Primo

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Primo

@primo2to1

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Katılım Haziran 2021
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Primo
Primo@primo2to1·
@LibertySwapFi You want more eyes on the chain? … Peg a decentralised stable coin that can do rough 600x and you won’t only have the the eyes & attention you’ll be written in the history books… That’s the best way to get “eyes on the chain” ✌🏽
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Pulsa-Maniac
Pulsa-Maniac@NFTEnthusiast3·
Is RH playing 5D chess or are we just retardio? $pDai to a dollar.
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AlphaBaller | S1ck
AlphaBaller | S1ck@S1ckAlpha·
Who is still believing in Pulsechain and Richard Heart? Lets see how strong the community is $PLS $PLSX $HEX $PRVX
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ProMint
ProMint@ProMint_X·
Ethena Will Destroy MegaETH Yesterday and today, Ethena minted and supplied 100M USDm; in total, that is $200M USDm. The current TVL of MegaETH is $300M. This means 66% of the total TVL is in Ethena's hands. The primary goal: launching a leverage-looping strategy for USDe/USDm. 1. A user deposits USDe into Aave, earning base yield. 2. They borrow USDm against it. 3. With the borrowed USDm, they buy more USDe and repeat the cycle, multiplying their yield. Virtually the entire TVL depends on this Ethena/Aave synergy. Any failure could cause MegaETH’s key metrics to collapse several times over. The MegaETH team is fully aware they lack high-margin products to generate fee revenue for the network, so they are creating their own income. For instance, this strategy could generate $15K-$20K per month, placing the network in the Top 10 chains by fees. If the USDe yield drops below the borrowing cost of USDm, the loop becomes unprofitable, triggering mass position closures and a cascade of liquidations. At the beginning of this year, USDe APY already hit record lows. The Ethena team is actively working on adding new revenue sources, pivoting Ethena into a hedge fund model that works with institutional players, prime lending, basis trades, etc. This announcement was made on April 6, though it should have happened much earlier, as USDe supply has been steadily declining since its ATH. Since that ATH, it has dropped 4x, a situation that could have been avoided if this transition had been initiated sooner. Shifting to these new revenue models will take considerable time - time that USDm might not have. The MegaETH and Ethena teams must reassess their risk profile to prevent a collapse.
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rKang
rKang@rKang_0x·
What if I told you the most important spell in all of PMaker has just PASSED! ✅ SPELL #32 - True Decentralisation has been achieved! Once the timelock ends in ~5 days: 🟢 ALL Deployer roles will be permanently revoked 🟢 No Admin Keys 🟢 No Overrides 🟢 No Backdoors 🟢 No “Trust Us” PMaker is now 100% in our hands Every future decision, new ilks, duty rates, debt ceilings, surplus buffer strategies etc. will all require verifiable on-chain governance. 💪🏼This is a massive milestone for the entire PulseChain ecosystem. The protocol is no longer controlled by any single entity and the flywheel is now fully unlocked an community owned. We now have complete control of the real tools to optimize everything, including but not limited to accelerating the unwinding of the massive pDAI debt in the Aave forks, force real buy pressure, grow surplus faster, and compound the entire system through vaults, PSM, and PSR. No more waiting. No more central bottlenecks. 🙌🏻The path to a strong, self-sustaining peg is now completely in the hands of the community This is the moment we’ve been building toward. PMaker, PulseChains native "De-central bank" is live and we're in control of our destiny.
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Primo retweetledi
Richard Heart
Richard Heart@RichardHeartWin·
Every few years you will see a longevity pioneer die. Yesterday Craig Venter died at 79 after unexpected side effects for a treatment of a recently diagnosed cancer. He founded Human Longevity, INC and was most famous for the human genome project, with his DNA being sequenced the most first. Because Billionaires are dicking around in space or racing boats or other various time wastes, their peers, and then they, will be dying like flies. They could be focused on saving their own, and our lives, but they're busy doing dumb stuff instead. Or sometimes smart stuff too, but we're still dead... I raised $27M for research, but its not enough. I remember I met @TonyRobbins on his island in Fiji once around 2004. I pitched him in person on longevity research. He wasn't really moved by it, but now 20 years later in life, he's much more interested. Which is the path of many as they age, oh, oops, I guess I do care after all they discover. @elonmusk @JeffBezos @bryan_johnson @brian_armstrong @davidasinclair @aubreydegrey @balajis @naval @PeterDiamandis @ericweinstein @BretWeinstein
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Primo retweetledi
Richard Heart
Richard Heart@RichardHeartWin·
How do blockchains maintain consensus? Financial incentives. Validators that don't validate get penalized.
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Richard Heart
Richard Heart@RichardHeartWin·
Because the prices suck so bad, people are crashing out and lashing out left and right. Can you imagine if people lashed out at Vitalik for not founding a DEX, not founding a bridge, not founding a coin launcher that burns ETH, not beating the SEC in court, not making a blockchain time deposit protocol, not market buying deca millions and never selling, not sending advertisements and merch door to door, not giving away free coins, not sending millions of coins to people for marketing on chain, not running free chatrooms, not having a youtube channel, not giving out free books he's written, not founding a couple free infura (RPCs) devs build on and people use. That'd be crazy right? It's a good thing people aren't ungrateful trash, so they don't harass him.
