Discover and read the best of Twitter Threads about #AvalancheRush
Most recents (13)
🧵 on some of the major smart contract chains, their different approaches, and how HOPEFULLY (for the love of all that is holy) we are moving away from simply "X chain is superior because it did XXXX TPS on a closed environment testnet"
#Ethereum #terraluna #Solana #AVAX
#Ethereum #terraluna #Solana #AVAX
As @epolynya has alluded to several times, #TPS numbers are almost meaningless now. Especially anything under 100k.
At the risk of having this thrown in my face 5 years from now, TPS is essentially solved.
At the risk of having this thrown in my face 5 years from now, TPS is essentially solved.
This is due to many things but some reasons include:
- #modular designs (@CelestiaOrg, #ETH + #rollups, and @avalancheavax to an extent)
- Rollups, in general, and how they can somewhat "defeat" the #ScalabilityTrilemma
- @IOHK_Charles & his giga brain (ok maybe not this 😉)
- #modular designs (@CelestiaOrg, #ETH + #rollups, and @avalancheavax to an extent)
- Rollups, in general, and how they can somewhat "defeat" the #ScalabilityTrilemma
- @IOHK_Charles & his giga brain (ok maybe not this 😉)
#Avalanche'daki en iyi geliştirici gruplarından biri @romeblockchain Labs'den bahsetmek istiyorum.
Gözüme çarpan bu cümle ekibi anlatmaya yetiyor aslında. "Rome wasn't built in a day".
Yani adamlar iki ay ayırıp basit bir fork yapmıyorlar. Orjinal fikirler geliştiryorlar.
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Gözüme çarpan bu cümle ekibi anlatmaya yetiyor aslında. "Rome wasn't built in a day".
Yani adamlar iki ay ayırıp basit bir fork yapmıyorlar. Orjinal fikirler geliştiryorlar.
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Rush öncesi adlarını duymaya başlamıştık ama bir süredir duymuyoruz. Çünkü adamlar sadece geliştiriyorlar.
Geliştirdikleri dapplerden genel olarak bahsetmek istiyorum. En son da bu bilgiseline başlama nedenim olan projeden bahsedeceğim.
Hepsini takip edin, hepsini.
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Rush öncesi adlarını duymaya başlamıştık ama bir süredir duymuyoruz. Çünkü adamlar sadece geliştiriyorlar.
Geliştirdikleri dapplerden genel olarak bahsetmek istiyorum. En son da bu bilgiseline başlama nedenim olan projeden bahsedeceğim.
Hepsini takip edin, hepsini.
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Şimdiye kadar neler yaptılar?
/Binance'da listelenen ilk #Avalanche native projesi @BenqiFinance.
/Arbitrage ve liq fırsatlarından yararlanmak için bir dapp @KuuFinance (artık başka bir ekip devam ediyor)
/Limit emir verebileceğim bir dapp @Velox_global_
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Şimdiye kadar neler yaptılar?
/Binance'da listelenen ilk #Avalanche native projesi @BenqiFinance.
/Arbitrage ve liq fırsatlarından yararlanmak için bir dapp @KuuFinance (artık başka bir ekip devam ediyor)
/Limit emir verebileceğim bir dapp @Velox_global_
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You may have noticed a big jump in the yields across @Aaveaave, @CurveFinance & @BenqiFinance on #Avalanche today. Let’s take a minute to look at what #AvalancheRush has already done for the ecosystem:
Rush is the largest DeFi incentive program ever, now valued at over $600M dollars. Since it was announced on August 18th, the growth of Avalanche has been nothing short of incredible.
In the 50 days since the announcement, Total Value Locked on Avalanche has skyrocketed from $312M to between $4.5B-$5.4B (depending on which source you use: @DefiLlama or @ioMarkr)
My Strategy for Optimising Returns for Incoming #AvalancheRush
Epic 20-part thread incoming...
DISCLAIMER: DYOR, NOT INVESTMENT ADVICE, THIS MAY INVOLVE HIGH RISK
1/19
Epic 20-part thread incoming...
DISCLAIMER: DYOR, NOT INVESTMENT ADVICE, THIS MAY INVOLVE HIGH RISK
1/19
Hi All, it’s been quite a few months (May-21) since my last deep-dive into @avalancheavax $AVAX #defi investment strategies – frankly it’s become a FT job managing a larger portfolio & +EV was to focus on taking care of the $$$
Last Serious Post
2/19
Last Serious Post
2/19
Now that #AvalancheRush is at our doorsteps - @kevinsekniqi has *promised* TODAY for @AaveAave $AAVE launch+rewards - I thought I'd gather my thoughts on how you might best position your @avalancheavax $AVAX native portfolio to take full advantage
3/19
3/19
1/ #Avalanche is the fastest smart contracts platform as measured by time-to-finality.
