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terryljm (nuts/acc) 🦫
@terrycflam
Joined July 2015
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    A note to myself Reflection on how we got here, learnings and what’s next? @PikeFinance exploit has been the biggest setback of my personal career thus far. Not only did we lose users’ funds, but we also disappointed our beloved community, breached the trust of our business
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    We are excited to be the first protocol to support the IADS initiative by @AcalaNetwork This is an innovative approach to scale $aUSD across parachains. Enabling $aUSD to achieve flywheel effect between issuance, demand and stability Proposal v0 is live: acala.discourse.group/t/proposal-for…
    1/ Today Acala introduces the ‘Interprotocol aUSD Distribution Scheme’ (IADS), enabling @tapioprotocol, @TaigaProtocol, and protocols on any parachain to be liquidity distributors for $aUSD across @Polkadot and @kusamanetwork. Forum post: acala.discourse.group/t/proposal-for… Thread ↴
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    Counting down to the reveal and launch of @TapioProtocol on @AcalaNetwork My take on how our 1st product $tDOT will enable a highly efficient multichain world on @Polkadot 🧵
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    Hi @PikeFinance Community, I understand this is an unconventional approach to Pike token launch and there have been much negative sentiments and perception around the approach we took. I wish to provide clarity and rationale behind the decision. 1. We are relaunching Pike in
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    Have been nurturing this 🌲 for 7+ months! Tremendous support and guidance from @AcalaNetwork team since day 1 Nuts and bolts for the DeFi hub of @Polkadot 🔩
    Stable Asset Protocol, Tree 🌲, is the inaugural Acala Grant recipient! @NUTSFinance brings the Acala ecosystem a stable asset system with capabilities including stable swap liquidity pools and synthetic assets backed by closely pegged assets. More👇 medium.com/acalanetwork/t…
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    I have been fielding questions around the pegging mechanism of $tDOT in light of the recent market events and volatility I will explain how the stable asset system backing @tapioprotocol @TaigaProtocol works and how the system would react in case of extreme conditions 🧵
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    🪵🔥Join us! We’ve got some intriguing questions from the community on product launch, $TAI drop, roadmap, exclusive rights for @KaruraNetwork $KAR holders and more. Don’t miss out!
    🚀We will host the AMA on Discord on Jan 27th to share an update on Taiga, and get details on the TAI token distribution, taiKSM launch and more. Feel free to drop your questions in the #ama-chat channel 🕐Thursday at 13:00 UTC (1/27/2022) 📍discord.gg/XRxWsbUeN2
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    Hi @PikeFinance Community, Understand that there are some questions around the movement of funds from the wallets used for presale. I want to take this opportunity to share some context. USDC contributions were received on Base, Optimism, Arbitrum and Ethereum network. And USDT
    Attention users, Our restitution analysis is complete, and we urge everyone to review their balances in the spreadsheet provided: docs.google.com/spreadsheets/d… We've prepared a short thread with everything you need to know 👇
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    Shout out @danreecer_ @AcalaNetwork for revealing @PikeFinance at polkadot decoded Berlin! Pike money market servicing your favorite format of $DOT asset soon... $LDOT $tDOT $lcDOT
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    S/O @arringtonXRPcap @ninos_mansor & team for putting together a wonderful gathering last night at #ETHDenver2022 👀👀
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    Staking as a service facilitates a fundamental use case for PoS chains. However there are hidden problems to an abundance of staking solutions We at @TapioProtocol @TaigaProtocol are working on a synthetic solution to mitigate these problems 🧵
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    Replying to @terrycflam
    12/x $tDOT is a unified standard as it sits on top of different formats of $DOT derivatives It is designed with the goal of being truly complimentary and composable with parachains and dApps This is an integral piece to a thriving multichain world enabled by @Polkadot ~fin
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    Replying to @terrycflam
    8/x $tDOT also serves as a cross-chain swap medium. Assume that bDOT is native on parachain B and cDOT is native on parachain C. Users can mint tDOT with bDOT and then redeem tDOT to cDOT This operation has effectively swapped bDOT on parachain B to cDOT on parachain C
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    A new era of DeFi is upon us. Pike's testnet is now live. Lend, borrow, leverage and earn - across all of DeFi. No more siloed markets. No more prefixes and suffixes. No more bridging to use your assets cross-chain. DeFi 2.0 is now. 🧵 mirror.xyz/pikefinance.et…