The all-in-one DeFi platform, that combines concentrated liquidity DEX with an automated yield optimizer. linktr.ee/genius_yield

🥳 WE'RE THRILLED TO ANNOUNCE THE LAUNCH OF THE GENIUS YIELD's DEX! 🥳 🚀🚀🚀Try it out now! app.geniusyield.co/ ❤️ 🫂 A massive thank you to everyone who helped us reach this milestone. This achievement is a testament to our community's incredible effort and dedication. We strive to be decentralized, open-sourced, and permissionless. Our Smart Order Routers (SORs) matching orders? They're in the hands of our community, not just us. 🤝 ☝️ Let's not forget about fee sharing! We're growing together with you. Stay tuned for the myriad of exciting features we'll be adding throughout 2024! #theCardanoway #DEX #mainnet $GENS
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We've been hard at work building our DEX for #Cardano. Here are pics of our UI, which is about 90% complete currently. Pics are of: - The user trading portal - The concentrated liquidity portal - Our yield farming dashboard Retweet this and let folks know #Cardano is building. 💪
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We are organizing a double #giveaway 🎁 to celebrate the last round of our public sale! 1/ Twitter #Contest 1000 $GENS up for grabs! - Follow @GeniusyieldO & @OfficialGeniusx - Like / RT - Tag 2 friends For an additional chance of winning an extra 2000 $GENS read below🧵👇👀
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We've been busy but want to take a moment to share with our #Cardano community a little taste of our DEX: Matched by our SORs, our not-so-secret sauce.
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Atlas awakens 🌎 Genius Yield is proud to announce we have open-sourced Atlas, the name for our PAB for the benefit of the #CardanoCommunity. Any project or #developer will be able to access the files! What's a PAB? Find out below 🧵👇🏻 bit.ly/3LXfFPn
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I’ve noticed many posts about @chainlink supporting @cardano. I spoke with their CTO three months ago, and they mentioned that they are prioritizing SUI and BASE due to insufficient demand for Cardano. However, if we can unite a significant number of projects, we might be able to change their perspective. Who’s on board?
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In Genius Yield we’re committed to fulfilling our mission of democratizing DeFi for everyone. That's why we are excited to share with you the Genius DEX Whitepaper! geniusyield.co/whitepaper Please have a look and see details of our revolutionary solutions🧠
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Replying to @IOHK_Charles
#Cardano now averages 100k transactions per day which contain about 3 payments per transaction. This is all before the major scaling updates in the next two hardforks. Cardano will be one the most efficient, secure, scalable, and decentralized layer 1's in the industry. 💪
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🥳@MehenOfficial Partnership Announcement! 🥳 $USDM , the 1st #Cardano stable fiat-backed minting starts this Saturday 16th! 🎉 🔥Dedicated MMBs and SORs on the USDM/ADA will be deployed on the week commencing 18th of March to enhance liquidity and trading efficiency. 🔥Special incentives for traders and liquidity providers! For a limited time, all USDM/ADA limit orders on the Genius Yield DEX, will receive a x3 APY boost paid out in GENS and distributed as a part of the Accelerated Yield Event. #Stablecoin & $ADA 🤩 🤝 Learn more about this partnership on our Medium article: medium.com/@geniusyield/geni…
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Hello Genius family! 👋❤️ 🥳 We are thrilled to announce that we have open-sourced our SORs! We believe that the surefire way to build #Cardano and increase adoption is to open source as many components as possible. One of the key tenets of Cardano is #decentralization, and the same principle applies to Genius Yield. That's why we have made it possible for anyone to participate in matching orders by open sourcing our #SORs. No more centralized batchers. This is the Cardano way. Find the repo here: github.com/geniusyield/smart… We will also provide updates in the future. Lets review how an SOR functions. 1st: SORs are not Batchers. 🤖 SOR are arbitrage bots, they match limit orders together. 🔀 Batchers are ONLY needed for AMM DEXs, they are like the DEX’s mempool. They can reorder orders and even change the price via slippage, because they have centralized & permissioned access to the liquidity pools.| 👉 GY will not have Batchers! 👈 At Genius Yield, when placing a limit or market order, there is no price difference or slippage, as we don't use batchers or AMM liquidity pools. You know what you’re going to get before you sign the transaction. 🔒 Users know the exact price and how many tokens they will get because the price is set deterministically at order creation. In addition: ✅ SORs can't change the order price that was set by the user ✅ SORs make profits only from the bid/ask spreads ✅ SORs don’t get a cut of the execution fee charged by the DEX ✅ SORs are open sourced Community run SORs will create competition and bring faster and cheaper swaps. 💪 🤝 Join us as we build a DEX that will revolutionize DeFi The Alpha Testnet starts October 9th!
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🔥 GENIUS YIELD's DEX #PUBLICTESTNET IS LIVE! Our testnet is now open to everyone! Try it out here, remember to set your wallet in Pre-prod mode. 👉 testnet.geniusyield.co/ 🔎 We’ll be happy to receive your feedback and reports on our Discord. If you aren’t a member yet, join! Linktree in Bio. #Decentralization #CardanoCommunity #OpenSourceEthos
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Hello #Cardano $ADA family! Please RT and share! We're excited to announce the Genius Yield Staking dApp and locked staking vaults for $GENS tokens and #NFTs! 🥳 The dApp will be live on mainnet on Wednesday, December 21st! 🚀 What is the Staking dApp? Details below: 🧵👇
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🎉 Our #Alpha #Testnet is now LIVE🎉 ✅ Selected registered testers have received the instructions by email. 👀 Check your inbox and spam folder! We may add more testers throughout the week. Looking forward to building the future of #DeFi on #Cardano with your help! 🚀
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#OpenSource Ethos 🔓 #Cardano $ADA family! We are proud to officially announce that we will be open-sourcing the smart contracts used in the Genius Yield Dex! A smart contract is a self-executing agreement with terms between the buyer and seller written into code. Details👇 👉 Currently, our DEX uses a single order type: limit orders that can be partially filled, and market orders. These limit orders are created using a smart contract that ensures users' money is safe. The smart contract guarantees that the assets are locked in and only released if the user cancels the order or if a buyer pays the correct price. This smart contract defines the "rules of the game," and each time a user places an order, they entrust their assets to this smart contract. 📖 Therefore, making the source code of that smart contract available is imperative. If we expect users to entrust the smart contract with their money without being able to see it, it's akin to asking someone to sign a contract without allowing them to read it first. For technical reasons, to keep track of the "life cycle" of an order on our DEX, we also deploy special NFTs. For each order, there is an NFT minted when the order is created and burnt when the order is completely filled or canceled. These NFTs are defined by a "minting policy" (another smart contract), which is carefully coordinated with the main order smart contract. We are open-sourcing both the order "validator" smart contract and the NFT "minting policy" smart contract. 🧐 While both of these smart contracts have undergone audits in the past, we made changes during the testnet. Therefore, both of these smart contracts are undergoing a second audit. At the end of these audits, we will open-source the contracts under license. Thank you for your support! Together we are building Cardano. ❤ 🤝
