mj XRP

4K posts

mj XRP

mj XRP

@cksisiw3

Facts and truth seeker. God fearing and family-centered person. The most important investment is the after life investment which is permanent. #MCGICares Global

Katılım Ocak 2018
571 Takip Edilen186 Takipçiler
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mj XRP
mj XRP@cksisiw3·
This jingle is the embodiment of MCGI. The deeper meaning and application of Eccle 12:13 Now all has been heard; here is the conclusion of the matter: Fear God and keep his commandments, for this is the duty of all mankind. m.youtube.com/watch?v=ETMpeB…
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Dom Kwok | EasyA
Dom Kwok | EasyA@dom_kwok·
just spent the past week in DC. can't share too many details about what was discussed, but here's a high level overview of what i can share: 1/ clarity act the topic du jour, nearly every meeting we had centered around the clarity act. and the battle over clarity is very much still raging, with yield being the major sticking point. right now, it's the banking lobby vs the crypto lobby. the banking lobby wants to restrict stablecoin issuers from offering yield, arguing that it'll cause a flight in deposits as consumers move their money out of their savings accounts into higher-yield stablecoins. while the crypto lobby argues that consumers should have access to yield-bearing crypto products. several high ranking officials care a lot about the clarity act getting passed. i remain optimistic that it gets passed. 2/ securities vs commodities for the first time, the SEC is classifying most crypto assets as digital commodities, not securities. this will finally give investors (both retail and institutional) confidence over what they're investing in and lead to big new inflows of capital into crypto. 3/ SEC and CFTC "pro innovation" mandate meeting with both the SEC and CFTC, it was clear that both bodies want the US to be the home of crypto innovation. paul atkins (SEC chairman) is currently advocating for an "innovation exemption", which would allow crypto startups to operate under a "safe harbor" period. this would allow them to operate without full compliance for a period of time (so long as they meet basic consumer protection standards). big change from the gensler era! 4/ parity act not often discussed by the public, but arguably one of the most important acts to make crypto payments possible in real life. the act ensures that using crypto in daily life wouldn't trigger "capital gains" and that participating in crypto lending doesn't count as an asset "sale". both would significantly further crypto adoption and make it part of everyday life. 5/ securities aren't "securities" for life a token can now start as a security (eg during a fundraise) but lose that status once its network becomes functional or sufficiently distributed. this is a big win for crypto companies, giving young projects flexibility as they evolve. 6/ innovation vs regulation in all of our meetings with the SEC and CFTC, officials made it clear that they want the US to be the home of crypto innovation. whereas in prior administrations, a lack of clear guidelines resulted in a minefield for crypto companies and stifled innovation, this admin has done a 180. big change from the prior "regulation by enforcement" era.
Dom Kwok | EasyA tweet mediaDom Kwok | EasyA tweet media
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mj XRP
mj XRP@cksisiw3·
@krippenreiter I get that but how about for fxrp/stXrp? Does the chart above also applies?
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Krippenreiter
Krippenreiter@krippenreiter·
[🧵] The more people join this pool (through this campaign), the less APR everyone can earn. 🫣 It started with >4k% and already dropped down to 128% and continues to decline over time as new people join in. You always have to keep in mind why you are entering an AMM position and when it is time to exit again. For this you need to keep track of a few things and check impermanent loss from time to time. 👍 What's the first thing I do when depositing funds into the RLUSD/XRP AMM pool? I write down a few things: 1⃣) How much RLUSD did I deposit in total? 2⃣) How much XRP did I deposit in total? 3⃣) How many dollars' worth of XRP and RLUSD did I invest? 4⃣) What was the initial start price of the pair in the pool when I invested? 5⃣) How much XRP did I hold before selling 50% in preparation for my AMM deposit? Why is this important? As the price of the asset pair changes in the pool, you'll have to bear impermanent loss (opportunity costs) as aslong as you don't withdraw from your position. But how do you calculate impermanent loss? 🤓 There are two ways to assess impermanent loss, as you have to compare your own AMM position against a potential clone of yourself who decided NOT to invest. 1⃣) RLUSD & XRP holdings vs. RLUSD/XRP AMM invest This is how you usually calculate your IL, as you know perfectly well how you started (because you wrote the numbers down in the beginning) and compare them to how many dollars' worth of assets you could get out of the pool right now if you were to withdraw right now. The start resembles your clone who decided not to invest but simply to hold his positions in RLUSD and XRP while you are the one who deposited into the AMM. The difference in dollars (either positive, so profit, or negative, so a loss) at any given time is the calculation that matters to find out if you were able to beat impermanent loss. The start price (that you also wrote down in the beginning, remember? 😀) in this case is the moment where you are guaranteed to have 0 impermanent loss, excluding protocol fees, assuming this price will ever be reached again. (usually unlikely) 2⃣) XRP holdings vs. RLUSD/XRP AMM invest This way of looking at impermanent loss assumes that you're generally bearish. Why? 🧐 Because before you even start your deposit into the AMM pool, you've already decided to sell 50% of your XRP worth in dollars to RLUSD in order to later deposit into the AMM pool. So in this scenario your "clone" doesn't hold XRP AND RLUSD but simply XRP and this is the comparison you have to make if you want to assess your impermanent loss situation as a hedging strategy. So ask yourself, how much XRP did I hold and how much dollars worth of XRP did I hold in the beginning (before selling 50%)? 🤔 Now again, the moment you "simulate" a withdraw from the AMM pool, you'll realize that you're either entitled to more or less XRP than what you were holding before jumping into the pool. You will be entitled to MORE XRP if the price of XRP fell in the meantime and will be entitled to LESS XRP if the price of XRP grew over time in contrast to your starting point. So what's the goal? 🤨 It really depends on your situation if you use the AMM as a hedging mechanism for uncertainties to stack more XRP. Or if your only reason to join a pool is to increase your dollar's worth of assets. Orrrr.... if you just want to farm the incentivization campaign. (I won't judge 😉) Obviously you can also just do nothing, which is perfectly valid. AMMs are complicated and very risky. Here is a nice chart that visualizes just how heavy impermanent loss can be in a bullrun or crash scenario while you're invested. 👇😅
Krippenreiter tweet media
First Ledger@First_Ledger

