Discover and read the best of Twitter Threads about #SolanaSzn

Most recents (22)

IMPACT OF SABER LP TOKEN PROPOSAL ON SOLEND   
 
Lately, the proposal of the addition of the @Saber_HQ  LP token to be an asset on @solendprotocol has been executed. Check the thread below to see the impact of this addition.
 
#Solanaszn #impact $SLND $SBR Image
@Saber_HQ @solendprotocol 1. @solendprotocol is by far the largest lend-borrow market on Solana, with over $1B of user deposits.
However, over $234M of this is in USDC or USDT ~ ¼ total deposit. If this were in Saber, it would earn both swap fees and contribute to TVL of both protocols

#Solanaszn #impact
@Saber_HQ @solendprotocol 2. So, based on this, there was a proposal of 85,000 SBR of incentives for borrowing USDC-USDT LP on @solendprotocol

#Solanaszn #impact
Read 10 tweets
SOLANA MONEY ATTRACTION ?

The @solana ecosystem is now experiencing a major decline in comparison with other large ecosystem. So, does Solana ecosystem still attract the money flow?
Check this thread below.

#Solanaszn #money #attraction Image
@solana 1. Price & TVL correlation
Each time the $SOL price witnessed a major decline, the same happened with the TVL of the ecosystem. However, until now, the $SOL price is now creating the lower low since Dec 4th crash, but the TVL of the ecosystem...

#Solanaszn #money #attraction Image
@solana 2. Price & TVL correlation
... still stabilize above $10B. Another way of understanding, I believe the money flow is more appeared in the Solana ecosystem more than the native token itself. Now let's find out where exactly the money stay?

#Solanaszn #money #attraction
Read 12 tweets
WHAT IS WEB3 AND WHY WEB3 MATTERS?

1.The world has experienced the evolution of web from web 1.0 to web 3.0 now since the dawn of internet.
So what is actually web3.0 and why does it matter?

#Solanaszn #web3
2. Let's start with the evolution of web.
The web 1.0 start from the first of Internet in 1994 to 2004.
The characteristics of web 1.0 are Centralized, Less-Interactivity and Desktop-based.

#Solanaszn #web3
3. Let's start with the evolution of web.
The web 1.0 started from the first of Internet in 1994 to 2004.
The characteristics of web 1.0 are Centralized, Less-Interactivity and Desktop-based.

#Solanaszn #web3
Read 10 tweets
THE NEXT LARGEST LENDING AND BORROWING PROJECTS ON #SOLANA

1. The largest lending and borrowing project on Solana now is @solendprotocol . However, as history taught us, nothing lasts forever (expect BTC). Shall @ApricotFinance be able to overthrow solend?

#Solanaszn #compare
@solendprotocol @ApricotFinance 2. In the overall section, the statistics of both projects showed the same/ relatively small differences between two projects, except for the TVL.
The TVL of solend outperforms the TVL of apricot up to 255%. What a differences.

#Solanaszn #compare
@solendprotocol @ApricotFinance 3. On the L&B characteristics, the total supply and total borrow of @ApricotFinance cannot compare with the Solend. This phenomenon may happen due to the time of incentive programs between two projects.

#Solanaszn #compare
Read 9 tweets
UNIQUE CHARACTERISTIC OF DEX IN #SOLANA

1. The Dex sector of @solana is one of the strongest sectors in the market. Let’s take a look at the unique characteristics and the impact along with it.
@RaydiumProtocol @ProjectSerum @AtrixProtocol @Saber_HQ @orca_so

#Solanaszn #unique Image
@solana @RaydiumProtocol @ProjectSerum @AtrixProtocol @Saber_HQ @orca_so 2. Starting with @RaydiumProtocol - the largest DEX on Solana. Besides their ecosystem with staking, launchpad, and NFT, they also have many unique characteristics to stand out. Raydium is the project connected with @wormholecryptoto bring along the asset from Ethereum to Solana.
@solana @RaydiumProtocol @ProjectSerum @AtrixProtocol @Saber_HQ @orca_so 3. The number of transferred assets is enormous, such as: UNI, SHIB, AXS, DYDX, ..
Moreover, they integrated Serum with SRM as rewards for the fusion pool. With those characteristics, Raydium ranked 1st in the top TVL of Solana and in the top DEX of the market in trading volume.
Read 11 tweets
DEX COMPARISON BETWEEN #SOLANA AND #FANTOM

