0xsexybanana

Is the circle about to reach the top? My dad is coming to talk to me about stablecoins tonight🤣

In the past few days, I took a brief look at the crypto development situation in Iran, which is quite interesting. TL;DR: Sanctions are the reason they are turning to stablecoin payments and crypto-friendly solutions.

- Mainly using stablecoins for foreign trade settlement
Iran bypasses sanctions and SWIFT through cryptocurrency. Since 2023, Iran has officially authorized the use of cryptocurrencies (such as Bitcoin and stablecoins) for cross-border trade settlement, especially for oil exports.

- High premium for USDT in the OTC market
Due to the high demand for stablecoins like USDT in the local market (for international trade reserves), prices in the Iranian OTC market often show a premium of 5%-10%, creating arbitrage opportunities.

- Legalization of mining
Iran legalized mining in 2018 but requires miners to register as industrial-grade facilities, use state-approved mining pools, and pay high electricity fees (industrial electricity rates).

- Domestic payments prohibited from using stablecoins:
The central bank has completely banned the use of cryptocurrencies for domestic transactions, with violators facing 5-10 years of imprisonment. However, cryptocurrencies can be used for foreign trade settlement.

- National stablecoin project: PayMon
Developing a gold-backed and supported stablecoin PayMon for international trade settlement. At the same time, actively collaborating with countries such as Russia to establish a gold-backed cross-border payment system as an alternative to SWIFT.

The ultimate end game must be Pay directly with stable coins.

Everyone often complains that they can't pay for chatgpt now, so they need a visa or mastercard. But imagine the future, where AI tools like chatgpt and merchants can directly accept stablecoin payments, then actually the U card will no longer be needed.

Dong Ge's step is indeed in the atmosphere.

The next tasks are
1) Restore the service of the old dog card as soon as possible.
2) Complete the compliance upgrade to achieve impeccable compliance.
3) Ensure the app development is done well.
Last week was too chaotic, and I should gradually return to normal state.
Recently, I have also missed many projects, and I will slowly share some new project information, such as ICN and so on. I will try my best to not drift too far from Alpha.

never a dull day in crypto
gn

Crypto is a relatively transparent industry; what anyone does can be seen on the blockchain scan.

Payments are an extremely opaque industry, with layers upon layers of channels taking their cut.

I think that if we could use crypto technology to make payments more transparent, efficient, and valuable, it would be worth considering. Now, after the off-ramp, it feels like going through traditional payment channels to provide services is following an old historical path.

It would be great if there were a solution to pay merchants directly with crypto, scanning it directly from the wallet, bypassing all traditional payment networks and channels. It's worth imagining.

I am carefully pondering the loud situation tonight. I thought of a particularly interesting point:

The loud project basically has no control over the market. 40% of the chips are given to the yappers. This means that the harder these 1,000 people shout, the higher this project can go. If the top 1,000 yappers all shout together and can't push a meme coin to 30 million, it essentially disproves their ability to drive sales.

Especially since in the Chinese and Japanese/Korean markets, almost no one has a whitelist, it’s difficult to expect KOLs from the Chinese region to promote loud for purchases. Therefore, it can perfectly test the sales-driving ability of these 1,000 people in the European and American markets. Advertisers and project parties can use the loud project to test the value of their advertising.

Loud is indeed a social experiment; it tests the sales-driving ability of these 1,000 people in Europe and America itself. It's very interesting.

Calculated, tonight's loud IAO,
Goal: ~$70,000 (400 $SOL) for 45% of the $LOUD supply.

This means raising $150,000 in total fundraising for $LOUD.
There probably aren't many people in the Chinese community with phase 1 whitelist, it's mostly foreigners who have it.

So assuming everyone eats some leftovers from phase 2, if we stuff 0.2 SOL into 120,000 whitelist wallets, and assuming loud has 30 million, that would be a 200x increase.
0.2*200=40 SOL

Playing is playing, criticism is criticism, if I manage to grab it, it would really be exciting. I estimate that with my speed, I won't be able to grab it. Congratulations in advance to the scientists who wrote the script.

Calculated, tonight's loud IAO,
Goal: ~$70,000 (400 $SOL) for 45% of the $LOUD supply.

This means raising $150,000 in total fundraising for $LOUD.
There probably aren't many people in the Chinese community with phase 1 whitelist, it's mostly foreigners who have it.

So assuming everyone eats some leftovers from phase 2, if we stuff 0.2 SOL into 120,000 whitelist wallets, and assuming loud has 30 million, that would be a 200x increase.
0.2*200=40 SOL

Playing is playing, criticism is criticism, if I manage to grab it, it would really be exciting. I estimate that with my speed, I won't be able to grab it. Congratulations in advance to the scientists who wrote the script.

