The DeFi lending liquidity race is kicking into high gear. We have large ambitions and opinions about where the space will go.
To get an idea of how we think about it, check out the article in the QT
๐ Turn on tweet notifications, we have some big news this week ๐
Next-gen DeFi Lending protocols have independently coalesced on the idea that modularity and external risk management set the next stage for DeFi.
But will this be enough for teams to differentiate?
My thoughts on how to win big in lending markets ๐
Weโre stoked to announce that Sentiment is now live on
@arbitrum
!
Sentiment enables users to borrow up to 5x their collateral and deploy assets across various DeFi protocols.
Visit our site here:
๐ซ BLUEBERRY ALERT ๐ซ
The $GLP integration is now LIVE on Sentiment ๐
๐ธ Autostaked rewards
๐ Capital efficient collateral
๐ Up to 5x permissionless leverage
Join the future of finance today ๐
After thoughtful consideration, it has been decided that Sentiment V1 will sunset on Friday, August 22nd
Key things to note:
1. Sentiment V2 is currently being developed (more news on this soon)
2. Users will be able to withdraw even after support for the UI is deprecated
We are pleased to announce the Sentiment protocol has been restored to its full capacity. Users can now create accounts, lend, borrow, trade, and withdraw.
We're back at ๐
1/ The team at Sentiment has been tirelessly building what we believe is a truly novel piece of DeFi infrastructure that reimagines how capital and liquidity will flow through DeFi. Weโre excited to announce we will be launching on Friday, October 21st, 2022 on
@Arbitrum
! ๐งต๐
100% of user funds have been successfully recovered. The post below explains a detailed remediation plan for making Sentiment users whole.
Special thanks to
@wintermute_t
for their help in this process.
The Sentiment team has recently been made aware of a potential issue concerning the Sentiment protocol. We are actively looking into the situation and will provide additional information momentarily.
1/ This is the moment you've all been waiting for ๐ ๐ซ
$GLP support as collateral and for leverage trading is coming โ๏ธ ๐
Here's why Sentiment is the most efficient way to access capital ๐ ๐งต
1/ Want to make >20% yield on your stables right now on
@Arbitrum
? You can do it on Sentiment using our
@CurveFinance
integration today! Here's how! ๐งต๐
๐งตFor the past several months we have been heads down building the future of Onchain Permissionless Undercollateralized Borrowing. We have made tremendous progress that weโd love to share!
1/4
With
@ConvexFinance
support coming to Sentiment next week, users will be able to get up to 15% yield on stables and more than 50% yield on ETH and BTC soon ๐
More on that next week. But first, what is Convex?
๐งต๐
GM Sentients! ๐
We're going to be hosting an AMA with Sentiment founder
@0xSnarks
and
@coinflipcanada
from
@GMX_IO
, discussing our newest integration ๐ ๐ ๐ซ
Join us this Friday 2/3, at 12:00PM EST ๐๏ธ ๐๏ธ
๐ We are excited to announce that a
@ConvexFinance
integration will be launching soon on Sentiment ๐
Turn on Twitter notifications ๐ and join our Discord to stay updated!
๐ฅBreaking News๐ฅ
Our TVL has hit an all-time high at well over $8 million! ๐ฅ๐งฏ๐งโ๐ ๐
Access capital like never before with Sentiment! ๐
1/ Hey Sentients ๐
With the launch of $GLP coming soonโข๏ธ, we want to share some additional insight on this most notable integration๐งโ๐๐
Hereโs why Sentiment is the best home for your $GLP ๐ก
Leverage is power.
GLP yields are already attractive at ~50% APY, but imagine amplifying that up to 5x on Sentiment ๐
Many are already seizing this opportunity. Will you?
๐
Weโre thrilled to see
@SmallCapScience
and
@dcfgod
give us a shoutout on the latest
@MarketCapping
podcast. Glad to hear you guys are bullish on the most capital-efficient DeFi protocol on
@arbitrum
๐
And trust, weโve been working on the UX/UIโ coming soon ๐๐
Sentiment aims to get veFXS votes on our new $FXS Gauge from the
@redactedcartel
team.
Check out the proposal here ๐ We're looking forward to hearing from you!
