The GTK Trading Competition is now live! When: 23:59 UTC Sunday, January 14, 2024 to 23:59 UTC Wednesday, January 24, 2024 Where: https://t.co/mnaP2F4eJj How: Click here to register https://t.co/oHPo1aWnMV More details in https://t.co/oNSQ9Fr0V1

🔥 Keplr Extension hit a million users! We want to share this excitement with all of you who stayed with us through the rollercoaster of the recent bear market. Keplr wallet has kept evolving to fit the changing needs of users, and it will continue to evolve. 💫 Thanks to…

Any recommendations for a simple Cosmos compatible faucet we can use for Sifchain?

Top Gainers in #Cosmos Ecosystem Last 7D🚀 🥇 $EROWAN @sifchain 🥈 $TORI @TeritoriNetwork 🥉 $IOV @starname_me $ODIN @odinprotocol $PICA @Picasso_Network $IXO @ixoworld $COREUM @CoreumOfficial $STARS @stargazezone $CRE @CrescentHub $QSR @QuasarFi #Cosmonauts @coingecko

Musings on Sifchain currently - please read disclaimer at the end of this thread 1) Cosmos is growing! $ROWAN has grown even more than $OSMO's impressive growth https://t.co/qej6h73mN2 Past performance does not indicate future growth but it's nice to see Rowan adoption

Top Gainers in #Cosmos Ecosystem Last 24H🚀 🥇 $EROWAN @sifchain 🥈 $HUAHUA @ChihuahuaChain 🥉 $CMDX @ComdexOfficial $MEME @MemememeNetwork $ODIN @odinprotocol $DSM @DesmosNetwork $PICA @Picasso_Network $KYVE @KYVENetwork $NTRN @Neutron_org $STRD @stride_zone @coingecko

Another proposal, we stay shipping https://t.co/SEshVlbJo3

Notably, @sifchain stole the spotlight, boasting a remarkable 398% increase, reaching a TVL of $34.8K. Besides, @ChihuahuaChain #TerraClassic @PersistenceOne and @StargazeZone emerged as the top 5 projects with outstanding growth in the past 30 days. 🚀

We'd love to see Sifchain on @mintscanio 's block explorer but that's up to @CosmostationVD Rowan is already viewable in certain Cosmostation products but they may need to re-enter the Sifchain validator set and turn on a few process to provide full support How to lobby?

Since this, Rowan's price and Sifchain's TVL have both risen dramatically! Sifchain still has very high APRs: USDC - 391% Atom - 173% AND NOW Osmo - *8,900%* Of course, as more TVL is added, APR will drop No more new rewards for Rowan:Osmo on Osmosis, time to come home

@sifchain pools starting to pick up as they continue with their DEX development. #sifchain $Rowan #DEX #Decentralization #DecentralizedFinance #Cryptocurency #BlockchainInnovation #blockchain

Non-Rowan rewards in Sifchain pools! https://t.co/lAdOO5RgbL USDC rewards at 1200% APR, Atom rewards at 400% APR They'll go down as liquidity is added but will be continuously topped up with interest revenue from GTK

It passed! Now please vote for https://t.co/87S4pW6edH, a slight modification that lets poolers get these non-inflationary liquidity mining rewards in non-Rowan tokens even faster!

Please vote on https://t.co/FZJODBf4rN Which introduces non-inflationary liquidity mining rewards for non-Rowan tokens to Sifchain poolers. Interest from GTK (or yield from other dapp) will be payable to Sifchain poolers

Updates on GTK! - Num trades: 528 - Total Capital Borrowed Long: $1,147,975.7 - Total Capital Borrowed Short: $130,053.68 Not bad considering we just got IBC transactions working as of yesterday New promotional yield for Rowan:Osmo on Osmosis shown below!

And here’s the software proposal! https://t.co/8rvLYY2Sok

New Proposal! https://t.co/E859nYWo2P IBC-GO: version v2 to v4. Cosmos SDK: v0.45.9 to v0.45.16 We’d like the software upgrade proposal up in the next day or so but are starting with a signaling proposal as a test run since this is the first on-chain proposal in a while

*dusts off Twitter account*

We are pleased to report that the testing phase for GTK Margin is progressing efficiently, bolstered by invaluable feedback from our early adopters. As part of our commitment to excellence, we are addressing identified issues and enhancing our platform's features. Specifically, we have added Rowan and Atom as collateral tokens and we are are in the process of integrating of Osmosis Bridge functionality. This will facilitate the import of Axlusdc, Axlusdt, and Axleth tokens, allowing them to function as 'importable' collateral. We greatly appreciate your continued support as we refine our platform. If you would like to be a part of the Early Adopters, then please reach out.