There are too many flowing coins on bnb, and I am really too busy with work. I work about 15 hours a day on infini.

I have no time for PvP, nor do I have time to 'build'.

I can only find coins with big backers and wait for them to pump.

The big backer coins are $jager and $bmp. Both have performed well today.

Jager is the coin with the most airdropped geological holders on BSC.

Bmp is the concept of graphic coins, with a total of 2 million pieces. It previously voted to move from ETH to BSC this week. It is about to become the leader of graphic coins on BSC.

Now jager is at 15m, bmp is at 3.7, which is only 7m. From a rational perspective, seeing bmp at 10u, which is 20m, is a very reasonable valuation. Many people do not know how to sell bmp, so the resistance to pumping will be lower.

Infini is looking for an intern/ambassador to manage our @Infini_CN account. The main responsibilities are:

Maintain the CN content and account activity for Infini.
Design CN-themed events and operations.
Produce and distribute tutorial materials.

If you are interested in managing a Twitter account and can dedicate more than 3 hours a day to account operations, please contact me or @Infini_Beryl

the is a bull market only for BTC.

Cookie is the largest AI proxy data index listed on Binance Exchange (http://cookie.fun) and a modular data layer for proxy economy.

Similar to Kaito's gameplay, once connected, your Twitter posts will be regularly and intelligently snapshot, and there will be a global KOL ranking presented periodically based on the expertise of Twitter accounts, facilitating global promotion and new project token airdrops.

This time I must be the first to take the plunge.

Sell BTC for 95,000, buy it back for 104,000.
Two months, nothing has changed, only BTC has decreased.

A few friends came back from Dubai and were mysteriously telling me: ETH has changed hands, everything is different now, and I should hurry up and buy some ETH.

I thought these friends had drunk too much fake alcohol and were a bit delusional.

Now it's good, today I cried as I watched them buy Bentleys.

Teaching kids about @jager_BSC's pool with an annualized return of 30,000% tonight, let's give them an engaging DeFi 101 lesson.

The jager website and music are quite lively and cute, making it suitable for children to learn about blockchain.

In the morning, I saw everyone saying that ZAMM made money, so I quickly took a few bites of lunch and took a look at the white paper.

Too long version summary:
Whether for deployers, LPs or traders, this is the more gas-saving Uniswapv2.

How is gas saved?

1⃣ Singleton Design
Core: All liquidity pools (such as ETH/USDC, BTC/DAI, etc.) are concentrated in one smart contract, without cross-contract interaction.

Compared with the traditional model:
Uniswap and other AMMs need to deploy contracts independently for each trading pair, and cross-contract communication (such as routing contracts and factory contracts) is required when calling.

ZAMM merges all pools into a single contract, similar to putting all goods on "one shelf".

Advantages:
Lower Gas: Avoid extra overhead of cross-contract calls

2⃣Flash Accounting
Core: Use EIP-1153 transient storage (temporary storage, automatically cleared after transaction) to complete accounting of multi-step transactions (such as A→B→C token exchange) in a single transaction to avoid repeated transfers of intermediate tokens.

Example process:
Traditional mode: A→B transfers once, B→C transfers again (two gas fees).

ZAMM mode:
Record the exchange path of A→B→C in transient storage.

In the end, only the net amount transfer of A→C is executed (only one gas fee).

Advantages:
Save Gas: Reduce the number of on-chain transfers (especially multi-hop transactions).

3⃣ Concentric Liquidity
Core: After liquidity providers (LPs) enter assets once, they can earn fees permanently, and allow other strategy contracts to "layer" and build complex strategies based on their liquidity.

Analogy:
Base layer: LP's original liquidity is equivalent to the "foundation", which earns stable fees.
Strategy layer: Other protocols (such as leveraged mining, hedging tools) can build "buildings" on the "foundation" without moving the foundation.

Advantages:
Passive income: LP does not need to actively adjust positions (such as full-range liquidity).
Composability: Strategy developers can directly reuse the underlying liquidity to reduce development costs.

4⃣Token Launchpad
Core: Through the makeLiquid() function, atomic operations complete token creation + liquidity pool initialization.

Traditional pain points:
The project party needs to deploy the token contract first, and then call AMM to create a liquidity pool (two transactions, two gas fees, and operational risks).

ZAMM improvements:
The token issuance and liquidity pool injection are completed in a single transaction (such as automatically injecting 50% of tokens and ETH into the pool). Similar to "one-click token issuance + listing on the exchange".

Advantages:
Risk prevention: avoid manipulation or loopholes caused by failure to inject liquidity in time after the token is created.

Gas saving: The merge operation saves more than 40% of the gas cost.

——————
ZAMM has some optimizations in the contract, but the gas of ETH is already very low now, and I can't see the practical significance. Anyway, after so much research, I can't make this money anyway.