ππ Introducing... Y2K V3: 'TSUNAMI' ππ
Y2K Finance is proud to unveil fresh details on our upcoming 'V3: TSUNAMI' implementation, that aims to pioneer a 'Novel Settlement Infrastructure for Financial Instruments'.
What all does Y2K 'Tsunami' entail?
β 24/7 coverage for
/1 Last night,
@y2kfinance
users experienced a total of π₯SIXπ₯ stablecoin depeg events on our platform.
- $USDC
- $DAI
- $FRAX
- $MIM (weekly)
- $MIM (monthly)
- $USDD
A total of 1,337.5 ETH changed hands from the risk side to the hedge side of 48.6 ETH π€―
π§΅π:
1/ Y2K is proud to announce that...
ππ V2 IS OFFICIALLY LIVE!!! ππ
π₯ You can check it NOW at:
π° Medium user guide:
πΊ Youtube user guide:
How do you participate? Check it out below π§΅π:
We're launching something new!
Previously we added Repeg vaults, this time we are launching "Touch" vaults for non-pegged assets. These vaults can be directioned up or down.
The first asset is $CRV π at a "Touch Down" π $.40 strike price
Details below π
1/ INTRODUCINGβ¦
@y2kfinance
V2 ππ!!
We are more than excited to share the full features of our upcoming product release for the first time ever π
Here are some of the main features broken down below π:
The Y2K team has been working diligently behind the scenes building something top secret ππ₯·...
Today, we're proud to unveil a sneak preview to our users below π§΅π:
π’ Announcing Y2K's upcoming new *UI V2* π’
β’ In this upcoming release, we'll be implementing many of the
1/ Introducing Y2K's Vault Asset Series: $USDT
Through this series we will go through each of our supported vault assets, sharing a quick bit of history, peg model, and our Y2K vault strikes.
Introducing our first ever... "Repeg" Vaults π
We've been known for "Depeg" markets for quite some time now...
Now for select assets, starting $MAI + $MIM, users are able to predict different directions via "ABOVE" π + "BELOW" π strikes.
Market are live nowβΌοΈ
Examplesπ
Y2K is happy to share we have officially crossed 70k ETH in total cumulative epoch volume π₯³!
This amounts to >$100M USD deployed through our
@y2kfinance
platform π
Thank you so much Doomies! π
Onto the next milestone together π«‘
π¨π¨ DEPEG ALERT! π¨π¨
$stETH depegged to strike at approximately 08:34 PM UTC triggering an Earthquake event!
Hedgors rejoice ππ₯
Find out more at: π π
.
@arbitrum
season is upon us π¨
Keep an eye on these 5, under the radar, projects as Arbitrum continues to grow and Ethereum continues to scale along with it π
ππ
Full:
π¨π¨ DEPEG ALERT! π¨π¨
$FRAX depegged to strike at approximately 9:48 PM UTC triggering an Earthquake eventβΌοΈπ«¨
Premium (Hedge) participants approximately 76x'd π their initial as a result π₯
π¨π¨ DEPEG ALERT! π¨π¨
$MIM depegged to strike at approximately 5:32 PM UTC triggering an Earthquake eventβΌοΈπ«¨
Premium (Hedge) participants approximately 24x'd their initial as a result ππ₯
π¨π¨ DEPEG ALERT! π¨π¨
$FRAX depegged to strike at approximately 5:32 PM UTC triggering an Earthquake event!
ππ₯
Find out more in our discord:
.
@y2kfinance
βa
#DeFi
derivatives project focused on pegged assetsβis using
#Chainlink
Price Feeds on
#Arbitrum
.
Price Feeds help settle Earthquake vault payouts, giving users high confidence that depeg events are accurately reflected within the project.
Y2K Finance is proud to introduce... π₯
π¨π Gains Trader PnL Protection Vaults! ππ¨
Are you a gDAI holder on
@GainsNetwork_io
? Worried about losing money if traders win big? Believe it goes up?
@y2kfinance
has you covered with a new vault 'GTRADE' available this wknd π π§΅π
1/ Y2K is extremely proud to introduce... UI V2!! ππ
We are βΌοΈLIVE NOWβΌοΈ at: π
We're excited to introduce many many new efficiencies, data enrichments, and overall aesthetics compared to UI V1 π«‘
Check out our Guides/Resources π§΅π:
/1 Gm Doomies!
