DeFiBreakdown is one of LuaSwap’s initiatives for 2022, to help users stick around and learn more in-depth about the DeFi space! 🔥
🚀As 2022 coming to a close, we have collated all our threads of resources for you to have a guide into the new year.
While going through the threads, you will find insights and information that are distilled down to the basics.
We hope you find this helpful and stay around for the tech, the community, and a better DeFi future. 🙌
Cheers to 2023!🤩🎉🎊
In the last #DeFiBreakdown episode of 2022, let's talk about Liquid Staking Derivatives (LSD)✅
Liquid Staking Derivative (LSD) presents a way to compose the assets across the ecosystem.
To be more detailed, Liquid staking is able to retain your tokens' liquidity despite being staked by minting a token that represents the staked coins, which allows you to earn staking rewards while being able to trade & earn yield across other DeFi products.
This definitely brings more benefits, however, there are still several threats to the current models of LSD. But with active research, new possibilities are being unlocked for a truly efficient market.
According to DefiLlama, there is about $8.5b in liquid staking protocols across many blockchains. With $5.99b of Total Value Locked (TVL), Lido Finance makes up almost 70% of the liquid staking market, most of which comes from the Ethereum pool.
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Happy Holiday Season, everyone! 🥂We will be very thankful if you have any suggestions for the next part of #DeFiBreakdown
'It's the holiday season
And Santa Claus is coming 'round
The Christmas snow is white on the ground'
And we are here to celebrate #Xmas with $LUA 🎅🎄
Sending love & warm wishes from LuaSwap to u and your loved one. May the new year bring you prosperity, happiness, and success.♥️
#DeFiBreakdown 22 - Protect #crypto assets🛡
2022 has been one of unending turbulence for crypto enthusiasts. As we bemoan our losses, let's not forget the lesson from painful incidents.
Choosing the right wallet to keep your crypto safe, hence, is most vital to your well-being. Your keys, your crypto! 🔑
Staying aware of fake websites, infected files or blind signing will also help prevent and limit the impacts of technical crypto attacks.
On social media, once you can recognize what is a scam, you can defend yourself and avoid losing all your hard-earned funds, regardless of how sophisticated attacks are to lure poor victims.
Aside from choosing the right wallet to store your assets and the right exchange to trade and invest your #crypto, there are many other ways to keep your crypto safe.
We hope these tips help #LuaSwap Community to stay stronger, healthier and more persistent! 🙌
#DeFiBreakdown 21 - #DeFi Prediction Markets
As the future of finance takes on a decentralized form, it’s no wonder that decentralized prediction markets have been booming in popularity, captivating market participants with new & exciting players entering the game.
In these markets, users can make a bet & stake tokens as collateral in a smart contract. The contract prices in a prediction market fluctuate based on the prevailing opinion. The smart contract, at the end of the event, will automatically redeem all collateral to all betters w/ the right prediction.
Decentralized prediction markets offer big advantages over centralized ones as they allow for untamperable records & permissionless access to users worldwide without the possibility of third-party control, reducing costs & enhancing security. Liquidity and speed, hence, could increase.
#DeFiBreakdown 20 - #DeFi Insurance🛡
DeFi insurance is poised to disrupt the insurance industry with solutions to long-standing problems, giving users peace of mind when interacting with innovative new #Dapps as it can protect users against potential technology risks⚠️
While a traditional insurance policy might be issued and underwritten by a multinational insurer, a DeFi insurance policy relies instead on its community of users to dictate premiums. 👥
📄 By the use of self-executing smart contracts, DeFi insurance eliminates the need for claims adjusters and even claims themselves, benefiting everyone from users to DeFi projects with cost reduction and process speed.
✅Acting as a safety net for DeFi users, DeFi insurance has experienced notable traction across the industry and it is expected to expand quickly in the near future due to the rising volume of transactions in decentralized finance.
Celebrate the integration of LuaSwap & TomoChain into Bitizen Wallet, a #web3 wallet with NO Seed Phrases, NO Private Keys, with a social quest!🔥🎉
🎁1,000 $TOMO & 20,000 $LUA
⏰Ends in 7 days!
