plaza finance

If you missed the AMA, here is the recording 🤝 

https://x.com/plaza_finance/status/1887924818806284504

Who is pulling up tomorrow? 🙋‍♂️

Where bondETH's yield come from? 🤔

1️⃣ The staking and restaking yield of ETH LSTs and LRTs backing bondETH
2️⃣ Levered investors paying for their leverage

More below 👇

Mark your calendars... 🗓️

... for an AMA with the Plaza Core Devs 🎉

When: Friday, 2/7 at 1 pm EST 
Where: https://x.com/plaza_finance 

Comment your questions below 👇

Yesterday was the biggest liquidation event in crypto history. Today prices recovered. 🙏

We designed levETH exactly for this scenario - so you don't get stopped out of your trade during a short-term drawdown, and can play for the recovery 🥽

Launching on Base soon and expanding everywhere 🚀

https://cointelegraph.com/news/crypto-market-liquidation-bybit-10b

I may not be in #500. But I'm in #10 in #1

iykyk

Base

Spent friday night learning Remix, and ended up with reframe.canine.sh

Basically Retool for your own life. See the one i made for myself at reframe.canine.sh/czhu12

Mostly happy with it, I set it as my default new tab link, and it's a good way to kickstart my brain.

levETH is cross-chain composable levered exposure to $ETH LSTs and LRTs 🧐

More below 👇

7 ETH in prizes? Check. Top sponsors and judges? Check. 

The Onchain AI Buildathon in London is almost here

Sign up: https://lu.ma/bc5pq6ov

e/acc

Was in Mojave today for the first Boom supersonic flight test! Amazing accomplishment, after over a decade of work. Congrats to the entire team!

🚨 Rewards Alert 🚨

Testnet users can claim the fourth NFT reward (Level 7 - 1000 points) tomorrow, 1/28 at 12 pm ET 🗓️

Here is the link: https://testnet.plaza.finance/rewards 🎁

This will be a limited mint to 2500 unique NFTs and the NFTs will be tradable on @opensea, so get them while they're available 👀

We're looking forward to seeing community members rocking Plaza profile pics 🤝

DROP YOUR $BASE ADDRESS
• Like And Recast
• Click Follow 

Fun On Warpcast?? 
Snapshot Every 1 Hour (24 Times)
🫡 🫡 


🚨 Upgrade Alert 🚨

We launched a major upgrade of our testnet deployment 🎉

This upgrade was focused on security and includes all recommended changes from our audit with Zellic 🔒

Because this is a new set of contracts, your testnet token balances will reset to zero 🐣

Your points balances are unaffected 📊

We recommend you get some bondETH in your wallet over the next few days for an upcoming feature release 👀

Happy testing on the upgraded deployment 🥳

We believe the world deserves transparent financial products 🌎

So... all of Plaza's smart contracts are now public to view 🎉

Check them out here: https://github.com/Convexity-Research/plaza-contracts 🤖
Read about how they work here: https://docs.plaza.finance 📚

Ethereum

wrt protocol governance, ephemeral social feeds live at the level of fashion

these discussions _very rarely_ have deeper impact (process improvements, faster upgrades). that's why i try to get people to use other venues! (magicians, ACD, R&D Discord)

shoutout stewart brand 🙏

Some people don't like the volatility of $ETH and prefer steady returns. We made bondETH for them. 🏖️

Some people want more volatility than $ETH without the risk of getting liquidated. We made levETH for them. 🚀

Some people want a free financial system where they don't have to trust governments or institutions to access better financial products. We made Plaza for them. 🦅

Deniss

@deniss