First of this month. First things first.
Crypto market can be manipulated easily. It's a shark game. If you get a prey you survive the night. If you didn't get a prey you lose or die of starvation.
On researching the market sentiments, and the news around #BTC, this month can be a month of turning point.
Risk players, can succeed huge. And gambling players can lose heavily.
If you are deciding to invest, make sure to invest in project that is backed by coin with heavy interest, for example #BNB and #BTC.
Only certain projects and teams, will be able to build around such eco system. They are the ones that will survive and succeed big.
So make sure to DYOR. DCA. and dont take any FA.
#Crypto #BlackRock #Etf
So, it's time for the revival of Harpoon by @TeamKujira.
For those unaware, Harpoon was first launched way back in the days of Terra and it resulted in the founding of Kujira's ORCA liquidation engine.
While it was a separate project, the team consisted of $KUJI's OG team, and others before they split ways.
Harpoon was effectively an application which listed all current loan positions on Terra's Anchor Protocol, on top of this, it allowed users to participate, or at least attempt to participate in liquidating over-leveraged borrowers, that is, whenever a loans LTV was above its maximum threshold.
I personally used the app when it was launched, and can I just say, I was ecstatic when I found it, there were so many opportunities to make profit. So why was no one was talking about it???
As soon as I started to make bids on liquidations, I realised the problem.
Time after time I was beaten by bots. It was a bots game, no room for human participation.
All that opportunity, lost. The bots were raking in huge profits, while I sat there watching liquidation after liquidation pass me by.
Then came Kujira's ORCA liquidation engine, completely changing the game and democratising the liquidation market.
With the rebooting of Harpoon on a range of money markets cross chain, Kujira has the ability to highlight the issues surrounding the current liquidation market, specifically the high concentration of profits to those with bots and abundant amounts of capital.
Through highlighting these issues, perhaps we will see money markets onboard Kujira's liquidation engine which is already ready to implement.