Below we highlight 7 reasons why we're so bullish.👇
1/7
$STFX operates at the intersection of DeFi & SocialFi w/ a gamified user experience.
Think of STFX as an application layer sitting on top of well-known DeFi protocols (eg, @GMX_IO), extending those platforms' offerings with new social/gamified features and incentives.
Jul 7, 2022 • 18 tweets • 9 min read
1/ The @fraxfinance team keeps shipping, its hard to keep track w/ each new product release
W/ inflation at record levels, we've been researching the sustainability of $FPI, $FRAXs inflation resistant stablecoin
Disclaimer: final docs have not been released
🧵 👇
@fraxfinance 2/ First, some background. The Frax Price Index is a novel protocol in the $FRAX ecosystem centered around 2 tokens:
$FPI - the stablecoin pegged to the CPI rate
$FPIS - the governance token of the ecosystem
May 5, 2022 • 23 tweets • 9 min read
Yesterday Paraswap announced they integrated @GMX_IO into their order routing system. @paraswap is a DEX aggregator that has processed $32 bn in trading vol since Dec 2020. In the past 24 hours alone, Paraswap has processed $42.8 mn in vol.
Here’s why that’s huge for @GMX_IO
First a quick recap on GMX:
GMX is both a decentralized derivative platform and spot platform. Meaning users can both leverage trade and swap assets on the platform. The Paraswap integration concerns GMX’s swap feature primarily.
Apr 9, 2022 • 15 tweets • 5 min read
$GMX, a decentralized spot and perpetual exchange, where users can trade assets with no KYC or slippage, has just revolutionized the traditional AMM model with their proposed upgrade named X4. But what is X4? Here's our summary🧵👇
X4 is a protocol-controlled exchange that enables protocols to completely customize their liquidity pools. Currently, most AMMs limit the controls a pool creator maintains over the pool's functions.