GTK Margin Beta Testing is Live! Great news! 🎉 We've launched Beta testing with our exclusive early adopters today. We are working with a closed group of adopters who are the first to get access to the platform and provide direct feedback to our developers.🚀 If you're interested in joining this closed pioneering group, feel free to DM @idjones. We value unique insights and ideas

Hi everyone! As you are likely aware, we find ourselves facing financial challenges that necessitate a strategic approach in order to adequately appreciate our community, while actively participating in the advancement of our platform. Today, we would like to share a concept of generating LM mining rewards for users. To put it plainly, when a user visits a website, the site owner accumulates advertising revenue through two key mechanisms: Cost Per Thousand Impressions (CPM) and Cost Per Click (CPC). By analyzing the data we have gathered, it becomes evident that this revenue potential is indeed substantial https://docs.google.com/spreadsheets/d/100Sd3qOPgBblPtpev9sPsdHnfsiwv4nPAOBZYIGTtYc/edit#gid=0. Our proposition involves the establishment of a dedicated website where we would allocate a portion of the generated ad revenue towards liquidity mining rewards for the GTK/Sifchain DEX, or even both. Naturally, the question arises as to whether you, as our esteemed community members, would be willing to visit the website and actively engage with the advertisements presented. Should this materialize, and we achieve the projected revenue, we are optimistic about the possibility of offering an Annual Percentage Rate (APR) in our pools that reaches or exceeds 100%, particularly if these pools remain relatively shallow. It goes without saying that achieving this outcome would necessitate a concerted effort from the community to generate substantial traffic towards the website. We cordially invite you to share your thoughts and opinions on this matter. Your valuable input will undoubtedly contribute to shaping the future direction of our platform. 🫡

GTK Margin Platform Beta Test Launch Delayed We regret to inform you that the Wednesday beta test launch is being delayed due to unforeseen issues that have since come up. We apologize for any inconvenience caused. We’ll keep you posted on the path to resolution as it becomes apparent to us.

Update to GTK Token Our team has been working diligently to ensure that every aspect of this feature is thoroughly tested and secure before making it available to you. While we initially aimed for an optimistic weekend early next week launch, it is important for us to prioritize the reliability and performance of Auto-hedging, which has led us to set the more realistic target for mid next week. This additional time will allow us to address any potential issues and provide you with the seamless and efficient experience. Thank you for your understanding, and we look forward to having you join us soon. Beta Launch Phase – User feedback We will be launching in Beta. This is a live platform and give users a chance to trade and match. We will provide you with a document which you can use to capture your actions. Our dev’s will be on standby in order to facilitate any feedback, issues questions you may have. Be an Early Adopter Please get in touch with @idjones if you are interested in joining in the Early Adopters Group. We’ll keep you posted as we draw nearer the time🫡

GTK Trading Platform launch news and other exciting updates Trading Platform We're nearing completion of our setup, with the final task being the implementation and testing of the auto-hedging component for Matchers to safely lend interest accrued capital. Once it's tested and functioning optimally, we'll be ready to start trading on the GTK platform. We expect this to be complete by hopefully Friday or early next week, depending on how testing goes. If you are interested in being an early adopter with the platform, please reach out to @idjones Here is a reminder of the exciting key elements to our GTK Trading Platform and why we think it’s going to be a hit. - 100x Leverage: Our innovative platform allows you to go long or short with 100x leverage on any asset. - Auto hedging: This feature will automatically hedge on DYDX, protecting against directional exposure. - Limit orders / Stop Loss / Take profit: Traders can take advantage of being able to trade smarter with protection. - Expanded token list: We have expanded our token list for collateral and target, giving traders more options to work with. - Request to close: We have added the ability to request to close a trade as a lender, providing more control and flexibility to our users. - Analytics page: We have added an analytics page to show the usage of our platform and give traders valuable insights. If you are interested in reading about the platform and how it will work, please read our documentation here https://gtk-1.gitbook.io/gtk-user-documentation/ (feedback welcome). In other news – soon to be launched - ERC-20 GTK Token Launch - We are excited to tell you that we will be launching our very own ERC-20 GTK token on the Ethereum blockchain. Users will be able to buy, sell and pool GTK tokens via Uniswap. More detail coming soon - GTK Staking & Information Website - We have almost completed building a great website in which users will be able to stake the GTK token and collect rewards). More details coming soon - Branding - It's a work in progress but progress we are making. As part of our new website, we are iterating on a new branding palette Lots going on! Thank you for your patience and support. We really appreciate it during this exciting and busy phase.

