Pinned
00:12
1/ Introducing Fluid!💧
An ever-evolving DeFi protocol, base for future financial system.
Enabling highest capital efficiency & better rates.
Here's what @0xfluid is all about: 👇
Samyak Jain 🌊
9,707 posts
Samyak Jain 🌊
@smykjain
Joined May 2014
- @Uniswap daily ETH/USD volume is >$1B on mainnet daily which is more than Coinbase even with heavy gas cost. It's soon going live on @0xPolygon which has near 0 gas cost. Will Polygon become the main hub for swaps using the most advanced swapping algorithm ever created?
- How can people be bearish on ETH 🤔 ETH basically is DeFi. ETH alone covers ~58% of all of DeFi TVL (~65% when including L2s TVL). DeFi is the biggest usecase of web3. What web2 is to data, web3 is to finance. +50% of stable coin supply exist on Ethereum & L2s. Most advanced
- The biggest DeFi use case will be to transform the forex market which does $6.6T in daily volume. DeFi will help to become a trusted neutral layer between nations & cut down the costs exponentially.
- Ethereum Polygon Optimism Arbitrum Zksync That’s it. That’s the tweet.
- What if… @0xPolygon releases a 1 click private blockchain with pre-set validators and call it web3 servers. Just like how AWS allows you to deploy web2 servers. Polygon can allow you to deploy rollups.
- How I start explaining blockchain to someone? Me - Who creates $? People - Federal Government. Me - What if you start creating it? People - What?! Me - Ok then, Sit tight for 20min. Advice - Don't ever start with "it's blocks connected in a chain...". No one cares
- This user started with 8.5M USDC. Created the position of 51.5M Collateral & 43M debt in USDC by using the Max AAVE strategy at defi.instadapp.io/aave-v2 Now earning $11,260,000 annually. That's 132% APY.
- @aaveaave is going to suck billions of ETH in the next couple of weeks and can allow users to borrow stable coins at negative interest rates against ETH due to high lending APRs on ETH. Why? Thread🧵
- Okay, @0xPolygon is my new playground. Mainnet experience with Metamask. Transfer fee = $0.000028. Now gonna borrow $10 on @AaveAave! Yes! DOLLOR TEN!
- When the workspace throws you out because of closing time so you decide to make @Uniswap on @0xPolygon live from the footpath.
00:26 - How I earned 6% instant return in 1 Eth Txn using 4 protocols with just 30 lines of Javascript (No solidity). Making $DAI stable in the process 💪💪
