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MagicSea

@MagicSeaDEX • 15,564 subscribers

Liquid Order Book DLMM DEX (JoeV2.2) & NFT Marketplace on @IOTA 🌊📓 Home of $LUM & $MLUM! ✨🌸 Join us: https://t.co/rFexcBcT9Z 🐙

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SHIMMERSEA IS LIVE!!!💥 The FIRST and ONLY fully decentral DEX and NFT Marketplace on ShimmerEVM! Trade your favorite NFT collections and the first tokens! Join us as we write DeFi history together! 🌐 #IOTA #Shimmer

SHIMMERSEA IS LIVE!!!💥 The FIRST and ONLY fully decentral DEX and NFT Marketplace on ShimmerEVM! Trade your favorite NFT collections and the first tokens! Join us as we write DeFi history together! 🌐 #IOTA #Shimmer

37,730 Aufrufe

The Training DEX Fairlaunch of #LUMsea is NOW LIVE for #Lumi holders! 🌊 🚀 🚀 Need some guidance? Check out our Training DEX documentation: 📚

The Training DEX Fairlaunch of #LUMsea is NOW LIVE for #Lumi holders! 🌊 🚀 🚀 Need some guidance? Check out our Training DEX documentation: 📚

28,757 Aufrufe

The ShimmerSea Training DEX Competition was a huge success! Our goal with the event was to onboard as many users as possible to the world of #DeFi while at the same time growing our community! Let's celebrate some key accomplishments we achieved together🧵👇 1) We welcomed over 19,500 real users to - a testament to our growing and active community! Thank you for joining us on this exciting journey.🐙 2) Out of these, 9400+ became active participants in the competition. Trading, Staking, Farming and participating in the snapshots!🏆 3) Together, we managed to collect an astounding 4.2 million LUMsea! A huge token of trust from our users, showing us how invested you are in our mission. 4) Over 1.3 million smart contract interactions were carried out, truly putting ShimmerSea's capabilities to the test! This was backed by both our internal analytics and blockchain data, which confirmed the authenticity of each interaction (excluding bots). Even during the highest levels of stress testing it was amazing watching the #DEX run steady and reliable, like a firm lighthouse enduring the roughest seas during a storm.🌊 5) We experienced a 1200% user growth and our community now boasts over 15,000 members! It's incredibly humbling to see our family grow so rapidly.🚀 6) Last but not least, we had 1000% fun! Learning something new is easiest when packed into a game! Thank you for making this experience a joyful ride. We look forward to achieving even more together in our next adventures!💙 Next: This Sunday, we'll unveil the top 10 winners of our competition! But that's not all - a whole week of rewards will follow. Stay tuned! Shimmer #Shimmer #IOTA

The ShimmerSea Training DEX Competition was a huge success! Our goal with the event was to onboard as many users as possible to the world of #DeFi while at the same time growing our community! Let's celebrate some key accomplishments we achieved together🧵👇 1) We welcomed over 19,500 real users to - a testament to our growing and active community! Thank you for joining us on this exciting journey.🐙 2) Out of these, 9400+ became active participants in the competition. Trading, Staking, Farming and participating in the snapshots!🏆 3) Together, we managed to collect an astounding 4.2 million LUMsea! A huge token of trust from our users, showing us how invested you are in our mission. 4) Over 1.3 million smart contract interactions were carried out, truly putting ShimmerSea's capabilities to the test! This was backed by both our internal analytics and blockchain data, which confirmed the authenticity of each interaction (excluding bots). Even during the highest levels of stress testing it was amazing watching the #DEX run steady and reliable, like a firm lighthouse enduring the roughest seas during a storm.🌊 5) We experienced a 1200% user growth and our community now boasts over 15,000 members! It's incredibly humbling to see our family grow so rapidly.🚀 6) Last but not least, we had 1000% fun! Learning something new is easiest when packed into a game! Thank you for making this experience a joyful ride. We look forward to achieving even more together in our next adventures!💙 Next: This Sunday, we'll unveil the top 10 winners of our competition! But that's not all - a whole week of rewards will follow. Stay tuned! Shimmer #Shimmer #IOTA

24,070 Aufrufe

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Are you ready for another big #Lumi challenge?🚀 Win one of 200 #Lumis! 👇 👇 👇 ➡️Join ShimmerSea on Crew3 ➡️Earn XP ➡️Win a #Lumi Much more to come!🔥 #SMR #IOTA #DEX #DeFi

Are you ready for another big #Lumi challenge?🚀 Win one of 200 #Lumis! 👇 👇 👇 ➡️Join ShimmerSea on Crew3 ➡️Earn XP ➡️Win a #Lumi Much more to come!🔥 #SMR #IOTA #DEX #DeFi

60,654 Aufrufe • vor 3 Jahren

DEXPLORE - Learn to Earn Dive into our ultimate tutorial series on Youtube and learn how to use a DEX. Complete the quests on Zealy to earn rewards! 💰🌊 New Tutorials, Tipps and Tricks every week!📽️ Youtube: Zealy: #IOTA

