Tsunami.finance public testnet & “Testnet Odyssey” is LIVE! 🎉
Trade spot & perpetuals with 0% price impact. Get access to 30x leverage & low fees on @TsunamiFinance_ with liquid sustainable yields. 🌊
What is Tsunami “Testnet Odyssey” & how do you participate? ⬇️ 1/x
Tsunami Testnet Odyssey consists of a series of testnet tasks that allow early platform testers to claim our second role (big wave) which is integral to the Tsunami NFT collection.
The list of tasks to complete are located on the top right of our website & are stated below. 2/x
>1. Link your twitter to Tsunami (prompted when you connect your wallet to testnet on dApp)
>2. Complete 10 trades
>3. Generate over $50k in volume
>4. Provide over $10k in liquidity
>5. Withdraw over $5k from liqudity
>6. Gain "Big Wave" role
>7. Free NFT with DEX utility! 3/x
The time has come to ride the wave Anon.. Do you have what it takes to become Big Wave? 👀🌊
Have more questions or need any help from our team?
LPing is unsustainable and destroying the capital of LPs, LPs get arbitraged, sell volatility too cheaply, & sustain IL.
Tsunami presents solutions that deliver a liquid & sustainable LP experience.
What is “the basket” & how does being an LP work?🧵👇
On Tsunami, a market, and its tradable assets, are held in a basket of assets similar to balancer. In such a basket, arbitrary assets with arbitrary weights are defined ahead of time. Each basket is usually comprised of 50% stables and 50% blue chip crypto native assets.
Example: Tsunami has a basket of WBTC & USDC. We pre-determine that this basket's Target Weights should be 50% WBTC & 50% USDC, to match the ratio of 50% stables and 50% crypto. Target weight is the USD value equivalent of that asset compared to other assets in that basket.