Product @Deltaliquidity Founder @Diligencedao
Joined March 2021
- Tweets8K
- Following2.3K
- Followers3.4K
- Likes18.3K
TheVs retweeted
Looks like @PenguinSalesBot is no longer funded.
After the announcement of Abstract shutting down, it went from posting sales in real time to one daily summary. And now it’s completely dead.
Is Pudgy Penguins really having such money problems that they can’t afford to keep a sales bot running?
Meanwhile, people are expecting them to announce rewards for Abstract farmers.
A simple bot like this should cost no more than $50 a month to run.
What kind of financial situation are we talking about here? 🤔
First expansion to a bigger chain which has always something to pool on.
More chains to come far from done yet 👀
Team is Locked in and shipping 2nd half of October will bring more quality updates 👀
What we’ve shipped on Delta since the start of October:
- Delta V2 redesign and mobile rework
- Pool Score, safety checks and filters
- Fusion and custom liquidity shapes
- P&L calendar, curve and cards
- Delta Simulator with backtesting and paper LPing
- @whatthehookv4 Boosted Pools
Back to work.
TheVs retweeted
LP chads like @TheVsCrypto is cooking on coins like robinhood:0x94641b97010608c3827fb058074889f19868ff33 using robinhood:0xe8ffd7e24187f72afb08d75b1bb13088a989a791.
The reason why I’m so bullish on @deltaliquidity is because the team, like TheVs, are actually great at short term LPing.
Delta gonna dominate the trenches imo, and it’s the way I gain exposure without ever having to active LP or trench LP.
Not to mention there will be hundreds of runners over a course of a bull run.
80% of rev goes to buyback and burn.
Most will fade and get sidelined.
Delta mode.
Good reminder that @RobinhoodCrypto has made a lot of optimizations to onchain transactions lately, which is a big step forward for a smoother and more convenient pooling experience on Delta.
Big update is out for Limit orders the LP way on Delta.
Buy or sell with size without dumping the chart if you want to do size ikyk🤝
Highly requested Limit Orders are now live on Delta.
Set a buy or sell target and walk away.
Unlike a normal limit order, your liquidity sits in a small range around the target. Once price enters it, the order starts filling and earning fees.
Delta takes 1% of filled principal. The fees are yours.
Set your first Limit Order on Delta: deltaliquidity.app
Big addition to the team expect to experience a new delta UI very soon 👀
We’re proud to welcome @e0x3x to Delta as our UI/UX Designer.
Nine years in product design, with five focused on building liquidity interfaces.
Previously Founding Product Lead at Trader Joe, worked on Raydium’s CLMM, and helped shape the product design behind Meteora’s DLMM.
Now bringing that experience to elevate the user experience across Delta.
Welcome to the team!
Mr. Dom is hands down the most dedicated bagworker we have at Delta 🫡
The new custom Pool feature for robinhood:0xe8ffd7e24187f72afb08d75b1bb13088a989a791 is massive. Here's why:
For the first time in history, a large chunk of volume flows through stable coins due to fomo and other terminals denominating your balance in stables.
Custom pools allow LP's to earn increased fees since the competition in these pools is much lower, and your liquidity gets routed through more frequently. This leads to increased fees going back to DELTA LP's.
Stable coin pools will continue to grow in popularity. Bet on the infra enabling LP's to earn fees from it.
Big Feature Update that the team was cooking on finally live 🔥
Custom Pairs are now live on Delta.
From Robinhood pairs to stocks and commodities.
Build the pair you want to LP: deltaliquidity.app
Happy to have holders like @DarthFib 🤝
robinhood:0xe8ffd7e24187f72afb08d75b1bb13088a989a791 this chart speaks for itself.
While the whole eco is on a massive pullback from vertical from vertical price action, there are a hand full of market leaders that have found solid accumulation zones 50-70% from the highs.