This week, we have checked out the comparison between Solana and one of the most-growing ecosystems - Fantom. Today, let’s dive more in the DEX sector of the ecosystem

#Solanaszn #DEX #comparison
DEX COMPARISON BETWEEN #SOLANA AND #FANTOM

We choose the largest DEX of the two ecosystems for comparison.
@RaydiumProtocol from Solana
@SpookySwap fromFantom

#Solanaszn #DEX #comparison
@RaydiumProtocol @SpookySwap DEX COMPARISON BETWEEN #SOLANA AND #FANTOM

As can be seen from the table, all metrics that we put in comparison all showed dominance of Raydium to SpookySwap. Which partly showed the scale of DEX in Solana ecosystem to the DEX in Fantom ecosystem.

#Solanaszn #DEX #comparison
Read 5 tweets
NEXT DESTINATION OF MONEY FLOW IN #SOLANA?

1. Each sector of Solana has been filled up with money lately. And you guys want to have an overview of the next destination of money in Solana. Let’s check this thread.

#Solanaszn #money #next Image
NEXT DESTINATION OF MONEY FLOW IN #SOLANA?

2. In theory, the money flow would be described: $ -> Layer 1 -> DEX -> L&B -> Yield Farming/ Staking -> Infrastructure -> Oracle -> Other trend -> $

#Solanaszn #money #next
NEXT DESTINATION OF MONEY FLOW IN #SOLANA?

3. However, the practical is not the same as the theory.
After filling out our layer 1 - $SOL, the money flow continued to find a new destination.

#Solanaszn #money #next Image
Read 14 tweets
POTENTIAL GROWTH FOR NFT LANDSCAPE OF #SOLANA

The NFT landscape is one of the most growing sectors of Solana in comparison to the crypto market. Let’s be with @solana_daily to see the potential growth of it.

#Solanaszn #NFT #potential Image
POTENTIAL GROWTH FOR NFT LANDSCAPE OF #SOLANA

With nearly $1B market cap, and $34M trading volume per day, this sector contains a huge potential in the future. However, until now, collectibles on Solana only have several use case

#Solanaszn #NFT #potential
POTENTIAL GROWTH FOR NFT LANDSCAPE OF #SOLANA

The collectibles are now mostly for personal owning or even being traded in the marketplace. Some projects expand on its use case. Such as Orca: The users are able to stake Orca collectibles for rewards.

#Solanaszn #NFT #potential
Read 9 tweets
UNDERSTAND CROSS-CHAIN BRIDGE

Currently, there are numerous bridges, which are constructed to connect Solana to other blockchains. But do we truly understand what bridges are?
Let's take a look with @solana_daily to understand the mechanism of bridges

#SolanaSummer #Solanaszn Image
UNDERSTAND CROSS-CHAIN BRIDGE

Each blockchains can be considered as an independent nation, and cross-chain bridges serve as a tool for more convenience in trading goods between these nations.

#SolanaSummer #Solanaszn
UNDERSTAND CROSS-CHAIN BRIDGE

The more the crypto market evolves, the more prosperous the market becomes. With the help of bridges, blockchains can connect together to serve the mutual benefit of the market.

#SolanaSummer #Solanaszn
Read 6 tweets
TVL ON #SOLANA - CATEGORY DOMINANCE

The TVL distribution on @solana has had some major changes since the last 7D.
Let’s be with @solana_daily to look at the changes in the TVL ecosystem.

#SolanaSummer #Solanaszn Image
@solana TVL ON #SOLANA - CATEGORY DOMINANCE

The Dex Sector has reduced its ratio, from 61% to 55% this week, whereas raito the TVL of Yield sector raised 50% last week, from 21.5% to 29%.