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Hello #Cardanocommunity! Given the recent concerns about how batchers and slippage works on DEXs, we’d like to provide you with some details about how our Smart Router Orders #SORs work and make profit on our Orderbook 1st! SORs are not Batchers. 👀☝Please follow this 🧵
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Hello #Cardano! We're very proud to announce that the $GENS tokens have been minted! To make sure the $GENS token is considered a utility token by Swiss regulation we needed to mint tokens before the public sale started, otherwise they could have been considered securities.🧵👇
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🚨 SCAM ALERT 🚨 Please be aware we are not airdropping a "Genius Yield Reward token." This is NOT us. DO NOT follow the link- it will ask you to sign to get a reward and will drain your wallet. Please help us spread the word #CardanoCommunity
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🤖 🎶 BREAKING NEWSsssssssssssssssssssssss!! The MMB Party is Ssssssssssstarting! 🎶 🤖 We are thrilled to announce the deployment of a brand new Market Maker Bot on Genius Yield’s DEX! Our 1st red carpet presentation is for 🥁🥁 🐍 $SNEK  @snekcoinada TRADE 👇 app.geniusyield.co/swap?from… More MMBs will be added throughout the week #Cardano $ADA fam! Stay tuned! 👀 These bots will contribute by placing buy and sell orders into the order book, ensuring robust liquidity and profits for the operators. 🤓 Curious to learn more? We've crafted a brief video explaining what MMBs are all about! Watch it here 👇 piped.video/watch?v=OM_YoCY-… 🤓 Interested in setting one up? Find all the information on our new landing page for Market Maker bots! 🚀 geniusyield.co/marketmakerbo… 🥰 We want to thank the dedicated and enthusiastic community who have contributed to decentralization by running an SOR or a MMB! Over 580 users have downloaded the SOR packages on Github! And to date 65 MMB packages! Thank you to all those participating in this great Cardano experiment. This is just the beginning. 🚀
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🥳 USDM/CNT PAIRS SUPPORT IS LIVE! 🥳 We are thrilled to announce that Non-ADA pairs are now tradeable on our DEX! 🤩 And…Surprise!! We went further...👀 Not only USDM is supported: You can now trade stable/stable and stable/CNT pairs on Genius Yield: 🧵👇 @USDMOfficial
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🥳 Genius Yield’s Fees Sharing Program 🥳 We are thrilled because the mainnet launch is just around the corner! 🤩 Get excited with us as we delve into one of the features of our #DeFi platform and $GENS utility: the anticipated Fee Sharing Program. 💰 🔀 The Fee Sharing Program collects 20% of the fees and sets them aside for distribution among $GENS stakers. 👀 These rewards will be in $ADA and other tokens! And that’s on top of the regular $GENS #staking #rewards. Simply create a $GENS vault on our staking dAPP to start earning passive income, which will be added to the regular staking rewards. Existing vaults are included in the program! 📚 Dive into this article for a sneak peek of the dashboard and learn more details: geniusyield.medium.com/geniu…
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Something is coming—find out on Monday #Cardano $ADA family 😎
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Twitter: Hi #Cardano family! We're pleased to announce our Genius Academy Campus! We plan to have amazing guest lecturers like @IOHK_Charles and @LarsBrunjes.Retweet, share the news! Let us know what kind of classes you'd like to see below! #geniusyield #geniusacademy #April1st
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Hello, Genius Community! 👋❤ 🤩 We are thrilled to announce that we launched our internal testnet earlier this week! This includes limit orders (including partial fills), "good-till-time" functionality, and direct fill functionality from the order book. #BuildingOnCardano 🧵
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🔥Market Maker Bots Are Now Open-Sourced 🔥 We've had a lot of questions lately about liquidity providing and our plans to increase it. To address this liquidity challenge, we have developed market maker bots (MMBs) that will work in tandem with our Smart Order Routers: MMBs will continuously place buy and sell orders at different price points, creating a more liquid and efficient trading environment. These MMBs are now open-sourced, so this tool will be in the hands of the community. 🚀 Market maker bots are for Liquidity Providers (LPs) that are tired of losing out because of Impermanent Loss on DEXs that utilize AMM pools. 📊 Market making strategies are what is commonly used in traditional finance to maintain liquidity on a CEX and allow LPs to earn yield on their liquidity. 🧠 Market making is significantly more capital efficient since your liquidity is concentrated at the market price, instead of spread across the entire price range like an AMM. As a liquidity provider you also no longer have to be exposed to both sides of a token pair. For example, in an AMM pool you must supply 50% of token A and B and the smart contract of the pool is forced to sell the appreciating token for the depreciating one to keep the 50-50 worth relation between both tokens. That's why one experiences Impermanent Loss. The current AMM rewards models for LP are not sustainable, and farming rewards often fail to compensate for the losses. Market making Genius on Genius Yield’s DEX is much more flexible and allows LPs to have full control of their risk and reward potential. 1) Provide one-sided liquidity: configure your bot to only sell or buy token A, you don't need to get exposed to the other token if you don't want to. 2) Maintain a BUY/SELL spread: Set your BUY orders always lower than your SELL orders and grow your liquidity via arbitrage (not possible on DEXs that use AMM Pools!) 3) Custom MM strategies: Create your own strategy such as DCA, and trigger trades based on financial indicators. Active LPs will be able to outsmart the market and generate gains while feeding the order book with liquidity to regular users. 4) The ADA within limit orders remains available for both voting and staking with an SPO. This means it continues to earn ADA rewards if the wallet managed by the bot is delegated. Access the DEX Contract API here:github.com/geniusyield/dex-c… ! Find the MMB repo here:github.com/geniusyield/marke…! Read more in our Medium article:bit.ly/41AR2Oa! 🎤 Stay tuned for updates! Join our Discord to discuss MMBS with other builders #Cardano $ADA community 🎤
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Replying to @IOHK_Charles
We make full use of #Cardano. We don't use the Constant Product formula found in Uniswap V3 to compute price, instead we're more like a pure order book design. This means no Impermanent Loss. We get concentrated liquidity via a different liquidity model. piped.video/watch?v=_RBYnSCQ…
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Announcing our Genius Bot Mascot contest! We're looking for mascot submissions from #Cardano artists for our new Genius Bot! The winner gets 5000 GENS! To qualify: Follow us, retweet, reply to this with your art, tag 3 others and use the #geniusyield tag. More details below! 👇
