Read on Twitter
1/10
A hot new gem came up on my radar: @StepFinance_
Very bullish on it, so get ready for a long thread
Website: https://step.finance/
Docs:">https://step.finance/">... https://docs.step.finance"> https://docs.step.finance
Twitter: https://twitter.com/StepFinance_
Discord:">https://twitter.com/StepFinan... https://discord.gg/k5gMJUAEJe
Telegram:https://discord.gg/k5gMJUAEJ... href=" https://t.me/stepfinance ">https://t.me/stepfinan...
A hot new gem came up on my radar: @StepFinance_
Very bullish on it, so get ready for a long thread
Website: https://step.finance/
Docs:">https://step.finance/">... https://docs.step.finance"> https://docs.step.finance
Twitter: https://twitter.com/StepFinance_
Discord:">https://twitter.com/StepFinan... https://discord.gg/k5gMJUAEJe
Telegram:
2/10
As we know, #Solana has been shaping up as one of the premier DeFi contenders to Ethereum. As a platform it boasts unprecedented speed and scalability, and the ecosystem is mostly there: Serum DEX, liquidity farming on Raydium AMM, edgy community-based projects like COPE..
As we know, #Solana has been shaping up as one of the premier DeFi contenders to Ethereum. As a platform it boasts unprecedented speed and scalability, and the ecosystem is mostly there: Serum DEX, liquidity farming on Raydium AMM, edgy community-based projects like COPE..
3/10
..but DeFi power users dabbling in Solana still can& #39;t easily track their multitude of tokens in one place and understand what& #39;s happening with IL on their yield farming positions. Basically they need a clear overview of their DeFi portfolio, like Zapper does for Ethereum.
..but DeFi power users dabbling in Solana still can& #39;t easily track their multitude of tokens in one place and understand what& #39;s happening with IL on their yield farming positions. Basically they need a clear overview of their DeFi portfolio, like Zapper does for Ethereum.
4/10
Enter Step Finance: a dashboard providing key performance metrics and granular view of your DeFi portfolio on Solana - but there& #39;s more: it also lets you execute trades as well as most common yield farming actions, all within one custom-designed UX https://twitter.com/StepFinance_/status/1384847615439917056">https://twitter.com/StepFinan...
Enter Step Finance: a dashboard providing key performance metrics and granular view of your DeFi portfolio on Solana - but there& #39;s more: it also lets you execute trades as well as most common yield farming actions, all within one custom-designed UX https://twitter.com/StepFinance_/status/1384847615439917056">https://twitter.com/StepFinan...
5/11
Funny how when you& #39;re building cutting-edge stuff for platforms of the future, along the way you start noticing more aspects to your product than you actually envisaged in the first place - turns out @StepFinance_ is also an aggregator for @Solana
https://abs.twimg.com/emoji/v2/... draggable="false" alt="đ" title="LĂ€chelndes Gesicht mit geöffnetem Mund und lĂ€chelnden Augen" aria-label="Emoji: LĂ€chelndes Gesicht mit geöffnetem Mund und lĂ€chelnden Augen"> https://twitter.com/StepFinance_/status/1383866576244334598">https://twitter.com/StepFinan...
Funny how when you& #39;re building cutting-edge stuff for platforms of the future, along the way you start noticing more aspects to your product than you actually envisaged in the first place - turns out @StepFinance_ is also an aggregator for @Solana
6/11
Core functionality
https://abs.twimg.com/emoji/v2/... draggable="false" alt="â©" title="Nach rechts zeigendes doppeltes Dreieck" aria-label="Emoji: Nach rechts zeigendes doppeltes Dreieck"> view your tokens on individual/multiple addresses, track value in different base currencies
https://abs.twimg.com/emoji/v2/... draggable="false" alt="â©" title="Nach rechts zeigendes doppeltes Dreieck" aria-label="Emoji: Nach rechts zeigendes doppeltes Dreieck"> visualize performance, fee revenue, IL, yield and APYs for your LP tokens
https://abs.twimg.com/emoji/v2/... draggable="false" alt="â©" title="Nach rechts zeigendes doppeltes Dreieck" aria-label="Emoji: Nach rechts zeigendes doppeltes Dreieck"> discover @Solana yield farming plays with 1-click entry, exit & reward claim
Core functionality
7/11
Core functionality (continued)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="â©" title="Nach rechts zeigendes doppeltes Dreieck" aria-label="Emoji: Nach rechts zeigendes doppeltes Dreieck"> view key info related to your Serum DEX positions
https://abs.twimg.com/emoji/v2/... draggable="false" alt="â©" title="Nach rechts zeigendes doppeltes Dreieck" aria-label="Emoji: Nach rechts zeigendes doppeltes Dreieck"> enter automated investment strategies like DCA, EMAs and RSIs, or make your own
https://abs.twimg.com/emoji/v2/... draggable="false" alt="â©" title="Nach rechts zeigendes doppeltes Dreieck" aria-label="Emoji: Nach rechts zeigendes doppeltes Dreieck"> get the best possible deals via integrated swap aggregation
Core functionality (continued)
8/11
A lot of thought was put into tokenomics, designed to ensure the project& #39;s longevity and build a loyal community of token holders, with long periods of vesting for the team and private investors and a whole 55% allotted to LPs and platform users. http://docs.step.finance/step-tokenomics ">https://docs.step.finance/step-toke...
A lot of thought was put into tokenomics, designed to ensure the project& #39;s longevity and build a loyal community of token holders, with long periods of vesting for the team and private investors and a whole 55% allotted to LPs and platform users. http://docs.step.finance/step-tokenomics ">https://docs.step.finance/step-toke...
9/11
Unsurprisingly, the value behind $STEP quickly got recognized by the leading institutions focusing on the $SOL ecosystem, with @AlamedaResearch, @3commas_io, @RaydiumProtocol, One Block Capital and @SolidityVenture& #39;s deciding to back @StepFinance_ with an investment of $2m
Unsurprisingly, the value behind $STEP quickly got recognized by the leading institutions focusing on the $SOL ecosystem, with @AlamedaResearch, @3commas_io, @RaydiumProtocol, One Block Capital and @SolidityVenture& #39;s deciding to back @StepFinance_ with an investment of $2m
10/11
Launch via direct listing
Sat April 24, 16:00 UTC
STEP-USDC standard Serum pool on http://test.step.finance"> http://test.step.finance
Sun April 25, 12:00 UTC
STEP-USDC incentivized pool on http://raydium.io"> http://raydium.io
Initial liquidity: 200,000 USDC + 4,000,000 STEP
Implied price: 0.05 USDC / 50m FDV
Launch via direct listing
Sat April 24, 16:00 UTC
STEP-USDC standard Serum pool on http://test.step.finance"> http://test.step.finance
Sun April 25, 12:00 UTC
STEP-USDC incentivized pool on http://raydium.io"> http://raydium.io
Initial liquidity: 200,000 USDC + 4,000,000 STEP
Implied price: 0.05 USDC / 50m FDV
11/11
Last but not least, @StepFinance_ already passed 8.5k followers on twitter and 3k telegram members - not bad for a project that came out of a hackathon.
With all the hype, activity and new projects flocking to @Solana, crucial tools for it like Step are bound to do well!
Last but not least, @StepFinance_ already passed 8.5k followers on twitter and 3k telegram members - not bad for a project that came out of a hackathon.
With all the hype, activity and new projects flocking to @Solana, crucial tools for it like Step are bound to do well!