We are excited to partner up with
@SmileeFinance
who has provided 25 whitelist spots to
@y2kfinance
for their trading competition with a prize pool of $100k ππ€―
How do you enter? Check the next tweet below π
/6 Our
@chainlink
oracles acted as intended, reporting the change in stablecoin pricing and triggering deep Earthquake depeg events across the
@y2kfinance
platform
Y2K has been successfully voted to receive
@DIAdata_org
's Oracle Gasdrop π!
Looking forward to working with more oracle providers for our users π«‘
π "DGR
#002
: Y2K Finance" successfully validated!
The
#DAO
proposal to approve
@y2kfinance
as a recipient of Oracle Gasdrop successfully passed with the vast majority of the votes in favour and quorum achieved.
Full proposal π
A
@y2kfinance
IFO Breakdown:
As our Initial Farm Offering period winds down, here's a quick breakdown on the numbers so far.
Time for a thread π§΅π:
1/ With our impending V2 release right around the corner, today we wanted to highlight a mysterious new feature: CAROUSEL π‘
π€ What is Carousel and why is this bullish for Y2K users? π
π° Full Article:
π§΅π:
Tether Global CTO
@paoloardoino
said all redemptions will be supported as millions worth of $USDT stablecoins appear to be selling off on popular Uniswap and Curve pools on Thursday morning.
@shauryamalwa
reports.
π¨π¨ DEPEG ALERT! π¨π¨
$USDC depegged to strike at approximately 10:31 PM UTC triggering an Earthquake event!
ππ₯
Find out more at:
Join discord:
βΌοΈIntroducing... Y2K's π₯"WILDFIRE"π₯ productβΌοΈ
The
@y2kfinance
team STAYS cookin' π¨π»βπ³
Highlights:
- Lookback Futures, a new financial derivative β°
- Orderbook Marketplace π
- Leverage via Truncation π
- Juicy Premiums π
What does this all mean? π
π Read the WP to find
1/ Update: Last night, we did indeed experience our first vault-asset $MIM depeg to strike price, triggering an automatic payout transfer that executed as intended below.
Today The Arbitrum Foundation is extremely excited to announce the launch of DAO governance for the Arbitrum One and Arbitrum Nova networks, alongside the launch of $ARB.
π¨π¨ DEPEG ALERT! π¨π¨
$MAI depegged to strike at approximately 11:08 AM UTC triggering an Earthquake eventβΌοΈ
Premium (Hedge) participants approximately 14x'd (+1399.94%) π on their initial as a result π₯
.
@y2kfinance
is proud to offer a $50k bug bounty pool to openly challenge anyone to look through our contracts, find errors/vulnerabilities, and get rewarded.
Audit Contest is now LIVE and ends Sept 19 20:00 UTC. See link below for more details ππ₯
π
@y2kfinance
enters the Arena with a $50,000 $USDC pool for their new security audit.
Help secure the suite of structured products for assessing pegged asset risk.
Get started now:
π¨π¨ DEPEG ALERT! π¨π¨
$DAI depegged to strike at approximately 04:3 AM UTC triggering an Earthquake eventβΌοΈ
Premium (Hedge) participants approximately 40x'd (+3976.82%) π on their initial as a result π₯
/1 Time flies in crypto at blinding speed π«¨
It's only been 1 month (βοΈ) since the great $USDC depegging on March 11th when the world seemed to be ending.
Since then, the landscape of stablecoins + Y2K activity has changed significantly ππ§΅:
P.S. - alpha at bottom π
π¨π¨ DEPEG ALERT! π¨π¨
$CUSD depegged to strike at approximately 04:37 AM UTC triggering an Earthquake eventβΌοΈ
Premium (Hedge) participants approximately 25x'd (+2453.36%) π on their initial as a result π₯
π’ Exciting News:
Y2K is thrilled to announce the release of our NEW homepage today!
It's live now at: ππ
Here's what you can expect from the improved site ππ§΅:
Join us this upcoming Monday 3/19 at 3pm EST for our AMA with
@arbitrum
!
Weβll be sharing lots of updates on
@y2kfinance
and of course answering any community questions you have.
Make sure to tune in and set a reminder below! ππ₯
Still unsure how to use
@y2kfinance
?
Introducing... Y2K Basics ππ§ π€!
A new Twitter series where we will go over mini educational snippets on how to use Y2K.
The first topic we'll take a look at is how to "Mint Positions" π:
1οΈβ£ First, navigate to the "Mint" tab on
.
@y2kfinance
recently sat down with our incubator
@neworderDAO
to discuss the imminent launch of
#Y2K
on
@arbitrum
.
