Nemo♓️

It's official - the Narwhal @DuneAnalytics dashboard is now live! 📊 You can now track key stats like trading volume, TVL, trader count and more! 🔗dune.com/narwhal-financ… What other data should we add? Let our founder @0xNemo__ and us know in the comments below 👇

MAINNET BETA TRADE STAKE SHARE LIVE NOW

@Defi_Maestro @0xMantle Did I hear perps

Overall TVL for @0xMantle still slowly on the rise but teething issues remains to be sorted out. - On chain liquidity still too low. Will require liquidity bootstrap through token incentives. - Native bridge works well but external bridges required to ease bridging friction. - CEX liquidity primary concentrated on @Bybit_Official and more CEX liquidity required to ease geographical restrictions on users for accessibility of $MNT - Protocol Token incentives will be required to start prior to kickstarting the composability flywheel on chain - Launchpads for new tokens required to be launched before native tokens start to flow into the ecosystem. - Perps platform required to strengthen core DeFi backbone on the @0xMantle ecosystem - Integration of the @0xMantle chain on tracking platforms like @nansen_ai and @DeBankDeFi for ease of portfolio tracking - Integration of @0xMantle on popular wallets to low barriers of access for users Currently working on addressing these issues before we can start seeing more progress on chain. Still plenty of work remains to be done post launch Step by step building an ecosystem that I want to see for DeFi users. Cheers

Thanks everyone for coming over, it was a blast! 🔥 There'll be a recap of the AMA soon in case you missed it. 😎 🛎️ If you've won in the AMA, don't forget to DM us with your wallet address. See you all next time! 👋 Special thanks to @0xNemo__ @GuppyNarwhal

#AMA for the Tokenless Launch 🚀 Mark the date! ✍️ We know you are very excited for the tokenless launch, there were countless inquiries and its time to answer all your questions! ❤️ 📆 Date: 17 Jul 2023 ⏰ Time: 10:30 UTC 🎁 Rewards: 200 USDT More about the AMA and rewards 👇

@Narwhal_Finance Hey I normally don't look this happy

We do a little farming today

@Narwhal_Finance @BNBCHAIN @arbitrum 🌱🌱🌱🌱

🥳Narwhal Grand Opening - NLP Pool🥳 The wait is over! Our #NLP Pool on @BNBCHAIN and @arbitrum is now LIVE! app.narwhal.finance Buy and stake NLP with USDT to start planting your seeds! 🧑‍🌾 🧵

Soon

Thanks James and the @AnimocaVentures team for the feature!

gigachad

lfg!

@Narwhal_Finance lfgggg

Invitational Testnet is LIVE NOW 🔥 Welcome to the Narwhal wonderland! 🎡 Be sure to bring along this ultimate testnet #Survival #Guide! 📜 🔗 bit.ly/NarwhalTestnet… 👉 Testnet Features 👉 Airdrop Tasks 👉 Bug Bounty 👉 Gas Drop Testnet 🔗 testnet.narwhal.finance 🧵

Just got a sneak peek of the @Narwhal_Finance testnet and it's mind-blowing! The UI is unbelievably smooth, giving me major early GMX vibes 🤫 Can't wait for this platform to launch! 🫡

@AltcoinHuckster @Rewkang Kind of missing the point of the thread -- not to shit on GLP but to highlight practices that perp dexes can do to reduce market risk Past 3m GLP still lost 15m regardless

@0xNemo__ @Rewkang At least post the latest screenshot of traders net PNL instead of the one ending in March, and the chad you mentioned has a negative PNL on GMX as shown below

GLP lost over 30M to traders over a 3 month period. Chads like @rewkang are completely crushing it and GLP holders are learning a painful lesson A thread on risk Management for P2Pool Perps, and what you need to know before providing liquidity 🧵

Further reading: I discuss the state of the perps market in a previous thread here

When designing Narwhal, we took all these learnings in mind, and want to push the industry forward towards better risk management. Degen responsibly 🫡