Last week the Movement leadership team did something I think every blockchain team should do: give every employee 100 USDC with the sole purpose of testing and using dapps deployed on Movement.
It's a small gesture but I believe it really goes a long way in making sure the people overseeing the engineering, community, ecosystem, etc., development of the chain have the same skin in the game as the builders and users. Everyone has various risk appetites, dapps they engage with more than others (i.e. maybe someone is more interested in playing games than trading, etc), so it’s easy to understand that there are some dapps that people won’t use. But by giving everyone a free $100, ecosystem exploration becomes more of a fun and engaging way to see the fruits of the builders’ labors.
Should I make a guide on how I’m spending my $100? 👀
@tzedonn revenue buyback push prices up —> token up —> founder takes loan out on tokens as collateral (i suppose this is subjected to size of token and who is willing to accept it as collateral)
Personally think that @circle trading at 21.5b mc is actually kinda crazy tbh. Terrible margins esp what they coinbase and in DeFi dont really know why they're still used more than USDT (my guess is that usdt takes longer to deploy)
ogle(@cryptogle), the advisor of @worldlibertyfi, deposited 1M $USDC to Hyperliquid and shorted $TRUMP with 10x leverage 5 hours ago.
The liquidation price is $12.49.
https://t.co/5HsTdApRUy