Discover and read the best of Twitter Threads about #AcidThreadChallenge
Most recents (5)
🎉 Announcing the #AcidThreadChallenge winner!
We've gone through all the amazing entries and carefully evaluated each creative drop. It wasn't easy, but we've finally selected a winner, which you can find in the thread below, along with our reasons.
We've gone through all the amazing entries and carefully evaluated each creative drop. It wasn't easy, but we've finally selected a winner, which you can find in the thread below, along with our reasons.
1st place goes to @DeFi_Made_Here
Stand out with their distinctive narrative and unexpected twists. However, it's important to mention that the emissions will decrease over time, ultimately benefiting those who prioritize sustainable income in the long… twitter.com/i/web/status/1…
Stand out with their distinctive narrative and unexpected twists. However, it's important to mention that the emissions will decrease over time, ultimately benefiting those who prioritize sustainable income in the long… twitter.com/i/web/status/1…
2nd place goes to @Immortalsm1
Our project has been meticulously analyzed from the contractual skill aspect, and we're thrilled to see that the reviewer found 0xAcid to be unique and exceptional.
Our project has been meticulously analyzed from the contractual skill aspect, and we're thrilled to see that the reviewer found 0xAcid to be unique and exceptional.
Wanna do some drugs? 💊
Amongst all the noise and hype around the #Arb airdrop, one protocol has not only caught my eye, but my attention.
Truthfully, I feel underexposed to this project & I'm going to tell you why.
Let's drop a tab on @0xAcidDAO
A thread 🧵👇
1/28
Amongst all the noise and hype around the #Arb airdrop, one protocol has not only caught my eye, but my attention.
Truthfully, I feel underexposed to this project & I'm going to tell you why.
Let's drop a tab on @0xAcidDAO
A thread 🧵👇
1/28
@0xAcidDAO So first things first, the #ETH Shapella upgrade is set to go ahead on April 12th.
@LouisCooper_ covers the basics!🍄
But, TL;DR 🍬
A shit tonne of staked #ETH ($27bn) will be unlocked, meaning the fight to offer the highest APR's by LSDs is on.
buff.ly/3TsckJO
2/28
@LouisCooper_ covers the basics!🍄
But, TL;DR 🍬
A shit tonne of staked #ETH ($27bn) will be unlocked, meaning the fight to offer the highest APR's by LSDs is on.
buff.ly/3TsckJO
2/28
@0xAcidDAO @LouisCooper_ So, having read the above, you should understand that:
💊 You need 32E to be validator on the #ETH network
💊 Non-validators use LSD's protocols to stake
💊 LSD's compete to pay out the highest APR's
LSD means "Liquid Staking Derivatives".
Stay with me!
3/28
💊 You need 32E to be validator on the #ETH network
💊 Non-validators use LSD's protocols to stake
💊 LSD's compete to pay out the highest APR's
LSD means "Liquid Staking Derivatives".
Stay with me!
3/28
LSD is great, isn't it.... 👀
No, not the psychedelic type.
I'm talking about the LSD where you can earn #RealYield and make money without breaking the law.
@0xAcidDAO is the self-proclaimed "Best dealer of top-not LSD on #Arbitrum"
Let's take a look 🧵🧵
No, not the psychedelic type.
I'm talking about the LSD where you can earn #RealYield and make money without breaking the law.
@0xAcidDAO is the self-proclaimed "Best dealer of top-not LSD on #Arbitrum"
Let's take a look 🧵🧵
@0xAcidDAO What on earth is @0xAcidDAO and why is it called LSD?
First, what does LSD stand for?
Liquid Staking Derivatives, a way for users to maximize their staking rewards.
LSDs have been hot in the #DeFi space and are currently the second-highest TVL category in DeFi.
First, what does LSD stand for?
Liquid Staking Derivatives, a way for users to maximize their staking rewards.
LSDs have been hot in the #DeFi space and are currently the second-highest TVL category in DeFi.
@0xAcidDAO . @0xAcidDAO utilizes its own unique revenue model to maximize the yield generated through bonds, real yield and estokens/staking.
All of this is done to benefit holders of their native token $ACID.
Let's take a look at each section 👇
All of this is done to benefit holders of their native token $ACID.
Let's take a look at each section 👇
Ponzinomics at its best or how to evaluate a fair price for $ACID
Thread 🧵
Thread 🧵
1/ What is @0xAcidDAO?
0xACID aims to maximize the return on LSD assets (such as stETH, rETH, frxETH, etc.) and provide a much higher return than ordinary LSD assets (which typically only have 4-5% APR).
But how?
0xACID aims to maximize the return on LSD assets (such as stETH, rETH, frxETH, etc.) and provide a much higher return than ordinary LSD assets (which typically only have 4-5% APR).
But how?
2/ Since everyone is in the same conditions (Lido or Frax are not paying an extra % to Acid), there should be a way how Acid would pay higher returns.
Here come the ponzinomics.
Here come the ponzinomics.
Liquid Staking Derivatives (#LSD), the narrative and,
in today's menu - @0xAcidDAO🧪
A Long Thread: 0/x🧵
in today's menu - @0xAcidDAO🧪
A Long Thread: 0/x🧵
An overview⏳
DeFi is all about staking, but have you heard of liquid staking?💧
It's a game-changing concept that often gets overlooked due to its simplicity but is nevertheless the hottest🔥 narrative right now.
1/x🧵
DeFi is all about staking, but have you heard of liquid staking?💧
It's a game-changing concept that often gets overlooked due to its simplicity but is nevertheless the hottest🔥 narrative right now.
1/x🧵
So, what is Liquid Staking?🤔
Essentially, LS involves staking your tokens with a protocol to receive a derivative of the staked token in return.
But here's the kicker🛴
2/x🧵
Essentially, LS involves staking your tokens with a protocol to receive a derivative of the staked token in return.
But here's the kicker🛴
2/x🧵
