
Patrick Stanton
3K posts




Some summary points for this weird $STAX saga: 🪙Total $USDC bridged in by the 2 addresses involved: $763k 🪙Total spent pumping their own token: $473k 🪙Total remaining on PulseChain: $290k 🪙Total remaining on Ethereum: $250k $STAX is a pumptires token so has a permanent STAX/PLS pool, but the main pool is STAX/USDC, set up by the deployer. The 'buy addresses' appear to have their PulseX router settings toggled in a way so their buys ONLY go through the USDC > STAX route. This means that every single buy is getting heavily arbed with the PLS pair, and arb bots are making a killing. The two large buys today resulted in arb bots making a minimum of $616 $USDC, a number which has been made worse by these wallets continuing to buy through a single route and making irresponsibly large buys. A single tx we saw last week lost them $900. They're probably down >$10k just from arb bots alone. The main addresses involved own ~95% of the supply between liquid holdings and LP, and hold 90% of the USDC LP. Other token holders are tiny in comparison, nobody else owns >3.5m tokens (~$30k). This is either someone trying to paint their own chart for bragging rights, or one of the weirdest displays of stupidity we've ever seen. If they pulled ALL of their LP right now, and dumped down their entire held supply (effectively rugging all the PLS liquidity), they could exit with around $400k $USDC, meaning they'd be down ~$70k. If they're trying to bait buys for a rugpull, they're doing a shocking job of it by not having ANY social media presence or a Dexscreener profile. It's been a bizzare and intriguing process to watch from the sidelines. Something interesting while PulseChain sits around the lows at least.

I was summoned to a secret location to interview a guest that I have wanted to interview for a while. We had to sign strict NDA’s but we made it happen. The interview was 🔥🔥🔥🔥!! We will release in a day or two when he is out of the location.

Cappy's current status. Only supports ETH and PLS Working Token balances and pricing 24hr historical portfolio pricing Sending tokens + simulation Swaps via @piteasio + simulation Bridging via official bridge, bidirectional Transaction history Approval audits + revocation Trezor + Ledger HW wallet WIP The DeFi tab, will always be a moving target. @LibertySwapFi ? if they are interested Buy via ProveX - partially working Lending, Phiat? What else? WalletConnect (should be easy enough) Token logos (I'm lazy about it rn) NFT's - half done. Mostly just missing art indexing What else do you want to see? $HEX $HDRN native app built in is on my list. @_SigmaProtocol integration ofc. All of that kinda goes into the DeFi tab stuffs.


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Every handgun in the Queensland Police Service is being recalled for urgent testing, after at least three misfired like a fully automatic weapon. The critical fault could trigger a replacement of all 15,000 glocks.



A topic of conversation we see increasingly cropping up now that the #Pulsechain sac funds are in heavy profit: why doesn't @RichardHeartWin put the $ETH into staking/yield-bearing protocols, surely sitting idle is wasted opportunity? We'd argue that holding anything except liquid $ETH this whole time would've exposed the funds to some degree of contract/counter-party risk. It may have also been part of the reason for rotating the $DAI into $ETH in the first place. Can you imagine a world where Richard, who so adamantly denounces "middle man d", throws a casual 3/4 billion dollars worth of assets into someone else's hands? A report by @HalbornSecurity in 2023 showed that 20% of exploits (making up 14.3% of the total value lost) happened in audited protocols, and 33% of 'hacks' were direct contract exploitation. Your thoughts? Does the risk outweigh the potential sweet sweet yield? Would he be a hypocrite if he suddenly threw a massive wad of ETH into @aave?




Harmeet K. Dhillon on Sunday Morning Futures: “We found at least 350,000 dead people currently on voter rolls.”







