Dan | Djinn
@NFT_Djinn
Followers
5,352
Following
761
Media
55
Statuses
1,623
Formerly @vela_exchange , product/strategy at BCG and other places for 10+ years. Advocate for better web3 experiences for builders and users.
Joined October 2021
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
Telegram
• 1415060 Tweets
Hezbollah
• 192427 Tweets
SB19 RED CARPET PREMIERE
• 86276 Tweets
ダンス・ダンス・ダンス
• 76779 Tweets
1Z BALIBAGAN SA RED CARPET
• 36377 Tweets
ST☆RISH
• 34744 Tweets
BINI PLEASE PERFORM PANTROPIKO
• 32457 Tweets
Christoph Daum
• 32432 Tweets
#Cvitt1000mgXZeeNunew
• 30694 Tweets
サトノレーヴ
• 16087 Tweets
BEOMGYU FIRST PITCH
• 16071 Tweets
#BACKSLIVEで愛し合おう
• 15691 Tweets
#じゅじゅフェス
• 14940 Tweets
モレイラ
• 14744 Tweets
#PAKvsBAN
• 13092 Tweets
#reflame_961_SUN
• 12259 Tweets
ナムラクレア
• 11360 Tweets
Our beta at
@vela_exchange
is almost over, and we can't wait to share more about official launch.
Beta gave us some very valuable data about our users, scalability, and showcased our dedication to the community.
What did we learn and what's coming up for official launch?
163
6K
7K
I have something very special😻 for the
#NFT
community today.
1 WL spot from
@pxMythicsNFT
!
For anyone that:
🦃Comments what they are thankful for today and tags 3 friends
⚡️Likes, retweets post
🐵Follows
@NFT_Djinn
and
@pxMythicsNFT
1..2..3..GO!
598
488
581
First movers advantage has always been drilled into us,
But what if I told you second movers advantage is just as powerful?
A look at
@vela_exchange
's unique position as a second mover in the perpetual space
🧵 👇
12
46
170
One of the best catalysts for project traction is the idea of organic growth.
@Vela_Exchange
, our team was built slowly to include only those that shared our vision of making decentralized trading more accessible and powerful.
Here's one story on our CMO
@reptilepres
👇
6
48
88
NFT contest for one of the hottest pixel RPG games upcoming
@solantasy
Airdrop of 1 free Sol Warrior (floor is 1.5 sol) to one lucky NFT degenerate that retweets this post, follows me, and follows
@solantasy
!
#NFTs
#BlueChipNFT
#Solana
#SolanaNFT
#SolanaNFTs
#SolanaSummer
39
121
91
1. Great customer support is key to competing with CEXs.
It doesn't matter how smooth the UX is for a DEX, if you can't reach the team and get support when you are confused or there are issues, CEXs will always have the upper hand.
Our early investment into customer support...
2
18
81
This all to say...
Official Launch is coming - and while things might be a little quieter than usual in
#vela
land...it's just the calm before the storm.
More soon!
4
7
75
So many thoughtful, meaningful posts about
#thankfulness
and
#gratitude
. Only 1 WL can be given out for
@pxMythicsNFT
but appreciate everyone sharing genuine stories and shoutouts 💕.
Raffle winner announcement in the next few hours, much love to the
#nft
community!
22
25
75
Overwhelming support for the Arbitrum Gaming Catalyst temp check.
200m $ARB dedicated towards gaming ecosystem growth is going to make a difference.
There is still lots of work to do, but this is a huge show of confidence that
@arbitrum
is ready to activate on gaming.
Tally
11
14
86
@Adam_R_Fridley
@McGregorRousey
His body hooks are a staple. He doesn’t ever throw headkicks though.
2
0
77
I'll be presenting some insights with
@TravDoesDeFi
at the
@PythNetwork
developer conference next week!
Thankful for all the support from the
@vela_exchange
community and Pyth fam including
@mdomcahill
@AlasdGem
@KemarTiti
🙌
4
15
67
Giving away 3 WLs for
@KoolKidzArcade
for my NFT frens
To enter
- Like and retweet this post
- Follow
@NFT_Djinn
and
@KoolKidzArcade
- Tag 2 friends (more is better)
You don't want to miss these guys, the team is a design studio out of South Africa with a TALENTED team.
