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SankΞt Ⓝ | sanketn81.polygon / near / lens (🐲,💚) Profile picture
SankΞt Ⓝ | sanketn81.polygon / near / lens (🐲,💚)
@sanket_naikwadi
Community DAO @finance_ref / Prev. Community & DeFi Ops @PolygonMonkeys / Lead Ex-Degens @NearProtocol / Ex @Auroraisnear, @trisolarislabs, @DcntrlBank | 22
Mar 14, 2023 • 12 tweets • 5 min read
Are you interested in trading options & earn passive yields while doing so?

🧵 Then DeFi Options Vaults (DOVs) by @spin_fi will be an exciting option to do so entirely on-chain with #NEAR.

You may think it's not very easy, but it is. I'll try to simplify as much as possible. What are DOVs?
In Simple words, DOVs are a new way to invest in options strategies without doing all the complicated calculations yourself. Doing all manually is a tiresome & complex process.
Sep 2, 2022 • 8 tweets • 4 min read
Let's understand what are Central Limit Orderbook DEXs and their benefits with an interesting educational series with @spin_fi, #LearnwithSpin :) Image Crypto traders have been showing a lot of enthusiasm for trading on DEXs. but still, most of the trading happens on CEX.

AMM DEXes are actually not designed for trading, but rather for simple instant exchange (swaps) as they have no limit or stop orders for example.
Apr 15, 2022 • 8 tweets • 4 min read
Aren't you folding with @burrowcash yet??

🧵Well, here are some basic plays to start your journey as Foldooor on $NEAR... or shall I say Burrowerrr?
cc: @rimberjack

You can use this to Earn Passive income with minimal risk & in some cases, free lunch on burrowed money, haha... Image Deposit APY on $DAI is insane on Burrow. ~11% at the time of tweet (been consistent 9-11% from past few days)

Besides those Juicy APY, you earn $BRRR Tokens as well.

I'm sure most ppl must've been in it already. This thread is for beginners, so they can join us, Degens.
Apr 12, 2022 • 13 tweets • 10 min read
Hey Guys, Back with some more ALPHA about $USN, $NEAR's Native Stablecoin.

Found some interesting txns on Explorer regarding USN DAO, USN Token Contract & much more.

Thnx a lot to @resdegen for helping out for this Thread in Detective Work, haha.

🧵Now, let's dive into it $USN StableCoin on NEAR Here's the USN DAO:
app.astrodao.com/dao/usn.sputni…

The DAO was created on 14th FEB 2022: explorer.near.org/transactions/D…

DAO also holds some USN Token👀, so obviously, Token Contract is already live on Mainnet.

Token Contract: explorer.near.org/accounts/usn Image
Nov 12, 2021 • 4 tweets • 3 min read
While many launchpads have used simple auctions as a mode of offering which isn't fair for everyone.

@skywardfinance has adopted a decentralized & unique time-based auction, it gives fair chance to every #IDO Participant.

Let's dive in & see how Skyward Finance Sales Work.

1/4 Image Skyward has a totally unique sale mechanism purely based on Demand & Supply, as Deposits in the Pool increases the token price in sale keeps increasing.

If deposits start decreasing ultimately lowering demand & the Price of the token.

2/4 Image
Oct 17, 2021 • 6 tweets • 6 min read
The Question, Every Community Member of @auroraisnear is Asking.

Wen #Airdrop? How to get it?

Lol, I wish I knew, but I don't & actually, no one knows it.
IMO it'll be decided by DAO.

So here's a🧵of some Tasks which *may or may not make you eligible for $AURORA Airdrop. 1/4
 If you are holding $NEAR & you should obviously #NFA😝
Stake those #NEAR on the Aurora Validator.

⬇️Staking:
wallet.near.org/staking

Fees Earned by @auroraisnear Through Validator helps them Keep #BUIDL-ing for Community.

So as Appreciation from them we may get Something👀