Promethios 🔥

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Promethios 🔥

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
Bunni
Bunni@bunni_xyz·
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
Van xGhoul0x 🧙🏻‍♀️
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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Promethios 🔥
Promethios 🔥@promethios_fire·
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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Promethios 🔥@promethios_fire·
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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Promethios 🔥@promethios_fire·
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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Promethios 🔥 retweetledi
Letsgetit 🐉
Letsgetit 🐉@CryptoLetsgetit·
wake up, check $fire stoke flame. happy
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Promethios 🔥@promethios_fire·
Nothing like the original.
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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 🔥@promethios_fire·
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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