Amongst many strengths, compatibility with the Ethereum Virtual Machine (EVM) from day 1 has been a catalyst for Avalanche's growth and is critical towards its mainstream adoption.
A 🧵
Amongst many strengths, compatibility with the Ethereum Virtual Machine (EVM) from day 1 has been a catalyst for Avalanche's growth and is critical towards its mainstream adoption.
A 🧵
2/ What’s the EVM?
A computation engine acting as a decentralized computer. All Ethereum nodes run the EVM to maintain consensus.
#Avalanche also runs the EVM but instead, is powered by faster consensus that enables near-instant tx finality, low fees, & high decentralization.
A computation engine acting as a decentralized computer. All Ethereum nodes run the EVM to maintain consensus.
#Avalanche also runs the EVM but instead, is powered by faster consensus that enables near-instant tx finality, low fees, & high decentralization.
3/ ELI5: The EVM essentially allows an instance of Ethereum to seamlessly run on top of Avalanche.
1/ #Avalanche Rush has barely even begun yet and looks set for exponential growth over the coming months
With Major DeFi Blue Chip Protocols about to launch, $10 Billion+ Dollar Asset classes, Trillion dollar markets, Exchange Listings, Subnets & more
Have you bridged yet?
🧵👇
With Major DeFi Blue Chip Protocols about to launch, $10 Billion+ Dollar Asset classes, Trillion dollar markets, Exchange Listings, Subnets & more
Have you bridged yet?
🧵👇
2/ Currently only @BenqiFinance incentives are live on Avalanche Rush and within 2 weeks since launching it has more attracted more than $2 Billion TVL 👀
That is more than Fantom, Cosmos Hub, Tezos, NEO, Algorand, Cardano, Polkadot, Optimism & Arbitrum COMBINED 🤯
That is more than Fantom, Cosmos Hub, Tezos, NEO, Algorand, Cardano, Polkadot, Optimism & Arbitrum COMBINED 🤯
3/ The program has barely started yet
Incentives used: Less than $1 Million
Incentives to go: $469 Million
$AVAX Price: 3x in 3 weeks
With Many DeFi Blue Chips soon to go live
@AaveAave @CurveFinance @SushiSwap @paraswap @yayprotocol @AvalaunchApp @pangolindex and more to follow
Incentives used: Less than $1 Million
Incentives to go: $469 Million
$AVAX Price: 3x in 3 weeks
With Many DeFi Blue Chips soon to go live
@AaveAave @CurveFinance @SushiSwap @paraswap @yayprotocol @AvalaunchApp @pangolindex and more to follow
Summary of "Avalanche 🤝 Chainlink" by @DastardlyDaniel for @CL_Community & @scribedao since Avalanche has been on fire lately
#Avalanche + #Chainlink could have the flexibility needed to be the foundation of the “internet of finance.”
How? Let’s take a look🧵👇
#Avalanche + #Chainlink could have the flexibility needed to be the foundation of the “internet of finance.”
How? Let’s take a look🧵👇
When Chainlink price feeds went live on Ethereum, DeFi exploded and projects like @AaveAave & @synthetix_io surged into billion dollar giants.
Now, Chainlink data feeds are available on Avalanche, granting similar opportunities to protocols new and native to $AVAX. But first,
Now, Chainlink data feeds are available on Avalanche, granting similar opportunities to protocols new and native to $AVAX. But first,
What’s #Avalanche ?
- An L0 blockchain platform built around a new consensus mechanism
- Consists of sub-nets of three main chains emphasizing low-latency, high throughput and scalability.
- There are many more details to the platform, deff read the 101: medium.com/avalancheavax/…
- An L0 blockchain platform built around a new consensus mechanism
- Consists of sub-nets of three main chains emphasizing low-latency, high throughput and scalability.
- There are many more details to the platform, deff read the 101: medium.com/avalancheavax/…
CANARY NOW SUPPORTS NEW AVALANCHE BRIDGE (AB) TOKENS! 📢
As everyone knows Avalanche launched a new bridge
The new bridge tokens have “.e” extension at the end of their names.
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As everyone knows Avalanche launched a new bridge
The new bridge tokens have “.e” extension at the end of their names.
👇
As Canary, we will start supporting new bridge tokens from August 25th.
As of August 25, 09:00 EST (13:00 GMT), the rewards of our old pools will be finished.
You will see both old and new pools in the App.Canary interface.
👇
As of August 25, 09:00 EST (13:00 GMT), the rewards of our old pools will be finished.
You will see both old and new pools in the App.Canary interface.
👇
What you need to do is very simple.
You have to leave the old pools and enter the new pools.
