@DriftProtocol I just want to be able to use it as collateral on the Drift relaunch (relative to whatever its current value is)... that way I can be active on the platform while I wait for the recovery value to increase. Let us trade again!
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John Carl
35 posts
Clarification:
Users are able to redeem at any time after redemption opens; however, early redemption occurs at a discount to the full claim value as users receive a pro-rata share of the current pool. Holders who wait may benefit from a higher recovery price as the pool continues to grow.
Drift@DriftProtocol
Redemption will open once the pool exceeds $5M. Redemption Price = Recovery Fund Value ÷ Outstanding Recovery Token Supply Users are able to redeem at any time; redeeming early means that a user forfeits their remaining claim. Holders who wait may benefit as the pool grows.
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@DriftProtocol We NEED to be able to use the recover token as collateral. And bonus: it'll encourage holding the token and activity on the Drift platform.
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Read the full Recovery Plan for Affected Users here:
drift.trade/updates/recove…
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@Resource_Rev @abaxx_tech @JoshCrumb @Smarter_Markets Hopefully this means no more fake bags of nickel at the LME?
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@abaxx_tech @JoshCrumb @Smarter_Markets When it comes to real-world commodities "it's the legal reconciliation that matters..."
Perfect 2-minute recap on how tokenization works (and why it's so revolutionary for proving ownership of assets in the real world).
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Founder & CEO @JoshCrumb outlines Abaxx's work to re-engineer tokenization, focusing on secure digital identity, privacy, and legal finality as the foundations for institutional grade commercial transactions on @Smarter_Markets.
Smarter Markets@Smarter_Markets
"When the asset lives in the ledger, ledger reconciliation is what matters. When the asset lives in the law, legal reconciliation is what matters. Securities, commodities, the rights and title to commodities — these all live in the law. That's what we've been working to solve."
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@BitcoinMagazine Great news, and silly it took a Presidential pardon. It was a witch hunt from the beginning.
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@TaviCosta Well at least we never have to worry about it suddenly dropping!
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Not a gold chart, just government debt
Remarks@remarks
JUST IN: 🇺🇸 US National Debt reaches new high of $38,000,000,000,000
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Every night, @America will announce another $1M winner!
All you have to do is sign our petition in support of The Constitution.
DogeDesigner@cb_doge
These two Pennsylvania residents received $1 million each from Elon Musk for signing a petition in support of the First and Second Amendments! 🇺🇸
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John Carl retweetledi
As we've been writing for months, Nvidia has 75% of the AI chip market locked up. But they're going to have to buyout smaller AI firms to move up from here. CNBC agrees... cnb.cx/4eWKkYr
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EREVs (Extended Range Electric Vehicles) are picking up momentum now that China has sold a million of them. My take: a better EREV solves the #1 objection to EVs
Nick Hodge@nickchodge
So, a hybrid. How novel. || EVs are getting gas-powered generators in a bid to quell range anxiety and defuse the culture wars bloomberg.com/news/articles/… via @climate
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Our Olympus just keeps getting stronger and stronger.
Let’s welcome our early backers
@toly (Co-Founder of Solana)
@Rewkang (Founder of Mechanism Capital)
@muneeb (Co-Founder of @Stacks)
Together, we will bring the Zeus network to become the most advanced Crosschain communication platform, shaping the future of cross-chain innovations
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With @PythNetwork joining our ecosystem, it now enables advanced DeFi projects to build around #BTC.
Pyth Network 🔮@PythNetwork
The magic starts with Pyth Price Feeds 🔮 Starting today, Pyth Price Feeds are now permissionlessly available to all developers building on @MerlinLayer2 Learn more about Pyth’s deployment on Merlin Chain: ℹ️ About Merlin Chain Merlin Chain is a Bitcoin Layer 2 that integrates ZK-Rollup network, decentralized oracle network, and on-chain BTC fraud-proof modules. Merlin Chain is committed to empowering Bitcoin’s native assets, protocols, and products on Layer 1 through its Layer 2 network, to Make Bitcoin Fun Again. Merlin Chain is a subsidiary product line of Bitmap Tech, a premier OG team boasting an overall market cap exceeding $500 million. The BRC-420 “Blue Box” collection under Bitmap Tech has become one of the hottest assets on Ordinals. 🗣️ Quotes “The team is looking forward to join hands with Pyth, a leading oracle, to help build the foundation of Merlin Chain. With the price feeds and market data Pyth provides, we are now ready to welcome the next generation of Bitcoin and DeFi to Merlin Chain.” — Jeff, Founder of BitmapTech and Merlin Chain. 🔮 DeFi Magic powered by Pyth The Pyth oracle introduce a specialized pull oracle architecture that empowers smart contract applications to request or pull price updates from the Pythnet appchain only when needed. This design ensures that users have reliable access to the freshest price updates while benefitting from high-frequency and high-resolution prices. The Merlin Chain DeFi ecosystem is already powered by Pyth like @bitsmiley_labs, @avalonfinance_, and @Mage_Finance.
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John Carl retweetledi
Which of the new moon coins do you think will have the biggest gains?
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John Carl retweetledi
