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You can also convert existing staked $ATOM to $dATOM instantly with no unstaking period. Here’s a step-by-step guide
news Twitter - flowslikeosmo ATOM
a year ago
To get started on Drop, which is currently invite-only: 1. Visit 2. Enter how much $ATOM you want to liquid stake 3. Click Confirm & sign the tx in your wallet That's it! Visit to explore opportunities to boost your airdrop. 🪂
news Twitter - flowslikeosmo ATOM
a year ago
Drop's main goal is to unlock Interchain liquidity by creating DeFi flywheels. So they are incentivizing users with high multipliers (5-50x) for deploying $dATOM into different applications. This should be your #1 priority
news Twitter - flowslikeosmo
a year ago
So how does one get exposure to Drop? Drop is currently rewarding early protocol users with 100M $DROP (10% of the total supply) as part of the Droplets airdrop program 🪂 Details
news Twitter - flowslikeosmo
a year ago
The restaking narrative kicked off for Drop with their recent partnership with @milky_way_zone 🥛 Drop’s upcoming $dTIA LST will be restakable on MilkyWay’s Minitia.
news Twitter - flowslikeosmo
a year ago
Drop has plans to extend beyond the Interchain. As the first member of the Lido Alliance, Drop aims to expand the use cases of $wstETH, including restaking
news Twitter - flowslikeosmo
a year ago
Neutron's cross-chain capability enables Drop to scale dAssets across the Interchain with minimal overhead and risk. The Protocol Overview section of Drop’s Lido Alliance prop has good info on this and other things that make Drop interesting
news Twitter - flowslikeosmo
a year ago
Can't other LSPs do the same? Aside from Drop’s Lido advantage, Drop also has an architectural edge. Because Drop is built as an Integrated Application on @Neutron_org, it's synchronously composable with an array of DeFi apps, which improves users' capital efficiency.
news Twitter - flowslikeosmo
a year ago
37% of the tokens are allocated to incentives and growth. This could get interesting. $ARENA
news Twitter - flowslikeosmo
a year ago
Bottoms happen when you least expect them. Look for signals not candles. Not every bottom is the result of a single red candle, but rather sentiment compounded: - TL calling for the end of the cycle - Influencers posting short PnL - TVL performance MTD - Historical monthly…
news Twitter - flowslikeosmo MTD
a year ago
The future of $AAVE will become more correlated to the success of $GHO in the coming year. +$100M in supply growth in a single year.
news Twitter - flowslikeosmo AAVE GHO
a year ago
Since everyone seems to be fixated on the "downfall" of Solana because of Tron's vampire attack. There is no significant correlation. Maybe people got tired of the 35th iteration of a dog picture and the 100th iteration of a cabal coin. IMO, transactions are down because the…
news Twitter - flowslikeosmo SOL TRX
a year ago
Thank you for reading! I hope you've found this thread interesting. Follow me @Flowslikeosmo for more. If you found this content valuable, give it a Like and Retweet the first tweet below.
news Twitter - flowslikeosmo
a year ago
I’ve worked with the team at @PinkBrains_io to put together educational content about Polkadot. I’ll be sure to keep you posted as the ecosystem develops.
news Twitter - flowslikeosmo DOT
a year ago
This is just the tip of the iceberg. If I went on to share all my findings, we'd be here for a while. These protocols are also on my radar and are worth mentioning: @centrifuge, @EnterTheMythos, @peaqnetwork, @Hyperbridge, and @MoonbeamNetwork. TLDR: Big things are happening in…
news Twitter - flowslikeosmo
a year ago
Bitfrost x Hydra: DeFi Supremacy With the Money Market release, you'll be able to: 1️⃣ Liquid stake $DOT for vDOT on Bitfrost (~17% APR) 2️⃣ Supply vDOT on Hydra 3️⃣ Borrow USDT against your open position Voila, you just unlocked additional liquidity - thanks to leverage! Feel…
news Twitter - flowslikeosmo USDT DOT USDT USDT USDT
a year ago
️ @Bifrost: Polkadot's LST Hub You know the drill with LST protocols... supply $DOT > receive vDOT (receipt token) > earn ~17% staking APR 🫡 All the while having a liquid position, you can further utilize vDOT in other DeFi strategies.
news Twitter - flowslikeosmo DOT
a year ago
️ @hydration_net: Liquidity Layer of the Polkadot Universe Hydration combines all assets in a single trading pool, unlocking deep liquidity and unmatched trading efficiency. Single-sided LPing allows DeFi users to circumvent impermanent loss.
news Twitter - flowslikeosmo DOT
a year ago
️ XCM: Seamless Interoperability Between Parachains The Cross-Consensus Message Format (XCM) is a messaging format used to communicate b/w consensus systems. XCM isn't exclusive to Polkadot but will expand beyond to support other networks! Image credit: @PolkaWarriors_
news Twitter - flowslikeosmo DOT XCM
a year ago
Just a heads up - you can lend IBTC on Interlay for ~11% APY. Talk about diluting miners and growing your sats stack.
news Twitter - flowslikeosmo
a year ago