Akriix (@akriixx) 's Twitter Profile
Akriix

@akriixx

ID: 1488179821612089347

calendar_today31-01-2022 15:58:21

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422 Followers

92 Following

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Paradex not looking good today. These things unfortunately happen ( they shouldn't ), I hope that users will be refunded for their losses last night. I think some things should be announced NOW, like the spot, the NFTs, and increasing the percentage distributed for Season 2,

Paradex not looking good today.

These things unfortunately happen ( they shouldn't ), I hope that users will be refunded for their losses last night.

I think some things should be announced NOW, like the spot, the NFTs, and increasing the percentage distributed for Season 2,
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.Paradex had a technical incident. DB maintenance caused issues. Long downtime. Abnormal liquidations. Funding rate problems. The team rolled back chain state, restored all accounts, and set up refund processes for affected users. But here's what disgusted me : Watch how

.<a href="/paradex/">Paradex</a> had a technical incident. 

DB maintenance caused issues. 
Long downtime. 
Abnormal liquidations. 
Funding rate problems.

The team rolled back chain state, restored all accounts, and set up refund processes for affected users.

But here's what disgusted me :

Watch how
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Seeing posts about farming Variational being "too hard." But listen.... If farming feels hard now, imagine in few weeks/months when : > OLP goes live > APIs become public > Competitor TGEs complete Where do you think people will go after Paradex TGE ? After

Seeing posts about farming <a href="/variational_io/">Variational</a> being "too hard." 

But listen.... 

If farming feels hard now, imagine in few weeks/months when :  

&gt; OLP goes live 
&gt; APIs become public 
&gt; Competitor TGEs complete  

Where do you think people will go after Paradex TGE ? After
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People don’t understand how insane the perps dexs meta is. You’re trading on platforms that : > pay you to provide liquidity > pay you to trade > pay you based on OI, stability, risk, PnL curve > pay you for simply existing on-chain And still the takes are : “Bro, it’s

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$1B FDV for Paradex at launch… Realistic, or just hype ? There are only 2 weeks left before the end of S2, so I'm updating my analysis. Important change : I'm now using 7-day fees instead of annualized fees. Why ? Lighter removed premium account incentives post-TGE, so

$1B FDV for <a href="/paradex/">Paradex</a> at launch… 
Realistic, or just hype ?

There are only 2 weeks left before the end of S2, so I'm updating my analysis. 

Important change : 

I'm now using 7-day fees instead of annualized fees.

Why ? 

Lighter removed premium account incentives post-TGE, so
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Someone's criticizin Paradex for delaying TGE and other cringe takes ( including... the founder being Indian ? Wtf ? ) Let me address the TGE delay criticism specifically, because it's hilariously hypocritical. "Paradex TGE was supposed to happen last summer and still hasn't

Someone's criticizin <a href="/paradex/">Paradex</a>  for delaying TGE and other cringe takes ( including... the founder being Indian ? Wtf ? )

Let me address the TGE delay criticism specifically, because it's hilariously hypocritical.

"Paradex TGE was supposed to happen last summer and still hasn't
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Extended maxis are the dumbest community among all perp DEX communities. ( If we had a negative IQ contest between HL maxis and Extended maxis, it would be very, very close ) Let me explain their hypocrisy : They attack Paradex and Variational : "Your OI is artificially

Extended maxis are the dumbest community among all perp DEX communities.

( If we had a negative IQ contest between HL maxis and Extended maxis, it would be very, very close )

Let me explain their hypocrisy :

They attack <a href="/paradex/">Paradex</a> and <a href="/variational_io/">Variational</a> : 

"Your OI is artificially
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.Variational Points Guide ( CODE : OMNIB31234KC ) Stop farming blind. Here's how the program actually works and what your points might be worth. Points program : > Retro points : 3M distributed > Weekly : 150K points > Ends : Q3 2026 at latest ( could be earlier ) >

.<a href="/variational_io/">Variational</a>  Points Guide

( CODE : OMNIB31234KC )

Stop farming blind. 

Here's how the program actually works and what your points might be worth.

Points program :

&gt; Retro points : 3M distributed 
&gt; Weekly : 150K points 
&gt; Ends : Q3 2026 at latest ( could be earlier )
&gt;
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How to farm Perp DEXs with 0 cost. Most people avoid Perp DEX farming because they're scared of losing money. I get it. But you're missing a massive opportunity. Perp DEXs require trading to qualify for airdrops. Here's how to do it without getting rekt : 1 / DELTA-NEUTRAL

How to farm Perp DEXs with 0 cost.

