First permissionless margin trading protocol in crypto. Nemesis has created a novel liquidity framework called the Omni-directional Market Maker (OMM), enabling swaps, margin trades, and liquidity provision within a single liquidity pool, allowing for leveraged long and short positions on any onchain token. It also creates a new, organic, and superior onchain yield opportunity for liquidity providers.
Velocity of growth — engagement quality folded in at 35%
Ranked by a composite of views, reach per follower, likes and bookmarks — normalised against this account's own peak.
Latest activity from @Nemesisdottrade.
Over the past two weeks, we have been laser-focused on attacking the protocol internally. We are looking to finish the last piece of our smart contract security research and development this week and look forward to working with the best auditors in the industry next. Stay tuned
We also made a significant upgrade to our oracle design. Nemesis risk pricing now requires prices to be at least three blocks old. Even though an attacker can use flash loans to move the pool freely, it will not affect the price used to measure the health of positions. We
Beyond liquidations and migration, we also covered protocol fee and bad-debt accounting, token safety in the router and margin paths, a rework of liquidity position accounting, pre-submission trade validation, approval and retry handling, position data integrity, and a pass
Liquidity Migration is live as a pilot on Ethereum Sepolia as well. LPs can now migrate any positions from Uniswap V2, V3, and V4 to Nemesis and earn margin trading fees on top of swap fees. https://t.co/U5TkKy4zZR
Permissionless Liquidation is live. Liquidations are now a full experience: - Live liquidatable-positions screen with search and pagination - Instant liquidation: liquidate a position using the trader’s collateral - Funded liquidation: provide your own liquidity and post https:…
We've been shipping steadily over the past month, including two major features and a round of protocol hardening on Ethereum Sepolia. Here is what we have released and what's next. A thread🧵 https://t.co/wjINJ2smQB
Last but not least, as we are approaching our V1 mainnet launch, we are developing a more powerful trading terminal that combines the new brand identity with comprehensive onchain trading features. Stay tuned as we turn this into the next application to improve your trading https…
We've created a library of generative line patterns that act as the brand's backdrop. Each composition is built from the same underlying geometry as the logomark, refracted into new forms across angles, curves, and densities. https://t.co/FJpxHOaR7e
On the product font, we have chosen Cerebri Sans Pro to carry the brand across every UI/UX surface, from the website to the features of the protocol. https://t.co/zovMtT3a1d
On the editorial font, we have chosen Charis SIL to anchor the brand across articles, posters, presentations, and social. https://t.co/3D3uoQVkUH