Discover and read the best of Twitter Threads about #AlphaHomoraV2
Most recents (11)
1/ 🔔June Summary🔔
It was an intense month of building here at #Alpha and we would like to give the #AlphaWolf community our monthly recap on what we’ve built. 🐺
blog.alphafinance.io/june-summary/
It was an intense month of building here at #Alpha and we would like to give the #AlphaWolf community our monthly recap on what we’ve built. 🐺
blog.alphafinance.io/june-summary/
2/ The details are broken down into the sections below: 👇
1⃣Alpha Homora
2⃣AlphaX
3⃣Alpha Tokenomics
4⃣Alpha Launchpad
5⃣Alpha Oracle Aggregator
1⃣Alpha Homora
2⃣AlphaX
3⃣Alpha Tokenomics
4⃣Alpha Launchpad
5⃣Alpha Oracle Aggregator
3/ Starting with Alpha Homora, TVL across all Alpha Homora products is standing at ~$1.19B. 📈
#AlphaHomoraV2 has also consistently been able to maintain high lending rates as compared to other lending protocols in the market. 🏆
Here’s a quick comparison:
#AlphaHomoraV2 has also consistently been able to maintain high lending rates as compared to other lending protocols in the market. 🏆
Here’s a quick comparison:
1/6 #AlphaHomoraV2 integration with @epnsproject is now live!
Users can now receive notifications on their mobile devices when their positions are at liquidation risk. 🔔
blog.alphafinance.io/announcing-liq…
Users can now receive notifications on their mobile devices when their positions are at liquidation risk. 🔔
blog.alphafinance.io/announcing-liq…
2/6 Here is a guide on how to start receiving notifications:
Step1⃣: Go to app.epns.io and connect wallet to the Ropsten Test Network.
Note: Even though users have to connect via Ropsten testnet, they will still receive notifications on the EPNS mobile app.
Step1⃣: Go to app.epns.io and connect wallet to the Ropsten Test Network.
Note: Even though users have to connect via Ropsten testnet, they will still receive notifications on the EPNS mobile app.
3/6 Step2⃣: Click on the Faucet Ropsten icon on the EPNS site, enter your wallet address on the bar provided, and receive testnet Ether provided by the faucet. 🚰
Welcome @chainlink community to #AlphaHomoraV2!
Now supporting leveraged ETH - $LINK pools on Uniswap & Sushiswap and lending of $LINK token.
💸 Thanks to @SpookySwap on Fantom, Alpha Homora V2 users b/w May 20th 12am UTC-Jun 3rd 12am UTC will be eligible for $BOO tokens! 💸
Now supporting leveraged ETH - $LINK pools on Uniswap & Sushiswap and lending of $LINK token.
💸 Thanks to @SpookySwap on Fantom, Alpha Homora V2 users b/w May 20th 12am UTC-Jun 3rd 12am UTC will be eligible for $BOO tokens! 💸
2/7 For Sushiswap's ETH-LINK pool, users would gain:
1⃣ $SUSHI APY (higher APY from leverage)
2⃣ Trading fees APY (higher APY from leverage)
3⃣ $ALPHA (when >1x leverage)
4⃣ Optimized and automated leveraged yield farming/liquidity providing process for users
1⃣ $SUSHI APY (higher APY from leverage)
2⃣ Trading fees APY (higher APY from leverage)
3⃣ $ALPHA (when >1x leverage)
4⃣ Optimized and automated leveraged yield farming/liquidity providing process for users
3/7 For Uniswap's ETH-LINK pool, users would gain:
1⃣ Trading fees APY (higher APY from leverage)
2⃣ $ALPHA (when >1x leverage)
3⃣ Optimized and automated leveraged yield farming/liquidity providing process for users
1⃣ Trading fees APY (higher APY from leverage)
2⃣ $ALPHA (when >1x leverage)
3⃣ Optimized and automated leveraged yield farming/liquidity providing process for users
1/8 Welcome @indexcoop, @Uniswap, @SushiSwap communities to #AlphaHomoraV2! 🤝
Now supporting leveraged yield farming of
👉 ETH - $DPI pool on Uniswap
👉 ETH - $DPI pool on Sushiswap
and the following lending assets:
👉 $DPI
👉 $UNI
👉 $SUSHI
Now supporting leveraged yield farming of
👉 ETH - $DPI pool on Uniswap
👉 ETH - $DPI pool on Sushiswap
and the following lending assets:
👉 $DPI
👉 $UNI
👉 $SUSHI
2/8 For users in these pools on Alpha Homora V1 on Ethereum:
Users in these pools on V1 can start migrating to V2 to earn ~2x the ALPHA rewards.
To learn how to migrate, see the step-by-step guide here: alphafinancelab.gitbook.io/alpha-homora-v…
Users in these pools on V1 can start migrating to V2 to earn ~2x the ALPHA rewards.
