rakka
@rakka_sol
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Founder @omnipair. Former Ethereum developer, now building on Solana. wagmiis
Solana
Joined March 2025
Omnipair Week 1 update:.- Implemented Pessimistic CF on EMA lag.- Fixed post-borrow CF + dynamic CF recalc.- Patched interest rate model contract.- Extended unit tests.- Shipped V1 spec, features, and UX guide.- Kickstarted UX design (flows + visual identity).
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Point (2) isn’t just capital requirements what makes it terribly bad. It also undermines long-term incentives and shifts focus to the short term, which is self-destructive for a product, especially in its infancy.
The problems with ICM (the term as claimed by the trenches) today:. 1. Adverse selection is at work meaning currently most of the founders that choose to fundraise this way are probably tier 2 or 3. There are a few exceptions. 2. Adding a "flywheel" and "token buybacks" at the.
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Next up: the roadmap and what to expect from here. Appreciate all the support, you all are the best! 🚀.
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Day 1 after the sale was packed:. - Onboarded two talented new folks to @omnipair.- Kickstarted MVP product design.- Fixed OMFG token display on Phantom.- Paid DEX listing fees.- Had a ton of convos with holders and community about what’s next.
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Wait, this is a hot take now?.
Hot take:. There actually is a shortcut to growing in crypto. It's called being useful.
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Can’t believe we’ve got over 200 contributors in Omnipair’s public raise!. Currently sitting at over $500K (the last $100K in less than 12 hours), that’s 70% above the minimum target, with 204 amazing contributors so far. The sale will in end in less than 3 hours.
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Excited about this approach.
🧵 Something new is coming to Omnipair — based on many convos with community members and sale participants. We’re introducing market-driven pools and dual-layer governance model combining futarchy with vote-based governance as a regulator. Let's walk through it👇.
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100% of the min. target reached today. 140 Contributors. Thank you all for your incredible support!
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Some ask, “Why launch on @MetaDAOProject?”. I’ve been talking to some amazing people over the past few days, OGs and projects. MetaDAO Launchpad isn’t just a launchpad, it’s an accelerator. If you’re pre-seed and prioritize exposure and community alignment alongside.
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Omnipair early believers!. Next up: early adopters.
pretty cool to know that these 40 folks are participating in the future of capital formation.
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xy=k based dynamic collateral factor for permissionless borrowing?.Sounds like @omnipair. 📚 Read more in the docs: 🧪 Not into reading? Try it out on Devnet:
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