Alfa bomb thread.
Doing some digging on @vercel subdomains and found the holy grail regarding @sig_finance…
💣🧵
Doing some digging on @vercel subdomains and found the holy grail regarding @sig_finance…
💣🧵
Disclaimer: I’m not part of the @sig_finance team and did not request permission to post this thread.
Screenshot it before they send me a cease and desist.
Screenshot it before they send me a cease and desist.
Ok so, if you’re familiar with Terra, you know teams use @vercel to test their app before launching on mainnet.
For example you can see test domains below:
@ApolloDAO: apollodao-prototype-apollodao.vercel.app
@anchor_protocol: anchor-tau.vercel.app
@NexusProtocol: nexusprotocol.vercel.app
For example you can see test domains below:
@ApolloDAO: apollodao-prototype-apollodao.vercel.app
@anchor_protocol: anchor-tau.vercel.app
@NexusProtocol: nexusprotocol.vercel.app
There are subdomain crawlers that will show you all of the apps on Vercel.
Not all are on Terra tho, so happy hunting. 🏴☠️
subdomainfinder.c99.nl
Not all are on Terra tho, so happy hunting. 🏴☠️
subdomainfinder.c99.nl
While perusing, I happened my way onto the @sig_finance Vercel deployment and consequently their litepaper too…
And I must say it’ll be one of the few I’m looking forward to launching on @terra_money 👀
And I must say it’ll be one of the few I’m looking forward to launching on @terra_money 👀
For the unaware, @sig_finance is an options protocol on Terra.
Simply, options can be seen as trading with leverage.
But the exact options and expiries will utilize a limit order book instead of an AMM.
Meaning you can make trades at your specified prices without slippage 🤯
Simply, options can be seen as trading with leverage.
But the exact options and expiries will utilize a limit order book instead of an AMM.
Meaning you can make trades at your specified prices without slippage 🤯
This limit order book model is prevalent on @solana but this will be the first of its kind on Terra.
Low liquidity? No problem.
Low liquidity? No problem.
If you’re familiar with @friktion_labs and @Katana_HQ on Solana, these option limit orders enable vaults.
For a tutorial on how these vaults work, check out @CryptoHarry_’s excellent thread below.
For a tutorial on how these vaults work, check out @CryptoHarry_’s excellent thread below.
In short these vaults automatically trade options for you and generate high APYs for single sided staking of apex assets.
What could this mean for $LUNA …?
What could this mean for $LUNA …?
Details on their vault architecture below and their unique integration with @anchor_protocol.
This means that their cash secured puts could generate an additional 20% APY on top of what we see on @solana…
Comparing to @friktion_labs… we could see 50% APY on single sided $UST?
This means that their cash secured puts could generate an additional 20% APY on top of what we see on @solana…
Comparing to @friktion_labs… we could see 50% APY on single sided $UST?
Oh man… regarding tokenomics tho.
Gone are the days of farming Terra tokens for more $LUNA.
Maturing tokenomics for a maturing chain.
Their litepaper is packed with info and a bit much for one thread.
But give me one like and I’ll drop one regarding their tokenomics. 😏
Gone are the days of farming Terra tokens for more $LUNA.
Maturing tokenomics for a maturing chain.
Their litepaper is packed with info and a bit much for one thread.
But give me one like and I’ll drop one regarding their tokenomics. 😏
Loading suggestions...