When doing due diligence on a token, examining its supply and holders is one of the most important things. However, it is often hard to do with conventional chain explorers.
#Bubblemaps is a supply auditing tool that helps to visualise and analyse holder composition for an ERC-20 token.
Each bubble represents a wallet from the top 150 holders, with a size corresponding to the proportion of supply held in it.
Bubbles are also connected in clusters to help identify cases of wallet-splitting, where one entity spreads its tokens into multiple accounts to make supply distribution look more organic.
With token supply and interactions between different wallets being more transparent and easier to navigate, users no longer have to spend hours mapping everything on their own.
With dedicated NFT maps coming soon, users will also be able to easily spot wash trading or simply explore the holder composition of their favourite collections much faster.
Currently, there is support for some of the biggest #Avalanche tokens such as $XAVA $QI $CRA and more, all with transfers in $AVAX, $USDC and tokens themselves, with more listings, potentially coming soon.
So if you fancy yourself as an on-chain analyst, give @bubblemaps a try!
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Protocol: @HubbleExchange
• Speaker: @Dorlanz0x
• Over $6m accrued in TVL
• Avg ~$1m trading vol per day
• One market currently open: $AVAX
• New collaterals coming soon: Btc.b + Weth.e
• + New markets also coming soon
• Get liquidated on Hubble, get this NFT 👇
Protocol: @steakhut_fi
• Speaker: @0xWagyu_
• sJOE Vault Strategy proved popular
• Working on two secret products
• #Bribeszn - alluded to a product linked to this
• Ultra low cost auto-compounding strategies
• NFT Collection launching in 1-2 weeks
• Got your ticket? 🛸
Liquidity Book is a next-gen AMM protocol, which improves upon pre-existing approaches and opens a new page in the history of DeFi.
But what does that mean for users? 👇
📈
Concentrated Liquidity allows depositors to pick prices they provide liquidity at.
This massively improves capital efficiency, resulting in better trading prices and more fees for liquidity providers, even in pools with small TVL.
🗑️
Contrary to UniswapV3, Liquidity Book is composed of discrete bins. Each bin is a constant sum pool with a price assigned to it. The price in Liquidity Book changes once the liquidity in the active bin is depleted and trading moves to the next bin.
🌊 Liquidity Book is built different. This ground-breaking architecture pools liquidity into constant sum price bins which are aggregated to form a market. LB provides Traders with zero or low slippage trades, for any trade size, due to constant sum price executions
📘 Liquidity positions are fungible and come with a price-located receipt that closely resemble ERC-20 tokens, enabling new product integrations. Unlike other DEXs, LPs can create custom strategies and also adjust positions with just one transaction, greatly enhancing efficiency
A lot of focus is put on yield. People are willing to go to great lengths to get that sweet double- or triple-digit APR on their tokens.
There is nothing wrong with chasing yield, but it's important to remember that not all of it is made equal...
2/ Is all Yield Sustainable? 🌽
Many projects use token emissions to drive liquidity and adoption. This strategy is used by many protocols, but eventually, the rewards run out, APRs drop and people move to greener pastures...
3/ Trading Fee Distribution 💼
It is, however, not all doom and gloom and there are ways to get sustainable and non-dilutive yield.
For example, projects can collect fees and re-distribute them to token holders. That's exactly what $JOE does with $USDC payouts to sJOE Staking.
Vote escrow ("ve") tokenomics are all the rage in DeFi right now.
Many protocols including $veJOE have already implemented them and many more will do so in future.
But what makes ve tokens so good and what do bribes have to with it?
Read on👇
2/
Since first introduced by @CurveFinance in 2020, their main purpose was to align the interests of protocols, token holders and liquidity providers.
Tokens that are vote-locked are effectively removed from circulation reducing sell pressure and providing further utility.
3/
Besides being a good way to boost yields, vote escrow tokens can be used to direct native token emissions and drive liquidity to certain pairs on the exchanges.