Snekkies is a community-led @snek inspired PFP collection designed to enhance & add utility to $SNEK. Self-sustained by Crypto Mining. Stake to earn $SNEK πβπ°
This is an actual problem for L1s. And it's the main reason why Cardano no matter what needs to start acquiring stake in its protocols & companies.
IMO Cardano should immediately start buying WMTX, SNEK, NIGHT, MIN, STRIKE, LQ, STUFF, IAG, FLDT and others.
It doesn't have to be much. It can be Dollar-Cost-Averaging a little bit every month. But the Treasury needs to hold its top Tokens.
This is in addition to the Treasury owning actual shares of companies through Draper Dragon.
π @SnekkiesNFT GIVEAWAY π
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You have 48hrs to enter, after a winner will be randomly selected. Good luck!π€πΌ
$snek #cardano#nft#crypto
A 6.5% swap loss on a $100K ADAβUSDCx trade.
This is why we need to deploy blockchain-wide strategies ASAP to boost stablecoin liquidity and reduce swap fees.