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PartyFi - NFTTallinn May 5-12
2.7K posts

PartyFi - NFTTallinn May 5-12
@party_fi
Turn your group chat into a hedge fund without ever giving up custody of your assets. We are building sovereignty for the masses! 🦇🔊
Start your party today! 👉 Katılım Şubat 2021
321 Takip Edilen7.9K Takipçiler

@Cobratate @Lagastrolo Master Tate, build a party and secure the upcoming pump. PartyFi is built to be the most secure way for your students to be a part of a paid trading call group.
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OK FUCK IT I WILL ENDORSE A SHITCOIN AND SEND IT TO THE FUCKING MOON ON THE 1ST OF JUNE.
DONT BUY ANY COIN UNTILL YOU GET THE SIGNAL FROM ME THEYRE ALL SCAMS.
HU STUDENTS GET TOLD 1 HOUR IN ADVANCE.
EMAIL LIST GETS 5MINS IN ADVANCE.
THEN I PUMP SOME RANDOM GARBAGE TO VALHALLAH.
SIGN UP: COBRATATE.COM
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@DCLBlogger I find lots of good new shitcoins on our platform. Some parties are always on the lookout for the hottest new token
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@TreblSumac @FFVV1211 Just wait until you see what we do with the token too 👀
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@ChainLinkGod @Don_Christov *One of the banking partners of Circle*
Crypto Bros just recycle their favorite rugpuller’s tweets
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Yeah man crypto is the future, let me bring you up to speed
First, TerraUSD collapsed, a massive Ponzi scheme where investors were promised 20% APR on their USD ($20B in UST and $40B in LUNA wiped out)
This caused the largest crypto hedge fund to go insolvent due to excessive leverage, 3AC ($3B AUM wiped out)
3AC borrowed funds from all the largest crypto lenders, each of who went insolvent after bank runs inevitably occurred, causing a market wide credit crunch
Celsius ($12B AUM, $1.2B deficit), Voyager ($1.6B AUM, ~$670M default), BlockFi ($3.9B AUM, $400M revolving credit)
Voyager and BlockFi were bailed out by FTX/Alameda, but ah turns out they were complete fraud too
With $10B of customer funds siphoned from FTX to cover Alameda’s losses, a bank run took place, creating a second contagion wave, leaving Voyager/BlockFi rekt again
Genesis Lending, under the DCG conglomerate, also went bankrupt due to Alameda/FTX exposure ($3B shortfall)
Gemini was lending $900M in customer funds to Genesis, so they and their customers inevitably got wrapped in the mess too
No doubt TradFi is involved in this too, with the collapse of two banks that were key banking partners for crypto
Silvergate (FTX’s banking partner and ran an payment network for crypto exchanges) experienced a bank run and collapsed after losing $1B on bonds
While SVB (Circle’s banking partner for USDC and most tech startups) experienced a bank run and collapsed after losing $1.8B on bonds
Not looking too good for Signature Bank either, which runs the ‘other’ bank payment network for crypto exchanges
Can’t forget the SEC trying to strongarm the industry from shutting down Kraken’s staking product to calling Paxos’ stablecoins a security and shutting down BUSD, and much more
Various banking regulators also strongarming banks into refusing to onboard crypto companies as clients, forcing them overseas and to use sketchy counterparts
Anyways
Have you heard of liquid staking derivatives and re-staking? Pretty cool financial engineering right there, crypto innovation never stops 💪

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Don’t miss this! Community points for everyone who retweets or shares! Lots to talk about it, not enough time.
Be there!
twitter.com/i/spaces/1DXxy…
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@Jacobpartyape @Web3lfgg @TimBaldwin_ @Cryptoztralia @Cryptowillerupt We’d love to we have been too quiet lately ;)
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@Web3lfgg Yo, we definitely need to get @party_fi on here. @TimBaldwin_ and @Cryptoztralia are building and killing it. @Cryptowillerupt can vouch for this 🤙🏻
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@a16zcrypto This is like asking someone to explain the difference between Ethernet and WiFi to someone in their 80s.
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