How are Balancer metrics doing?
And how do I see $BAL supply evolving?
A thread 👇 (spoiler: 🔥🤯🚀💎)
Let's start by comparing Balancer with other projects in terms of annualized revenue.
I'm sure this graph will be a head scratcher for many...
Way above Synthetix, Curve and Kyber?
Flipped Compound??
Aug 8, 2020 • 17 tweets • 4 min read
A thread on:
⛏️ LIQUIDITY MINING ⛏️
on
⚖️ BALANCER ⚖️
👇🧵
Liquidity mining is the mechanism used to periodically distribute newly minted $BAL tokens to liquidity providers (LPs) on the @BalancerLabs protocol.
There are two main goals:
Jun 4, 2020 • 16 tweets • 9 min read
1/ DeFi is going to drink CeFi's milkshake on consumer investing. 🥤
The killer DeFi on-ramps will come.
It might take a while (years), but... "when, not if".
Thread 👇
2/ CeFi users give up custody, expose their identity, operate during business hours, pay fees for ridiculously slow rebalancing, and so on... 🤢
And they haven't yet experienced PROGRAMMABLE money.
Are you ready for the upcoming sustained SAI price rise? 📈
No?
Then quit postponing your debt migration preparation and do it while you can. 👇
2/ On Dec 2nd, there will be *BRIEF* windows of strong liquidity at the SAI migration contract, due to large exchanges migrating their customers' SAI to DAI.
That SAI liquidity is all you need to migrate your debt, but it will vanish faster than you might expect. 💨
Why?
Sep 21, 2019 • 19 tweets • 4 min read
I’ve had the privilege of taking a close look at @BalancerLabs and I couldn’t be more excited.
A thread w/ thoughts on:
* custom self-balancing portfolios
* free market for trading fees
* long-term incentives
* negative spreads
* price oracle
* finance building block
👇 👇
1/ ⚖️ Custom self-balancing portfolios
With a new approach to automated market makers, Balancer allows for any custom portfolio of tokens to become a pool that can be traded against.
Jan 30, 2019 • 34 tweets • 12 min read
$DAI & @MakerDAO seem to lure & captivate people from a surprisingly diverse set of perspectives.
No matter what drew you into crypto, I'm sure at least some of the 21 PERSPECTIVES listed below will appeal to you.
👇 Thread 👇 (w/ eventually extra info on forked sub-tweets 🎁)
1) 💎 TRUST-MINIMIZED STABILITY
A non-custodial, censorship-resistant, stable, global money. An empowering store of value.
Flawless stability through a bear market of ~90% collateral price depreciation.