DEXPLORE - Learn to Earn Dive into our ultimate tutorial series on Youtube and learn how to use a DEX. Complete the quests on Zealy to earn rewards! 💰🌊 New Tutorials, Tipps and Tricks every week!📽️ Youtube: Zealy: #IOTA

19,495 Aufrufe • vor 2 Jahren

Magic LUM and the Booster ⚡️🐙🪷 The birth of Magic LUM and the start of the Booster are together the most anticipated events for ShimmerSea so far! Magic LUM being the Governance Token of the protocol is the canter stage token on ShimmerSea. The activation of the Booster marks the start of a new token economic model in DeFi!🧵👇 🌐 📰 Magic LUM 🪷 Compared to $LUM which is the reward token of ShimmerSea, $MLUM is the Governance token of ShimmerSea and is therefore limited to 1 million tokens only!💎 Besides being limited in supply the token gives holders voting opportunities. These voting opportunities range from smaller every-day decisions like emission rates for $LUM in farms, to larger strategic decisions impacting the future of the protocol. Finally, holders get to earn all protocol revenue in USDT through a special staking pool, which will go live on IOTA EVM. This includes revenue from trading fees on the DEX and the NFT marketplace, deposit fees, and revenue from fair launches. Until #IOTA EVM a Lumi locked $MLUM->$LUM staking pool will be available. Magic LUM Start and Distribution Magic LUM will start trading shortly before the Booster goes live. This Friday the 1st of March 2024, at 1pm CET the MLUM-USDT trading pool will go live. The pool will have a total liquidity of 50.000 USDT and 2.500 $MLUM. This makes an initial $MLUM price of 20$. Be cautious in the first days of trading as the total liquidity with 100.000 $ value is comparably low! High volatility is to be expected! The initial liquidity will be locked with Hedgey. All other $MLUM tokens will either be locked in the Booster, locked with Hedgey 🦔 or only minted later on IOTA EVM. On IOTA EVM the team allocation will be locked in the $MLUM staking pool for another minimum of 6 months and a maximum of 12 months. All other not yet distributed $MLUM tokens will be locked in the new Booster contract on IOTA EVM where they will be distributed over the coming years. Magic LUM distribution: Booster — 79.5 % Team — 20 % Treasury — 0.5 % Shortly after trading starts on the 1st of March, 2024 at 4pm CET, the Booster goes live and everyone can start refining their $LUM to $MLUM. The first month the Booster will have an increased $MLUM emission rate! On March the 2nd at 8pm the MLUM-USDT farm will go live. The Booster ⚡️ The Booster is a special staking pool in which you can refine $LUM to $MLUM. The smart contract works similar to a staking pool with some important modifications. Just like a staking pool a fixed amount of $MLUM tokens is distributed per second through the Booster. The amount of $MLUM a staker earns depends on his share of $LUM allocated into the smart contract. Different to a standard staking pool, the Booster burns the allocated $LUM on a percent basis. This means that your $LUM stake is burned away while the booster rewards you with $MLUM. The emission rate of the Booster in the first month is 30.000 $MLUM and continues with 13.200 $MLUM per month. Security is at the centre of what we do at ShimmerSea. Therefore, the Smart Contract Booster has been audited twice by HashEx Blockchain Security and as well has been audited by AuditOne. Timeline The birth of $MLUM and the activation of the Booster are two events that happen in sequence. Following all the dates around the launch can be seen: 📅 Friday - 01.03.2024 🕚 11:00am CET - $MLUM gets listed 🕐 1:00pm CET - $MLUM/ $USDT pool start 🕗 8:00pm CET - The Booster goes live! 📅 Saturday - 02.03.2024 🕗 8:00pm CET - $MLUM/ $USDT Farm starts - $LUM/ $USDT Farm starts - $MLUM -> $LUM staking pool Outlook With Magic LUM and the Booster also new farms are being issued for Magic LUM and LUM. The new farms are rewarding liquidity pools with USDT. This will give both tokens, $LUM and $MLUM more price stability. On the horizon we can already see the next big event approaching: ShimmerSea scaling to IOTA EVM. With this, ShimmerSea will evolve to a multi-chain DEX! With this magic evolution the last major puzzle piece of the protocol tokenomics will also go live: The $MLUM staking pool which distributes protocol revenue on IOTA EVM!💥 #ShimmerEVM

