clear to see that hypurr tokens are having a very hard time graduating as projects teams are consistently outbidding in the auctions
the higher auction prices go, the higher the bonding price goes for hypurr tokens too
it gets interesting
1) the subset of participants that need to hypergamble will continue doing so and will play within the given range before bonding -> trenches will adapt
2) if listing price gets too high for project teams to bid, it is possible that hypurr pooled TVL can win if its hot enough
3) auction prices can serve as a signal of froth, similar to what we've seen in DA last cycle
if/when projects are willing to shell out mid 7 figs to get listed
4) feature, not bug
the mechanism is designed to combat dilution and is working as intended, so will this deter gamblers and kill hl trenches?
will it *really* help concentrate liquidity on already listed memes on hl?
very interested to see where the market goes with this
the higher auction prices go, the higher the bonding price goes for hypurr tokens too
it gets interesting
1) the subset of participants that need to hypergamble will continue doing so and will play within the given range before bonding -> trenches will adapt
2) if listing price gets too high for project teams to bid, it is possible that hypurr pooled TVL can win if its hot enough
3) auction prices can serve as a signal of froth, similar to what we've seen in DA last cycle
if/when projects are willing to shell out mid 7 figs to get listed
4) feature, not bug
the mechanism is designed to combat dilution and is working as intended, so will this deter gamblers and kill hl trenches?
will it *really* help concentrate liquidity on already listed memes on hl?
very interested to see where the market goes with this
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kill the trenches, you are indirectly killing hfun
while hfun can be used for listed tokens too, can it sustain purely on spot?
maybe the meme culture just doesn't stick on hl as it was built to combat by-products of memes anyw
should that be the case, then you'll eventually have a very small list of things to bid
see where the market resolves, but i wouldn't mind because the picks would be clear given the scarcity
while hfun can be used for listed tokens too, can it sustain purely on spot?
maybe the meme culture just doesn't stick on hl as it was built to combat by-products of memes anyw
should that be the case, then you'll eventually have a very small list of things to bid
see where the market resolves, but i wouldn't mind because the picks would be clear given the scarcity
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forgot about this but bullx neo is out
been using this since beta cause i've been a bullx user since the beginning
a lot of new inbuilt tools including multicharts, wallet tracker, and a lot of subtle QOL improvements imo
i think your bullx v1 acc will get merged over eventually too
keep cookin
https://news.1rj.ru/str/BullXNeoBot?start=access_LA9Z0Z6UIJ
been using this since beta cause i've been a bullx user since the beginning
a lot of new inbuilt tools including multicharts, wallet tracker, and a lot of subtle QOL improvements imo
i think your bullx v1 acc will get merged over eventually too
keep cookin
https://news.1rj.ru/str/BullXNeoBot?start=access_LA9Z0Z6UIJ
Telegram
BullX Neo
BullX NEO - Lightning fast trading & feature packed. Built by Kugelblitz & backed by the best 🤘
today we study region-beta paradox
https://nostorylost.com/blogs/live-a-good-story/the-region-beta-paradox-when-good-is-the-enemy-of-great
https://nostorylost.com/blogs/live-a-good-story/the-region-beta-paradox-when-good-is-the-enemy-of-great
No Story Lost Books Inc.
The Region-Beta Paradox - When Good is the Enemy of Great
Something in your life isn't going so well. If only it was worse.
30 second summary:
The Region-Beta Paradox explains that we often endure things that are “not-so-bad,” but this stops us from flourishing into truly good situations. The paradox is that when…
30 second summary:
The Region-Beta Paradox explains that we often endure things that are “not-so-bad,” but this stops us from flourishing into truly good situations. The paradox is that when…
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The Region-Beta Paradox (RBP) is a behavioral science framework that describes the tendency for people to recover faster from more distressing experiences than less distressing ones.
The RBP can be seen when someone is in a situation that is not bad enough to leave, but also not good enough to stay. For example, someone might have a job that pays well and has good benefits, but they don't feel challenged or fulfilled.
when good is the enemy of great
how bad must things be before you're willing to make a change?
maybe you're underperforming sticking to lagging narratives, but still making some money
maybe its better that you lose money and pivot to ride market trends because in that way you're forced to make a change
subjective in this case because we all have convictions in different things, which might or might not pay off in the end
The RBP can be seen when someone is in a situation that is not bad enough to leave, but also not good enough to stay. For example, someone might have a job that pays well and has good benefits, but they don't feel challenged or fulfilled.
when good is the enemy of great
how bad must things be before you're willing to make a change?
maybe you're underperforming sticking to lagging narratives, but still making some money
maybe its better that you lose money and pivot to ride market trends because in that way you're forced to make a change
subjective in this case because we all have convictions in different things, which might or might not pay off in the end
👍5🔥2
might just trade a bit on it for some points exposure
would want to position early in utility on HL whatever it might be, because things probably gets an initial boom on launch
for those interested
https://pvp.trade/join/lwa7oc
would want to position early in utility on HL whatever it might be, because things probably gets an initial boom on launch
for those interested
https://pvp.trade/join/lwa7oc
pvp.trade
dpycm invited you to pvp.trade
Don't get liquidated.
🔥2
old blogpost, but good to read again to remind yourself of the pain and tears it caused back in 2022
i believe most of us were affected, at least i was
never be too sure of anything, even if it looks like the future of france rn
i believe most of us were affected, at least i was
never be too sure of anything, even if it looks like the future of france rn
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Crypto Mumbles
https://kpo-and-czm.blogspot.com/2022/05/we-lost-2-million-sgd-in-collapse-of-terra-luna.html
Lessons
1. Always take profits. I hardly thought of taking profits because I had so much conviction that UST will eventually become the top stablecoin. Why should I take profit now when LUNA is going to be a few hundred dollars by end of the year? After all, those that made huge profits are those that held on for many years right (e.g. Google, Apple, Amazon, BTC, ETH, etc.)? I am just glad that we managed to walk away with some profits at the end of the day.
2. Diversify. As of last month, we had 53% of our net worth in crypto or specifically in 1 coin and we just lost almost all of it. Had I diversified some of them to other coins or off-ramp it, we wouldn't have lost so much.
3. Do not overleverage and ensure that you have the sufficient fund to repay them when necessary. I did not have enough UST to repay my Anchor borrow debt and ended up liquidated.
4. Do not borrow fiat to invest in crypto. At one point in time, I was borrowing 30k USD from SCB and putting that money into Anchor to earn the difference. Eventually, I decided that it is too risky and reversed/repaid everything. I am so glad that I am not in any debt because I lost money in crypto.
5. Algorithmic stablecoin just isn't going to work. Interestingly, this was what I had believed in before I discovered UST/LUNA. You can see my preference for USDC/GUSD in my earlier crypto articles. Eventually, I was convinced that UST will work because the algorithmic stablecoin is built into a network instead of just a dapp. There's so much utility for LUNA and an excellent L1 instead of just a farm and dump coin (e.g. TITAN). If this has failed so miserably, nothing probably will ever work...
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Forwarded from Zoomer News
Microstrategy Acquired Another $1.5B Of Bitcoin, Bringing Total Held To 439,000 BTC: Filing
🔗 velo.xyz
🔗 velo.xyz