codehans

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codehans

codehans

@codehans1

wrangling the omniverse @ @RujiraNetwork

Katılım Kasım 2021
293 Takip Edilen6K Takipçiler
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codehans
codehans@codehans1·
PSA: I started here and I continue here in order to build products that make users’ lives better, create a fairer and more equal financial system, and most importantly build a system of ownership that can be accessed by those very same users. These principles are what drew me to build on Ethereum in 2016, drove me out in 2017 when ICO mania was its (first, as it turns out) complete antithesis, and was the single foundational demand I made when I re-entered the space and we founded Kujira in 2021. It’s been our north star ever since. It seems they’re being tested again. Let me be clear, we have the conviction, the tools, the runway and the mandate to finally see this through and I do not plan on going anywhere else. We are fortunate though, we have an incredible mission-led team, and a shared experience, history and learnings from the last ~10 years of building on blockchains, and the resources to execute. But tested they are. This isn’t some hype driven disillusionment like ICO mania, NFTs, hollow VC chains with inflated valuations, or meme coins. It’s easy to attribute those to hype, greed, the general human condition. Instead it’s a quieter, more insipid meta. Well respected teams selling out and abandoning token holders. Founders moving on without any regard to the communities and token holders that put them in that position. I understand that markets and times are hard these days. I’m sure for some forgoing those core values in order to stay alive is justifiable. Unfortunately as the proverb goes - the road to hell is paved with good intentions. However, through all of this, my original statement stands. We do this in the open, together, and for each other, or we don’t do it at all. We continue ⚒️
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JP@jpthor·
New ADR-027 on @thorchain @RujiraNetwork want to bring concentrated-liquidity arb for contract-sourced WASM secured asset swaps. This is supported - let's tighten spreads on the liquidity pools Recommend nodes: make mimir WasmArbSlipMinBps, value 0
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Dustin Godevais 🌖
Dustin Godevais 🌖@DustinGodevais·
You could be earning 15% RIGHT NOW on a $BTC/$USDC pair! 🤯 Checkout these two custom concentrated liquidity strategies (CCL) on @RujiraNetwork. Both are BTC/USDC. Both are the same age. So why does one earn 15% APR while the other only earns 6.5%? 👇 thorchain:native
Dustin Godevais 🌖 tweet media
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codehans
codehans@codehans1·
The DeFi Vibes are returning Now with native assets, with lessons learned, with safety and security at the core Love to see it $RUJI
RayMontreal@RaymondMontreal

Is this how we DeFi? Bruh, too easy I'm already bonding with a great node operator, so I'm comfortable with @THORChain staking mechanics. Unfortunately, bonded capital is locked up. Since I like $RUNE and feel comfortable with it (investing is about understanding and managing risk), what a great opportunity I saw here with $bRUNE I just tried this on @RujiraNetwork as a proof of concept for myself... and it was FUN! Process: 1- I deposited some BTC as collateral 2- borrowed $USDC at 40% loan-to-value 3- got RUNE with the USDC 4- swapped for bRUNE & staked it 5- set rewards to USDC paying out every $2, thanks to @AutoRujira Periodically I'll pay down my loan with the bRUNE returns. Borrowing under 5% interest on a stablecoin while confidently earning 15% + on bRUNE Part of my staked $RUJI also pays out in USDC - those revenues will contribute to paying down the debt too. Eventually, I'll have freed up my collateral and acquired a few thousand RUNE on someone else's money I think I'm winning this time

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codehans
codehans@codehans1·
@whydefi @CapSparr0w @THORChain @RujiraNetwork There’s a lag built in here after a few high volume days, and it’s also dependent on total bond value, so expect it to fluctuate. But doubtless it’s earned from trading fees and nowhere else
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Rujira
Rujira@RujiraNetwork·
For THORChain Node Operators. In this early phase, bonded RUNE is allocated across a managed whitelist of nodes. Over time, this is intended to become permissionless. If you are interested in becoming whitelisted, or would like more information, please reach out to a member of the Rujira team.
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codehans
codehans@codehans1·
$bRUNE APR just doing its thing. Last (-2d) churn’s revenue smeared over 7 days so plenty more to come
codehans tweet media
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Runemir
Runemir@RunemirQi·
After many months, I've been playing with the Thorchain ecosystem again, and I'm pleasantly surprised by how much the overall quality of protocols and tools has improved. Rujira works like a charm, offering seamless cross-chain trading, which can be scary and confusing due to its complexity, but Rujira nailed it. But there are other really neat tools like RuneBond, BooneTools, Moca App for swapping, tracking, and managing Nodes, Bonds, LPs, etc. This was always a problem with Thorchain; the general UI was frankly horrible and stress-inducing, but the improvement is now clearly noticeable. It feels ready for mainstream adoption. $RUNE $RUJI
codehans@codehans1

With this, all the pieces are in place. Upgradeable liquidity model for @THORChain's LP, including high assets like bitcoin:native that have been locked for 12+ months. Concentrated Custom Liquidity today. Dynamic Custom Liquidity tomorrow. All of it in order to capture arbitrage profits for $RUNE and $RUJI bonders, and minimise price dislocation of base layer pools == winning more swaps Watershed moment x.com/PragmaticMonke…

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codehans
codehans@codehans1·
@surdo_pte @THORChain Yup. Like a concentrated liquidity position, but where your bid/ask spread tracks an oracle price and adjusts favourably based on your average entry price. CL on absolute steroids and powered by thorchain’s prescience-protected enshrined oracle
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codehans
codehans@codehans1·
With this, all the pieces are in place. Upgradeable liquidity model for @THORChain's LP, including high assets like bitcoin:native that have been locked for 12+ months. Concentrated Custom Liquidity today. Dynamic Custom Liquidity tomorrow. All of it in order to capture arbitrage profits for $RUNE and $RUJI bonders, and minimise price dislocation of base layer pools == winning more swaps Watershed moment x.com/PragmaticMonke…
codehans@codehans1

Liquidity Coupling inbound

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codehans
codehans@codehans1·
You got it. This is a connection to multi-billion dollar bridge-less, blue-chip spot asset flows. Perfect foundation for a fully connected perps market, complete with publicly accessible and automated funding rate arbitrage markets With a fully decentralised, over collateralised stablecoin just appearing out of it, as if by magic
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Sumo 🉐
Sumo 🉐@SumoKuji·
The greater your ambitions to build, the deeper the foundation you build. $RUJI
codehans@codehans1

With this, all the pieces are in place. Upgradeable liquidity model for @THORChain's LP, including high assets like bitcoin:native that have been locked for 12+ months. Concentrated Custom Liquidity today. Dynamic Custom Liquidity tomorrow. All of it in order to capture arbitrage profits for $RUNE and $RUJI bonders, and minimise price dislocation of base layer pools == winning more swaps Watershed moment x.com/PragmaticMonke…

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codehans
codehans@codehans1·
Liquidity Coupling inbound
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Rujira
Rujira@RujiraNetwork·
The bRUNE cap has increased to 3 million! After our first increase from 50k to 2 million, the cap filled within 48 hours. Today, we are raising bRUNE to 3 million to keep up with growing demand while scaling in a controlled way. Here is how to get started with bRUNE 👇
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codehans
codehans@codehans1·
@stabletuna @MEXC Revenue is streamed at a fixed rate. You won't be missing out significantly
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codehans
codehans@codehans1·
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