Requesting feedback from our GTK Documentation: We're inviting anyone interested to take a deep dive into our documentation and provide us with your valuable feedback. We believe that our community is our greatest asset, and we would love to hear your thoughts on these developments. This is a fantastic opportunity to get involved and contribute to our growing community. Your insights will help us refine and improve our documentation, ensuring it meets the needs and expectations of our users. You can find it here: https://gtk-1.gitbook.io/gtk-user-documentation/ We appreciate your time and look forward to hearing your thoughts. Let's continue to build something amazing together! Please provide your feedback in the comment to this post.

Hop Aboard Early: GTK Trading Platform Ready for Takeoff! Great news! Our innovative GTK Trading platform is nearing its much-anticipated launch. This unique platform offers significant trading enhancements such as a powerful x100 leverage, allowing you to make the most of market fluctuations. Coupled with our advanced Matcher autohedging capabilities, you're offered an exceptional combination of opportunity and security over your transactions. As we prepare for this exciting roll-out, we're looking for a select group of early adopters. This opportunity offers a rare chance to experience this pioneering platform before it becomes widely available, providing you with a distinct edge in your trading activities. For those interested in this exclusive opportunity, please reach out to @idjones, who is expertly handling all coordination. We look forward to embarking on this exciting journey together.

Hey everyone! A quick update on the most relevant topics: Update on IBC Relayer and Infrastructure Fix - We are Progressing We wanted to share a more detailed update on our efforts to improve the IBC functionality and re-enable IBC connections for token access, and assure you that addressing this issue remains a priority for us. Here's what's happening: New Testing Environment Infrastructure: Our team is actively working on resolving the Integration and Testnet environment blockers which is essentially around replacing the current infrastructure. It is taking longer than we envisioned so apologies for that. Focus on IBC upgrade: With a prioritized emphasis on IBC improvements, we aim to make the new Testnet environment fully functional across all aspects, ultimately achieving a more robust and reliable infrastructure. We appreciate your patience and understanding as we continue working diligently to resolve these issues. We'll keep you informed of our progress.

Hi everyone! We would like to inform you that we are aware of the ongoing challenges with exporting ERC20 tokens and are actively working towards a swift resolution. We understand the significance of this matter and assure you that our team is fully committed to addressing this concern. If you are currently encountering difficulties with withdrawing ERC20 tokens, we kindly request that you contact @idjones, through direct message. @idjones will provide the necessary assistance to resolve the issue and facilitate your withdrawal. As we work towards resolving this matter, we advise you to remain vigilant of any fraudulent activity. Please note that @idjones will never initiate private conversation with you, request any fund transfers, or ask you to follow any external links. We appreciate your patience and understanding during this time, and we will continue to update you on any further developments. Thank you for being a valued member of our community!

Regular updates, addressing testing constraints & IBC relayer update As we continue our efforts to improve the functionality and reliability of our platform, we want to update the community on some issues are facing and the proposed solutions we have in place. Moving forward we are committing to providing regular updates in the usual channels. For transparency, our testing environments and CI/CD pipeline have been experiencing technical difficulties. These constraints are specifically preventing us from updating the IBC relayer protocol which is in play right now. We are currently in development to fix the blockers which will allow for more efficiency in deployment of functionality. In the short term it will enable us to update the IBC relayers, and re-enable key IBC connections to allow some of our users to access their tokens that are currently stuck. We are committed to resolving these issues and appreciate your patience and support as we work towards achieving our goals.

