Float (@float) • Hey
The simplest way to get leverage.
Arctic = v2.
Don't get scammed – there is no FLT token.
Pledge yourself to the Arbtic Games – links.float.capital/ag-
Publications
- Bonjour frens.
Who’s at @ethcc this week? 🇫🇷 🥖 👀
@moose.lens , @denham.lens , @woosung.lens & @apmorgan.lens will be at attending #ETHCC.
Give 'em a shout if you’re around and want to meet up for a cheeky bezza. 🍻
- Really awesome podcast session with @GRTiQ, had a lot of fun and spoke about some saucy things in the space. 💫
https://www.grtiq.com/podcast/
- Now that the Arbtic Games are wrapped, we have a present for you.
The Arbtic Games testnet, live on Polygon’s Mumbai. Come play with the closed access features that were shipped for the Arbtic Games.
Remember to let us know what you think in the Discord.
https://float.capital/app/markets
- After days of battle, the new Arctic Champions are here. Ranked by testnet PnL, here are the winners of the Arbtic Games:
1st, with 160.84%, @xnova.lens wins 2,250 DAI
2nd, with 93.06%, forrich.eth wins 1,000 DAI
3rd, with 89.94%, 0x50a120029683AC4dc0e0dd36e4634A806fef8Ef3 wins 350 DAI
4th, with 84.46%, @driptile.lens wins 50 DAI
5th with 79.85%, showti.eth wins 50 DAI
6th with 73.52%, iamzaytsev.eth wins 50 DAI
7th with 71.09%, @0_123.lens wins 50 DAI
8th with 53.93%, zksyncairdrop.eth wins 50 DAI
9th with 52.61%, 0x4eF72636664E3348791357588b7d3BF61d29f4DF wins 50 DAI
10th with 52.43%, 0x32a.eth wins 50 DAI
The overall top 10, the DegenScore Beacons top 10, and @pooltogether.lens top 10, will all receive unique NFTs. Plus, everyone who competed will get a participation NFT.
Remember, being a Gladiator is really hard. We always honour our bottom three Gladiators. They will receive 25 DAI each and a special NFT. But remember, the real prize is the frens we made along the way.
Through this round we've been able to generate an incredible amount of data. We owe our Gladiators a huge thanks.
The team is going back into building mode for a little while. We can’t wait to show you what’s coming next.
- The Arbtic Games are closed.
It’s been an intense few days.
Our Gladiators have gone all out and generated incredibly valuable data for buidling Float Arctic.
The team is doing a final analysis on the trading accounts to validate that everyone followed the rules. The official winners will be announced tomorrow, and prizes will be sent shortly afterwards.
What prizes?
Everyone who interacted with the competition contracts three or more times will get a participation NFT. The top 10 overall Gladiators will received DAI prizes and NFTs. The top 10 users from each community will receive unique NFTs.
The bottom three overall Gladiators will receive an NFT and a smol DAI prize, because statistically it is just as unlikely to come last as it is to come first.
Huge thanks to everyone who pledged, raided and gladiated.
- Gm @pooltogether.lens fam. Less than 24 hours remain of the Arbtic Games. Do you have what it takes to reach the top of the Pooly leaderboard? Or is @nelsonrodmar.lens going to claim the number 1 NFT?
- GM frens.
Only 48 hours remain in the Arbtic Games. Our Gladiators have been working day and night to enter the ranks of the Arctic Champions.
Today's top performing Gladiators are:
🥇 0x4f2, holding a major lead from Friday, +89.53%
🥈 showti.eth, with +79.60%
🥉 0x4eF, a hair behind, with +70.05%
Trading closes 29 March at 11:00 UTC. Still time to trade if you haven't yet.
- **It’s time for the Arbtic Games. 💙❄️🚢 🧡**
Gladiators have been selected, contracts have been deployed and testnet tokens have been airdropped on Arbitrum Goerli.
