Coinage x DAIC Profile picture
Jan 25, 2022 โ€ข 10 tweets โ€ข 6 min read โ€ข Read on X
Osmosis has been a fantastic Degen experience in the last months. However, despite the current market sentiment, $OSMO is holding firm & showing tremendous strength ๐Ÿงช

What are current farming opportunities, and what does an experimental farmer consider? Let's deep dive!

๐Ÿ‘‡๐Ÿงต\n
1/ Frist, let's focus on the yield and LP bonding mechanism.

As for many AMMs, @osmosiszone offers three yield opportunities for LPs: Swap Fees, Farming Rewards, and External Incentives ๐Ÿ’ฐ

However, the front-end shows only APRs on $OSMO as Farming Rewards ๐Ÿงฎ
2/ Second, @osmosiszone uses an exquisite bonding mechanism to incentivize sustainable farming ๐Ÿ”’

The longer you bond your LP, the higher your rewards in $OSMO. You can choose between 1, 7, and 14 days.
3/ In case of unbonding, you still earn rewards. Nevertheless, you will fall back one "reward rank."

If you bond for 14 days, you will fall back to the "7-Day" reward for the first seven days. Afterward, you will get the "1-Day" reward in the next seven days.
4/ Ok, got it! So what about farming APRs, sir? ๐Ÿšœ

Farming on @osmosiszone is very lucrative and sustainable due to LP bonding. Below, you see the historical APRs for the TOP8 LTV pairs until yesterday.

The APRs below contain Swap Fees, Farming Rewards, and External Incentives.
5/ But sir, my familia! Dont'show the APRs; Degens will rush to get them!

No worries, sir. Due to $OSMO being the DEX and chain simultaneously, the $OSMO token captures value like no other DEX ๐Ÿงช

With $OSMO as the primary pair, the price of OSMO rises with the TVL.
6/ The upside for eco farmers lies within the current swap fees. 90% APR in $OSMO is great, but even more native swap fees for $LUNA and other L1.

Below, you find a breakdown of the LUNA-OSMO pair, which has had fantastic swap fees besides the rewards that are on the UI ๐Ÿง‘โ€๐ŸŒพ
7/ By the way: You qualify for different airdrops being a LP on @osmosiszone

You might be already eligible for using Osmosis in the past. You find a great overview of all the airdrops on @CosmosUplink ๐Ÿ‘‡๐Ÿ‘‡

cosmosuplink.web.app/airdrops
8/ Unfortunately, this historical overview isn't available anywhere yet.

I am working with the fantastic @alphaDefi to make this dashboard available for everybody.
9/ You like videos? Got ya, ser! I covered Osmosis Farming last week on my channel.

I am planning on recurring farming updates for @osmosiszone & the whole @cosmos ecosystem on my channel soon ๐Ÿ“ฝ๏ธ

As the famous @stablekwon said: COOOSMOOOS โš›๏ธ

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More from @coinage_x_daic

Dec 8, 2022
The ultimate goal of every crypto ecosystem is to create a self-sustaining environment where economic activity stimulates more action: a flywheel

The addition of BOW on @teamkujira added another puzzle piece in completing the Kujira ecosystem.

How do the pieces fit? ๐Ÿงต/n ๐Ÿ‘‡
1/ A lot of promising projects as @CALC_Finance or @TeamLocalMoney are building on top of @TeamKujira

Nevertheless, the core team is creating a unique set of in-house protocols to ensure a strong foundation for a web3 economy.

The main economic drivers are FIN & ORCA ๐Ÿณ
2/ While ORCA is designated to capture considerable market shares due to its unique design and proven use case of liquidations, the focus has been set on FIN, as it offers an immediate use and market fit as an on-chain orderbook ๐ŸŽฏ
Read 10 tweets
Nov 11, 2022
The bear market challenges everybody. But could the low prices be a security risk for Cosmos chains?

Validators run the chain infrastructure in exchange for a commission from delegators.

The question is: Do validators earn enough to validate blocks? ๐Ÿงต/n ๐Ÿ‘‡ Image
1/ To answer the question, we need to check the revenue and expenses of validators. So, first, let us check on the revenue stream.

Four parts define the revenue of a validator:

- Delegation Amount
- Token Price
- Commission
- Staking APR
2/ All four parts can be found as information on-chain to calculate the revenue of validators per month:

(Delegation Amount * Price * Commission * Staking APR)/12
Read 11 tweets
Aug 17, 2022
We reached another incredible milestone at @danku_zone w/ @daic_capital

I am proud to announce that we entered the active validator set on @InjectiveLabs ๐Ÿฅท You can stake your precious $INJ with us, nINJas!

And what a pleasing place next to our friends @stakecito ๐Ÿค

/n Image
1/ As you know, we are trying to expand our Cosmos network to keep contributing as a community validator, which lives the spirit of web3.

A special thank you goes to @InjectiveLabs, giving us the chance to prove our technical knowledge & engagement with an initial delegation.
2/ With my partner and friends @daic_capital, we will contribute to the growing ecosystem of @InjectiveLabs and support the process of decentralization of the current set.

Look forward to more pieces on an ecosystem that I had very long on my personal list!
Read 4 tweets
Jul 26, 2022
August will be a crucial month for the old @terra_money classic chain.

@TerraRebels are preparing a governance proposal, which will have a significant impact: Literally, a true make-or-break after the crash in May.

My TL;DR-take: Letยดs try it ๐Ÿงต/n ๐Ÿ‘‡

1/ I think I do not need to review what happened to the chain in May. Three significant events are relevant:

1. Staking was disabled on Classic to prevent an attack as so much $LUNA was minted.
2. The mint/burn between UST and LUNA was disabled.
3. A new chain was bootstrapped.
2/ Since then, the Classic chain was basically left behind by TFL, which facilitated all the implementations pre-crash.

Is this cool? For sure not. Might there be legal implications for this? I don't know. But for sure, the chain seems to have no future under these conditions.
Read 10 tweets
Jul 25, 2022
I am proud to see that our validator nodes @danku_zone w/@daic_capital keep growing.

Our next goal: Mastering the Seinami.

We are on the @SeiNetwork testnet and I am excited about the design future of this new network.

Let's deep dive ๐Ÿงต๐Ÿ‘‡
1/ What the Sei is this?

@SeiNetwork is a layer-1 blockchain with a built-in on-chain orderbook.

Alternatively, you can also say this: Sei is an on-chain CLOB, a central limit orderbook. Let's be honest: It just sounds better to say CLOB.
2/ While DeFi is mainly dominated by automated market makers leveraging liquidity pools, CLOBs remain the most popular trading tool off-chain.

On a CLOB, buys and sellers are matched. The highest bid & the lowest offer constitute the best market.
Read 7 tweets
Jul 1, 2022
The new @terra_money governance proposal 870, "Validator minimum commission update," is discussed controversially.

As a validator, my partner @daic and I decided to vote "No".

n/๐Ÿงต๐Ÿ‘‡
1/ The commission is the primary revenue stream for validators that have the task of running and securing the network.

This economic incentive is needed to offset the infrastructure cost of the network nodes. And as you know, I see it as a way to even cross-fund my content.
2/ Thus, economically, there is a need for a commission. Without commissions, the validator would subsidize the network and run at a loss.

As for ourselves, some entities validate multiple chains & use earnings from other networks to be more aggressive in attracting funds.
Read 9 tweets

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