@twitt_tr Well said. Even if we never recover the money, at least we can ensure that Elie Le Rest (@ElieRest), Wessal Erradi (@Penelope_Avax), and Aurélien Ynden are forever associated with this misdeed. Onur Genc (@10urgencc) is also culpable for his assistance.
@twitt_tr Well said. Even if we never recover the money, at least we can ensure that Elie Le Rest (@ElieRest), Wessal Erradi (@Penelope_Avax), and Aurélien Ynden are forever associated with this misdeed. Onur Genc (@10urgencc) is also culpable for his assistance.
Colony has decided to wind down operations and will take the entire treasury (over 500,000 Avax) for themselves.
Co founders full names:
Elie Le Rest — CEO
Wessal Erradi — CMO
Aurélien Ynden — COO
Do with it what you will.
@Colonylab@10urgencc@AvaLabs
After 5 years building and supporting the @avax ecosystem exclusively, today we are announcing the closure of Colony because the ecosystem evolved in ways that no longer allow us to pursue our mission with conviction. This was not an easy decision, especially after 5 years committing our full focus, resources, and energy to Avalanche, its projects, its vision, and its community across multiple market cycles. But it is time to close this chapter.
Before stepping away, we believe it is important to be transparent about our experience operating within the Avalanche ecosystem over the past several years. The full statement, including how the building environment changed materially, the structural challenges we faced, everything we built and delivered during that time, and the wind-down process and timeline, is in the article below: https://t.co/wAyzw7zdrZ
As part of the wind-down:
• Liquidity remains untouched
• Community funds remain accessible
• The team’s CLY token allocation was never sold nor staked – 5 years community alignment
• Final distributions will be made to CLY stakers
Ontario Premier Doug Ford slammed Donald Trump:
“How can one person, one man, create so much turmoil around the world...I can't wait for the midterms."🇺🇸🇨🇦
The intent is to end the UN, and this Board would now be controlled by a wealthy few and be funded $10b by US taxpayers‼️
This can’t be constitutional‼��
🔥Next Sale on @Colonylab: @SuzakuNetwork — the Decentralization Hub for L1s 🔺
A highly anticipated project sale opportunity.
A team as focused as it is committed, working to accelerate the success of @avax L1s.
🔊 Refunds are going out today and will be claimable on @Colonylab's app — make sure your 🔔 are on.
We're also announcing a new Sale today for a well-known @avax-based project deeply focused on L1s — going live this week. 🔥
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-Scott Galloway
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Flexport's team was able to reverse engineer the formula the Administration used to generate the "reciprocal tariffs."
It's quite simple, they took the trade deficit the US has with each country and divided it by our imports from that country.
The chart below shows the predictions of this formula plotted against the actual new tariff rates.
Since the White House now confirmed that they did calculate this based on trade deficit and not tariffs, we can conclude:
1) Trump doesn’t know what the fuck a trade balance actually shows.
2) We’ve literally slapped some countries with tariffs saying “we won’t remove it till you remove yours” when they have nothing to remove.
Like some island nation who sells something to the US as its only industry can’t turn around and magically buy 100% of its GDP from the US to balance its trade.
So neither the president, nor his cabinet, nor his economic advisory council know how the fuck basic trade works! 😫
Somehow I missed this one but I’m going to go ahead and say “Heard and McDonald Islands” which are research stations with with no permanent population, and only penguins, is being slapped with a 10% tariff.
Because the Trump admin claims it has a 10% tariff on them… which it can’t…
What the actual fuck?!