#SolanaSummer #Solanaszn
@solana TVL ON #SOLANA - CATEGORY DOMINANCE

This phenomenon is contributed by the comeback of @SunnyAggregator. Sunny alone took up $2.36B TVL of the Sector, raising the TVL of Yield to the total of $3B.

#SolanaSummer #Solanaszn
Read 7 tweets
STABLECOIN MAP TO #SOLANA

Lately, @Saber_HQ and @Allbridge_io have together connected @solana to many other blockchains for the flow of the stable coin. Until now, numerous stable coin appeared on Solana, mostly through the pool on Saber

#SolanaSummer #Solanaszn
@Saber_HQ @Allbridge_io @solana STABLECOIN MAP TO #SOLANA

The available stable coin on @solana are USDT, USDC, and PAI of @gopartyparrot.

#SolanaSummer #Solanaszn
@Saber_HQ @Allbridge_io @solana @gopartyparrot STABLECOIN MAP TO #SOLANA

With @Allbridge_io, Solana is welcoming BUSD from BSC @BinanceChain , cUSD from CELO @CeloOrg, apUSDC, apUSDT & MAI from Polygon @0xPolygon

#SolanaSummer #Solanaszn
Read 4 tweets
TVL RATIO OF PROJECTS IN #SOLANA ECOSYSTEM

The TVL ratio in the formula is defined as Total Market Cap / TVL. In most cases, it helps determine whether a project is undervalued or overvalued.

#SolanaSummer #Solanaszn
TVL RATIO OF PROJECTS IN #SOLANA ECOSYSTEM

The top 5 TVL projects, their ratio and their mkt cap are
@Saber_HQ 0.02251 $69M
@RaydiumProtocol 0.49299 $756M
@SunnyAggregator 0.00916 $12M
@Solfarmio 0.03502 $25M
@ProjectSerum 0.67129 $417M

#SolanaSummer #Solanaszn
@Saber_HQ @RaydiumProtocol @SunnyAggregator @Solfarmio @ProjectSerum TVL RATIO OF PROJECTS IN #SOLANA ECOSYSTEM

As can be seen from the data, both @RaydiumProtocol and @ProjectSerum are now achieving a relatively fair value. With both TVL ratios nearly 0.5, they still have room to grow but not so fast.

#SolanaSummer #Solanaszn
Read 8 tweets
0/What’re the next steps for @solana? A thread

In the “cool down” time like this, it’s a great chance for us to slow down and look for what the ecosystem need

This thread will share some of our views on what is lacking and what we think will trigger the next explosion on Solana
1/ Assets Issued
This infographic from @Coin98Analytics and @Saros_Finance shows us that total assets issued on Solana are still small compared to Ethereum and BSC. Image
2/ To find the answer to this problem, we have tried to create a pool on Solana. What’s surprised us is that right now, Solana doesn’t have a Permissionless AMM.
Read 21 tweets
THE GROWING STABLECOIN SUPPLY ON #SOLANA

Lately, the USDC supply has achieved $2.5B and the number is $1.14B with USDT. The steady growth showed that the big money flow is ready to come into projects on Solana as well as the TVL.

#SolanaSummer #Solanaszn Image
THE GROWING STABLECOIN SUPPLY ON #SOLANA

As can be seen from the table, we calculated the growth in terms of percentage between times to times each minting event of a stable coin. The statistics show a growth rate of 138% with USDT and 120% with USDC.

#SolanaSummer #Solanaszn
THE GROWING STABLECOIN SUPPLY ON #SOLANA

With all that projection, we expected that with a steady growth rate currently, the USDT supply would be able to balance the USDC supply after a 5 minting event of both stable coins. Let the time answer this.

#SolanaSummer #Solanaszn
Read 3 tweets
A quick primer on how generative models have evolved!
🧵
For most of the last few years, 'Generative Adversarial Networks' were the best. Very simply, they played two AI's off against each other, the generator tried to trick the discriminator into believing the images it made were real, while the discriminator tried to distinguish them
But it is terrifically difficult to balance their training. It is easy for the discriminator to become so good that the generator cannot trick it - which mean's the generator no longer has any positive examples to learn from.
Read 6 tweets
Launching from stealth mode, @ContrastiveNFT is a new NFT art collection focused on harnessing our imaginations through generative AI built on @Solana
🧵
Contrastive harnesses state of the art transformer models to distill our collective imagination. What prompt do you think led to this image?
We were inspired by the power of generative models to give life to scenes previously locked within our minds. This allows for a new era of personalised expression, and lays the foundations for truly immersive experiences as the technology matures. Holo deck v0.1!
Read 6 tweets
1/ After a hard time considering different projects, @solana just announced the winners of Solana Season Hackathon, which includes a total of 39 cutting-edge teams.

