Is a basket of crypto currencies more resilient when markets drop 2-3%? Can the $Bridge be used as a temporary safe haven? Will the upcoming $btc basket with $tBTC be more resilient in turbulent times?
Prayers answered ๐
The requested amount, within the deadline set by the Verus community, has been returned. The way this community came together in such a moment is extraordinary. We have remarkable and wonderful people from all over the world. $VRSC
https://t.co/Dzj8O8WIYy
@jacksage_@Strategy Buying bitcoin, will increase strategy's balance sheet, NAV go up. buy more bitcoin.
Buying calls, will force market makers to buy the underlying, increasing $MSTR to buy more bitcoin, to boost their balance sheet.
The squeeze would be historical. @AdamBLiv@Swan
We operate on the Verus protocol, a public infrastructure designed to solve the fundamental flaws of first-generation DeFi.
- Predatory Extraction (MEV); and,
- Centralized Control.
Because Verus currencies are backed by baskets and mathematically solved on-chain, price discovery often lags behind centralized exchanges during low-volume hours.
Don't rely on aggregators. They average the data.
Trust the Raw Chain. We show you the exact solve price.
This isn't just a trading platform.
It is a system designed with an Economic Soul
Every interaction is mathematically aligned with the well-being of the people who use it.
For a minute, you could have sold ETH for 10-15% above market price and arbitraged it anywhere on the planet in a small quantity ๐๐
https://t.co/3izCqasSwX shows MEV free arbitrage opportunities.
in addition 84 $eth was sent. IF added to basket to balance out $dai price of $mkr & $eth, this is the result if swapped for $vrsc. which is likely. maybe it is swapped for the LP token, then the $VRSC price is unaffected and will remain at $1.11
๐จ๐ณ New Verus Whale Alert! ๐ณ๐จ
$328,774.23 of $MKR was just sent from 0xc960...ed1 to 0x7151...f63 on the Verus/Ethereum Bridge in transaction https://t.co/lov2OUxt5a
the basket currency $bridge composed of $eth $mkr $dai & $vrsc, took a 20% haircut moments ago. someone bought a large chunk of $vrsc, maybe someone is at #consensus2024 and heard about it.
https://t.co/2cDJ9vABCf is up for conversions & info
Recently launched on @VerusCoin , the mega basket of $tbtc $eth $usdt $vrsc , $KAIJU now has charts and recent conversions history at https://t.co/RIDli7Wjoy - happy monday morning!!!
I recently launched Pure, a currency fully backed by VRSC and tBTC @tBTC_project. I did it all with a simple API command without any coding needed, thanks to the powerful @VerusCoin Protocol.
See the command in the image. Letโs break it down in this ๐งต 1/13
Did you know that #miners and #stakers on the Verus protocol can earn a portion of the Fee Pool in addition to coinbase rewards? This pool collects fees paid by users interacting with the protocol, such as creating DeFi currencies and registering VerusIDs. #Consensus2024#fintech