Monk3y

@dyson_money 😀

UPDATE: Concentrated Liquidity Vaults 🚨 After implementing comprehensive security measures, all Dyson CL vaults are now 𝘂𝗻𝗽𝗮𝘂𝘀𝗲𝗱 ⭐ Users can now freely withdraw funds, with a 'Withdraw' tag for easy navigation and a streamlined UX. Note: Vaults continued compounding during maintenance. Thank you for your patience, Dysoneers 🙏

@SphereDeFi 😀😀

Our Q4 Treasury Report is out 📊 We maintain full transparency into our: 🟣 Holdings 🟣 Financial statements 🟣 Upcoming developments And more Review our latest financial activities as we continue building our ecosystem treasury to benefit Sphereans 👇 drive.google.com/file/d/1L3t_yp…

@PreonFinance 😀

Our stablecoin $STAR gives you the benefits of decentralization plus stability 🌟 Get the best of both worlds with Preon 👩‍🚀 🌟 Collateralize your crypto assets for $STAR 🌟 At 0% interest 🌟 Yield farm your $STAR Get stable yield today 👇 app.preon.finance/earn

@SphereDeFi @PreonFinance 😀

Sphere gives you the opportunity to leverage your holdings without compromising your portfolio 🔮 Transactions on $SPHERE tokens have 0% tax on: ➡ Buying ➡ Selling ➡ Transfers You can also: 🔮 Use assets as collateral for 0% interest on @PreonFinance & yield farm the $STAR stablecoin 🔮 Maximize yield on your crypto holdings on @dyson_money 🔮 Yield lock your $SPHERE tokens to earn real yield on Dyson Flexible capital without compromising your holdings! 🫡

@SphereDeFi 😀

Sphereans, we're excited to announce Sphere's updated roadmap for 2024 - for now 🗺️ As we reflect on massive growth since launch in 2022, this renewed vision carries us into the next phase of growth and beyond. So let's find out what this means for Sphere - with a caveat 👇 🔮 Why The Update? We streamlined our roadmap to filter out past achievements in order to shine a spotlight on the most monumental forthcoming milestones - those that align most with our mission and ethos, and will accelerate ecosystem-wide adoption and utility. Every step contributes to progress, and highlighting key advancements allows us to showcase the immense utility our interlinked protocols provide for DeFi users more effectively 🦾 Check out the renewed 2024 roadmap here 👇 sphere.finance/roadmap As a caveat - this renewed roadmap is NOT final 🔴 We have big announcements in store not highlighted here - so stay tuned for more 🔮 Now let's get building 🚧 What upcoming milestones excite YOU most? Let your voice be heard! 👇

@dyson_money 😀

Dysoneers, we're excited to announce something truly special 📢 Our dev team has been hard at work behind the scenes rebuilding our API from the ground up to hugely improve Dyson's UX ⚡ Easier yield maximization now at your fingertips! 🦾 More details 🔜

@SphereDeFi @PreonFinance @DIAdata_org @dyson_money @mean_fi 😀

The new Sphere Monthly Report is out! 📰 We go over: 🔮 @PreonFinance's integration with @DIAdata_org 🔮 The new @dyson_money upgrade 🔮 Preon's @mean_fi partnership And more! As always, full transparency into new ecosystem developments 🫡 Read more: @SphereFinance_/sphere-monthly-report-em-4-ef0323268577" target="_blank" rel="nofollow noopener">medium.com/@SphereFinance…

@PreonFinance @mean_fi @arbitrum 😀

We're thrilled to announce that we’ve partnered with @mean_fi! 🤝 Users can now conveniently leverage $STAR to gaslessly DCA into any ERC20 token with a low swap fee of 0.6% on @Arbitrum 🌟 And you only pay gas when: 🌟 Creating 🌟 Modifying 🌟 Withdrawing balance 🌟 Setting/revoking permissions 🌟 Closing your position More access and utility - flexible capital through collaboration! 👩‍🚀 Get in on the action 👇 mean.finance/create/arbitru…

@PreonFinance 😀

We're building Preon to be a one-of-a-kind CDP 👩‍🚀 At the heart of our protocol is the $STAR stablecoin 🌟 And as a stablecoin, maintaining $STAR's dollar peg is crucial. So let's dive deep into all the strategies we use to ensure $STAR's peg stability 👇 🌟 Borrow Mechanism When users borrow $STAR, they receive their tokens at $1 per $STAR token 💲 If $STAR's price trends above $1, incentive arises for borrowers to collateralize and sell the new $STAR at a profit. This additional supply pushes price back down ↘ If it trends below $1, then users with active positions gain the ability to buy $STAR at a discounted price, then pay back their loan for that discounted price 😎 🌟 $STAR Cap Each collateral vault type has a cap on max $STAR that can be borrowed. This keeps $STAR distributed across vaults so it's always overcollateralized - more backing collateral than $STAR tokens in circulation ✅ This combination of: 1️⃣ Vault collateralization caps 2️⃣ $1 mint pricing... introduces core stability dynamics. But we also have other specialized modules in place... 👀 🌟 Peg Stability Module Enter the PSM, which allows exchanging stablecoins 1:1 for $STAR 💱 If $STAR drops below $1, arbitrageurs can buy and deposit $STAR to get another stablecoin like $DAI for a profit ✅ Similarly, if $STAR rises above peg, traders buy and deposit a stablecoin like $DAI to obtain more $STAR to sell back later at profit when price corrects. This PSM exchange enhances resilience around $1 👩‍🚀 🌟 Omnichain Integration Beyond the PSM, Preon's integration with @LayerZero_Labs provides a bridge for seamless omnichain conversion of $STAR 1:1 🌉 This bolsters peg consistency across networks 🦾 🌟 Arbitrage As we establish more $STAR liquidity pools on platforms across DeFi, arbitrage trading keeps pricing aligned across pools - more availability tightens spreads. With climbing liquidity, $STAR sees a strengthening peg over time. We're incentivizing pooling to ensure ample resources to maintain stability 😎 🌟 Stability Pool That brings us to our stability pool. Users deposit excess $STAR, which can be exchanged for discounted collateral assets in the event of liquidations ✅ Having this first line of defense provides initial liquidity to buffer volatility before spreading collateral seizure across other borrowers' vaults if needed. In total, Preon implements a multilayered approach involving: 1️⃣ Intrinsic borrowing dynamics 2️⃣ External modules 3️⃣ Trading incentives All to resiliently uphold $STAR's 1:1 peg in all market conditions 🦾 Got questions on $STAR or Preon? Join us on Discord to discuss with the team and community! We're here to empower Preonauts through clarity 🫡 discord.gg/SphereDeFi Thank you for your passion and support on this journey. Let's keep building and growing together as we advance DeFi! 👩‍🚀 The future looks bright for $STAR, Preon and the entire @SphereDeFi ecosystem. Onward and upward as we take DeFi innovation to new heights! 🌟

@PreonFinance @DIAdata_org 😀

Our integration with @DIAdata_org brings a new level of accuracy and reliability to Preon 🌟 We recently integrated a DIA oracle on Preon, and received an oracle gasdrop approval with 100% votes in favor 🦾 But what does this mean for Preon? 🤔 Let’s find out 👇 By deploying a custom price oracle for $STAR on Polygon, we’re able to display a live STAR/USD price feed. DIA provides our platform with precision real-time pricing data sourced transparently from accurate exchange feeds 📈 This unlocks immense potential for $STAR's expanding utility, as reliable valuations allow us to seamlessly incorporate $STAR into all facets of Preon, playing a critical role across our ecosystem 🌟 Users can now leverage their holdings to borrow $STAR using advanced data infrastructure ensuring smooth and optimized performance 💜 The custom STAR price feed sources data from numerous trusted DEXs using advanced aggregation methodologies for precision, with updates triggered on significant price shifts ✅ Find all the integration details on DIA's forum where we submitted an official request outlining this game changing partnership 👇 snapshot.org/#/diadao.eth/p… We're tremendously grateful to be collaborating with @DIAData_org. This marks a huge milestone toward our goal of enhancing $STAR's functionality and contributing to DeFi advancement 🤝 We believe deeply in the power of cooperation to drive innovation. By integrating with leading protocols like DIA, we can compound our efforts and make a much farther reaching impact 🦾 The future holds great promise as we explore new opportunities to collaborate. Our shared commitment to pushing boundaries fuels us ever forward To Preonauts - this integration would not be possible without your passion and support behind our mission. As always, you remain at the very heart of everything we do 💜 We created Preon to be a platform for the people, built by the people. Your involvement informs the direction we take this protocol. We're here to uplift and empower. One last time, massive thanks to our partners at DIA for teaming up to supercharge $STAR and Preon. We achieved something special, but this is only the beginning… The next era of Preon looks incredibly bright. And we want you with us every step of the way as we push for new heights in DeFi! Check out DIA's insightful article on the topic to get the full scoop: diadata.org/blog/post/part… Want to lend your thoughts on emerging integrations? Have ideas for how we can improve? Join the conversation on Discord and help guide Preon into the future! 🦾 discord.gg/SphereDeFi

