1/ ⭕️ What's Swaap?
Swaap is a decentralized exchange (DEX) and the first market-neutral Automated Market Maker (AMM). It leverages a combination of oracles and dynamic spread to provide sustainable yields for liquidity providers and cheaper prices to traders.
2/ #Swaap reduces arbitrage trading, a phenomenon whereby external actors extract value from a pool by taking advantage of price differences within the market.
Liq Providers access sustainable market-making strategies and reduce Impermanent Loss & offer multi-asset pools.
3/ ⭕️ Swaap Token
$Swaap Token is already confirmed. Tho the tokenomics is not released yet but since it's a governance token we can expect a % to be airdropped to the community and early users.
The token is not live yet, but you can already start to collect it! 🤑
4/ ⭕️ How to collect $Swaap ?
By LPing into Swaap pools you are eligible for future token rewards. It works like a liquidity mining program, but retroactive. The number of tokens you will be able to collect will depend both on the amount of liquidity deposited and the timeframe.
5/
The protocol is Beta and there might be bugs/Risks and this isn't a FA / Always DYOR before interacting with any protocol.
The protocol's smart contracts have been audited by two different leading firms in the field: Chainsecurity and Runtime Verification. 🛡️
6/ You can Trade/Swap a few tokens and you can provide LP.
You can select a token either from the pool's tokens or among a list of blue chips assets.
To match the pool's composition, we will automatically swap your token at the best rate using 0x Protocol.
@SymphonyFinance is building a suite of Decentralized, Open & Transparent protocols for all. Let's go into details and see what we should do for the future #Airdrop and #Rewards.🤯
Symphony DEX is a novel Yield Optimized trading protocol, It allows you to buy or sell tokens more capital efficiently than ever. Your trades keep earning yield on SAFU protocols till they execute 🤯
Yield farming + Trading = Max. Capital Efficiency
2/ ⭕️Why should I use it?
If you have a rough idea about the price range of an asset (max price an asset can go and the least it can go), you can create an order here and the assets keep generating yield, and when the desired rate is available in the market.
- When I say zero cost it means the amount of money you still need to pay for the fees is less than 1% of the #airdrop you might get
- You probably have done these tasks before but its still gd idea to be a repeat user #Alpha 🧵🕵️♂️⚡️🪂
1/ - I strongly recommend not going for airdrop #farming and staying a genuine user, you don't wanna lose #airdrops for being flagged as a #hunter
- I suggest doing at least 2-3 #transactions on each product and keeping it +1K dollars, repeat the steps till you reach that amount
🚨GR15 / LIST OF 20 PROJECTS YOU MUST SUPPORT - PART 2
#GR15 has already begun, the biggest funding event in #web3, GR15 runs until Sept 22
We support the projects we love and help to build and shape web3/if you haven't been following here is PART1
@ensvision ENS.Vision is a page, where you can bulk search and bulk register ENS #domain names. Our page provides a free, simple-to-use interface to find domains.
🚨Things you need to know Before/After the Merge & BEWARE Replay Attacks? 🎯🕵️
The #Merge is less than 10 days away like it or NOT but What should we expect and do with our $ETH, Staking, and #NFTs
Let's explore the Myths/Risk and the Truth around it.
🚨🚀🍻 🧵⚡️🕵️
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Before we start if you haven't checked my last thread 🧵about the forks and the potential #Airdrops that come with #merge make sure to check below :)
Your Like/RT/ comment and follow are highly appreciated. ❤️
"The #Merge" is an upgrade to Ethereum that swaps out the current proof-of-work (#PoW) consensus mechanism with a more eco-friendly, efficient, and secure proof-of-stake (#PoS) consensus mechanism.
When the merge occurs the current #PoW consensus mechanism will be fully deprecated and all blocks on Ethereum will be produced via #PoS.
#WEN MERGE? ⌛️
If all goes smoothly, #Ethereum developers expect the merge to take place during the week of September 15, 2022
Now that the #merge is actually happening and people seem to be super excited about it, obviously, some people didn't like that idea and decided to do their own #fork out of #Ethereum. The good news here is we can win something out of this once happens.🪂🍻
WHAT'S THE NEXT $CANTO? Here is a list of 10 new blockchains to expect in 2022-2023
@CantoPublic is a #layer-1 blockchain built to deliver on the promise of #defi. as a post-traditional financial movement, $canto enables accessibility, transparency, and freedom for new systems.
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the way they airdropped was something that almost surprised everyone you could simply get like 2K $Canto for doing nothing and just requesting a test #token for their #testnet but if you were early and lucky enough to receive the test token 🚀🍻
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By doing a few simple tasks you were eligible to get around 10K $Canto that people sold for +5000K
here are the criteria for the airdrop so if you have posted the tweet and haven't checked your wallet this might be a good time to do #LFG