The average AMM Liquidity Provider loses money on every trade. This is unsustainable and destroys value for LPs.
We're proud to announce Haiko—a groundbreaking AMM for @Starknet that provides simple access to market making yield with Strategy Vaults.
haikoxyz.medium.com/introduc…
👇
@sphinxamm is now @haikoxyz!
We started 1 year ago as a hackathon project, and so much has changed since. This is why we are retiring the brand ahead of #mainnet launch to build an even bigger, better one.
Go follow us @haikoxyz for the next chapter of Sphinx!
Gm 2024! 🌅
We’re brewing something special for you as we enter a new year on #Starknet with a fresh start.
Keep your eyes peeled, exciting updates on the horizon 👀🌊
A new season means new opportunities.
Excited to announce we're now live on testnet at sphinx.exchange!
Start trading and providing liquidity on @Starknet in 3 easy steps 👇
4🖖/ Our 🤖 Replicating Strategy 🤖 automatically place bids and asks around the oracle price, balancing inventory to reduce impermanent loss.
Powered by @PragmaOracle 🤝
5/ And that's a wrap!
If you encounter any bugs or issues, please report them so we can level up 🙏
Now go grab some tokens and trade up your portfolio, anon!
🚀1/9 Gm fam, have you heard about Satoru? It's the new badass synthetics platform we're cooking up for Starknet. 💪💪💪 Let's get you up to speed! 🌪️
book.satoru.run/
Had an awesome time exploring @MadaraStarknet at last week's #StarknetSummit Hacker House in Palo Alto.
Over 2-3 days we built Napa, a POC options derivative exchange deployed as a Madara app chain to enable gasless orders.
github.com/parketh/napa@RafaTZhou
We will be in San Francisco next week from Aug 27-31 for @StanfordCrypto Blockchain Week and @Starknet Summit 🚀
If you’re around, let’s connect! DMs are open 👋
Starknet Summit is revving up for a blast!
This summer, we're bringing the Starknet party wagon to San Fran, and oh boy, we got some special things for y'all:
🔧Workshops & Talks
⛺BaseCamp
🔒Hacker House
🎉Mixer
📣Present your Project
💻Live coding
Dont miss this party 🎊 🤗
Today, we're excited to relaunch Sphinx as a new AMM that ships with an integrated smart contract market maker:
✨Powerful new AMM for @Starknet
🤝 Open source library of MM strategies
📈 Deep liquidity and yield from Day 1
🚀 Launch tokens in minutes
Let's break it down 👇
10c/ ‘Stable’ Strategy
A box strategy that provides liquidity at a pair of discrete bid and ask prices, bounded around the market price. Ideal for stablecoin markets.
11/ 👉👈 If you are a project considering launching a token on Starknet, we’d would love to connect and see how we can help.
Sphinx is currently in testing and will be launching soon. Follow @sphinxamm@park_eth for updates as we’ll be unveiling more over the next few weeks 🫡