I think this is a reasonable compromise.
If Signal wants the people to sign up without a phone number then a one-time payment makes sense.
But Iβd also like to see crypto payments as an option.
If the whole point is privacy, forcing users to pay through a traditional payment method feels a bit ironic.
Regrettably, we've made the decision to wind down the Dango project. Despite our best effort, various reasons have led us to conclude there is no viable path to a lasting commercial success.
Funds are safe. Limits to withdrawals will be lifted shortly. We encourage you to close positions and withdraw funds. Be careful of slippage, as liquidity is expected to be thin.
On Wednesday, July 29, 12 pm UTC, trading will be halted. Remaining positions will be closed at oracle price. DLP vault deposits will be unlocked. All funds will be returned as USDC to your spot accounts.
On Wednesday, August 13, 12 pm UTC, the Dango L1 blockchain will stop running. Deposits not withdrawn at this point will be refunded to their deposit addresses on Ethereum.
To our users: thank you for the support, and we're deeply sorry for not being able to make it work.
Regrettably, we've made the decision to wind down the Dango project. Despite our best effort, various reasons have led us to conclude there is no viable path to a lasting commercial success.
Funds are safe. Limits to withdrawals will be lifted shortly. We encourage you to close positions and withdraw funds. Be careful of slippage, as liquidity is expected to be thin.
On Wednesday, July 29, 12 pm UTC, trading will be halted. Remaining positions will be closed at oracle price. DLP vault deposits will be unlocked. All funds will be returned as USDC to your spot accounts.
On Wednesday, August 13, 12 pm UTC, the Dango L1 blockchain will stop running. Deposits not withdrawn at this point will be refunded to their deposit addresses on Ethereum.
To our users: thank you for the support, and we're deeply sorry for not being able to make it work.
Week 25 has been decent so far.
I have managed to hit $115K trading volume on @sodex_official
Let's see where I end up this week... still a few hours left. π
How's your Week 25 going so far?
The more time I spend on @sodex_official, the more I realize it's very different from most Perp DEXs.
A few things that I found interesting:
β It isn't built on Ethereum, Solana or another existing chain. SoDEX runs on its own Layer 1 called ValueChain, with the order book operating fully onchain.
β During testing, the network reportedly reached 100,000 TPS by distributing the matching engine across validator nodes instead of relying on a single centralized server.
β Unlike AMM-based DEXs, SoDEX uses a fully onchain order book. Very few projects have attempted this architecture at scale. Hyperliquid is probably the closest comparison.
β Spot and perpetual trading share the same account, so switching between crypto and RWAs feels much more seamless.
β It's not just a standalone exchange. SoDEX is part of the wider @SoSoValueCrypto ecosystem, where research, investing and trading are all connected through the $SOSO token.
β Within a short span of time, SoDEX had attracted hundreds of thousands of users.
Does this guarantee success?
Of course not.
Crypto has taught us that great technology alone isn't enough.
But from a product perspective, I genuinely think @sodex_official is building something worth paying attention to.
Curious to know...
What's the biggest reason you're using SoDEX right now?
I was trying to figure out what Ondo Perps points could actually be worth.
Nobody knows yet.
My rough estimate is somewhere around $0.50-$1 per point, but that depends on a lot of things.
-> How much supply is allocated to the airdrop
-> ONDO's price at TGE
-> Total points issued
With ONDO currently around $0.40, I'll probably build a simple spreadsheet and update my estimates as new information comes out.
If you're farming Ondo anyway, here's my referral for 20% off fees:
https://t.co/VxX5Z8565E