CACHE is live on @MontraXYZ.
Cache is the credit layer for Elysium: lend, borrow, and borrow HYPE against your memecoins with no liquidations. Now with a home on Montra.
CA: 0xd172611bfd1c1a8ac3e51ba93e25f7126b21e7ee
https://t.co/qL95jYnNo4
Memecoin loans on Cache are never liquidated.
Pledge your coin, borrow HYPE, pick a term. No wick can take your bag. When the term ends, repay and get your coins back, or walk away and keep the HYPE.
9 loans so far. 0 liquidations.
https://t.co/qL95jYoldC
We’re proud to be on @MontraXYZ. They’ve shown nothing but transparency and honesty in this space.
Their fair launch yesterday was executed well, and we’re happy to be building alongside @spinor_ and the team.
Ladies and gentleman, meet @AscendLaunch co-founders, @CryptoTomYT and @analyzationz of @VersusFNF and @DigiWorldd, also known as 'igotruggedoncashcat'.
They are the attackers behind the coordinated efforts against my account and the @MontraXYZ project and token, who fooled the entire space while masquerading as a legitimate project on @Enter_Elysium.
The main attack vectors used in an attempt to undermine Montra were the weaponization and leverage of their fomo standing, social engineering on @X activating paid coordinate FUD campaigns, and manipulation through coordinate buying and selling of Montra assets.
Descend below to see the timeline of events 👇🧵
Airdrop update: 170M $CACHE has gone back to holders of the original token so far.
That’s 17% of supply across wallets. Every payout is onchain and tracked live.
Post your holding here: https://t.co/BLcRRVd6zq
Why it matters: every onchain economy needs a credit layer, where holders can borrow against what they own instead of selling, and lenders earn from that demand. Elysium had none, so we built it.
Fees flowing into the vaults means more yield for lenders, which brings more liquidity to borrow. $CACHE trading feeds the protocol it’s named after.
100% of $CACHE fees go into the Cache vaults.
Every fee from $CACHE trading on @MontraXYZ is deposited straight into our lending vaults (caUSDC, caHYPE and the HYPE vault), adding to the yield for everyone lending on Cache.
Held the original $CACHE? Submit your wallet to receive your airdrop.
Connect, post your holding with one free signature, and track every payout live. Each one shows as PAID with its onchain tx.
https://t.co/h8255FGXwc
CACHE is live on @MontraXYZ.
Cache is the credit layer for Elysium: lend, borrow, and borrow HYPE against your memecoins with no liquidations. Now with a home on Montra.
CA: 0xd172611bfd1c1a8ac3e51ba93e25f7126b21e7ee
https://t.co/qL95jYnNo4
Please be patient as we continue processing airdrops. All previous holders will receive the exact same token allocation they held before.
In the meantime, we are officially part of the @Enter_Elysium ecosystem, and all future tokenomics will be displayed here.
https://t.co/Bm96554Rz9
New market on Cache: $MONTRA from @MontraXYZ.
Borrow HYPE against your $MONTRA. You get a fixed term, a fixed cost you see upfront, and no liquidations.
https://t.co/qL95jYoldC
In the meantime, nothing about the protocol has changed. Lending, borrowing and the full Cache credit layer are live and fully functional.
Use Cache here: https://t.co/6kckH1mXc3
Cache is officially relaunching on @MontraXYZ.
We like how Montra is approaching the Elysium ecosystem, and we’re looking forward to contributing to it.
Launch details and the new CA will be shared here first.
We’re postponing the $CACHE relaunch until we have more information.
We believe in Elysium long term and don’t want to rush a decision we might regret. The holder snapshot has been taken, so everyone is covered.
Please be patient with us. Any questions can be answered in our TG: https://t.co/50wWp68QWb