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!
Chainflip Lending support coming soon
We've already launched a dashboard where you can track it but needed more time to build the full pipeline for using it
Chainflip lending markets (while small) are nearing full utilization rate
If you have some USDC or USDT and want to earn some decent returns, supply rates are currently attractive
Note: since markets are small, big supply would dilute returns
scan.chainflip.io/lending/ma…