MILESTONE: The FLIP burn just wiped out four years of emissions.
Burns have now surpassed everything emitted since TGE. $FLIP supply rose with emissions, peaked near 95.7M, and has returned to the 90M it launched with.
And it’s not stopping: every Chainflip swap will keep buying and burning until FLIP 2.1 goes live. chainflip.io/blog/flip-burns…
We published a report on an incident that took place on 11 June. All Chainflip swapping and quoting services are up and running normally.
Full write-up: chainflip.io/blog/incident-r…
Want to know how we execute large swaps at speed while keeping fees low?
Check @leodexio's breakdown of our DCA feature, now also integrated in their app.
Tired of slippage wrecking large USDT -> BTC swaps?
Here's a $500k swap with almost none — thanks to @Chainflip DCA
It breaks big orders into sequential chunks for optimal pricing.. and at blazing fast speeds
Stablecoin yield check on Chainflip Lending:
Avg. USDC APY: 8.65%
Avg. USDT APY: 8.74%
Both pools are sitting near a 94% 30-day average utilization rate.
Start earning by supplying your assets on Chainflip Lending: lp.chainflip.io/lending?tab=…
When @trondao goes live on our mainnet, we unlock a range of new native swapping paths:
USDT (TRC20) ↔ native BTC, ETH, SOL, ARB, HUB
USDT (TRC20) ↔ USDT and USDC across ETH, SOL, ARB, HUB
TRX ↔ every supported chain and asset
Available soon at swap.chainflip.io
With the upcoming FLIP 2.1 tokenomics, current simulations project an APY of 28.2%.
Check out the full FLIP 2.1 tokenomics simulation at burnonomics.com/#simulator
Want to watch the protocol buy FLIP in real time?
Check out the community terminal Flipfirehose.com, built by @chainflipgod. It tracks live buybacks and includes a FLIP 2.1 staking simulator for the upcoming tokenomics updates.
Introducing Flipfirehose.com
For my fellow $FLIP bulls, it's a simple site that currently shows every protocol buy of FLIP in real-time, as well as offering a simulator for FLIP 2.1 to show how much you'll personally earn on every swap
Check it out!