Discover and read the best of Twitter Threads about #Avalanche

Most recents (24)

I swap & provide liquidity on all chains supported by @SushiSwap, more specifically:

Ethereum, Polygon (Matic), Binance Smart Chain, Fantom, Avalanche, Harmony, xDai, HECO, OKExChain


A thread 🍣 Image
Swapping $ETH & $SPELL and providing liquidity on @SushiSwap via the #Ethereum network took approx. 1-4 minutes per transaction and cost $6.25 in total.

The second transaction (providing liquidity) took too long, so I had to cut the video at some point & reduce quality.
Swapping $BNB and $ICE and providing liquidity on @SushiSwap via the #BSC network took approx. 25 seconds per transaction and txs fees were $0.44 in total.
Read 13 tweets
Q2 2021 has come to a close and @avalancheavax has seen a rapid growth despite very tough market conditions.

Here's a not-so-short recap of some $AVAX #DeFi highlights. 👇
- @avalancheavax reached 1M transactions on the C-Chain.
- @penguin_defi captured almost $7M TVL in a single day; passed $9M next day and $20M shortly after that.
- @AvaxStars sold almost 4,000 #NFTs in a single day
- @pangolindex and @snowballdefi launched on-chain governance
- @AvaxPodcast went on air and started interviewing $AVAX builders
- @yieldyak_ announced its protocol token $YAK
- @avalancheavax minted its 1 millionth block on the C-Chain
Read 15 tweets
1/ Back with another #FreeLoveFriday. Yes, yes. I know it’s Monday, but @iomarkr is worthy of breaking the Friday-only rule.

2/ DeFi on @AvalancheAVAX is growing rapidly. New users, assets, and applications are joining the community rapidly to tap into the vibrant $AVAX DeFi ecosystem.

3/ That growth is despite a bridge that has had many issues for users. An upcoming, first-of-its-kind bridge is a lot faster and 5X cheaper, and will open the floodgates for liquidity to flow into Avalanche.
Read 11 tweets
State of #Avalanche: a) number of validators at 967, 🥳 b) TVL at 211.6M $AVAX, 🤑 c) GINI at 85.3%:
State of #Avalanche: a) number of validator *groups* (by reward address) at 909, 😎 b) TVL at 211.5M $AVAX, 🤑 c) GINI at 89.6%:
Read 4 tweets
State of #Avalanche: a) number of validators at 947, 😎 b) TVL at 211.7M $AVAX, 🤑 c) GINI at 85.1%, d) min. number of approvers at 947 - 858 = 89, e) min. number of rejectors at 947 - 925 = 22: Image
..where the GINI inequality coefficient is defined as the sum of total stake difference *over* the sum of max. possible stake difference among validators. It's 0% for total equality (everybody having the same stake) & 100% for total inequality (a single one having all the stake).
..where the *approvers* control 70% of the stake and _need_ to collectively sign-off a TX. It's a minimum number, because one of the mega-validators among the *approvers* might get replaced by two or more smaller validators.
Read 6 tweets
State of #Avalanche: a) number of validators at 944, 😎 b) TVL at 213.0M $AVAX, c) GINI at 84.8%:
1/ My long terms followers will have noticed, that I've added a 2nd vertical bar to the graph. The 1st *left-hand-side* vertical bar is the 30%-vs-70% split, and the 2nd *right-hand-side* vertical bar is the 70%-vs-30% split w.r.t. to stakes.
2/ Why did I do that? Well, the LHS 30%-vs-70% split tells us that 853 out of 944 validators control 30% of the stakes, and the remaining 944 - 853 = 91 validators control 70% of the stakes.
Read 32 tweets
State of #Avalanche: a) number of validators at 965, 🥳 b) TVL at 220.5M $AVAX, 🤑 c) GINI at 84.6%: Image
1/ GINI is a measure for *inequality*: A min. value of 0% would be very good for decentralization, and would imply perfect equality among validator stakes. A max. value of 100% would be very bad for decentralization, and would imply perfect inequality among validator stakes.
2/ So, a GINI of 0% would mean all validators have the same stake, and a GINI of 100% would mean a single validator has all the stake.
Read 14 tweets
1/ I've been looking to poke holes into #Avalanche for *two* years, writing an entire simulator for 1 million+ nodes in the process. Anything you throw at it, has either been easily solved or is easily solveable.. it's just unbreakeable:
2/ Protective ephemeral centralization by the #Avalanche foundation? That's easy to fix: distribute $AVAX via sales, tax larger validator rewards, subsidize smaller validators or modify staking to voting relationship w/o affecting safety too much.
3/ Liveness suffering due to theoretical fat-tails distributions like Pareto or Cauchy? Easy to fix: apply adaptive staking vote shaping to measure & recognize such distributions in real time. Applt counter measure by dynamic staking power adaptation.
Read 10 tweets
1/ Why #Avalanche is even better than I initially thought (part 2)?
2/ In our previous thread we discussed how *fast* the distributed #Avalanche *consensus* mechanism can sync all honest nodes:
3/ Above you see how after *only* 3 rounds the entire set of honest participants are in sync: Despite 15% being faulty (or malicious), the system manages to achieve the max. possible consensus level of 85% (for the overall network).
Read 32 tweets
State of #Avalanche: a) number of validators at 982, 😎 b) TVL at 258.7M $AVAX, 🤑 c) GINI at 85.6%:
WTF: TVL is *down* by 40M $AVAX in the last 7 days? I guess somebody is pumping up validators numbers, and trying to reduce the *apparent* GINI I'm measuring.. 🤣 Note that *real* GINI is by definition _worse_, due to the top validators belonging to the foundation..
1/ Why the socio-economic structure of #Avalanche and #Turkey are similar? Let me explain:
Read 16 tweets
1/ Why #Avalanche consensus is even more powerful and flexible than I though initially? Check this diagram: Image
2/ Above you see that given a *uniform* distribution of stakes the #Avalanche *Snowflake* consensus reaches after *only* 3 rounds the maximum expected levels!
3/ Let's investigate another distribution of stakes e.g. according to the *Cauchy* distribution: Image
Read 11 tweets
Long thread on positions & some mathematical whiz about $AUTO ⬇️