That includes all POOL holders, Pooly supporters and PFers, and everyone who collected the @pooltogether.lens post, so long as you pledged yourselves to the Games.
Gladiators have one goal: get the highest testnet PnL by 29 March. Follow the rules, and use any asset or strategy to achieve this goal.
We'll share daily updates until then.
May the markets be in your favour.
- **THE ARBTIC GLADIATORS HAVE BEEN CHOSEN!**
Congrats to all the new Gladiatooors. Head to the Discord to claim your new role.
The Arbtic Games will begin on Monday, 20 March, at 11:00 UTC, only on Arbitrum Goerli.
Remember – *you have to trade within the first 48 hours*, or you'll get kicked.
On Monday at 14:00 UTC we'll be holding a briefing for all new Gladiators. We'll run you through the app and get you ready for battle. RSVP in the Discord to get reminded.
May the markets be in your favor.
https://discord.com/events/811225628346286122/1085201016351367328
- **The snapshot for Arbtic Pledgooors has been taken.**
Hundreds have pledged. Few will become Arbtic Gladiatooors and compete for eternal glory in the Arbtic Games on Arbitrum Goerli.
Gladiatooors will be announced in Discord soon. Keep your notifications on to receive updates.
The Arbtic Games will commence on March 20, 11:00 UTC.
- Less than 24 hours left to pledge yourself to the Arbtic Games.
Pledges close 11:00 UTC on 17 March. The games begin 11:00 UTC, 20 March. You'll be using the most powerful version of Float Arctic yet. We've shipped 20x faster transaction speeds, DOGE and BNB markets, and the long awaited automated buy orders. 🔥🔥🔥🔥
We're also launching community leaderboards, so you can see whether your community trades best. We'll announce the full list of communities soon.
Until then, better get pledging.
links.float.capital/ag-pledge-l
- 📣 Attention swimmers! 📣
We heard you like No Loss?
Join us for the **Arbtic Games**! A testnet trading competition on Arbitrum Goerli hosted by @float.lens ❄️ 🚢
The first 200 Lens Frens to collect this post, and successfully pledge will receive guaranteed access.
1️⃣ Collect this post
2️⃣ Pledge here: https://links.float.capital/ag-pledge-t
3️⃣ Wait for the games to begin on March 17
Learn more + Terms & Conditions: https://docs.float.capital/docs/arctic-comp-rules/
Poolers will have their very own leaderboard built into the Float UI and compete with communities like @lensprotocol and others 🌊🏆
- Love the Aave logo in the t-shirt 👻
- 📣 Attention swimmers! 📣
We heard you like No Loss?
Join us for the **Arbtic Games**! A testnet trading competition on Arbitrum Goerli hosted by @float.lens ❄️ 🚢
The first 200 Lens Frens to collect this post, and successfully pledge will receive guaranteed access.
1️⃣ Collect this post
2️⃣ Pledge here: https://links.float.capital/ag-pledge-t
3️⃣ Wait for the games to begin on March 17
Learn more + Terms & Conditions: https://docs.float.capital/docs/arctic-comp-rules/
Poolers will have their very own leaderboard built into the Float UI and compete with communities like @lensprotocol and others 🌊🏆
- For the next round of our trading competition we've sped up user transactions 20x. To pull this off we've integrated @gelato.lens's new Web3 Functions and RedStone DeFi's on demand oracle services to get price updates on chain, lightning fast.
Tomorrow you can catch Jason, Hilmar from Gelato, and Marcin from RedStone talking about how this new integration is unlocking novel DeFi use cases.
Might even find out how you can get a guaranteed spot in the next round of the Arctic Games. See you there.
https://twitter.com/i/spaces/1mnGeREzLdAJX
- You're pronouncing it wrong, but that's fine. We'll ship it anyway. Expect a DOGE market to trade in the Arbtic Games.
- Time for the Arbtic Games – a free testnet trading competition on Arbitrum Goerli. ❄️ 🚢 💙 🧡
Float Arctic is the simplest way to get leverage. No liquidations. No margins. Perfect exposure.