Tune in below for updates, insights, and features on our upcoming launchππ₯
The launch of our next incubated project
@y2kfinance
is right around the corner!
We sat down with
@Crypwalk_240
and
@0xdrej
to discuss:
β’ Hedging stablecoin risk
β’ How users can benefit from using Y2K
β’ Launch timeline and roadmap
Introducing: "VAULT STRATEGIES" by Y2K - a brand new way to interact with our Vaults π
Want to optimize weekly yield w/ lowest risk of liquidationβοΈ How about depeg probabilityβ
With this upgrade, users can save precious braincells when using
@y2kfinance
π§ π€
β¬οΈ:
The underling tail risks in defi extend beyond the realm of public conscience and can show themselves at any given moment.
Y2K is here to help mitigate and stay ahead of the curve.
Stay based and hedged Doomies π₯
It's been a pretty rough day for crypto.
Over $20M was hacked a few hours ago and 32M more $CRV shortly after that.
Friendly reminder that no protocol is 100% safe.
Stay safe friends.
Big shoutout to
@BanklessHQ
for their feature and explainer on
@y2kfinance
π«‘
TL;DR
- Y2K is one of the only ways to hedge against stablecoins depegging without shorting
- "Hedge" = bet on depeg, "Risk" = bet against depeg
- How to use Y2K?
- Gud protocol
Read more belowπ:
Worried about a stablecoin depegging fiasco? π
Worry no more.
@BenGiove
's guide will help protect you from stablecoin blowups π
Because, in case you weren't already painfully aware, stablecoins don't always live up to the name π£
Full read ππ
Y2K recently rolled out depeg vaults for $USDe β
There's been a lot of interesting talk around $USDe and $ENA recently, is it as extreme as the next $UST/$LUNA of this cycle or mostly safu?
In this thread, we'll explore it's mechanics, uncover the buzz surrounding it, and
Imagine getting:
β£ 4-6x return providing 'premium' if your strike hits
β£ 20-40% return providing 'collateral', and strike doesn't hit
All in less than a weekβπ€―
Turbo madness ποΈπ¨
π Introducing Y2K Volatility Vaults π«¨, a brand new way for users to get exposure to overall delta movements rather than directional onesβΌοΈ
Wen you ask? This weekend! π
We will be launching 'Volatility Vaults' this upcoming epoch with the following assets: $BTC $ETH $CVI
Pepe Fink would like to share that Y2K 'Volatility Vaults' are coming very soon π«¨ππ
'Volatility Vaults' = What if instead of predicting price up or down, one could intuitively guess price swings by total amount/varianceβοΈ ποΈ
Stay tuned for our first vaults this wkndβοΈπΊ
π¨ Introducing π¨... our 1st ever Official Merch Collection by Y2K π₯³π!!
Browse exclusive items from our 24-piece set featuring: Hats, T-shirts, Hoodies, Sandals, and much more!
Check out the store below ππ and let us know your favorite items!
π π
We're excited to share that
@DIAdata_org
is now powering a price oracle for our native $Y2K asset! π€π
It is currently being used on our
@SiloFinance
vault where users may see some 'interesting' opportunities still avail π
π π€ Partnership with
@y2kfinance
Exciting collaboration as we launch a price oracle for Y2K's asset, crucial for their borrow/lend market on
@SiloFinance
.
Today we're thrilled to launch our Y2K 'Vault Strategies' βΌοΈπ
π€ Vault Strategies = Pre-configured automations, designed to enhance Y2K experience by simplifying user interaction with Earthquake markets.
Why Are We So Excited? π§΅β¬οΈ
Weβre proud to present that Y2K Finance has joined the
#8020Initiative
.
We believe the Balancer model helps our users balance providing liquidity while mitigating Impermanent Loss.
More to come soon!
@balancer
π¨π¨ DEPEG ALERT! π¨π¨
$DAI depegged to strike at approximately 1:25 AM UTC triggering an Earthquake event!
ππ₯
Find out more at:
Join discord:
π¨π¨ DEPEG ALERT! π¨π¨
$USDD depegged to strike at approximately 02:28 AM UTC triggering an Earthquake eventβΌοΈ π
As a result, Premium (Hedge) participants made approximately 25x (2469.33%) and 15x (1484.42%) on their initial from $USDD ARB and WETH markets respectively π₯
Interested in learning more about our vault strike pricing models?
Check out our latest medium article where we share the different considerations taken for determining high and low-strike price vaults. π