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rakka | omnipair
877 posts
rakka | omnipair
@rakka_sol
Crafting better liquidity at @omnipair. ex/ethdev. cedefi and zerosum pvp hater.
Racing to bring permissionless +EV DeFi to Solana
Explaining how @omnipair liquidation works, I realized it’s basically a “reversible delayed swap”: you pay interest (fees) to hold the option to either reverse the swap by repaying debt + redeeming collateral, or let liquidation execute the swap. (Impact-based dynamic CF
- It’s been a while since the last @omnipair update: x.com/rakka_sol/stat… Since launching our first beta MVP, we’ve been busy turning that validation into product. I'm excited to share that we’re rolling out the new Omnipair beta app, rebuilt around your feedback.
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1 month after the @omnipair sale update. We’ve just shipped the mainnet private beta. This is a good moment to share what we built over the past month, what’s coming next, and the thought process behind it. 🧵 - 1 month after the @omnipair sale update. We’ve just shipped the mainnet private beta. This is a good moment to share what we built over the past month, what’s coming next, and the thought process behind it. 🧵
- I quit my job today
- Now that @omnipair audits are in progress, my focus shifts to GTM and launch prep. Main goals: - Draft a GTM plan centered on launching with liquidity partners - Begin pre-launch drops (educational mini-articles, threads, and “About Omnipair” series) - Build a liquidityProposal is now live: x.com/MetaDAOProject… Audits will begin once the proposal passes (expected Monday, November 4) and will take approximately 3–4 weeks.
- This is @MetaDAOProject PMF journey. At the end of the day, what really matters is solving a real market pain. That’s when hype and attention start to mean something. Proud that @omnipair is part of it.
- It’s probably a bit late, but I’m so happy for @kru_tweets and @UmbraPrivacy on their massive public raise. This public sale is unprecedented in blockchain history, not in numbers, but in its mechanism design. Each ICO @MetaDAOProject did prove something, •mtnCapital proved
- Day 1 after the sale was packed: - Onboarded two talented new folks to @omnipair - Kickstarted MVP product design - Fixed OMFG token display on Phantom - Paid DEX listing fees - Had a ton of convos with holders and community about what’s next
- Omnipair Week 1 update: - Implemented Pessimistic CF on EMA lag - Fixed post-borrow CF + dynamic CF recalc - Patched interest rate model contract - Extended unit tests - Shipped V1 spec, features, and UX guide - Kickstarted UX design (flows + visual identity)
Few project have a lore worth telling and @MetaDAOProject is one of them 🧵 Why? Futarchy is one of these paradigm shift you rarely see in crypto and the cult that our high priest @metaproph3t created is somewhat unique- Sneak peeks from the public mainnet app, designed by @0xmoaz and built by @0xrickjames. This is based on feedback from the ongoing mainnet beta. (And don’t worry, dark mode will be supported.) Earn / Pools: Pool page:
