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PostTenebras
@PostTenebras2
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SW dev. Stocks and crypto investor. Contributing @Manta_DAO I will never dismiss valid criticism as FUD.
Joined November 2021
@RealYielder The LP is base layer, but you have to stake it in the app layer to get the USDC claims
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Months of building have laid the foundation for the App Layer and Rujira products, and we’re excited to be nearing one of the major milestones, The Merge, expected to go live on February 27th (subject to CosmWasm being live on THORChain mainnet before that date). On this date, users from @RujiraNetwork, @unstake_fi, @Levana_protocol, @TheWinkTeam, and @Fuzion_App can take the first steps toward converting their Merge tokens into $RUJI by locking them into the Merge contract. The supported tokens for the Merge are $KUJI, $rKUJI, $FUZN, $WINK, $NSTK, and $LVN. What does the Merge mean for you, and how can you best prepare? Blog post version available here:
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@TheDesertLynx Largest overhang comes from inflation. 9.4% inflation on 709m tokens ($243m mcap). The burn is negligible compared to inflation. Someone with more insight can explain where it all goes; I can't find a dashboard on it.
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The entire major focus of this press conference was on stablecoins and how great they are (bullish for Ethereum) ETH/BTC: -2% Crypto truly is amazing
🇺🇸 BREAKING: President Trump’s Crypto Czar, David Sacks, believes stablecoins could play a key role in maintaining the global dominance of the US dollar.
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@stackhodler The majority of all stablecoins exist on Ethereum + L2s, and that dominance has not decreased More actual US dollars have been brought onchain to Ethereum ($50B) in the past year than the entire BTC ETF complex ($37B)
@jon_charb Ethereum + L2s have added $50B in stablecoins ($130B+ total) in the past year That's real dollars brought onchain Not a circlejerk of illiquid memes and fake wash trade DEX volumes Ethereum ($50B) has brought in more capital onchain than the entire BTC ETF complex ($37B)
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RT @jackzampolin: Thorchain come back going to be the most hated rally in all of crypto. And I’m going laugh so hard. @codehans1 going to b…
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@nicrypto We got: - Gary fired, pro-crypto SEC chair replacement - Operation Chokepoint ended - SAB 121 repealed, banks can custody crypto - Common sense crypto regulations are coming - Huge push for asset tokenization It hasn't even been 2 weeks, these things take longer than days lol
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@JaguarAnalytics These estimates all ignore the bullish tailwinds from mass deregulation + blanket tax cuts though Obviously in a vacuum, higher import prices are higher prices, duh
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@MikeZaccardi This is a "duh" chart. The bottom 50% at best own a single house they live in. That's it. They're not investors.
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@Curious__J I'm trying to decipher what this post means Are you implying Kujira has anything to do with THORChain's current situation?
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