A couple weeks ago, Delta implemented their flywheel which meant their base protocol fee went from 1% to 7.5%. The fees are now being split 80% burn, 20% to delta operations.
Delta team has been working diligently regardless of any noise from chart or price. Just this week Delta has:
-crossed $3m fees claimed by LP's
-burn .5% of supply
-Completed an audit from reputable defi security firm, @sherlockdefi (Same team who audited Aero)
-launched delta academy, a free educational platform for new LP users
-@Dune analytics dashboard went live
-Infrastructure upgrade through @Alchemy RPC's
-Added Arc LP'ing (Multi-chain = more fees)
-Added swaps directly in the Delta app
Above all else, I believe the most impressive steps the team took over the last month was they added five new members to the core Delta team.
Core Devs:
@TheVsCrypto
@omen_xbt
@shcoopzy
New Additions to the team:
@krisquant - Education/LP Quant
@jave_gg - Marketing and Strategy Advisor
@himars - Socials and Content (Bro's been killing it btw)
@tcnpqq - Backend Development
@cataction_sol - Frontend Development
In crypto, we often see teams launch a cool product then the pipeline gets stagnant and it feels grifty and extractive. Delta is using their operations funds wisely by hiring reputable people who will accelerate the tech and their presence in the eco. This is how you want to see teams using their funds, not sending the 'operations' budget to a coinbase hot wallet and off-ramping.
There are a handful of tokens where buying the coin is essentially a bet on the entire ecosystem and delta fits firmly in that basket.
Thanks for coming to my ted talk. Deltamode.
TheVs retweeted
This is what LPing on Delta looks like in practice.
@krisquant put $5,944 into a wide $DUKE bid-ask.
Price went through most of the range, then bounced.
+9.11%/+$541, with $555 in fees.
Full trade ↓
TheVs retweeted
You don't have to trade every memecoin.
Sometimes the trade is providing liquidity.
market's down, but LPs are still printing fees.
just closed my 2-day $CME position on @deltaliquidity
opened a wide one-sided bid-ask from 14M down to 2.7M mcap. sat in a small loss near the bottom of the range for a while, then token broke out today and I closed it for +$6K
biggest LP lesson imo: only LP coins you'd actually be fine holding through a drawdown
if you can't sit through the drawdown, it's probably either not a coin you want to LP or your position is too big
TheVs retweeted
Here's why I am very bullish robinhood:0xe8ffd7e24187f72afb08d75b1bb13088a989a791 even though the chart is down right now.
> Delta shapes Uniswap LPs into DLMM shapes like Bid/Ask and Curve.
> This is really great for high-volume pairs because it gives us more flexibility as LPs.
> For example, Bid/Ask LPs work really well for higher-risk high-volatility tokens. That's why a lot of people use Meteora to farm new coins on Solana.
> Because they're built on top of Uniswap, they don't need to attract their own liquidity or volume. They can just focus on UX/UI.
> Contract audited by Sherlock.
> Strong team that knows how to DLMM profitably.
> Great products are often built by people who are trying to solve their own problems.
> Already has initial product-market fit.
> At just $5,638 daily rev, that's ~$2m per year.
> That's not even their peak daily revenue. Robinhood chain activity will only grow from here into the bull run.
> They're buying back and buring robinhood:0xe8ffd7e24187f72afb08d75b1bb13088a989a791 with 80% of their revenue.
> 0.432% of supply burned already. This will only accelerate.
> Buybacks have an outsized impact on lower-market-cap coins. See robinhood:0x39dbed3a2bd333467115de45665cc57f813c4571 and $STONK.
> Recently hired two new devs to accelerate development.
> Launched on PONS. Free marketing when they pump.
> A lot of people are still fading it because they don't understand how bullish this is.
> Potential to be a multi-chain protocol. They can just deploy on chains that Uniswap is doing the best on.
> Not a meme and trading so cheaply. It has staying power, which is great for longer-term LPs like me.
I could always be wrong but I think this will age quite well.
gDelta.