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🫡 We are proud to announce our smart contracts are publicly available! 🥳 Our protocol have been crafted from the ground up to fully benefit from #Cardano ’s UTXO model. As we previously promised and in line with our commitment to transparency, we made the smart contracts public, allowing the community to scrutinize them. The path of open sourcing code (under Business License 1.1) enhance security, drive innovation, empower the developer ecosystem and increase adoption of Cardano by attracting outsider contributors. 💪 Now on Github, you can find them: 1⃣ Partial order SC: Validator governing conditions under which a given limit orders can be filled (partially or fully) or canceled. 2⃣ NFT SC: Simple minting policy which guarantees that every token minted under this statically known minting policy identifier is an NFT, independent of its token name. 3⃣ Special NFT for Partially Fillable Orders SC: Similar to the NFT smart contract above, but also guarantees that any UTxO containing a token under this minting policy identifier represents a valid DEX order. 4⃣ Fee configuration SC: Governs fees charged to maker & taker when creating, filling an order respectively. 🔎 Discover them here: bit.ly/Genius-Yield-SC We are so proud $ADA fam! 🥰 Together we are building #TheCardanoWay: emphasizing transparency, collaboration, and community-driven development. ❤ 🤝
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🥁 GENIUS YIELD UPDATED ROADMAP 🥁 🥳 We are thrilled to share with you our updated roadmap for the current year and beyond!! These are the most important milestones, in five phases we have planned. Phase 1 is already underway as well as the onboarding of more SORs and MMBs! Get ready for a non-stop journey ahead as we keep moving, making our platform grow, and setting quality and decentralization standards. Keep in mind that some items may be completed in parallel, meaning that certain tasks in Phase 2 could be finished before all items in Phase 1 are completed. Phase 1️⃣: * DEX Fee Redistribution Dashboard & claiming * Accelerated Yield Event * Market orders Multi-Fills * Second Audit by @AnastasiaLabs Phase 2️⃣: * DEX UI and UX improvements * Bug Bounty Program Launch * Marker Maker Bots framework * Updated Staking Options * DAO integration Phase 3️⃣ : * Smart Swaps * DEX smart contract open-sourcing Phase 4️⃣: * AI-Powered Smart Liquidity Vaults (SLVs) testnet * AI-Powered Smart Liquidity Vaults (SLVs) mainnet Phase 5️⃣ : * Leaderboard and custom Smart Liquidity Vaults strategy sharing. 📚 You can find details of each Phase on this Medium article found here: geniusyield.medium.com/geniu… Thank you to all the community and the ecosystem that is part of our exciting journey as we build a Community DEX. The future is bright for #Cardano $ADA family ✨ 💪
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🔥 $USDM is now available on Genius Yield! 🔥 We’re pleased to welcome the 1st fiat-backed #stablecoin on #Cardano! 🥳 🎁 Trade and earn! To celebrate the launch of the @MehenOfficial $USDM stablecoin and its listing on our DEX, we set up a special incentive for the USDM/ADA trading pair on the Accelerated Yield Event! We’re adding a x3 weighting factor to all created and filled USDM/ADA limit orders until Sunday, April 7th. Remember! ☝🤓 Limit orders get more rewards! But of course, maybe you want to try our fast market orders, too 😏 Trade it here 👇 bit.ly/trade-usdm $ADA #Orderbook #DEX
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The biggest crypto event in the US starts today! #Consensus2024 by @CoinDesk Over 15,000 attendees are expected, making it a buzzing hub of developers, investors, founders, social media professionals, policymakers, and more. We're excited to be co-sponsoring the #Cardano @IntersectMBO presence and introducing you to our ecosystem! 🤩 🤠 Attending? Check out booth 818! You're invited to stop by and try out our order-book DEX. Almost 50 Cardano native tokens are available, with fast, predictable trades and no slippage.
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Hello Genius and community! We wanted to give you a peek at a demo showcasing partial fills! Only on #Cardano
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📢 Genius Yield Accelerated Yield Event! 📢 #Cardano $ADA 🥳 We’re excited to announce the launch of our limited-time yield farm program, "Accelerated Yield." For a limited time, users will be able to earn boosted yield farming rewards by using the Genius Yield #DEX . TL;DR:👇 📅 From January 15th to February 15th, we will be rewarding traders based on how much they utilize our DEX. ☝ Remember, for orders placed on our DEX, your ADA stays delegated to your stake pool, and you retain your voting rights in Catalyst. The program has Two Tiers: 🏆Tier 1: 50,000 $GENS per week split among all traders on our DEX proportional to filled $ADA volume. 🏆Tier 2: For power users 💪 . If you traded at least 12,000 ADA in filled trades in each promotional weekly period, you will receive an additional 20% of DEX fees. Note that if you are staking $GENS, you are already eligible to receive 20% of DEX fees, meaning these users will be getting 40% of the DEX fees! 🚀 🤔 Who is Eligible? Tier 1: Anyone who placed an order on the Genius Yield’s DEX that was partially or completely filled during the promotional period. Tier 2: Anyone who traded at least 12,000 ADA in filled trades in each promotional week and had at least 100 $GENS locked in the Genius Yield Staking Program by the end of each promotional week. Find the App here: app.geniusyield.co/ 🤔 How will I collect my rewards? You will be able to claim the rewards at the Genius Yield app with the wallet address that conducted the trades. Rewards will be available for claiming every week, starting at the end of January/beginning of February 2024. The exact date will be announced soon! 🤔 When will Accelerated Yield rewards start? The program starts on January 15th, 2024, 12:00 UTC, and will end on February 12th, 2024, 11:59 UTC. During this period, rewards will be accrued to all eligible traders. Happy trading !! For more info, check out our Medium blog!
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🤓 Tech Update! Hey #Cardano Community! 👋 We've been very busy since the launch of our revolutionary #DEX and want to pause to pull back the curtains and show you what we've been working on behind the scenes! We've been working on: 📈Trading Bot Infrastructure and Quantitative Analysis 🧑🏻‍💻 Frontend Clients, User Experience, and Website additions 🔄 Backend Systems, Databases and On-Chain Data Indexing 🧰 Blockchain Engineering and Smart Contracts 🕵🏻‍♀️ IT Security, Auditing, and Code Analysis For a full update, please visit our Gitbook docs! 📚 👉 docs.geniusyield.co/informat… $ADA $GENS
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👀 We’re getting ready. SOR and MMB are being set and tested for a secure release. $USDM @MehenOfficial $ADA
I have seen $USDM on Genius Yield DEX. #Cardano $ADA
