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dcfgod
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Circle market cap is nearly $1 for every 1
usdc
issued
#USDC
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dcfgod
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If the protocol wont bet on itself why should you? etherfi buybacks going brrr note: dcf cap seeded @ether_fi
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airdrop for an L1 testnet users should be sub 1%
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Probably controversial but I want to see more tokens that release as 100% diluted (or with a short vest / lock) that are 80-100% owned by team / investors For example, say I have a business that sells soda and makes $1M of profits and its owned 80% by me and 20% by my investors If I go public I don't dilute my business by 50% and donate it to people that drink my soda... I just create a public market for my shares which have value because of my profits Why is it that for my token to be "accepted" I have to give away the business? Not trying to run a dao or have a decentralized soda business... just think tokens are way better, cheaper, and easier to manage
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How have none of these on chain stock / stocks for perps platforms not gone all in on making the best liquid market for trading circle on chain? Best I can find is like 400k of OI and negative funding
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Coinbase trades at 65b Circle trades at 38b 100% of circle revenue from usdc held on Coinbase goes to Coinbase, 50% of circle revenue from all other usdc goes to Coinbase Why not long coin short circle? Should circle have a ceiling at half of Coinbase?
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