Luigi D'Onorio DeMeo 🔺
@luigidemeo
Followers
65K
Following
69K
Media
2K
Statuses
42K
Chief Strategy Officer @AvaLabs building @avax, Former @Citi / Opinions are my own & not views of my employer. Most tweets autodelete
Joined April 2010
Approximately $100m of @avax memecoins are now staked. None of these include the Foundation's previously purchased coins, what is currently in liquidity pools or burnt. For some of the coins, about 50% of the supply is staked. dyor.
Over $85,000,000 is now staked. #Avalanche Memecoin rush is about to start, points will begin accruing today at 12pm GMT (1 hour from now). Bring your Diamond Hands. 💎👐
61
717
960
Been having a lot of people new to @avax reaching out. Lets use this thread as a way to gather the most important information that a newcomer should check out!.
72
750
1K
You can now start WINNING on @avax.
TRADE TRADE TRADE. THE OFFICIAL TRUMP MEMECOIN IS LIVE ON LFJ and #Avalanche and is selectable on the verified tokenlist. Contract: 0xA80F36BA18c7f721F3F7ACDbcDEfd3a86869A036. $TRUMP is now deployed as a @LayerZero_Core OFT, bridgeable between @solana and @avax via
18
29
894
It's a record-breaking day for Avalanche 🔺. - 90k Daily Active Addresses ⛷️.-675k Daily Transactions ⛷️. Up more than 3x from last month 📈
33
103
732
Time for an #Avalanche of data! ATHs 🔺. - Today we hit 962K Daily Transactions (approx 80% of Ethereum activity) 🏂. - 134K Daily Active Addresses (up 7x this quarter) ⛷️. - 13k Unique developers (up 40% month over month) 🎿. - Avg of 11.1 TPS (up over 50% month over month) 🗻
32
150
727
🚨 $100m Ecosystem Fund dedicated to AI focused on Avalanche 🤯.
Aethir 🤝 Avalanche Foundation: The Dynamic Duo for AI Growth 🚀. @AethirCloud & @AvalancheFDN are teaming up to give AI innovation the boost it deserves!. By fast-tracking AI projects from the infraBUIDL(AI) Program into our $100M Ecosystem Fund, we’ll help AI builders scale on
12
37
623
Your mission: Tokenize the world's assets 🔺. - Franklin Templeton ($1.6T AUM) announces today that it's onchain U.S. Money Market Fund is now live to be tokenized on Avalanche, the lowest cost, most decentralized L1. - Grayscale announces an investment trust for the $AVAX.
Global investment firm with $1.6T AUM expands its L1 blockchain footprint to Avalanche. The Franklin Templeton OnChain U.S. Government Money Fund (FOBXX) is the first and only U.S.-registered mutual fund to leverage a public blockchain as the system of record to process
53
225
737
$400M in Market Cap $COQ.$80M in Daily Volume .55k Onchain Holders
45
146
565
Avalanche is the EVM with the highest liquidity for $TRUMP. Pools on @LFJ_gg and @PharaohExchange.
TRUMP is now available on @avax!. The @ambient_global team created a third-party TRUMP bridge to Avalanche using LayerZero's OFT Standard. Transfers between Solana and Avalanche are live on @StargateFinance.
11
54
579
Avalanche DeFi: Solid lineup for Q4/Q1 in the 🐻 . @traderjoe_xyz Liquidity Book.@ArrowMarkets, @FinanceVolare Options.@TheCavalRe🤯.@StructFinance Strct Products.@DeltaPrimeDefi Undercoll Lending.@BondiWealthSec, @steadefi Vaults.@dexalotcom CLOB subnet. Who else am I missing?.
65
110
569
So. anon. 1) Stake Avax on @BenqiFinance for 7% staked yield. 2) Pair sAVAX and AVAX on @traderjoe_xyz and @pangolindex for 200%+. Basically single-sided LP
39
91
660
@TrustlessState @BanklessHQ This is a pretty scammy tweet - ETH was down more than 70% from highs which basically invalidates the entire point. At the same time, while everything else was ripping - L2 folks had nothing to do. A more accurate statement would be that crypto moves in cycles - L2 one for now.
9
5
470
Today the Avalanche 🔺 Foundation has announced 'Multiverse', a $290m incentive program designed specifically to accelerate the adoption of subnets.
20
105
592
ATH in Daily Transactions today on #Avalanche . -Didn't feel like it? . Prob bc Devs do things.