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Please welcome @IagonOfficial as the first project to become an official Market Maker Bot (MMB) and Smart Order Router (SOR) Operator on Genius Yield’s DEX! 🤖 We’re happy to announce that Iagon’s MMB and SOR are now live on our DEX! The bots will create liquidity, thereby improving the overall trading experience on the $IAG / $ADA pair, and taking care of matching buy and sell orders. Important: Smart Order Router is not a centralized batcher! Both our MMBs and SORs are fully open-sourced and open to the public. Why did Iagon decide to deploy its own MMB and SOR? “Iagon is delighted to join forces with Genius Yield, united by our commitment to decentralization and a shared economy ethos, the pillars of #Cardano. Launching our Market Maker Bot and Smart Order Router on Genius Yield’s DEX, we aim to improve the $IAG/$ADA trading experience. This initiative is more than just an enhancement; it's a call to action for fellow creators to innovate and build.” Dr Navjit Dhaliwal, CEO at Iagon Ready to Trade? 😎 app.geniusyield.co/swap?from… Are you considering becoming a Market Maker Bot Operator too? We've got you covered! 🤜💥🤛 ✅ Market Maker Bots are open-sourced! Anyone can create their own Market Maker Bot! While official partners like Iagon have launched their bots on Genius Yield’s DEX, the MMBs repository is publicly available. Lacking technical knowledge? No problem! Our team is ready and available to assist you! Join our Discord: discord.gg/TNHf4fs626 and head to “mmb-operators” channel. ✅ Market Maker Bots can be a source of passive rewards for its creators! • Maintain a buy/sell spread: Set your “buy” orders consistently lower than your “sell” orders and grow your liquidity through arbitrage • One-sided liquidity: No need to provide liquidity on both tokens in the pair • Custom market-making strategies: Create your own strategy such as Dollar Cost Averaging, and initiate trades based on financial indicators. More advanced trading strategies coming soon! ✅ The ADA within limit orders remains available for both Project Catalyst voting and staking with an SPO of your choice. 📊 Trade $IAG and win $GENS! Check our Accelerated Yield program here: nitter.app/GeniusyieldO/status/17… 🤓 Learn more: Market Maker Bots: geniusyield.co/marketmakerbo… Smart Order Routers: geniusyield.co/smartorderrou… #thecardanoway
🔔 Genius Yield’s Accelerated Yield Program Update! 🔔 🎉 Extension: 2 more weeks! 🎉 The program has been extended for 2 extra weeks. The competition will end on February 26th, 12pm UTC, instead of February 12th. 💰 Updated split of the GENS rewards pool: * From the start of the event, January 15th, 12:00 pm UTC, until January 29th, 2024, 11:59 am UTC (first 2 weeks), when calculating rewards, each fill of an order will be split 50 : 50 between order makers and takers. * From January 29th, 12:00 pm UTC, till the end of the Program (February 26th) to incentivize liquidity providers (aka “order makers”), when calculating rewards, each fill of an order will be split 75 : 25 between order maker and taker. Note: ✔️ Order Maker: a trader who creates a limit order. ✔️ Order Taker: A trader who fills an existing limit order, either by a direct fill or by using the market order feature. 💪 Power to the (Small) Traders! In addition, starting on January 29th, we are introducing a power function that reduces the impact of large trade volumes and amplifies the impact of smaller trade volumes. Before determining each trader’s reward, the volume ratio will be raised to the 0.7-th power. This incentivizes smaller trades and gives whales less of an advantage. So, 🧠 Time to refine your strategy and get ready to keep #trading like a pro for the remaining weeks of the program. Show us what you’ve got #Cardano traders $ADA ! 😎 For more details please read the updated version of our Medium article 👇 cutt.ly/MwZWNivN
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We are happy to report we have over 3,500,000 $GENS token currently staking! That is over 30% of the circulating supply. Additionally, we have over 1,400,000 vested $GENS being staked by delegators using their ISPO NFT! 👏👏 Thank you for your trust and support. ❤️ #CardanoADA
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Yep! We're still on track for a launch in Q2 of this year. We're excited to give the #Cardano community abilities to maximize yield without risk of impermanent loss. We also will allow users to earn their regular $ADA staking rewards while providing liquidity on our LP pools too.
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Hello Genius Community! 👋❤ 🔥 We are still on track to launch the Alpha Stage of the #testnet at the end of September or in the first week of October! The exact date will be announced soon. 🥳 Registration for the Alpha Testnet is now open on our Discord for #OGs! 🥳 Not a member of our Discord? Join here: discord.gg/TNHf4fs626 🤔 Wondering what an OG is? OGs are community members who own an ISPO NFT and have verified their wallets on Discord. There's a channel named #Wallet-verification that will guide you through the process. Please note that there will be a limited number of testers selected for the second phase. We will add more testers as needed. If you're staking an ISPO #NFT and do not have the OG role, contact @Low_Tech_Viking on Discord, and he will assist you. We are so excited to share with you what we’ve been #BuildingonCardano! 🤩
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Trading Bot API - Public Beta Testing!! 🔥 TypeScript, Java, C#, Python, Rust, and more - implement trading strategies in any programming language 🔥 We’re thrilled to announce the launch of the Trading Bot API public beta testing! What is the #trading Bot API? 🤔 #Cardano $ADA 🧵👇
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Replying to @IOHK_Charles
#Cardano always builds, bull or bear market. 3rd biggest community in crypto and growing! 💪
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🥁 Fees Sharing and Yield Accelerator Event Dashboard Is Live!! 🥁 We’ve been very busy building and are excited to announce fee sharing is now live! You can also collect rewards from our Yield Accelerator Event! 🥳 🥳 Did you know $GENS stakers are eligible to collect 20% of the fees collected? This not only includes $ADA but all tokens that are traded on the #DEX! #Stake and earn! 🧐 How to collect rewards from Fee Sharing Program or the Yield Accelerator Event: 1. Navigate to app.geniusyield.co/earn 2. Connect the wallet that is currently staking $GENS 3. Rewards will be displayed in the upper right corner 4. Click “Claim” and sign the transaction It's that easy! 😎 🔥 No platform fees for claiming rewards! Only transaction fees. Haven’t staked your $GENS yet? No problem! 😊 Create a $GENS staking vault and be eligible for revenue sharing! Want to know how to stake? We’ve created a guide for you! Find it here: docs.geniusyield.co/staking-… 📝 Rewards are updated weekly! Current rewards reflect shared fees from our launch until January 22nd. Thank you for your support and patience! We have many exciting things in store for you! 🔥 #Cardano #Trading
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🥳 Market Maker Bot for $iUSD is now live! 🥳 We're excited to announce we've added the first fully collateralized stablecoin on #Cardano, released in November 2022 as part of @Indigo_protocol : iUSD! iUSD maintains parity with asset-backed stablecoins (USDC, USDT, TUSD) via its triple peg redundancy. Market making on Genius Yield’s #DEX is much more flexible and allows LPs to have full control of their risk and reward potential: 1️⃣ Provide one-sided liquidity: configure your bot to only sell or buy token A, you don't need to get exposed to the other token if you don't want to.  2️⃣ Maintain a BUY/SELL spread: Set your BUY orders always lower than your SELL orders and grow your liquidity via arbitrage (not possible on AMM DEXs!)  3️⃣ Custom MM strategies: Create your own strategy such as DCA, and trigger trades based on financial indicators. Active LPs will be able to outsmart the market and generate gains while feeding the order book with liquidity to regular users.  Start trading $iUDS $ADA now! 👉 cutt.ly/vwZmhWFo
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All our Catalyst proposals are approved and 3 got funded!! 🥳🥳 🥰 We truly appreciate all the support we've received. Thank you #Cardano community and @Catalyst_onX 🫂 Super excited to get started the onboarding!!
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Hey #Cardano $ADA family! We have some great news! We're very excited to announce the first of two airdrops for ISPO participants and ISPO #NFT staking! You’ll be able to stake your remaining vested $GENS tokens from the ISPO with an ISPO NFT on January 2nd using your ISPO NFTs!