Magic LUM and the Booster ⚡️🐙🪷 The birth of Magic LUM and the start of the Booster are together the most anticipated events for ShimmerSea so far! Magic LUM being the Governance Token of the protocol is the canter stage token on ShimmerSea. The activation of the Booster marks the start of a new token economic model in DeFi!🧵👇 🌐 📰 Magic LUM 🪷 Compared to $LUM which is the reward token of ShimmerSea, $MLUM is the Governance token of ShimmerSea and is therefore limited to 1 million tokens only!💎 Besides being limited in supply the token gives holders voting opportunities. These voting opportunities range from smaller every-day decisions like emission rates for $LUM in farms, to larger strategic decisions impacting the future of the protocol. Finally, holders get to earn all protocol revenue in USDT through a special staking pool, which will go live on IOTA EVM. This includes revenue from trading fees on the DEX and the NFT marketplace, deposit fees, and revenue from fair launches. Until #IOTA EVM a Lumi locked $MLUM->$LUM staking pool will be available. Magic LUM Start and Distribution Magic LUM will start trading shortly before the Booster goes live. This Friday the 1st of March 2024, at 1pm CET the MLUM-USDT trading pool will go live. The pool will have a total liquidity of 50.000 USDT and 2.500 $MLUM. This makes an initial $MLUM price of 20$. Be cautious in the first days of trading as the total liquidity with 100.000 $ value is comparably low! High volatility is to be expected! The initial liquidity will be locked with Hedgey. All other $MLUM tokens will either be locked in the Booster, locked with Hedgey 🦔 or only minted later on IOTA EVM. On IOTA EVM the team allocation will be locked in the $MLUM staking pool for another minimum of 6 months and a maximum of 12 months. All other not yet distributed $MLUM tokens will be locked in the new Booster contract on IOTA EVM where they will be distributed over the coming years. Magic LUM distribution: Booster — 79.5 % Team — 20 % Treasury — 0.5 % Shortly after trading starts on the 1st of March, 2024 at 4pm CET, the Booster goes live and everyone can start refining their $LUM to $MLUM. The first month the Booster will have an increased $MLUM emission rate! On March the 2nd at 8pm the MLUM-USDT farm will go live. The Booster ⚡️ The Booster is a special staking pool in which you can refine $LUM to $MLUM. The smart contract works similar to a staking pool with some important modifications. Just like a staking pool a fixed amount of $MLUM tokens is distributed per second through the Booster. The amount of $MLUM a staker earns depends on his share of $LUM allocated into the smart contract. Different to a standard staking pool, the Booster burns the allocated $LUM on a percent basis. This means that your $LUM stake is burned away while the booster rewards you with $MLUM. The emission rate of the Booster in the first month is 30.000 $MLUM and continues with 13.200 $MLUM per month. Security is at the centre of what we do at ShimmerSea. Therefore, the Smart Contract Booster has been audited twice by HashEx Blockchain Security and as well has been audited by AuditOne. Timeline The birth of $MLUM and the activation of the Booster are two events that happen in sequence. Following all the dates around the launch can be seen: 📅 Friday - 01.03.2024 🕚 11:00am CET - $MLUM gets listed 🕐 1:00pm CET - $MLUM/ $USDT pool start 🕗 8:00pm CET - The Booster goes live! 📅 Saturday - 02.03.2024 🕗 8:00pm CET - $MLUM/ $USDT Farm starts - $LUM/ $USDT Farm starts - $MLUM -> $LUM staking pool Outlook With Magic LUM and the Booster also new farms are being issued for Magic LUM and LUM. The new farms are rewarding liquidity pools with USDT. This will give both tokens, $LUM and $MLUM more price stability. On the horizon we can already see the next big event approaching: ShimmerSea scaling to IOTA EVM. With this, ShimmerSea will evolve to a multi-chain DEX! With this magic evolution the last major puzzle piece of the protocol tokenomics will also go live: The $MLUM staking pool which distributes protocol revenue on IOTA EVM!💥 #ShimmerEVM

12,941 Aufrufe • vor 2 Jahren

Don't let your $SMR get dusty on layer 1. Bridge your $SMR to #ShimmerEVM with the new Firefly and profit from early opportunities!🔥 #IOTA #Shimmer Here is how👇👇👇

Don't let your $SMR get dusty on layer 1. Bridge your $SMR to #ShimmerEVM with the new Firefly and profit from early opportunities!🔥 #IOTA #Shimmer Here is how👇👇👇

12,534 Aufrufe • vor 2 Jahren

Why do I need to enable transactions on ShimmerSea? This is a new Metamask feature which requires you to set a spending cap for every token you transact. This feature protects you from malicious smart contracts. 🛡️ #Shimmer

Why do I need to enable transactions on ShimmerSea? This is a new Metamask feature which requires you to set a spending cap for every token you transact. This feature protects you from malicious smart contracts. 🛡️ #Shimmer

10,501 Aufrufe • vor 3 Jahren

LUMsea Fairlaunch has started for all Lumi holders!🚀 🐵Iotapes & 🤖IotaBots, stay tuned! Your turn is coming up in the next phase. 💪 Wonder how to join the first phase of the Training Fairlaunch? 👇🎥👇 #Shimmer #IOTA

LUMsea Fairlaunch has started for all Lumi holders!🚀 🐵Iotapes & 🤖IotaBots, stay tuned! Your turn is coming up in the next phase. 💪 Wonder how to join the first phase of the Training Fairlaunch? 👇🎥👇 #Shimmer #IOTA

10,305 Aufrufe • vor 3 Jahren

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