Below is the list of winners👇
#solanaszn $SOL Image
2/ @ZetaMarkets – an under-collateralized DeFi options platform has won the grand prize with total $30K + $1500 airfare stipend + 2 tickets to Solana event in Lisbon in November.
3/ For DeFi Track, the winners are @solendprotocol – an algorithmic, decentralized protocol for lending and borrowing, @defi_land – a multi-chain agriculture-simulation web-game created to gamify DeFi, and @switchboardxyz – a decentralized, community curated oracle network.
Read 20 tweets
1/ Since joining @solana in February I've been focusing on ecosystem growth and support for Solana projects, it's been fascinating seeing how fast the ecosystem is growing firsthand.

Below are some of my observations from working within the #solanaszn hackathon 🧵
2/ Each Solana Hackathon presents an opportunity for teams to jumpstart their project and join the fastest growing ecosystem in crypto.
3/ For ongoing #solanaszn hackathon we had over 13,000 builders, designers, marketers, and operators registering for it: (Crazy, I know 🙃🤩)
Read 13 tweets
1) The first round of @samoyedcoin #airdrops has been finished!!! We had amazing response and in just two days time we gave away around 1.6m $SAMO! 8.4m left to go!!! The @samoyedcoin community is absolutely amazing and we were so happy to see so many new join!
2) Many new people from the @solana community are now part of the #SAMOArmy! The last epoch's performance is below. This is the performance across all validators on the network. To everyone who staked tokens, thank you for staking with #GenesysGo!!!! Image
3) A couple of housekeeping items: Epoch 187 just wrapped up. Everyone who staked with us during Epoch 187 received 100 SAMO for every 1 $SOL they staked. *PLEASE NOTE: IF YOUR STAKE SAYS ACTIVATING THEN THAT MEANS YOU STAKED IN THE NEW CYCLE AND YOUR DROP IS COMING IN 3 DAYS*
Read 6 tweets
Today the team had their first discussion regarding allocation, up until now everyone has been putting all their effort into the project nonstop with no idea what is in store for them

@NinjaSolProto
We didn’t talk about it too much tbh, everyone just really loves $NINJA and what we have built here in such a short time, our community fuels us.

Positive feedback loops
still it had to be talked about as we look to finish out the last remaining spots on the team before the start of the hackathon
Read 8 tweets
#Thread

1/ @ProjectSerum and the vision to flourish the ecosystem no.1

The thread explains the idea behind Serum, how Serum will flourish and an illustrative case about Raydium.

Based on Serum, SRM, and an Ecosystem for the Future - @SBF_Alameda
2/ First, let talk about Serum DEX.
Serum DEX is a permissionless and trustless decentralized exchange with an on-chain central limit order book model (CLOB).
3/ Why order book?
It’s clear that AMM model still dominates DEXes nowadays but why Serum still choose to walk in this challenging route?
Read 17 tweets
1/Announcing the Solana Season Hackathon! #solanaszn

🏆 Up to $1 million in prizes/seed funding
🌍 Anyone with an internet connection can join
4️⃣ Additional regional tracks
🗓️ Running May 15 - June 7
🏁 Registration is live today
2/The hackathon will bring together developers, designers, and business operators from around the world moving the DeFi, Web3, and NFT ecosystems forward by leveraging Solana's speed, low fees, and scalability.

Sign up & build at solana.com/solanaszn
3/Track 🐻: Eastern Europe - a $155k prize pool supported by @hackenclub, @gate_io, @ProjectSerum, Velas @i_am_hapi_one, and @akashnet_
Read 9 tweets

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