1/ Currently 14.85% of all emitted $AUTO tokens are staked in the new single $AUTO vault. Pretty decent for ~60hours since launch & given the relatively bearish week.
2/ Confident that staking % in single $AUTO vault will increase once APY is reflected, but a current TVL of $8.2m, i’d give it a ballpark figure of ~60% APY since my last calculation
3/ TLDR; buying pressure on $AUTO with reduced circulating supply due to the 7-day locking in single $AUTO vault
Read 9 tweets
Today in #Chainlink 🔗

"By being one of the initial protocols to leverage @chainlink on #Avalanche, @BenqiFinance will decentralize one of the fundamental components within the protocol: the price oracle"

Native support @avalancheavax 🔥

"We are excited to announce that @beyondfinanceio is now using #Chainlink Price Feeds to accurately and securely price all of our platform’s synthetic assets during the minting, swapping, redeeming, and/or liquidation processes"

"In @SergeyNazarov’s view, definitive truth that is “acceptable to both counterparties” is “what’s necessary and sufficient for everything to move forward in a better way” than the current status quo, where a bank gets to unilaterally decide what happens"…
Read 4 tweets
Fee comparison, mini-research

(Based on Binance withdrawal transactions, 03/2021)

@Bitcoin : 0.0005 $BTC
≈ $27.02

@ethereum : 0.008 $ETH
≈ $14.56

@Polkadot : 0.1 $DOT
≈ $3.61


#crypto #Bitcoin #Ethereum #Polkadot #DeFi #fees
@OntologyNetwork :1 $ONT
≈ $1.19

@Cardano : 1 $ADA
≈ $1.18

@Dogecoin : 20 $DOGE
≈ $1.14


#crypto #Bitcoin #Ontology #Dogecoin #Cardano
@Dahspay : 0.002 $DASH
≈ $0.475380

@avalancheavax : 0.01 $AVAX
≈ $0.273549

@binance : 0.0008 $BNB on #BSC
≈ $0.218595


#crypto #Binance #BinanceSmartChain #BSC #BNB #Avalanche #Dash
Read 7 tweets
By the time people will realize adoption of #Avalanche $Avax #blockchain could surpass that of #Ethereum it will be too late. Think about how #Facebook replaced #Myspace. Layer2 on ethereum is nail in the coffin. Why? Read below:

#cryptocurrency #Altcoins #ALTSEASON Image
People are slow learner, thats why change is always hated.
What #Ethereum is doing here is forcefully teaching people how to use bridges to use layer2 on $Eth.
Actually this was the only roadblock for all these other layer1 technically superior blockchains $Avax $Atom $Xtz $Ada
So, whats about to happen now;
as people will start using layer2 solution on $eth, they will also learn to migrate to all these other blockchains. (The only learning a user require to move to these other blockchains is to know how to use bridges).
Read 9 tweets
Aircoins Community Update Mega Thread:
1) Hello Everybody, we wanted to take a moment and acknowledge our recent influx of users/investors. For anyone who is new and for people who have been around I have some exciting stats and news to go over.
2) be prepared:
This is going to be a lil bit of a long thread but should be action packed with some juicy details at the end. $airx #AugmentedReality
3)1st of all Aircoins is a mobile app where players can collect digital assets in AR based on geolocation. Using a proof of effort algorithm players are rewarded for their effort while staying active and maintaining a healthy lifestyle.PokemonGo but instead you are finding crypto
Read 19 tweets
Kripto dünyasında son zamanlarda #NFT kavramını sıkça duyar olduk.

Konuyu bilmeyenlerden çok soru geldiği için NFT twit zinciri yapmaya karar verdim.