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📢 Breaking News: New partnership! 📢 Genius Yield 🤝 @FluidTokens We’re beyond excited to share our new partnership aimed at: 🔥 Enhance the user experience on order-book DEXs 🔥 Boosting liquidity while keeping those staking rewards intact 🧵👇
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NFT Dashboard is live 🎉 Go to app.geniusyield.co/earn and enter the asset ID of the Genius NFT to check the time utility remaining! To celebrate the launch of the dashboard we are giving away 3 Genius NFTs! ✅ Follow us and @OfficialGeniusx ✅ Like and RT ✅ Leave a comment
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📈 Trading $USDM on our order book is heating up! 📈 🔥 Almost 100k in ADA volume average, over the last 3 days!! Place your limit orders at the exact $ADA price you want to sell and buy, and profit from the spread. Let the SORs handle the matching process without any batcher fees! 💅 🚨 Trade and earn extra rewards! USDM/ADA filled limit orders receive x3 APY boost paid out in $GENS and distributed as a part of the Accelerated Yield Event until Sunday, April 7th. 🔁 👉 bit.ly/trade-usdm @MehenOfficial #Cardano #stablecoin
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📢 Genius Community! We’re excited to announce our participation in #ProjectCatalyst #F10! In our efforts to make development on #Cardano easier and strengthen the ecosystem, we have submitted three proposals. Please take a look! 👀 🧵 👇
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🔥 Multi-fills are now live on the public testnet! We've been busy innovating the #DEX space by developing our multifill function for market orders and need your help with testing! What is a Multifill Market Order? 🔀 We have updated our market order functionality so that we are able to find and fill multiple orders simultaneously as apposed to filling only the best available order. A combination of orders are found which represent the best outcome for the provided input value- all in one transaction. The number of orders possible to fill is limited to three due to script and transaction constraints. Additionally We have added a caching layer to mitigate contention on utxos. The cache will help ensure that the orderbook does not represent orders which are in the process of being filled but have not yet been confirmed as such and similarly will exclude pending orders from market order consideration. Our testnet is open to everyone! Try it out here by connecting your pre-prod wallet: 👉 testnet.geniusyield.co/ 🔎 We’ll be happy to receive your feedback and reports on our Discord. Join here: discord.gg/TNHf4fs626 Need tADA? Go to the faucet and make sure to select Preprod: docs.cardano.org/cardano-tes… We hope to see you there! Happy testing! 😊 $ADA #Cardano $GENS
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🔥 ISPO extended announcement 🔥 At Genius Yield we greatly value our community, and we are listening. We will therefore add 5 million GENS to the ISPO using the previous conversion rate of 0.0025 GENS/ADA/EPOCH More details : geniusyield.medium.com/annou…
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Hey @IOHK_Charles, it was great to get together and meet up with you at the Lisbon #WebSummit. Our cofounders were present at the @WebSummitLISBON and had a chance to connect. It was a great event. We're excited to be here building on #Cardano! 💪
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🫂 $DJED just joined our MMB party!! 🤖 We are happy to announce a $DJED Market Market Bot is now live on our #DEX. DJED is #Cardano ’s native overcollateralized algorithmic stablecoin, powered by @COTInetwork . It’s designed to maintain stability and is pegged to the US dollar. 📊 Trade on the DEX and earn $GENS & tokens rewards! The Accelerated Yield Event is running! 🥳 50,000 $GENS + a % of all tokens traded are distributed as rewards each week: 🏅Tier 1: We distribute 50K $GENS per week among people trading on our DEX. Staking GENS is not a prerequisite for this. 75% of the rewards are reserved for market makers (limit orders) and 25% for market takers (market orders and direct fills) Details can be found in this article 👉 cutt.ly/kwXbMyDv 🏅 Tier 2: If you stake at least 100 $GENS and trade over 12K ADA within the week, you qualify for Tier 2. We distribute an additional 20% of DEX fees among Tier 2 traders (rewarded in all traded tokens on the DEX). TRADE HERE 👇 $DJED $ADA app.geniusyield.co/swap?from… On Mondays, after 12PM UTC, you’ll see your earned rewards on “My DEX rewards”, in the “Earn” section of the App.
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Hey #Cardano fam! 👋 🤖 Yesterday we shared hot news about the first community-built bots on Genius Yield's DEX, today we'd like to introduce them more extensively. Let's give a warm welcome to @FluidTokens $FLDT Market Maker Bot (MMB) and Smart Order Router (SOR), crafted by @CryptoJoe101 ! These bots are a fantastic addition to our platform. The MMB will create liquidity and improve the overall trading experience on the $FLDT/$ADA pair, while the Smart Order Router will guarantee frictionless matching of buy and sell orders. Important: Smart Order Router is not a centralized batcher! Both our MMBs and SORs are fully open-sourced and open to the public. “I’m excited to hear that the first, community-built $FLDT Market Maker Bot and Smart Order Router were launched on the Genius Yield’s DEX, as this will benefit all $FLDT/ $ADA traders. I encourage everyone to try the DEX and to check the official documentation to learn how to run their own bots!” Matteo Coppola, Fluid Tokens CEO 👀 Ready to Trade? app.geniusyield.co/swap?from… Are you considering becoming a Market Maker Bot Operator too? We've got you covered! 🤜💥🤛 Join our Discord: discord.gg/TNHf4fs626 and head over to “mmb-operators” channel or simply fill out this form: y0vs1o4twew.typeform.com/to/… ✅ Market Maker Bots can be a source of passive rewards for its creators! ✅ One-sided liquidity: No need to provide liquidity on both tokens in the pair. ✅ Custom market-making strategies: Create your own strategy such as Dollar Cost Averaging, and initiate trades based on financial indicators. ✅ The ADA within limit orders remains available for both Project Catalyst voting and staking with an SPO of your choice. 📊 Trade $FLDT and win $GENS! Check our Accelerated Yield program here 👇 nitter.app/GeniusyieldO/status/17… Learn more: 🤖 Market Maker Bots: geniusyield.co/marketmakerbo… 🤖 Smart Order Routers: geniusyield.co/smartorderrou… #thecardanoway
🔔 Genius Yield’s Accelerated Yield Program Update! 🔔 🎉 Extension: 2 more weeks! 🎉 The program has been extended for 2 extra weeks. The competition will end on February 26th, 12pm UTC, instead of February 12th. 💰 Updated split of the GENS rewards pool: * From the start of the event, January 15th, 12:00 pm UTC, until January 29th, 2024, 11:59 am UTC (first 2 weeks), when calculating rewards, each fill of an order will be split 50 : 50 between order makers and takers. * From January 29th, 12:00 pm UTC, till the end of the Program (February 26th) to incentivize liquidity providers (aka “order makers”), when calculating rewards, each fill of an order will be split 75 : 25 between order maker and taker. Note: ✔️ Order Maker: a trader who creates a limit order. ✔️ Order Taker: A trader who fills an existing limit order, either by a direct fill or by using the market order feature. 💪 Power to the (Small) Traders! In addition, starting on January 29th, we are introducing a power function that reduces the impact of large trade volumes and amplifies the impact of smaller trade volumes. Before determining each trader’s reward, the volume ratio will be raised to the 0.7-th power. This incentivizes smaller trades and gives whales less of an advantage. So, 🧠 Time to refine your strategy and get ready to keep #trading like a pro for the remaining weeks of the program. Show us what you’ve got #Cardano traders $ADA ! 😎 For more details please read the updated version of our Medium article 👇 cutt.ly/MwZWNivN
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🦖 Another day another MMB up and running #Cardano $ADA family 🦖 Excited to announce the hunt has ended! We've activated another MMB and chose $hunt, the token of @DexHunterIO 🎉 🤓 Curious to learn more? We've crafted a brief video explaining what MMBs are all about! Watch it here: piped.video/watch?v=OM_YoCY-… 🤓 Interested in setting one up? Find all the information on our new landing page for Market Maker bots! Discover it here: geniusyield.co/marketmakerbo…🚀 We also have a new step-by-step guide created by our ambassador @0xAggelos. Find it here: link.medium.com/ZJslt6A9HGb🥳
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We're proud to partner up with @ErgoDex, a non-custodial & decentralized exchange that enables quick & secure transfers of liquidity between the Ergo and Cardano networks. We agreed to do a token swap and there will be a GENS/ADA pair available to trade once live! #CardanoADA
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📙 eBook release! 📙 We’re happy to announce, that we have just released our first eBook: “The 2022 Ultimate Guide to Impermanent loss, and how to avoid it.” ebook.geniusyield.co/noimper… #CardanoCommunity #Cardano
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Replying to @IOHK_Charles
The scalability and determinism made possible by a highly parallelizable local state based architecture is what allows an advanced DEX like ours to exist, where we can provide a sophisticated orderbook experience while combining that with AI powered yield optimization.
