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She's coming back. And she'll be more magnificent than anyone remembers. Time to level the playing field again 🐋
Fairness above all else. The Kujira way, now the Rujira way We’re extending how you can constrain liquidations on your Credit Accounts to be incredibly precise Rock solid enshrined oracles Open source, transparent, community liquidations No surprises. For you and for everyone
⚡️ Fair Liquidations Last week was another turbulent one for crypto, with widespread liquidations across the board. Unfortunately, we have seen once again that it is often not as transparent or fair for users as it should be. Liquidations on Rujira will be a game changer. Users…
Looks like cross margin is coming 👀 x.com/codehans1/stat…
Also available: - multiple collaterals on a single position - limit orders as collateral - liquidation preferences to ensure collateral A liquidated before collateral B
Also available: - multiple collaterals on a single position - limit orders as collateral - liquidation preferences to ensure collateral A liquidated before collateral B
The @RujiraNetwork's lending feature in a nutshell: 1. Use $BTC or other native assets as collateral 2. Borrow against it and do whatever you like with the borrowed capital 3. $BTC going up? Swap your collateral (native $BTC) for $USDT on @ethereum without first having to repay…
Oracles aren’t an afterthought that you outsource to a 3rd party They’re critical infrastructure and should be inbuilt and enshrined in any protocol that requires them
A prominent oracle provider just admitted there is no regulator, no auditor, no verification of the price of crypto assets they receive from weighted centralized crypto exchanges and broadcast it to every DEX, Dapp, exchange and endpoint in the crypoverse. The entire perpetual…
TC’s enshrined oracles held up fine. Cc @markfromdenmar_ this was the stress test needed - time to go full tilt RUJI perps now
$RUJI works during extreme volatility. Battle tested ✅ 👇 $ATOM on @RujiraNetwork vs Binance. Notice the big difference during the flash crash on Binance to 0.001. Why? 1. Multi-Source Liquidity Aggregation $RUJI doesn’t depend on a single order book. It pulls from:…
🤷♂️ just scratching the surface of the power of credit accounts
Imagine being able to trade your $ETH for $BTC whilst it’s “locked” as collateral on your $USDT borrow position
⏱️
Just a few UI wires away and you all can have at it 🚀
It's pretty likely thorchain is the last truly decentralized xchain exchange. Decentralized custody + decentralized liquidity. Decentralized custody + centralized liquidity is more capital efficient but much more fragile. Only with both can you be truly sovereign
Imagine the smell @cryptoslang1 wen
She's coming back. And she'll be more magnificent than anyone remembers. Time to level the playing field again 🐋
🙄
Just don't hit the "24hr profit limit" and have your withdrawal blocked Cz didn't get rich by allowing a lot of withdrawals
Chad’s Lounge is back this Saturday at 3PM UTC with @KentonC137 and @patriotsounds . Big brains and alpha are on the menu. 🔥 Special guest: @codehans1 🧠 Mark your calendar ⤵️ x.com/i/spaces/1lPKq…
And most importantly. One where we can all participate in liquidations. Not just the exchange
This is the kind of Perps we need. A natively entangled product with debt and margin positions, opening the doors to native delta neutral strategies.
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