There's a pool of 400 BNB in token vouchers with your name on it.
(Well, not literally. You still have to trade for it. 😅)
THE Trading Tournament is here.
Explore → https://t.co/8Noo3ukoZa
$THE Binance Trading Tournament has just kicked off with a bang, and spot volume has already surged by 3,000%.
The race runs for 7 days with 400 BNB in total rewards and 12 BNB going to the #1 trader.
Your time starts now!
https://t.co/6tVspimGvZ
Pioneers of the programmable economy aren’t just bringing traditional markets onchain, they’re scaling them to be faster, more open and accessible
@CarbonTerminal is doing exactly that with their 24/7 trading platform where users can trade crypto, stocks, commodities, ETFs and more on Arbitrum One
So far they’ve achieved:
> $3.3B+ in total trading volume
> added 1000+ markets
> brought in 5.8K+ users
This is just the start for finance
How do vaults work, how have they evolved, and what role could they play in the future of onchain finance?
@AndreCronjeTech is featured alongside SEC Commissioner Hester Peirce and voices from Aave, Veda Labs, Steakhouse and the Ethereum Foundation in @JacobRobinsonJD’s latest @LawofCodeFM episode on vault mechanics, risks and regulation.
Watch below 👇
August went net negative.
~2M $BEETS bought from the open market against 1.55M emitted. ~369k went straight back out as gauge rewards.
~809k was the first treasury buyback under BIP-116 and the second half of the proposal cuts 120k $BEETS from every gauge vote from mid-September.
Half the mechanism is live and it's already turning.
FT trading has been enabled on Sonic Trade, and Lend caps on Ethereum have been increased:
▸ WETH borrow cap: 400 → 500 WETH
▸ wstETH supply cap: 300 → 400 wstETH
How does ftUSD generate yield that outperforms traditional DeFi products?
@AntonNellCrypto explains the delta-neutral strategies behind ftUSD, where the yield comes from, and why every Flying Tulip strategy remains fully onchain.
Printer is printing. @symm_io is $symm(ing). Another week another sweet %6,55. @aeroxyz $pons $laptop $AERO @baseapp@base
Go get it ... https://t.co/nfhddnc1J8
I love the smell of burning tulips in the morning. The future of onchain finance is now priced at $85m FDV. This is the biggest asymmetric bet of the entire cycle imo.
Flying Tulip.
the best way to get exposure to FT still seems to be buying puts on the marketplace
premiums start around 4% but no real liquidity until reaching 6%
arguably the deal right now is way more attractive that back in February:
- max. fdv massively reduced
- assymetry of the bet is kept (downside limited to the premium you pay)
- execution and traction way more advanced
More of the unallocated FT supply has been burned.
These tokens were already non-circulating and have now been permanently removed.
🔗 Burn transaction: https://t.co/4bG4SQoTKa
Q:What is Flying Tulip TRS?
A: Leveraged Aggregator, comparable to perps.
One can pay only 1.8% yearly to long 10 BTC on
@flyingtulip_. (For comparison 10.95% on HyperLiquid)
Q:How about Liquidity?
A: Huge liquidity. It uses liquidity on the entire chain, just like an aggregator (e.g. 1inch, Cow Swap).
Q:How does it work?
A: 🧵👇