numa.
@numamoney
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❄️ ⚪️ Real-world assets, real yield https://t.co/UYuGEC8k8p
Joined July 2023
Perfect example of the collateral snowball ❄️⚪️ in action…. ETH dumped 3.17% within about 45 minutes this morning. As a result, arbitrage transactions were made between the vault and the LP. More than 2 $rETH ($8,500) were deposited to the vault to mint $NUMA and sell into the
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How does the $NUMA protocol work? . 1. Users buy NUMA from the LP or mint NUMA via the $rETH vault. 2. Users burn NUMA tokens to mint nuMoney, such as $nuGOLD: burn $500 worth of NUMA token to mint $500 of nuGOLD. 3. The burned NUMA serves as collateral for the minted
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How does $NUMA compare to $LUNA? 😱. Like Luna, numa employs a burn & mint mechanism to mint synthetics, on-chain. However, the numa protocol can mint any asset with a price feed, such as #RWAs, not just stablecoins. Unlike Luna, the numa protocol can pay sustainable yield
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We're live on @PeapodsFinance! Wrap your $NUMA for $apNUMA and earn real yield!. $NUMA 🤝 $PEAS. How does the peapod benefit the NUMA protocol?. 👇.
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While our vault dashboard is in progress, we wanted to give an update on some of the vault statistics from the past three weeks since launch. > Vault balance has increased from 177 $rETH to 520 rETH.> ~560 individual vault deposits / $NUMA mints have occurred.> ~15 vault sells /.
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Hey @RocketPool_Fi our vault is now the 6th largest $rETH address on Arbitrum. $NUMA.
Hey 👋 @RocketPool_Fi our vault is now the 7th largest $rETH address on Arbitrum. $NUMA.
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What is the $NUMA token? . The NUMA token represents the collateral position of the numa protocol. One of the utilities of the NUMA token is that its value perpetually accrues versus the value of the rETH vault. This ensures that the NUMA token and its synthetic derivatives are
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🤔 What happens if people panic sell $NUMA? 😱. The exact opposite of what happened with $LUNA: the LP price rises, the burn price rises, and the $rETH backing of each NUMA increases. 🙃. Let’s take a look 👀.
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¯\_(ツ)_/¯ Welp, it happened again. ETH dumped this morning, and the vault absorbed about $6,000 worth of $rETH. Volatility is the engine behind the $NUMA collateral snowball ❄️⚪️
Perfect example of the collateral snowball ❄️⚪️ in action…. ETH dumped 3.17% within about 45 minutes this morning. As a result, arbitrage transactions were made between the vault and the LP. More than 2 $rETH ($8,500) were deposited to the vault to mint $NUMA and sell into the
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So, the $NUMA vault consists of 6% of all the $rETH on Arbitrum. That’s pretty interesting. @RocketPool_Fi you know what’s more interesting? rETH has 6,031 holders on Arbitrum. NUMA has 1,174. So, 20%(!) of rETH “holders” on Arbitrum choose NUMA. Flippening coming soon.
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Vault 2.0 is coming 🔜. What is it? 🤔. Lending and leverage!. The vault upgrades will allow users to borrow against their $NUMA to get $rETH or borrow against rETH to get NUMA, interest-free!. Further, users will be able to take leveraged long and short positions using the same
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The balance in our vault is now 752 $rETH 🤯. $NUMA.
While our vault dashboard is in progress, we wanted to give an update on some of the vault statistics from the past three weeks since launch. > Vault balance has increased from 177 $rETH to 520 rETH.> ~560 individual vault deposits / $NUMA mints have occurred.> ~15 vault sells /.
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🤔We get a lot of questions about the supply of $NUMA: it’s elastic, and it doesn’t matter! 🙃. With other tokens, people are worried about inflation and whale holdings, etc. The bottom line with NUMA is that any mints or burns in the vault always increase the $rETH backing of
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Why trade on Uniswap, if you can trade with zero-slippage on the numa protocol? 🤔. Users will be able to trade between any two assets without slippage, including the NUMA token! 🙃. $nuBTC > $nuUSD > $nuGOLD > $nuEUR > $nuOIL > $NUMA. Coming late Q2!
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We're excited about our upcoming Vault 2.0 launch! As we move towards the full protocol launch, we'll continue providing information on how the $NUMA token accrues value and the various functions affect the collateral snowball. ❄️⚪️ Here's a sneak preview of coming explainers!
