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big pey Profile picture
@bigpey
May 23, 2023 • 9 tweets • 5 min read • Read on X
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🧵Staking Baskets

Staking Baskets are a new way to stake $ADA to decentralize #Cardano.

Staking baskets are created by @atrium_lab, in collaboration with @MLabs10.

Anyone can create a Staking Basket on Âtrium, to delegate to any x number of pools! 👇 Image
Our first Staking Basket is called Diffusion.

Diffusion will delegate to 50 different #Cardano single stakepool operators chosen by the $ADA community!

For delegating through Diffusion, users will earn their $ADA rewards + $Atrium tokens.
A small % fee will be taken from Staking Basket $ADA rewards and a portion will be paid back to users that stake the $Atrium token.

Another portion will be paid to the Âtrium treasury. $Atrium token holders will be able to vote on where those funds are spent. Image
The Atrium community can add more pools to Diffusion as the TVL increases with Âtrium token votes.

Currently there's no incentive to delegate towards #Cardano's decentralization. Diffusion fixes that. Image
Staking Baskets are currently being tested on the preview network. I have a Staking Basket opened that delegates millions of $ADA to 15 different stakepools.

We're preparing for our audit, once it's done we will release these Staking Baskets in our public beta.
Staking Basket smart contracts will be open-sourced once they're feature complete to push this industry forward.

If you enjoyed this thread, please like/retweet the top tweet. Comment down below what feature you're most excited for coming to Âtrium.
Join our community, we'd love to answer your questions:

twitter.com/atrium_lab
discord.gg/atriumlab

You can read our Medium article on Staking Baskets here: medium.com/atrium-lab/sta…
You can read more about everything Âtrium</Lab> is working on here:
@cardano_whale @cryptorecruitr @CardanoDan @astroboysoup @cwpaulm @conraddit @LucidCiC @DeansEpoch @adamKDean

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More from @bigpey

big pey Profile picture
Feb 27
USDCx on Cardano! 🧵

This thread will show you how to move USDCx directly from an exchange to your wallet plus everything that's possible now.

Not only can you move from an exchange, you can bridge your USDCx over, and also swap directly into CNAs. 👇 Image
If you do this, it will help Cardano. Not enough people use DeFi. If we all bring some USDCx over, it'll show larger networks how alive ADA really is.

To go from a DEX to Cardano. You must first acquire USDC on an exchange. It doesn't have to be USDCx.
Once you're on the bridge website, click the 'from' button, and select CEX. If you want to bridge from another chain instead, just click that chain and connect your wallet.

Make sure you connect you Cardano wallet.

Bridge website: usdcx.iog.io/bridgeImage
Read 6 tweets
big pey Profile picture
Oct 30, 2025
How to mine Midnight directly from your browser! 🧵

Why mine?
- Midnight is a new blockchain launching that allows users to have private transactions, this enables new technology like private stable coins, dexes, and loans.

Mining will give you a piece of the network. 👇 Image
Step one:
- Create a cardano wallet, or use an existing supported Cardano wallet.

You must use a fresh address, you can use the same address as the one you used for the glacier claim if it has no transactions.

- Supported wallets shown in image + Gero & NuFi. Image
Step two:
- After you've created your wallet, go to .

- Choose the wallet you use, or created, or enter the address manually. You will need to sign a transaction without a fee in the next step. midnight.gdImage
Read 8 tweets
big pey Profile picture
Jul 23, 2024
I just received a letter in the mail today.

I am being summoned in a New York Bankruptcy Court by Celsius Network LLC.

They're trying to claw back HUNDREDS of THOUSANDs dollars that I withdrew before the collapse. Their goal is to take the money I initially deposited. Image
This sets a horrible precedent for our entire industry. I was a user of this platform, I deposited my own funds, and I withdrew my own funds.

A precedent is being set here, that users of crypto platforms(depositers), adopt liability for any malicious activity a company preforms.
I am at a loss of words. I withdrew this money to pay my taxes without knowing of any potential collapse. Now they come after me years later for my own capital.

They are stating I am liable for the mistakes that were made behind the scenes. Many people got this notice.
Read 8 tweets
big pey Profile picture
May 9, 2023
Atrium 🧵

Atrium is an application that will aggregate the entire #Cardano blockchain into one accessible experience that teaches you how to use it.

We will onboard millions of users to $ADA, write open-source smart contracts we can all use, and set the standard for UI/UX. Image
Decentralized protocols we all use on #Cardano rely on on centralized front-end application to swap, buy NFTs, and take out loans.

These protocols need an alternative front-end to further decentralize #Cardano. We're building this into an application even your grandma can use.
When users click the 'i' icon on Atrium, Atrium will teach users how to stake, what an NFT is, how to buy NFTs, and much more!

We are going to build a GPT style bot into Atrium that you can ask crypto questions, this will expedite users learning journey.
Read 15 tweets
big pey Profile picture
Jan 26, 2023
1/#Cardano $DJED Thread - Everything you need to know!

$DJED is an algorithmically backed $USD stablecoin on the #Cardano blockchain launching next week.

There's more to $DJED than having USD in your wallet. You can be paid $ADA for contributing to the protocol.
👇
2/#Cryptocurrency is volatile by default. Having stablecoins allows you to diversify away from cryptocurrency without having to use real dollars in a centralized exchange.

$DJED is backed algorithmically by having an over-collateralized amount of $ADA in a smart contract.
3/Traditionally centralized stablecoins like $USDC are backed by one dollar in a bank account.

$DJED is trying to solve this problem in a decentralized fashion, all on-chain without trust.

$SHEN is the reserve coin for $DJED. $DJED keeps it's value from $SHEN.
Read 11 tweets

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