11 days left for the first stake to earn epoch APR: 128% The RLUSD/XRP liquidity pool has grown by over 30% since the launch of this program Stop letting your XRP sit idle — put it to work and earn some yield

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mj XRP
mj XRP@cksisiw3·
@FV887606 Nice can we do lower like upper 50s?
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mj XRP
mj XRP@cksisiw3·
@Ang_Xrp @Kansas1111 @dom_kwok @AmmonSimon Not irrelevant. A simple logic will tell you “hey take a look at their account first”. They will definitely share what they are allowed to share.
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Dom Kwok | EasyA
Dom Kwok | EasyA@dom_kwok·
excellent meeting with the chief counsel of the senate banking committee @AmmonSimon. let’s get the clarity act passed!
Dom Kwok | EasyA tweet media
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mj XRP
mj XRP@cksisiw3·
@KhushieFiji @strivex_ Price is nothing to do as a bridge asset. You can’t fluctuate the price significantly to affect the bridge transaction bec the conversion happens 2-3 sec only.
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Josh Lal
Josh Lal@KhushieFiji·
@strivex_ Problem with XRP being n this case is price fluctuations. XRPL is the best network for cross border but XRP price needs to be more stable and slightly higher
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Ledger Man 🎩
Ledger Man 🎩@strivex_·
MASSIVE: Evernorth CEO Ashees Birla explains that banks can start using $XRP for their transactions just by flipping one switch overnight.
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Doppler Finance
Doppler Finance@doppler_fi·
Your $XRP and $RLUSD can do more in Xaman. Access Doppler directly from @XamanWallet and earn yield on XRP / RLUSD through a seamless xApp flow. No extra setup. No app switching. No unnecessary friction.
Doppler Finance tweet media
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mj XRP
mj XRP@cksisiw3·
@browomo Are you trading in the US via Polymarket?
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Blaze
Blaze@browomo·
Yesterday at 3 AM Claude Code called me I woke up, picked up the phone, and on the screen was a message: "Wallet entered BTC Up at 11 cents. Open Polymarket?" I said yes and went back to sleep Claude Code unlocked my 2nd phone on its own, opened Polymarket, found the right market, entered the amount, and hit Buy. I could see all of it in real time through the web interface on my laptop. Screenshots from the phone updating every second. By morning the position closed in profit Let me tell you how I got here A week ago I asked Claude Code to write a script that pulls on-chain data from Polymarket and ranks wallets by win rate on 15-minute BTC markets In 20 minutes I had a table with hundreds of addresses, and 1 of them stood apart from the rest. More than 200 trades per day, surgical entry precision, and a profit curve going straight up I fed that address back into Claude Code and asked it to break down the strategy. Turns out the wallet monitors BTC volatility on Binance and Bybit every 100 milliseconds, and when it drops below 0.08% it enters Up and Down simultaneously at 25 to 35 cents A pure straddle: 1 side burns and the other flies to a dollar, giving 3 to 4x per position. Dozens of times a day I wanted to follow it but signals came at any hour, and waking up every 15 minutes for a notification was simply impossible. So I built something else Took an old Android phone and installed an agent running on the Qwen3-VL visual model. It sees what is happening on the screen and mimics human actions through ADB: taps, swipes, text input. Then I connected it to Claude Code as the executor Now the chain works like this: Claude Code monitors the wallet, sees a new position, calls me. And if I say "yes" or just do not pick up within 30 seconds, the agent on the phone opens Polymarket on its own and copies the entry Essentially I built myself an autopilot out of 2 AI systems: 1 thinks and the other presses buttons. I just sleep and occasionally pick up the phone → Here is the wallet the whole thing is tracking: @stingo43?via=roovxKu" target="_blank" rel="nofollow noopener">polymarket.com/@stingo43?via=… For those who do not want to build a setup like this there is a Telegram bot that handles the 1st part: tracks this wallet and sends a signal on every new entry: t.me/KreoPolyBot?st… AI calls me at 3 AM to ask permission to spend my money A year ago this would have sounded like schizophrenia. Now it is just Tuesday
