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🔥Where to Buy FIRE 🔥
To invest buy wFIRE on Aribitrum with uniswap🦄
app.uniswap.org/#/swap?outputC…
To buy to use fire in our partner apps. Buy from our Trader Joe pool.
traderjoexyz.com/arbitrum/pool/…
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Promethios 🔥
68 posts
Promethios 🔥
@promethios_fire
Stable Unit of Account. 1 FIRE = $0.01 Multichain token address: 0xB25EA095997F5bBaa6cEa962c4fBf3bfc3C09776 Not a Stable Coin. Make Rebase Great Again.
Ethereum/Arbitrum/Optimism Katılım Haziran 2022
8 Takip Edilen654 Takipçiler
Promethios 🔥 retweetledi
Finally, our $wFIRE/$FRAX pool with @promethios_fire aims to fan the flames of liquidity and foster greater collaboration between the #wFIRE and #FRAX communities.
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Promethios 🔥 retweetledi
How Token Pressure Makes Your Game Not Fun.
- It doesn't matter how fun your game is when players are losing money. This kills your core adoption loop of people play fun game -> people share fun game -> more people find your game.
Its' a trap.
@xGhoul0x/blog/https%3A%2F%2Fhackmd.io%2FiCtGaIfPTJSUbHL4BBkVRA" target="_blank" rel="nofollow noopener">hackmd.io/@xGhoul0x/blog…
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The only natural conclusion is to rebase Eth to a Penny.
GIF
mikedemarais.eth@mikedemarais
2 things we could do to dramatically increase adoption of ETH: 1️⃣ change the name to be easier for boomers to spell, i suggest “vbucks” 2️⃣ stock split ETH by 1000x to give the kids what they want (their unit bias validated)
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Retrospective Part 3:
tl;dr
- Moving liquidity from Ethereum to Arbitrum
- Moving liquidity on Arbitrum from FIRE to wFIRE.
- Allows UniswapV3 for concentrated liquidity🎉
- Will use bunni.pro and Partner with FRAX. 🎉🎉
Big money moves
hackmd.io/ls00q-RyQwC56d…
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Retrospective Part 2 - Mainnet is Expensive
hackmd.io/lkZ_G8XARO2gqE…
tl;dr
Rebasing on Ethereum is too expensive to justify for now. We will pause rebasing on Ethereum and continue as normal on Arbitrum and Optimism.
What does this mean specifically?
- The price of Fire on Ethereum will free float and not rebase towards 1 Cent
- We will pull liquidity from the pool and move it to Arbitrum
- We won’t use the price of FIRE on Ethereum in our oracle calculations when rebasing on Arbitrum and Optimism
What does this mean for FIRE holders on Ethereum?
- Your relative holdings in FIRE will remain the same. The percentage of FIRE held won’t change.
- As soon as rebasing is re-enabled on Mainnet we will reach price parity again.
- Arbitrage between Mainnet and the L2s is likely to lag. (This won’t matter if you hold in the long run.)
- There won’t be an opportunity to earn veWFIRE on mainnet at this time.
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New blog who dis? @xGhoul0x/blog/" target="_blank" rel="nofollow noopener">hackmd.io/@xGhoul0x/blog/
The first article is part one of a launch retrospective. Exciting things in the works. Let us know any questions or comments!
@xGhoul0x/S1vbNg5Y2/https%3A%2F%2Fhackmd.io%2Fx6l7dZCpRXSgDRe_sx286g" target="_blank" rel="nofollow noopener">hackmd.io/@xGhoul0x/S1vb…
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The bond market does not support rebasing as originally thought. We paused these until we find a new solution.
Promethios 🔥@promethios_fire
Bonds go live Monday. 🚒 (Notifications on)
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Bonds go live Monday. 🚒
(Notifications on)
Promethios 🔥@promethios_fire
My brother in flames. We hear you loud and clear. You want more fire; we don't have liquidity to buy size. We can solve this together. But first, a sneak peek at our roadmap and the🚒 Economic Fire Engine. Bond markets will launch on Arbitrum in a few days. A thread 👇
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Promethios 🔥 retweetledi
Promethios 🔥 retweetledi
that's gonna be a big $fire
Promethios 🔥@promethios_fire
My brother in flames. We hear you loud and clear. You want more fire; we don't have liquidity to buy size. We can solve this together. But first, a sneak peek at our roadmap and the🚒 Economic Fire Engine. Bond markets will launch on Arbitrum in a few days. A thread 👇
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Promethios 🔥 retweetledi
My brother in flames. We hear you loud and clear. You want more fire; we don't have liquidity to buy size.
We can solve this together.
But first, a sneak peek at our roadmap and the🚒 Economic Fire Engine.
Bond markets will launch on Arbitrum in a few days.
A thread 👇
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So when bonds?
Few days.
Read more on our website: promethios.com
Docs: @xGhoul0x/promethios-docs" target="_blank" rel="nofollow noopener">hackmd.io/@xGhoul0x/prom…
Telegram Chat: t.me/promethios_main
Come and ask questions and give Feedback directly!
I'd love to hear from you.
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A quick aside:
Transmuting volume into revenue is important to the core mission of FIRE. The token is the product. It is meant to be used.
This aligns the incentives of everyone.
Volume is directly beneficial to Stakers through Yield and indirectly all holders through Burning.
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