$lstSOL Crossing 1.2 SOL soon! But TVL almost tripled!! Which means new stakers are not diluting the pool. We are generating more values for our stakers than ever!
@Lavaragexyz
$lstSOL just crossed 1.1 SOL.
What does this mean?
We have outperformed every SOL single-staking product. No impermanent loss. Pure yield.
Will write an explainer 🧵🪡 tomorrow + exciting news.
P.S. I am the single largest staker
Losing something precious, being lied to, being betrayed, having your hopes dashed...
Feeling frustrated, angry, desperate, or unsure of where to turn?
You may be walking the same path as everyone else during this time of grief. A🧵about how to cope with recent market events
Inspired by
@ZheSolworks
and
@0xSoju
I created Solana Sendr () to allow people to send $SOL (token sending coming soon) without a hiccup.
- 100% success rate in sending SOL during congestion 💯
- Custom tip amount
Will be integrated into
@Lavaragexyz
@Lavaragexyz
$lstSOL just crossed 1.1 SOL.
What does this mean?
We have outperformed every SOL single-staking product. No impermanent loss. Pure yield.
Will write an explainer 🧵🪡 tomorrow + exciting news.
P.S. I am the single largest staker
The good news? Today we are confident enough to let everyone stake their SOL through . Non-Lavarock holders have a limit of 100SOL, and Lavarock holders can stake unlimited amount of SOL. Spread the word and may the spirit of lava be with you all.
1/ Many of our Lavanauts have been asking about our points program, Tephra, and our NFT collection, Lava Rock Alpha Series. Basically, everyone wants to know: Wen token? Wen free money? 💸
Since (not so) stealth launching staking (lstSOL) in late May we have achieved a return of >10% (40% APY). Our OGs have captured the full returns while people who joined after
@SolanaSummitOrg
have captured upwards of 6% return. Here's how we did it, and how we gonna improve it.
2/ Let's get one thing straight. We're working extremely hard to build a scalable and sustainable business, not a charity. Inside the Lava lab, we focus on product market fit, revenue, and profit – boring old Business 101. 📊
@weremeow
9/ The Tephra program will be divided into a series of Missions. Assuming 2 weeks per Mission, this gives us 8-10 Missions to build, measure, and learn together before our highly anticipated token launch (wen token? 🤫)🚀.
@weremeow
10/ If you are still reading this, good for you. We want to serve you and work with you to build tremendous value for us together. Stay tuned for more details in the coming days.
See you on the moon, Lavanauts! 🌕
7/ You will earn Tephra in different ways, but the key metric for us is $. You'll be rewarded based on the amount of $ you bring to Lavarage through fees generated and TVL staked. 💰
3/ We've all learned there's no free lunch in this world (except maybe at crypto conferences). Nothing valuable is given for free, and if it is, it's likely worthless. 🤦♂️
Good Morning
Have you heard about
@Lavaragexyz
there currently in beta at moment have a fantastic team.
You can now leverage
@daumenonsolana
throw there site.
4/ You might be thinking, "These Lavarage folks are so greedy and old school – definitely NGMI! Where's the unicorn-breeding, token-pumping narrative to change the world?" 🌏
8/ A wise cat
@weremeow
from the planet Jupiter highlighted that focusing on token utility over value is a flawed approach. We wholeheartedly agree and that’s why we focus on a revenue-generating community because $ = value. Again, business 101...💡
5/ Sorry, we're not storytellers. We're devs working our asses off to build a product-driven business. Our NFTs, points, and tokens are created for the benefit of both us (the builders) and you (the users). 💻
This is brutal. A good product will only send the speculative portion of your token price up. You need revenue and good tokenomics to maintain that price.
They all say that memecoins and platforms/bots are all about extracting value (in SOL) from Solana. While that's partially true with all those ruggers are grifters in the space, memes are undeniably the major driving force for the SOL community to be so bonded nowadays.
6/ Here's the simple breakdown:
1️⃣ We, the team, work hard to build the (best) products.
2️⃣ You, the users, use our products and refer others, driving revenue.
3️⃣ Together, we build one of the top DeFi businesses.
