@DigitalGoldTalk Wow, thank you!
How do you have time to cover so many distinct areas of this effort? You inspire us!
Do you need help (other than spreading the word?)
Last weekend: 2 live events powered by our cashless payment system.
6,331 on-chain transactions
33 relayers
3,640+ NFC cards
Total fees: 1.40068 EGLD (~$5.3) 🤯
For both organizers and thousands of participants, everything was fully transparent and immutable on @MultiversX.
No more:
“my balance looks wrong”
“I topped up 100 RON and it’s gone”
“I only bought one drink, where’s my credit?”
“money disappeared from my card”
Every transaction = on-chain, traceable, untouchable.
That’s what real-world blockchain looks like.
🚨BREAKING: The S&P 500 is officially going 24/7.
S&P Dow Jones Indices licensed the index to Trade[xyz] for Hyperliquid perpetual futures contracts.
The benchmark now trades 24/7 on-chain, with NO market closures for first time in the index's 69-year history.
THEY DID IT.
The SEC and CFTC just dropped a landmark document that officially classifies crypto assets.
They're actually telling us which crypto assets are securities and which ones aren't - by name!
THIS IS SOMETHING GENSLER REFUSED TO DO
(he focused on prosecuting crypto out of existence)
This rule doc gives crypto many of the benefits of the clarity bill - it lifts us out of the gray market - it gives every asset a path.
It's almost like the Clarity act just passed by way of regulator.
(of course, the actual clarity act will harden all this into legislation and make it irreversible in the event we get another Gensler, we still want it)
This rule says there's 5 categories for crypto assets:
1) Digital Commodities - assets tied to a functional, decentralized crypto system (e.g., BTC, ETH, SOL, XRP, ADA, DOGE). Not securities. (yes, they name them on page 14)
2) Digital Collectibles - NFTs, meme coins, artwork tokens, in-game items. Not securities (fractionalized collectibles may be an exception).
3) Digital Tools - membership tokens, credentials, domain names (e.g., ENS). Not securities.
4) Stablecoins - payment stablecoins under the GENIUS Act are not securities. Other stablecoins, it depends.
5) Digital Securities - tokenized versions of traditional securities. Like tokenized stocks. Always securities.
Amazing! This makes so much sense I can't believe it's coming from a regulator.
No more enforcement threats to Ethereum developers and crypto exchanges.
How about the Howey test?
More common sense! If an issuer makes specific promises of managerial efforts from which buyers expect profits, the offering is a security until those promises are fulfilled. Then it's a commodity. The asset itself was never the security, the deal around it was. (E.g. XRP was a security pre launch, became a commodity after).
How about stuff like staking and mining?
Mining? Not a securities transaction.
Staking? Also not a securities transaction, that includes custodial and liquid staking even with LSTs!
How about wrapping BTC? Not a securities transaction.
Airdrops? NOT SECURITIES. NO MORE GEO BANS PROTECTING AMERICANS from free airdrops.
Remember this is a joint doc from the SEC and CFTC, They're actually cooperating on this, no internal strife, this is binding to both.
SEC regulates $80-100 trillion assets
CFTC regulates $5-10 trillion assets
Both of the world's largest capital markets are showing us that crypto assets are here to stay and they're welcome alongside traditional assets.
Every country will follow.
This is the biggest move toward legitimacy I've seen in all my time in crypto. Maybe bigger than the genius act since is covers all crypto assets.
Well done @MichaelSelig and @SECPaulSAtkins.
And especially well done to the indefatigable @HesterPeirce. Her fingerprints are all over this, couldn't have happened without her eight years of principles-based curiosity.
And Supernova is live on BoN!
Blocks being produced every 600 ms on all shards, with a large backlog of transactions consumed at activation like it was nothing.
Looking good!
Good to know
It is also worth noting what kind of network this is. Battle of Nodes does not run on a devnet or testnet. It runs on a shadow fork of mainnet — a fork that copies the actual state of the MultiversX mainnet. The conditions are as close to real as possible without being mainnet itself. That distinction matters for the validity of everything that follows.
@Longin_X The original text did mention $EGLD:
https://t.co/rDRNIrEMZU
But it looks like the current version got rid of several bullet points (vi through xiv), which were naming multiple coins, and kept only the generic, catch-all point (xv which became vi):
https://t.co/lKhSw770d9
@wdrewcurry You said it: they have no financial incentive to reach out and talk to you! The same way big pharma has no incentives for making people healthy. And that's probably the case with most other "big" companies/groups.
So, I guess more of us just have to wake up and lead by example!
@JTchemke I don't know of anyone building what you asked, and I stay away from trying to predict the direction, let alone the timing of events like that (because whenever I tried, I was off by a lot, so I decided to focus on other areas).
A bunch people complaining: "only 42%? that's not even half!"
They probably didn't even try to vote, or else would have noticed that $EGLD inside LPs was not eligible for voting. Nor was $EGLD in the wallet, i.e. NOT staked.
So, yeah, 42% for staked $EGLD is actually a lot!
🚀
THE EGLD EVOLUTION PROPOSAL HAS PASSED.
A landslide. High participation. High conviction.
A moment of revival for the MultiversX community.
A decisive step, arming the Supernova upgrade with incentives that compound and change outcomes.
Participation reached 41.98%, with 94.55% YES votes.
One of the highest participation rates not only in MultiversX history, but a record showcasing a case study across all blockchain governance efforts.
A smashing success for the investors, builders, and community members who keep contribution at the center of this ecosystem.
Your actions are shaping the MultiversX network. In. Real. Time. Thank you for your effort and conviction.
The next instrumental milestone in front of us is Staking v5. Meticulous efforts are already accumulating to it.
~16.5% competitive staking incentives.
The fuel for a new liquidity rally.
In every wave of market uncertainty, lies hidden asymmetric opportunity.
For those wise enough to see what others cannot, this becomes a true gift.
@JTchemke Capital flow (via better bridges and native stable coins) is a bigger success driver, imo, than any technological edge. But it is possible that due to some tech edges that Supernova will bring that MvX could form one or more partnerships that will bring/improve capital flow...
Knowing that past performance does not guarantee future returns, it looks like even at the current high $EGLD prices (& relatively low in $), one RoyalMember NFT gets amortized in about 2 years...
That is a 50% return on the $ invested in the SFT. A really good ROI in my book!
All you need is an #ONEDEX#RoyalMember#SFT + 15000 $ONE. Quite cheap during this times, but good offers don't remain for long. You get also a 10% APR for the amount of $ONE you stake.
So, monthly $EGLD + daily rewards on $ONE according to the APR.
@OneDex_X@OneFinityChain