28
83
571
Sumitomo Mitsui Banking Corporation (SMBC), one of the largest banks ($1.7 trillion) & TIS are building on @avax . The agreement is centered around developing a framework for stablecoin issuance and circulation 🔺
63
220
598
🔺Horizontal Scaling🤌. -216k transactions in the DFK subnet today. -800k transactions on Avalanche C-Chain today. The Avalanche network added 25% more load without any impact to the Avalanche C-Chain. therein lies the beauty of subnets
18
121
535
Give me all the bitcoins. Avalanche will be the home base for $BTC across DeFi with $btc.b
36
83
508
The DFK Subnet is humming. 🚀. Almost 500k transactions yesterday. 🤌. This is an All-Time High since the subnet was launched 4 months ago! 🏌️♂️. @DefiKingdoms on @avalancheavax .
35
137
552
TLDR: Avalanche Foundation to buy memecoins.
Last year, the Avalanche Foundation launched Culture Catalyst, a program aimed at empowering creators, sparking innovation, and propelling the adoption of blockchains. This initiative seeks to better position Avalanche to cultivate and support the many new forms of creativity,.
141
103
510
The Avalanche Network processed over 2m txs yesterday (2,068,463), an all-time-high for the network. - nearly 4x higher than 2 months ago. Subnets are contributing in a big way and just getting started.
51
131
532
Avalanche has native $USDC & $USDT:. what does this mean? . a simple 🧵.
25
110
529
So. #Avalanche has more Monthly Active Addresses in the first week of January than it did in the full month of October. Fwiw, October was a good month. Follow the growth.
27
107
521
~$10M worth of Bitcoin has been bridged to Avalanche. 10% the size of the Lightning Network in 2 days. cc @saylor @jack @udiWertheimer.
56
76
510
Another All-Time High in Daily Transactions for the Avalanche Network 🔺. ~1,510,000 transactions . For context, that is more than Ethereum, Arbitrum, & Optimism Combined 🍿
More All-Time Highs in Transaction Count today . ~1.39M txs
58
131
462
@blknoiz06 @sonicthehedgor @playSHRAPNEL - SK subnet just getting going, already 100k+ real users.- Gunzilla game and subnet should launch in fall (playstation/xbox game).- Institutional efforts underway, public one was the Spruce testnet with wellington/trowe etc.- Shrapnel/TSM Subnets this yr.- HyperSDK getting.
157
271
504
An avalanche memecoin almost has 70k on-chain holders and it is not yet listed on Binance or Coinbase. $coq.
54
128
490
INCOMING WHITE HOUSE OFFICIAL: TRUMP SAID TO UNDERSTAND THE BENEFITS OF AVALANCHE'S HORIZONTAL SCALING APPROACH.
64
109
523
The Avalanche C-Chain is the cheapest and most decentralized EVM out there, full stop.
Avalanche9000 is live on Mainnet 🔺. Built for everything. Build for everything. This is the start of…
27
154
522
The Avalanche Foundation discloses its starting position in terms of community coins. $COQ.$GEC.$KIMBO.$NOCHILL.$TECH. I would imagine there will be continuous updates to these positions and new coins added as well. based.
Community coins have become a cornerstone of Web3, representing the spirit, uniqueness, and interests of diverse crypto communities. Today, the Avalanche Foundation announces its first five community coin holdings:. $COQ, $KIMBO, $TECH, $GEC and $NOCHILL .
113
131
479
The past few weeks on Avalanche🔺. - Subnet messaging (Avalanche Warp Messaging).- International Chess Federation (FIDE) building an Avalanche Subnet (500m audience).- Coinbase brings native $USDC for Avalanche.- Alibaba partners w/ Avalanche .- Avalanche Summit II announced.
58
128
482
Major DeFi dApps will be their own specific appchain, uniquely connected via a protocol to facilitate arb message passing. Better Economics.Still Composable.Horizontally Architected . This was always the way. Avalanche is best positioned for this future.
60
78
456
Vaneck files for $AVAX ETF . 🔺doption.
🚨 JUST IN: VanEck registers for an Avalanche ETF in Delaware, indicating it may soon file for a spot $AVAX ETF.
34
90
511
Avalanche can:. Work with Fortune 500s (SK).Work with the largest Banks (Citi/JPM).Get the largest games (TSM/Gunzilla/Shrapnel, etc). &. bid memecoins. ? . Yes, the simple mind can't comprehend walking and talking at the same time.
71
130
458
Avalanche continues to process near All-Time High Load as a network, no down time, working well.
24
72
477
BREAKING: This weekend, thousands of real people played a blockchain game on a PS5 console. - Almost 400k txs.- Over 30k real people playing ( need epic games/ ps5 account).- All this and its only a playtest, gated access. All on an Avalanche L1🔺 wen $GUN.