66
51
75
The MAYC and
#BAYC
in
@TheApeList_
get more involved with our partners than any
#nft
#community
.
Just take a look at ape fam hanging out with the talent
@yarramishog
@BroskeesNFTs
during an art session and AMA.
21
28
68
So happy for all the Velafam that received their $PYTH eligibility.
Huge shoutout to
@PythNetwork
for their professionalism and hard work.
Loyalty pays off.
$PYTH airdrop
100k $ARB trading competition
Arbitrum DAO backfund effort🔥
More $PYTH szn
and more ⛵
xoxo
13
13
61
is something we are proud of, and our customer support operations are only going to continue to grow
With a small team, it's difficult to help 1000s of users, but we are making a commitment to make defi more accessible and friendly for EVERYONE.
Which leads to our next learning
1
7
50
The official launch will have some of the most hardened trigger mechanics, RPC fallbacks, and price feed enhancements in the DEX space.
Props to our technical team for rapid responses, and the community team for their patience and dedication when issues arose.
2
5
43
Raffle for 5 Splatters whitelist spots! Upcoming P2E platform fighting game to earn $GOO and dominate the SplatterVerse. Game is already built, pre / public sale on Jan 9th!
To join:
🔥 Comment and tag 3 friends
👍 Like + retweet post
⚡️ Follow
@NFT_Djinn
and
@SplattersBR
25
39
49
I'm very grateful to everyone that provided feedback - and we have been able to dissect the hundreds of suggestions and data points to construct a robust Official Launch and beyond.
Mass analytics was also a goldmine of information for us to understand our traders.
2
5
43
2. Scalability is still one of the hardest things about building a platform
Alpha went smooth as butter, but when 10s of thousands of users started using things like triggered orders, we quickly found places for improvement in our infrastructure
1
6
41
Bear markets are brutal.
There’s no sugarcoating it— crypto teams lose motivation during market downtrends. Prices go down, users leave the space. People quit.
The founder's job is to set the vision for their team and help keep morale positive.
3 Lessons for Founders:👇
4
11
47
Vela = the engine
Alliance = DEXs built on top of the core engine
Revealing the first alliance this week
Hint: Friends with a project that starts with R, ends in o, and has billions in TVL
$VELA
9
14
50
3. Creating a revolutionary DEX has to involve the community
Tech can be a major differentiator, but knowing what to build and why requires conviction from the team, and excellent product management / user centric research skills.
1
5
41
@VLassall
Opensea allows scammers and fake collections on their platform and they want to freeze legit people's accounts? Typical.
1
0
41
Fresh out of our Velafam call with our closest supporters.
Summary: I can't be more thankful for the loyal community that has built around
@vela_exchange
. Wish I could share more about the exact plans, but the vision can't be more clear.
Season 1 of the Grand Prix ended last
18
16
38
@pxMythicsNFT
You guys have no idea how much the
@pxMythicsNFT
team works behind the scenes to do the right thing for the community and the project. Really good to see this update!
1
5
36
2
9
37
I can’t resist a good plague or a good Pepe project. Atleast they are honest about either being a rug or being something really special.
2
9
35
Really fkin' proud of the team for the successful launch of Vela on
@BuildOnBase
Yea, it's not the best market, but our conversations with traders are driving some of the most advanced features on DEXs
And we WILL be a place every trader thinks of as soon as they are on-chain
💥 It's official! 💥
Vela Exchange trading is LIVE on
@BuildOnBase
.
This isn't just a launch, it's the beginning of a new era.
The journey opens with fiery new incentives, an exciting new asset, and a even more fluid UX.
Join the adventure:
51
159
296
4
11
35
As a founder, my team's belief keeps me going.
Good morale is a godsend in a bear market and it takes the full trust of each team member to keep building towards a grander vision.
Thankful for the positive vibes from our team
@vela_exchange
and the
@arbitrum
fam.
5
8
33
Holiday magic for
#nft
degens out there
I've got 5 sexy whitelist spots for
@ApeInvadersNFT
(closed discord,
@BoredApeYC
owners core team)
To qualify:
😍Like and retweet
🎅Tag and say 'happy holidays' to three friends
🦧Follow
@NFT_Djinn
and
@ApeInvadersNFT
GL!