Hi all! Appreciate your ongoing support. In the last couple of weeks we've been working in a stealth mode and have given quite little updates for you guys, but today we have something tasty to please your appetite :) A quick reminder... What is GTK? GTK is the platform, which offers deep margin using any available on-chain asset as collateral to trade any asset listed on a reliable oracle. To be more specific: For Traders - Allow traders to long or short any asset with a reliable oracle - Allow traders to use any available on-chain asset as collateral - Allow traders access to a large lending market for robust leverage opportunities - Allow traders to control when their positions open or close - With limit orders, stop losses, take profits, and manual overrides For Lenders - Allow lenders to provide a lending market for every available on-chain asset - Allow lenders to enjoy high interest opportunities through concentrated lending Check out our demo and twitter thread for more details https://twitter.com/sifchain/status/1635796105517744129?s=20 This project can be launched and iterated on more quickly than most cryptocurrency applications, because key components of the system will run off-chain (though application state will be frequently stored on-chain in transaction memo fields). Such architecture has been used for a few off-chain relayer protocols like 0x but is underutilized in today’s market. Because it uses off-chain processing, it can be deployed relatively quickly to other chains as well. We’re eying BNBChain and Arbitrium as potential next destinations. What's the current status of development ? Fresh from the dev cave: we do have the UI officially up https://gtk-margin.com/. At this particular iteration, named Level 0, we have the following abilities: - Traders. - Create market orders. - Create limit orders. - Long or short. - Set stop losses and take profits. - Lenders (Matchers). - Deposit or withdraw lending (matching) capital. - Request capital back in 7 days (gives trader 7 days to exit their position). - Earn interest from trades. - During L0, the app is available to use only for the whitelisted users. Also, it only supports USDC, USDT, and ETH as collateral, and BTC, ETH, Juno, Rowan, ICP, Atom, TRX, and BNB as target tokens. The collateral and target tokens were chosen somewhat arbitrarily, additional token requests are welcome but the total list will need to be relatively short during testing. Traders also have an automatic take profit set for 100%; trades cannot get higher gains that that (minus fees). A key feature of the application is that lending capital is done through making two trades (one matching trade which is a countertrade to a trader’s trade and one other hedge trade which is in the same direction as a trader’s trade on another exchange). Executing a hedge automatically on another platform when your match deposit is used for a countertrade on GTK requires external software. We’re working on an autohedging feature that will trigger a hedging trade for matchers/lenders on other exchanges without external software but until that is done, we do not recommend non-programmers to deposit liquidity through matching (though trades should be fine). Moreover, the project is in very early days so we also don’t recommend executing trades with large amounts of capital. Large trades may not be matched due to limited lending/matching capital (in which case they’ll stay in pending for a while). Once we hit L2, we expect the protocol will be usable by average users for lending/matching and trading. Key features for L1 and L2 include: - Import and export tokens for Sifchain (for now, this would need to be done through the standard Sifchain UX like https://sifchain.akask.pro). - Further decentralization of protocol wallet hosting. - Auto hedging. - Copy trading. - Automatic interest dispersal to key liquidity pools or other addresses of interest outside of matchers/lenders. - Deployment on a second chain. - Deployment of GTK token. - Audit.

UPDATE: Hi Everyone, The Sifchain Client revival discussion period has passed since a few days on respective CommonWealth forums of Sentinel, Comdex and Gravity Bridge. There have been no issues reported with our proposals by anyone so far. Our next steps: - To post a Comdex Client revival proposal on Sifchain CommonWealth to gauge communuty sentiments. If there are no major issues seen during the discussion period, we will post Comdex Client revival onchain proposal on Sifchain. NOTE: Team is doing final integrations tests, once things look good, The proposal should go live on CW first. -We will also be posting Sifchain Client revival onchain proposals on Sentinel, Comdex and Gravity Bridge chain for their communities to vote, upon passing of these proposals, users will be able to move the tokens from and to Sifchain and Comdex, Sentinel and Gravity Bridge chain. Links to CommonWealth proposals: https://commonwealth.im/sentinel/discussion/10421-sifchain-client-update-proposal https://commonwealth.im/comdex/discussion/10422-sifchain-client-update-proposal https://commonwealth.im/gravity-bridge/discussion/10423-sifchain-client-update-proposal

UPDATE for the community: Team has made Sifchain Client Update discussion posts on Sentinel, Comdex and Gravity Bridge Commonwealth pages. Here are the links to the pages. We will now wait for few days to gauge the community sentiments of respective communities. More updates will be shared in coming days. https://commonwealth.im/sentinel/discussion/10421-sifchain-client-update-proposal https://commonwealth.im/comdex/discussion/10422-sifchain-client-update-proposal https://commonwealth.im/gravity-bridge/discussion/10423-sifchain-client-update-proposal

The devs have created new IBC clients and set up relayers for Sifchain, Comdex, Gravity and Sentinel. Next step is to get the governance proposals out.