@PreonFinance @DIAdata_org 😀

Preonauts, we're excited to announce our integration with @DIAdata_org! 👩‍🚀 By leveraging their robust price oracle, we can now provide accurate and reliable price feeds for $STAR lending and borrowing 🌟 This takes your position tracking on Preon to a new level of precision and reliability 🦾 Read more: diadata.org/blog/post/part…

@dyson_money nice an update

We're live with Dyson 2.1.2! ⭐ This patch brings: 🔺 Minor visual fixes with tables, paginations & filters ✅ New paused flag feature As always, upgrades roll out to improve the Dyson experience for our community. Check it out! 👇 dyson.money

@PreonFinance @DIAdata_org heck ya

Hey Preonauts, we're happy to announce that the @DIAdata_org on Polygon PoS STAR/USD Price Feed proposal is now live! ⭐

@dyson_money yields on yields

Meet your milestones without worrying about compounding ⚡ Dyson puts your tokens to work around the clock ⏳ Our auto-compounding vaults take the effort out of yield farming 🔺 Easy optimized automated yield all day long! 🦾

Tired of rigidity? Sphere enables diverse solutions tailored to your vision. Easily leverage crypto using: ➡ CDPs through @PreonFinance ➡ Auto-compounding yield maximization on @dyson_money ➡ Passive real yield through $ylSPHERE Sphere's here to power your vision 🔮

@SphereDeFi @PreonFinance @dyson_money going to be the best ecosystem in defi

The future of @ethereum seems bright given its spot as the #2 token and the home of innovation in DeFi 🔹 Yet users face a tough choice: Preserve their $ETH value or seize new opportunities? Here's how Preon solves this issue 👇 Our CDP lending protocol lets you leverage crypto collateral at 0% interest to access funds without selling assets ✅ How does it work? 1️⃣ Use $WETH or $wstETH on @arbitrum as collateral to borrow our $STAR stablecoin 2️⃣ Put that capital to work while your holdings remain intact $STAR itself offers reward opportunities like our Aura Finance pool with $USDC on @arbitrum at a powerful APR 🦾 $STAR can also be deposited in our stability pool to get discounted collateral. As your collateral value appreciates, you can... 🌟 Borrow more over time 🌟 Opt for higher risk/reward by using $STAR to acquire additional $ETH collateral and borrow again We empower you to leverage without compromise, but be careful to watch your LTV 🚨 Going too high on LTV risks liquidation, so manage risk accordingly ✅ When you close your 0% interest loan, simply repay your $STAR and retrieve 100% of assets deposited! 🔹 As part of the @SphereDeFi ecosystem alongside @dyson_money, Preon is part of a long-term vision of interlinked DeFi innovation generating yield 🔮 An example of how this looks in practice ⬇ 🌟 Lock your $SPHERE into $ylSPHERE via @dyson_money 🌟 Earn blue chip tokens like $WMATIC 🌟 Use that as collateral in Preon Synergy and flexibility 👩‍🚀 We're only getting started in realizing the full potential of DeFi, and Preon aims to be on the leading edge with our offerings 🦾 Join us as we continue to roll out updates and discuss new opportunities 🤝 Our community is key to informing our path ahead 🫂 Got questions? Want to lend your perspective? Jump into the conversation on Discord 👇 discord.gg/SphereDeFi Don't foorget to watch our latest video on Sphere TV, where @PriceProtocol dissects this same topic! youtube.com/watch?v=X3C0Vd… Let's build the future of DeFi together 👩‍🚀