14
16
28
The growth curve for
@vela_exchange
is nothing compared to what's coming soon.
Perp trading still in its infancy and the innovators will take from DEXs and more importantly...CEXs.
$2 BILLION BENCHMARK HAS BEEN HIT! 🖤🖤🖤
With $1.966BB on Arbitrum…
And $75.512MM on Base…
@vela_exchange
is cookin’ with gas, baby!
And we’re just getting warmed up. Grand Prix Round 2 has just under four days left on the clock. Still time to get in and claim a spot on the
3
8
12
5
10
25
@SaucyBrown10
@Syberer
You are new. You have plenty of other projects to look at. Don't get stuck trying to make up losses - it's a mistake all of us degens have to learn. Embrace the big L we all took and move on.
1
0
26
@crypto_condom
Agree 100% - take a look at our team behind
@vela_exchange
, launching soon in the ultra competitive Arbitrum space because we might be uh... insane.
0
5
23
On a final note, I see many people talking about the ''saturated perps market.''
In reality, the perpetual space has only just begun and once Vela launches the market will get what it deserves:
A truly revolutionary perpetual DEX.
There's nothing quite like Vela.
1
2
19
This shit filled in 2 minutes.
God Dayyyuuum! Let’s go Velafam!
The previous round filled up in less than 2 hours 🤯
We have just reopened the doors. It's time to take action if you are a $USDC LP.
We are offering 50,000 $ARB rewards, claimable INSTANTLY!
Simply lock your $VLP for only 6 months and receive 10 $ARB for every 100 $VLP.
4
8
32
3
5
19
Now don't get me wrong, first movers have a massive advantage.
However, second movers get to observe the market and understand:
A) Where are the pain points?
B) How can I fix them?
The goal?
Disruption
This is extrapolated in a sector as new as perps.
1
0
15
@DiscountGosling
Take the tin hat off, people got greedy, doesn’t take a conspiracy to create a mess like what happened.
5
1
15
That's all from me for now.
But if you like what you hear, drop a follow to:
•
@NFT_Djinn
•
@TravDoesDeFi
•
@vela_exchange
As we talk more about
@vela_exchange
's unique opportunity in the perpetual space.
Drop me a RT if you think I deserve it ↓
First movers advantage has always been drilled into us,
But what if I told you second movers advantage is just as powerful?
A look at
@vela_exchange
's unique position as a second mover in the perpetual space
🧵 👇
12
46
170
3
5
14
It goes to show that any interaction with your networks can result in unpredictable results months or years down the line. Treating people well, and being responsive can turn into amazing things.
At the very least, being nice will pay it forward (we need more of this in defi!)
1
0
14
And our
@pxMythicsNFT
WL raffle winner is...
...
...
...
...
@_WABERSKY
!
Congrats friend, shoot me a DM with your discord id and we'll get you invited to the server!
Thank you to the
#nft
community engaged, there will be more WL chances coming soon! 😇💕🐵
1
1
14
These pain points are what lies between us and mainstream adoption of DEX perp and derivative trading.
The main one being the trading experience.
This is why our emphasis lies so heavily in offering the trader full control over their trades
One example is our trailing stops ↓
Several alpha testers requested a trailing stop feature
You asked for it and we delivered🤝
It will follow your position if the market moves in your favor, securing your profit, but it will remain in place if the price goes against you– closing out your trade.
Preview below👇
22
35
172
1
0
13
A slightly more pressing issue is the long-term reliability of current perpetuals like $GMX or $GNS.
We're seeing traders lose money on a supposed winning trade and even early stop loss executions.
One trader mentioned a SL that triggered 15% below, dealing a massive blow.
1
0
12
Free mint to .1 eth in less than a few hours - can this project make it?
@MutantPunksNFT
#nfts
#ethereum
#crypto
#dao
4
8
12
@denwrite
@vela_exchange
That’s not true at all, you can compare our fees across DEXs and CEXs, Vela is lower across many cases
1
0
13
Could you imagine the backlash if traditional trading platforms like Fidelity had these stories?
