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JUST IN: Coinbase CEO Brain Armstrong says his team is doing everything they can to help following Binance hack.
"Crypto has been through many tough times, and has always come out stronger on the other side. This won't be any different."
JUST IN: Coinbase CEO Brain Armstrong says his team is doing everything they can to help following Binance hack.
"Crypto has been through many tough times, and has always come out stronger on the other side. This won't be any different."
Yesterday was ugly for Robinhood Chain. A lot of the ecosystem got smoked, liquidity got tested, and $OURO got dragged down with it.
But I don’t think OURO is out of the game at all.
While price was getting crushed, the protocol literally changed its fee structure to focus harder on building the machine underneath it:
3.3% of every buy/sell → protocol-owned LP
1% → holder airdrops
0.4% → ops
100% of vault performance fees → LP
That means less focus on paying everything out immediately and more focus on building permanent liquidity that can generate fees from $PONS, $CASHCAT, $AI, $MICRODUCK and whatever gets added next.
Meanwhile I kept buying the lows.
I’m now sitting on 1.07M+ $OURO, with 600k+ compounding in the vault and 0.059% of every eligible payout cycle.
Price can look terrible while the underlying system gets stronger.
The next few weeks are what I care about:
more LP
more ecosystem volume
more treasury fees
more compounding
If the reserve keeps growing while payouts start stabilizing again, yesterday might end up looking a lot different in hindsight.
Still here. Still compounding. Still watching the thesis play out.
@OuroLayer@RobinhoodCrypto
$OURO #RobinhoodChain
@BeefMcManstick you should take a look at robinhood:0x8ea0eb3505f5b3bd2bbea0febae0ce850cc73ecc they have a 5% tax on buys and sells but they airdrop 1% back to holder of over 100k and then 3.3% into LP positions where 80% is airdropped and 20% is compounded back in 🔪
G’day trainers. This is the first post in an upcoming series of guides about the game - today we are exploring gathering.
The hunt starts soon, pre-register ahead of the pack at https://t.co/lRRsyuNkXh ⏰🚀 https://t.co/dag3mZ9uN1