
Starting to see a little chatter about this, so just to quell it before it gets worse, Alameda hasn't been selling UST and doesn't have any particular plans to. Not investment advice, etc. etc.
AG
80 posts


Starting to see a little chatter about this, so just to quell it before it gets worse, Alameda hasn't been selling UST and doesn't have any particular plans to. Not investment advice, etc. etc.

Pure conjecture, feels like we saw some of the biggest frims engage in unholy warfare yesterday. Stage had been perfectly set; low liq weekend, depeg fears, macro backdrop, corn teasing around key levels, etc. We all know how much [redacted] loves to inittiate a cascade.


Sorry for the delay @CashioApp Cows. Gauges have been synchronized, and the first gauge vote of veCOW has gone through! You'll notice there's four new Quarries from @Saros_Finance. View the full list of liquidity mining rewards here! tribeca.so/#/gov/cow/gaug…






8/ As of now, the Foundation’s remaining reserves consist of the following assets: · 313 $BTC · 39,914 $BNB · 1,973,554 $AVAX · 1,847,079,725 $UST · 222,713,007 $LUNA (of which 221,021,746 is currently staked with validators)



Read this 🧵 to go from 0 to 100 on stablecoin designs and risk 👇

@songadaymann Fee markers ARE coming to Solana, but to solve a different issue. There’s no competition for Blockspace but instead for a specific part of a contract eg a really hot NFT mint might spike it’s fees, but that spike wouldn’t increase fees for, say, a swap on serum


$84m fdv/$34m allocated tokens market cap. seems pretty light all things considering. love the process and giving a material amount of supply out in public sale, the best structured solana ido to date imo.



@KyleSamani I don't think $UST's mechanism design is the USP but rather the products built around it and native demand for it The former can be forked. The latter cannot