We’re inviting the Lens family to help us battle test the protocol before a mainnet launch. Selected users will access a testnet Float Arctic and compete for the highest PnL. You’ll help us build the future of DeFi. DAI, rare NFTs, and eternal glory are on the line.
Only a limited number of users can test Float Arctic in the Arbtic Games. Start by becoming an Arbtic Pledgooor at the link below.
Make sure you follow us, and you might get a guaranteed spot in the games.
links.float.capital/ag-pledge-l
- Alrights Lens frens, help us achieve something huge:
If this post gets 1 collect we'll launch the next round of the Arctic Games on Arbitrum Goerli.
If it gets 2 we'll 20x our transaction speeds.
Stretch goal: if it gets 3 we'll ship a Doge market.
- Alright. Say we were to launch the next round of the Arctic Games on Arbitrum. What should we call it?
Like = Round 3
Mirror = the Arbctic Games
Collect = the Arbitrum Expedition
Vote now.
- Float Arbctic.
- Haven't minted that @float.lens follower NFT? NGMI. Probably gonna miss out on something huge. https://lenster.xyz/u/float
- Very nice. @float_shipping's tool for @graphprotocol – Subgraph Uncrashable – just got its own page in the Graph Cookbook.
Tl;dr it lets you build uncrashable subgraphs. This is useful, because if you've ever built subgraphs you'll know they crash more than early space race soviet rockets.
Check it out and get building here:
https://thegraph.com/docs/en/cookbook/subgraph-uncrashable/
- ❄️ 🚢 💙 🧡 ?
- Gm stands for “Good Morgan”.
Say it back. 👇
- Happy belated Valentine's Day frens. Remember – you can't expect a partner to complete you. If you're missing key pieces of yourself, don't try and fill the gaps with someone else. Fill them with Float.
- Let's say you're the ONLY chain we launch Float Arctic on.
What would you be? 👀
Like for Arbitrum. 💙🧡
Comment for Avalanche. 🔺
Mirror for Optimism. (✨🔴_🔴✨)
Collect for Polygon. 💜
- Let's GHOOOOOOO! We are live on Testnet! 👻 gho.xyz
Stay up to date on all things GHO here (and grab the genesis edition collect!)
- Meet the winners of round of the Arctic Games!
The Arctic Games are how we're getting the future of leverage ready for mainnet. You trade. We build.
Our Arctic Gladiators put the latest deployment to the test.
In 1st place is 0xF2e with +126,05%, winning 2,250 $DAI. Plus they have a 10/10 Morgan.
In 2nd place is 0xvale.eth with +116,88%, winning 1,000 $DAI.
Close behind in 3rd place is 0x001 with +102,32%, winning 350 $DAI.
The 4th through to 10th places will each win 50 DAI. View the transactions here: https://polygonscan.com/tx/0x678ab2ca4975df0550c42b87acbb4832250ba97c1dd4b2191ad80d273c87c0dc
All top ten Gladiators have been airdropped a unique NFT with their place in the competition, and every active Gladiator has received a mark of battle participation NFT.
Plus we've sent a surprise 25 DAI consolation prize and cheeky NFT to the bottom three Gladiators.
HUGE congrats and massive thanks to our champion, our top 10, and every user who traded and supported round 2.
Now, it’s time to build.
The Arctic Games will be back for round 3. Bigger prizes, more assets and features, and maybe even a new chain.
See you later Gladiator.
- Round 2 of the Arctic Games is closed.
It's been an intense few days. We've seen some incredible traders, and generated immensely valuable data to help us build Float Arctic.
The Arctic Games are not over.
We'll be seeing you soon for round 3.
- 48 hours of round 2 have passed. The PnL some of our traders are stacking is UNREAL.