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🥳 Announcing Our #OpenSource Market Maker Bots for Genius Yield’s DEX 🥳 We are thrilled to announce the release of open-source market maker bots specifically designed for our order-book in order to enhance liquidity and user experience. These bots will play a crucial role in ensuring a high level of liquidity in the order books, which is essential for the smooth execution of trades and overall capital efficiency of the #DEX . 🤖 What is a Market Maker Bot (MMB)? Order-book DEXs rely on a large volume of orders placed at different price ranges to ensure efficient price discovery and execution. However, attracting enough liquidity can be challenging, especially in the early stages of a DEX. To address this liquidity challenge, we have developed market maker bots that will work in tandem with our smart order routers (SORs): MMB will continuously place Buy and Sell orders at different price points, creating a more liquid and efficient #trading environment. Additionally, SORs will effectively match existing orders, further enhancing the overall trading experience. 🤜🤛 Open-Sourcing MMB for #CardanoCommunity Empowerment In line with our commitment to open-source tools for the community, as we did with SORs, we will make our market maker bots freely available to the Cardano Community. This will empower users, partners and projects to take control of liquidity management and contribute to the best trading experience for everyone. We are currently finalizing details and will soon provide more info about their implementation and access to the code on GitHub. We believe that these bots will play a significant role in fostering a vibrant and thriving landscape on our DEX. We also hope this step will inspire the Cardano community and its ecosystem toward more decentralized applications! 👀 Stay tuned for more details!
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💪 Embracing the EUTxO System 💪 When placing orders on our DEX: ✅ ADA stays delegated to your stake pool ✅ Maintain your #ProjectCatalyst voting power We're just built differently, with the community in mind. Take control of your $ADA! #Cardano $ADA #thecardanoway
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🔥Another day and another partnership that will strengthen our ecosystem.🔥 We’re proud to announce that we have signed another Memorandum of Understanding with @MinswapDEX - the first multi-pool decentralized exchange on Cardano. 🚀
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The best thing we can do as an ecosystem is to prove the doubters wrong by being best in class. #Cardano $ADA is what allows protocols like ours and many of the other amazing projects building to even exist. Soon, the broader crypto community will see this as well.
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Hello #Cardano $ADA Family! With our project launching our $GENS token sale on the @OfficialGeniusx platform, we wanted to mark the occasion to say thank you for helping us reach 20,000 followers! The #CardanoCommunity has been essential in helping us grow. 🥳RT and share the ❤️
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Atlas Upgrade Governance Proposals: To Bitcoin and Beyond We put a lot of sweat, blood, and tears into creating the ATLAS Plutus Application Backend, and we want to ensure it keeps up to date. Now we’re proposing critical upgrades to support new chains like Bitcoin, Midgard, Midnight and more to ensure ATLAS evolves with the Cardano ecosystem. These improvements don’t just benefit Genius Yield—they benefit everyone building on Cardano. Thank you in advance for encouraging your DRep to support them. 🙏 🛠 Check out the five proposals in the 🧵👇 Support ecosystem tooling. Build the future. 🌐
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Congratulations on the new milestone! 🎉 Cheers to the team for hitting 1M $USDM minted, boosting liquidity in the #Cardano native stablecoin ecosystem. Keep moving forward!! 💪
👏 🎉 Milestone reached 1M 🥳 1 Million $USDM minted!
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🔥Genius DEX Series - Ep. 4 “No impermanent loss on the Genius DEX”🔥 In this week's video, learn more about the concept of Impermanent Loss and how the Genius DEX eliminates it. piped.video/_RBYnSCQKGE #Cardano #CardanoCommunity
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🌎 Market Maker Bot for $WMT is now live! 🌍 We're excited to announce we have added one of the crown jewels of Cardano, @wmtoken ! Start trading now!!👇 cutt.ly/xwZPeGrq 🤖 Market maker bots are for Liquidity Providers (LPs) that are tired of losing out because of Impermanent Loss on DEXs that utilize AMM pools. 📈 Market making strategies are what is commonly used in trad-fi to maintain liquidity on a CEX. Market making is significantly more capital efficient since your liquidity is concentrated at the market price, instead of spread across the entire price range like an AMM. ☝️ On Genius Yield, #orderbook #Cardano DEX, you no longer have to be exposed to both sides of a token pair. For example, in an AMM pool you must supply 50% of token B & $ADA and the smart contract of the pool is forced to sell the appreciating token for the depreciating one to keep the 50-50 worth relation between both tokens. That's why one experiences IL. The current AMM rewards models for LP are not sustainable, and farming rewards often fail to compensate for the losses. @WorldMobileTeam 🚀🚀
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🤝 Genius Yield joins forces with @wmtoken ! 🤝 We are pleased to announce our collaboration with WMT to make financial education more accessible to everyone across the globe! As part of the collaboration, we will be distributing utility #NFTs! Read👇 link.medium.com/3Q66ZAqnpsb
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Loading [▓▓▓░░░░░░░░░] Thanks to the @FluidTokens team for their incredible work!
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Catalyst voting results are in! Congratulations to those projects that received funds! Together #webuildcardano While none of our proposals passed, are are buoyed by the support we received! Thank you for your support community! ♥️ While our PAB proposal did not pass, we will continue to build it to the best of our ability and open source it for the betterment of the #Cardanocommunity 🤝 Find the results here: projectcatalyst.io/fund10-vo…
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Have you ever dreamt of passively earning tens of #Cardano tokens? Too good to be true? Not with Genius Yield 😎 All $GENS stakers receive 20% of fees collected by the DEX! Earn $ADA, $BOOK, $SNEK, $FREN, $HUNT and 20 more! Learn how to join it in this thread 👇
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Replying to @IOHK_Charles
We appreciate the transparency Charles. Vasil is a huge multifaceted update. We understand that delays are a natural part of the process of releasing secure and vetted releases on a decentralized protocol. #Cardano is held, and holds itself, fairly or otherwise to high standards.
