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John
@imajinsize
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Nothing in life is granted, so win. Cut out the noise.
Deutschland
Joined December 2017
RT @hue_nfts: We’re beyond hyped to announce we’ll be at @EthereumDenver, posted up at Elastic House with some of the dopest builders in th…
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RT @FatNostril: NFT GIVEAWAY ‼️ 🚨 2 Apu Apustajas Both myself & @APUMAXI giving away 1 each 1- Nuclear Background ApuMon Apustaja 2…
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Lets froggin goo $APU
Henlo 🐸 We are pleased to announce that Apu has secured the dutch auction for a spot listing on @HyperliquidX . In this post, we'll go over what this means for APU. We will additionally make a post at a later date with instructions on how to bridge APU to Hyperliquid and purchase APU on Hyperliquid once it's possible. For those unaware, Hyperliquid (HL) is a fully on chain orderbook, soon supporting non-native tokens with the EVM launch. It provides a CEX like experience but the transparency and security that comes with being on chain. Apu originally launched on Ethereum and has secured partnerships with top protocols and exchanges in under a year since its inception. As the Apu brand continues to grow, we want to continue to expand our reach to corners of crypto where innovation lies. By securing a spot listing on Hyperliquid, the #1 decentralized orderbook exchange with perpetual futures and spot volumes rivaling Tier 1 Centralized Exchanges, we believe that this effort brings Apu to the forefront of a hot ecosystem with a sophisticated userbase. (TLDR: More frens) By bridging tokens over to Hyperliquid, we can now get Apu in the hands of more people who otherwise may not have bought in the first place due to cost prohibitive fees & those who want to purchase with the least amount of price impact. This does not mean that we have launched a new token on Hyperliquid once live. The price on Ethereum, Solana, and Hyperliquid should theoretically be the same. If they aren’t, parity is reached quickly by individuals and bots sending supply back and forth between chains and making buys/sells until each chain reflects an equal price. Because Apu is an ERC20 token, it cannot yet be bridged to the Hyperliquid ecosystem. Enabling Apu on Hyperliquid will be possible once the HyperEVM launches, with an estimated launch date of this quarter. In summary, bridging Apu to Hyperliquid now allows us to get Apu in the hands of more people that have sizeable capital on chain, yet want execution that can only be provided by a Centralized Exchange or its equivalent. Hyperliquid has managed exponential growth with over $2B in stablecoin TVL and often #4 in 24hr revenue only behind Tether, Circle, and Pumpfun. This growth can be explained in large part by Hyperliquid's unique orderbook execution that supports 100,000 TPS, and liquidity management that minimizes price impact, granting users a CEX like experience on chain. On a final note, we do want to clarify that Apu whales used their own money to secure the $APU ticker and no funds were used from the Community Wallet to make this happen. Just another item that shows how dedicated our whales/community are to the project.
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