.@brian_armstrong from @coinbase said agents will be trading crypto.
But what happens when an agent needs a quick liquidity boost to scalp a trade?
That’s where @MagpieLoans comes in.
$Magpie is the first agentic lending protocol, powered by its own agent, Pip, lending crypto to both agents and humans — instantly, without KYC, and without hassle.
Liquidity, directly at your (agent’s) disposal.
@KingViSwed@MagpieLoans@X That's actually a fair shout. Set a price point like 500k if it drops to that burn whatever is in the "treasury". $magpie.
Then raise the bar every few weeks
@MagpieLoans Burn is the safest option. I think having us directly profit from people defaulting gives the wrong impression of this helping the ecosystem
@MagpieLoans I think having magpie as a loan type is too risky. Aside from reputationally habing people potentially default on your home token not looking great, when the market shakes it's a double whammy.
@MagpieLoans Can I make a suggestion. You should stop doing loans on the $magpie token itself for a few weeks. Imo it exposed the coin the extreme volatility because people are too concentrated on a few loans, making the coin movements very dynamic which then compounds because loans on it
@devs_hunter I'd have to guess that this coin is bundled at least 50%. I got bored counting the wallets. High risk if it's not in a locked supply. $pepti
@omgsidewalks The reason they don't is because you want to be the LAST country to tax billionaires, not the first, so they move to your country from around the world
@MarcPilot75@CallumLyon For the past few years the BoE have been doing aggressive fiscal tightening, effectively burning cash. Partly what's keeping interest rates higher