Tired of losing funds to MEV bots while transacting on-chain?
I have a solution: a protocol that doesn't require you to bridge, pay gas fees or get exposed to bots
Fun fact: The protocol's testnet is live, and there are going to be rewards for users
Wanna know more?
Read on👇
I have a solution: a protocol that doesn't require you to bridge, pay gas fees or get exposed to bots
Fun fact: The protocol's testnet is live, and there are going to be rewards for users
Wanna know more?
Read on👇
In this thread I will be talking about:
• What Gasp is?
• How it works
• Its unique features
• Its tokenomics-yet to be released
• Its testnet and campaign
• Conclusion
Let's dive in.
• What Gasp is?
• How it works
• Its unique features
• Its tokenomics-yet to be released
• Its testnet and campaign
• Conclusion
Let's dive in.
🔸 To begin with, @Gasp_xyz, formerly known as Mangata Finance is an Ethereum-based, modular cross-rollup protocol built on the Substrate Wasm Stack.
It enables seamless, fast, and affordable swaps across Ethereum rollups and aims to connect all blockchains.
That's not all...
It enables seamless, fast, and affordable swaps across Ethereum rollups and aims to connect all blockchains.
That's not all...
🔹 Gasp utilizes @eigenlayer for security and ZK proofs for cross-chain communication, allowing native swaps across major rollups like @0xPolygon, @arbitrum, and @Optimism.
🔸 By using Gasp, you have access to:
• Being the first to try out Ethereum's first native cross-chain Rollup protocol which allows you to swap across any L2s with ease.
• Protection from MEV-bots: This is one major reason I would recommend using Gasp; those bots can be crazy
• Being the first to try out Ethereum's first native cross-chain Rollup protocol which allows you to swap across any L2s with ease.
• Protection from MEV-bots: This is one major reason I would recommend using Gasp; those bots can be crazy
• Gas-free swaps: In this case, Gasp removes network fees but note that you only pay a 0.3% exchange fee when swapping.
• Native swaps and native swap security: Gasp uses escape hatches to ensure the withdrawal of our assets is secured in all circumstances.
• Native swaps and native swap security: Gasp uses escape hatches to ensure the withdrawal of our assets is secured in all circumstances.
Those are really cool features if you ask me!
Now let's talk about its tokenomics 👇
The token is yet to be released, but the protocol will have one.
Rumors have it that there's going to be an airdrop anyway 😐
What do I know 🤷
Now let's talk about its tokenomics 👇
The token is yet to be released, but the protocol will have one.
Rumors have it that there's going to be an airdrop anyway 😐
What do I know 🤷
Moving forward, let's talk about their testnet which is live!
Since the token has been announced, participating in the testnet might guarantee you a piece of the cake, who knows🤷
For more info, please check their official announcement 👇
Since the token has been announced, participating in the testnet might guarantee you a piece of the cake, who knows🤷
For more info, please check their official announcement 👇
Also, they have a quest that is live on @Galxe, you might want to check it out via: app.galxe.com
In conclusion, I personally feel Gasp is one protocol an OG DeFi user and even newbies should try out.
Because why not?
The MEV protection feature alone is amazing, not to mention the native swap feature.
This is definitely a protocol worth trying out in my opinion🤝
Because why not?
The MEV protection feature alone is amazing, not to mention the native swap feature.
This is definitely a protocol worth trying out in my opinion🤝
And that's a wrap, For more information about Gasp, pls follow their X handle via: @Gasp_xyz
PS: This thread was done in collaboration with the team but regardless, try it out as I'm definitely going to do so as well🤭
PS: This thread was done in collaboration with the team but regardless, try it out as I'm definitely going to do so as well🤭
Tagging chads who should know about Gasp:
@zerokn0wledge_
@2lambro
@Defi0xJeff
@Deebs_DeFi @stacy_muur
@rush_hour51
@0xGoldenDegen
@ArsalanSartaj
@rektdiomedes
@0xadriandefi
@Launchpad_Daddy
@zerokn0wledge_
@2lambro
@Defi0xJeff
@Deebs_DeFi @stacy_muur
@rush_hour51
@0xGoldenDegen
@ArsalanSartaj
@rektdiomedes
@0xadriandefi
@Launchpad_Daddy
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