Typical Crypto Degen, Gaming, and Anime enthusiast. @PharaohExchange @RamsesExchange @kingdomdotone @AvaxHefe @Moats_app
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Equesticle🔺 retweeted
last thing the hacker saw before losing $150k+ to fees
.@PharaohExchange did a great play farming the hacker
there's no ethos for letting the hackers keep all the money they stole.. best thing you can do is take as much as you can from these hackers and feed your community
Its a dog eats dog type of world
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Masterclass.
The Bitget Hacker had millions in $AVAX onchain and was about to dump it (clipping $500k to $900k at a time)
PHAR team dynamically increased their fees so the hacker got away with as little as possible.
Highly unlikely any other trader would've been caught with these increased fees because only huge size at that exact moment would've routed through this pool with the higher fees. Any regular person swapping would've been diverted elsewhere away from high fee pools.
100% of those fees go to $PHAR holders.
Fuck Hackers, Fuck North Korea. If the hack already happened, we should try minimize the theft (we're looking at you @circle) hats off to the PHAR team for doing their part.
Last post I swear on the bitget saga and a clarification.
All we did was increase the MULTIPLIER for our algorithm which increases and decreases fees based on volatility. As an example, Instead of jumping 0.05 each step it might have been 0.2
Here's a video showcasing the fee changes live.
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Equesticle🔺 retweeted
We have brought on @PolyPup to make our Avalanche RWA launchpad its best version yet.
At the same time @DocBadTouch is cooking up an on-chain ponzi that only Time Wonderland could beat.
@Bayo0x building out a secret product to go alongside the new Launchpad.
Rallying the troops for this next push. This is the one 🫡
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Equesticle🔺 retweeted
bullish for #p33
Some bangers from the SEC today:
1) buybacks do not make a commodity token into a security
2) liquid staking tokens for commodities are not securities
sec.gov/about/divisions-offi…
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Equesticle🔺 retweeted
I'll give you 2 easy tokens to deploy capital into and just forget about them.
#p33 - The liquid staking token for @PharaohExchange which is the top DEX on Avalanche accounting for 90% of chain volume
0x26e9dbe75aed331E41272BEcE932Ff1B48926Ca9
$HEFE @AvaxHefe - Community/meme token on Avalanche paired with #p33, $AVAX, $BTC.b, $USDC and soon more RWA
0x18E3605B13F10016901eAC609b9E188CF7c18973
and you can lp them together even on Pharaoh Exchange
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Equesticle🔺 retweeted
My $PHAR Bags are Pumping 🔥
If you bullieve in @avax 🔺 , it's mandatory to own @PharaohExchange🙌
$PHAR TO 1$ SOON🔺✨
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$HEFE gud. Trust the tusks. Beatiful chart, rising floor, Diversifying LPs such as HEFE/BTC.B on @PharaohExchange
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Equesticle🔺 retweeted
I rarely shill coins but PHAR at 1/20th of AERO’s valuation while doing 1/3rd of their fees last week seems cheap
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Equesticle🔺 retweeted
To the people saying "this isnt a flex, this should go to the victims, why are you bragging":
- im highlighting our dynamic fees and our active participation on crypto
- this hacker was going to steal as much as possible this way these tokens ATLEAST went to people that care instead of NK
- if a dexes fees are obligated to return to victims in the case of defi hacks, ill be sure to call them and say they owe the victims millions of dollars hell maybe billions at this point.
Its such a weird take haha, we have ZERO part in this we did not hack or get hacked, we raised our fees to a couple of a percent and people are crying
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Equesticle🔺 retweeted
.@PharaohExchange did a great play farming the hacker
there's no ethos for letting the hackers keep all the money they stole.. best thing you can do is take as much as you can from these hackers and feed your community
Its a dog eats dog type of world
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Equesticle🔺 retweeted
I have to take a moment to talk about what just happened and why @keccakdog and my devs are so amazing.
We work way to much so we are always online. We instantly see the news and know that the hacker has AVAX, and we see that its actually on-chain.
It was pretty obvious selling was going to occur so we turned off fee algorithms that are automatic on these pairs and cranked them manually for the inevitable.
He dumps over the course of 2 hours, we missed some, but captured a massive amount (150k ish in 2 hours).
We really do have the best tech and best devs, because I almost guarantee most dexes would have just sat idle but we saw opportunity for our holders from a bad situation.
Not trying to dunk on anyone I just wanted to commend my devs for all the efforts they put in that make us so nimble and quick to respond to wild situations that happen in our space.
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Equesticle🔺 retweeted
Did the hacker sell a bunch of AVAX? Yes.
Did the top DEX with dynamic fees make him pay an additional 150k in fees for doing so? Yes
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Equesticle🔺 retweeted
Things that never close:
- Crypto Twitter
- The charts
- Pharaoh 🔺
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Equesticle🔺 retweeted
If $PHAR traded at the median valuation of its peers, the token would reprice 4x to 10x overnight.
@PharaohExchange today:
– $3.16M circulating cap generating $1.86M/mo
– 96% gross margin paid out as real yield to $xPHAR
– 2x P/S
Meanwhile:
– Aerodrome: 8x
– Raydium: 16x
– LFJ: 141x
Alpha is staring right at us guys.
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Equesticle🔺 retweeted
The Arena announces RWA launchpad that deploys graduated tokens to Pharaoh Exchange with options to pair tokens with RWAs or other AVAX ecosystem memecoins.
As we approach the release of tradable RWAs on @avax, The Arena is partnering up with @PharaohExchange to release our RWA launchpad!
We expect to have this live as soon as tokenized stocks and commodities are officially live on the chain.
Here’s what to expect:
- Pair tokens with any official RWA offered on Avalanche (no bridging RWAs from other chains)
- All graduated tokens will migrate to Pharaoh DEX for continued trading
- Improved bonding curve so tokens start with a higher marketcap, leading to better distribution and thicker liquidity
- Tax your token from 1-5% with rewards auto distributed to holders in the base token
- Creator fees and LP fees still included for projects to build treasuries and tokens to trade healthier at higher marketcaps
- Pair tokens with other ERC-20 tokens as well, including $ARENA and AVAX ecosystem memecoins
- New UI/UX improvements on The Arena Launchpad
- Arena Champions will be airdropped all bonded tokens as part of the Moats program
We have some projects lining up to launch, but please remember that no pairing is official until you see an announcement from this account.
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Equesticle🔺 retweeted
Seems massive, someone tell me are we bullish?
As we approach the release of tradable RWAs on @avax, The Arena is partnering up with @PharaohExchange to release our RWA launchpad!
We expect to have this live as soon as tokenized stocks and commodities are officially live on the chain.
Here’s what to expect:
- Pair tokens with any official RWA offered on Avalanche (no bridging RWAs from other chains)
- All graduated tokens will migrate to Pharaoh DEX for continued trading
- Improved bonding curve so tokens start with a higher marketcap, leading to better distribution and thicker liquidity
- Tax your token from 1-5% with rewards auto distributed to holders in the base token
- Creator fees and LP fees still included for projects to build treasuries and tokens to trade healthier at higher marketcaps
- Pair tokens with other ERC-20 tokens as well, including $ARENA and AVAX ecosystem memecoins
- New UI/UX improvements on The Arena Launchpad
- Arena Champions will be airdropped all bonded tokens as part of the Moats program
We have some projects lining up to launch, but please remember that no pairing is official until you see an announcement from this account.
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