Crypto Prachit
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@CryptoPrachit
Crypto YouTuber | BD @BitMartExchange | BD @Victusglobal | Fundraiser for Tokens | DM for Podcast 📩
🇮🇷 Iran says it's not charging tolls for Strait of Hormuz transit. Just a fee for "safe navigation services." This is the oldest sovereign revenue trick in the book. Rubio called it 2 weeks ago almost word for word. You can't charge for passage under international law (under UNCLOS Article 26). You can absolutely charge for the service of making passage safe though. Different word. Same money. 😒
🇮🇷 Iran says it's not charging tolls for Strait of Hormuz transit. Just a fee for "safe navigation services." This is the oldest sovereign revenue trick in the book. Rubio called it 2 weeks ago almost word for word. You can't charge for passage under international law (under UNCLOS Article 26). You can absolutely charge for the service of making passage safe though. Different word. Same money. 😒
RECAP: Trump's stuck between a rock and a hard place, trying to come up with a peace agreement that Iran and Israel will accept and that he can sell as a win to the American public. Iran says the nuclear issues aren't on the table yet, the agreement must include an end to fighting in Lebanon, and that tolls won't be charged on the Strait of Hormuz... just a fee for making sure it's safe to cross. It's literally the arsonist offering fire insurance. Netanyahu's insisting nuclear issues have to be part of the agreement and that they also have to be able to attack Lebanon as and when they see fit. If the "ceasefire" is anything to go by, that pretty much means on a daily basis. Turns out, the negotiations look a lot more like Israel and Iran are in the driving seat rather than Trump. Maybe that's why he's told his negotiating team not to rush an agreement, giving them several more days. At this rate, they'll still be negotiating by the midterms.
🇮🇷 Iran's Foreign Ministry says it is not charging tolls on the Strait of Hormuz. It is charging an "environmental protection fee." "There are no tolls and will be no tolls in the Strait of Hormuz, but ships will have to pay an environmental protection fee in a joint system set up by Iran and Oman."
.. Masisve!! @saturn_credit has surpassed $200 million in Total Value Locked (TVL) just 44 days after launch. Thiz level of growth, especially within such a short timeframe, reflects strong demand for structured onchain digital credit and growing momentum around the STRCFi narrative powered by $STRC. Reaching this milestone in under 45 days is a significant achievement by DeFi standards considering the current market condition. It highlights not only strong product market fit, but also efficient execution, capital efficiency, and increasing confidence in Saturn’s structured credit infrastructure. This growth has been supported by a series of important developments across the Saturn and Strata ecosystem: ➤➤ Over $10 million of Strategy Inc.’s $STRC high yield credit was successfully structured into Saturn’s USDat market through a dual tranche model featuring: Senior USDat with fixed 7.8% USD yield and principal protection Junior USDat with leveraged exposure to $STRC performance as first loss capital •➤➤ Launch of competitive yield opportunities, including 20%+ APY on Ethena USDe on Ethereum through integrations powered by Pendle and Aave • ➤➤ Expanded liquidity and distribution through infrastructure integrations such as Morpho markets, including PT srUSDat/USDC pools Together, these developments have strengthened liquidity, composability, and user participation across the ecosystem. A major acknowledgment goes to the Saturn Credit teams for their execution, consistency, and long term vision. Over the past months, they have demonstrated the ability to bring sophisticated structured credit products fully onchain while maintaining strong transparency and risk management standards. Congratulations to the entire team on reaching this milestone. @ellisp_osborn @Rk_saturn @kevinlhr88
