Discover and read the best of Twitter Threads about #pancakeswap

Most recents (9)

1/ I don't think Auto-Compound is beneficial for people with large amounts of $cake. The 2% fee is high in comparison to the fee for compounding. The next few tweets will lay out my assumptions and math. Would like people to tell me where I am right/wrong here. @PancakeSwap
2/ Assumptions:

Price of BNB: $600
Price of $Cake: $41
Cost to Compound: 0.001 BNB ($0.60) <--and this is high since it normally doesn't cost this full amount
# of Harvests per day / 24
Auto-compound fee: 2%

@PancakeSwap #PancakeSwap
3/ Math:

Cost to Compound * # of Harvests = you pay $14.40 in daily fees or 0.35 $cake per day

0.35 $cake / 2% fee = 17.6 $cake

If you make more than 17.6 $cake per day, it is worse to auto-compound versus manually compound.

Am I missing something here?

@PancakeSwap
Read 4 tweets
$GLCH is the first ‘for purpose’ #Defi Blockchain
💰$23M Market Cap
🔓Most Private/Seed/Presale Tokens Unlocked
🤝Partners with $ORN #API3 $RAMP $UNN $CELL $ROUTE
🤝@JeffKirdeikis CEO @TrustSwap is a Strategic Advisor
👨‍🔧Project Leads are Public & Visible
coingecko.com/en/coins/glitc… ImageImageImage
$GLCH #Blockchain
vs #DeFi Blockchains
$XRP $XLM $ETH $AVAX $SOL (All >$4B Cap)
✅Faster TX finality time
✅Amongst the highest throughput
✅No vulnerability to 51% attacks

⚠️Per image both $SOL and $AVAX have experienced notable bugs that dramatically slowed their networks ImageImage
$GLCH Tokenomics

$23M Market Cap
$45M Fully Diluted Cap
👀FDMC is >100X lower than $AVAX – HUGE Upside
46M Circulating Supply
88,888,888 Max Supply

🔓Just under 3M Private Sales Tokens Left to Unlock linearly over 4 weeks
🔒Liquidity Locked via TrustLock Image
Read 18 tweets
1/ There is a lot of buzz around smart chain. The most well-known is obviously the #ethereum one, but there are other chains that are attracting interest from devs and investors. One of these is the Binance smart chain $BSC: a thread 👇
2/ First important thing: Binance smart chain is something that is technically independent of the Binance chain, which is the chain used by the DEX binance.org and on which the coin $BNB runs on. This is to avoid that smart contracts might congest the network of $BNB
3/ $BSC is Ethereum Virtual Machine (EVM) compatible. EVM is a state machine able to convert transactions into code operations that can be executed by the smart contracts themselves. This means $BSC is compatible with all the dApp of Ethereum, including for example #Metamask
Read 7 tweets
#PancakeSwap es la joya más grande de la corona de Binance, un gateway-drug al ecosistema Binance.

A nivel estratégico este proyecto debe tener todo el soporte de CZ

Abrimos hilo sobre la estrategia de Binance y como se apalanca de los beneficios de #YieldFarming y #PoS.
Primero pruebas los Swaps y te quedas loco con la velocidad y los bajos costos de transacciones en Binance Smart Chain.
Luego pruebas agregar Liquidez a una piscina y empiezas a ganar comisiones.
Read 12 tweets
How long can a short tail get and can @thorchain_org benefit from economically less significant assets.

Let me break it down for you

👇👇👇
Short tail, in the context of @thorchain_org, means assets that are most economically active (deep pools, lots of large transactions). Because all the assets are actively managed, only the deep pools with lots of activities create significant revenue potential.

👇👇
But what does “active management” of assets actually mean? Every swap demands resources and liquidity and neither is infinite. Every asset, once it is in the system, no matter how small and insignificant it is, becomes @thorchain_org's problem to manage, move, account for etc
👇
Read 12 tweets
In case you haven't noticed, there is something called @PancakeSwap on #BSC.
You could say it's a better version of Uniswap on Ethereum.
So if you wanna get more familiar with what PancakeSwap is, read this:

academy.binance.com/en/articles/a-…
If you're not used to #BSC, @PancakeSwap makes it super easy for you with that 1-click metamask add button. Image
If you started farming $CAKE in september with just 4 figures or maybe even 3 and kept accumulating, well you're probably in the 7 figures by now.
Strong hands, compounding gets you to that.
Read 7 tweets
Girlfriend out for the weekend, it's time for a side project! I like @yieldwatch but it's not giving me the changes over time. Let's plug a @TimescaleDB and let's create a website with nice charts for that 😎 #DeFi #BSC
wow, that was easy to bootstrap and I've found a name as well 🙌

- jobs to track the price in @TimescaleDB
- jobs to update user wallet content
- @HasuraHQ for GraphQL subscriptions over WebSockets
- #nextjs + @tailwindcss + recharts.org for the frontend Image
Next steps are:

- add github.com/Web3Modal/web3… for login
- display more portfolio information
- (fancy?) home page with explanations
- deploy to production

I want to make it live the fastest possible and then work on the improvements.
Read 18 tweets
1/28 <Megathread on DeFi Inception> Last year's DeFi TVL increase from < than $1 Billion to $36 Billion proves it’s a matter of time before DeFi changes the financial landscape forever. Today, let’s figure out how far along we are by pinpointing the events. #defi #defihistory Image
2/28 ⚖️ Ryan Todd, a research analyst at @TheBlock__, showed 2020 had been a banner year for Financial Ses Digitrviceal Asset Developments. This emphasizes the importance of DeFi technologies for the global financial system.
3/28 🔮 @gnosisPM. Founded by @koeppelmann & @StefanDGeorge, the Gnosis prediction platform’s been 1 of the first projects backed by ConsenSys. One of the first DEXes, it’s also 1 of the original DeFi protocols. #gnosisPM
Read 28 tweets
1/10 #BSC Daily from @BinanceChain:
👉Check out the latest Defi Landscape Image
3/10 #BSC Daily from @BinanceChain:
@binance is taking part in the Gitcoin Round 8 Hackathon right now. We have over $60,000 in cash prizes plus additional prizes to give away! Check it out here- gitcoin.co/issue/binancex… Any project is welcome
Read 10 tweets

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