"Ethereum Killer" Awards
Polkadot - Most Jealous
Hashgraph - Most Patented
EOS - Best Colluding BPs
Dfinity - Best NASA Comparison
Solana - Fewest Nodes
Tezos - Most Lawsuits
Flow - Rookie Moneygrab of Year
Cardano - Best Travel / Fewest Commits
Algorand - Best VC Dump
Do people realize that
#Ethereum
is in the process of creating:
A new financial system
A new art world
A new unstoppable internet
A new gaming ecosystem
A universal settlement layer
No big deal
I'm proud to announce the ultimate
#Ethereum
Meme NFT! Made in collaboration with
@Freddmannen
.
A non-stop 7 minute techno journey with
@VitalikButerin
traveling through space and time.
Purchasing the NFT will unlock the full music video.
Purchase:
$SNX is severely undervalued
Synthetix is doing about $150k revenue per day pre incentives 💵
Coming tomorrow & soonthetix 👇
$OP incentives ($10M)
$OP incentives from
@Kwenta_io
($1.5M)
$KWENTA rewards
0.02%-0.06% fees
Open Interest increases
50x leverage
Optimism Bedrock
$1M in fees to $SNX stakers this week 🔥
That's $52M per year
17.0 P/S Ratio
$SNX staking + fees: 18-25% APY
Self-repaying loan rate: 33% APY
$SNX token inflation: 5% that goes to stakers who don't often burn debt to sell
TL;DR? Buy $SNX
Today's SNX milestones:
⚔️ Second time cracking a quarter billion in daily volume
⚔️ All time high daily fees going to stakers
⚔️ First time cracking 100 million in 30 day avg volume
Vitalik be like..
never gonna give you ETH
never gonna lend you DAI
never gonna run on-chain governance
never gonna make you mine
never gonna be centralized
never gonna go offline and slash you
.
@Kwenta_io
1/4th of the way to
@GMX_IO
volume and that's on perps v1 (!!!)
With perps v2 + a huge list of assets (that GMX can't support) you better watch out ⚔️
Synthetix is uniquely positioned to be able to provide cross chain liquidity because you can assign debt simply through a debt oracle and not actually have to transfer any assets around
Fun times coming to Synthetix
8.5M $OP is being given to traders soon
That will bring massive exposure and volumes to the new perps market
30 pairs, deep liquidity and low fees
$SNX is positioned better than ever
cbETH is trading at 0.92 ETH
1 cbETH is worth 1.0074 staked ETH when unlocked
no-brainer trade if you're going to hold $ETH for longer than 6 months?
poor guys who locked ETH without this 10% bonus
GMX traders won $32M from LPs over the last 3 months
Their open interest is never in balance (1st pic)
Meanwhile, Synthetix perps OI is 50/50 like a magnet
🧲⚖️ $SNX
BREAKING: SYNTHETIX SCCP-293 "SET TO BE ON CHAIN TOMORROW"
What this means 👇
⚔️ 0.02%-0.06% fees on ETH & BTC perps
⚔️ Open interest increases
⚔️ 50x max leverage
Sometimes I feel
@BanklessHQ
should victory lap more often
We ignored Solana, Avalanche, and Terra during the bull, where we got labeled as "Blind ETH Maxis"
SOL down 80% vs ETH. AVAX down 70%. LUNA @ 0
All for the reasons we said they'd be.
Meanwhile, we focused on L2s.
So let me get this straight...
@synthetix_io
devs invent a new low latency oracle mechanism for
@chainlink
@GMX_IO
is copying the
@synthetix_io
oracle design after flexing their own
Now they have the gall to ask to be the ExClUsIvE lAuNcH pArTnEr
Biting our style as usual
As part of continuing efforts to decentralize GMX and boost protocol resilience, it is proposed to make
@chainlink
the oracle partner of
#GMXV2
— and GMX the exclusive launch partner of their new low-latency oracles.
Read the new proposal to GMX DAO:
🫐