Sentiment is a liquidity protocol that provides lenders and borrowers with superior user experiences since the protocol enables higher utilization of capital. But how does Sentiment work? ๐๐งต
1/
The Sherlock team has played a pivotal role in the pursuit of recovering user funds. They have been able to cover nearly $50,000 which will aid in an effort to restore user funds. The Sentiment team will continue to work diligently to recover user funds.
Sherlock paid out ~$50k today as part of making
@sentimentxyz
users 100% whole:
Note: Even if the hacker had not returned any funds, Sentiment users would have been reimbursed 100 cents on the dollar by Sherlock for this exploit.
1/4
A status update on the current situation: At approximately 06:00:00 PM +UTC The Sentiment team became aware of abnormal borrowing activity which has now been declared as a malicious exploit.
1/ We are excited to announce the first part of our collaboration with
@GMX_IO
! ๐
Soon we'll be providing support for the token $GMX as collateral and for leverage trading ๐ช
Here's why you should park your $GMX on Sentiment to maximize your gains ๐ ๐งต ๐งโ๐ณ
Sentiment has been live for just 4 days now, where do we stack up?
๐ข >1500 Unique Accounts created
๐ >$1.5MM Lending deposits
๐ฐ ~$350k Loans originated
๐ธ >$150k Loans outstanding
Over the next 2 weeks, we'll launch new lending pools, adding more assets and integrations!
Sentiment Lenders are eating good ๐ฅช yielding the highest lending APR on
@arbitrum
. With coverage by
@sherlockdefi
and several audits, there's no better place to park your liquidity ๐
1/ Earlier this month, we launched our integration with
@ConvexFinance
to bring Sentiment users more juicy yield opportunities ๐
In continuation of that, weโre excited to announce that weโll be releasing a new FRAX/USDC pool on December 27th ๐ ๐ ๐
We reached our $500,000 lending cap within 30 seconds of going live๐
We will be increasing the aggregate cap to $1MM momentarily! ๐
Thanks to everyone supporting us! ๐ฅณ
We're excited to hear that
@arbitrum
has officially announced the launch of their governance token $ARB ๐งโ๐ ๐
If you've been lending or borrowing on Sentiment, you're likely eligible for the airdrop ๐ช ๐ช
Find out here: ๐
๐ Happy Friday, Sentients! ๐
You've been asking for it, and now it's here! Direct $GLP deposits are now available on Sentiment ๐
Come join the party ๐ ๐๐บ
Lending in DeFi is predominantly overcollateralized, why is this the case and where does the potential opportunity exist? ๐๐งตย
P.S there is a medium Article at the end!
1/
1/ Today is the day! Robot meets berry ๐ค ๐ค ๐ซ
$GMX token support as collateral and leverage is now LIVE ๐ฅ
Unleash your financial potential โจ โจ
0/12 After several months of research and iteration, we would like to explain how Sentiment can be the bedrock of a decentralized credit market on-chain
๐งตA Thread ๐งต
1/ We're excited to announce support for
@Balancer
leveraged trading and leveraged Liquidity Provisioning on Sentiment coming soon! With opportunities to get up ~60%๐๐ฅ Yield on ETH and Stables! You won't want to miss this!
Let's see what's in store ๐งต๐
1/3 Rage Trade is proud to announce a partnership with
@sentimentxyz
.
What does this partnership entail? Giving users the option to lever their yield!
A short thread below๐งต๐
๐ ๐ป๐Happy Holidays from the Sentiment Team! Hope everyone is as excited for the new year as we are!
Be safe, stay warm, and join us as we build the future of finance๐
1/2
The Sentiment team is currently investigating the indictable extraction of funds from the Sentiment protocol.
We have taken steps to identify the exploit's root cause and mitigate further protocol misuse.
Sentiment V1 Sunset ๐
Starting today, August 23rd, Sentiment V1 will no longer be maintained by core contributors.
Key points:
- Users will still be able to withdraw
- The web application will remain accessible
- Active development for Sentiment V2 is currently underway;
If you've used Sentiment V1 and are open to a voice chat about your experience, submit the form now!
After this week, no new submissions will be accepted.
