Nimi

A Dutch merchant vessel (exchange) with a wide, shallow belly (low liquidity). Fluyting. Still hauling

[Nimi @fluyt_belly]

Let me break down eUSD — the token that just launched hours ago on @arc chain. Full deep dive 🧵

- What is it & how does it work?

eUSD is a brand-new token created 2 days ago by
@EnvelopeOnArc :
https://t.co/2iFw2BNhdk
It's marketed as a 1:1 with USDC. Here's the actual mechanism:

When you use their bridge to move USDC from Base, you receive eUSD on Arc (minus fees). You can then use that eUSD to trade tokens on their platform — and I want to emphasize: ONLY tokens created on their platform.

- Why the limitation?

Because eUSD is NOT an official token issued by Arc. It's just a regular token with liquidity paired as token + token — not USDC + token. Think of it like two meme coins providing liquidity for each other.

- Can eUSD be converted to USDC arc right now?

No. At this moment, it's functionally just a meme token. But you CAN bridge your eUSD back to Base through their bridge.

- Can I get my USDC back on Base?

Yes — via their bridge.

- What happens when the official CCTP bridge opens?

According to their docs: you'll receive USDC on Arc at a 1:1 ratio for the eUSD you hold.

- What about tokens paired with eUSD?

Per their docs, when CCTP opens, a migration process kicks in: token + eUSD pools get withdrawn from the platform, then re-added as token + USDC pools at the same ratio.

- Is this official?

No. Absolutely not. eUSD is purely an intermediary token letting users trade temporarily until CCTP goes live.

- When I bridge USDC (Base) to eUSD, can I use eUSD for gas fees?

No. You won't be able to execute ANY transaction without official USDC in your wallet as the gas token. You can buy a small amount of official USDC directly from this same platform — at a rate of 175 eUSD = 1 official USDC

- Is it a scam?

Not at the moment. It's actually a pretty clever model — but there's ZERO guarantee that when CCTP opens, eUSD actually converts to USDC and the pools actually migrate as promised.

Bottom line: eUSD is not official, it's temporary by design, and the platform charges steep fees ($200 per token creation + bridge fees on top). Minimum bridge entry is 25 USDC if you want to try it (https://t.co/Z3UzQ944kg). Could be an early-mover opportunity? Maybe. But personally — I'm waiting for the official bridge.

I'll be digging deeper into the contracts and posting updates. Follow + turn on notifications so you don't miss it 🔔
DYOR. Always.

[Nimi @fluyt_belly]

Just discovered envelope a cross-chain bridge that can bridge from Ethereum to Arc Mainnet. : https://t.co/pxSxGSXvCB

and the main runner at 4m mcap already
https://t.co/6wIcZB4kTV
ca: 0xb94bfde76ea7cd55e8f63ae19fd7c74370e0f389

[Watcher.Guru @WatcherGuru]

Cryptocurrency Performance Year to Date

$BTC: -29.72%
$ETH: -40.48%
$BNB: -36.52%
$XRP: -47.43%
$SOL: -44.49%

[KŌINI @KOINIapp]

Download KOINI Today:

https://t.co/mW4Teo1BV6

[Delight Fifun Johnson @delightfjohnson]

I built my food brand, @mydietplug with money I made from an SEO contract with a HR company last year.

400 articles written… 5 figures made

The internet makes many things possible

Click my pinned tweet

[Nimi @fluyt_belly]

Your Solana wallet is a public diary. Everyone can read it. 🕵️

Privacycash 👉 https://t.co/6Z1jCYiphq

The Solana mixer built for real crypto privacy:
🔒 private swap on Solana
🔒 anonymous SOL transfer
🔒 privacy swap, no KYC
🔒 break the onchain trail
🔒 withdraw clean to a fresh wallet
Solana privacy, finally usable with Privacy Cash
Privacy coins had it. Monero had it. Now Solana has it too.

[naz @Nazsatseh]

🚨 Don’t wait until @arc Mainnet goes live to figure out where everything is.

Most people will start searching for bridges, DEXs, NFT marketplaces, and launchpads after mainnet.