To learn how to migrate, see the step-by-step guide here: alphafinancelab.gitbook.io/alpha-homora-v…
3/8 For Sushiswap's ETH-DPI pool, users would gain?
1⃣ $SUSHI APY (higher APY from leverage)
2⃣ Trading fees APY (higher APY from leverage)
3⃣ $ALPHA (when >1x leverage)
4⃣ Optimized and automated leveraged yield farming/liquidity providing process for users
1⃣ $SUSHI APY (higher APY from leverage)
2⃣ Trading fees APY (higher APY from leverage)
3⃣ $ALPHA (when >1x leverage)
4⃣ Optimized and automated leveraged yield farming/liquidity providing process for users
1/7 Since the #AlphaHomoraV2 launch 5 days ago, we've been collecting feedback from the #AlphaWolf community.
Today, the improved user interface (UI) based on the feedback collected has been live!
blog.alphafinance.io/alpha-homora-v…
Today, the improved user interface (UI) based on the feedback collected has been live!
blog.alphafinance.io/alpha-homora-v…
2/7 The UI that we have improved is on the last step before leverage yield farmers confirm their transaction.
Below shows the old user interface.
Below shows the old user interface.
3/7 Below shows the new user interface.
Information is clearly separated into 3 parts.
1⃣breakdown of assets in your position
2⃣breakdown of APR
3⃣breakdown of price impact and slippage
Information is clearly separated into 3 parts.
1⃣breakdown of assets in your position
2⃣breakdown of APR
3⃣breakdown of price impact and slippage
1/7 Welcome @synthetix_io community to #AlphaHomoraV2!
Now supporting leveraged yield farming of
👉 ETH - $SNX pool on Uniswap
👉 ETH - $SNX pool on Sushiswap
👉 ETH - $sUSD pool on Sushiswap
along with SNX and sUSD tokens on the Earn/lending side.
blog.alphafinance.io/alpha-homora-v…
Now supporting leveraged yield farming of
👉 ETH - $SNX pool on Uniswap
👉 ETH - $SNX pool on Sushiswap
👉 ETH - $sUSD pool on Sushiswap
along with SNX and sUSD tokens on the Earn/lending side.
blog.alphafinance.io/alpha-homora-v…
2/7 For users in these pools on Alpha Homora V1 on Ethereum:
Users in these pools on V1 can start migrating to V2 to earn ~2x the ALPHA rewards.
To learn how to migrate, see the step-by-step guide here: alphafinancelab.gitbook.io/alpha-homora-v…
Users in these pools on V1 can start migrating to V2 to earn ~2x the ALPHA rewards.
To learn how to migrate, see the step-by-step guide here: alphafinancelab.gitbook.io/alpha-homora-v…
3/7 What do users gain?
1⃣ Earn trading fees APY (higher APY from leverage)
2⃣ Earn $ALPHA (when >1x leverage)
3⃣ Optimized and automated leveraged yield farming/liquidity providing process for users including being able to borrow both ETH and SNX, ETH and sUSD!
1⃣ Earn trading fees APY (higher APY from leverage)
2⃣ Earn $ALPHA (when >1x leverage)
3⃣ Optimized and automated leveraged yield farming/liquidity providing process for users including being able to borrow both ETH and SNX, ETH and sUSD!
1/21 Given the recent launch of #AlphaHomoraV2, we’d like to take this opportunity to educate our users again on
👉 how Alpha Homora works and
👉 how you should use it to maximize your gains
Must read for all yield farmers out there
👉 how Alpha Homora works and
👉 how you should use it to maximize your gains
Must read for all yield farmers out there
2/21 General rule of thumb before we dive in:
As with any #DeFi product, DeFi users should do research, understand the products, and read the information displayed on the application before confirming any transaction.
As with any #DeFi product, DeFi users should do research, understand the products, and read the information displayed on the application before confirming any transaction.
3/21 What do you need to know to leveraged yield farm on #AlphaHomoraV2?
Alpha Homora V2 is a leveraged yield farming product that integrates with 4 AMM protocols.
This means the product adds leveraged functionality to the supported LP pools on the underlying AMM protocol.
Alpha Homora V2 is a leveraged yield farming product that integrates with 4 AMM protocols.
This means the product adds leveraged functionality to the supported LP pools on the underlying AMM protocol.
1/ 📖 Just read @Uniswap v3 whitepaper 🦄 and wanted to share some thoughts.
👀 There are some pretty neat tricks in the paper that we @AlphaFinanceLab also use. 👀
Thread below 👇
👀 There are some pretty neat tricks in the paper that we @AlphaFinanceLab also use. 👀
Thread below 👇
2/ Overall, 🦄 V3 is a huge upgrade from and much more complex than V2. V3 introduces:
👩💻 User Flexibility: Users can supply within a specified price range.
