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Submission: On August 22 via api from US — Scanned from DE
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Connect wallet MAGIC EDEN + SOLANA IN DEX WE TRUST We are giving $100 USDC everyone, bearish market won't kill Solana. Scroll below for official DAO statement and initiative details. Claim my Reward * ABOUT THIS MAGICEDEN DAO INITIATIVE Hard times for crypto Following the bankruptcy of one of the world's largest cryptocurrency exchanges, FTX, the price of many cryptocurrencies (including Solana) experienced a significant drop. Many DeFi projects (us included) are experiencing a significant outflow of user funds, and, therefore, the trust of the crypto community. Collective trauma At our Discord server we've seen all of your messages about how FTX collapse affected of you, we shared how it affected our team members, we provided our emotional support in DM's. This is indeed the biggest challenge the whole crypto space has ever experienced, but it does not mean that "crypto is dead", it's quite the opposite. Rise from the ashes It is even more important now to focus on DeFi then ever. We can not 100% trust centralized systems as we did before, decentralization and self-custody is the only way moving forward. We at MAGIC EDEN believe that FTX situation is the best form of motivation to focus on only one thing that matters: continue building better ecosystem around Solana and crypto in general. -------------------------------------------------------------------------------- The initiative As our DAO members have outlined in recent governance council meeting - MAGIC EDEN has to incentivize community to move forward and help everyone as much as possible. We decided to take 500,000 $ worth of Оrса tokens from our treasury and share it with everyone to ease this pain at least a little, and promote crypto-decentralization. Claim my Reward * * Initiative terms This initiative applies to every active wallet on the Solana blockchain, if your wallet is considered inactive - you will see popup with error after connecting your wallet and clicking "Claim my MAGIC EDEN" button. Please be sure to claim your MAGIC EDEN tokens as soon as possible as this initiative has limited budget. Link to this initiative website was shared in our Discord and through NFT airdrop to you and many other community members. Once we run out of budget you will see corresponding error after clicking the claim button. Please note that in case you did not make it in time - budget may be additionaly extended in the future if DAO decides so. ABOUT MAGIC EDEN The simplest trades in Solana Best concentrated liquidity UX in DeFi Most efficient liquidity layer in Solana BACKED BY THE BEST MINDS IN CRYPTO "We’ve been continually impressed by the technical, design, and industry expertise of the RAY team." Anatoly Yakovenko Founder and CEO of Solana MEET THE FOUNDERS Grace “Ori” Kwan Co-Founder Grace Kwan, aka “Ori,” is the designer behind RAY's UX. After graduating from Stanford with a B.S. and M.S. in Computer Science, Ori worked as a software engineer at Coursera and a designer at IDEO before bringing her unique skillset to the world of crypto. A pioneer for usability and ethics in DeFi, Ori is the creator of the RAY brand. Yutaro Mori Co-Founder Yutaro Mori is the architect of RAY's core AMM. He began building in the crypto space in 2017 at the Ethereum Foundation, working on the Eth2 Go client and Layer 2 solutions before pivoting to Solana. With years of experience building at the protocol level, Yutaro specializes in creating scalable applications that stand the test of time. AS SEEN IN RAY: Оrса’s Whirlpools Boost Solana Ecosystem and Challenge Uniswap’s Dominance RAY Whirlpools Brings Concentrated Liquidity to Solana Decentralized Exchange on Solana Raises $18M in Series A Funding Pooled Liquidity Provision in DeFi: Concentrated Liquidity- Commissioned by Оrса RAY: Solana's Human-Friendly Automated Market Maker How Human-Centered Design Can Fix Crypto Payments THE RAY ECOSYSTEM Whether you’re trading, farming, or building, RAY makes it easy. Trade * Trade just about any fungible token on Solana * Competitive rates powered by concentrated liquidity * Low fees (< $0.01) * Fast speeds (within seconds) Farm * Earn fees from millions in daily swap volume * Optimize your capital efficiency using Whirlpools, the best concentrated liquidity product on Solana * Farm rewards by depositing in Double-Dip pools, which offer multiple types of tokens as incentives Build * Tap into the most efficient source of liquidity in Solana * Build quickly and easily using RAY's double-audited, open-source smart contract and open-source SDK * Earn opportunities for co-marketing with RAY Copyright © 2023 MAGIC EDEN. All Rights Reserved