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Reality On Chain
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Reality On Chain
@RealityOnChain
24/7 Daily news, stats & on-chain insights.
Real World Assets Katılım Eylül 2024
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@trench_royale Do not miss your chance to earn free SOLs
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@saylor That's what we have been doing when you stepped into Btc
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🚨 BREAKING: Justin Sun just took World Liberty Financial to court.
His claim?
$WLFI froze his tokens, stripped governance rights, and threatened to burn them.
This isn’t just drama… It’s a DeFi power struggle
Sun says:
1. Tokens frozen with no justification
2. Blocked from voting on governance
3. Smart contract allegedly has a hidden blacklist function
WLFI fires back:
“Baseless allegations… see you in court.”
Now it gets worse.
A new proposal would:
Lock tokens for 2 years + 2 year vesting
If you DON’T agree → tokens stay locked indefinitely
Sun calls it:
“One of the most absurd governance scams I’ve ever seen.”
Let that sink in:
A top investor claims:
• Your tokens can be frozen
• Your voting rights removed
• Your assets potentially burned
• All through contract-level control
This isn’t just about Justin Sun.
This is about a bigger question:
Is “decentralized governance” actually decentralized
or just controlled behind the scenes?

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🚨 BREAKING: A bridge exploit drained $292M from Kelp DAO.
The attacker didn’t stop there.
They deposited unbacked rsETH into Aave, borrowed ETH, and walked away, leaving ~ $200M in bad debt.
Aave saw ~$6.6B in deposits flee.
$AAVE token dropped ~16%.
LayerZero and Kelp DAO are now blaming each other.
Arbitrum froze $71M.

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@EvilsReturns Hype then dump, the tokenomics did not display the correct distribution, probably.
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🚨 BREAKING: $RAVE crashed ~90% in less than 24 hours.
From ~$27 to under $3… then continued bleeding to ~$0.7.
RaveDAO denied responsibility for the pump & crash.
They stated they were “not engaged in, nor responsible for” the price action.
They claim they’re still building and want to act “sustainably and transparently” going forward.

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@RealityOnChain man that crash was brutal, feels like a lot of people lost a ton of money
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