Joined January 2021
- Tweets 288
- Following 30
- Followers 1,151
- Likes 172
21 Photos and videos
Hover Labs retweeted
12 Jul 2022
Over the past few months, the Kolibri #DAO purchased 82,494 $XTZ. It matched the amount with $kUSD and added it to the XTZ/kUSD @QuipuSwap liquidity pool
Total LP: 30,013
Stability Fund: 589,049 kUSD
Dev Fund: 52,082 kUSD
Total Value Controlled: 760,057 kUSD, 82268 $XTZ
#Tezos
3
20
75
31 Jan 2022
kUSD is now part of a stable swap pair on Tezos!
We've written KIP-022, which proposes incentivizing LPs with kDAO tokens:
discuss.kolibri.finance/t/ki…
6
12
29
30 Dec 2021
As promised, we've published a post mortem of the economic exploit leveraged against the Kolibri Protocol's Liquidity Pool last week.
This is the first in several articles diving into the specifics of the incident and can be found here:
kolibri-xtz.medium.com/kolib…
4
12
34
27 Dec 2021
Now that funds are not at risk, we'll publish a full post mortem shortly and continue to work with the community for next steps to restore functionality or migrate the liquidity pool.
We'll post that here when it is complete.
27 Dec 2021
Earlier today Hover Labs executed Kolibri DAO proposal 12, which disables the Liquidity Pool's ability to liquidate ovens and patches the economic exploit.
To the best of our knowledge, funds in the Liquidity Pool are safe. The QLkUSD farm will continue to emit kDAO.
2
10
27 Dec 2021
Earlier today Hover Labs executed Kolibri DAO proposal 12, which disables the Liquidity Pool's ability to liquidate ovens and patches the economic exploit.
To the best of our knowledge, funds in the Liquidity Pool are safe. The QLkUSD farm will continue to emit kDAO.
8
23
Hover Labs retweeted
21 Dec 2021
20 Dec 2021
Make an offer with just $xtz? Nah, let's open some new avenues for our artists. Let's say, $kalam, $kusd, $plenty, $crunch, and #tezos. What do you say? Tomorrow work for you? Good. Coming in HOT so your bags ready!
#nftcollectors #kalamint #kalamintcommunity #nfts #NFTCommmunity
1
6
31
Hover Labs retweeted
20 Dec 2021
We’re aware of a sophisticated arbitrage/economic exploit involving the Kolibri Liquidity Pool.
This has ONLY affected providers for the Kolibri Liquidation Pool. The #Kolibri protocol continues to function normally.
More information here: discuss.kolibri.finance/t/ko…
5
19
14 Dec 2021
The #Kolibri Community has put forth KIP-016, a proposal to set the interest rate for the Kolibri Savings Rate for 10.75%. The proposal is under vote for the next 3.5 days.
kDAO holders can vote at governance.kolibri.finance!
#Tezos #Defi
3
9
10 Dec 2021
We've been hard at work recently, testing and iterating on the Kolibri Savings Rate (KSR), which will be a new and powerful lever to help the @KolibriDAO control the price of $kUSD.
We've just submitted a proposal to the DAO to adopt this new component! governance.kolibri.finance/
1
8
34
10 Dec 2021
If you want more information there's a few places to go to:
- KIP discuss.kolibri.finance/t/ki…
- Docs kolibri.finance/docs/compone…
We also have things deployed onto the Granada testnet if you want to go play with things and check them out! testnet.kolibri.finance/savi…
1
10
9 Dec 2021
When thinking through how to visually represent the health of an algo stablecoin like $kUSD, there was a desire to not just show peg stability as it fluctuates around $1, but also a "peg depth" that gave an indication of how liquid a stable-coin is on a particular market.
1
9
15 Nov 2021
Wen lunch!?
15 Nov 2021
QuipuSwap Stable DEX code is now open-source.
github.com/madfish-solutions…
Stable DEX is the upcoming QuipuSwap feature for price-efficient and low-risk stablecoin trading. It brings the @CurveFinance functionality to the Tezos ecosystem.
#xtz #tezos #quipuswap #stablecoin #dex
1
21
9 Nov 2021
We've just submitted KIP-014 to the @KolibriDAO, which raises the stability fee 2% to 21.5%!
This change is super important to ensure that $kUSD remains a stable store of value, and should help compensate for the divergence of @QuipuSwap's $kUSD / $XTZ and Harbinger's price.
1
7
30
9 Nov 2021
As always, if you have thoughts or questions about this (or any) proposals, feel free to stop by the Kolibri Discord discord.gg/pCKVNTw6Pf or visit the #Kolibri Forum discuss.kolibri.finance/!
2
7
Hover Labs retweeted
6 Nov 2021
Tezos connoisseur Lukas Zuegg speaks with “shadowy super coders” Ryan Sears and Keefer Taylor about their project, Kolibri Finance.
#DeFi @KolibriDAO @KeeferTaylor @hovereng @tezos
cryptocoin.news/news/kolibri…
1
12
45
Hover Labs retweeted
3 Nov 2021
🚨 🚨 PROPOSAL ALERT🚨 🚨
💪Kolibri community, assemble!💪
The 8th proposal has been submitted to the #DAO! This proposal increases the debt ceiling to 12m kUSD 📈
Check out the proposal and cast your vote at governance.kolibri.finance/
Get involved at discuss.kolibri.finance/
10
19