4️⃣ We share the tremendous value we create together. 🤝🏻
📢Hey, Arbinauts! 👨🚀👩🚀
Pine Protocol has officially "landed" on
@arbitrum
! 💙
Seeking liquidity for your Arbitrum NFTs or scouting for prime yield opportunities? Look no further! 👇
🧵1/5
Now that I’m on a flight to
#koreablockchainweek
, allow me to write about something crazy.
I believe the next dApp that succeeds at a scale like pumpfun or jup will be one that
- spreads alpha
- helps people win big
- has perfect execution conditions (accurate info and fast
Thanks for all the support. Updated the dapp to support sending tokens too. You can now send Tokens through
@jito_labs
bundles and avoid congestion.
#MakeSolanaGreatAgain
@Lavaragexyz
has also been routing transactions through
@jito_labs
starting today!
Inspired by
@ZheSolworks
and
@0xSoju
I created Solana Sendr () to allow people to send $SOL (token sending coming soon) without a hiccup.
- 100% success rate in sending SOL during congestion 💯
- Custom tip amount
Will be integrated into
@Lavaragexyz
I have been working on a plan relentlessly to unlock some of these value locked in the LPs of memecoins, especially LP tokens that are still held in the hands of memecoin traders. MMGA!
I created a restaking team for
@Lavaragexyz
enjoyoors to restake on
@Picasso_Network
. Let’s raid the leaderboard together!! The ID is Lavarage_xyz-U4BD-0L8F-MD3K
Restake on now!! Please DYOR!
Ready to chase down a record high of 200,000 prize pool tokens in our new Airdrop Arena?
Thanks to Solana's top dog,
@samoyedcoin
, you can now secure a guaranteed allocation from the 200,000 $SAMO tokens (valued over $2,000 USD)!
Unleash your inner trading hound and fetch our
We're enthralled to announce that
@PineLoans
now has an official channel on
@epnsproject
!
Users can now visit and start their notifs journey with a simple opt-in 🔔
For more details:
#NFT
#Collab
#NFTs
From the 734 liquidations that we have executed, over 75% yielded a win for our stakers. The avg win and loss is range bounded at around -16% to 10% which shows that our choice of liquidation LTV at 90% stands the test of time. We are not trying to grift people out of their pos.
1/ What is Whitepaper NFT?
Whitepaper NFT (WNFT) is a socio-economical experimental art movement and research project led by human behavioural researcher Jan Yu, blockchain developer Alex Ho, economist Kneta and thinker/writer Andrea.
We are not going to stop improving. On the application level, we are going to implement dynamic liquidation LTV for newer coins. Think 85% liquidation LTV for 1-day old and low mcap coins. This will help us offer more coins for people to trade.
If you staked from the start, you earned 8.4% already. Thats like less than 2 months. With 60% APY SOL on SOL and whitelist only, you really cant miss this
@Lavaragexyz
The good news? Today we are confident enough to let everyone stake their SOL through . Non-Lavarock holders have a limit of 100 SOL, and Lavarock holders can stake unlimited amount of SOL. Spread the word and may the spirit of lava be with you all.
First, an explainer. lstSOL (Lavaraged staked SOL) is basically a hybrid between an LST and an LYW (liquid yield wrapper). Part of the SOL is natively staked to validators like
@jito_labs
@JupiterExchange
, while part of the SOL is lent to memecoin traders.
By far the most addicting opportunity I have come across. I would not say its any innovation. This is just good old margin trading. But the whole experience is just like shrooms on steroids. And with
#points
Introducing Tephra☄️: Lavarage's exclusive rewards points! Begin accumulating Tephra by trading on Lavarage. More info here:
📢 Pile up Tephra also by completing social tasks:
🌋 Lava Rock Alpha holders can earn extra rewards!
Hopefully, with the new systems in place, we could achieve win-win for our traders and stakers. A more efficient risk management engine means higher liquidation LTV and lower liquidation risk for our traders, and overall lower drawdown risk for our stakers.
Taking memecoins as collaterals is incredibly risky, but we managed that risk pretty well. We have been through two or three times where even major memecoins are down 70%, not to mention the 380 other smaller and newer memecoins that we are lending to. Let's see the data.