Piston Finance 🦾(@0xPiston) 's Twitter Profileg
Piston Finance 🦾

@0xPiston

Magnifying Stablecoin Yields On @MantisSwap | 🧪 incubated by @0xvLabs

ID:1528609832059555840

linkhttps://linktr.ee/0xPiston calendar_today23-05-2022 05:33:29

42 Tweets

99 Followers

19 Following

Mantis Swap(@MantisSwap) 's Twitter Profile Photo

With the MantisSwap Public Beta launch about to go live on Polygon | Aggregated mainnet soon, it becomes important to understand what benefits Mantis provides to LPs and why would they use it in the first place

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Mantis Swap(@MantisSwap) 's Twitter Profile Photo

The collapse of UST, panic and depeg of MIM & USDT every few months and now USDC depeg have made it clear that pegged assets aren't always pegged.

There is a need for proper risk management in so as to minimise the losses for the people that are most affected: LPs

A 🧵..

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Piston Finance 🦾(@0xPiston) 's Twitter Profile Photo

How to receive maximum incentives for your liquidity without needing to vote-escrow lock any tokens?

👀 Piston Finance!

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Mantis Swap(@MantisSwap) 's Twitter Profile Photo

It's finally here ⚡

We are glad to introduce the details of our upcoming next-generation on Polygon | Aggregated 💜

Our mission is simple: make more accessible and safer for all 👐

🧵👇

medium.com/@mantissa.fina…

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Mantis Swap(@MantisSwap) 's Twitter Profile Photo

🤔 Current AMM liquidity providers struggle to make a profit and are constantly exposed to impermanent loss - a common occurrence in volatile markets. 🔥 Further complicating matters is the risk of depegging stablecoins & pegged assets. 📉

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Mantis Swap(@MantisSwap) 's Twitter Profile Photo

Stablecoins comprise a large chunk of the $1.3B+ TVL in Polygon | Aggregated and need a capital efficient with low-risk liquidity provisioning, especially during a de-pegging. 💜

These needs will be fulfilled with MantisSwap’s next-generation . 💪

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