I've been full-time in crypto for 7+ years & today the industry will achieve one of its biggest milestones yet. In <1 hour, our port co @GunzillaGames is launching @playoffthegrid as the 1st ever blockchain enabled AAA game on @PlayStation on their custom @avax L1. Consider this:
24
173
497
Highest amount of Avalanche C-Chain transactions in 2 years 🔺
51
127
497
AVALANCHE 🔺 is firing on all cylinders 🔥🔥 . - HyperSDK/MOVE to parallelize subnets💻.- AWM to connect all subnets 🔗.- Massive games (TSM, gunzilla, shrapnel) on the cusp of deploying subnets🎮.- Institutional adoption of subnets (JPM, CITI, etc)🏦.- Enterprise subnets live.
30
132
469
Pumped about @gamestarplus on Avalanche. Brings some of the most popular IPs from game shows and entertainment to blockchain gaming: Marvel, Lucasfilm, and Disney Pixar, as well as iconic TV game shows like Deal or No Deal and The Price is Right.
.@gamestarplus, the world’s first truly interactive streaming platform for classic games like @WheelofFortune and @Jeopardy, will be launching #Web3 reboots of its games on #Avalanche!. The integration will also include IPs from @Marvel, @Pixar & more 💥.
16
81
364
Grayscale joins Vaneck in filing $AVAX ETFs.
🚨 BREAKING: Grayscale has filed for an Avalanche ETF with Nasdaq.
35
96
469
Avalanche is diverse: . JPM.CITI.Maplestory.SK Planet.COQ IN U.Number go up Technology.Trader Joe.Defi Kingdoms.Benqi.Aave. add what I missed to this.
100
107
428
1/ Update on our work with the first class 🏆 teams at Aave and Curve as we all prepare for their launch on Avalanche and ensure that they are successful. The hope is that this will happen as soon as possible next week, and all parties are working toward that. Here’s why:.
29
98
423
Another #Avalanche from All-Time Highs . 🏂Daily Transactions ~ 1,005,000 - This is 83% of what Ethereum processed today. ⛷️Daily Active Wallets ~ 137.5k. 🎿TPS ~ 12. Just swapped an asset for 17c . probably nothing
42
91
424
Almost 36k holders for $COQ - consistently growing
60
86
365
Looks like @Citi filed for a patent related to the work they did on Avalanche🔺 last year regarding private oracles for transmitting RFQ (Request for Quotes). "Double-layer restriction subnet architecture that overcomes the technical limitations of conventional blockchains."
27
143
459
Follow the Devs. Unique devs deploying contracts on #Avalanche up 60% in a month. Probably nothing.
22
65
425
The right way to do a memecoin. $COQ . No expectations, no vesting - pure community coin. -Fair launch.-LP the minted supply and burn it.-Relinquish control of the contract
52
130
419
33
17
432
4 years ago, Avalanche launched on mainnet. Happy Birthday 🔺
29
86
444
👀.
39
69
450
Not for nothing - the chikn community fed their chikns in a 2 year bear mkt everyday. Imagine fading these folks. $COQ.
39
99
394
Before #AvalancheRush was announced,avg daily active addresses was 3500 on Avalanche. Today, its 70k active addresses - up 20x in 3 months. For context, Netflix had 800k subs 1 year after it started (2002). It took 8 years (2010) to achieve the growth Avalanche has in 3 months.
15
61
415
Today @DefiKingdoms doxxed a large portion of the team live. As when I met them, they are real people with strong backgrounds that are working incredibly hard to build something unique. I fully support them and welcome this step.
17
63
422
Avalanche setting up to be the DeFi hub. Last year AVAX DeFi .Yield farming 🧑🌾. This year AVAX DeFi. Native Concentrated Lqty Dex ✅.Native Stableswap ✅.Native Options protocols ✅.Native Strct Products ✅.Native Stables ✅.Blue Chip/Native Lending ✅.Blue Chip/Native Perps ✅.
52
100
403
🚨 ~3.65m transactions & 520k new wallets today. - Forbes article realizes the game uses crypto.- top free game on EPIC stores.- 2m wallets added since launch.@playoffthegrid
🚨 ~3.2m transactions, over 5x since the first day of launch. - 7.5m transactions in the last 4 days .- 3.89m wallet addresses . Great momentum for @playoffthegrid built on an Avalanche L1. 🔺
21
90
438
Today, we are trying something new. Too often in this space, beautiful pieces of technology sit idle, taking significant time to garner developer or user mindshare. Let’s change that. Enter Retro9000. This is the first program as part of a larger Go-To-Market strategy for the.
The @avax foundation is unveiling a $40 million grant program, called Retro9000, to encourage developers to build on Avalanche ahead of Avalanche9000, @cryptauxmargaux reports $AVAX.
35
124
436
One of the less widely known parts about the Avalanche 9000 upgrade is that C-Chain base fee will go down 25x
42
112
432
For 2023, one of my goals was to write a bit more unfiltered thoughts. Today I was taking a bath 🛀 & ultimately felt the need to write you all this piece to shed light on: . Why developers are building on #Avalanche. look forward to your feedback!.
