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@modulo_so

secure, frictionless, programmable non-custodial wallet infrastructure

San Francisco Katılım Nisan 2022
7 Takip Edilen207 Takipçiler
Modulo
Modulo@modulo_so·
It will start after WONE price is above $0.01 for 48 hours. It is practically useless to do anything when the price is below that number
Modulo@modulo_so

~4M WONE in burner.modulo.so was distributed over the last 24h. Now we have >$10M burned. Another 4.5M WONE will be deposited shortly into the contract

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Modulo
Modulo@modulo_so·
~4M WONE in burner.modulo.so was distributed over the last 24h. Now we have >$10M burned. Another 4.5M WONE will be deposited shortly into the contract
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Modulo
Modulo@modulo_so·
A more automated, market-driven on-chain orderbook system will be deployed in the coming months, so market participants can drive the rate based on their belief and valuation of the deppeged assets, and how they should correlate with ONE
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Modulo
Modulo@modulo_so·
This means the rate will be strongly correlated with ONE price - if the price is low, it will require a very low (unfavorable) exchange rate to realistically complete the $100M objective. On the other hand, the rate can quickly rise when ONE price recovers
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Modulo@modulo_so·
burner.modulo.so deployed a new contract with max rate at 0.09 and current market WONE price ($0.011)
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Modulo@modulo_so·
burner.modulo.so just got funded with 4.5M WONE ($162k USD), running at max rate 0.15 and WONE price at 0.036
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Modulo@modulo_so·
burner.modulo.so is up again with max rate 0.2 and WONE price at 0.24
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Dan Clark
Dan Clark@DanClar75513419·
@modulo_so Don’t you think it’s time to update your method? Last swap over 3 days ago and price of ONE way lower than you have it for your swap rate
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Modulo@modulo_so·
burner.modulo.so will start a new round within 72 hours. No major change
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Modulo@modulo_so·
In this round, WONE rate will follow the market rate more closely and regularly, using a semi-auto built-in price oracle. A separate dApp will also be launched soon, that allows asset owners (deppeged or otherwise) to list their assets at their desirable exchange price
Modulo@modulo_so

burner.modulo.so will start a new round within 72 hours, with reduced rates and WONE price

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Modulo
Modulo@modulo_so·
burner.modulo.so will start a new round within 72 hours, with reduced rates and WONE price
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Keşfet

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