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wintermute selling fartcoin at 20 cents is like when germany sold bitcoin at $40k
Spot oracles are cool, but have you heard about predictive oracles? $LINK $ALLO
“Your total is $40.57. Will that be cash, credit, or USDT USDC TUSD USDP FRAX BSD FDUSD PYUSD EURC USDD USDR USDS USDJ USDK USDM USDF USDE USDSC USDTB USDX USDO USDB AUSD AUSDN CUSD OUSDX RUSOC GUSD MIM FEI HBD MONE EURE EUSD ZUSD YUSD FLEXUSD TRYB XSGD SUSD SEUR SGBP SUPY SAUD…
It's both those things and more. There's no money onchain yet. I love DeFi but it has $120B in TVL right now. Servicing that alone is not enough to really push LINK valuation that far. It ALL comes down to RWAs coming onchain and at how fast they do it. That's when LINK starts…
cardano raised $62m 0 revenue 1 tps entire “ecosystem” is basically one dex and one lending protocol that maybe 7 people use per day literally a ghost chain, just guarded by an illiterate cult at the gates it sits at a $21b fdv 'fixed supply' yet 18% is still not in…
internet computer raised $167m another ghost chain its first binance candle opened at a $1.3t fdv highest tvl ($6m) on the network comes from a place called “icpswap” 99% of all activity on the chain comes from spam bot voting txs from that sns dao nonsense only remaining…
JUST IN: 🇺🇸 US banking regulator says banks can hold crypto to pay blockchain network fees, Bloomberg reports.
fartcoin at a quarter chainlink anywhere sub $15 BTC spot you kinda can’t miss rn, and fuck you if you don’t have a LTF mentality. weakling
there is no tech like allora might take a while for market to catch up to that and AI/crypto speculation to come back might also take a while for devs to even understand what they can build with allora also bear market incoming > good times coming for slow steady $ALLO…
With @AlloraNetwork, we’ve built an incredibly complex system. And it is simply unbelievable to have gone from the early sketches, derivations, Python notebooks, LaTeX drafts and whatnot to a complete network that behaves exactly like those early simulations. Unleash the Kraken!
Penned this a few months ago because volatile days to the downside, like Friday, are inevitable and most of the market seems unaware the risk these assets pose. A lot of the discourse back and forth over the weekend further demonstrates this. Many products across DeFi have…
Increasingly feel we collectively need to dump the term “yield-bearing stablecoin” ASAP. It’s more pernicious than RWA is for digital/onchain assets (implying digital/onchain assets aren’t “real”). The primary feature of a stablecoin is STABILITY + interchangeability with fiat.…
Hey there guys, I wish I could tell you everything I know about $ALLO but I can’t because you would never believe me So I shall just leave you with this: Tomorrow is going to be the happiest day of your life.
Moonwell was using a delisted market rate feed for a low liqudity and low volume asset, rsETH. It's not even listed on the Chainlink docs page. The proper implementation would have been to use the exchange rate which is both: A) Actually listed on the docs page…
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