Angehefteter Tweet
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What if a DEX gave **100% of trading fees** to voters?
✅No cuts. No team take.
✅Just pure redistribution.
Meet @PharaohExchange - the ve(3,3) DEX on Avalanche. 🔺
#PHAR #AVAX #DeFi
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In $PHAR 🔺We Trust
1.1K posts
In $PHAR 🔺We Trust
@pharaoh_intern1
🔺 PHARAOH MAXI - $xPHAR HOLDER - Nothing to do with Pharaoh team
Beigetreten Nisan 2025
287 Folgt131 Follower
@wagmiAlexander @stacy_muur The only metric worth noticing is revenue (for holders)
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Tradable pairs on DEXs ↓
Uniswap: 21.2M
PancakeSwap: 2.7M
QuickSwap: 141.9K
Orca: 77.9K
SushiSwap: 70.3K
LFJ: 53.0K
Aerodrome: 27.4K
DODO: 23.0K
Balancer: 8.2K
ApeSwap: 7.8K
Uniswap has more pairs than all of its competitors combined.
HT
In $PHAR 🔺We Trust retweetet
Team1 USA Builder Spotlight 🔺🇺🇸
@LHBCrypto co-founded @PharaohExchange in 2023. Since then, he has been a consistent presence in the community, Avalanche DeFi and has delivered value to our ecosystem beyond his own project.
What is Pharaoh?
Pharaoh is a concentrated liquidity exchange on Avalanche C-Chain, designed to serve as Avalanche’s central liquidity hub.
Users can swap tokens, provide liquidity in custom price ranges, vote on gauge emissions to direct incentives, and earn rewards through the $PHAR token. The innovative Autovault feature lets xPHAR stakers automatically collect voting rewards in any token they choose.
Fragmented liquidity and weak Liquidity Provider (LP) incentives have held back Avalanche DeFi’s depth.
Pharaoh addresses this by letting xPHAR stakers vote on where liquidity incentives flow, and by earning 100% of protocol fees in return, keeping capital aligned and onchain.
At the time of writing, Pharaoh has $47,653,248 in TVL, 30-day volume of $537,426,412, and monthly revenue of $323,397. Impressive numbers.
Beyond Pharaoh, lame hillbilly has contributed to the broader Avalanche ecosystem in many ways including recently as a judge for Build Games. He has done the work, both inside and outside of his protocol, and Avalanche is a better place because of it.
Check out Pharaoh below 👇
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In $PHAR 🔺We Trust retweetet
How Avalabs/Fdn can kick off DeFi summer on Avalanche and save the chain while making native users rich and attracting new users:
Step 1) Migrate all blue chip liquidity away from LFJ and BHole to Pharaoh Exchange and increase the TVL on blue chip pairs 10-20x
Step 2) Convert all their xPHAR to P33 to fuel natural weekly buy backs and burns on PHAR
Step 3) Add boost vote and LP incentives to gauged pairs for community tokens with their farmed PHAR or AVAX to attract more users to get involved in providing LP and voting.
Step 4) Continue this flywheel until Pharaoh hits 1B+ in market cap and TVL and stacking more xPHAR
Step 5) Make Pharaoh Exchange the official Dex of Avalanche after accumulating majority ownership (the aero playbook)
Step 6) Onboard many new users and protocols to Pharaoh with very attractive yield from PHAR emissions
@PharaohExchange is the people’s DEX where 100% of fees go to token holders/voters and 100% of the emissions goes to LP providers. This is not true for any other DEX on the chain.
Increasing the AVAX/USDC liquidity alone 10-20x on Pharaoh while everyone gets on board and holds their P33 could fuel $2 million+ in weekly buy backs on PHAR.
Start the rally, support the community, save the chain. 🔺
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@PharaohExchange $p33 is the most easiest way to get involved with Pharaoh Exchange, where you compound everything every week into more $xphar - yes i suggest everyone to hold at least 10% of their portfolio in $p33 lol
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@JustnThePhotog @Don_The_Wonton Why have to twap when you can send a god candle? 😂😂😂
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@Don_The_Wonton I mean Emin literally gunna twap out a Billy whenever they do so 🤷♂️
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So let me get this straight... avalanche has two dats that have been waiting for approval, sitting on the sidelines with $1,000,000,000 of dry powder that they can only legally use to open market buy avax
Whats the price of a $4B network cap when you fat finger a billi into it?
