April 6th, 2023: @Twitter has been randomly shutting down API access for many apps and sadly we were affected today too. Hopefully we will be restored soon! We appreciate your patience until then.
1/9 🔬 Today, we'll explore how @MultiversX's Adaptive State #Sharding is an advanced technique that enhances the scalability and efficiency of #blockchain networks.
Let's dive in! 🧵👇
2/9 Instead of simply dividing the information into smaller fragments, it uses a smarter approach 🤖 to distribute the information based on its relevance and accessibility.
1/7 🔥@itheum has teamed up with @Cointelegraph to spread its mission of data ownership through blockchain-powered tools.
Leveraging Ct's global audience and Accelerator Program, they aim to reach the masses and democratize data ownership.
Let's dive into Itheum's world 🧵👇
2/7 @itheum have a suite of Web3 tools enabling streamlined trading of user data, featuring a decentralized data exchange that empowers data ownership in the #Metaverse and brings new market value.
🙋Reclaim control of your data and participate in platform gov through a #DAO
3/7 @Itheum enables bridging of high-value data from Web2 to Web3, facilitating P2P trades.
Their suite of privacy-preserving, regulation-friendly, and cross-chain products and tools offer comprehensive core #blockchain data infrastructure for enterprise and consumer use cases.
1/7 Impermanent loss 💰is a common term in DeFi (decentralized finance) that refers to the temporary loss of funds that liquidity providers (LPs) may experience when they provide liquidity to a liquidity pool. 👇🧵
2/7 When LPs provide liquidity to a pool, they contribute funds to 🔁buy and sell two different tokens in a fixed ratio.
As the prices of these tokens fluctuate, the ratio of their values in the pool may change, resulting in a shift in the LP's portfolio composition.
3/7 This change in portfolio composition can lead to impermanent loss, which is the temporary reduction in the LP's portfolio value compared to if they had just held the tokens outside the pool. 💸.
1/6 Today we're gonna give a shoutout 🙌to the awesome work that a DEX like @jexchangeP2P is doing for the @MultiversX ecosystem, especially in the early stages of a project when credibility and #liquidity are crucial for survival.
Let's get started! 🧵👇
2/6 One of the big challenges for a project when it's starting out is getting the necessary #liquidity and, once you've got it, building a #community. 👨👩👧👦
#JEXchange is super valuable, especially for projects just starting out🌟, before they face the challenge of creating a LP.
3/6 Bear markets make it even tougher 🛠️- liquidity tends to gravitate towards more established projects.
That's why #decentralized exchanges that make it easy to create liquidity pools 🌊are key to a project's success and growth.
1/7 Today, we're going to take a deep dive into Liquid Staking. 👂Have you heard of it?
🧐Liquid Staking is a technique that allows users to obtain liquidity while participating in the #staking process of #cryptocurrencies.
Follow this thread to learn more! 🧵👇
2/7 Traditionally, staking requires users to 🔒lock up their funds in a staking network for a set period.
#liquidstaking, on the other hand, allows users to obtain fungible tokens 🔐that represent their staked funds, which can be traded on the market.
3/7 By depositing 📥their staked tokens in a custodial vault, users receive a 🪙fungible token that can be 🔁 traded on cryptocurrency exchanges or used as collateral for loans or other financial transactions.
1/7👂Have you heard of @PeerMeHQ (formerly Superciety)?
If you're looking for the perfect place to build your idea or project's #DAO, look no further!
Stay tuned for more details in this thread.👇🧵
2/7🫂Efficiently manage your decentralized community with an ALL-IN-ONE toolkit from #Peering#DAOs.
@PeerMeHQ utilizes #Blockchain & Smart Contracts for transparency and trustability and is built on top of @MultiversX to let all projects onboard easily.