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📢‼️ tldr dev update/roadmap:. 1. Done with backend dev for Vault 2.0.2. Working on synthetics staking.3. Working on frontend design and dev for the app.4. Audit will include the entire protocol, including Vault 2.0 and synthetics.5. Projected launch for Vault 2.0 and synthetics:.
Check out our development update on our blog!. 👇 $NUMA.
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Our audit starts next week! Read all about it on our blog by clicking the link below 👇. $NUMA.
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Hey 👋 @RocketPool_Fi our vault is now the 7th largest $rETH address on Arbitrum. $NUMA.
@RocketPool_Fi Our vault balance is the 8th largest address on Arbitrum. $NUMA.
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How does $NUMA compare to $LUNA? 🌕. ✅ Like LUNA, the NUMA token is burned on-chain to mint synthetics. ✅ Like LUNA, the numa protocol pays yield on staked synthetics. 🚀 Improving on LUNA, the numa protocol can mint any asset with a price feed, including various fiat.
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What is the numa protocol??? 🤔. There are 4⃣ main parts: . 1. $NUMA token: a non-liquidatable, leveraged-long on $rETH. 2. Lending & leverage: interest-free loans against the NUMA token and native leveraged short and long positions.3. Synthetics & yield: burn NUMA to mint.
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Check out our blog for our Phase 1 Development Schedule & Update 👇. $NUMA.
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Hey 👋 @RocketPool_Fi we’re the 5th biggest holder now $NUMA.
Hey @RocketPool_Fi our vault is now the 6th largest $rETH address on Arbitrum. $NUMA.
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Who is excited to play around with our new app? 🙋♀️. We're releasing our demo app this week to give our community a chance to see what we've been working on and where the project is going. This is when the fun begins! $NUMA
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Vault 2.0 & Lending are live!. Check out our new app here: Borrow against your $NUMA holdings to free up liquidity or buy more NUMA tokens to leverage up your position!
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📣 Vault 2.0 is coming soon!. 🤔 How do borrowing and “explicit” leverage work and how do they help the protocol?. ⚖️ There are two types of leverage related to the NUMA token. As discussed in a previous post (linked in replies), there will be “natural” leverage exposure for
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🤔 How will the “natural” leverage of the $NUMA token work once synthetics are launched?. ✅ Natural leverage refers to the leverage that is inherently part of holding the NUMA token, whereas explicit leverage refers to leveraging up a position through our borrowing functionality
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✅ numa is the most capital efficient of synthetics protocols, including #RWAs. 🔥 Burn $1,000 of $NUMA and mint $1,000 of $nuGOLD: it’s that simple—a 1:1 ratio. 📈 Whether a user has minted nuGOLD or purchased it on the market, the synthetic can be staked to earn real,
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@AndreCronjeTech Hey @AndreCronjeTech we’ve built and audited our protocol that does this with any asset with a price feed, including stablecoins and RWAs, and pays sustainable yield. And we’re coming to Sonic in the next few weeks. $NUMA.
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Get a feel for the $NUMA protocol by checking out our demo app! . The demo app gives insight into how the completed protocol will function and what our users can expect as we continue our launch cycle.
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We have created a protocol that can collateralize BTC and issue tokens without a custodian. This is exactly why we did this 👇. $nuBTC > $WBTC.
We regret and are surprised by Coinbase’s decision to delist WBTC. As the core team behind Wrapped BTC, we have always been committed to providing the community with the most compliant, transparent, and decentralized BTC tokenization product. Over the years, WBTC has established.
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⚖️ What is the “seesaw” and how does it help protect the numa protocol? In short…. 📈 Higher yield, lower risk 📉 lower yield, higher risk. 🤔 Sound too good to be true? Here’s how it works…. ✅ The seesaw essentially creates incentives for the protocol to de-risk when risk
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With $1m LP volume and $1m vault volume in the first 20 hours, were trending on dextools!. $NUMA
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Lending & leverage are live on test net! Test out our new features and join the discussion. 👇👇👇. $NUMA.
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‼️Finally! Some white paper updates. We’ve added some sections to describe the new features we’ve been working on the past several months, as well as updated other parts of the paper. Importantly, pages have been added for Native Borrowing & Leverage and Protection Measures.
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Join us as we chat with @Del_Peas from @PeapodsFinance about our upcoming launch on @SonicLabs!. 🎙️Topics:.✅ $NUMA's cross-chain strategy, in general, but especially with $stS.✅ How our cross-chain strategy will benefit $PEAS.✅ New assets and lending opportunities for both the.