Bu zincirde her yerde bulabileceğiniz tanım ve teknik detay olmayacak. Bakış açımı yansıtmaya çalışacağım.

Başlıyoruz 👇
Z kuşağı anlam veremeyecek ama; bizim zamanımızda pul koleksiyonu yapmak çok prestijli bir şeydi. Özel albümlerde saklar, asla el değdirmezdik. Yeni pul aldığımızda cımbızla yerleştirirdik albüme..

Nadir pullara epey para harcamışızdır. En seçkin pul koleksiyonu bizim olmalıydı.
İş dünyasına girince koleksiyonerliğin farklı boyutuna şahit oldum..

Tespih koleksiyonu yapanı da gördüm ünlü ressamların tablolarını toplayanı da..

Daha niş koleksiyonerler de var: taş plaklar, kol saatleri hatta şaraplar..
Read 11 tweets
#AVAX #Avalanche #AVAXUSDT

AVAX İki ayda 20X Yaptı! Peki Şimdi Sırada Ne Var? Avalanche Teknik Analizi ve Değerlendirmelerim

Youtube Linki:
Arkadaşlar bakar mısınız destek noktamız nasıl çalıştı?
#avax Image
Dünkü video analizinden sonra oluşan üçgen formasyonumuz. Bu üçgen içinden gerçekleşen kırılımlar bize yön konusunda fikir verecektir. #avax #avalanche Image
Read 10 tweets
1. ♥Ethereum is still the most actively developed Blockchain protocol, followed by #Cardano and #Bitcoin ;

♦Multi-chain protocols like #Polkadot , #Cosmos and #Avalanche are seeing a consistent rise in core development and developer contribution.
2. ♦In the year of its public launch, decentralized file storage project #Filecoin jumped straight into the top 5 of most actively developed projects;

#Ethereum killers #Tron, #EOS, #Komodo, and #Qtum are seeing a decrease in core development metrics;
3. #DeFi protocols took the space by storm with #Ethereum being the choice of the underlying blockchain and smart contracts platform. They saw an increase in core development and developer contribution activity over the year which was all open sourced.
Read 7 tweets
#Austria #tirol / #Tyrol #Weather #Warning #avalanche

Lots of fresh snow and strong winds increase the risk of avalanches in Tyrol. The avalanche warning service announced the highest warning level 5 for East Tyrol.
The report said that spontaneous avalanches "occasionally also extremely large" are to be expected. Large and very large sliding snow avalanches are to be expected on steep slopes below around 2600 meters. During the day, up to 110 centimeters of fresh snow should fall.
In the north of Tyrol, the second highest warning level applies. Avalanches could reach the valley there and endanger traffic routes, it said. Because of the heavy snowfall, train connections on the Brenner are interrupted in South Tyrol.
Read 5 tweets
Today marks the first week anniversary of the birth of #Avalanche. I want to quickly recap where we are, what we’ve been up tin that first week, and what we’re planning to do.
With Avalanche, we’ve innovated at every level of blockchain networks. Foundationally, with a breakthrough in consensus protocols, and then continuing, layer-by-layer, to evolve areas like network and virtual machine models that other projects had skipped over.
In doing so, we built the first smart contracts platform that delivers sub-second finality, supports the entirety of the Ethereum virtual machine and development toolkit, and enables up to millions of independent validators to participate as full, block-producing nodes.
Read 12 tweets
Daily Bookmarks to GAVNet 09/06/2020…
xTrends on Twitter: They are moving $30 trillion market with a few billion.…

#market #stocks
The violent blasts that can add to an avalanche’s devastation : Research Highlights…

#avalanche #research
Read 6 tweets
#Avalanche platformu ve platformun native token'ı #AVAX üzerine bir tweet dizisi hazırlamak istiyorum. Hem teknik yönlerinden hem rakiplerinin göre avantajlarından hemde ekonomik yönlerinden bahsedecegim. Ara sıra güncelleyeceğim bir tweet dizisi olabilir.
Öncelikle Avalanche nedir?
Avalanche merkeziyetsiz uygulamalar geliştirmenize olanak sağlayan bir platform. Tabi diğer platformlara nazaran bu kadar sığ bir tanıma sığmayacak kadar esneklik sağlıyor.
Token oluşturmanın yanında blockchain'ler ve subnet'ler(alt ağ) oluşturmanıza olanak sağlıyor. Oluşturduğunuz blockchain'lerde farklı VM'ler kullanabilirsiniz. Bu esneklikler geliştiriciler için önemli artılar.
Read 18 tweets
Before and After satellite images of #Avalanche Lake area near Ooty show the landslides that happened due to the extreme rainfall that happened last week.

@karthickselvaa @dhanyarajendran @ChennaiRains @praddy06 @RainStorm_TN @journomayank @tnsdma @CMOTamilNadu @Saislakshmanan
Read 3 tweets

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