Everyone’s paying brokers to buy Tether equity at $500B.
I just bought $BCAP for ~$40.
Blockchain Capital got into Tether at a $10B valuation. At $500B, their Tether stake alone = ~$157 per token.
That’s Tether exposure at a 75% discount to what the private market is paying.
This is the most obvious arbitrage I’ve seen in a while.
Finally $Tether is getting repriced on $BCAP balance sheet at $200B valuation - plenty of legroom until $500B.
The only place to trade it is @Securitize.
P.S. I am BCAP investor since it's ICO in 2017 and hodling because the NAV and liquid price is significantly undervalued.
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Ethereum mainnet gas fee is now on par with L2s after the Fusaka upgrade
0.022 gwei 😁
A single USDT transfer on Ethereum now costs just $0.01
By the way, layer 2 gas fees costs are projected to go down by almost 50% in the coming months
Call for local 🇦🇷ARGENTINIAN🇦🇷 builders 🛰️🧑🏻💻
If you’re a local Argentinian builder wanting to join the frontier forum please reach out or ask a mutual to share your Luma info
We’re pretty close to capacity and while it’s epic the frontier forum has a lot of interest we want to make sure there’s opportunity for the local community to be a part of it
@CudisWellness Regulate the nervous system with breathing techniques and meditation + don't overtrain when HRV is low, especially in the evenings!
#SleepWithCUDIS
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Couple of big advantages the ETH Treasury Companies have over BTC.
1. ETH volatility is higher, so the embedded call option is worth more.
2. ETH has more options to earn DeFi yield, improving ETH per share.
and Nexus is there to help them earn DeFi yield safely.