Yesterday's CLOBv2 was a major release. 235M PUSD have been migrated so far, and a big credit to the team for the months of work that went into it. CLOBv2 is the first step toward fixing the root cause of failed transactions but standalone isn't the final fix for it.
The final fix ships Monday to stop failed transactions. It needed CLOBv2 to land first. Given the scope of the change, it also had to go through a full audit, which is why it's taken a little longer than we'd have liked.
I know how frustrating it is when a trade fails. We're on it. As we've said, we're going to make Polymarket's infrastructure the best in the industry. Bear with us as we continue to improve performance and reliability across the system.
@PolyPup@megaeth > Probably a good idea to get more than one, just saying nfa but fa
> Pledge allegiance to the Bad Bunnz clan on terminal
> Let our team of professionals handle the rest
@3344sats Hmmm I’m not sure what the W4 means. But to me it looks like 9.44% buy tax and sell tax. I still don’t see where it’s a 20% buy tax on buys unless that’s what the W4 means. Tagging @PolyPup so he can chime in
NFTs are starting to make a comeback. The top ETH collections are up near or above 100% in the last 30 days, and bottom buyers of $APESTR and $PNKSTR are feasting because the protocol's NFTs are getting sold resulting in massive buybacks and burns.
If you're not familiar with how these tokens work, there's a 10% buy/sell tax that gets put into a pool. When that pool gets large enough, it will buy the cheapest floor NFT and list it for 20% higher than it was purchased for. When that NFT gets sold, all of the proceeds go toward buying/burning the correlated token.
This design is currently on AVAX under the ticker $SALSTR brought to us by @AVAXStrategies / @PolyPup@AVAXStrategies / $SALSTR has been quietly accumulating over 2% of the @salvor_io NFT collection and currently has a sub 25k marketcap. If Salvor NFTs do a 2x, there is over 300 AVAX that will go into buying and burning a 25K marketcap token. It holds over 1,000 AVAX of NFTs in total. @AVAXStrategies quietly purchased another 17 Salvor NFTs yesterday and it's only a matter of time before the token price reflects the rocket fuel potential that is its treasury of held Salvors waiting to sell.
The bottom is probably in for NFTs which means the bottom is probably in for the only NFT flywheel project on AVAX. $SALSTR. I think a 10x is very very reasonable from these levels once the flywheel gets kickstarted by purchases of it's held Salvor NFTs.
Higher.
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