SPOT is to stablecoins what Bitcoin was to banks.
Stablecoins, despite their popularity, depend heavily on centralized reserves, custodial collateral, and promises of redemption, echoing the very trust-based banking model Bitcoin aimed to replace.
$SPOT departs from this norm by providing truly decentralized, supply-neutral stability that is powered solely by market dynamics and AMPL’s elastic monetary protocol.
Unlike traditional stablecoins tethered precariously to custodians, SPOT derives stability through open-market arbitrage and AMPL’s automated supply adjustments.
It requires no collateral custody, no trust in centralized issuers, and no external redemption guarantees.
Instead, SPOT leverages the natural forces of market supply and demand to maintain stability around its target.
No other asset in the world is currently built like SPOT, pioneering the low-volatility asset class (LVA) as a new form of decentralized money - permissionless, credibly neutral, and independent from centralized points of failure.
SPOT redefines what it means to offer medium-to-long-term stability in a trust-minimized package, much like Bitcoin did to the monopoly central bankers once had on currency creation.
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🔥 $ERA just popped out of its consolidation zone and bulls are charging hard!
From the breakout above $1.44, we now eye targets at $1.4850, $1.52, and $1.5550 🚀
Structure’s bullish, candles are strong — and if volume holds, this move could extend fast.
🎯 Entry: $1.44–$1.46
🛡 SL: Below $1.3880
Let’s ride it while the setup is clean.
#ERA #ERAUSDT #PerpSignals
🚨Breaking: Crypto trading platform WOO X is suspected of being attacked, covering BTC, ETH, BNB and ARB networks, with an estimated loss of more than $12 million, according to Cyvers Alerts.
WOOX: The incident affected 9 user accounts, where unauthorized withdrawals were placed. As a precaution, withdrawals have been temporarily suspended while we complete the internal review. —
#HackerAlert #Hacked #CryptoNewss #crypto #btc