Participants will receive the OG role in the main Discord and more ๐ค
Had a great conversation with
@0xSnarks
and
@kcazeth
about
@sentimentxyz
V2. V1 was one of my favorite defi lending platforms when $GLP was averaging 25%-50% APR. There were weeks where I could pull down 5% after borrow fees. 5% in 1 week with conservative leverage.
๐ข Coming Soon! ETH Lending pool.
Lenders will be able to earn yield by lending their ETH out on Sentiment. ETH lending pool goes live next week Monday.
Stay tuned for more details!
Curious on where you can lever $USDC on chain? Sentiment allows users to deposit collateral then borrow & trade up to 5x.
$USDC bulls are accumulating, what about you?
Soon, you will be able to provide or receive, instant liquidity for any asset, at any time, at incredibly low costs.
This is the power of building on chain
@sentimentxyz
๐ค
1/ ๐ We are Launching on October 21st, 2022 (This Friday). Over the next several days will be providing all the information that all Liquidity Providers and Borrowers should know before using Sentiment ๐งต๐
1/ Are you interested in contributing and adding value to Sentiment? Do you want to make Sentiment a better protocol, while being rewarded with $$$ and an exclusive NFT Pass? Then we have a Call to Action for all Sentients! Read below for more details and our incentive structure!
1/ ๐ฃ Attention all Sentiment users! ๐ฃ
The devs finally did something ๐
Our team has just completed a major UX/UI upgrade to the platform and we're excited to finally share it with you ๐ฅ๐
With the launch around the corner, weโd like to take the chance and formally introduce Sentiment, a protocol that aims to unlock DeFiโs potential by enhancing usersโ access to capital through undercollateralized lending!
๐ Be a part of Sentimentโs next chapter ๐
The team is eager to hear about:
- Your experience with Sentiment V1
- Your wishlist for features in V2
- Areas where the protocol can improve
Are you a user of V1? Interested in some alpha on V2?
Fill out this form and secure a
GM Sentients! ๐
We're going to be hosting an AMA with Sentiment founder
@0xSnarks
and
@coinflipcanada
from
@GMX_IO
, discussing our newest integration ๐ ๐ ๐ซ
Join us this Friday 2/3, at 12:00PM EST ๐๏ธ ๐๏ธ
We're grateful for the overwhelming response from the community to our launch on Friday! ๐ค
Due to huge LP demand, we'll be doubling the caps of both lending pools at 21:00 UTC today! ๐
Weโll be sure to send reminders before, turn tweet notifications on๐
Audits will never be the same.
Today, Sherlock launches "Next Generation Audits."
Have you paid lots of money to wait 4 months and have 2 people look at your code?
Don't be fooled again. This is the way:
1/ As sentiment around DeFi grows, more and more individuals are seeking out opportunities to invest. That's where we come in.
๐ Over 60% APY of new yield opportunities are coming soon to Sentiment.
A ๐งต
๐จ Product Update ๐จ
Unlock a superior trading experience on Sentiment ๐
1. Adjust your slippage with ease ๐
2. Get clear insights on Price Impact ๐
3. Know exactly what you receive after slippage ๐ฏ
The sky's the limit with Sentients and Blueberries!
@GMX_IO
๐
With over 225% $GLP APR powered by Sentiment's 5x leverage, the moon is just the beginning! ๐
Come along for the ride ๐งโ๐ โ๏ธ
Welcome back to another edition of Sentiment by Sentients ๐
A segment where we respond to Tweets from our community ๐ง๐ปโ๐ป
Let's keep the conversation going! ๐
๐ซ Product Update ๐ซ
Users can now access instant, detailed info on GLP Mint Fees ๐
Real-time transparency ๐
Know precisely how much you'll receive ๐ฏ
Contextual insights of mint costs with different collateral ๐ง
Take a closer look:
1/ ๐
@Balancer
integration is now live on โผ๏ธ
This integration enables users to trade using Balancer swaps, and provide liquidity to pools on Balancer, with amplified yield thanks to Sentiment!
Let's dig in, shall we๐ฅ๐
1/ ๐ We have just deployed a new rate model which makes borrowing on Sentiment cheaper, making most of the integrations profitable with leverage. Let's dig into what this means๐งต๐ (Not Financial Advice).