Banana Gun Token Launch Details
- $BANANA will have a circulating supply of 2.4M at launch, with a B/S tax of 4%/4%
- Liquidity will be seeded for a $1.56M starting market cap at a price of $0.65 at launch (presale price)
- BANANA-USD Perps market on Aevo trading at ~$7
- With total supply of 10M tokens, market is valuing $BANANA at $70M FDV
- Token will launch "early next week".
Aevo Ref Link
Tokenomics
- $BANANA will have a circulating supply of 2.4M at launch, with a B/S tax of 4%/4%
- Liquidity will be seeded for a $1.56M starting market cap at a price of $0.65 at launch (presale price)
- BANANA-USD Perps market on Aevo trading at ~$7
- With total supply of 10M tokens, market is valuing $BANANA at $70M FDV
- Token will launch "early next week".
Aevo Ref Link
Tokenomics
Vitalik’s Twitter Account Hacked
- attacker managed to steal ~$700k from users who clicked on the phishing link
- account access has been restored
https://x.com/officer_cia/status/1700663821558325464
*edit: $700k, not $700m
- attacker managed to steal ~$700k from users who clicked on the phishing link
- account access has been restored
https://x.com/officer_cia/status/1700663821558325464
*edit: $700k, not $700m
RE: FTX asset liquidations.
Reminder that most of the $SOL is on a vesting schedule until ~2027.
See: https://news.1rj.ru/str/iansintel/513
Reminder that most of the $SOL is on a vesting schedule until ~2027.
See: https://news.1rj.ru/str/iansintel/513
FTX files for recovery against Layer Zero and its senior employee.
- Layer Zero: $21M
- Ari Litan: $13M
- Skip & Goose: $6.5M
h/t: sunil_trades
official docs: https://restructuring.ra.kroll.com/FTX/Home-DocketInfo
Could this affect ZRO launch? 🤔
- Layer Zero: $21M
- Ari Litan: $13M
- Skip & Goose: $6.5M
h/t: sunil_trades
official docs: https://restructuring.ra.kroll.com/FTX/Home-DocketInfo
Could this affect ZRO launch? 🤔
🤯1
xcurveth confirms that he has left Unibot after getting hacked last week
https://twitter.com/xcurveth/status/1700828188316664215
https://twitter.com/xcurveth/status/1700828188316664215
X (formerly Twitter)
xcurve.gfy ⚡ (@xcurveth) on X
GM. Early morning run + Vitalik being hacked provided CLARITY.
TLDR: I'm back mfers for what looks like a big week lol. Got me for a few days, but I've gotten u for a few years 😘 We move forward.
Long version (just straight from the heart. Not sure what's…
TLDR: I'm back mfers for what looks like a big week lol. Got me for a few days, but I've gotten u for a few years 😘 We move forward.
Long version (just straight from the heart. Not sure what's…
Ian's Intel
FTX files for recovery against Layer Zero and its senior employee. - Layer Zero: $21M - Ari Litan: $13M - Skip & Goose: $6.5M h/t: sunil_trades official docs: https://restructuring.ra.kroll.com/FTX/Home-DocketInfo Could this affect ZRO launch? 🤔
[IanGPT] CEO of Layer Zero Responds to FTX Suit
• CEO labels FTX lawsuit as "unsubstantiated," cites year-long ignored communication on share ownership.
• Refutes preferential withdrawal claims; notes personal deposits of millions before FTX's bankruptcy.
• Withdrawals mostly for standard gas rebalancing between L1 currencies.
• Criticizes FTX's "outrageous" gross withdrawal-based accounting.
• Tried to repurchase STG tokens; claims FTX counsel lacks basic blockchain knowledge.
• Condemns FTX's "mudslinging," eager to settle in court.
Source
• CEO labels FTX lawsuit as "unsubstantiated," cites year-long ignored communication on share ownership.
• Refutes preferential withdrawal claims; notes personal deposits of millions before FTX's bankruptcy.
