yot

🐱

[yot @yot_eth]

@WatcherGuru keep clicking

[yot @yot_eth]

@Cryptobruj send it to 0

[jez (equity perps era) @izebel_eth]

thanks for everything eth, even if i dont own u anymore

[yot @yot_eth]

@Cryptobruj el goat

[yot @yot_eth]

@FlippingProfits ill add 1k im poor

[Marc @sometimesMarc]

During Consensus, I was asked several times about the story of ethereum:0xf280b16ef293d8e534e370794ef26bf312694126 as far as we were aware. Many people were pleasantly surprised by how we managed to exit our position without damaging the community. This is the summary.

When we set up the process for accepting crypto donations at @stjude, we set the criteria that we would convert the assets donated as soon as reasonably possible. St. Jude Children's Research Hospital is focused on leading the way that the world understands, treats, and defeats childhood cancer and other life-threatening diseases. While we (the crypto industry) may wish the world would leap forward and be more on-chain, that isn't how it currently exists and we need dollar denoted currencies to run the hospital.

Nearly 2 years ago, .5% of ASTEROID was sent to the St. Jude ETH wallet. We didn't have a way to readily convert it into US Dollars, so we left it in the wallet.

Due to external factors, the token went from a market cap of ~$20k to over $150M. Our position fluctuated between $500k and $1M in valuation. I had several messages asking if what we were going to do, and I responded to a few that we were figuring it out.

The next 48 hours were a whirlwind of approvals, but I knew two things. We would need to go to a DEX (a first for our mission) and that we would need to avoid hurting the community. Leadership understood and gave approval for the approach and we proceeded.

Some people may disagree with how we did it, but I believe it to be the best option out of the ones that we had. Over 2 days, we proceeded to exit the position in 12 varying sized tranches. During the entire process, we kept an eye on liquidity of the token and did our best to ensure it never dropped below $3.5M and that the Net Buy pressure didn't exceed $75k.

We exited the position with over 290 ETH valued at ~$676k. Thank you to the ethereum:0xf280b16ef293d8e534e370794ef26bf312694126 community that came together on this asset. These monies will go a long way in support of the life saving mission of St. Jude.

Disclaimer: Discussion of a token is not an endorsement of the token, do your own research. Opinions expressed are solely my own and do not express the views or opinions of my employer. For media outlets, please reach out directly.

[yot @yot_eth]

@cryptorover 1000 to 3000

[yot @yot_eth]

@WatcherGuru Top

[yot @yot_eth]

@AlejoRolls Y dot? 🥸

[MegaETH @megaeth]

Introducing MegaUSD (USDm), the native stablecoin of MegaETH.

Built in collaboration with @ethena.

$USDM aligns incentives across stakeholders, letting users and apps enjoy the lowest fees possible while routing scalable value back to MegaETH.

[MegaETH @megaeth]

Introducing the first batch of MegaMafia 2.0.

More apps, more bangers, and more ways crypto goes mainstream.

Read the philosophy of building out this cohort from @amiralmaimani, then meet our new apps. (thread)

[MegaETH @megaeth]

We're partnering with @Lombard_Finance to bring Bitcoin to MegaETH.

Hardest Money | Fastest Chain

Day 1.

[MegaETH @megaeth]

...and Mega will make sure of it.

When the performance-decentralization spectrum is end-capped by chains where $ETH has a privileged position, everything else becomes less-than.

MEGA.ETH

[MegaETH @megaeth]

...and we're not done.

Expect more articles detailing exactly how we're changing blockchain with one thing in mind: pragmatic performance

[MegaETH @megaeth]

Blockchains to-date haven't been built for real-time speeds.

That's why we've designed MegaETH from the ground up, creating solutions to problems no other chain is fast enough to have experienced.

A list of innovations pioneered by MegaETH to level-up crypto UX for all ↴

[MegaETH @megaeth]

"Good Afternoon"

Traders:

[MegaETH @megaeth]

Why indexing partners?

Because developers should focus on apps and not needless infra.

Goldsky offers Subgraph, for external data retrieval, and Mirror, a pipelining protocol to replicate datasets directly to your internal data infrastructure.

Keep your app light while the chain is (data) heavy.

[MegaETH @megaeth]

We're bringing real-time indexing to MegaETH developers.

Powered by @goldskyio.

One-click access to 10ms blocks and streaming updates for your applications built on MegaETH. Live now.

[MegaETH @megaeth]

All team decisions are to grow MegaGDP.

Pioneering USDm as a day 1 MegaETH-native stablecoin, capturing the yield lost in all other ecosystems, to spur app and user growth will exemplify that.

[MegaETH @megaeth]

Mainnet launches in ______