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Crypto with Rakesh
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I loss everything 😔😔
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The day I see a green candle, I feel healthy and powerful.
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OM Burn proof
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Hide View Token Update: 300M OM Burn CEO Updates $OM Coin April 21, 2025 Today, MANTRA announces that CEO and Founder, John Patrick Mullin is burning his 150 million allocation of team tokens. The burn was a commitment made to the community last week. Both in an effort to rebuild trust, but demonstrate an unwavering focus upon building a trusted, accessible and inclusive financial ecosystem, delivered through tokenization. The Team and Core Contributor tokens were staked at mainnet genesis, in October 2024, to bootstrap network security. The process of unstaking 150 million tokens from the Team and Core Contributor bucket has now begun. It can be verified through the following transaction hash; CE0E166DED4F267B22F16D011A7F511FFDDB4AADB31A2FE6A0E6E81690E339AA DFB6C3DDFFDC09B9B2A16175401D8B7DB81C79C774203E17859694FA9D8C79C5 7D056D17F2A57A27E807FB9F12E739B24306FC7B8B651B27622A022EC18EFD5D The unstaking period will be completed on 29 April 2025. Once this process is finalized, all tokens will be sent directly to the burn address: mantra1qqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqcg2my8. These tokens will be permanently removed, reducing the total supply by the same amount, 150 million OM. Additionally, MANTRA is in ongoing conversations with key ecosystem partners to implement an additional 150 million OM token burn, which will bring the total burn amount to 300 million OM. Token Burn Impact to Onchain Staking APR After unbonding, MANTRA Chain will burn 150 million OM, reducing the total supply from 1.82 billion OM to 1.67 billion OM while decreasing staked tokens from 571.8 million OM to 421.8 million OM. This strategic burn will lower the bonded ratio from 31.47% to 25.30%, resulting in an increase in staking APR. Once the burn transaction has been executed and confirmed on the blockchain, complete verification will be provided. #BinanceAlphaAlert
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$BTC While it's common knowledge that many people, including those in the adult entertainment industry, have explored using cryptocurrencies like Bitcoin, there's no specific evidence to suggest a widespread or exclusive trend of porn stars holding large amounts of Bitcoin. Some individuals in the adult entertainment sector have used cryptocurrency to facilitate payments and reduce their reliance on traditional financial institutions. The Investopedia article mentions the ERC 20 token and its potential to impact the adult film industry's economics, with Stormy Daniels offering a vote of confidence. #BinanceAlphaAlert #BullRunAhead
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Ethereum (ETH) vs Initial Coin Offering (ICO) Ethereum (ETH) is the native cryptocurrency of the Ethereum blockchain, used to power transactions, smart contracts, and decentralized applications. In contrast, an Initial Coin Offering (ICO) is a fundraising method where new crypto projects sell tokens to raise capital. ETH is an established digital asset, while ICOs often involve high risk and uncertainty. Buying ETH means participating in the broader Ethereum economy, whereas investing in an ICO is a bet on a new project's success. Understanding the difference is crucial for smart crypto investing. #eth #ico
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