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📢 GENS Staking Program Update 📢 🙏 Thank you, Genius Community! We’re incredibly grateful for our loyal community that has made our locked staking program a booming success. Currently, there are 21.6M $GENS and over 1,000 Genius #NFTs in staking. That’s over 44% of our circulating supply! To ensure the long-term healthiness of our rewards system, we are now transitioning to the next stage. This new stage includes Flex staking and some adjustments to how the staking system works. 🔔 Please note: Genius and Mascot NFT now have a deadline to be staked, also new locked vaults with fixed APY. 🔔 TL;DR 📅 Locked staking - the possibility to create a staking vault with fixed APY on GENS ends April 28th, 2024. 📅 Genius and Mascot NFTs utilities remain unchanged. NFTs staking will be available until December 31st, 2025. 🌀 Flex staking is introduced, starting May 3rd, 2024. 🔃 Fixed APY on GENS is replaced with reward multipliers on DEX fees rewards, starting May 3rd, 2024. 💰 An additional 1.5M GENS is added to the GENS Staking Program, starting May 3rd, 2024. This will be for vaults created on May 3rd or afterwards. 🚧 Between the 29th of April and the 2nd of May, 2024, harvesting, unstaking, and creating new staking vaults will be temporarily halted. This pause is necessary to facilitate the migration between the old and new staking system 🚧 📚 Please find all the details in this Medium article: cutt.ly/9w3jJDAV #Staking #Cardano $ADA
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Charles did a great job! He had to assert himself into the conversation, but made the most of the moments he was able to get. He represented #Cardano, IOG, and the space as a whole really well.
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Hey #Cardano $ADA family! The entire team at Genius Yield wishes you a happy holidays! 🎄We have some exciting stuff planned for 2023! • Genius Yield DEX Public testnet and mainnet • Smart Liquidity Vault testnet and mainnet • Yield Dashboard • Genius Pay We ❤ you guys.
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📣 More News! MetaMask Integration is Here! 📣 Kudos to the @nufiwallet team for building a seamless bridge between @MetaMask and #Cardano! 👏👏👏 You can now use your MetaMask to interact with Genius Yield effortlessly: just a couple of clicks!! 🤠 Bear in mind: 🧵👇
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Hello Genius Community! 🥳 We have recently added a new section to our Gitbook, Tech Updates! In this section, we will provide regular updates, so our community can track the progress of our DEX as it moves through the different stages of development, starting with our testnet! 🎉 📚 Find our new Gitbook section here! docs.geniusyield.co/informat… In a nutshell: 🤓 Haskell Team ✅ SOR Optimization: improved performance & matching for multiple token pairs ✅ DEX integration: tested matched fills, direct fills, time limit orders and failed events ✅ DEX contract: used ref script and move Order NFT to Ref input ✅ General updates: upgrade Cardano node, PSM & GHC update, improved privnet testing 🧑‍💻 Web Team ✅ DEX integration: frontend integrations of partial limit order and time limit orders ✅ DEX fees: frontend fees calculation and support of USD token value conversion ✅ General improvements: order event handling refactored, partial fill logic update, extend projections. And that's not all! 🔥 We are on track to have the OG testnet start in late September, or the first week of October! Early next week we'll open registration for OG members! 👀 Are you an OG? OGs are community members who own an ISPO NFT and have verified their wallets on Discord. Please note that there will be a limited number of testers selected for this phase. We will add more testers as needed. If you're staking an ISPO NFT and do not have the OG role, contact Low Tech Viking, and he will assist you. Thank you again for joining us on this exciting journey! 🫂 ❤️
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Hello Genius Family 👋🏼 We have recently published a Medium blog that details our updated roadmap and the target date for our testnet and mainnet launch. Check it out here 👇🏻 bit.ly/3IGnE0w
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This is exciting news! The vasil hardfork will be a major step towards making #Cardano the most performant, secure, and scalable layer 1 protocol all while in the pursuit of further decentralization. As we move onto more advanced governance #Cardano will become the gold standard.
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🔥The Genius Yield Staking dApp is live on mainnet!🔥 We are really proud to announce that the first product of the Genius Yield platform, our Staking dApp, is now live and can be reached by heading over to: app.geniusyield.co/earn 🧵👇
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🧑🏻‍💻 Genius Yield Tech Update! Hello, Genius Yield community! We’ve got an exciting tech update for you! The SLV (2-way Swap) is currently in testing, and we’re on track for a late April launch. 🥳 But that’s not all—if you take a close look at the notes, you’ll spot a teaser: an embeddable DEX client. Projects will be able to integrate our DEX into their website with just a few lines of code. This is the next big thing on deck after SLV, and we can’t wait to share more soon. Here’s what’s new: ✅ Frontend implemented for the embeddable DEX client ✅ SOR & Market Maker Bots updated with the latest Atlas ✅ RWA platform: Investor & Issuer onboarding UI Big things are happening—stay tuned! 📚Check out the docs below
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Technical Update September 9th-28th We have encountered multiple bugs that needed fixing, which, at times, prevented testing. For these reasons, we have decided to postpone the semi-public testnet for an additional week. This will give us the much-needed time to stabilize the environment, go through test cases more thoroughly, and ensure a better and more impactful semi-public test experience for our community testers. Web: ✅Multiple UI Improvements ✅Implemented market order functionality ✅Implemented best available order selection ✅Improved DEX performance and speed ✅Addressed several bugs Haskell: ✅Improved SOR functionality ✅Prepared for SORs to be open sourced ✅Addressed Edge cases We wanted to thank everyone for your patience and for your applications to for the Alpha testnet! We deeply appreciate your willingness to help us deliver our product. See you all on October 9th! 💪
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Some things are worth waiting on. We're excited to join the Dexhunter family and show the Cardano community what we got!
Genius Yield is now integrated to DexHunter🫡
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🤖 WORKSHOP!! Learn how to create and operate your own Market Maker Bot on the Genius Yield's DEX! Join us in this upcoming Zoom workshop featuring Dr. @LarsBrunjes , @SourabhLight and Attila! They’ll guide you through the setup process and provide insights into our MMB technology. We’re changing the game #CardanoCommunity 💥During the workshop, a #livecoding segment will demonstrate how to get an MMB operational from the open-source repository. 💥The team will provide a practical demonstration of how to insert a basic, new #trading strategy into an MMB, illustrating the process and potential for customization such as adapting sophisticated trading algorithms. ⏰When: Tuesday, January 9th, 2pm UTC! 📍Where: On Zoom, register now! 👉 bit.ly/mmb-workshop👈
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🤓 Genius Yield Tech Update Hello Genius Community! We've got a big tech update! TLDR 📈 Finalized the first beta version of the Trading Bot API 🧑🏻‍💻 Several Changes to the DEX Frontend Client 🔄 Bug fixes and circulating supply endpoints 🕵🏻‍♀️ Updated Core with the latest Atlas release These changes were just pushed to mainnet! Thanks for your suggestions. ✅ All Prices in $ADA ✅ Price Warning message for limit and market orders if it's 30% higher than current market price ✅ Updated Market Price Shortcuts for limit orders ✅ The "below market price" feature has been updated to accommodate this change by now displaying "below" when selling ADA and "above" when buying ADA For a full update, please visit our Gitbook docs! 📚 #Cardano #trading docs.geniusyield.co/informat…
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🔔 This Thursday! Genius Yield AMA Session on X with Lars and Marvin🔔 🙋‍♂️ Join this X session with the brilliant minds that are shaping our #DeFi protocol to celebrate the upcoming launch of the Genius Yield's DEX! 🎙 Engage with our wonderful speakers: CTO Dr @LarsBrunjes and CSO @MarvinDefi . Let’s explore Genius Yield’s #DEX, its current features, and what lies ahead. Join the conversation! Hosting: @HEROsPool nitter.app/i/spaces/1mrGmyO…
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Soon 👀 If you use DexHunter to swap on our DEX, keep in mind we currently have an Accelerated Yield Event. Swap made through @DexHunterIO will count! You can check rewards by connected your wallet to our dApp.
