💥BREAKING:
The whale who longed $200M in crypto before Trump’s crypto reserve announcement…
Just changed his name to “March 7”
The White House crypto summit date!
WHAT DOES THIS MAN KNOW???
🇺🇸 BIG WINNERS OF U.S. CRYPTO POLICY: $XRP, $ADA, and $SOL are thriving, with $AVAX awaiting recognition and $SUI, $FIL, $APT, $NEAR, and $MOVE gaining momentum after White House invitations.
Meanwhile, $LINK, $LTC, $DOT, and $HBAR are stronger candidates for the strategic reserve than memecoins.
A Crazy Idea for Token Issuance
What if someone issues a token with the following tokenomics?
Initially, 10% of the tokens are unlocked and sold on the market. The proceeds go to the project team to build out the product/platform, marketing, salaries, etc.
Each future unlock must meet ALL of the following conditions:
1. Six months after the previous unlock.
2. ONLY IF the token price has sustained above 2x of the previous unlock price for more than 30 days immediately before the unlock.
3. Up to 5% of tokens maximum each time.
For example, if the TGE was in Jan with a price of $1, by June, if the token price is still less than $2, no more tokens can be unlocked. Let’s say the token's price was above $2 from July 4 to Aug 3, then on Aug 3, 5% more tokens can be unlocked into circulation. Say the price is $3 on Aug 3. The next earliest unlock possible is March 3 next year, and only if the price is above $6 for longer than 30 days.
The project teams have the discretion to delay or reduce the size of each unlock. If they don’t want to sell more, they don’t have to. But the maximum they can sell (unlock) each time is 5%, and then they have to wait for at least another 6 months AND the price to double again.
The project team does NOT have the discretion to shorten or increase the size of the next unlock. The tokens shall be locked by a smart contract where a third party controls the keys.
This avoids new tokens flooding the market when prices are low. It also gives the project team incentives to build for the long term.
I have no plans to issue a new token. Just an idea for discussion.
USDC withdrawals are now live with the @MoonwellDeFi Card! 🌜💳🌛
No more holding your #crypto in one place—move it anytime, anywhere, just the way you need.
Beta App coming soon!!
#crypture#solana#Binance
💳 Unlock the power of digital payments with Crypture!
Join the waitlist today if you haven't already!
Although cards are currently issued on an invite-only basis, your opportunity is just around the corner! 💪
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We’re sorry to hear about the #Bybit hack. Security is vital, and we hope Bybit strengthens protections. Stay cautious, enable two-factor authentication, and follow best practices to protect assets. Together, we’ll build a safer crypto space!!
✧ 💳
Need more info?
Here's a handy page with all the details — how to sign up, supported countries and answers to other common questions.👇 https://t.co/mSX7PEBqpR
#cryptocard#Binance#app#solana#eth
✧ 💳
3-2-1! Here we go
We’re thrilled to collaborate as we continue developing our cutting-edge app with @MoonwellDeFi for the official launch of Moonwell Card!
Your onchain assets can now be used for global payments — fast, simple, and secure.
✧ 💳
Ready to get started? Here's how 👇
1️⃣ Visit https://t.co/mSX7PEBqpR and tap "Get your card"
2️⃣ Complete a quick KYC - done in minutes!
3️⃣ Receive your digital card instantly
It's that easy to go from onchain to real-world spending!