For this, follow these steps:
1. Unstake your liquidity from old pool
app.canary.exchange/#/earn
You have to leave the old pools and enter the new pools.
For this, follow these steps:
1. Unstake your liquidity from old pool
app.canary.exchange/#/earn
I was recently asked for a high-level overview of @yieldyak_ and $YAK. Here goes…
Disclaimer: Not financial advice. Do your own research etc.
Disclaimer: Not financial advice. Do your own research etc.
What is Yield Yak and what is the $YAK token?
Yield Yak is a yield optimizer on the Avalanche network (c-chain, specifically). You can stake your crypto assets (single asset staking) or you can LP on a DEX and deposit that LP to Yield Yak’s auto-compounder.
Yield Yak is a yield optimizer on the Avalanche network (c-chain, specifically). You can stake your crypto assets (single asset staking) or you can LP on a DEX and deposit that LP to Yield Yak’s auto-compounder.
This takes the rewards you would earn from providing liquidity and then it sells those rewards for more LP tokens. Essentially growing your stack without having to do anything (the reinvesting is managed by the community auto-magically).
1/ Yesterday, the #Avalanche Foundation announced the biggest #DeFi incentive program to date. This will catalyze the next phase of hyper-growth that I’ve been personally looking forward to since launching Avalanche mainnet last year.
2/ All facets of the DeFi ecosystem need to co-exist and collaborate to create a functioning and widely adopted digital financial system: automated market makers (AMMs), DEXs, borrowing and lending protocols, insurance protocols, and the list goes on.
3/ It’s crucial to have all DeFi primitives working and communicating with each other flawlessly. DeFi users also need a seamless experience to participate in the ecosystem.
#AvalancheRush
Here are my initial thoughts on @BenqiFinance $QI
-Super smooth launch so far (congrats to QI team!)
-UI is slick & a lovely experience
-#Defi on @avalancheavax $AVAX is silky smooth & fast, by far my favourite L1 to do stuff. Soooo much better than #Ethereum
1/8
Here are my initial thoughts on @BenqiFinance $QI
-Super smooth launch so far (congrats to QI team!)
-UI is slick & a lovely experience
-#Defi on @avalancheavax $AVAX is silky smooth & fast, by far my favourite L1 to do stuff. Soooo much better than #Ethereum
1/8
- @BenqiFinance $QI has launched on @kucoincom
Currently at $0.056, a 6x from IDO Price of $0.009
Circulating Mkt Cap is still a modest ~$18m
2/8
Currently at $0.056, a 6x from IDO Price of $0.009
Circulating Mkt Cap is still a modest ~$18m
2/8
Meanwhile, @BenqiFinance $QI is already at $90m TVL
The market leader @AaveAave $AAVE, on the other hand has $13 BILLION
3/8
The market leader @AaveAave $AAVE, on the other hand has $13 BILLION
3/8
Yesterday, I wrote this thread about why I thought NOW was the right time to invest in @avalancheavax $AVAX, why NOW was going to mark the start of #AVAXdefisummer
There are clear macro drivers & near-term catalysts for my belief as outlined
1/7
There are clear macro drivers & near-term catalysts for my belief as outlined
1/7
As many of you know, I was until recently consulting on #defi @avalabsofficial. They didn't provide any confidential info, but it was clear from my interactions & research that something was brewing. Partnerships & investments were being made, sh*t was happening
2/7
2/7
As part of my general research, I looked into incentivised liquidity mining @0xPolygon $MATIC. $75m incentives assisted in creating +$8.5m in circulating market cap gains
3/7
3/7
A thread on why NOW is the time to invest in @avalancheavax $AVAX
I've been tweeting it, but for posterity, I want to state here that I think this week marks the start of AVAX #defi summer
Here are my reasons:
1/7
I've been tweeting it, but for posterity, I want to state here that I think this week marks the start of AVAX #defi summer
Here are my reasons:
1/7
a) General macro renewed interest in L1s
Specific catalysts:
b) @BenqiFinance $IQ launch Aug-19 with incentives
c) @AvalaunchApp $XAVA launch this week
2/7
Specific catalysts:
b) @BenqiFinance $IQ launch Aug-19 with incentives
c) @AvalaunchApp $XAVA launch this week
2/7
a) General macro renewed interest in L1s, with @solana $SOL & @terra_money $LUNA leading & $AVAX now following
Not that SOL & LUNA are better, just that they're larger cap & more visible. At this stage, I'm loading up on $AVAX > SOL/LUNA (though IMO both deserve a place)
3/7
Not that SOL & LUNA are better, just that they're larger cap & more visible. At this stage, I'm loading up on $AVAX > SOL/LUNA (though IMO both deserve a place)
3/7
