@FTX_Official
was just hit with a 150 mil lawsuit in California court. Charges include market manipulation, racketeering, unlicensed securities sale and more.
Turns out trying to liquidate
@newmichwill
is like a large crowd trying to beat Michael Jordan in basketball, except he also owns the stadium, can change the rules, summon objects out of thin air, and invite friends to assist him.
There's been a ton of drops/mints on
@fx_hash_
this past month.
A few might even be
#gralis
I made a Top 10 gallery list on
@0xDecaArt
to highlight the best generative artists on
#tezos
Obligatory $FXS Bull Post
Price has been is the same range for 18 months as the stablecoin market cap has drawn down 50%.
During this time
@fraxfinance
has launched frxETH, FPI, frxGOV, new AMOs, Fraxlend and a ton more. Now with sFRAX we can absorb infinite inflows at IORB
LIVE NOW - Fraxtal: A Frax-Dedicated L2 w/ Sam Kazemian
@samkazemian
and the Frax world have always been one step ahead of the rest of the ecosystem
Frax is a decentralized central bank on Ethereum 🏦
Today,
@fraxfinance
is entering its 3rd dimension of development -- building
Frax turning on the fee switch again changes everything
VeFXS supply will rise, less FXS liquid and on the market
Frax is going to super boost liquidity with the FLE
$400k a week is just the start.. will. Be $1m soon
Starting a thread for all the Fraxtal announcements for
@fraxfinance
Fraxtal is Frax's upcoming L2 that will launch in early February in just a couple of days
Bookmark this to follow this list 📖
@mcuban
When $IRON $TITAN blows up for being seriously undercollateralized, you should come take a look at $FRAX
@fraxfinance
They cloned it without understanding how to maintain it.
No $FRAX clone has ever survived or ever will.
Hi
@CathieDWood
I watched your interview with Art Laffer today and at 36:27 he wonders why no one has built an inflation resistant stablecoin yet.
The good news is that
@fraxfinance
has already built $FPI and it’s been deployed for almost a year now
@FTX_Official
The crux of the plaintiff's argument is that FTX used its position to manipulate BTC prices using momentum ignition algos, with the goal of creating liquidation cascades. After rapidly moving prices, Defendants used multiple loser accounts to benefit a winner account.
@KelseyTuoc
This can't be real. Who in their right mind goes out and admits to everything with intent.
Lawyers going to have a field day with this.
10000% this will be entered as evidence in upcoming trial.
$FRAX is the future of algorithmic stablecoins.
I breakdown why I think $FRAX will overtake $DAI issuance at some point and how $FXS could be worth billions.
@fraxfinance
I took $1000 and added liquidity to every LP supported by the Arbitrum STIP for
@fraxfinance
143 Transactions
Less than $15 in gas
The difference in UI/UX across all the protocols was immense.
Follow the wallet here.
It's happening!
@DavidBCollum
is back for the third year to discuss his mega year in review.
This one resonates a lot more as it was Dave making headlines this year.
3.5 hours is a must listen.
@FTX_Official
conducted an "attack" on Binance's newly launched futures market on Sep 15, 2019. Unfortunately for FTX, Binance prices according to an index, and no positions were liquidated.
Yesterday I made 143 transactions on
@arbitrum
over 4 hours
I split $1000 between 32 different liquidity pools.
It cost $19.12 in gas for an average of $.1337 per transaction
Here's my thoughts on the whole process🤔
Frax has just enabled an infinite money trick
Fraxlend FXB liquidations are not based on DEX pricing!!!
It uses the offchain price of the bond, meaning you can take massive leverage without fear of getting liquidated.
FEW
@FlywheelDeFi
Fraxbonds $FXB Yield is Currently 5.12%....
With a simple Fraxlend looping strategy, you can boost that 5% to 33% 📈
And the whole strategy has little to no chance of liquidation 👀
Let's break it down 👇
$FRAX is about to release it's veFXS controller.
It gives single-sided APY's and also increases governance voting.
Super excited for this and think it will absorb 50% of the current token supply just like the $CRV vaults do.
@BrainLeakage03
Ended up wasted on drugs and booze in my late 20s after Fallujah.
Not really sure how I made it through uni
Was always happier living in the jungle or deep in the mountains.
Can't return to big cities without anxiety
With Eigenday coming soon, inflated yields for LSDs will end and we're going to see a rebalancing back towards the highest APRs.
Frax Ethere is a full 2% higher in yield than any of its competitors.
There is no second best.
@twobitidiot
Pretty sure these are two different classes of uniform.
Dwight is not required to wear all of his medals since he’s not in his class As in the picture
FLOX blockspace incentives are now live on Fraxtal!
