Testing out jumping between complex multi-hop transactions and building tokens and staking contracts simultaneously using @AIWayfinder

In anticipation of the conclusion of the @AIWayfinder governance vote, the core Parallel team is committing 600k of already vested $PRIME in contract for 3 years when the vote passes for Wayfinder. Additionally, any remaining core team liquid and vested tokens will be cached for $PROMPT. Looking further out, we are commited to enhancing the utility of the token with the creation of additional $PRIME sinks, expanding ownership via mass retail engagements such as our recent initiatives in Japan as well as the release of our second game @ParallelColony which is powered by $PRIME. //

So it is completely fine for The Hearthstone community members/ devs to call us scammers/pyramid schemers but the moment I say something back it’s taking it too far haha. I don’t care what you think about me. These tweets are for the silent listeners who are bored of the old systems and want something new. My intention was not to cause war, but it’s pretty tough seeing all my friends getting accused of being scammers and I’m just not gonna sit back quietly and let it happen.

Clearly you haven't tried the new Nitro yet. If there is a bridge that is faster or cheaper between Ethereum and L2s, I am still to hear about it . (~40% cheaper than the cheapest option on Jumper earlier today)

$𝟯𝟱𝗠 𝗙𝘂𝗻𝗱𝗶𝗻𝗴 𝗥𝗼𝘂𝗻𝗱 𝗶𝗻 𝗣𝗮𝗿𝗮𝗹𝗹𝗲𝗹 𝗦𝘁𝘂𝗱𝗶𝗼𝘀 We are excited to announce our latest funding round! Our team is thrilled to expand the Parallel universe across new mediums and platforms. //

Resisting the urge to use ‘thrilled’ or ‘excited’ but… ahhh Study the teams and founders who show up every fucking day @templecrash @ParallelTCGpod Congrats //

Congratulations to our friends and partners @ParallelTCG and @EchelonFND for its native ecosystem token $PRIME, hitting a $3B Fully Diluted Valuation this evening! No one deserves it more 🥂

what @ParallelTCG is building with @AIWayfinder is so cool man they're really going to deliver on both producing a fun breakout game in crypto with real users that has crossover w/ web2 & web3 AND building out the most comprehensive AI agents tool for navigating blockchain envs

Proud to announce that NFTfi has completed a $6 million Series A1 funding round to build the leading NFT finance settlement layer. Led by @placeholdervc, this latest round brings NFTfi’s total funding to $15 million USD. A huge thank you to all of our backers! 1/6

Build armies and battle to decide the fate of humanity. We're teaming up with @Fitchinverse and @tylerootd for our latest lesson in @ParallelTCG gameplay. Wen? Thursday (3/7) Time? 10am PT/1pm ET Where? Streaming live on @X and @Twitch

Just used @UseTeller to borrow 100WETH using $PRIME at a 1 to 1 collateral ratio with an 8% APY to ape an additional 100WETH into @renzoai at ~5X leverage via @GearboxProtocol Will walk you through my strategy🧵

Leverage up the internet bond. Leverage up USDe and and sUSDe. Leverage up @ethena. Earn upto 90X Shards on Gearbox from 11th March. ⚙️🧰

Weekend Hangout after hours with the crew at @niftyisland on @ParallelAiRev's Legendary Pistol DM on NVIDIA Arena🔫 All 3 winners @bihozNFTs @Aegon097 and I are all in the VC when we won 🤣 Shoutouts to the homie @ParallelAiRev for giving pistols to the top 3! We all thought it was only for the match winner 🫡 and to @6IXGODnft @McSwag_eth & @zipeycrypto for hyping us up 😆

