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tonyler.bsky.social
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@tonyler.bsky.social
Cross-Posting my X content on BlueSky.

Communications Lead @ Cybernetics.
Nolus | ChihuahuaChain
6. What do you think? 💭

Are you considering using Mars to gain exposure to these assets without the risk of being stuck in a CEX? Which assets would you like to see listed soon on @mars_protocol? 🤜 🔴
March 28, 2025 at 10:09 AM
5. What does this all mean? 🤔

It means that everything can be listed on Mars Perps! The core contributors at Mars have been listing new assets rapidly, driving the platform's volume higher.

This increase leads to more $MARS being bought back in the future! 🔥
March 28, 2025 at 10:09 AM
4. Why trade perps on Mars? 🤜🔴

Simply because you don't need to risk your funds in a CEX. Spend 5 minutes sending your funds to Neutron and benefit from:

👉 True ownership
👉 Ability to close positions anytime
👉 Reliable oracle (slinky) - no @HyperliquidX manipulations 😉
March 28, 2025 at 10:09 AM
3. What could go wrong? 🤕

👉 @coinbase going offline = spike in *funding rates.
BUT, it's hard to happen for long and more CEXes could be used.

👉 Slinky going offline.
BUT, it's almost impossible to happen since it's validated by many entities.

*What are funding rates? 👇
x.com/tonyler_/st...
March 28, 2025 at 10:09 AM
2. No DEX liquidity? 😲

DEX liquidity would only be crucial for loans, but since perps are just contracts, the actual assets are not needed.

Perps mean:
✅ betting on prices
🚫 owning tokens
March 28, 2025 at 10:09 AM
1. Perps = Synthetic Assets 🧬

This means that in Perps, the actual underlying assets are not needed. They are merely contracts, serving as bets on prices.

👉 Slinky serves for prices feeds
👉 Coinbase is used for settling the funding rates (more CEXes could be used).
March 28, 2025 at 10:09 AM
18. End of thread 🧵

Thanks a lot for reading.

I hope you found it useful and interesting. Let me know your thoughts on @tokifinance. Also, let me know if there's a topic you'd like me to cover!

I'd be grateful if you supported me with a follow! ❤️
March 26, 2025 at 8:59 AM
17. Utility 🤔

Those who stake their tokens will receive voting power and earn a portion of the protocol's revenue from its users.

Utility = passive income
More users = higher income
March 26, 2025 at 8:59 AM
16. Tokenomics 🪙

👉 10% Airdrop
👉 20% Public Sale
👉 33% Eco fund
👉 20% Team
👉 17% Emissions (liquidity providers rewards)
March 26, 2025 at 8:59 AM
15. When $TOKI? 👀

TOKI's token is estimated to launch in 2025 (where the airdrop to TOKI community will take place). This means that you won't need to farm this for years *cough cough* but for some months. 😉
March 26, 2025 at 8:58 AM
14. What is Project Pax? 🧐

The three largest banks in Japan decided to join this initiative! 🇯🇵

It aims to test the transfer of digital money (stablecoins) worldwide using bank networks and blockchain, making transfers faster and more affordable.
March 26, 2025 at 8:58 AM
13. TOKI + Swift! 🌐

Swift is a global messaging network that facilitates financial transactions between over 11,500 financial institutions. It's what banks use!

How is TOKI blending with this giant protocol of global banking? Through Project Pax👇
March 26, 2025 at 8:58 AM
12. A large-scale platform to deploy cross-chain infrastructure, connecting compliant stablecoins to global blockchains via IBC.

This will offer cross-chain:
👉 credibility
👉 access to financial resources
👉 mainstream adoption in Japan’s banking sector
March 26, 2025 at 8:58 AM
11. What is Progmat? 🤨

Progmat is an initiative led by MUFG (Japan's largest bank) to develop blockchain-based financial infrastructure in Japan. 🇯🇵

It focuses on issuing regulated, trust bank-backed stablecoins and involves over 200 Japanese companies. 🔥
March 26, 2025 at 8:58 AM
10. What's up with the banks? 🤔 👀

The banking system relies on messaging and communications. It would make sense if they focused on products like @tokifinance, right?

TOKI is collaborating with Japanese banks, through the @progmat_en initiative to issue stablecoins.
March 26, 2025 at 8:58 AM
9. What's next?

TOKI's website hints that support for these is on the way:
👉 Optimism
👉 Base, Arbitrum
👉 ZK-rollups
👉 Avalanche
👉 Polygon
👉 Solana
March 26, 2025 at 8:58 AM
8. Contribute & earn! 🪂 💸

Interact with the protocol via transfers or deposits in the pool mentioned above to earn points, redeemable for TOKI tokens later. The campaign is fresh, so jump in early! 👀 🔥

👇 👇 👇
toki.finance/point-program
March 26, 2025 at 8:58 AM
7. Btw, all these are LIVE already! 🤯

After months of testing, the β Mainnet is now live. TOKI has delivered the first IBC bridge between Ethereum and BSC, offering the best way to bridge USDT, USDC and ETH between these chains (more to come).
March 26, 2025 at 8:58 AM
6. End-user benefits thanks to Single-sided unified LPs 🌱

👉 No wrapped tokens - everything everywhere is native
👉 Successful TX on source = Successful bridging to destination
👉 No liquidity fragmentation. Liquidity providers earn higher APY.
March 26, 2025 at 8:58 AM
5. Single-sided unified liquidity pool

This feature is useful for converting a token on Chain A to another on Chain B, such as USDT on Ethereum to USDC on BSC.

While the user could potentially ignore its existence, it offers important benefits! 👇
March 26, 2025 at 8:58 AM
4. The benefits of LCPs x IBC 🌱

By using these open-source and fully open protocols, TOKI is meant to be:
👉 Censorship resistant
👉 Permissionless
👉 Secure
👉 Low cost (minimal gas)
👉 Fast (source chain finality)
March 26, 2025 at 8:58 AM
3. Light Client Proxy 🌉

IBC has proven that the most secure way of bridging is through light clients, but these are too expensive on Ethereum. 🤔

TOKI solves this via LCPs, a combination of:
👉 TEEs: first level of verification
👉 ZK Proofs: further decentralization
March 26, 2025 at 8:58 AM
2. IBC 🛰️

IBC is Cosmos' most successful product and currently the most secure bridging protocol in all of Web3. The problem so far was that it was exclusive to Cosmos SDK chains.

It seems that, thanks to TOKI, the days of IBC exclusivity to Cosmos are over.
March 26, 2025 at 8:58 AM
1. What is TOKI? 🐦

TOKI is a bridge, unlike any we've seen before. The EVM ecosystem has suffered a lot with bridges (exploits & hacks), and the current solutions don't differ much from past architectures.

TOKI introduces something new to the EVM landscape...
March 26, 2025 at 8:58 AM