Apps, assets, users and contracts will now earn FLOX points from onchain usage.
A new era has begun for
@fraxfinance
The coolest thing about frxETH v2 is its dynamic rates.
No other platform will be able to compete.
@StableScarab
covered this in a recent
@FlywheelDeFi
post. Let's check it out.
Had a great chat with
@qaulv
Paul COO of
@fx_hash_
at ETH Denver.
I was walking through the event space and saw "fxhash" across the event floor. Instantly beelined over and grabbed him for an interview.
Hope you all enjoy it.
@samkazemian
changed his status symbol to $FPI...
Travis working full-time on veFPIS now
$FPIS trading 30% off the lows at 13m MC
$VeFPIS yields going to be in the double digits
Are you ready anon?
It took a while, but I've acquired "The Artist's Right Hand" 1/1 by
@_Evelyn_O_
from
@DrMarkSanchez
With MJ V5 and SD improvements hands are starting to look real.
We're going to look back on this time period with wonder at the random creations made.
@ShadiaMartini
“We know they are lying. They know they are lying. They know that we know they are lying. We know that they know that we know they are lying. And still they continue to lie." —Alexander Solzhenitsyn
Was great to have
@MBRichardson87
on
@leviathan_news
to talk about the upcoming launch of Carbon by
@Bancor
I learned a lot here! Carbon looks like it's going to have some cool features for market makers.
Social media platforms use censorship to control information flows on their network.
"Unaccepted" speech is removed.
@Corpetty
breaks down
@ethstatus
why he is building an encrypted platform for free, private communication.
@LCandoza
@schm7dt
100s? wow. I've submitted maximum 10 apps in my life, most accepted. Build a network, get introduced. The hustle is the relationship, not the position.
Watching Home Alone with my kids and there's no way a movie like that would be made in 2024.
Could you imagine a movie where....
-The "bad" guys are just bad and don't have a backstory that clouds the morality of their actions?
-A stable two parent family with more than 2 kids
This weeks
@flywheelpod
with
@samkazemian
signals one of the biggest shift in stablecoins ever.
For a couple of years $USDC has dominated the stable market. They are the risk free asset in crypto. Sure blacklist risk, but just apart of the game.
But its about to change...
Airdrop users include:
▪️ $veFXS
▪️ cvxFXS/FXS LP
▪️ $vlCVX
▪️ The Llamas NFT
▪️ $cvxFXS
▪️ Solana Genesis holders
▪️ StakeDAO FXS
▪️ cvxFXS airforce union
More information on tokenomics, supply, & airdrop categories % breakdown can be found on our site once live very soon!
The 10-Ks for $SI
@silvergatebank
provide a good look at the health of institutional
#crypto
markets.
TLDR; Digital asset markets (aka
#bitcoin
) are healthy and growing, regardless of price action.
Cosmic Rays by
@mwiederrecht
is an incredible piece where the details get lost in the prerendered photo
Prints go up to 14400x18000 which is enough for 60 inches tall at 300dpi
Check out the
@verse_works
gallery prints in this video 🤯🤯🤯🤯
I recently moved my
@UnificationUND
node from AWS to digital ocean for cheaper cloud computing hosting.
Here is a step by step guide on how you can do the same.
Roughly today marks a month I've been at
@RealTPlatform
as director of BD.
My enthusiasm leading into starting the position was justified.
We are on the bleeding edge of STO issuance on ETH. No one else is doing what RealT has done.
The team is amazing
@TrustlessState
Everything is coming together nicely for Frax in 2023.
🧹USDP basepool means interest income now on the table.
🤫FrxETH v2 is so banger I think it might beat out Lido
🍑Concentrated liq and borrowAMM for Fraxswap
🦞btc eventually
Going to do a round up for next week
Earn FXS incentives on
@fraxfinance
R A deposits.
The fee switch is on for veFXS. 🫡
Earn fees + incentives + boosted FXTL points + RA points.
Only on
#fraxtal
.
@Paragod3
@Scearpo
Workout, then workout more. As you get in shape, try different sports. Judo, MMA, boxing, yoga, cycling, sailing. Just do more of it. Eventually you'll meet other guys who like what you like. If not you get jacked and feel better. Being alone is fine. Especially in wilderness.
It was
@bitfalls
post in LobsterDAO that convinced me to get a treadmill desk.
Sitting in a chair caused some really bad back pains.
I walk about 4 hours daily (10mi). My energy levels are super high, and I sleep a lot better.
Diet plays a big role though. You can't outwalk
Workstation. Helps me spend about 300 extra calories per hour of work and improves my posture. Sometimes I also put on a weight vest when doing low focus work.
Not noisy. Not hard to adapt. Not expensive.
Work healthy.