Kadena Queen 👑 ⛓️🕸️

KADENA TO THE MOON
$KDA

[Zach Rynes | CLG @ChainLinkGod]

Yeah man crypto is the future, let me bring you up to speed

First, TerraUSD collapsed, a massive Ponzi scheme where investors were promised 20% APR on their USD ($20B in UST and $40B in LUNA wiped out)

This caused the largest crypto hedge fund to go insolvent due to excessive leverage, 3AC ($3B AUM wiped out)

3AC borrowed funds from all the largest crypto lenders, each of who went insolvent after bank runs inevitably occurred, causing a market wide credit crunch

Celsius ($12B AUM, $1.2B deficit), Voyager ($1.6B AUM, ~$670M default), BlockFi ($3.9B AUM, $400M revolving credit)

Voyager and BlockFi were bailed out by FTX/Alameda, but ah turns out they were complete fraud too

With $10B of customer funds siphoned from FTX to cover Alameda’s losses, a bank run took place, creating a second contagion wave, leaving Voyager/BlockFi rekt again

Genesis Lending, under the DCG conglomerate, also went bankrupt due to Alameda/FTX exposure ($3B shortfall)

Gemini was lending $900M in customer funds to Genesis, so they and their customers inevitably got wrapped in the mess too

No doubt TradFi is involved in this too, with the collapse of two banks that were key banking partners for crypto

Silvergate (FTX’s banking partner and ran an payment network for crypto exchanges) experienced a bank run and collapsed after losing $1B on bonds

While SVB (Circle’s banking partner for USDC and most tech startups) experienced a bank run and collapsed after losing $1.8B on bonds

Not looking too good for Signature Bank either, which runs the ‘other’ bank payment network for crypto exchanges

Can’t forget the SEC trying to strongarm the industry from shutting down Kraken’s staking product to calling Paxos’ stablecoins a security and shutting down BUSD, and much more

Various banking regulators also strongarming banks into refusing to onboard crypto companies as clients, forcing them overseas and to use sketchy counterparts

Anyways

Have you heard of liquid staking derivatives and re-staking? Pretty cool financial engineering right there, crypto innovation never stops 💪

[Qloud @Qloud777]

@ElonTrades $KDA of course 😁

[Kadena Queen 👑 ⛓️🕸️ @QueenKadena]

@kadenalottery @KadenaKingg @KingKadena

[Kadena Queen 👑 ⛓️🕸️ @QueenKadena]

@DailyLoud Salt Baes food not even that great and too expensive. Small portions.

[Kadena Queen 👑 ⛓️🕸️ @QueenKadena]

@LarsenMotivates @ML_Philosophy Even if women are like this guys will still cheat and disrespect you then leave you

[k:Will @_wjmartino_]

The FTX meltdown doesn't impact @kadena_io in any way. Well, I guess it means our FTX listing will never finalize. It's an open secret that FTX was behind SOL's rise (which they treated like their BNB chain), most of SOL's TVL, etc. Consequently, we didn't work much with FTX.

[Kadena Queen 👑 ⛓️🕸️ @QueenKadena]

Still hold Kadena? $KDA

[BlockchainMedia @TheChainMedia]

IT'S CLEAR.

$KDA HAS THE BACKGROUND & PARTNERS & TECHNOLOGY AND MORE 💥👇

[Kadena Queen 👑 ⛓️🕸️ @QueenKadena]

@jnasty_btc @anothercohen Try breaking into the industry with two degrees and looking for entry level roles only to have companies say “you have no experience”

[Kadena Queen 👑 ⛓️🕸️ @QueenKadena]

@PatrickAlphaC @chainlink Can't believe I got to see you at the museum of ice cream when I was checking out your youtube videos earlier in the day! 😀 #web3

[Kadena Queen 👑 ⛓️🕸️ @QueenKadena]

@WhiteTigerWest1 @Max44587300 @BlockchainDoug @SirLensALot @_wjmartino_ Definitely not partially. https://t.co/adsfDpvTan

[Kadena Queen 👑 ⛓️🕸️ @QueenKadena]

@kadenalottery @CryptoGreg12 @skinnynoizze @justing16071590

[Kadena Queen 👑 ⛓️🕸️ @QueenKadena]

@KadenaCommunity @KadenaKacti @kadenasweden @AlterVibeEgo

[Ⓚ:KadenaCommunity @KadenaCommunity]

🎉Together with @KadenaKacti, we are giving away 1 #FreeMint, 10 OG spots & 10 $KDA 🎉

🚨FYI, OG roles come with a free airdrop of land in phase 2🚨

1️⃣ 💜 & RT
2️⃣ follow @KadenaCommunity & @KadenaKacti
3️⃣ Tag 2 friends

⏳72h

#Kadena #KadenaEco #NFTGiveaways

[seedphrase @seedphrase]

$300BN in student loan relief about to enter Robinhood, crypto, and NFT markets 🫡

[Kadena Queen 👑 ⛓️🕸️ @QueenKadena]

@kadenalottery @InuCrewBoss @justing16071590 @burc8989 @MyranNicolas

[Kadena Queen 👑 ⛓️🕸️ @QueenKadena]

@kadenalottery Giv ser @ju5ttony @KadenaMike

[Peter Schiff @PeterSchiff]

If #Bitcoin can collapse by 70% from $69,000 to under $21,000, it can just as easily fall another 70% down to $6,000. Given the excessive leverage in #crypto, imagine the forced sales that would take place during a sell-off of this magnitude. $3,000 is a more likely price target.

[Kadena Queen 👑 ⛓️🕸️ @QueenKadena]

@kadenalottery @AlterVibeEgo @oihgooo