44
106
400
My personal wish list ✍️ for Avalanche🔺 in 2024:. Tech 💻:. - Elastic subnets in production with more than 100 Validators.- Different VM subnets (MOVE, HyperVM, EVM, etc) in production and communicating with AWM.- PAYG Subnet Validators.- Firewood in production and being.
44
119
391
gm gb. ATH in daily transactions and active wallets yesterday. likely just nothing . #Avalanche
29
61
387
Daily Active Wallets on the Avalanche C-Chain are up ~3x since the 9000 upgrade went live.
44
74
403
Nah, not an issue. 1. A substantial fraction is locked for a year. 2. The rest can be used but is too small to matter relative to our daily volume. 3. If they ever even want to sell the small amount, we are ready to buy it back.
20
80
388
One year ago today, the Avalanche Foundation launched Avalanche Rush. For many, this marked their introduction to @avalancheavax, its tech, and its ecosystem. Some reflections, one year later. 🧵.
45
114
389
The power of subnets. The Avalanche network processed 2,663,391 transactions yesterday (An all-time high), up nearly 5x since July.
44
101
386
Lunatics. 🌔🌗🌘🌑🌒. 140% for your $UST- $USDC pool on @penguin_defi.
How to make the most out of your stablecoins on #Avalanche. 👇. 🔥 Step 1: Grab some UST & USDC.e.🔥 Step 2: Stake on 🔥 Step 3: Earn over 100% APR in #AVAX rewards
20
65
379
Instant finality ✅.1500 Validators ✅.IRL Payments ✅ . Avalanche 🔺.
For those in disbelief, I just made my first purchase using the @avax debit card using $AVAX I deposited to my account last night. Absolutely seamless. This is true 🔺doption
20
67
407
This week, 3 years ago, Avalanche Rush was announced. It was the most exciting and innovative incentive programs at the time. Sequel?
60
85
402
SK Planet Subnet out of South Korea quietly launching today with 100k txs and 30k KYC'd ACTUAL users . Excited to see it ramp up.
28
103
365
The C- Chain is now the most decentralized and affordable EVM on the market.
Avalanche Octane is live on mainnet, the first in a series of updates focused on performance improvements and optimizations to the C-Chain ⛽️. Driven by ACP-176, this update adopts a dynamic fee mechanism on the C-Chain, leading to lower transaction costs and improved efficiency
21
109
399
C-Chain gas fee after the 9000 upgrade. For a transaction consuming 150,000 gas with AVAX priced at $35, . Pre-9000 Cost in AVAX: 0.00375 AVAX Cost in USD: $0.13125 🟥. Post-9000 (minBaseFee: 1 nAVAX): Cost in AVAX: 0.00015 AVAX Cost in USD: $0.00525 🟢.
Next week, the Avalanche network will release the Etna upgrade on testnet. One of the most exciting updates is the reduction of the minBaseFee by 96%, from 25 nAVAX to 1 nAVAX. This change has big implications for users, as it affects the lower bound of transaction fees under the.
27
101
398
Been trying out Solana a bunch lately. why do so many transactions fail? When they don't fail, I find that it's very delayed to update my balance in the wallet. I'm using phantom browser extension and jupiter - is this normal?.
203
23
362
How many conversations with frindge Avalanche observers typically go.
18
51
392
Avalanche 9000: The largest upgrade in AVAX history is coming. But this is more than just a tech upgrade, it is a shift, a moment, a mindset. Today's announcement is a simple briefing - the AVAX community has already started hearing the rumblings of 9000. This post outlines.
Avalanche9000 🔺. The catalyst that unlocks an expansive world of purpose-built blockchains that all feel like one, giving builders a suite of out-of-the-box tools with complete customization controls. Build with no compromises. Let’s dig in 👇
18
115
378
Liquidity Book by @traderjoe_xyz will be one of the first concentrated liquidity DEXs on Avalanche with some interesting twists. -concentrated positions posited as tokens rather than NFTs is an improvement for composability. -custom fee structure . - dynamic fee algo reduces IL.
The wait is finally over…. Introducing: Liquidity Book 🌊📘. A next gen AMM protocol that is highly efficient, flexible and built for #DeFi.
13
57
306
7m+ wallets onboarded by #OffTheGrid in such a short time period. Crazy to think that this is likely one of the most mainstream applications in this space already. On @avax
27
95
383
Impressive to see an Avalanche community-oriented launch that culminated in exchange listings a week after its existence. Haven't seen that before. $COQ.
50
67
357
$500M of DEX Volume on Avalanche C-Chain yesterday, highest since Q1.
18
86
384