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Nekodex by Perpetual Protocol 🥨Stealth Addresses Explained (And How To Use Them)
A simple explainer of stealth addresses, the plans for making them standardized for Ethereum and a walkthrough of how to use stealth addresses on Optimism today! When looking at the overall DeFi market, privacy-preserving protocols only make up a very small part of it by total value locked. According to statistics provided by DeFiLlama, just 0.52% of the entire TVL is attributed to privacy applications, with Aztec and Tornado Cash taking the lion’s share. Cryptocurrencies hold a lot of potent...
Nekodex by Perpetual Protocol 🥨The Arrival of Real Yield: Lazy River 2.0
The most anticipated feature on Perp is finally here: USDC fee sharing! As a big upgrade to our staking program on Optimism, Lazy River 2.0 will begin distributing a stablecoin yield to vePERP holders from the protocol’s revenue.To start earning yield, you’ll first need to hold some PERP on Optimism. Check out this guide which provides a walkthrough for bridging to Optimism (we recommend using Optimism Gateway) and view the exchanges where you can buy PERP here.With the arrival of real yield,...
Nekodex by Perpetual Protocol 🥨How to Hedge Against Impermanent Loss with Deribit’s Volatility Futures
In this guide, we’ll show you how you can hedge against impermanent loss when providing liquidity to Perp’s Bitcoin market using Deribit’s newly launched volatility futures product. Makers (AKA liquidity providers) on Perp can earn trading fees and liquidity mining rewards. However, as the price moves away from your entry point and traders consume the liquidity you provide, you face impermanent loss (or IL for short). But there are ways to hedge described in the article below. How to Mitigate...
>400 subscribers
Nekodex by Perpetual Protocol 🥨Stealth Addresses Explained (And How To Use Them)
A simple explainer of stealth addresses, the plans for making them standardized for Ethereum and a walkthrough of how to use stealth addresses on Optimism today! When looking at the overall DeFi market, privacy-preserving protocols only make up a very small part of it by total value locked. According to statistics provided by DeFiLlama, just 0.52% of the entire TVL is attributed to privacy applications, with Aztec and Tornado Cash taking the lion’s share. Cryptocurrencies hold a lot of potent...
Nekodex by Perpetual Protocol 🥨The Arrival of Real Yield: Lazy River 2.0
The most anticipated feature on Perp is finally here: USDC fee sharing! As a big upgrade to our staking program on Optimism, Lazy River 2.0 will begin distributing a stablecoin yield to vePERP holders from the protocol’s revenue.To start earning yield, you’ll first need to hold some PERP on Optimism. Check out this guide which provides a walkthrough for bridging to Optimism (we recommend using Optimism Gateway) and view the exchanges where you can buy PERP here.With the arrival of real yield,...
Nekodex by Perpetual Protocol 🥨How to Hedge Against Impermanent Loss with Deribit’s Volatility Futures
In this guide, we’ll show you how you can hedge against impermanent loss when providing liquidity to Perp’s Bitcoin market using Deribit’s newly launched volatility futures product. Makers (AKA liquidity providers) on Perp can earn trading fees and liquidity mining rewards. However, as the price moves away from your entry point and traders consume the liquidity you provide, you face impermanent loss (or IL for short). But there are ways to hedge described in the article below. How to Mitigate...
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We want users to be able to experience the amazing Nekodex UX no matter what your financial needs are. Spot trading launched August 7 and now we are launching the next evolution of Nekodex: Earn vaults! Earn vaults are super simple. Deposit your USDC, and earn interest.
USDM from Mountain Protocol backs the first Nekodex Earn vault. USDM is an RWA protocol, backed by real world assets, that gives users access to a low-volatility rate of interest. Check the Nekodex app Earn tab to see the latest interest rate 👍
USDM is just the start. We will offer more Nekodex Earn vaults in the near future. If there is a vault you would like to use, contact us!
USDM is pegged to the US dollar, and its value is backed by US Treasuries held by Mountain Protocol. Interest earned on the Treasury bills is paid to USDM holders in the form of more USDM, so your USDM holdings will increase with time. Mountain Protocol has taken steps to ensure USDM is safe, such as overcollateralization, smart contract audits and minimizing trusted custodians. Regardless, as with any defi product, you should DYOR and check out their risk page before depositing.
Note: USDM is not available to US citizens and other restricted countries, or for restricted activities. For more information, see their Terms and Conditions.
Nekodex Earn also gives users another way to collect more Nekocoin before the token launch (TGE)! All Earn deposits will count toward increasing your daily check-in boost 🙌
Deposit now: https://app.nekodex.org
We want users to be able to experience the amazing Nekodex UX no matter what your financial needs are. Spot trading launched August 7 and now we are launching the next evolution of Nekodex: Earn vaults! Earn vaults are super simple. Deposit your USDC, and earn interest.
USDM from Mountain Protocol backs the first Nekodex Earn vault. USDM is an RWA protocol, backed by real world assets, that gives users access to a low-volatility rate of interest. Check the Nekodex app Earn tab to see the latest interest rate 👍
USDM is just the start. We will offer more Nekodex Earn vaults in the near future. If there is a vault you would like to use, contact us!
USDM is pegged to the US dollar, and its value is backed by US Treasuries held by Mountain Protocol. Interest earned on the Treasury bills is paid to USDM holders in the form of more USDM, so your USDM holdings will increase with time. Mountain Protocol has taken steps to ensure USDM is safe, such as overcollateralization, smart contract audits and minimizing trusted custodians. Regardless, as with any defi product, you should DYOR and check out their risk page before depositing.
Note: USDM is not available to US citizens and other restricted countries, or for restricted activities. For more information, see their Terms and Conditions.
Nekodex Earn also gives users another way to collect more Nekocoin before the token launch (TGE)! All Earn deposits will count toward increasing your daily check-in boost 🙌
Deposit now: https://app.nekodex.org
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