The reason why liquidity is concentrating around the @Backpack variant is because it's the only tokenized stock in the world that allows you to cycle the asset between Solana and Nasdaq, the only one that allows you to on and off ramp from your brokerage account, and the only one that gives you a redeemable right for the underlying security entitlement.
Endstate looks something like:
>Use your lend position as margin
>Trade undercollateralised options
>Hedge them with perps
True portfolio margin
Across any market instrument
Utilising any asset as collateral
This is how we win
🚨 UPDATE: Sui released an incident review detailing three mainnet outages on May 28-29, caused by gas charging bugs and a validator randomness issue.
All issues have since been resolved with no user funds at risk.
30% tax withholding on dividends for stocks on Bitget.
This is way too high for any country that has a tax treaty with the USA.
These details matter a lot to do stocks right.
With the CFTC putting the full force of law behind regulated perps, with the SEC bringing securities onchain, with SpaceX, the biggest IPO in history, about to pop, a new era of crypto is forming.
Until now, crypto has operated as a parallel financial system. Segregated assets, segregated markets, segregated users, and segregated products. We went from the ICO craze, to DeFi summer, to the proliferation of L1s, Ethereum Killers, L2s and the like, to the NFT boom, the memecoin mania, the perp DEX craze, and the rise of DATs.
As crazy as it once sounded, today, the old financial system is merging with the new one. And what follows is the next evolution in global market structure that will forever change the landscape for securities around the world.
It’s not about one blockchain or one token vs another. It’s about crypto making the leap into Modern Finance to grow the industry 100x alongside the largest pools of capital in the world. Finally, it’s time for the old guard to meet the new.
So what’s next?
The dawn of the crypto native stock broker.
@randomando100@basq0x@zhao_dashuai You are just trying to be smart, but you keep changing what you said, so you ending up to sounds fool.
Goodbye, Basq just killed you two times. . .
https://t.co/wnRr6nXtOO
You didn't put the percentage.
92,000 / 1,400,000,000 = 0.0000657 as a decimal. To express as a percentage ( like you did in your post), multiply by 100 → ~0.0066%, not 0.000066%.
You forgot the ×100 conversion.
You don't even know what your are talking about....
Have a nice day, we have done here.
@randomando100@basq0x@zhao_dashuai You twisted things just to make your point, but you’re still missing the bigger picture.
Basq’s reply was literally proving to you that numbers don’t mean everything. Instead of getting the point, you just got triggered.
lol
I am married to a chinese woman, and this is our last convesation:
My wife: "We are the perfect couple."
Me: "Naturally. You make the decisions, and I agree to them."
My wife: "Yep. Total harmony."