sumtem retweeted
Crypto Watchlist for the week ahead:
$MATIC - Polygon will demo its next-gen ZK product on Dec. 14
$FXS - FXS halving will happen on Dec. 20 + FraxChain is coming next month + Frax's BAMM, a new DeFi primitive, is launching soon
$SNX - SNX inflation will be turned off on Dec. 17 + Synthetix Andromeda Upgrade is coming soon. Andromeda will introduce a buyback & burn SNX mechanism among other things
Solana Ecosystem tokens - The entire Solana eco is booming. Now is a good time to research native projects & bet on those with big catalysts
$PLX - Parallax Finance's Concentrated Active Liquidity Management strategies will be launched next week. The strategies are based on an AI-powered algo
$APT - $209M worth of tokens will be unlocked on Dec. 12
And that's it for this week.
If you enjoyed reading this, a like + retweet would be much appreciated🫡
sumtem retweeted
Parallax will focus on CALM. Here’s there plans for it👇🏻
$PLX did 800% in a month from this announcement after CALM governance proposal passed with an overwhelming majority, demonstrating strong community support.
CALM stands for Concentrated Active Liquidity Management which will dynamically adjust position curves and optimize capital deployment on Uniswap v3.
CALM v1 launches in December 2023 is a major milestone for Parallax's vision of becoming a leading decentralized asset/liquidity manager.
Fees from CALM will be allocated to PLX holders, creating high-yield fee capture.
Will pursue long-tail crypto assets as well, 3 launch partners confirmed.
Roadmap plans include expanding supported pairs, chains, advanced CALM strategies, and CALM solutions to projects.
Here are some potential bullish thesis on CALM
• CALM's advanced quantitative strategies and automation have the potential to optimize yields, minimize risk, and greatly enhance capital efficiency for LPs.
• Significantly reduced IL from Parallax proprietary rebalancing engine
Potential high-yield fee capture for $PLX token holders
• Exclusive focus on high trading volume pairs, and will actively pursue long-tail crypto assets
• There will be a fee sharing component where most of the fees earned by CALM vaults to PLX holders creates a promising new revenue stream
• Parallax could also offer CALM solutions to projects
• By simplifying and streamlining complex liquidity tactics, CALM could help attract mainstream capital and users to decentralized finance.
• CALM signifies Parallax establishing itself as a core builder of next-gen DeFi yield and liquidity tools.
• Through predictive analytics and automated rebalancing, CALM may help cushion against volatility.
• CALM's focus on capital efficiency and long-tail assets differentiates them from existing players like Arrakis and Gamma. This find them a sweet product-market fit within the sector of concentrated liquidity strategies
• CALM multi-chain expansions expanding beyond Arbitrum to additional chains and ecosystems unlocks new opportunities.
🌐 The Need for CALM: Parallax is Building Advanced Liquidity Management Vaults 🌐
Expanding on @ethereum @arbitrum @zksync with a spotlight on long-tail assets.
Discover the Motivation Behind CALM 👇👇👇
At Parallax, we embrace innovation as a lifeline in the ever-evolving DeFi liquidity infrastructure.
Introducing CALM - Concentrated Active Liquidity Management, the pinnacle of optimized yield strategies in the liquidity realm.
Present Challenges
Currently, long-tail assets lack sufficient coverage due to their inherent risk as they are more susceptible to high price fluctuations.
Managing such LPs can be complex and requires active management to maximize returns and minimize risks.
CALM steps in to overcome these hurdles, designed to provide automated, set-and-forget @uniswap v3 liquidity strategies.
CALM as the Solution
CALM vaults, powered by an algorithmic approach, dynamically adjust price ranges to seek the highest yields in real-time.
Parallax aims to stand apart from @GammaSwapLabs and @ArrakisFinance, aiming to revolutionize concentrated liquidity for long-tail assets.
CALM's USP
CALM vaults boast uniqueness by concentrating on long-tail assets, offering higher risk but higher rewards.
The whitelisted assets in these vaults will have higher trading volume and will generate higher fees, which we aim to distribute as APY back to $PLX holders.
For example, the CALM vault algorithm sets price ranges for whitelisted @uniswap v3 pairs. When prices deviate, the vault automatically adjusts, ensuring continuous optimization and rebalancing.
Each CALM vault also comes with custom optimization goals, allowing users to choose automated strategies matching their risk profiles.
Developed from scratch, CALM reflects Parallax's vision of a complex yet user-friendly DeFi landscape. We expect CALM vaults to be attractive to both new and existing users.
By continuously integrating with new high-volume trading pairs, users can effectively maximize yields, manage risk, and simplify DeFi management.
We are gearing up for CALM launch in December 2023, stay tuned for more CALM updates!
sumtem retweeted
Got a taste of $SOY paper handorrrs, DCA'd please run that shit back turbo witha "FUCK U" candle
@soylanacoin
sumtem retweeted
Given today’s events, it feels like an ETF is a formality.
Which probably just means it makes a lot more sense to start getting that (long-term) exposure into BTC + coins of choice, if you haven’t already.
The game now is:
Trading level-to-level to increase spot BTC holdings.