Most people avoid Perp DEX farming because they're scared of losing money.

I get it. But you're missing a massive opportunity.

Perp DEXs require trading to qualify for airdrops. 

Here's how to do it without getting rekt :

1 / DELTA-NEUTRAL
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.Paradex S2 ends today (in a few hours). WL ends tomorrow. Expect 30-50% metric drop next week. Here's why, and what needs to happen in the S2 announcement to avoid disaster. THE INCENTIVE REALITY : Incentives = inflated metrics No incentives = reality Every Perp DEX faces

.<a href="/paradex/">Paradex</a> S2 ends today (in a few hours). WL ends tomorrow.

Expect 30-50% metric drop next week.

Here's why, and what needs to happen in the S2 announcement to avoid disaster.

THE INCENTIVE REALITY :

Incentives = inflated metrics 
No incentives = reality

Every Perp DEX faces
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.Paradex announced S2 wrap-up, TGE timing, and S3 details. ( And I don't like this at all. ) SEASON 2 ( ended today ) > 25% FDV airdrop (unlocked) > S2 : 20% allocation (was 15% ) > Massive metrics growth (31× volume, 24× OI) Good allocation bump. S2 delivered. TGE TIMING

.<a href="/paradex/">Paradex</a> announced S2 wrap-up, TGE timing, and S3 details.

( And I don't like this at all. )

SEASON 2 ( ended today )

&gt; 25% FDV airdrop (unlocked)
&gt; S2 : 20% allocation (was 15% )
&gt; Massive metrics growth (31× volume, 24× OI)

Good allocation bump. 
S2 delivered.

TGE TIMING
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.Variational metrics are down 30-40% from the last 2 weeks. This isn't weakness. This is opportunity. WHAT HAPPENED ? Recent crash liquidated a ton of farmers : > Many don't have capital left to farm Variational > Others are stuck on different perp DEXs recovering losses

.<a href="/variational_io/">Variational</a> metrics are down 30-40% from the last 2 weeks.

This isn't weakness. This is opportunity.

WHAT HAPPENED ?

Recent crash liquidated a ton of farmers :

&gt; Many don't have capital left to farm Variational
&gt; Others are stuck on different perp DEXs recovering losses
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.Paradex volume down 60-70% post-S2. S3 didn't bring farmers back. Why ? People realized farming S3 wouldn't be worth it. But Open Interest ? Stayed stable. That's the only number that matters. Bots didn't return. Fake volume didn't return. What remains : Actual

.<a href="/paradex/">Paradex</a>  volume down 60-70% post-S2. 

S3 didn't bring farmers back.

Why ? 

People realized farming S3 wouldn't be worth it. 

But Open Interest ? Stayed stable. 
That's the only number that matters.

Bots didn't return. 
Fake volume didn't return. 

What remains : 

Actual
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Polymarket odds on perp DEX launches just got oblitared. .Paradex , Extended , Variational , check the FDV predictions one day post-launch. The market is pricing in brutal reality. Why ? Global crypto conditions are dogshit right now. And these odds reflect it.

Polymarket odds on perp DEX launches just got oblitared.

.<a href="/paradex/">Paradex</a> , <a href="/extendedapp/">Extended</a> , <a href="/variational_io/">Variational</a> , check the FDV predictions one day post-launch. 

The market is pricing in brutal reality.

Why ? 

Global crypto conditions are dogshit right now. 
And these odds reflect it.
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Just got banned from Paradex Discord for criticizing their TGE execution. No insults. No FUD. Just feedback. Solid community management guys. Very bullish. I have defended this project for months because I appreciate it, I like using Paradex, but silencing those who voice

Just got banned from <a href="/paradex/">Paradex</a> Discord for criticizing their TGE execution.

No insults. No FUD. Just feedback.

Solid community management guys. Very bullish.

I have defended this project for months because I appreciate it, I like using Paradex, but silencing those who voice
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$4,106,085 refunded to losing traders. That's not luck. That's Variational quietly becoming one of the smartest places to park a position. Here's the meta-strategy nobody is talking about : Run a delta neutral position on another perp DEX while simultaneously trading on

$4,106,085 refunded to losing traders.

That's not luck. 

That's <a href="/variational_io/">Variational</a> quietly becoming one of the smartest places to park a position.

Here's the meta-strategy nobody is talking about :

Run a delta neutral position on another perp DEX while simultaneously trading on