Daniel Amah

@dannyamah

193 Following

122 Followers

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Gm guys I put out a research article on the Dynamics of Token Trading on @uniswap Check it out here 🔗 https://x.com/danny_4reel/status/1838056271712305387?t=cZ1D1WLHRc9iwy4dWwrVHQ&s=19

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Gm CT! 🏌️‍♂️ Exciting news! @MagicEden is celebrating its 3rd anniversary tomorrow, and there's a buzz about a potential airdrop To join the fun, I created a handy tool to check your Magic Eden stats Check it out here ▶️ https://flipsidecrypto.xyz/dannyamah/magic-eden-wlxD0k

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Hi I'm interested in trying it

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This model also ensures a very decent APY for stakers as well as avoiding supply dilution from minting more coins There's currently around 32M STEP in the fee wallet. The team sends tokens to the staking contract at a rate that typically maintains around a 20% yield for stakers In theory, this number can be adjusted to any APY really, but 20% has generally been the consensus as a number high enough to attract long term stakers, but not so high that mercenary capital comes in to farm and immediately dump their yield 💭 The most realistic approach for a team to share their success and reward holders/investors is through a buyback system that rewards holders basically in the same fashion as a dividend stock @StepFinance_ has always known this, and hence, the buyback and staking system

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People don't realise how big a deal Step Finance revenue system is All revenue generated by STEP related projects are sent to the fee wallet and then used in buying back STEP from the market This STEP is then sent to the staking contract and then distributed to stakers Now, this is a very unique model and a good question to ask is, "Does it work🤔?" Well, going by stats, we can see that STEP price consistently closes with a positive price % on weeks with buyback above the weekly average amount (~$190k) Data Source: https://flipsidecrypto.xyz/dannyamah/step-buybacks-and-burns-FnwAAQ

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Jm 🏌‍♂️ There's just over 6 hours left to vote on JUPITER'S latest proposal and so far - The proposal recorded the highest number of votes and voters in the first hour of voting 🗳 - Majority of the voters hold ~100 $JUP Check out the live voting stats on my @flipside Dashboard here https://flipsidecrypto.xyz/dannyamah/jupiter-dao-microgrants-proposal-GAXlzQ

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Step Finance has a very unique value accrual mechanism -> Protocol revenue is funnelled to the Step Fee wallet -> Then it goes towards STEP token buybacks -> And then distributed to xSTEP holders as % APY STEP 🤝 xSTEP

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I built a @flipside Dashboard, monitoring the token buybacks and Burns Check it out here https://flipsidecrypto.xyz/dannyamah/step-buybacks-and-burns-FnwAAQ

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Step Finance has a very unique value accrual mechanism -> Protocol revenue is funnelled to the Step Fee wallet -> Then it goes towards STEP token buybacks -> And then distributed to xSTEP holders as % APY STEP 🤝 xSTEP

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The first J4J proposal for supply reduction is live! Over 53,500 voters have already casted their votes, and nearly 90% of them voted "For" the Proposal to be passed 🗳 Looks like we'll be having a 30% reduction in total $JUP supply over the next 6 months 🔥 You can monitor the voting stats on my @flipside Dashboard 👇 https://flipsidecrypto.xyz/dannyamah/j4j-1-supply-reduction-proposal-In0Rbk

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Parcl Stakers have grown to over 5k📈 Their test proposal is still on for ~12 hours, and so far, just over 1k Stakers have participated in the voting round Head over to app.realms.today/dao/parcl and get voting if you have your $PRCL staked! 🏌‍♂️ Data Source https://flipsidecrypto.xyz/dannyamah/prcl-EChFn7

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This means users can provide liquidity across all clAssets simultaneously, using only USDC 🫳 To get started, visit https://liquidity.clone.so/?referralCode=002159 Join in the Discord if you have any questions discord.com/invite/jgVMPEac Keep cloning and let's push Solana Defi even further 📈

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The assets traded on @CloneProtocol are called ClAssets and at the moment clARB, CLOP, clSUI, CLOSE, clBNB, clAPT and cl1MPEPE are avaliable for trading Liquidity on Clone is provided using "comets", which support leveraged and cross-margin liquidity positions

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They're currently running a points program At the moment, over 7.8 active Cloners are climbing the ranks by being active within Clone Protocol, through trading or providing liquidity Check out the dashboard here https://flipsidecrypto.xyz/dannyamah/clone-protocol-m0UbZO

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$APT, but on Solana 🌐! Hear me out Access liquidity to trade coins from other chains without leaving the comfort of Solana on Clone Protocol Clone Protocol also offers a unique liquidity provision system, and almost $3M in collateral has been deposited so far 👇

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Does anyone here use Clone Protocol? https://x.com/CloneProtocol?t=uUT1uRVVuBqIAU3D4XESbQ&s=09

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