The smart move is bookmarking them now.

🧵 Here’s a list of the projects ⬇️

[Ash Crypto @AshCrypto]

$ETH BREAKS ABOVE $1,900.

[Aqua0 @AquaZero0]

We're testing this in-house. What do u think of this UI?

The lil fishies get sad and stop swimming if their liquidity is out of range :( you gotta keep em happy!

[Narrative Operator @narrativeflow_]

One thing I like about XREIGN is that it rewards activity before the token even exists

Instead of waiting for TGE, you're already building your account through ranks, $REIGN Points and campaign participation

The new Instant USDT Vault is another step in that direction

Complete tasks
Increase your rank
Accumulate REIGN

Withdraw eligible USDT rewards without waiting for TGE.

That's a much better user loop than simply asking people to "wait for an airdrop."

I've been keeping my account active for exactly that reason

Official: https://t.co/iKDy8yHHUH

[Nimi @fluyt_belly]

@pronaos_porch most people only show up after the tge announcement

[EigenLayer Enjoyer @Restaking_Chad]

good point systems create habits

great ones create retention

that's what i've been watching with XREIGN

every completed task adds another layer to the $REIGN ecosystem before TGE

https://t.co/CxcTHNGXVs

[Nimi @fluyt_belly]

me pretending i'm not opening the eligibility checker again 😭

five minutes later...
solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump

https://t.co/heSFUqPQpv

[awpSOL5 @awpSOL5]

Bitcoin sitting idle has an opportunity cost.

The market is slowly moving toward making BTC productive rather than simply scarce.

Yield products aren't replacing self-custody or long-term conviction.

They're expanding what capital can do while it's waiting.

Interesting direction from Binance.

https://t.co/na5ykjLgtL

[Ryker 🇯🇵 @Ryker_Crypto]

Currently, meme coins are drawing capital away from other altcoins, leaving the latter weak for the time being.

This presents a great opportunity to accumulate altcoin projects with a market cap under $50M .

Don't be afraid of a 10–20% drop; when they pump , the pump will be massive.
The key is to select the right projects with strong growth potential.

Once the meme coin trend ends , altcoins will see a strong pump again !

[BNB Chain @BNBCHAIN]

|￣￣￣￣￣￣￣￣￣￣|
We are hiring!
|＿__＿＿＿＿＿＿＿＿|
\ (•◡•) /
\ /
---
| |

→ Head of Payments
→ Head of AI
→ Head of Trading
→ Product Manager
→ Events Manager
→ Web3 Infrastructure Engineer (BNB Chain Middleware)
→ Developer Relations Intern

[The Black Bull @0xMrPinky]

Okay lets send more $ansem

Show me your solana addresses.

ITS AIRDROP SEASON.

[Nimi @fluyt_belly]

Though I wonder if that's just early-adopter hiring before the efficiency cuts kick in later — thoughts?

[Nimi @fluyt_belly]

Plot twist nobody saw coming 🚀 Turns out the companies going all-in on AI are actually HIRING more people, not firing them. So much for the "AI kills jobs" narrative... at least for now. Who else is surprised by this? #AI

[Exchange Art @exchgART]

After an incredible journey, Exchange Art will officially cease operations on 08/01/26.

The platform and its services will no longer be available after this date.

Building Exchange Art and fostering an art community on Solana has been an honor and privilege, unfortunately we could not find a viable path forward as a company fiscally during this prolonged bear market for art on chain.

Users are encouraged to access their accounts and retrieve any necessary information they may need prior to shutdown.

All artworks and/or currencies currently held within Exchange Art sales & escrow contracts will be released by Exchange Art to the proper owners prior to the platform’s closure.

All artwork is minted to the Solana blockchain and will be available to import on other marketplaces.

No extra steps are needed from artists or collectors to ensure their artwork is secure and lasts on.

We are deeply grateful to every artist, collector, curator, and supporter who helped shape what this platform is to its core.

Exchange Art will officially shut down and be inaccessible on Saturday, August 1; 08/01/26.