Today's leaders are:
@kiril.lens in 1st, +53%
0xf2e in 2nd, +48.1%
zzzero.eth in 3rd, +46.7%
Some of the tradeable assets have seen crazy volatility. 24hr price change in tradeable assets is:
BTC: -0.6%
ETH: -2.2%
MATIC: +7.1%
LINK: 4%
SOL: -3.2%
EUR: -0.29%
The snapshot for active Gladiators has been taken. Addresses that haven't traded yet will be purged, and new Gladiators will be called shorty. Keep an eye on our Discord and enable role notifications. Addresses added today will still have to trade within the next 48 hours.
We've disabled shifting while we investigate a backend bug that's causing the shifted tokens to appear incorrectly. And moving into the weekend we'll be pausing the EUR market, as boring TradFi forex markets only give price updates during business hours.
- Gm Gladiators. It's day 2 of Arctic Games round 2. Gm back and tell us what you're trading today.
- ROUND 2 OF THE ARCTIC GAMES IS LIVE.
Contracts have been deployed and the Arctic Fake Coins and Mumbai MATIC have been airdropped. BTC, ETH, EUR, LINK, MATIC and SOL are all tradeable.
The new Arctic Champions are whoever has the highest PnL on 3 February at 11:00 UTC.
We’ll be sharing daily leaderboard updates, memes and alpha so everyone can follow the carnage. Some features are still in the final phase of testing, so may not be live at deployment. We’ll notify you as they drop.
Arctic Gladiators may commence with battle. Read the rules, remember to make your first trades *within 48 hours*, and proceed to the app.
https://links.float.capital/round2-live
And Arctic Explooorers, don’t feel left out. When we purge inactive Gladiators, you could still get the chance to be chosen. Show us the strength of your pledge by shitposting in the Discord and on social media, and you might improve your chances.
- GM.
Tomorrow at @float.lens we launch round 2 of our trading comp with our first fiat market – EUR / USD, available in 5x, 10x and 20x, long and short.
To say I am excited would be an understatement. Made this visualisation of anticipated trading action.
- The Gladiators for round 2 of the Arctic Games have been chosen. All you wise Lens Frens who collected our last post and completed the pledging process have been chosen.
Make sure you've claimed the Arctic Gladiator role in our Discord and enabled notifications. The competition begins at 11:00 UTC on January 25.
It's about to get wild.
http://discord.gg/float-capital
- We're giving away 50 spots in the Arctic Games, exclusively here on Lenster.
What are the Arctic Games?
Float's trading competition. Become an Arctic Gladiator, test out the new Float Arctic deployment, and compete for DAI prizes, join Float's exclusive NFT collection – the A.P. Morgan Sailing Club.
How to enter?
Step 1: Collect this post – it's only available for 24 hours.
Step 2: Pledge yourself at the link below to get the Arctic Explooorer role in our Discord.
Step 3: Wait.
We'll select 50 of the Lens Frens who collect this post, and give you the Arctic Gladiator role in our Discord on the 24th of January. You'll get added to the private competition channels, and get all the alpha there.
The Arctic Games are a series of testnet trading competitions to battle test Float Arctic. You don't have to put any funds down to compete. If selected, we'll send you everything you need.
Collect fees from this post will help pay for folks who can't afford the pledge transaction.
Round 2 begins on the 25th of January at 11:00 UTC.
links.float.capital/round-2
- Do you even pledge? You've got 4 days left to to join round 2 of the Arctic Games.
Pledge.👇
Pledge.👇
Pledge.👇
https://links.float.capital/round-2
- After many months of building, let's take a second to talk about why the new Arctic deployment from @float.lens is special.
It’s a unique, entirely new type of asset. The evolution of leveraged tokens. Pretty much every other leveraged derivative makes serious trade offs. Arctic leveraged tokens don’t.
Here's my first Lenster thread on why.
The value prop of Float Arctic is simple: Mint leveraged tokens, long or short, at your chosen leverage. Once minted, your position requires no management. No collateral. No margin. No risk of liquidation. You just worry about your entry and exit price.