I'm sure the second movers would begin to look a lot more appealing and frankly-
Look in much better shape to learn, implement, and execute on their patience.
1
0
13
The winner of our
@solantasy
#giveaway
is
@Sethmdaugherty2
! Congrats on your warrior with Blood Armor :). Join us on discord to claim your win:
#NFTs
#Solana
#SolanaNFT
5
3
13
Our journey so far has many more positive voices, connectors, and communities in the DeFi and gaming / NFT space:
@Uncz_B
@base64alpha
@OrangeDAOxyz
@0xCitadel
@TravDoesDeFi
@arbitrum
@LouisCooper_
@SmallCapScience
and more!
I'll be sharing more stories soon!
0
0
12
I feel like we need to talk about founder compensation when it comes to web3.
Would you ever invest into a startup outside of web3 if you knew 50% of your money was going directly into the pockets of the founders? (cont.)
🚨 WEATHER REPORT EXPOSED 🚨
@ZachGoesHard
@nevermindwill
@tobylasso
A statement from the founding artist of
@WeatheReportNFT
251
710
2K
6
9
12
@reptilepres
and I met when we were still in the early phases of building out our first app for OTC called Dexpools. He was a former
@Balancer
contributor and served as the primary curator for what is now
@FjordFoundry
(formerly Copperlaunch).
Eventually...
1
0
12
How did
@reptilepres
and I come to the conclusion that we would work well together?
#1
Our communications were clear and concise
#2
Honesty and transparency were core values
#3
Long term interest was shared
#4
Competency in our areas of expertise was showcased
1
0
11
@SavvyDeFi
@vela_exchange
@arbitrum
This would be huge for all of Arbitrum and establishes a very strong precedent for projects large and small. 🙏
2
0
12
We understand that
@vela_exchange
is the fresh new face in the perp space, learning from our grandfathers
But that doesn't mean we'll squander our unique advantage as a second mover
Speaking to countless traders over the last months has made us realize we need to do one thing:
1
1
10
@phase2pointzero
@ChadCaff
@vela_exchange
explain to me how we are a fork?
what other DEX has infinite triggers that can be set against a single position?
or a trailing stop loss?
or multi-lingual support along with SMS/email notifications?
or buybacks on top of a dual token, delta neutral vault infra?
1
0
10
@ElonTrades
@RiddlerDeFi
Two reasons, entirely different product (perps vs OTC p2p trading), and people kept asking if Dexpools was some kind of liquidity pooling project because of the name.
Projects evolve and rebrands happen (GMX from Gambit, Elrond -> MultiversX, etc).
2
0
11
@reptilepres
and I came to the conclusion that our visions aligned and that we should explore paths to work together.
This was flattering -
@reptilepres
helped curate tens of projects resulting in 100s of millions in funding, but he specifically believed in our vision.
1
0
11
@GLOCKPURDY
@driftyfilm
@Emmmyalluu
@CultureCrave
@vulture
So you’re saying construction workers should be treated better right?
1
0
11
Are RWAs the key to unlocking mainstream adoption of crypto?
Seems like an incredibly bullish prediction, but the utility may be the catalyst we need.
One crypto sector is estimated to reach $16 Trillion by 2030:
Real World Assets.
This will be the CATALYST for mainstream Crypto adoption.
Here's your 2023 guide to RWAs (and the top protocols):
182
648
2K
2
5
9
Having someone understand your vision, share the same passion to create that vision, and commit their valuable time to build together, is one of the best feelings in the world.
1
0
10
Was skeptical at first, but
@gucci
be looking real nice on
@BoredApeYC
😍😍
#MAYC
#apesfollowapes
#bayc
#nfts
2
1
9
Live from our AMA about the massive Gaming Catalyst Program proposal for Arbitrum.
@FranklinBi
made a great point about not getting into bidding wars with other networks.
I 100% agree with this, and when co-authoring the GCP with
@karelvuong
, sustainability was always top of
0
1
10
A lot of these tips seem basic, and they are. None of the above should be earth shattering learnings, but sometimes, the basics are the most easily missed.
The bear market hurts, and it's during this time that your leadership is most needed ♥️
0
1
9
@TheApeList_
@garbagefriends
Mutant apes are natural consumers of garbage
So that makes us friends right?