• Withdrawals mostly for standard gas rebalancing between L1 currencies.
• Criticizes FTX's "outrageous" gross withdrawal-based accounting.
• Tried to repurchase STG tokens; claims FTX counsel lacks basic blockchain knowledge.
• Condemns FTX's "mudslinging," eager to settle in court.
Source
❤1
DOT Token Unlock Alert
- according to parachains.info, ~100M DOT (~$400M) is scheduled to be unlocked on Oct 24, 2023
- DOT is trading at ~$4 as of the time of writing, -84% down since the tokens were locked in Dec 2021
https://twitter.com/_FabianHD/status/1701064554338226468
- according to parachains.info, ~100M DOT (~$400M) is scheduled to be unlocked on Oct 24, 2023
- DOT is trading at ~$4 as of the time of writing, -84% down since the tokens were locked in Dec 2021
https://twitter.com/_FabianHD/status/1701064554338226468
X (formerly Twitter)
Fabian D. on X
there's a big unlock that flew under the radar.
almost 100M $DOT ($400M) will be returned to users who participated in the first batch of parachain crowdloans next month on Oct 24.
how many will be dumping after 2 years of disappointing activity? I'm short.
almost 100M $DOT ($400M) will be returned to users who participated in the first batch of parachain crowdloans next month on Oct 24.
how many will be dumping after 2 years of disappointing activity? I'm short.
ZachXBT Donation Refund Claims is Live
https://twitter.com/zachxbt/status/1701232146159931730
https://twitter.com/0xCygaar/status/1701236162340262285
https://twitter.com/zachxbt/status/1701232146159931730
https://twitter.com/0xCygaar/status/1701236162340262285
X (formerly Twitter)
ZachXBT (@zachxbt) on X
1/ The legal refund claim contract is now live for all donors who donated on Ethereum, Arbitrum, and zkSync for the next 365 days.
https://t.co/zD5V9csgHe
A huge thanks goes to @0xngmi @0xCygaar @hildobby_ @pcaversaccio for helping set this up.
https://t.co/zD5V9csgHe
A huge thanks goes to @0xngmi @0xCygaar @hildobby_ @pcaversaccio for helping set this up.
According to Messari, only $9.2M SOL held by Alameda will be unlocked per month
https://x.com/MessariCrypto/status/1701271690150396278
https://messari.io/report/ftx-liquidations-update
https://x.com/MessariCrypto/status/1701271690150396278
https://messari.io/report/ftx-liquidations-update
X (formerly Twitter)
Messari (@MessariCrypto) on X
FTX LIQUIDATIONS UPDATE
FTX liquidators hold approximately $1.3 billion of liquid crypto assets (excluding stablecoins) which have been dragged down by fear of FTX liquidations potentially beginning Wednesday.
Largest holdings: $SOL, $BTC, $ETH, $APT,…
FTX liquidators hold approximately $1.3 billion of liquid crypto assets (excluding stablecoins) which have been dragged down by fear of FTX liquidations potentially beginning Wednesday.
Largest holdings: $SOL, $BTC, $ETH, $APT,…
[IanGPT] Visa Deep Dive on Solana
• Visa sees Solana as a promising blockchain for mainstream payments.
• High Transaction Throughput: Solana averages 400 TPS, surging to 2,000 TPS at peak, compared to Ethereum's 12 TPS.
• Parallel Processing: Solana's multi-threaded design enables simultaneous transaction execution, improving efficiency.
• Low Costs: Transaction fees under $0.001, predictable due to localized fee markets.
• Fast Finality: Targets 400ms slot time, uses "optimistic confirmation" for quick transaction finality.
• High Availability: 1,893 active validators, 925 RPC nodes, diverse geography.
• Multiple Validator Clients: Increases network resilience.
• Visa plans to test Solana in its stablecoin settlement pilot for corporate treasury operations.
Source
• Visa sees Solana as a promising blockchain for mainstream payments.
