Monckim

Don’t live for outcomes. Once you hit the goals, the high fades and you’ll wonder why you’re empty again. Learn to love the process — discipline outlasts motivation. Admit you’re ordinary, but do extraordinary things anyway.

@usoppu Don’t live for outcomes. Once you hit the goals, the high fades and you’ll wonder why you’re empty again. Learn to love the process — discipline outlasts motivation. Admit you’re ordinary, but do extraordinary things anyway.

Men who are more than 30 Give advice to men who are in their 20s The topic can be anything

So many people on here obsess about wealth, but it's worth remembering that billionaires live mostly the same way you do. Technology has collapsed the experiential divide. Rich people use the same LLMs you do. They watch the same Netflix shows, the same movies, the same sports. They are addicted to their phones just like you are, and they browse the same stuff on social media. There's no special Internet for rich people. IMO, the gap between the middle class and the 0.01% is the smallest it's ever been.

@ate_bites @jpthor

We need to be raising awareness on just how bad of a shape Thorchain lending is right now, posing a potential risk to the protocol itself. As it stands, at current mark to market rates for RUNE, complete loan closure will mint 24 million RUNE. 1,604 in BTC collateral, 18,258 ETH in total is outstanding to be repaid by depositors. With half of this value withdrawn in USD denomination at much lower prices than where we are today. In addition to that, RUNE price has fallen, leading to a major increase in the RUNE liability to pay the protocol. Right now, in pools, there is only 592 BTC in the Bitcoin pool, and 7404 ETH in the Ethereum pool on Thorchain. There is blatant ignorance in assuming that the collateral can be returned to borrowers, even if the borrowers return half the valued owed (802 BTC 9129 ETH) there is a decent risk as outlined in lending mechanics that the difference, 210 BTC and 1725 ETH is left outstanding owed to depositors. As RUNE/BTC price continues on a down trend, more rune is required to be minted to repay the BTC obligation. This puts further pressure on RUNE price. Furthermore, as bad actors realize this vulnerability, they will short RUNE in expectations of it falling further as more RUNE is required to be minted, magnifying the divergence between RUNE and BTC. This price action makes it less likely that BTC is deposited for liquidity on thorchain, requiring even more RUNE to be sold to bid for BTC to pay back obligations. Instead, BTC must be bid from the open market, this is done by the rune side of the BTC/RUNE pool deepening, which raises BTC price on the protocol, level. People will be able to swap BTC for USD at a higher rate than the market and buy back more BTC with USD on the market. An arbitrage opportunity. What is bad about this is USD pools will decline in dollar depth, furthering RUNE’s declining price. And BTC price on pool rises further, widening the RUNE/BTC gap. So, how much USD is available to bid for BTC and ETH on the protocol? Around $22-$23 million. But the outstanding unmet liabilities are around $24+ million. At these prices, the protocol is barely solvent, and that’s without everyone panic dumping their RUNE and mass shorting it. And we’re on track for $3.30, guess if we are solvent then. Someone ping algod his next short is here. And no this isn’t spreading fud, you need to be aware of this risk happening now. I will link the risk disclosure for thorchain lending below, right now we should be on heightened alert or P1 war cabinet for the following risk factors: R1: shallow pools R2: increased derivative risk position R4: infinite timeline of derivatives R5: large upswing of prices (rune denomination, usd denomination) R6: non loan claims on reserves R7: correlation of loan drain in reserve events with non reserve events R13: RUNE price drops. This qualifies as a Priority 1 emergency for any large institutions IT department and an immediate focus on addressing lending risk should be held. We have over 50% of risk vectors on heightened alert. I just hope I’m not too late for sounding the alarm.

@proof_steve @jpthor

@selfchainxyz @ravidsrk @binance @cz_binance $slf All time low again #scamchain @ravidsrk you will face consequences for your 4x supply fraud. @binance @cz_binance

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@selfchainxyz @binance @cz_binance @ravidsrk @selfchainxyz $slf you have a new all time low every other day haha. @ravidsrk no one trust you anymore. Your 4x supply fraud is not fooling anyone. no one is going to buy your shitcoin - unless you are going for sub 1mill marketcap. Delist $slf @binance @cz_binance

Self Chain is revolutionizing Web3 wallets by combining MPC-TSS and Account Abstraction! Enjoy secure, keyless wallet management with social logins, gasless transactions, and more—all without the hassle of private keys. The future of decentralized security is here! Learn More: blog.selfchain.xyz/synergy-betwee…

@moritzkremb Waitlist

Holy shit guys... I think we've created a monster. 1. screenshot anything 2. generate prompt 3. paste into bolt 4. deploy a clone comment 'waitlist' and I'll DM u

@selfchainxyz @cz_binance @binance @ravidsrk The risk free infinite money glitch trade in crypto is to short every $slf pump. This #scamchain will go to 0, led by @ravidsrk . Shorting now on #BYBIT since @cz_binance @binance wont list this fraud

We are pleased to announce that Self Chain will be participating as a Silver Sponsor at #BinanceBlockchainWeek in Dubai on October 30-31, 2024! We can’t wait to connect with the global Web3 community and present our latest innovations. Stay tuned for more updates! 💡

@selfchainxyz @ravidsrk @binance @cz_binance This outright fraud @ravidsrk have started banning users from speaking the truth about their minting 4x supply on discord. The willingly scammed $front investors and have disappeared and recycle tweets to seem active. @cz_binance @binance pls start investigation. $slf

Self Chain's MPC-TSS solution provides a robust and innovative approach to wallet security, offering seamless onboarding, no single point of failure, and cross-chain compatibility. In comparison to traditional private key wallets, which are prone to high risk, or smart contract wallets, which face limitations in compatibility, MPC-TSS represents a significant advancement.

1/ Let's play a little game called "Hide Those Treasuries". The Rules: The Fed is reducing it's balance sheet, $ liq -ve The US Treasury is issuing bonds to pay for large and increasing fiscal spending, $ liq -ve But we want stonks to pump, what to do?

The Chinese economy is experiencing a near-complete collapse. Nearly half a million customers have lost their deposits as the banks lent indiscriminately to housing developers who are now facing cascading defaults. Here’s the story the Chinese Govt. doesn't want you to know 👇

@ApsolutProtocol @GratifyStore @cryptosushimoon @tinyasianpotato

7 exchanges got the show business night time raid from Korean police this evening. Upbit is one of the magnificent seven. Investigators came at night with a search warrant looking for transaction data on $LUNA trades. Props to Garold for the pic.

1/WTF is going on in the housing market? 🧵👇

1/ Had a chance to skim through this document. Interesting points (which I will go through in more detail): (1) The yacht (2) Why 3AC went under (3) Kyle / Su being uncooperative (4) Tai Ping Shan

Climate change talk is cheap, but sailing the seven seas on your yacht as an international fugitive is expensive.

Must watch: The JPY and EUR. Expect an "intervention" to weaken the USD if JPY > 150 and or EUR < 0.90. "Intervention" means the Fed printing money. Printing money means $BTC number go up. The situation is fluid.

1/n The Sui Blockchain What you need to know about the next major L1: 🧵👇