@Evan_ss6 So the counterparty locks up 1m and if Sol hits $600+ their 1m becomes 2m - if it doesn’t their 1m becomes zero……why wouldn’t they just buy Sol with the 1m instead - if it hits $600+ their 1m becomes 3m+ and if it doesn’t their 1m is still > zero (unless Sol is zero)
BREAKING: Banx is now the #1 leader in TVL for NFTfi on Solana 👑
Notable TVL Metrics:
SOL Loan TVL = 10,648 SOL ($1.51M)
SOL Offer TVL = 4,993 SOL ($709K)
USDC Loan TVL = $355K
USDC Offer TVL = $73K
Total TVL = $2.76M 🤑
(Source: DefiLlama)
Doing a PPP memecoin experiment that might or might not involve airdrops.
To be part of it, QT this w your address (or just RT & reply)
To kick it off, here’s mine:
AS3yMXa5yPRFeLgsdQkFR1KxBowExSY1JUzRGZj8iAMu
If we get enough real participants, the experiment will proceed 🐱