Blaze tweet media
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David Roberts
David Roberts@recap_david·
I turned a Zillow listing into a cinematic property renovation video for $15. Realtors pay $200-$1,000 for videos like this. Which means you can build these with AI and sell them to agents for a profit. This is all done with just listing photos and Calico AI. Here's how the system works: → Pull a Zillow listing and download property photos (exterior, living room, bedroom, backyard) → Use Calico to generate a redesigned home in a consistent renovation style (modern flip, luxury upgrade, contemporary reno) → Animate the transformation with Veo 3 or Kling 3.0 directly inside Calico — walls update, furniture changes, landscaping appears → Generate alternate versions (night shots with ambient lighting, different design styles) → Drop the clips into an editor, add music and a realtor contact screen The result: a cinematic before-and-after renovation video from nothing but listing photos. Comment "LISTING" and I'll send you the exact prompts and full tutorial I used (must be following so I can DM you).
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mj XRP
mj XRP@cksisiw3·
@krippenreiter @First_Ledger If doing this, you should treat it as a business. Put your capital to work and the yield is the income of the business.
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mj XRP
mj XRP@cksisiw3·
@panosmek No tax. I guess coz no trade.
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Panos 🔼🇬🇷
Panos 🔼🇬🇷@panosmek·
If you had a VISA card connected to your self-custody XRPL account, would you mostly use RLUSD or XRP for your daily purchases?
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iTrustCapital
iTrustCapital@iTrustCapital·
What is the last crypto asset you bought and why? 🤔
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Davinci Jeremie
Davinci Jeremie@Davincij15·
Your favorite crypto project is just a bank wearing a hoodie. *cough* $XRP Hidden leverage ✓ Fake decentralization ✓ Pausable exits ✓ Insider advantages ✓ Users locked in wrapped IOUs ✓ #Bitcoin has none of these. Name one other project that doesn't. I'll wait. 👇
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Darren "Thanasimos" Williams
Darren "Thanasimos" Williams@Thana_Enosys·
Did some of you really expect a one button solution for XRP DeFi to have the same returns as someone doing it themselves?? The smart accounts are being handled by @XamanWallet - that has a cost to support. The FXRP bridge is being run and majority collateralized by agents (@TsoAtlas, @nortso, @aucc_official, @Oracle_Daemon, @BifrostWallet, and White Knight) - that has a cost to support. The FXRP Yield strategy is being run by @ClearstarLabs - that has a cost to support. The products that are generating the yield were built and are being run by @enosys_global, @Firelightfi, @SparkDexAI, @Kinetic_Markets, @Morpho, @spectra_finance, and @upshift_fi - that has a cost to support. All of this is being supported by price feeds, validation, and FDC from all of the Infrastructure providers on @FlareNetworks- that has a cost to support. All of the above was made possible by everyone who came before you, believed in what was being built, and either built it themselves, or supported those who did - that has a cost to support. You want to now show up at the eleventh hour, when all of that work has been abstracted away into a single button for you to press, and then complain about the Yield??? Nah. That Yield is only going to grow as the volumes increase and the strategies are refined and expanded. You want higher yields now, you're going to have to take on some of those above steps yourselves. Quit waiting for the future of finance and be a part of it.
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Justin Bons
Justin Bons@Justin_Bons·