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Primo
Primo@primo2to1·
@yourfriendSOMMI How do you feel about it? Risky or? You made some great points about it yesterday in your video…
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yourfriendSOMMI ❤️💛💚💙
❤️💛💚💙 LibertySwap hint about their New Yield Product coming soon. Bullish PulseChain? Brighter Days for PulseChain Altcoins? Stop buying pDAI?
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Liberty Swap ⚡️ Bridge2Pulse™️ Zero-Fee DEX
Liquidity providers who supply liquidity to our new liquidity platform will receive a receipt token in the form of an NFT. Each NFT is unique because it encodes the specific parameters of the liquidity position, including: - Price range (tick range) - Fee tier - Position size (deposit amount)
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Primo
Primo@primo2to1·
@RichardHeartWin Do you endorse @LibertySwapFi ? They have so much cool stuff being released but I’ve never notice you mention them… Just wanted to know if it’s safe to interact with their features ✌🏽
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Primo retweetledi
Richard Heart
Richard Heart@RichardHeartWin·
Time for the cryfag beat down part two. Who's next?
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Liberty Swap ⚡️ Bridge2Pulse™️ Zero-Fee DEX
🎉 ZKX Wallet is NOW LIVE! 🎉 We are thrilled to announce the official release of @zkxwallet built by @LibertySwapFi for users who want full control, seamless DeFi access, and real privacy. Key Features: 👉 Shield & Unshield Assets: Instantly move funds between public and private balances using advanced zero-knowledge privacy tech (powered by Railgun integration). 👉Send, Swap & Bridge: Fast transfers, token swaps, and cross-chain bridging directly in the extension. 👉Full PulseChain and EVM Support: Works seamlessly across Ethereum, PulseChain, and other EVM-compatible networks. 👉Non-Custodial Security: You control your keys. We never have access to your funds. 👉 Fully open-source 👉Clean, Intuitive Interface: Designed for both beginners and experienced crypto users. Whether you’re shielding stablecoins gaslessly, trading across chains, or simply want privacy by default, ZKX has you covered.
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yourfriendSOMMI ❤️💛💚💙
❤️💛💚💙 🚨 JUST IN: Richard Heart has mogged Giga. PulseChain Community is currently debating if this is Bullish. 👇🏻 Let us know below
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Richard Heart
Richard Heart@RichardHeartWin·
Personally I don't like bridge risk, and I don't like stable coin admin key risk, but it sounds like you're trying to bait me, at elementary school level to uh, do what? Bridge lots of money in and let it sit? Perhaps you should lobby for me to bridge in and market buy instead? But that wouldn't really make sense for the argument you're making, because as noted in the P.P.S of my original post, when you swap from bridged to native, you're not actually using the bridge anymore are you? So just say it, say you want me to god candle. TLDR: Even if you don't use the bridge, you still have some risk because if a bridge gets rekt, it has market effects. P.S. Your weak post is basically cryfagging. You cry about things lamely, without really explaining what the problem is or what might solve it. Lame post. Do better. P.P.S. I am in the blockchain for replacing trust with poof where possible, and I prefer native tokens to bridged in tokens when possible.
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Primo retweetledi
Richard Heart
Richard Heart@RichardHeartWin·
Richard Heart teaches you how bridges work. Example. Chain A to Chain B. Coins lock on Chain A. MAGIC Coins mint on Chain B. What's this MAGIC step? Chain B doesn't know what's happening on Chain A, so TRUST must be introduced. You have to TRUST validators to not collude with each other to lie about what happened on Chain A. Validators could lie about how much went in on chain A, and inflation bug chain B, then some could bridge back the inflated coins and empty the original coins locked on Chain A. What if a validator dies? What if a validator gets hacked? What if a validator tries to get others to collude with him to lie? What if a validator holds his validating ransom. Some people think that there should be a timelock over the power to try and fix the above problems. LOL. What's the counter balance to the above problems? More trust. You might want some mechanism to add / remove, subtract the quantity of validators needed. In the end, every single bridge has social risk, just like every single chain has social risk. They're computers, run by humans, on networks, and none of those 3 things is perfect. You can only buy down the risk of the original sin of chain B not knowing the true state of chain A, by spreading validation geographically, and across parties and hope for the best, but you can't completely eliminate the risk. The largest hacks in crypto history have been bridge hacks. So now ask yourself, why in this bearest of bear markets does Richard have to teach you about bridges and risks again, for the umpteenth time? As though something has changed? I've been telling you these same exact things over and over again. But I guess some need reminding, or prefer to talk about risk in every thread about benefits. Makes you wonder. TLDR: All bridges are risk, and when done well, that risk appears to be far lower than centralized exchange risk. You're welcome for the education. Again. P.S. Some people have swapped bridged in tokens for native tokens, and enjoyed the experience. P.P.S. I think some folks find it far easier to post negatively than positively. If y'all one of those, work on yourself. Consider it personal development.
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