GO! 🚀
We’ve just launched the first order book spot DEX on @NEARProtocol to #Mainnet!

1/ It took a lot of hard work and in just 2 weeks after our testnet release and our amazing community’s feedback, we did it🚀

Enjoy the mainnet ride: trade.spin.fi Image
2/ Our first ready-to-exchange pair is #NEAR/USDC. You can enjoy selling, buying, or trading $NEAR/USDC at this time. We will gradually add more pairs soon.

What assets are in your waiting list? 🌀 Image
3/ We have conducted an internal #audit and are currently speaking to external auditing companies. Our number 1 priority is to ensure that traders are not exposed to any risks as best as possible 🦾

Thus, we have set up limits for deposits and order sizes: Image
4/ We plan on utilizing some incentivization mechanics like #retrodrops for the #mainnet version. We won’t give you all the details just yet.

So in the meantime, enjoy trading on #SPIN and someday, you’ll find a nice $SPIN reward waiting for you in your wallet ;)
5/ As for some of our testing results, we’re happy to say that we’ve attracted over 26,000 unique orders! In the first week of testnet, trading volumes were over $160,000. Thanks to our Spinions for their continuous support 💙 Image
6/ Next on our list is completing the perps contract, which is the next milestone on our roadmap, but with the #mainnet release of the spot order book #DEX, the perpetual development will be a walk in the park🚀
Check out the details of our Mainnet Launch: bit.ly/3KdtrZA

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More from @spin_fi

Apr 26
What to expect from our On-chain #SpotOrderBook #DEX going live on $NEAR #Mainnet 😍 Image
1/ An On-chain #Orderbook and matching form the backbone of the #derivatives infrastructure we're building 🔥
2/ @NEARProtocol
users can start enjoying a CEX-Competitive 🥳
Read 5 tweets
Feb 24
1/ This time, Spin’s decentralized derivatives trading #research is more global and covers not only the progress of on-chain protocols but also provides some analytics on the current crypto derivatives market metrics and news ✨

Read on👇
medium.com/spin-finance/t…
2/ In the last several months the crypto world is experiencing a negative trend that has an impact on all market participants including DEXs. Even in comparison to the DPI index (top Ethereum dApps), most on-chain derivatives platforms feel worse now than a few months ago.
3/ It’s worth mentioning that options vault protocols, such as @ribbonfinance, @dopex_io, and @StakeDAOHQ show the best metrics of resistance to the global negative trend, which are competitive to those of $BTC and $ETH.
Read 13 tweets
Feb 22
1/ The most important information regarding the oncoming release of #FreakyElves NFTs packed in one thread🧝‍♀️

Wen WL close? ✴️9 March, 15:00 UTC
Wen mint?✴️10 March, 15:00 UTC
Wen @ParasHQ? ✴️11 March, 15:00 UTC

Read on 👇
2/ How to get WL? 🔖

To be able to mint a Freaky Elf, users need to follow @spin_fi, join us on DS, and fill out the WL form: forms.gle/2AVXmX1v1ANnpT…

Everyone who applies before March 9, 15:00 UTC will be able to join minting on Spin's official website ✨
3/ How to mint? ⛏️

There will be 2 options:
✴️Free mint – for users who won in our competitions. You will only need to pay the gas and storage fee.
✴️Paid mint for other users who joined the WL. Minting one Elf will cost 0.7 NEAR and will run on a first-come-first-served basis.
Read 6 tweets

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