Sneak peek of the rumored new margin product!

Anyone looking to join sifchain on discord: https://discord.gg/sifchain-network

UPDATE from the team: We're currently syncing our Comdex, G-bridge, Sentinel and Sif rpc nodes. We'll create new clients on each chain. Once we have new client ID- we will post the IBC revive client proposal to the respective Commonwealth / forum to gauge the community sentiment. After the discussion period, onchain prop to revive IBC client to respective chains will be made. Upon passing, the IBC functionality should be restored.

Harbor protocol did an airdrop to the Sifchain community which is nearing its deadline, i.e., on 26 February! Read here to learn how to claim: https://t.co/870i0jmIdv Click here to claim the airdrop: https://t.co/sKgqjcSSJV

Functionality for Sifchain's UI at https://sifchain.akash.pro/ including swapping, pooling, checking balances, and more has been restored after an update to https://rpc.sifchain.finance/ and https://api.sifchain.finance/ ! Margin functionality is still unavailable in the UI but can be accessed via the CLI. At the moment, liquidity mining rewards are set to 0 but governance may update this Thanks for your patience with us and let us know if you run into any issues. Stay tuned for further maintenance updates for Sifchain!

Please standby as we cycle our API and RPC endpoints. During this time, balances and TVL may not load on https://sifchain-dex.forbole.com We will announce when this change has been completed

Hi everyone, we think it's time to address a few recent concerns with the project. First, while the main FE selector is down, please use https://t.co/ELEL2rDHDZ or https://t.co/C6dM4Kxa3j Neither of the above FEs contain the margin UX although it is accessible via CLI

Margin is back on Sifchain! Long $ATOM, $USDC, or $ROWAN, using any of them as collateral on https://t.co/9sINkhNaSJ

From Jazzy: About the 90 day plan Yeah the community response to the GEM deal wasn’t what I was expecting at all. I didn’t know about that one article or that so many of their investments performed poorly. I will say we definitely were concerned with the strictness of some of their terms were but we knew that going in and even a few people who complained about the deal on discord knew about some of them before we shared things publicly. It still can be useful, but definitely not in a case where the token metrics are too low and there is too much negativity from other market participants. We’re looking at other financing options at the moment. Yeah it’s probably time to increase the margin interest rates to get more yield from current margin positions. We should have a tweet announcing margin is back up in about two days. Bucky and I have a chat with a potential major liquidity provider next week who may be able to help. Otherwise, we just need more organic growth. How the admin while it is handled this up to Friedqi, I think he clarified a lot on the last call. Neither of us are attached to it. Yeah there are definitely other funding conversations, I talk to Bucky like every day

Updated again to 0.05% (swap fees) in anticipation of reopening of margin.

Hi all, The dynamic swap fee has been removed. Swaps will now incur a flat fee of 0.3% for ROWAN based swaps and a flat fee of 0.6% for TKN:TKN swaps.

Hi all, The most recent software upgrade, which enables asymmetric liquidity adds, is now fully live! A few things to note: - Users are now able to add liquidity symmetrically & asymmetrically - Users will now see more obvious swap fees in the swap modal and when adding liquidity. There will be subsequent updates & announcements coming to dynamic swap fees, where these will be reduced substantially.

Sifchain supporters, prepare to get your $HARBOR airdrop!

We are pleased to announce that GEM Digital Limited (GEM), a Bahamas-based digital asset investment firm that sources, structures and invests in utility tokens listed on over 30 CEXs and DEXs, has provided Sifchain with an investment commitment of up to US$25 million. We will need to optimize the stability and success of Sifchain to maximize the value of this opportunity. Stay tuned for more

TOP PROJECTS ON #COSMOS ECOSYSTEM BY WEEKLY TOTAL TXS Let's shout out to the top projects in the last 30D below 👇 @Umee_CrossChain @BandProtocol @TeamKujira @osmosiszone @stride_zone @sifchain @cosmoshub @axelarcore #ATOM $ATOM

Hi all, An update on the next software deployment: - Features: 1) Enable asymmetric liquidity adds. 2) UI updates on more clearly showcasing: a) Swap Fee amount during swaps and b) Swap fee amount when doing a liquidity add (especially important during asymmetrical liquidity adds) - Timing: Proposal raised. Eta live in 1 day, 22 hours, 53 minutes from now