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Feb 17 10 tweets 4 min read
Get an exclusive inside look into the mind of @ash_swap's founder!🕵️‍♀️

We sat down and had a chat about their goals and views on the future.

Read on for the top 3 key takeaways from our conversation.🧵
#MultiversX #EntityFinance
Q: What is the process for listing #tokens on AshSwap (V2 Pools)? Is it going to be fully permissionless? If not what are the criteria for listing?
A: We would love to make it fully permissionless but at the beginning it will be better for projects to contact @ash_swap for the listing procedure, and in time this responsibility will be passed down to the #DAO.
Q: Talking about #DeFi adoption, a lot of new protocols give huge incentives to attract liquidity to get higher TVL, do you consider this as an effective method and does it not cause a problem down the line once the emission rates fall?
A: Offering incentives to users can be an effective approach to bootstrapping, but it is important to ensure that these incentives are sustainable in the long term.

Large incentives that are not financially viable can ultimately be detrimental to the success of the project.
Instead, a strategy should be developed to manage the inflationary side effects.

One effective way to mitigate this is by introducing complementary products that align with the project's #token to create synergies that will drive demand while promoting sustainable growth.
AshSwap is prepared to handle the #inflation with trading fees by partnering with other projects, allowing them to join the DAO, which would give the governance token more utility.

Also, a future Order Book module will generate a lot of fees for veASH holders.
Q: What are your thoughts on the recent news that the SEC is suing PAXOS for the issuance of BUSD? What are the implications of this event for AshSwap?
A: Despite the recent news regarding PAXOS, it is reassuring that the suspension of #BUSD issuance does not impact the safety and backing of existing tokens on the market.

We are maintaining our plans to list BUSD but will continue to diligently monitor the market conditions.
Interested in hearing the full interview?

Listen now:
twitter.com/i/spaces/1ynJO…

Talk more about these topics with our community by joining our Telegram:
t.me/EntityCommunity

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More from @EntityFinance

Feb 17
As the Battle of Launches gears up for an intense week ahead, we extend our gratitude to the supporters who are propelling the testing of the forthcoming major Launchpad on the #MultiversX ecosystem.

Let us delve into the pioneers who are helping us drive innovation forward🧵
1/ First up, @arcstake.

This cutting-edge #staking provider has been building advanced cloud infrastructure since 2005.

Offering high-quality and secure services at reduced costs takes a bit more effort and investment than simply just spinning up services in a public cloud.
2/ - Highest resiliency
- Highest security
- Limitless scalability
- Optimized costs

As a result of their #innovative approach, ARC Staking has established itself as one of the leading providers of the MultiversX ecosystem.
Read 8 tweets
Feb 16
Battle of Launches Prize Distribution!

There is $10,000 to be won in the community testing event of the Entity Launchpad.

How will that pool be distributed? Let's get into the details.🧵
#MultiversX #EntityFinance
1/ To earn rewards and help kickstart another high quality launchpad in the #MultiversX ecosystem, make sure you sign up before Feb 23:

docs.google.com/forms/d/e/1FAI…
2/ With that being said, let's take a look at how the $10k in EGLD rewards will be divided.

The sum will be split into 2 categories:
- $5k in the Participation Pool
- $5k in Bug Bounty rewards
Read 8 tweets
Feb 14
Last Wednesday we sat down with the founders of @CryptoPittz and uncovered their perspectives and goals.

Here are the top 3 key takeaways from that conversation.🧵
#MultiversX #EntityFinance
Q: What is the most underrated aspect of your project?
A: The reroll system is one of the things that makes them stand out, which is integrated into the lowest 20% rarity NFTs and lets you reroll into a non-rarity dilution Collection called the Vice Collection which is a lot more scarce.
Read 8 tweets
Feb 13
Introducing a new game-changing partnership!

Entity and @ash_swap are joining forces to supercharge the DeFi landscape of the @MultiversX ecosystem and push it to new heights.🚀

What does the partnership entail?👀⬇️
#MultiversX #DeFi Image
1/By connecting with other leading DeFi projects that will be launching through the Entity Launchpad, together we'll be able to explore limitless possibilities and bring synergies to the MultiversX DeFi ecosystem that will greatly benefit the whole community.
2/ Get ready for the next wave of DeFi disruption as AshSwap and Entity power ahead, leading the charge towards a more open, equal, and decentralized financial system.

With Ashswap Mainnet going live on the 17th, a new chapter for DeFi on MultiversX is just around the corner!🔥
Read 4 tweets
Feb 7
Last Wednesday we sat down with the founder of @HatomProtocol and uncovered his perspectives and goals.

Here are the top 3 key takeaways from that conversation.
#MultiversX
1/Q: What other #DeFi tools are you looking forward to that might be not built on MultiversX yet, but will synergize and further increase the utility of Hatom?

A: Dex Aggregators - To simplify the process to find the best price for a token by aggregating data from multiple DEX's
2/ Decentralized #Insurance - This offers users protection for their DeFi investment by pooling funds and purchasing insurance policies

Indexers - These make it easier for Dapps to search and display relevant data to users.
Read 9 tweets

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