💻 Protocol Flexibility: Configurable swap fee & governance fee
💡 Features: Built-in TWAP & liquidity oracle
👩💻 User Flexibility: Users can supply within a specified price range.
💻 Protocol Flexibility: Configurable swap fee & governance fee
💡 Features: Built-in TWAP & liquidity oracle
3/ The most interesting feature is that users can supply liquidity to any desired price range, which then enables the __Concentrated Liquidity__ feature, as advertised.
🤔 This is a challenge in terms of technical implementation, since gas limits may explode if done naively.
🤔 This is a challenge in terms of technical implementation, since gas limits may explode if done naively.
It’s been a busy January & first few weeks of Feb. Though January was a few weeks ago, we would like to still share
👉 a full recap of this eventful month
👉 and a sneak peak of what we are working on and what is coming up in the Alpha ecosystem. 🔥
blog.alphafinance.io/alpha-finance-…
👉 a full recap of this eventful month
👉 and a sneak peak of what we are working on and what is coming up in the Alpha ecosystem. 🔥
blog.alphafinance.io/alpha-finance-…
2/ TL;DR
#AlphaHomora
1⃣Alpha Homora V2 was announced and launched
2⃣Total value locked on Alpha Homora V1 + V2 has grown from $188 Million on Jan 1st, 2021 to more than $1 Billion today
3⃣The migration process from Alpha Homora V1 to Alpha Homora V2 has started
👇
#AlphaHomora
1⃣Alpha Homora V2 was announced and launched
2⃣Total value locked on Alpha Homora V1 + V2 has grown from $188 Million on Jan 1st, 2021 to more than $1 Billion today
3⃣The migration process from Alpha Homora V1 to Alpha Homora V2 has started
👇
3/ #AlphaX
4⃣AlphaX private testnet round 2 was launched
$ALPHA Tokenomics
5⃣Designing and implementing ALPHA tokenomics 👀
Alpha project
6⃣Various media coverage and AMA
7⃣Welcoming @Delphi_Digital as our investor
Partners
8⃣Welcoming more partners to the Alpha ecosystem
4⃣AlphaX private testnet round 2 was launched
$ALPHA Tokenomics
5⃣Designing and implementing ALPHA tokenomics 👀
Alpha project
6⃣Various media coverage and AMA
7⃣Welcoming @Delphi_Digital as our investor
Partners
8⃣Welcoming more partners to the Alpha ecosystem
As 2020 is coming to an end, let us share with our community a reflection of 2020 and a preview of what is to come in 2021 for @AlphaFinanceLab!
Let’s dive in 🔥👇
#AlphaHomora #AlphaHomoraV2 #AlphaX #MoreAlphaProducts $ALPHA
blog.alphafinance.io/alpha-finance-…
Let’s dive in 🔥👇
#AlphaHomora #AlphaHomoraV2 #AlphaX #MoreAlphaProducts $ALPHA
blog.alphafinance.io/alpha-finance-…
2/20) Let us divide the 2020 review in multiple sections, starting from
Section 1: @AlphaFinanceLab project 🔥
1⃣ The project was launched in 2020 to build an ecosystem of innovative and user friendly #DeFi products
Section 1: @AlphaFinanceLab project 🔥
1⃣ The project was launched in 2020 to build an ecosystem of innovative and user friendly #DeFi products
3/20) 2⃣ Secured funds from top-tier DeFi investors such as @TheSpartanGroup, @multicoincap, and @DeFianceCapital
3⃣ $ALPHA was listed on @binance in early October 2020 through the Launchpad program
3⃣ $ALPHA was listed on @binance in early October 2020 through the Launchpad program
🚨 1/ The recent @warpfinance hack is the result of using vulnerable @UniswapProtocol 🦄 LP token prices.
The attacker was able to drain ~$7.8M worth of $DAI for smaller collateral.
#AlphaHomoraV2 uses a different LP pricing method that is safe against such attack vector. 👇
The attacker was able to drain ~$7.8M worth of $DAI for smaller collateral.
#AlphaHomoraV2 uses a different LP pricing method that is safe against such attack vector. 👇
2/ The LP token pricing used is prone to the typical flash loan sandwich attack vector:
➡️ Flash loan and skew reserves
➡️ Fake LP price
➡️ Repay flash loan
➡️ Profit
So, how do we price an LP token in an unmanipulatable way?
Answer: **FAIR LP PRICING**
➡️ Flash loan and skew reserves
➡️ Fake LP price
➡️ Repay flash loan
➡️ Profit
So, how do we price an LP token in an unmanipulatable way?
Answer: **FAIR LP PRICING**
3/ What makes the **FAIR LP PRICE** safe from attacks?
There are two major components to the fair LP price that make the price safe:
① Fair Asset Prices
② Fair Asset Reserves
There are two major components to the fair LP price that make the price safe:
① Fair Asset Prices
② Fair Asset Reserves
