Discover and read the best of Twitter Threads about #LoopDEX

Most recents (7)

Not happy with your CEX life? 🤷🏻‍♂️

We don't blame you 🙏🏻

But, perhaps, you don't yet know the difference between CEX vs DEX 💡

In light of last week's events, let's do a quick review of the two 👇🏻
A cryptocurrency exchange is a platform that allows users to buy and sell digital assets.

A decentralized crypto exchange (or DEX) is a platform that allows users to trade digital assets without the need for a central authority.

Loop Finance has built a decentralized exchange.
The main difference between these two types of exchanges is who controls the platform.

Centralized exchanges (CEX) are controlled by a single entity, while decentralized exchanges are controlled by a network of users.
Read 5 tweets
In light of recent events in the crypto-sphere, it's more important than ever to know the difference between CeFi vs DeFi 💡

Below, we'll get into all the differences between a CEX vs DEX 👇🏻

loop.es/CEX-vs-DEX Image
Loop is a Decentralized Exchange (among other things). This means you ALWAYS hold the keys to your crypto.

As in the case of FTX last week, we can see that it's not always the case.

FTX is a CeFi platform/Centralized Exchange (CEX).

Which best fits your needs? 🤷🏻‍♂️ 👇🏻
There are several factors to consider. These include:

🔸Security
🔹Regulatory compliance
🔸Customer support
🔹Payment methods

Additionally, it is important to decide which coins or tokens you want to trade.
Read 4 tweets
📣Juno Weekly News, August15-21 📰

What happened last week to @JunoNetwork
👉Answer: #BUIDLing 🚀

Let's have a look at #JUNO 's recent activity through @coinhall_org 's article and the picture below👇

#Junonauts $JUNO
@JunoNetwork @coinhall_org 2. This is #DeFi news

@Levana_protocol Launching Their Options Protocol on Testnet.

1) What are Options
2) How to learn to use them
3) Put Options & how they can be used similar to insurance

Learn more👇


#realyield #JUNO #Junonauts #IBC #Options
Read 12 tweets
Unlocking $LunaX's potential and adding flexibility to staking…

That's what Stader has been up to this week.

Here's everything you might have missed...⏬⏬
Read 6 tweets
Three simple ways to profit during turbulent markets using Stader.

A.K.A. The easiest way to multiply your yield, outsmart impermanent loss and liquidation risks.

🧵🔽
In volatile times, the market can be a dangerous place.

Like a minefield full of impermanent loss, volatility, or even liquidation.

For others, it is actually a huge sea of new opportunities.

These are three easy ways to profit during turbulent markets with Stader.
#1 - Staking

One of the safest options out there.

Why?

It is an easy way to earn a guaranteed yield without the risk of liquidation.

Plus, as the turbulence in the market rises, the staking rewards as well.

For example:
Read 9 tweets
🚨🚨 LOOP DUAL-INCENTIVE FARMING 🚨🚨

We're excited to share that LunaX-Luna LP went LIVE on #LoopDEX: dex.loop.markets/pool#provide

Here are the things you need to keep in mind…👇👇
#1 - Say Hello to Dual Incentives

Join the LP and you get both $LOOP and $SD rewards

#2 - SD rewards

@loop_finance and @terraswap_io pools are eligible to receive total of 15000 SD per day till end of Feb ’22

Next...
#3 - Farmed $SD Vesting

Your farmed $SD tokens will continue vesting even if you move to #LoopDEX.

Ensure you have same or higher Luna <> LunaX across Loop and Terraswap.

#4 - Where to See Rewards?
Read 4 tweets
Been noticing most people seem to love the #LoopDEX aUST-UST pools...and others don't understand why we even have it.

Let me explain 🧵👇
Two main reasons for this:

1) Convenience for our users to transact with multiple assets all on one site.
2) It's good to have options for users to exchange UST for aUST. If nothing else, it at least helps to decentralize.
But isn't the Loop aUST-UST pool more expensive than Anchor?

Yes, it's the price of convenience.

However, we won't let you get rekt. If slippage is higher than 1%, the trade won’t go through.

And this is what users see when this happens:
Read 5 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!