Download #Bitizen and get your lucky tickets now! 💥https://gleam.io/D5upn/integration-celebration-1000-tomo-20000-lua-giveaway 💥
November just left the center stage for December, an eventful month with Christmas🎄and New Year’s Eve approaching 💫
Let’s see how $LUA has been performing and what lies ahead in the last month of the year🌟
What target should #LUAcommunity set for the new year? Let us know👇
At @LuaSwap, we're not only committed to building more products🔨, but also dedicated to making our advancements known to all the #DeFi followers 👩🌾 & onboarding more users 🤗
The frequent community events have said it all 💪
We are happy to announce that #Milliontoken just got listed on @LuaSwap with the trading pair $MM/ $TOMO 👏
👉 A non stop rampage against the market, it's so hottt 🔥 https://info.luaswap.org/tomochain/pair/0x1436b892f4adef6661b004204fdd497e3549ec4f
$TOMO $LUA
💰Don't miss out on this undervalued gem as its properties surely make you wow 😯
✅1,000,000 fixed-limited supply
✅Millionaire approved as founded by an ex-Google / ex-Facebook Tech Lead, 1M+ Youtube subscribers
✅Deflationary by nature
✅Moonshot Upside with 1M+ Valuation
A little throwback on how @LuaSwap went through the past 2 weeks💪
No matter what's the market condition📈📉, #LuaSwap's been standing its ground to build a better platform for users with continuous product improvements, community incentive programs & many more to come 🔜#LuaStarter
22,000 $LUA 🌾 is waiting at the finish line 🏆 with the most #rad trading experience. 🆒
Hurry up as 1️⃣ day left until the #wrapping deadline via #TomoBridge. 🔁
Head over to our blog post for more details!
👉 https://medium.com/luaswap/wrap-trade-rad-campaign-with-22-000-lua-giveaway-55822732615d
A quick catch-up on #LuaSwap's news in the past 2 weeks 📰
🌾Trading contest for limit order feature
🌾Order Book's availability on the menu bar
🌾19,000 $LUA buyback of #LuaSafe on #Ethereum
🌾Swapping facilitation by TomoBridge’s latest upgrade
plus much more data insights 🔢
Same pools yet on different chains 👀 #TomoChain 🆚 #Ethereum
#LuaSwap's liquidity sitting in the pools on #TomoChain network keeps growing fast & catches up #Ethereum network very soon.💪
Wana dig into more details, let's visit
👉 https://info.luaswap.org/home
👉 https://info.luaswap.org/tomochain/home
The exclusive trading contest for @LuaSwap's Limit Order function on #TomoChain has officially begun! 🔥
Calling all traders to head over LuaSwap right now & start placing a limit order to share up to 60,000 $LUA. 🎁
Tap here for details: https://medium.com/tomochain/luaswaps-limit-order-trading-event-763e8b05115a
Start now ⚡️https://app.luaswap.org/orderbook/#/⚡️
Celebrate the newly launched NFT collection minted in $LUA with LuaSwap & Tezuka!🥳
Let's scoop up a piece of God art🌟https://tezuka.io/launch/bored-jesus to earn part of 3,000 $LUA💰
❤️Like + RT
🖼Show the NFTs you minted in the comment + #LuaSwap #Tezuka & tag 3 friends
Ends on 31 Dec
Look! Santa Claus is leaving you a special gift for your excellent attention-to-detail skill🎅🎄
Let's do eye practicing in this Holiday Season to bring 🎁 home!
♥️Like & RT with your answer + #LuaSwap #LuaSwapXmas
🎁5,000 $LUA
⏰24-26 Dec
May the best gifts of Christmas be yours!❤️☃️
The results of LuaSwap Trading competition in celebration of the 4th Mainnet Birthday of TomoChain are in! 🤩
A big congratulations to all of the winners!👏
Keep winning with @LuaSwap!!!💸💰🌾
Celebrate TomoChain's mainnet turning 4 by competing in the special $LUA - $TOMO trading competition with a 40,000 $LUA prize pool!🎉
Rules & details🚀https://medium.com/luaswap/trade-lua-tomo-and-cheer-on-tomochain-mainnet-celebration-f14bb4faf31b
🥇Promo A: Trade at least 400$ to share a prize pool of 20,000 $LUA
🥈Promo B: Guarantee a part of 16,000 $LUA with minimum trading vol of 40$
🥉Promo C: 4 lucky winners to share a pot of 4,000 $LUA
- Retweet+ #TOMO4EVER $LUA $TOMO #LuaSwap #TomoChain
- Tag 4 frens in the comment
Who's excited?🥳🥳🥳
World Cup2022 is well underway & the battle for the trophy 🏆 is getting fiercer than ever!🔥
To revel this sensation with fans, LuaSwap's teamed up with Tezuka, an NFT platform on TomoChain, to reward⚽️fans with an exclusive NFT collection🎁
🌟 https://g.cwallet.com/3h6mK2Z 🌟
Which team are u rooting for?🥳
Christmas time is around the corner and TomoChain & Binance are all set to reward u with the most festive prizes!🎄🎅
Get in the holiday spirit and bet your luck for a chance to win a gift card of 3,000 $TOMO 🎁
P/s: Take your $TOMO for the entrance ticket at luaswap.org 🚀
👉Official Announcement
📅Promotion Period: 2022/12/19 00:00 ~ 2022/12/23 23:59 (UTC)
🏆Claim Period: 2022/12/24 23:59 ~ 2023/01/06 23:59 (UTC)
🎫Entry Fee: 3 $TOMO
💰Reward Per Winner: 3,000 $TOMO in Gift Card
#️⃣Number of Winners: 5
🥳To Celebrate our Partnerships & Integrations with TomoChain and LuaSwap in BitizenWallet
🎁WE ARE GIVING AWAY 1,000 TOMO & 20,000 LUA
for 50 LUCKY WINNERS! 🎁
Follow the rules on Gleam:
https://gleam.io/D5upn/integration-celebration-1000-tomo-20000-lua-giveaway
Tweet:
https://twitter.com/BitizenWallet/status/1599705418141667329
*only Bitizen wallets
We are thrilled to announce the listing of $SHARK @ToshiShark 🦈 a quasi-meme token of #SharkTank under the trading pair of $SHARK/ $TOMO
👉 Jump into the pool now: https://info.luaswap.org/tomochain/pair/0x65877cdda46e05c8dea8600d57697abdd8daafff
Keep an eye out 👀 for some awesome promotions 🎁🌾💰with #LuaSwap coming very soon! 🔜
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$SHARK 🦈 is the native token of #SharkToshi, a #P2P decentralized network aiming to remove centralized power of project fundraising authorities.