DexHunter Order Book Dex Support Loading... 🟩🟩🟩🟩🟩🟩🟩🟩⬛⬛
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Replying to @IOHK_Charles
The eutxo model is arguably one of the most scalable, efficient, and parallelizable in the crypto industry. You get increasingly larger multiples of payments within a single "transaction" as things scale. This is clear evidence that #Cardano will be ready to handle more users. 🚀
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🥁🥁 New Market Order Novel Feature! 🥁🥁 We are happy to announce multi-fills are live on mainnet! 🤩 🔀“Multi-fills” -where off-chain smarts meet on-chain efficiency, optimizing your market order trades behind the scenes. Until now, your market order could be entirely or partially filled by only one liquidity provider (or limit order) from the order-book. Our innovative multi-fill algorithm now enables your market orders to be filled by not one, but up to three different limit orders within the best available prices, all in only ONE transaction! 💥 For multi-fills, especially when placing large order sizes, Genius Yield's order-book DEX will allow for better price efficiency when trading compared to AMM DEXs. Genius Yield's DEX has the advantage of not suffering from the slippage and impermanent loss you'll see on AMM DEXs. Benefits? ⚡ Makes filling bigger orders directly on the fly possible in only one transaction! ⚡ Drastically reduces hiccups or errors related to liquidity. By optimizing market order trades, we minimize disruptions and errors commonly associated with limited liquidity. ⚡ By streamlining the execution of market orders and reducing friction in the trading process, users can enjoy a smoother, more intuitive, and ultimately more satisfying UX. ⚡ Increased chances for market markers (limit orders) to get their orders filled quickly. By optimizing the market order process, we create more favorable conditions for market makers. What about contention? 🥊🥋 Due to UTXO contention, we’ve created a caching layer to mitigate it: If everyone is always fighting over the lowest 3 limit orders, the user would see a degraded experience and errors. There must be some sort of inherited randomness or caching system to avoid these issues. 🚀 Give it a shot! Go to our app, open the order book, select “Market” and let the magic happen 😉 👉 app.geniusyield.co/ #utxowizards #Cardano $ADA
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😍 Our Alternative Order Feature is Live! You'll receive suggested alternative orders that provide you more tokens for a lower price. 👀 Here's how it works: when you place a market order our app is able to consume up to 3 existing orders with the best available prices to fulfill the offered token amount (referred to as the ‘From’ amount). With this feature, our app scans for better prices even if they don’t consume the full “From” amount and you'll get suggested alternative orders that give you more tokens for a lower price, if available. 🤖 It's like having a smart #trading assistant built right in! In the image, you can see an example. When such an alternative order is available, the option is displayed. By clicking "Show me" the “From” amount will change and you will get more tokens for a lower price. ⬆️ Maximize your token sales or purchases! Try it on your next trade: app.geniusyield.co/ $ADA #Cardano
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GM! 🤠 We’re thrilled to announce that Genius Yield is now officially listed in the Cardano open-source index as 'fully open-sourced'! 🤩 @MicahAlexKenda1 Link below 👇
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Replying to @coinbureau
We've just recently launched #Cardano's first fully open source and decentralized orderbook DEX. Run by and for the community with *no slippage* and you earn 20% of all DEX fees generated by the DEX by staking $GENS tokens. Only possible in the $ADA ecosystem. 🚀🔥
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Replying to @IOHK_Charles
With multiple DEX's live, and more coming like ours, we will continue to show the broader crypto community what we are made of. #Cardano's architecture is what allows a DEX like Genius Yield to even exist with AI powered yield optimization built right in. piped.video/watch?v=1Np2NzlT…
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📣 Partnership Announcement📣 We're proud to announce that we are partnering up with @COTInetwork - provider of the #Djed - #Cardano's first algorythmic stablecoin ! Read more about it in our last Medium article ! geniusyield.medium.com/geniu… Please give it a clap 👏
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🧠 We are proud to announce that we'll release our DEX whitepaper in 2 days ! 🧠 We are very ambitious about our products and we want our Community to be well informed about them. Stay tuned to our Announcement Channel for the official release ! t.me/GeniusYieldAnnounce
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🥳 AYE!!! Accelerated Yield Program V2!! We’re happy to announce a new version of our Accelerated Yield Program #AYE to reward liquidity providers and traders! 🐣 Since the program’s inception, we aim to provide an exceptional trading experience on our #DEX by rewarding the most active users... 🧐🩴 However, it appeared some were gaming the system which necessitated an update to the AYE rules. Going forward, we make rewards dependent on price and not only on volume. We want the event to bring useful liquidity at a price that makes trading more pleasant, fast, cheap and convenient for everybody, i.e. at prices close to the market price. So to determine the number of rewards, we look at: ✅ the trade’s volume ✅ type of order (limit order creators earn more!) ✅ apply an “anti-whale exponent”🐳 ✅ apply the new price weighting factor. Examples: 🎯For a trade executed at the market price, no changes. 🔔For a trade 1% above or below the market price, the score will be slightly (0.5%) lower than before. ⚠️ A trade 10% above or below the market price has a weight of 60.7%, so scores for fills at that price will be diminished by ~40%. ⛔️ Trades 30% above or below the market price have a weight of 1.1%, so the score will be reduced by almost 99%. 🔔 The update starts to be effective today - Monday, 11th of March, 2024. 😊 We hope that this amendment will be warmly welcomed by our #Cardano community and improve the #trading experience on our DEX. Looking forward to hearing your feedback $ADA fam! Full details on 👇🧵
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Congratulations to the #Cardano community and the team at IOG. Despite some minor hiccups and concerns. We came together and made Vasil happen while maintaining our principles and sticking to rigor and decentralization. The future looks bright for $ADA! 🚀
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🔥 Over 75 million ADA already delegated in our four Genius Yield stake pools 🔥 What an incredible start to our ISPO. It wouldn’t be possible without our amazing community. Thank you so much for your trust. Let’s go 🚀 #GeniusYield #DeFi #Cardano
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Hey! Happy Monday Genius community! 👋🌈 It’s our favorite time of the week: Rewards day! 🥳 With the Special $USDM yield farming event, AYE records were shattered and we want to thank you! ❤ 🔥880,000 $ADA volume traded for $USDM, Nº1 across all DEXs 🔥+440 trades No doubt, Fee Sharing Program and AYE are the perfect combination for boosting trading rewards 😎 ☑ Over 20 different tokens are distributed among all $GENS stakers each week, as part of our Fee-sharing program, ☑ Plus an extra 20% of DEX fees through our farming program, the Accelerated Yield Event among stakers who trade +12k ADA volume. ☑ Plus 50k $GENS among ALL TRADERS with filled orders (75:25 market makers/market takers) A new week of the Accelerated Yield Event has started! Want to get in on the action? Visit: 🔗 app.geniusyield.co/ 👈 Happy trading and happy rewards claiming #Cardano fam! 😊 @MehenOfficial
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This is how you start the weekend 😎 @DexHunterIO keep up the good work! 🙌
We have successfully integrated @GeniusyieldO into our test environment and will soon enable it for beta testers for order creation👀🔥
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