“Liquid Eigen Layer Beta”- this is a statement we have seen being used to describe Gearbox recently. That claim seems to be even more substantiated as LRT integrations like @renzoai and @ether_fi have boosted TVL to $97M and put the lending market on course to generate over $15M in fees for lenders. So, is Gearbox about restaking? Yes, No, and so much more. Let's look at the metrics and V3's growth strategy 🧵 The "Network Effects" capture strategy Gearbox is an onchain leverage layer. It enables you to borrow leverage and use it across other protocols and chains. That is currently mostly DeFi, but also some RWA and even staking facilities. With V3, our strategy was to develop Gearbox into a more modular protocol capable of offering leverage on protocols and assets that are the most relevant to users. This was a key growth mechanism to capture and grow our "Network effects". Integrating LRTs, thus, was a part of the V3 strategy and gained significant traction. Beyond LRTs, V3 enabled leveraged trading on DEXes like Uniswap and Curve with PURE Margin Trading. Also, introduced leveraged RWAs with sDAI, leveraged LSDs with rETH and stETH and more from the @CurveFinance Ecosystem to grow these network effects. Effect on Borrowers and TVL With V3's additions, we have seen the user base rise to 240 active borrowers with an average position size of $333K. Whales, few in numbers, but huge 🐋 The overall TVL has now risen from $27M on V2 to $97M on V3, a 259% rise. Out of this, the leveraged restaking TVL is at $68.7M, Gearbox PURE is at $9.4M Open Trade Value. Growing Lenders Organically With V2, the supply side was largely driven by $GEAR incentives. With V3, we have reduced the $GEAR incentives by over 60% and still seen supplied assets grow by over 3x to $80M. This is because Gearbox's lending side is on course to generate $15.5M for lenders annualized. This enables lending rates of 25% APYs on ETH and 10% APYs on USDC 🔥 Lenders earn these yields from borrowers who earn 200% APYs on LRTs, borrow at 10% APYs to margin trade and have other farms that yield 40% APYs as well. This enables borrowers to pay above market rates for ETH and USDC and still earn more. V3's integrations thus make growing Gearbox sustainable without relying on $GEAR emissions. Composability amplifying our partners & friends The cool part about Gearbox is its composability. All the trades, farms, liquidations happen on integrated DEXes and protocols. That means more volumes for them, more fees for them. This way, Gearbox brought about $6️⃣B in volumes for @Uniswap, @CurveFinance, and @Balancer over the course of 2023 with its V3! So far, with V3, it has been $100M in basically just a couple of weeks (source in next tweet). Financial Impact for the Gearbox DAO Gearbox DAO, at current levels, is on its way to $5M in revenue annualized. And that comes with a special twist which slowly starts to show its effect: gauges controlled by $GEAR stakers. The interest rates in Gearbox are split into two parts: base utilization rate that everyone is familiar with extra quota rates that are different for every asset you leverage. Protocols and whales can stake their GEAR and make those interest rates lower or higher, essentially creating a market for bribes and Gear Wars... but on that, in next tweet. Next Source of Growth While in terms of $$ value terms the protocol and DAO are doing well, the current limitations of Ethereum Mainnet's Gas fee and the 25ETH minimum borrow make expanding the user base tough. To enable more users to access Leveraged DeFi, Gearbox is deploying on Arbitrum, which would enable users of all sizes to access Leveraged DeFi. This should further bring Arbitrum-native integrations. As for the other mainnet integrations, that could be Ethena, KelpDAO, GHO, Balancer and Aura pools, and… what would you like to see? PS: links to sources and more info below ⤵️

Just testing out the future.

The response to leveraged @eigencloud restaking has been phenomenal, hitting the 2.5K ETH restaking limit in under 24 Hours 🔥 But, we heard you! Which is why we are 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗶𝗻𝗴 𝘁𝗵𝗲 𝗹𝗶𝗺𝗶𝘁 𝘁𝗼 𝟯𝟬𝗞 𝗘𝗧𝗛 by: 1. Increasing the cap on @ether_fi to 15,000 ETH with a 2X exclusive boost on etherfi points. 2. Introducing @renzoai with a further 15,000 ETH restaking limit. These integrations together increase the 𝗿𝗲𝘀𝘁𝗮𝗸𝗶𝗻𝗴 𝗹𝗶𝗺𝗶𝘁 𝗼𝗻 𝗚𝗲𝗮𝗿𝗯𝗼𝘅 𝗯𝘆 𝟭𝟮𝗫, from 2.5K ETH to 30K ETH. But what about the access ninja registration? - Gone! We heard how frustrating the experience was to have to register and mint an NFT to access leveraged restaking. Which is why it'll be gone as soon as the changes go live. So access open to everyone, though, minimum borrow remains 25WETH. Need to keep the buffer there. When ape in? - In 3 days! The limit increase and Renzo integration go live a few hours after GIP-94 end date ie 24th Feb. Users will be able to permissionlessly access leveraged restaking right after, just like it is with PURE margin trading. What to do till then? - Earn passive GEAR! The Gearbox ETH lending pool has seen the supply rates reach 11% as restakers pay a 17.5% borrow fee. This enables even passive lenders to earn substantial returns while not having to actively manage a restaking position. Once limits change to 30K ETH for restaking, these are likely to change a bit again. Go earn without impermanent loss, without fee and no lockups: app.gearbox.fi/pools/ And read up about how it all works here: blog.gearbox.fi/leveraged-re… So get those ETH ready and get ready to earn 10 months of EIGEN points in 1 month with 10x leverage. Only on Gearbox ⚙️🧰

Congratulations to the @metastreetxyz team on their launch 🚀

Having had numerous conversations with some elite gaming minds thus far this year, Web3 Gaming is truly just getting started.

I CHALLENGE YOU. COME TO THIS ISLAND AND BATTLE WITH US ⚔️🏝️ I am live on stream with @marcell0xeth and @IQLabs_official on an amazing island built by @SMPLsquish @zvvvch @CryptoLetsgetit ! Link below 👇

3️⃣ @ParallelTCG is a Sci-Fi world and card game. Parallel raised $50M from @paradigm, @YuntCapital and @fcslabs. The project will soon release a tournament with a large prize pool to celebrate the launch of the beta version of the game. Prepare for the upcoming tournament 👇