⚡️ Meet $SHARK at: https://scan.tomochain.com/tokens/0x8865280c31b8cbc7b96ce48ad52c122e6d82806a
💰 Total supply: 21B
✅Liquidity provided: 9B
✅Community airdrop: 6B
✅Tokens burned: 6B
Following the listing on @LuaSwap, Million token $MM made it to the top 5 on the list of 24h-trading-volume performance. 🥳
With 39K+ Twitter impressions & 1K+ Twitter engagement within 1 day, $MM's been on fire indeed! 🔥
Fill your 💰 with $MM token and be expecting a big jump! 👌
#TomoChain $LUA $TOMO #DeFi
Our first 6 months of 2021've been packed with several listings & integration that've brought more users & a better flow of liquidity.🤝
While reflecting on each major milestone, #LuaSwap is looking forward to a longer list of collaborations & partnerships coming.🔥
Stay tuned!
2021 is already halfway through and this is time to look back on what we've achieved & accomplished along this journey. 👀
#LuaSwap certainly won't remain quiet in the second half as some much-anticipated stuff are coming🚀
How do you keep up with everything? 😉 $LUA #TomoChain
Wrap & Trade to win 20,000 $LUA 🌾💰
A super RAD trading competition by @LuaSwap & #TomoBridge 👏
⏰ 11AM UTC 7/7/2021 ~ 11AM UTC 21/7/2021
🎁A special bonus of 2,000 $LUA for lucky users:
Retweet Twitter post + #LuaSwap #TOMO_IS_RAD & tag 3 friends.
👉 Details: https://medium.com/luaswap/wrap-trade-rad-campaign-with-22-000-lua-giveaway-55822732615d
How to join👇
1️⃣ Wrap any tokens (LUA, USDT, WBTC, ETH, FTT, SRM) for >= $100 USD by 11AM UTC 14/7/2021
2️⃣ Trade on #LuaSwap for a total vol of >= $100 USD during the campaign
3️⃣ Do NOT unwrap ur tokens by 11AM UTC 21/7/2021, or the unwrapped vol will be deducted from the total vol
Over 19,000 $LUA buyback of #LuaSafe has been executed today on #Ethereum network! 🌾🙌
And don't forget - a bigger #LuaSafe vault 🏦 means heavier bags 💰 for #xLUA hodlers 🥳
#TomoBridge upgrade release! 🚀
Ultra smooth wrapping experience with much cleaner UI & more controllable! 🔥
🌾This is a major boost for seamlessly swapping #TomoChain & other chains' assets, expanding @LuaSwap's reach as a leading #AMM for multi-chain liquidity. 🔄
👉 Details: https://medium.com/tomochain/tomobridge-upgrade-new-look-better-experience-8496e382cb90
LuaSwap's Limit Order Trading Contest! 🔥🚀
💰60,000 $LUA in total prize! 🎁
⏰10:00 AM 22 June, 2021 (UTC) - 10:00 AM 28 June, 2021 (UTC)
Trade a successful limit order to take home a share of the 🌾 prize
👉 Detail: https://medium.com/tomochain/luaswaps-limit-order-trading-event-763e8b05115a
Trade now ⚡️https://app.luaswap.org/orderbook/#/⚡️
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📌Trading pairs: TOMO-USDT, LUA-USDT, TOMO-LUA, TOMO-ETH, TOMO-SRM, WBTC-TOMO & TOMO-FTT (#TomoChain ver.)
🌾Promo A: 40,000 $LUA for all users with at least 1 successful limit order.
🌾Promo B: 20,000 $LUA for the top 3 users based on their limit order trading volume.