Moderator | Ambassador....Crypto Builder and Developer ⚡️co-founder @0xGigaChads 🟦Founder of @BasedGM_ ⚪️Building @AllotRaHQ ●Go your own way...
Joined September 2022
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I've been digging into @2FactorFinance and I think the interesting part isn't just the product, it's the financial design behind it.
Most leverage products are built for traders.
You borrow, pay funding, manage liquidation risk and hope the position works before costs start eating into returns.
2Factor is trying to build leverage for a completely different use case:
long term holding.
The protocol splits exposure into two tranches:
BTC-Jr: takes more of the upside/downside and gets moderate leveraged exposure.
BTC-Sr: takes the more defensive side and earns yield from the premium paid by Junior.
So instead of leverage being funded by short sellers or traditional dealers, you effectively create a market between:
people who want more exposure
and
people who want yield.
What I like most is that they're not trying to sell 10x leverage.
The target is closer to 1.33x, with a focus on long term compounding and capital efficiency.
That's a much more interesting way to think about leverage IMO.
They've started with cbBTC on Base but if this structure works, the same model could eventually be applied to many other assets.
They also have Season 1 live right now, where users can earn Marks through educational tasks, social activity and referrals.
There’s also a leaderboard with cbBTC rewards for top participants.
Definitely one of the DeFi designs I'm watching closely.
points.2factor.finance/r/min…
Can't wait to join the @FungoLabs NFT sale 🔥
The first ever encrypted NFT on Ethereum, powered by FHE and built on @zama.
I've been bullish on Zama since day one and I'm bringing that same conviction to FungoLabs.
Privacy is the future and FungoLabs is just getting started 👀
Machine Nº 2221 of 4,444 is waiting for me on Elysium. Whitelist entry under review.
Elysium Machines by @elysium_machine
elysiummachines.xyz
Let's go Elysium Machines
The terminal is open
Somewhere on Elysium, the machines are coming online
Collab spots are open for communities. Send your requests
WL form: elysiummachines.xyz/
Drop your wallets
SAGA retweeted
one DeFi feature I think is seriously underrated: proportional redemption👀
Came across this while digging into @2FactorFinance and the concept is actually pretty interesting
Imagine you own 1% of a DeFi vault and decide to exit your entire position
Normally, depending on how withdrawals are handled, your exit could affect the asset mix and risk exposure of everyone still in the vault
But here's where 2Factor does things differently
When you redeem your perpetual tranche tokens, you receive your proportional share of the underlying collateral basket
Simply put:
→ Hold 1% of the token supply
→ Redeem your position
→ Receive 1% of each underlying collateral asset
The interesting part? Your exit doesn't mess with the collateral composition for everyone else
Ofc, this doesn't eliminate market risks or guarantee instant liquidity, but it helps keep the underlying structure more stable when users decide to leave
And that's the kind of DeFi innovation I like seeing
Not everything needs to be about higher yields or bigger rewards, sometimes it's about building smarter systems that can actually hold up when people exit
Worth taking a closer look at @2FactorFinance 👇🏽
points.2factor.finance/r/vpn…
SAGA retweeted
FCFS is open.
Apply : apeonrh.xyz/FCFS
Password : BANANA
You have 48 hours.
I just took my place in line at Sprint @SprintFAM_. Where Influence Meets Innovation. sprintfam.com/i/3MM9XBV
SAGA retweeted
Excited to announce collab with @elysiumant
Every Ant builds the colony , ElyAnt coming to
@Enter_Elysium
Supply: 1111
Mint Price: TBA
Mint Date: TBA
Raffle will be going live soon on Discord
Huge thanks to the team for the opportunity
SAGA retweeted
Imagine turning $10 into $3,000 because Binance got hacked💀
Sounds crazy, right?
Until yesterday, almost everyone was expecting PredictFun to launch its token in October.
Then came the Binance hack and everything changed.
The odds of an October TGE on Polymarket absolutely collapsed:
📉99.7% → 5.6%
If you had bought just $10 worth of NO shares, your position could now be worth nearly $3,000.
That's almost a 300x return from a single unexpected event!!
And I actually know a trader who made a serious profit from this move on Polymarket.
One person's bad news is another trader's 300x opportunity.
Prediction markets are insane sometimes...
SAGA retweeted
🔴Polymarket will fully reimburse every trader affected by the exploit.
The issue has been resolved and trading is now fully back online.
Good work team🤝
We've identified & fixed an issue impacting our international platform, Polymarket.com. One of our 3rd party providers was compromised, and we have referred this to relevant law enforcement.
Anyone who has been impacted will be made whole.
Out of an abundance of caution, we have temporarily halted trading & are working to bring the platform back online.
SAGA retweeted
Excited to announce collab with @robtown_rh
Rob the rich in a game on Robinhood Chain, Play free and earn a FREE MINT
Supply: TBA
Mint Price: FREE
Mint Date: TBA
Raffle will be going live soon on Discord
Huge thanks to the team for the opportunity
SAGA retweeted
I applied for I T I A Genesis Whitelist on ITIAverse. itiaverse.ithinkitsart.com/d…
SAGA retweeted
I Think It's OPEN
Step into the ITIAverse
and share your story with us.
Every story matters to us. We read them all.
1111 Pieces · Free Mint · WL only
The ITIAverse is the only way to apply · until Nov 18
I Think It's Art • I Think It's Yours
itiaverse.ithinkitsart.com/d…
I applied for I T I A Genesis Whitelist on ITIAverse. itiaverse.ithinkitsart.com/d…