More info on the new regulations proposed by the SEC. Is this really about protecting investors or has it something to do with trying to control a rising industry…
SEC owning #crypto & #DeFi - by force, meaning regulatory moats & punitive opaque rulemaking by enforcement. As read, only banks/brokers/regulated securities exchanges apply. Luckily, our patents cover banks! You've 30 days to comment on 650 pgs. Good luck https://t.co/55WV3NM6KK
The SEC is attacking DeFi.
They're trying to expand the definition of 'securities exchange' to include AMMs & DeFi protocols, maybe wallets & block explorers too.
Giving only 30 days to comment so they can slip it through.
They want to kill crypto in the U.S.
Do not get trapped with fear. @jchervinsky explained well that it is likely just a temporary disorder. What is clear however is that the FED/SEC/Biden view the #DeFi world as a threat and are actually legitimizing it.
Everyone in my feed is acting like it's about to be a federal crime to type the word "bitcoin" or something. If I could sell the top on regulatory fear, I would.
Yes, things that matter are happening in DC. Yes, it's chaotic. How else did you think it'd go?
Deep breaths, fam.
#DeFi is becoming better over time while usage cost go down. Avalanche ($AVAX) processed over 1 million transactions yesterday, roughly 96% of Ethereum's load. Average fees for a swap were $0.23 on Avalanche compared to $60+ on Ethereum.
“This #digitalasset ecosystem is not going to stay at $3 trillion...”
@DTAPCAP joins @MarkYusko in the newest episode of Real Visionaries for a journey into what he regards as the rebirth of “an entire financial economic system.”
Full Episode 👉 https://t.co/g63c7iOZHq
MEGA 🧵 OF ALL MY $DPX THREADS. 💙 🐂
This is meant to act as an extremely accessible resource for newbies and veterans alike on all things @dopex_io.
It includes tokenomics, team led by @tztokchad, broader DeFi implications, SSOVs and Atlantic Options.
Let's dive in! 👇
1/x
#DeFi has survived another 45% plunge.
@IamSuperMassive and @CamiRusso join @RaoulGMI to discuss DeFi's resilience as well as “toxic maximalism” and how it's detrimental to onboarding more users to the network.
Watch 👉https://t.co/f0wRUNDx3i
List of currencies that collapsed, usually because of hyper inflation.
In Defi there are smart ways to prevent this with various forms of stablecoins like $FXS opening a new world of possibilities
1/ Some of the biggest Defi Protocols are helmed by a known criminal and scammer Michael Patryn who owns $400M+. I will try to explain the insane crime drama unfolding regarding $TIME $wMEMO $SPELL @0xSifu@danielesesta
A 🧵 on @dopex_io newest product reveal - Atlantic Options. A truly groundbreaking release that will profoundly change DeFi.
In this thread I’ll tackle the basics, use-cases and most importantly implications of this.
Lightbulb moment for DeFi. 💡👇🧵
https://t.co/FiMfXlbUrx
A 🧵 on @dopex_io newest product reveal - Atlantic Options. A truly groundbreaking release that will profoundly change DeFi.
In this thread I’ll tackle the basics, use-cases and most importantly implications of this.
Lightbulb moment for DeFi. 💡👇🧵
https://t.co/FiMfXlbUrx
Basics:
Decentralized Finance lending – #DeFi lending for short – allows users to supply cryptocurrencies in exchange for earning an annualized return.
📣 @NEARProtocol raises $150M to boost ecosystem growth! 🔥
#NEAR has announced the close of a $150 million funding round led by @zhusu's Three Arrow Capital.
Participants included @MechanismCap, @a16z, @dragonfly_cap, #Alameda and many more.
Learn 🔽
https://t.co/DjilZpkYPH