CT ⚔️
19.3K posts

CT ⚔️
@0xToit
⚔️ On a journey through #Crypto, #Blockchain, #DeFi & #DAO’s Transitioning from Defi user to Trading



Synthetix is going all-in on Ethereum mainnet, staking just got a massive upgrade, and perps are evolving. Learn what's happening at Synthetix in our next Biweekly community call. You’ll want to hear this one. 📅 June 4, 22:30 UTC 🎙️ On X Spaces: x.com/i/spaces/1lPJq…

Synthetix is going all-in on Ethereum mainnet, staking just got a massive upgrade, and perps are evolving. Learn what's happening at Synthetix in our next Biweekly community call. You’ll want to hear this one. 📅 June 4, 22:30 UTC 🎙️ On X Spaces: x.com/i/spaces/1lPJq…

Had a conversation with a Curve guy today and he said 5m DOT incentives for Hydration would be a huge boost to the ecosystem


GIGADOT IS LIVE 458,000 GDOT out of 2,222,222 capacity filled so far Current APR at 29% without looping ➿

TVL growing even in bear market after collapse of eth, dot (which is our most common asset on platform) and other alts by 50%-70% in last 3 months is nothing less than giga bullish.








DIE HARD @synthetix 420 Pool 133,000,000 $SNX Moved to delegated staking.......

6bn+ $ of liquidity and economic throughput of DOT is massive but less available and useful as it could be, as user have to choose: - between native staking, - holding it in form of LSTs, - LPing (native or as LST), - using it as collateral (again native or as LST), gigaDOT is wrapping all of these use cases into single asset and product superior and more useful to all above. LSTs are 1 of the best crypto native product and innovations, which are still under appreciated by many, while w/o them, most of users would prefer holding PoS assets on centralized exchanges and on-chain economy would be w/o any doubts way smaller and weaker than it's today. While our frens @Bifrost did a great job, despite our collective efforts vDOT liquidity isn't as high as it will be thx to gigaDOT enabling dramatic increase of capacity and usefulness of vDOT as collateral and looping strategies, both proving amazing pmf but limited too much due to it's current liquidity. To achieve higher growth we are proposing to move vDOT LP incentives towards gigaDOT + supply ~3m of DOT used by @Polkadot treasury for diversification into $$$ into lending side of our money market (while the DCA will continue) catalysing growth of ecosystem liquidity and allowing participation of more users (even highly interested institutionals) which can't be accommodated at current state of things. I can't predict prices but this might earmark turning point for ecosystem and it's community of on-chain users. gigaDOT and other sources of liquidity useable as collateral will be mycelium and fertilisers for birth and growth of Hollar - future currency of DAOs, censorship resistant and scalable medium of exchange for citizens of world and network states. Hollar as a foundation for savings and consumers products, assets and their liquidity will stop to leak from their owners, creators and producers into hands of middlemen like (centralized) exchange owners, MEV friendly blockchains and infrastrucutre, market makers corporations. No other stablecoin can be so tightly enshrined and combined with other economic and market primitives. We will stop massive extraction and redirect value flows back to innovators, builders and their communities. Necessary essential building blocks for the future are finally coming together.