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@PharaohExchange Know that $phar will eventually hit $1
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@keccakdog @NestExchange That is insane -- props to you for the white-hat.
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@NestExchange never released the truth of the exploit, so will release it here myself; as anyone who has the misfortune of trusing these guys will soon regret it.
We disclosed probably the most critical vulnerability any "ve" dex could have. Locks were able to be UNLOCKED, at will, each week. They claim no funds were at risk, but anyone with a brain understands what that means. Don't even care what DEX you use besides them, just stop trusting low-grade scammers before you regret it.
To make matters even more embarrassing, we found it with one LLM prompt to check for any common vulns. Stay safe
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@zxfrostbyte @PharaohExchange Why you gotta hold your pee?
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@PharaohExchange Never forget to vote when holding p33
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I CAN SMELL A HUGE PUMP.
$AVAX ABOUT TO GO PARABOLIC. 🚀
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$AVAX will have a monthly green candle where it will push $80 to $1200 in just 4 week. The move will be very very hostile and Entire asset market will get shock from $AVAX move. There is no escape from Avalanche.
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except grotto, avaxbingo, hashcash, benqi and arena
what you guys doing on onchain these days?
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@PharaohExchange @avax I cant attend but i want one!!!! 🥺
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@lordjorx @AerodromeFi @Uniswap Aero is great protocol, and speaking of p/s ratio, i suggest you can calculate yourself p/s of @PharaohExchange ;)
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AERO is 86% below ATH but everything will make sense in the bull.
At $0.33, @AerodromeFi trades at a P/S ratio of 4.19x against @Uniswap's 53x while already generating 15.6% of Uniswap's 30-day fees. The valuation gap is absurd.
One clarification about yesterday's post:
sAERO is just a rebranding of veAERO. Same 4-year locking mechanism for maximum voting power. The naming is simpler but the economics are unchanged.
I didn’t mention the REV Engine, which is super important because it expands revenue:
> Internal MEV Auctions via Slipstream V3 redirect arbitrage bot value back to the protocol
> Metaswaps capture bridge, aggregator, and DEX fees in cross-chain flows
The Momentum Fund commits protocol revenue to buy back and burn AERO. Backtests suggest this could have removed over 100 million tokens from circulation over two years. This is more than a 10% the circulating supply.
The ve(3,3) model depends on market state (in reality all DeFi projects do) but in my opinion these protocols are the most dependent. This is why the majority died.
When volumes return and the token rises, the bribe flywheel accelerates, liquidity flows in, swaps become more efficient, fees increase, and the loop compounds.
Just survive the down cycles and ship during them.
Jordi in Cryptoland@lordjorx
Staking replaces locking. Aerodrome's new chapter. @AerodromeFi and @VelodromeFi are merging into Aero. Together they've processed $342 billion in volume and distributed over $1.3 billion to participants. In fact @AerodromeFi recently crossed a milestone: earning more than $1 of revenue per $1 of emissions, completely offsetting dilution. The language is changing because the model is evolving. MetaDEX03 introduces terminology that reflects how the system actually works: > "Staking" replaces "locking" because the token can be traded or transferred. > "Allocating" replaces "voting" because it's about directing rewards, not governance. > sAERO holders allocate AERO rewards to pools and earn exchange revenue in return. The real shift is Predictive Allocation. Instead of weekly voting on past fees, sAERO holders allocate rewards in real time as revenue accrues. The system rewards those who predict future trading activity, not just last week’s performance. Using 180 days of data from 40 top pools, 48-hour predictive signals improved on-target emissions from 48% to 70%, while off-target allocation fell from 31% to 8%. The cbBTC launch on Base confirmed it, with early allocators capturing 43% higher fees by anticipating growth. This also enables AI agents. The team is building an agent marketplace where users choose strategies by risk profile, while Autopilot lets them delegate allocations to the team or an agent automatically. Good allocation management can now generate higher returns than simply following the crowd. I don't know if this will play out perfectly at scale, but I like that they're building something new. The truth will show itself on Mainnet.
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In $PHAR 🔺We Trust retweetet
I'm gonna be honest:
@PharaohExchange is the best DEX on avalanche. Not only because we build locally and refuse to integrate 3rd party integrated slop, not only because we ONLY build on Avalanche, not only because the founder shows up everyday in all communities, not only because we got 1.5m in audits before launching v3 making it the safest place to be.
But statistically we beat out all competition in terms of long term health with inflation & revenue balancing.
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