On top of that it’s the easiest trading leverage could possibly be. Minting, redeeming for DAI, and switching your tokens for any other tokens offered by the protocol — all done with one click.
While Arctic mints leveraged tokens, these aren’t the same as the current leveraged tokens on offer. The Arctic mechanism fixes the major problem behind previous leveraged tokens, without making the compromises that most other leveraged products have to make.
Normally, when choosing a place to get leverage you have to choose between two evils. Basically somewhere on the spectrum between: hard to manage but consistent price exposure and easy to manage but inconsistent price exposure.
Most leveraged products are HARD TO MANAGE. Think leveraging up in a MakerDAO vault, or opening a 20x short on GMX. These are inherently hard to use and carry the massive risk of liquidation. They are only suitable for a small, incredibly sophisticated group of users.
On the other side of the spectrum are early attempts at leveraged tokens. They’ve mostly been offered by centralized exchanges, with some attempts made on chain. They’re leveraged trading on easy mode.
Their incredible USP is leveraged exposure with no management required. You can still get rekt by price movements — it’s leverage after all — but they solved that central problem. Nice hey?
Kinda. They made another compromise — price exposure. They initially deliver e.g. 3x returns, but over time their real leverage can be above or below. They need to rebalance to regain that initial leverage, but in the meantime your payoff curve is unpredictable.
This limits the product.
Investors do not tolerate uncertainty. If the price moves against them and their exposure is higher than expected they will riot. If the price moves in their favour and their exposure is lower than expected they’ll burn your house down.
This problem also affected the @float.lens Alpha. Our core mechanism was floating exposure, where leverage on certain positions could drop based on protocol liquidity. It was a great product, but users just didn’t vibe with inconsistent payoff curves.
Float Arctic does not have this problem. It does not require liquidations or collateral management. And, except in rare edge cases, leverage will remain fixed at the level desired by the user.
There are a ton more advantages like minting and trading fully on chain, way fewer fees than centralized options, and potentially future options to passively LP, but this post is already long enough.
Leverage will always be for sophisticated users only. Arctic will be the easiest place to trade leverage, anywhere, and in doing so will remove at least some of the risks and complexities inherent to the act.
Will share more content on the Arctic mechanism soon. It’s an incredible piece of financial engineering. Arctic will deploy on mainnet in a matter of months. Until then, test out the protocol by joining our trading competition — the Arctic games.
https://links.float.capital/round-2
- Round 2 of the Arctic Games will begin in 7 days. Only six days remain to pledge yourself. Don’t miss out.
The Arctic Games is the testnet trading competition leading up to the launch of Float Arctic.
Float Arctic is first protocol to let you mint and trade leveraged tokens fully on-chain, with no liquidations, in one click.
By getting into the Arctic Games you can test out the protocol ahead of everyone else, AND compete for DAI and NFT prizes.
For round 2 we'll be deploying some brand new features and tradeable assets.
We'll be launching shifting – one click jumping between an open position and any other position in Float Arctic.
We might even throw in some automated market entry and exit functions, and some community specific leaderboards.
Pledge yourself now:
https://links.float.capital/round-2
- HUGE opportunity for DegenScore beacon holders. We’re giving Beacon holders GUARANTEED spots as gladiators in round 2 of the Arctic Games.
How? Pledge yourself to the games and become an Arctic Explooorer. We'll do the rest.
Make sure to use the wallet holding your beacon.
https://links.float.capital/round-2
- Round 2 of the Arctic Games will begin in 7 days. Only six days remain to pledge yourself. Don’t miss out.
The Arctic Games is the testnet trading competition leading up to the launch of Float Arctic.
Float Arctic is first protocol to let you mint and trade leveraged tokens fully on-chain, with no liquidations, in one click.
By getting into the Arctic Games you can test out the protocol ahead of everyone else, AND compete for DAI and NFT prizes.
For round 2 we'll be deploying some brand new features and tradeable assets.
