"Look! The people spying on me and my family and selling the data to god only knows who claim it's for my own good! IT'S EVEN ON THEIR WEBSITE!! SEE!?!? All good!"
- an insufferably stupid fuck
Lol I keep telling you guys
Its just gonna keep ticking up....every day
When people buy on the dex, it mints more and puts it in the lp
When people sell, it burns
Always ensuring the price goes only one direction vs the collateral
A muslim foreign invader from Iraq blocks the street for no apparent reason in San Benedetto del Tronto, Italy.
Local mayoral candidate, Giuseppe Barboni, was just walking down the road eating an ice cream cone 🍦when he saw what was happening.
He then politely threw the foreign savage invader's bike onto the sidewalk and asked him to reunite with his bike on the sidewalk but the military age invader refused to move.
Mr. Barboni then educated him on how to behave in a western country by introducing the Iraqi to the pavement then his fists🥊🤌🏽🇮🇹
Deport accordingly...
#CityLife #italy #SanBenedettodelTronto #HolyWar #icecream #europe #italian #invasion #learning #education #FAFO #iraqi #europe #Italia
Observation: I sit on a park bench, you walk by, and I notice your boots.
Surveillance: I follow you, record your every move, put it in a searchable database, and hand it to anyone willing to pay for it.
Flock isn't people watching.
It’s stalking and monetizing the victims.
Definitely hold on to your LBRTY
This is the 2 token system we've been talking about for a year.
It's the foundation of everything else we're building.
LBRTY remains volatile, big candles both ways, this causes arbitrage, which makes dMKT (and any other MKT token we drop) slowly move in one direction in the vault. Up
The profits from the arb bot that pegs the dex dMKT price (dMKT behaves like any other token on the dex) to the vault dMKT price gets rolled back into the protocol in liquidity and buybacks
For example, last night the arb bot made over 200 bucks with all the volatility. This helped raise the vault price of dMKT in the vault by 3%, regardless of which direction LBRTY moved
The vault mints dMKT when you buy with DAI. When you redeem your dMKT for DAI from the vault, it burns the tokens. The fee you pay for either action stays in the vault, increases the collateral, which increases the price of dMKT.
As the price of dMKT rises, you get to redeem it for more DAI
Website has been updated, updated whitepaper reflecting the new phased launch
Security audit is available for download. https://t.co/BWe1msMHb3
Shout out to @SpyWolfNetwork for doing the work. While I'm sure they do it for everybody, their compliments on the code were much appreciated, they're great to work with
Vault is live! https://t.co/5iDqfChYmV
Audited by our in house cybersecurity expert @LibertySec1
Audits don't guarantee anything, so don't use your main wallet or if you want to wait until it's more battle tested there's plenty of dMKT on the dex. We ran the whole LP through it so we got faith in it
dMKT on the vault is already up over 3%, and given the monotonic nature of the contract math, it will never go down vs the collateral (DAI) in the vault. Price action on the dex is independent
Merch store is also live! https://t.co/nkvls1Dfs3
All profits from merch sales, you guessed it, get flywheeled back into the protocol
If you guys wonder about the quality, we've sent merch samples out to the @woogee bros, @House_ofHex bros and @NoobDecentral, pretty sure they liked the stuff
Eurobros....you guys got some wacky regulations so some countries won't let you buy stuff. Sorry
It's been a crazy day guys. Maybe we'll do a recap in a space later if @imshillgates or @Midnightmittt are up for it
If you have any issues with anything let us know!