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Hey 👋 @CoinMarketCap can you go ahead and approve this?.
@CoinMarketCap public verification post for $NUMA. Ticket: 870331.Dexscan: Telegram: numadrew.
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We are live on SushiSwap! . 0x7FB7EDe54259Cb3D4E1EaF230C7e2b1FfC951E9A. $NUMA #numatokenlaunch
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¯\_(ツ)_/¯.
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Interest-free, zero-fee loans against $NUMA are coming. Users will be able to borrow the $rETH backing of their NUMA tokens to access liquidity while maintaining exposure to NUMA. Loans are denominated in rETH and are essentially a “long” position on the NUMA token, assuming
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Why is $NUMA a superior #RWA platform to $GB? . Grand Base requires 150% collateral, while numa is 1:1—much more capital efficient. numa pays real, sustainable yield on staked assets through LST-rewards. How about earning yield on real-world assets? Only numa can do this.
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Who is excited for $NUMA Vault 2.0 & Lending launch tomorrow??! . 🙌🙌🙌🙌
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🔥 There are two different scenarios where the $NUMA token is burned or minted:. 1️⃣ Via the vault: Whenever $rETH is either deposited or removed from the vault, NUMA tokens are either burned or minted. The happens in several different scenarios: 1) if a user makes a big buy or
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How much yield is possible with nuMoney, like $nuUSD, $nuBTC, and $nuGOLD?. 👇.
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Over the summer we added several new protection mechanisms to maintain the health of the numa protocol in times of stress. In normal conditions, the protocol protects itself through the natural leverage created by the $NUMA token overcollateralization in relation to the
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New link! Catch Drew at 10am PT on Thursday @UTRShow $NUMA.
Join us this Thursday at 1PM EST to sit down with Drew from @numamoney!. $NUMA is making waves in the RWA sector & we couldn’t be more excited to have them on to discuss what they’ve been building. This is an episode you WON’T want to miss 🤝. Make sure to set your reminders.
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Real-world assets 🤝 liquid-staking yield 🤝 zero-slippage trading. $NUMA.
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I am once again asking why you would hold $rETH instead of holding $NUMA ¯\_(ツ)_/¯
🤔 How will the “natural” leverage of the $NUMA token work once synthetics are launched?. ✅ Natural leverage refers to the leverage that is inherently part of holding the NUMA token, whereas explicit leverage refers to leveraging up a position through our borrowing functionality
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Say hi to DJ at the Arbibrunch 👋 . And see if you can take a better soyjack pic 😉 . $NUMA #consensus2024
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⁉️How does this work⁉️. Let’s say that prior to the -20% ETH dump the debt ratio of the numa protocol is 20%—where the vault contains 100 $rETH and there are 20 rETH worth of nuMoney synthetics in circulation. Obviously, there has been a lot of volatility in the markets, not just.
The cool thing about the $NUMA collateral snowball is that when the full protocol is live, these sorts of events that bring max pain for the majority of investors will actually drive the price of NUMA up against ETH ⚪️❄️. We like volatility ¯\_(ツ)_/¯.
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The Game Pt. I—.1. Borrow $rETH against your $NUMA on @arbitrum .2. Bridge rETH to @SonicLabs .3. Convert rETH to $sTS .4. Mint NUMA with your sTS.5. Borrow sTS against your NUMA .6. Convert your sTS to rETH. The Game Pt. II—.7. Bridge rETH to @base .8. Mint NUMA with your rETH.
The Game: Numa Goes Cross-Chain. Read about our coming launches on @base and @SonicLabs on our blog! $NUMA. 👇👇👇👇👇.
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The LP will be converted to USDC in approximately 5 hours (11PM UTC).
This week we will convert the NUMA/DAI LP to $NUMA/$USDC. Stay tuned for the exact timing!.
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⁉️If synthetic yield and the collateral snowball rely on volatility, what if there’s no volatility in the market? Well, there are many elements working together in the numa protocol which all but guarantee volatility. 1⃣ Since the $NUMA token is an ETH derivative, as long as
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$NUMA can actually do this, though. No Ponzi.
Remember when the entire crypto space thought a ponzi offering 19% APR on stables was the future of finance?.
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🤔 What’s the deal with our new dynamic buy fee model?. To review, the existing buy fee is static: e.g., if the buy fee is set to 5%, it doesn’t adapt to demand. In recent weeks, we’ve found an opportunity to make the buy fee dynamic to demand for the protocol. As such, the buy
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‼️Our long-awaited development update and expected release schedule $NUMA. 👇👇👇.