We'll be launching shifting – one click jumping between an open position and any other position in Float Arctic.
We might even throw in some automated market entry and exit functions, and some community specific leaderboards.
Pledge yourself now:
https://links.float.capital/round-2
- Arctic games round 2 is coming.
Be first to test out some of the hottest tech in DeFi, and win prizes and eternal glory as an Arctic Gladiator.
More deets dropping on the crew call tomorrow, 2pm UTC.
RSVP to get reminded.
https://discord.com/events/811225628346286122/1062011467576115201
P.S. #POAP up for grabs.😉
- GM sunshine! 🌻
Say it back.
- Arctic Games round 2 is coming. Become an Arctic gladiator. Test out the hottest new tech in DeFi. Trade your way to eternal glory and grand prizes.
Pledge yourself to the games now:
https://links.float.capital/round-2
- Guess who’s back. Back again. The Arctic Games. Tell your frens.
We're shipping the hottest new tech in DeFi: fixed exposure leverage tokens.
Find out how you can test it before anyone else and win prizes and eternal glory.
Crew call, Thursday, 12 Jan, 2pm UTC.
RSVP to get reminded.
https://discord.com/events/811225628346286122/1062011467576115201
- After a brutal 12 days, the winners of round 1 of the Arctic Games are here. ❄️🚢
The Arctic Gladiators have been fighting to the death to get the highest testnet PnL, and our champions have achieved INCREDIBLE gains.
The winners are:
1. Rusl#5521 +29.03%, winning 2,250 DAI
2. E X O#4265 +27.61%, winning 1,000 DAI
3. Jackpison#2275 +23.67%, winning 350 DAI
In honour of their incredible performance, gladiators ranked 4 through 10 will each win 50 DAI:
4. 0xE24DB2aC421e1645D8d1B4de295bb23b9A93Da6a +22.83%
5. 0xFendiman#3523 +21.33%
6. Nikita Polyakov#1146 +18.33%
7. 0x5CB656D7605D9924C085fC859585F3Ff2F7aD08f +17.31%
8. 0x3890BeB1F106ADa3a33a777Dc6825BBFCe182Eda +16.81%
9. SuperGogu#6990 +14.29%
10. Uncle Bogdan#5559 +13.10%
In addition we've minted special NFTs for the gladiators. Every user who met the minimum threshold of trades has received a participation NFT, and the top 10 traders have all received a unique NFT.
The bottom three gladiators have been sent 25 DAI and their own NFTs as a consolation prize.
Round 1 has helped us generate incredible data. The gladiators were sharing constant feedback for the team, and we're hard at work implementing fixes and new features to build an even better product for round 2.
Round 2 of the Arctic Games will go live in January. It will be even bigger than round 1. Become an Arctic Explooorer in our Discord for a chance to join.
http://discord.gg/float-capital
- Day 1 of the Arctic Games has closed.
Blood has been spilled, shit has been posted, and trades have been made.
Some users are pulling ahead already.
Follow the action in our Discord, or claim your Gladiator role in our Guild. Before it's too late.
https://guild.xyz/float-arctic-games
- The gladiators are here.
100 of you have been chosen.
You will be airdropped Arctic Games testnet tokens and become the first users of Float Arctic.
Claim the Arctic Gladiator role in our Discord for private alpha and announcements.
Big prizes and eternal glory await.
http://discord.gg/float-capital
- 48 hours until the Arctic Games.
24 hours left to pledge yourself.
Are you ready to become an Arctic Gladiator?
https://links.float.capital/ag1t
- Hold up…
Is that a @pooly.lens reference?
Guess the A.P. Morgan Sailing Club loves the @pooltogether.lens fam.
That's why we're gonna greenlist ALL the Polygon wallets holding Pooly lawyers and judges.
Come mint for free this Monday 3PM UTC frens.
https://float.capital/app/ap-morgan-sailing-club?chain=137
- Tbh we spent even more time staring at the contracts for Float Arctic. ❄️🚢