@mikey_100x @citrusbaron@taraxa_project@DefiLlama says TVL is 2.39M including Liquid Staking and market cap is $17.5M. A 7.3X Mcap/TVL doesn't seem that cheap unless DefiLlama is not showing all the TVL?
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@EVNFT@dougboneparth Not like a margin account where you can buy any marginable security. You have to invest 90% in their private credit fund (with a stated 8.5% yield, for all we know could contain toxic assets). That's all of the borrowed money and 50% of your own money. Only 10% goes into an index
@RealKhalilU $SSE - easy for normies to understand as the "start page of Solana" and @usetapestry is a social graph for other SOL apps too. $5.75M VC investment led by @usv.
The $collat app needs a lot of polish. Its not as strong as $ONDO, $PLUME, or $CFG with US institution partnerships.
Please stop misleading people about the APY of the farms @Tara_Swap@taraxa_project. If you divide $898 (weekly reward) / $130K (TVL), it is 35% APY NOT 2000%+. Also impossible for the 24h fees to be $9.4K on 31K volume @ a 0.3% fee. The actual 24h fee is $94! $TARA #Tara#Taraxa
@tongli1990@Tara_Swap@taraxa_project Yeah I sold it all. Not only it hasn't moved at all during this weekend's alt rally, and it has been farmed like crazy by the KuCoin and MEXC MMs in the past months.
@CameronRuggles @moneropepe Monero's distribution is way better because of its ASIC's resistance and RandomX hash algorithm which favors CPU mining. No wonder why Elon and the bigwigs like CZ like pumping Dogecoin even more than Bitcoin.
@Jim80478788@centrifuge Yes they are leaving Polkadot. And V3 will be developed on ETH. Check out CP141 and CP149 on the Governance Forum
https://t.co/NYET9HtvQc
https://t.co/KMNeBr7T1k
@centrifuge Bullish. It's only logical that $CFG move to $ETH which is the gold standard for institutional grade DeFi, and eliminate the dual token $WCFG / $CFG structure. Aren't @centrifuge's smart contracts already written in Solidity / EVM, even though Centrifuge was a parachain on DOT?
The next chapter for $CFG is here.
Starting May 20, 2025, holders of CFG and wCFG will be able to migrate to the new CFG token, designed to support governance and expansion of the Centrifuge protocol.
The migration window will remain open until November 30, 2025.
More details → https://t.co/TV3btdWGFD
@Tara_Swap@taraxa_project Unless there's anything I'm missing, this isn't the explanation. What LP-er wouldn't stake their pool position in the farm? So we can assume that the $ Liquidity ≈ $ sharing the incentive. I'm not the only one noticing this: https://t.co/QV1XVgjcfR
$BTC healthily backtesting $101K, with a falling BTC Dominance $BTC.D that has broken down from its uptrend since Dec. Money rotating... Looking good for alts. #altseason#alts
@Gbbigbuy@JHIAdvisors@anemoycapital@centrifuge Seeing the new $440M @JHIAdvisors T-Bill Pool reflecting in @centrifuge's DefiLlama TVL also.
$ONDO is trading at $3.3B with $1.19B TVL (2.77x).
If $CFG were to achieve the same multiple, it could trade at $1.22B (13.8x from the current $88M).
@rez_therazkal@Gbbigbuy@JHIAdvisors@anemoycapital@centrifuge@itsbhaji The token migration, and combination of $CFG / $WCFG is scheduled to begin on May 20th. There is some dilution but seems priced in since March. https://t.co/KAdmhT683V
Also, there is the SEC roundtable on RWAs tomorrow in the US on May 12th. #RWA#RWASummer loading...