Pinned
Durden ∞⧖
6,180 posts
Durden ∞⧖
@durdenwannabe
Joined May 2021
- Behold the state of our industry. Remember the good ol' days when people said gm simply because it felt good? gm
- Jupiter already has a vibrant community 🪐 I'm excited to help turn that community into a well-functioning DAO that will move not just Jupiter but the whole Solana ecosystem forward 🫡 LFJ!Today, as part of our J.U.P rollout, we are excited to introduce Jupiter Working Groups (JWGs) – independent groups of operators who will focus on growing the Jupiter community, enhancing the Solana ecosystem, and facilitating DAO coordination! 🥰 Given that this is a new
- Not everyone knows that Lifinity runs a @jito_sol validator with 379,292 SOL of stake. Today we received an offer of $40k per month to onboard to a newly created mempool. That's ~2,526 SOL per year (~0.7% APY). Apparently they already have 2M SOL of stake. We declined.
- Trading on @JupiterExchange not only gives you the best price... It also gives you access to @PythNetwork's $PYTH airdrop by routing to DEXs using Pyth such as @Lifinity_io and @GooseFX1. Traders swapping on a single DEX in shambles.
- Wow 👀 Every dollar in the pool has been traded more than once every hour. And unlike other protocols the APR includes IL (which in Lifinity's case is positive – buying low and selling high). Next-level capital efficiency ♾
- Lifinity has been live for a few months now, and Orca recently released their Whirlpools. These are the only two protocols on Solana w/ concentrated SOL-USDC pools. Let's see how they compare! A thread 🧵👇
- The worst case time it takes @JupiterExchange's Metis algo to calculate the optimal trading route across all DEXs on Solana is faster than the best case time it takes Uniswap to find the optimal route on just Uniswap. That's some god tier shit right there
- A comparison of swapping 100k USDC to SOL on Jupiter, Orca, and Raydium. There is only one logical choice.
- Wanna see something crazy? Normally, alarm bells should be going off in your head when you see 7,000% APR 🚨 But no gimmicks here, just organic yield, and crucially it includes the profit & loss from market making (before trading fees) that other DEXs tend to conceal. 🧵👇
- Yo @DefiLlama why do I gotta click "More chains" and type "Solana" to filter for it? Super inconvenient Solana does more volume than any option listed there, so it only makes sense that it be listed first
- We are proud to announce that The Solana Update has rebranded to The Solana Grapevine! 🎉🥳🎉 As you may have guessed from the name, with this rebrand we are officially joining the @grapeprotocol family 🍇 #itsGrape
- ETH-USDC liquidity is better on Solana than on Ethereum for medium size ($10k), even before accounting for the difference in fees! @JupiterExchange vs @matchaxyz vs @1inch
