JUST IN: Users will soon be able to stake their Bitcoin directly on Cardano—securely, privately, and without custodians—thanks to the upcoming launch of Midnight and Midgard.
🚨Market volatility is skyrocketing as if there is A FINANCIAL CRISIS
The Volatility Index, $VIX, spiked to 59 points, the 4th highest level EVER.
There were only three times when the VIX traded higher:
- Great Financial Crisis
- 2020 Crisis
- August 2024 Flash Crash
Meanwhile, the S&P 500 futures are crashing 5% in the session and are trading 22% below the peak - BEAR MARKET.
If you want to be VERY rich. Do this. It guarantees it.
It's NOT about how much money you make this year.
It's about how much BETTER you have gotten at making money this year.
If your abilities/skill keep going up, inevitably you will become so good at business that money...lots of money...will come to you with ease.
Business isn't luck. It's managing risk, people and understanding how recognize holes/problems in a market and make products around them.
Like guitar, like Jiu Jitsu, like any skill you can get better at these.
While not every business you start will win big, as you get better at these skill you will hit gold more and more often because you simply know what works and how to execute it.
What works in business does not changes. Managing risk, people, marketing and product creation is the same across any business minus the specifics of the industry/product itself.
So by default, if you keep getting better and keep trying you will end up very rich.
So again...Your goal should never be money. It should be improving at the skills that make money. Improvement should be your main criteria for if you are winning.
Then once you think like this it is just like working out. You need to keep increasing the business "load" you are trying to lift.
Take bigger shots, manage more risk, build bigger more ambitious projects. ALWAYS. If you get to a 150 pound bench press and stop you will not grow. The same applies in business.
This is an important distinction. Most do not make much money, but RAPIDLY improve their first year or two. They then quit because their criteria for success ins money.
If they just kept focusing on the right criteria...growth...eventually they will grow into the excessive financial reward.
Hello Sundae Community!
In February the Sundae Protocol generated a total of 40,370.965743 ADA in revenue.
We have successfully conducted a withdrawal and distribution of February's revenue.
As always, we're committed to transparency— here's a detailed breakdown of the revenue and how it's allocated!
Total Revenue Generated: 40,370.965743 ADA
🔁 26,204 ADA from trading fees
🍨 14,166 ADA from staking rewards
Protocol Revenue Allocations (based on a previously approved DAO vote):
🍨 15% (~6056 ADA) has been used to purchase @USDMOfficial and has been deposited into the SUNDAE Treasury via @clarity_dao, bringing the treasury's USDM balance to 48,390 USDM. View all assets in the Sundae Treasury here: https://t.co/VcS4pIVh9m
Note that there is an ongoing governance vote to direct the USDM purchased each month be deposited into @liqwidfinance to begin earning interest for the protocol. You can vote on this proposal here:
https://t.co/E6o54uI6fM
🍨 15% (~6,056 ADA) has been set aside for distribution among SUNDAE token holders participating in the yield farming delegation program, bringing the total ADA rewards to 80,483 ADA. These rewards are now available to claim from the yield farming tab!
🍨 ~20,185 ADA (the lesser of 50% or 20k + 10%) has been distributed among 21 active scoopers. After reimbursing Scoopers for transaction fees, this amounts to ~384 ADA per Scooper.
🍨 15% (~6,056 ADA) has been allocated to Sundae Labs, covering approximately 50% of our current AWS expenses. An additional 1% (~404 ADA) has been allocated to Sundae Labs to cover the time spent claiming and distributing these rewards.
🍨 ~1614 ADA remains unallocated and will be left in the Sundae contracts to continue earning Cardano staking rewards and to avoid unnecessary transaction fees.
Thank you for your support!