Cryptonics Capital
286 posts
@TheCryptonics
Crypto trading & fund management. Asymmetric returns for private investors. Led by experienced traders who know risk.
An update for Tria Snappers on your vested @useTria rewards. Tria has decided to distribute all remaining vested TRIA rewards today, paid out in USDC at the current token price of $0.02338. If you participated in the Tria Snapper campaign, here is exactly what this means for you and why you are coming out ahead. How rewards were originally structured: The total Tria reward pool was worth $650,000. To calculate how many TRIA tokens each participant would receive, Tria used a 7-day average token price of $0.0194. This is called the TWAP (time-weighted average price). Example: If you qualified for $10,000 worth of rewards, you would have been allocated 514,867 TRIA tokens based on that price. 20% was paid out already: When the token launched, 20% of your allocation was distributed immediately. Example: In our example, that's $2,000 worth of TRIA, already in your wallet. The remaining 80% (411,893 TRIA, worth $8,000 at the 7-day TWAP) was placed in vesting, meaning it would be released gradually over time. What is happening today: Rather than making you wait through the vesting period, Tria has decided to settle all remaining vested amounts right now, in USDC on ETH, at today's token price of $0.02338. Why does the price matter? Because $0.02338 is significantly higher than the $0.0194 TWAP that was used to calculate your original allocation. That difference works entirely in your favor. Example: let's walk through the math. Your 411,893 vested TRIA tokens were originally worth $8,000 at the 7-day TWAP. At today's price of $0.02338, those same tokens are worth $9,630. That is $1,630 more than what your vested allocation was calculated at, landing in your wallet today, in USDC on ETH, with no waiting and no exposure to future price swings! To summarize what you are actually getting: → Your full vested TRIA amount settled today, not drip-released over a vesting schedule → Paid in USDC on ETH, so the value is locked in – no risk of the token price dropping before you can claim → At a rate ~20% higher than the price used to calculate your original allocation No action is required from you. Tria sent the USDC directly to your wallet today. If you're happy with how this landed, feel free to share it. *The numbers in the example are illustrative – your actual amount depends on your individual allocation, but the logic applies to everyone. You are getting more than originally projected, and you are getting it now.
Financial markets are generally slow during this period. Gold and Silver are soaking up liquidity from other markets. Once Gold and Silver enter a correction (which I expect soon), capital will start rotating into other asset classes. Gold is considered the most liquid asset in the world, yet recent price action suggests otherwise. $10 moves in 1-minute candles are clear evidence. Shallow order books. Few sellers on the ask. Heavy buying pressure on the bid. Most of these buys are algorithmic, which explains why price keeps pushing higher without meaningful pullbacks. Order books are clearly being manipulated. With low supply creating artificial demand, Gold is setting up for a major correction $XAU $XAUUSD #XAUUSD #Gold #xauusd_gold
