The projects on #Arbitrum have a close working relationship, you’ll see a tonne of innovation between the protocols especially involving $GMX due to their deep and sticky liquidity!
For completing various challenges on chain users are getting rewarded with #Arbitrum#Nfts and might indicate eligibility for future airdrops 👀 (thread coming soon, stay tuned!)
1/7 As someone who, for better or worse, has been put in a leadership role in the $FTM community, I have had the chance to interact with a very large number of you.
You have shared your wins, your losses, your questions and your opinions.
2/7 Some of you I've even had the great pleasure to meet in person. My experience of getting to know you all has been and will continue to be one of the highlights of my work in this space.
3/7 I know that many of you are scared, hurting and might feel lost right now. I understand and I've been there. I just want you to know that myself and the entire @FTMAlerts team is here for you if you need us.
There are still people who don't believe that $FTM WILL be a $15+ token.
As the total marketcap of crypto goes 3-5X (6-10T) so does the potential of what the most used L1 networks can do.
We are heading there...the only variable is time. Time for a small 🧵👇
What the market cares about is not what your MC is but what percentage of the total marketcap your coin occupies. This is its value relative to other coins and the total MC.
👇
Right now $DOT has the #10 spot on CMC
They hold approximately 1% of the total marketcap.
$LTC has the #20 spot on CMC with roughly 0.5% of the total. 👇
(1/19) With $FTM liquidity drying up there are a lot of questions about how to get liquidity from $ETH over into #Fantom in the most simple way. 👀
Here is a step by step guide on exactly how to do that using multichain.xyz Let's get started 👇
(2/19) This particular bridge works in a very unique way. It is all decentralized and uses the @AnyswapNetwork smart contracts. When an asset is deposited from $ETH (take $USDC for example) then the corresponding asset is minted on the $FTM side at a 1:1 ratio. 👇
(3/19) When you go in the other direction ( $FTM back to $ETH) then the opposite is true (Burns on the #Fantom side instead of mints) This way each asset on #fantom is always collateralized with its corresponding asset on $ETH. Cool? OK! Let's continue 👇
Another AMM? Why not? Competition breeds innovation right?
@paint_swap will be a new DEX #builtonopera that claims to have come up with unique ways of incentivizing deep liquidity and sustainability. Plus they have pictures of Bob Ross 😃 Here are the details 👇
For tokenomics and greater details you can refer to their medium article linked below. This project is still in production so nothing is launched yet. You can join their discord server to get more up to date information as to their launch etc. 👇
It looks like @Spirit_Swap dropped an awesome update this morning! So let's dive right into that. 🪂
The first order of business (that you guys all love I'm sure) are airdrops! From what I can gather anyone who has at least $1 LP in any of the farms, primarily the $FTM farms 👇
will qualify for the airdrop. There will be multiple snapshots taken so get your $spirit LP and get it farming. 📸
@CzTears also seems to have gotten some press with this one. With a new $czTears farm being added, as well as an airdrop mentioned for all $spirit stakers. 👇
A big piece of news (IMO) is $supra partnering with $spirit to use their auto-compounding vaults. At this point all we are seeing is a link to the supra vaults but from what I can tell this will be integrated into @Spirit_Swap soon allowing for a more branded experience 👇