Building @FireFliesMarket, secondary liquidity for locked veNFT positions. Live on HyperEVM and Robinhood Chain. DMs open
Joined May 2014
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- Following790
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Locked positions shouldn’t mean dead liquidity.
That’s why I'm building @FireFliesMarket, it's a marketplace where veNFT holders can sell their positions and buyers can acquire voting power and future rewards at a discount.
We’re live with veNEST and veUP, and more soon! Any questions or partnerships feel free to dm me!
Ways retweeted
veGIGA holders selling isn’t your only option when you need liquidity.
2,246.865271 $USDG is currently available through FireFlies lending. Borrow against your veGIGA without selling it, while its reward cash flow continues helping repay the balance.
Keep the position. Access the liquidity.
me and @SerHodlGoblin are working on @GoonInGooOut be sure to check this out only up technology thanks to @GrayGooEx
FOR ALL THE GOONERS ON @RobinhoodCrypto
$GOON IS LIVE.
They told us to stop gooning. So we made it tradable against robinhood:0x6572eade9fb17f4027baf92feac222b9aa746bd0.
Yes, the pair is the entire joke.
CA: 0xB1C069D35115dA9Ae5b58B1636324feC0f3C2B24
goo.exchange/launchpad/0xB1C…
Ways retweeted
$GOON IS LIVE.
They told us to stop gooning. So we made it tradable against robinhood:0x6572eade9fb17f4027baf92feac222b9aa746bd0.
Yes, the pair is the entire joke.
CA: 0xB1C069D35115dA9Ae5b58B1636324feC0f3C2B24
goo.exchange/launchpad/0xB1C…
Everyone should set a reminder for this one!
Our very own @SerHodlGoblin is joining Market Funk #09 to break down how FireFlies puts veGIGA to work!
Set a reminder and bring your questions 👇
Ways retweeted
Our very own @SerHodlGoblin is joining Market Funk #09 to break down how FireFlies puts veGIGA to work!
Set a reminder and bring your questions 👇
Market Funk #09 - You Would Not Believe Your Eyes
Attention! I'll be chopping it up with @SerHodlGoblin from @FireFliesMarket! Let's learn how all @giga_dex users can put their $veGIGA to work!!!
Set a reminder 👇
teapaw.org/i/spaces/1OGwbnykdOVKB
Ways retweeted
Your veGIGA shouldn’t have to sit idle.
Unlock USDG liquidity without selling your position:
→ Borrow against your veGIGA
→ 0% accruing interest
→ Rewards help repay the loan
→ Keep your long-term exposure
Check your borrowing limit: app.fireflies.market/lending
Ways retweeted
veGIGA liquidity keeps moving on FireFlies.
Two recent sales:
• #228 sold for 105,394 GIGA (≈$728.69) at a 20% discount
• #218 sold for 54.0953 USDG (≈$54.10) at a 29.1% discount
Different position sizes. Different quote assets. One secondary market.
Locked, not stuck. Trade today ✨
app.fireflies.market/robinho…
Ways retweeted
How veGIGA lending works on FireFlies:
1. veGIGA holders access 2,305 $USDG without selling.
2. The position’s rewards keep flowing while the loan is active.
3. When rewards are converted, 75% repays principal and 20% goes to USDG lenders.
Liquidity for holders. Yield for lenders
app.fireflies.market/lending
Ways retweeted
veGIGA holders now have 2,305 USDG available to borrow on FireFlies.
Access liquidity without selling your position. Your veGIGA continues generating reward cash flow while the loan is active, helping repay the balance.
Keep the position. Put the liquidity to work. ✨app.fireflies.market/lending
I started FireFlies because I kept seeing the same problem. veNFTS could hold valuable locked tokens but holders had almost no way to access that value before it expired in like 4 years. If you needed liquidity, you either waited for unlock or tried to find someone OTC. That never made sense to me. Long term alignment shouldn’t mean giving up every option. So we built FireFlies first to give veNFTs a real order book, and now to let holders borrow against eligible positions without selling them.
The goal isn’t to make people abandon their locks. It’s to make those locks more useful and liquid.
That’s why FireFlies exists.
Ways retweeted
veGIGA #61 unlocked 55.13 $USDG through FireFlies.
The position wasn’t sold. Its USDG rewards continued flowing while the loan was active, helping repay the balance.
Liquidity for veGIGA holders without giving up their position. Buy $GIGA stake and then borrow $USDG on FireFlies app.fireflies.market/lending
Ways retweeted
A veGIGA holder unlocks 1,500 USDG without selling their position.
When the veGIGA generates 100 USDG in rewards:
→ 75 repays principal
→ 20 goes to USDG suppliers
→ 5 goes to FireFlies
No accruing interest. No forced liquidation. Once repaid, the veGIGA returns home.
app.fireflies.market/lending
Ways retweeted
One veGIGA position can create liquidity for its owner and yield for USDG suppliers at the same time.
veGIGA collateral → USDG loan → USDG rewards
75% repays principal
20% goes to suppliers
5% goes to FireFlies
At zero balance, the veGIGA returns home.
Locked, not stuck. ✨
app.fireflies.market/lending
Just the start
FireFlies has collected 7,180.5833348 robinhood:0x5baaec1b70864f01dbdb747358ff59f2e2ccf7d5 ($100) in fees so far. ↑
We’re putting it to work by locking and staking it as veGIGA, where it can earn protocol rewards and help grow the FireFlies treasury.
Every trade helps us build a deeper stake in the ecosystem we’re here to support. ✨
Treasury: 0xC433DCb2ae7f5e4Fc6f47a64EA1690E8Cc30B13B
Ways retweeted
Some strong veGIGA opportunities are live on Fireflies right now. 🔥
• veGIGA #22 - 37.5K GIGA locked 41% discount
• veGIGA #20 -183.9K GIGA locked 35% discount
• veGIGA #28 - 37.6K GIGA locked 34% discount
• veGIGA #228 - 131.7K GIGA locked 15% discount
And the opportunity isn’t just the discount veGIGA APRs are strong right now:
$GIGA - 76.73% APR
$USDG - 68.95% APR
$WETH - 69.04% APR
$SPY - 68.97% APR
Buy veGIGA below its underlying GIGA value while gaining exposure to some of the strongest APRs currently available across veNFTs.
On top of that, 100% of fees from veGIGA trades on Fireflies go back into $GIGA buying it from the market and locking it as veGIGA.
Discounted veGIGA + strong APRs + more $GIGA locked with every trade. app.fireflies.market/robinho…