0
0
9
@3xdela01
@daytradingrauf
@GMX_IO
@vela_exchange
1 GMX token
but seriously, if he was paid 10 dick coins but the fees are actually lower, does it matter?
try it for yourself if you don't believe it
1
0
10
@BartekLaBartek
@vela_exchange
This is an example of why
@vela_exchange
has the best community in all of DeFi 😍
0
0
9
Make a damn good trading experience, as that's what really matters.
The evolution of the perpetual DEX will soon become apparent to you all in January!
As we edge ever closer to our beta, expect to see more features drip fed by
@vela_exchange
in anticipation 🤞
We have some big news to share!🤯
The moment you've all been waiting for...
The Vela Public Beta is coming, and it's going to be HUGE.
Mark your calendars for January 18, 2023 because that's when the fun begins🥂
371
3K
4K
1
1
9
@2xnmore
@cyrilXBT
@RvCrypto
@reptilepres
@ViktorDefi
@CryptoGirlNova
@crypthoem
@defiinvestor
@defi_mochi
@wauwda
@BraverCrypto
@cardano_whale
@IamZeroIka
@MercyDeGreat
@Only1temmy
@thelearningpill
I’m not an influencer though. I just build shit and shit post.
3
0
8
Looking to buy more NFT art pieces...what collections and projects should I be looking at? Pretty new to the art space so could use some shills and advice.
#nfts
#art
#galleries
@artblocks_io
#crypto
12
0
5
3. Invest in personal time and connections (cont.)
...spent time with their loved ones. It can be hard, but try to encourage vacations and downtime, and check in on your team members over casual calls or meet ups.
The key is to actually give a shit. If you don't, they'll know.
1
1
8
@Rakibul7878
@vela_exchange
There is a very small minority of refunds that have not been processed, and it is in the works
0
0
8
@buttcoinflex
@vela_exchange
@arbitrum
Private alpha already in flight, public beta next, I’d say baby Vela is already growing thicc legs
0
0
6
@vela_exchange
@arbitrum
Really proud of our team
@vela_exchange
, super excited to finally announce
@arbitrum
as our home :)
0
0
5
@CryptoKaduna
a comparison of protocols on each chain over time vs TVL would be really interesting
Arb is growing because of many things, but builder support is one of the top benefits IMO
1
0
6
1. Vision is everything (cont.)
...but they must be done and to team members must be able to connect the dots between their workflows and the vision.
Your belief in the vision has to be authentic, and communicated often, or your team won't feel the right energy.
1
1
7
2. Limiting the 24/7 news cycle
Yes, there are exciting morsels of crypto drama (re:FTX) and even bigger macro events being released all the time.
It's addicting.
Limit your time to gather the most important news, and then stay away from the blackhole that is social media...
2
1
7
1. Vision is everything
The vision should drive all activities for your team (if you don't have one, better start).
Don't be afraid to relate even the most mundane of activities back to the big picture. Yes, excel sheets or CSS updates can be tedious...
1
1
7
2. Limiting the 24/7 news cycle (cont.)
Yes, ironically that includes Twitter (thanks for reading).
Turn alerts off when you are in the zone and tell your team to do the same.
Seeing constant, often depressing news will impact your morale, even if you don't realize it.
1
1
7
3. Invest in personal time and connections
Defi is 24/7, and it can be very hard to balance time between remote teams across the world and the constant barrage of new data coming in.
I have had several team members tell me they don't remember the last time they...
1
1
7
@SCSLabsResearch
@vela_exchange
damn the quality though...who else creates content anywhere close right now?
0
0
5
@galinhacio
@Flowslikeosmo
@vela_exchange
@axelarcore
Are there people trying to farm the airdrop? Yep. Are they still contributing to the beta test? Yep. Just glad we have people testing the crap out to the platform so we can improve it across the board for official launch 🚀
1
0
6
Superplastic
#metaverse
is kicking off in a big way with Janky Coins launching Nov! Janky Heist is a legit sleeper that's just going to get better over time.
@superplastic
#jankyverse
@janky
@guggimon
#NFTs
1
0
7
@SoulZ_NFT
@KaijuFrenz
yea just don't make me collect another orb, I might jump off a building
2
0
5