We must reject all centralized "blockchains"! This includes Ripple, Canton, Stellar, Hedera & Algorand Centralization is not the future of finance; requiring permission from an authority is not decentralized! Do not be fooled by their lies, as the truth will set us free: 🧵 Ripple: Has a "Unique Node List", which makes the validators effectively permissioned. As any divergence from this centrally published list would cause a fork, effectively giving the Ripple Foundation & company absolute power & control over the chain Canton: The validator set is totally permissioned! Stellar: A similar set-up to XRP, except that they call it "recommended Tier 1 organizations," which is published by the Stellar Development Foundation. However, just like XRP, a high overlap is required, or you risk forking off the network. Effectively putting the power in the hands of the list creator Hedera: The validator set is totally permissioned! Algorand: The "relay nodes" in ALGO are still totally permissioned. Despite validators being permissionless, anyone now has the option to run a "participation node" after they recently implemented a P2P network as an alternative means to propagate TXs. Which means the relay nodes can no longer act as gatekeepers. However, it is unclear how much removing them entirely would affect performance today. Possibly making them a necessary aspect of ALGO's current design Forms of Consensus: Within a blockchain context, there are only three forms of consensus: Proof of Stake, Proof of Work & Proof of Authority If a blockchain does not use PoS or PoW, it is, by definition, PoA! As this was fundamentally an unsolved problem before blockchain came along, which solved this problem through the use of token-based incentives, either through stake or work Anything that does not fit that consensus model is instead fundamentally based on authority/trust. In the case of XRP & XLM, it is important to keep in mind that choosing who we trust is not the same as trustlessness! Binary Choice: A blockchain is either fully permissionless or it is not. ALGO has permissioned elements in its design, so it is still "centralized". A crude way to use language, but we do still need understandable schelling points in crypto. As decentralization is a spectrum, permissionlesness is only one element of that bigger picture. However, personally, any permissioned elements are a deal breaker for me, as it is so anti-thetical to the ethos of crypto that it defeats its entire raison detre Institutional Adoption: Much like the early internet, big institutions are uncomfortable using fully permissionless, public & decentralized networks. So, much like the early internet, those institutions will be left behind. The big winners are the crypto natives. That is true historically & it will also be true in the future too. The big winners during the early internet were the newcomers, not the old guard, for the same reasons we see playing out in crypto now Conclusion: The future of finance is decentralized & permissionless. If you cannot understand that, it is fine. There are other options for you on the free market But let's not pretend as if these chains are really playing a part in this revolution. Quite the opposite, centralized "crypto" is a distraction that only slows the goals of our movement down So, if you care about crypto. Reject these permissioned chains & demand they decentralize. In the meantime, we should vote with our feet & support chains that carry our movement forward towards its intended goals instead Credible neutrality, censorship resistance, privacy, immutability & more can only be achieved on a fully permissionless & decentralized blockchain That is the revolution we were promised & that is the future we can now bring about with the choices we make collectively Crypto is on the right side of history, disrupting power away from centralized authorities to help create a freer & more equitable world! 🔥
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iTrustCapital
iTrustCapital@iTrustCapital·
Ethereum secures billions in on-chain value. Now it can sit alongside your retirement strategy. ► Here’s how buying and selling $ETH in an IRA works: itrustcapital.com/learn/how-to-b…
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iTrustCapital
iTrustCapital@iTrustCapital·
BlackRock x Uniswap 👀 Are big things are on the horizon for DeFi? UNISWAP Bulls, make some noise in the comments! 🐂🦄
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