I propose a uniquely Singaporean solution to this challenge: a “reverse COE” system to incentivize citizens to have more children.
Drawing inspiration from another uniquely Singaporean concept, the aptly named “Certificate of Entitlement” (COE) is currently used to control the car population. Issued in limited quantities through bi-weekly auctions, the COE sets a ceiling for the city’s vehicle population and currently sells for over $100,000 in 2024. Owning one is mandatory for every vehicle purchased.
A “reverse COE” system aimed at boosting population growth would involve couples bidding to give up their “entitlement” not to have children. The government would set a target number of births and conduct a reverse auction, paying the winning bid for each resulting birth. This would effectively establish a floor for the nation’s birth rate.
$ETH always manages to deliver some fiery 🔥 yields
with @MoonwellDeFi
Check out these automated vaults for yourself:
https://t.co/M8sP67DayG
RocketPool $rETH
Coinbase $cbETH
Etherfi $weETH
Lido $wstETH
@0x_ale Lee Hsien Loong is the son of Lee Kuan Yew, the first PM of Singapore, doesn’t mean it’s not meritocratic though. He was the PM until May this year, when current PM Lawrence Wong took over.
Less than 3 days launch, more than $300+k TVL reached - our single-token strategies are delivering again.
The vaults use a leveraged looping strategy, supplying + borrowing on @MoonwellDeFi. Our automated algorithm finds the best number of loops, to achieve higher APYs for users.
Best of all, no liquidation risks. No impermanent loss risks. Probably one of the reasons why the vaults grew to such huge TVL in such a short time (other than being highest yielding strategy😎)
We've been building since 2020. Our vaults are battle tested since 2020. Give it a go if you haven't. Now on @optimism chain.
$BTC single-token vault at 20%? $USDC at 36%?
Yes, I'd say.
Our wstETH/rETH ACLM Vault on Optimism returned 0.5% in the last 7 days.
Our ETH+ ACLM Vaults generate market making yield on top of the underlying staking yield by pairing LS tokens.
LS tokens on L2s can experience volatility due to bridging costs and duration (up to 7 days to withdraw to L1), and when volatility causes liquidations, etc on L2s.
LPs take on this volatility to earn fees. Our Vaults mitigate trading risk by widening positions on de-peg and maximise profits by tightening positions when on-peg.
I would like to thank everyone for your care and support, be it writing letters, showing support on X, or in any other form. They all mean a lot to me and keep me strong. I will do my time, conclude this phase and focus on the next chapter of my life (education).
I will remain a passive investor (and holder) in crypto. Our industry has entered a new phase. Compliance is super important.
A silver lining of this whole process is that Binance has been under the microscope. And funds are SAFU.
Protect users!
1/ We’re launching Round 8 of our liquidity mining program for @Uniswap on @arbitrum!
We will continue testing how increased liquidity and improved price execution impact trading volume across various pools. 👇
1/ We’re launching Round 8 of our liquidity mining program for @Uniswap on @arbitrum!
We will continue testing how increased liquidity and improved price execution impact trading volume across various pools. 👇
Best way to bridge $ETH to @LineaBuild right now is probably via @Connext, instant 0.3% profit.
And then stake in our @MendiFinance Vault for 400% yield.