• High Transaction Throughput: Solana averages 400 TPS, surging to 2,000 TPS at peak, compared to Ethereum's 12 TPS.
• Parallel Processing: Solana's multi-threaded design enables simultaneous transaction execution, improving efficiency.
• Low Costs: Transaction fees under $0.001, predictable due to localized fee markets.
• Fast Finality: Targets 400ms slot time, uses "optimistic confirmation" for quick transaction finality.
• High Availability: 1,893 active validators, 925 RPC nodes, diverse geography.
• Multiple Validator Clients: Increases network resilience.
• Visa plans to test Solana in its stablecoin settlement pilot for corporate treasury operations.
Source
Visa
Visa Crypto Thought Leadership – A deep dive on Solana
With high transaction throughput, scalability, and low cost, Solana's blockchain suits payments and Visa's stablecoin settlement pilot.
Binance Futures Experiencing Technical Issue
https://twitter.com/cz_binance/status/1701516534181400600?
https://twitter.com/cz_binance/status/1701516534181400600?
X (formerly Twitter)
CZ 🔶 BNB (@cz_binance) on X
Experiencing a tech issue on futures. Our team is on it. 🙏
[IanGPT] Mantle Partners with Ondo Finance for RWA Stablecoin USDY
- USDY is a tokenized note backed by US Treasuries and bank deposits
- USDY holders earn yield, currently at ~5% APY
- users do not need to onboard with Ondo to acquire or trade USDY
- users who want to mint USDY have to onboard with Ondo, and require KYC to do so. this is available to "nearly all non-US individuals and institutions"
- USDY will have two forms, a rebasing & accumulating form:
— accumulating form (native form): redemption value increases based on interest rate set by Ondo
— rebasing form (launching mid-October): wrapped USDY (rUSDY), value stays pegged at $1, interest accrued via new rUSDY tokens
News Source
rUSDY Mechanics
- USDY is a tokenized note backed by US Treasuries and bank deposits
- USDY holders earn yield, currently at ~5% APY
- users do not need to onboard with Ondo to acquire or trade USDY
- users who want to mint USDY have to onboard with Ondo, and require KYC to do so. this is available to "nearly all non-US individuals and institutions"
- USDY will have two forms, a rebasing & accumulating form:
— accumulating form (native form): redemption value increases based on interest rate set by Ondo
— rebasing form (launching mid-October): wrapped USDY (rUSDY), value stays pegged at $1, interest accrued via new rUSDY tokens
News Source
rUSDY Mechanics
www.mantle.xyz
Mantle Network | Building the Liquidity Chain of the Future
Mantle Network aims to be the "Liquidity Chain" to drive capital efficiency in the on-chain economy through modular architecture, data availability solutions, and zero-knowledge proofs.
ENS Domains Allegedly* Suffers Data Leak After Breach and Dump by SiegedSec
https://x.com/officer_cia/status/1701569495658123601
https://x.com/officer_cia/status/1701569495658123601
Metamask Snaps Launches Open Beta
Now live in v11.0+ of Metamask
- Snaps are like browser extensions, but for Metamask
- Snaps augment and enhance user experience and Metamask capabilities beyond the base wallet app
- e.g. with the Leap Cosmos Wallet Snap, users can connect to and interact with Cosmos dApps directly from Metamask
- 34 snaps live, allowing access to non-evm blockchains like solana, cosmos, aptos, sui, algorand, arweave, tezos, starknet
Official Tweet
Snaps Directory
Now live in v11.0+ of Metamask
- Snaps are like browser extensions, but for Metamask
- Snaps augment and enhance user experience and Metamask capabilities beyond the base wallet app
- e.g. with the Leap Cosmos Wallet Snap, users can connect to and interact with Cosmos dApps directly from Metamask
- 34 snaps live, allowing access to non-evm blockchains like solana, cosmos, aptos, sui, algorand, arweave, tezos, starknet
Official Tweet
Snaps Directory