🚨FOOTBALL ON TRIAL ⚖️
Everton and Nottingham Forest both lost league points for breaking the Premier League's spending rules. Man City have now reportedly been found guilty on 114 of 115 charges, and no punishment has been announced yet.
Genuinely asking: if City get anything less than a points deduction, is the Premier League admitting there's one rule for the rich clubs and another for everyone else?
Comment what you think the punishment should be, and tell me if you'd treat City differently from Everton...
Robert's story on My 600-lb Life is still one of the most heartbreaking TV moments ever. He lost over 290 lbs, was walking again, and was days away from getting married before his body gave out.
😥 😔 😟
One thing DeFi has done really well is make financial infrastructure more accessible.
But there’s still a pretty obvious limitation: a lot of onchain trading revolves around the same group of crypto assets.
@HertzFlow_xyz is taking a different approach with its Mainnet.
Instead of limiting leveraged markets to crypto, HertzFlow is building infrastructure that can support forex, commodities, stocks and other assets through oracle-based pricing.
And because market creation is permissionless for supported assets, the interesting question becomes less about “which token can I trade?” and more about “what markets can actually exist onchain?”
That’s a much bigger idea than another trading interface.
#HertzFlow
I was checking the $NFT market on JustLend DAO today and noticed something interesting.
The market already has $522.22K in total supply, but only $4.75K has been borrowed.
That got me thinking about how many people holding $NFT actually know they can use it in a lending market instead of just leaving it in their wallet.
On JustLend, you can either supply $NFT or borrow $NFT using supported collateral.
Here’s what the market currently shows:
• Total Supply: $522.22K
• Total Borrow: $4.75K
• Suppliers: 7,186
• Borrowers: 86
• Supply APY: 0.01%
• Borrow APY: 2.34%
• Utilization: 0.91%
• Collateral Factor: 60%
If you want to supply:
1. Connect your wallet to JustLend DAO
2. Open the NFT market
3. Tap Supply
4. Enter the amount of $NFT
5. Review the details
6. Approve and confirm the transaction
Your supplied position is represented by jNFT.
For borrowing:
1. Connect your wallet
2. Make sure you have eligible collateral
3. Open the NFT market
4. Tap Borrow
5. Enter the amount
6. Check the borrow rate and risk details
7. Confirm the transaction
The current 60% collateral factor is important to keep in mind because it determines how much you can borrow against eligible collateral.
I also noticed the utilization is only 0.91%, so most of the supplied $NFT isn't currently being borrowed.
It will be interesting to see how these numbers change as more users start using the market.
If you're holding $NFT, JustLend gives you another option to consider beyond simply keeping it in your wallet.
Check the market, understand the rates and parameters, then decide what makes sense for your position.
Explore here: https://t.co/xFpygYgPol
#TRONEcoStar @justinsuntron #TRON #AINFT
GM GM
one thing about CT, somebody will always find a new chart for you to stare at 😂
anyway, @HertzFlow_xyz caught my attention because they’re not treating onchain leverage as a crypto-only thing.
forex, commodities, stocks… now that’s a wider playground.
#HertzFlow
Something I think people can easily overlook about HertzFlow:
the vision isn't limited to BTC, ETH and the usual crypto pairs.
The platform is designed around crypto, forex, commodities and stocks, with oracle-supported markets.
Being able to access different types of markets from a self-custodial setup is a much more interesting proposition to me.
@HertzFlow_xyz #HertzFlow