🌱 JUST CLAIMED EARLY COMMUNITY MEMBER CARD #0459 @blok_cap
Only 1,000 Early Cards exist!
BLOK Capital is building on-chain wealth management.
Don't sleep. The early cards are going FAST.
Claim yours: https://t.co/6ddPEzoQoP
Tag a friend who needs to be early.
I’ve read @MentoLabs docs — the global multichain interoperability plans with Wormhole show they’re not just building on one chain, they’re building for the entire Web3 FX stack.
Dynamic Reserve Balance
The reserve model from @mentolabs shifts automatically as users mint or redeem. This dynamic balance keeps coverage strong and prevents the system from becoming under-collateralized during high activity.
By eliminating settlement risk, on-chain FX enables new types of real-time hedging strategies.
Treasury teams can lock exposures instantly, without relying on slow processes that leave them vulnerable to market swings between trade and settlement.
From @markusmento at SmartCon by @chainlink
FX is the largest market in the world, yet it’s still limited by hours and delays
Bringing it onchain means instant settlement and access for every user, while maintaining real FX rates.
Did a small swap on Mento out of curiosity. It felt like money finally caught up with the internet. Fast, quiet, and done before I could overthink it.
@MentoLabs
The Mento Townhall AMA Highlights with @denney808
Building FX onchain isn’t just about faster swaps
It’s about opening a $7.5T market to anyone, anywhere, with real-world rates and 24/7 access.
In August 2023, I joined a MultiFX airdrop claiming to offer multi-currency stablecoins. After connecting my MetaMask, I received MFUSD tokens worth nothing. The site disappeared, and my wallet started triggering phishing pop-ups. Free coins came at a cost.
@MentoLabs
This week in Foreign Exchange Markets:
🇬🇧 Pound dips as inflation stalls and rate-cut bets rise
🇯🇵 Yen weakens further as Japan appoints its new PM
🇮🇳 Rupee holds steady on equity inflows and RBI support
Traders are balancing caution with conviction ↓
📰 Source: @Reuters
$7.5T moves daily through traditional FX, behind the walls of banks and opaque settlement layers.
Mento turns that into open infrastructure, bringing every currency onchain.
Where you live shouldn’t decide how your money moves.
→ https://t.co/1svLAHlzvK