concentrate on building and improving upon our "degen wallet infrastructure," while Defined focuses on enhancing overall user experience through added multi-protocol support, bridging, NFT trading, and more.
Leveraging Defined's team of 9 full-time devs, each with multiple years of experience in this space, we have full confidence in their ability to incorporate Scarab into their platforms to achieve the best trading terminal available.
Of course there is much to do over the coming weeks to fully integrate with @definedfi, but we believe this partnership aligns perfectly with our vision of becoming the ultimate trading platform for fast and secure interactions across multiple defi protocols.
Stay tuned for more updates as we embark on this journey together with Defined!
Pincer retweeted
Our dev team has been hard at work building out our #AccountAbstraction Smart Wallets and testing alongside our users.
Curious? Come check out our Smart Wallet beta at scarab.tools!
Have a great weekend and stay tuned for future updates! 🪲🪲🪲
Pincer retweeted
With our trading competition concluded, we're gearing up for the future of Scarab with #AccountAbstraction (AA).
Scarab is among the first platforms to successfully implement AA, allowing our users a chance to experience trading with non-custodial wallets, or "Smart Wallets". We've also onboarded additional devs this month to help us reach some important short-term goals.
With AA, your connected wallet at scarab.tools becomes the owner of any created Smart Wallets with a simple signature. Simply fund the newly created wallet as usual, and start trading! To withdraw, click the "Transfer" button and enter an address to transfer your funds out.
Finished trading? No problem. You can revoke Scarab's access to your Smart Wallet with a single click, and when you're ready, renew your trading session with a quick signature from your connected wallet.
Our goal is to create the best AA wallet infrastructure available. This paves the way for future possibilities such as integrations with other platforms. More ways to trade, more features, more freedom, all with the built-in security of AA.
Stay tuned for future updates and insights into our future roadmap items. We have a lot to build and we are excited to share it with all of you! 🪲🪲🪲
Pincer retweeted
Scarab @ScarabTools $DUNG is still the only trading bot with account abstraction.
All the talk is about every other bot but the @ScarabTools keeps on building and updating their product.
Quick explainer on Account Abstraction:
Account abstraction acts just like a normal wallet you’d create in Metamask, but instead of being secured with a private key it’s a smart contract.
By creating a new smart wallet on Scarab you don’t have to trust them with full access to your funds.
The only thing that has access to spending your funds from your new wallet is Scarab’s router contract.
As two prominent trading bots make headlines with their exploits, Scarab proudly stands out as one of the first trading bots to implement Account Abstraction!
Join our exclusive Account Abstraction beta! Now open to all $DUNG holders with 100k+ tokens.
Pincer retweeted
The recent exploit of a prominent trading bot underscores the importance of wallet and user security.
It's time we recognize the power of Account Abstraction. 💪
Beyond its role as a trading bot, Scarab serves as a comprehensive wallet management suite. In a world filled with malicious individuals, Scarab is committed to creating something exceptional that genuinely benefits its users.
Account abstraction, along with Scarab's suite of tools specifically designed to safeguard against rug pulls and honeypots, marks a notable advancement in prioritizing user security and safety. 🛠️
Check out our deep dive thread explaining account abstraction. ✍️
xitter.gq/ScarabTools/stat…
Stay tuned for part two, where we delve deeper into how Scarab intends to implement account abstraction!
Comment below your favorite projects or KOL's that you'd like see on our upcoming account abstraction spaces? 🗣️
As the decentralized world evolves, so do the concepts and the structures underpinning it.
𝐄𝐧𝐭𝐞𝐫: 𝐀𝐜𝐜𝐨𝐮𝐧𝐭 𝐀𝐛𝐬𝐭𝐫𝐚𝐜𝐭𝐢𝐨𝐧.
Here's a deep dive 👇
◺ At its core, account abstraction is about empowering smart contracts to oversee and control not just their individual actions but those of other accounts. This goes beyond the traditional model where only user-owned accounts maintained control.
◺ In the conventional framework, individual accounts control their assets, and their actions are self-contained. But what if we could break these silos and introduce more fluid, complex interactions? 👀
◺ For Scarab, account abstraction isn't just a buzzword; it's a revolutionary approach to decentralized programming. Developers now have a toolkit that allows for layered, intricate relationships between contracts and user accounts, ushering in a new wave of DApps. Of which, Scarab intends to be at the forefront.
◺ With the ability to condense multiple operations and interactions into a single transactional flow, we are removing clunky processes and achieving better efficiency. It's a scalability dream. ⚖️
◺ Think of account abstraction as the architect of interoperability. With this, smart contracts could potentially converse with different blockchain tokens, linking decentralized systems with traditional financial structures.
◺ Account abstraction is a testament to the dynamic and ever-evolving nature of blockchain tech. It captures the spirit of continuous innovation, always striving for a more connected, efficient, and versatile decentralized ecosystem. 🔍
◺ Scarab intends to be at the forefront of this new paradigm shift in DeFi. Account abstraction is not just about redefining how accounts interact but reshaping the very fabric of decentralized applications. The future of DeFi beckons, and it's abstracted.
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𝑆𝑡𝑎𝑦 𝑡𝑢𝑛𝑒𝑑 𝑡𝑜 𝑓𝑖𝑛𝑑 𝑜𝑢𝑡 ℎ𝑜𝑤 𝑆𝑐𝑎𝑟𝑎𝑏 𝑝𝑙𝑎𝑛𝑠 𝑡𝑜 𝑖𝑛𝑡𝑒𝑔𝑟𝑎𝑡𝑒 𝑎𝑐𝑐𝑜𝑢𝑛𝑡 𝑎𝑏𝑠𝑡𝑟𝑎𝑐𝑡𝑖𝑜𝑛 𝑖𝑛𝑡𝑜 𝑜𝑢𝑟 𝑡𝑜𝑜𝑙 𝑠𝑢𝑖𝑡𝑒! 🪲
Pincer retweeted
$DUNG is a long term project I have been holding with conviction.
This is not an average team that has been building for MONTHS now.
They are currently running a $50K prize pool trading competition lol That's insane. Still only 14 participants. $50K!
X15 to ATH, great liquidity. Wouldn't be surprise to see $DUNG moving in the upcoming days and gaining momentum again.
dextools.io/app/en/ether/pai…
𝗔𝗟𝗣𝗛𝗔 𝗣𝗦𝗔 📢: There is currently an ongoing $50,000 prize pool trading competition with ONLY 14 participants 🤯...
And we, @ScarabTools, are the ones hosting it! 🪲
Still fading this opportunity?
Some helpful information below 👀👇:
