Sirius

Crypto General
Forward➡️

[Aliaian @Aliaian]

been digging deeper into https://t.co/YWbwiVy7fe / $MONEY and imo the easiest way to understand it is as a degen credit layer for tokenized stocks

Robinhood brought assets like SPY onchain, Own lets you actually make that exposure productive

instead of selling your SPY when you need liq, you deposit it into Own and mint eUSD against it. min collateral ratio is 150%, so youre basically unlocking dollars against your SPY exposure w/o selling it

and thats an important diff vs something like Aave. on Aave youre borrowing stablecoins supplied by other users, on Own youre minting eUSD directly against your own SPY collateral

so basically:
SPY -> collateral -> eUSD liquidity

then $MONEY is what connects the product into the flywheel

$MONEY trades against SPY on Pons V2 and the trading fees are collected in SPY. those fees are split 30/70

30% -> buys + burns $MONEY
70% -> goes into the buffer used to pay SPY rewards to eUSD stakers

but if you want to maximize your share of those rewards, you need to stake $MONEY.
and imo thats the important part

more eUSD users -> more demand to buy + stake MONEY for the boost -> more MONEY trading -> more SPY fees -> more MONEY bought + burned + more SPY rewards for stakers

so the flywheel actually runs through the token itself

and the rewards are paid in SPY instead of newly printed MONEY, so its not the usual defi setup where you stake the token and just get paid in more inflationary token

SPY creates the collateral, eUSD creates the dollar liq, MONEY increases your share of the yield and MONEY trading creates the fees that fund both the burns + SPY rewards

imo thats the cleanest way to understand it

you keep your SPY exposure, unlock dollars against it, and if you want to maximize the yield on that eUSD you need to buy + stake MONEY

that creates more MONEY trading, which creates more fees, which burns MONEY and funds the SPY rewards that made ppl want the boost in the first place

thats the flywheel

[BaseStonk @BaseStonk]

TAO pairs are live. Built with @forevermoney_ai

[Sirius @ScipioCrypto]

Shout out @Aliaian he delivers free alpha daily for example $BSTONK was called around 250k market capital, asks for nothing in return so I wanted to give him his flowers

[Sirius @ScipioCrypto]

@Xipzer @jessepollak @base @BaseStonk Dev is free from the burden of monetary desire good tech is the goal 🙏

[Xipz @Xipzer]

Tranche 5 settled: $781.74 to 3,893 entries.

Five for five. 65 rounds, $2,922.37 paid, at current market values.

Up every single day since we started - autonomous, and driven with a desire to build people generational wealth.

[Sirius @ScipioCrypto]

@Xipzer @BaseStonk @CharsLedger 🙏

[Sirius @ScipioCrypto]

@Xipzer @BaseStonk Bstonk or Bsquare

[Sirius @ScipioCrypto]

@Xipzer This shit feeding families

[Call of Duty Japan @CallofDutyJP]

◢◤
Call of Duty: Modern Warfare 4
ベータ開催記念CP
◥◣
⠀
抽選でベータ早期アクセスコードを配布。
新兵・復帰兵問わず、誰よりも早く前線へ出撃せよ。

🎮応募方法
①フォロー＆リポスト
②DMで抽選結果が届く

📅締切
8/23(日) 23:59

8/22からベータ早期アクセス開始
プレイした感想も募集中！

[Sirius @ScipioCrypto]

@Aliaian The non-ETH/USDC pairing mechanic is the real alpha here. Pairing speculative tokens directly against tokenized equities creates an immediate reflexive sink for RWA wrappers the second Coinbase turns on liquidity. Front-running the routing infrastructure is based

[Sirius @ScipioCrypto]

@Aliaian Will not fade 🙏

[Sirius @ScipioCrypto]

@aliaian @0xdetweiler Yall think this would make it in the shit pit? https://t.co/7ZlPuyPhFv

[Sirius @ScipioCrypto]

@CoinTalkCEO @schneizzel_sol Also seeing this too https://t.co/2vz8WVuzHW

[JERED @jrdkzn]

The great vampening

8EDf71fRSK4XGH34HpA3s2GwNFf3iMzRuhzm1L8Zbonk

$TGV

It’s time for bonk

[Sirius @ScipioCrypto]

@CoinTalkCEO @schneizzel_sol 🎒 being soft chilled by unipcs i entered

[Sirius @ScipioCrypto]

@CoinTalkCEO Bluechip could be cool but I dumped for a 1.5 x might come back in

[Sirius @ScipioCrypto]

@Savage968 @CoinTalkCEO Straight to jail!

[Sirius @ScipioCrypto]

@cyrilXBT @IamRamenPanda Study guy who bought 10k BTC in 2011

[Sirius @ScipioCrypto]

@game_for_one Ayo jigsaw you tweakin fam

[Sirius @ScipioCrypto]

@launchcoin + Moving In Silence