L take. They got seeded 20m$ through blast gold, raised more from VCs and barely delivered anything meaningful in the past year. Just kept players investing in the game under the guise of fantasy points.
Obviously players are going to be upset. Reducing actual players to "airdrop farmers" now is even lower and not something I would expect from you but you go off king
Another interesting stablecoin project is @capapp
(part of the MegaETH ecosystem).
Simple gameplay: Stake ETH mainnet USDC to mint stablecoins:
โข cUSD: payment stablecoin, redeemable 1:1 for a basket of regulated dollar assets (USDC, PYUSD, BUIDL, etc.) in Capโs Stablecoin Network.
โข stcUSD: stake cUSD to earn operator-driven yield thatโs covered by restakers via EigenLayer/Symbiotic.
cUSD will earn you 10x caps (their points program) or even 20x for LP/YTcUSD on Pendle. stcUSD will earn 5x caps for LP/YTstcUSD.
YT stcUSD seems like an interesting strategy here, it only gives a 5x multiplier while cUSD gives 20x but at the current APY you recover 70%+ of your assets and if the underlying yield rises even more.
Furthermore using @capapp may make you eligible for @megaeth airdrop.
As always NFA and DYOR.
Seeing a lot of risk management posts popping up today. Obviously this always happens after an event like yesterdays, never before.
99% of people should just never touch leverage. And if you are borrowing/lending in Defi, only borrow against BTC/ETH and never more than 50%.
I believe we probably will still go a leg lower over the course of next week unless Trump publicly changes his mind. I'm just going to keep chilling in spot and farming airdrops.
Umbra (@UmbraPrivacy) is doing a ICO style raise on MetaDao.
It's powered by @arcium privacy network and enables private transfers/swaps on Solana.
Given the pump of Zcash this week this looks very juicy. However the round is already heavily oversubscribed. Still if you have some liquidity this looks like an easy win.
https://t.co/JOrrrgdAZy