Benjamin Celermajer
@CelermajerB
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@Synthetix_io strategy seat | Founder @Magnet_Cap 🇦🇺
Ethereum Mainnet
Joined December 2017
1/ 🚀 The first 6 months of @synthetix_io's new governance era have been wild, culminating in several exciting Synthetix Pivots! .🔥 New products, bold acquisitions, a fresh team, a recharged vision, and epic plans to redefine DeFi. 🧵Let's dive in👇.
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Ethereum will win.
Ethereum will win.
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Ethereum L1 is the Synthetix CLOB ledger.
Ethereum L1 is the world ledger.
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RT @synthetix_io: After Permissionless, everyone’s gonna be asking: “Did you go to that rooftop thing?”. Say yes. @synthetix_io x @infinex….
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Adios L2s. Mainnet is for Synthetix from here on in.
L2s are dead. The experiment is over. Synthetix is going all-in on L1. As we shift focus back to Ethereum, Synthetix will sunset trading on Base and close LP vaults. If you are currently trading or LPing, here are the details you need. 📚: 🧵⬇️
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Synthetix.
@defi_monk You also don’t need an L2 to build a clob. It’s the most bearish thing I’ve seen so far. Run the book of chain and match off chain, and only submit matched orders to the L1. You can skip all the bridging UX.
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🚨 @synthetix_io Pulse Check #2: Join me and @BurtRock69 as we cover Synthetix's recent announcement to launch the first perp on Ethereum mainnet.
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RT @jonmorgan_HODL: $SNX Returns to @ethereum Mainnet with Ambitious Perps Exchange.🔹 @synthetix_io ditches L2 complexity, bringing perps t….
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RT @synthetix_io: Synthetix is launching the first perps DEX on Ethereum Mainnet. After years of experimentation across L2s, we're buildin….
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Consistently getting less than is quoted has been a bugbear of mine for years.
Quotes from providers are generally over-optimistic. This means a provider will quote you $100 on your swidge, but when its done and settled, you actually received $99.45. This is due to mevving, front-running, provider inefficiencies and/or taking bad routes etc. Due to the
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RT @synthetix_io: Staking yields are heating up 🔥. Current APYs:.🔹 sUSD: 50.16%.🔹 SNX: 80.65%. Find out how 🔽
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The amount of slop on my timeline for a $15m mcap token launch was silly.
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The Infinex airdrop experience is one of the most underrated features imo. The dopamine hit on claim and collecting the tiles is very satisfying!
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Synthetix devs are all gas no breaks on their mission to ship a mainnet perp. YADADAMEAN
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IBIT flows are honestly mind blowing. 🚂 33 days without an outflow.💥 $9.3B of inflows in this period.💰 $71B in AUM.⏫ Top 25 ETFs in the world.
5/28 BlackRock Bitcoin ETF $IBIT net flow: 4,476 Bitcoin ($ 482 million).Volume: $2.6 billion
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This will be so hated by so many.
Stars aligning for $ETH & $ETHBTC 👀.
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No debt. No c-ratio. Just stake and start earning.
The next evolution of SNX staking is here, and rewards are live!. Current APYs are as high as 475% on with 5M SNX in rewards for stakers. 👀. 🧵🔽
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