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As a non-liquidatable, leveraged-long ETH derivative, the best way to long $ETH is to hold $NUMA ¯\_(ツ)_/¯
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The cool thing about the $NUMA collateral snowball is that when the full protocol is live, these sorts of events that bring max pain for the majority of investors will actually drive the price of NUMA up against ETH ⚪️❄️. We like volatility ¯\_(ツ)_/¯.
It seems unintuitive that a small 25 basis point interest rate hike in Japan would spike all risk assets, including tonight's -20% $ETH candle. But you need to understand the way the carry trade works:. It's a leveraged unwinding.
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📣 Mark your calendars! 🗓️. Join Drew for a Discord call hosted by Ken from @Rocket_Pool on Thursday May 9th at 4PM PT! 🚀. We’ll discuss how $rETH provides the collateral for the $NUMA token and serves as the backbone for our synthetics protocol—providing yield to real-world.
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Many folks are confused about how $NUMA price moves. And we understand! It’s unique. Looking at dexscreener and tracking the LP price is not useful. In general, the best way to understand the true price of NUMA is to took at the vault sell price on the numa app. This price
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How does $NUMA compare to $Lybra?. The numa protocol can create synthetics for any asset with a price feed, not just stablecoins. The numa protocol can pay LST yield on any of these synthetics, including #RWAs. The numa protocol has the potential to pay higher yield. $NUMA.
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Open your heart, and let the $NUMA in 👻.
interesting dynamic. the more people pile into synthetics for yield, the higher the leverage on $NUMA gets. the higher the interest-free leverage on $NUMA, the more long/short positioning we can expect. The more $NUMA positioning, the more the yield on synthetics goes up 🔄.
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Vault 2.0 is coming soon…which means the new dynamic buy fee will be deployed. How does it work? What’s the purpose?. Broadly, the dynamic buy fee allows the fee to expand in times of increased demand and contract in times of decreased demand. The purpose is to increase the
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1. Buy $NUMA .2. Deposit $NUMA.3. Borrow $rETH.4. As price appreciates, keep borrowing $rETH.
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🤔 Why would people buy $NUMA when the fee is high?. 1. The higher the fee, the more rapid the value accrual of the NUMA token. So, as the fee starts to increase, the more attractive it would be to speculate on the NUMA token. This creates a sort of feedback loop, where the vault.
🤔 What’s the deal with our new dynamic buy fee model?. To review, the existing buy fee is static: e.g., if the buy fee is set to 5%, it doesn’t adapt to demand. In recent weeks, we’ve found an opportunity to make the buy fee dynamic to demand for the protocol. As such, the buy
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Development Update & First AMA. Submit a question to our AMA for a chance to win 200 $NUMA tokens. Check out our blog post for more details.👇. $NUMA.
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Volatility in the prices of nuMoney synthetics create arbitrage opportunities that force the snowball ❄️⚪️ into action! Every time $NUMA is minted or burned, the rETH backing of each NUMA token in circulation increases. $nuBTC $nuUSD.
Many folks are confused about how $NUMA price moves. And we understand! It’s unique. Looking at dexscreener and tracking the LP price is not useful. In general, the best way to understand the true price of NUMA is to took at the vault sell price on the numa app. This price
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The Game: Numa Goes Cross-Chain. Read about our coming launches on @base and @SonicLabs on our blog! $NUMA. 👇👇👇👇👇.
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Long $ETH by holding $NUMA ✅.
BREAKING: 🇺🇸 SEC officially approves spot Ethereum ETF trading for tomorrow.
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🎂Today marks 9 years of Ethereum! Vitalik is impress. The ETH ETF brings about a new era of adoption and opportunity for the entire ecosystem and the $NUMA protocol.
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$NUMA beats $LUNA.
How does $NUMA compare to $LUNA? 🌕. ✅ Like LUNA, the NUMA token is burned on-chain to mint synthetics. ✅ Like LUNA, the numa protocol pays yield on staked synthetics. 🚀 Improving on LUNA, the numa protocol can mint any asset with a price feed, including various fiat.
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With $ETH pumping, enjoy interest-free loans and leverage on $rETH-backed $NUMA tokens on our new Vault 2.0 & Lending platform!
Vault 2.0 & Lending are live!. Check out our new app here: Borrow against your $NUMA holdings to free up liquidity or buy more NUMA tokens to leverage up your position!
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