TRON USDT net circulation has surpassed Ethereum to take the first place
Just now, while I was browsing Twitter, I accidentally saw a tweet from TRONDAO in Chinese, stating that the issuance of USDT on TRON has reached 73.7 billion. Upon seeing this data, I checked on the blockchain and found that the total issuance of USDT on TRON reached a new high of 73.7 billion on May 9.
So, how much is the issuance on Ethereum? I was very curious about this question, so I looked it up and found a figure: the issuance of USDT on Ethereum is 74.5 billion, but one piece of data caught my attention.
The net circulation of USDT on TRON is 73.1 billion, while the net circulation on Ethereum is 71.7 billion. In fact, TRON has already become the public chain with the highest net circulation of USDT, as well as the public chain with the richest use cases for stablecoins and the widest application.
There is a particularly reliable group friend Every day in Pepe/GMGN fixes how much SOL Then I don't know if they made a profit Leave me a few dozen U as commission and just leave Not exaggerating to say I feel like I'm getting a salary from a job now
Brother, you can rest assured I have positioned myself at the bottom of every coin that surged I escaped at the peak of the coins that have retraced The ones that haven't retraced yet are being observed I have profited greatly from this market wave I am the most powerful blockchain genius in the entire universe I am definitely better than you
I bought Cake lottery tickets four years ago This is the first time in my life that I won a lottery jackpot At that time, I had 20 dollars in my wallet I was too lazy to transfer it, so I directly bought 4 Cake lottery tickets The next day, I went to check and won 5 dollars In the end, I used that 5 dollars to buy 1 more ticket Later, I completely forgot about it On the third day, I remembered and opened it, and won 1427 dollars At that time, the people around me started playing this So I always felt that Pancake owes me an advertising fee @PancakeSwap
Almost thought I was getting rich There was a problem with the SEI node The USDC staked on SEI is temporarily not displaying Then the remaining USDC in my wallet... Showed a million times increase....
From investing in WLFI to meeting the president | Sun's ALL IN USA journey
Last night, Sun expressed his short-term views on the market in a tweet, while also stating that he will soon visit the U.S. and will meet the president during this visit. This news exploded, but to me, it was all expected. The connections between Sun and the Trump family have long been clear, and everyone can review them.
1/ Investment in the Trump family project WLFI
Sun has invested a total of $75 million in WLFI over three rounds, becoming the largest investor in WLFI. This action clearly indicates his stance, and subsequently, WLFI hired Sun as a consultant.
2/ WLFI publicly purchases TRX
WLFI reciprocated by publicly purchasing TRX three times, accumulating $9.97 million in TRX, which is also its third largest holding after ETH and BTC, and there has been no change to date. For a considerable period, TRX was the only token making a profit in WLFI's address.
3/ Panel discussion at Token2049
A few days ago at Token2049, Sun, as the founder of TRX, appeared on stage along with Eric Trump, the executive vice president of the Trump Organization, and a co-founder of WLFI, engaging in a lengthy discussion. During this, Eric Trump announced that USD1 is integrated into TRON.
4/ Upcoming visit to the U.S. to meet the president
After a series of actions, Sun is finally about to visit the U.S. to complete this much-anticipated action. As he said, let the bullets fly for a while; we are looking forward to seeing how the TRON ecosystem will act.
At the same time, everyone knows that Sun is skilled in marketing. How this matter will develop, I believe a big news story is coming. As for how big, we can only wait for him to say: something big is coming.
A Cloud-Piercing Arrow | BTT New Listings, TRON Ecosystem in Full Bloom
I just saw the latest news: BTT has officially launched on the Bullish exchange and trading opened at 21:00 Beijing time on May 8. I increasingly feel that the signals of the TRON ecosystem's explosion are becoming more evident.
Not long ago, USDD, SUN, JST, WIN all started to list on some new exchanges, and they have made significant moves, with good price confirmations. Below, please enjoy the recent trends of the four major guardians of the TRON ecosystem.
About BTT
Actually, I have introduced before that BTT is the native token of the BTFS ecosystem, issued based on Tron. The main function of BTT is to incentivize and promote the operation of the network and user participation.
BTFS is a decentralized file storage and sharing system built on blockchain technology and the BitTorrent protocol. It aims to solve the problems of traditional centralized storage systems, such as high costs, censorship risks, and single points of failure, while providing efficient and scalable storage solutions. The well-known Fil and AR are actually decentralized storage tracks.
So its functions are as follows:
1/ Storage Fees Users need to pay BTT to the nodes providing storage space when storing files on BTFS, to compensate for their storage and bandwidth resources.
2/ Download Acceleration In the BitTorrent client, users can pay BTT to gain faster download speeds, incentivizing other users to share bandwidth.
3/ User Incentives Encouraging more users to join the network as storage nodes or bandwidth providers, thereby enhancing the stability and usability of the entire system.
At the same time, it also supports these applications:
1/ On-chain Live Streaming Platform DLive DLive is an on-chain live streaming platform and supports the live streaming function of SunPump. DLive is used to store video content and user data. DLive achieves distributed storage of content through BTFS, reducing dependence on centralized servers.
2/ Tron Lending Protocol JUST JUST is a lending protocol on Tron, and the recently popular USDD is supported by JUST for lending and mining platforms. BTFS provides storage support for decentralized financial applications within the JUST ecosystem, such as storing files related to smart contracts, transaction records, or other key data.
3/ Including more ecosystems like BitTorrent Pix, BTFS File, TronMovie, etc.
So in this wave, I see not just BTT's actions, but also the actions of the TRON ecosystem. I believe that Sun may be preparing for something big, of course, this is just my speculation.
I added LP before starting mining, and since six o'clock yesterday, it has been almost 17.5 hours. I have personally tested and recovered about 55% of my capital, which is quite aggressive and strong. After the mining started last night, many people panicked and sold off without understanding the situation, only to see the LP rise by over three thousand BNB in the deep night. I have witnessed all of this.
I previously mentioned a thought process on why to add LP for mining.
1/ If you are a short-term profit taker, then the value growth of holding tokens will definitely not be as aggressive as the APY from adding LP. Therefore, short-term profit takers should add LP for mining.
2/ If you are a long-term believer and think Jager has potential, then you should also add LP to accumulate more tokens. After the second pool opens, tokens will gradually become fully circulated, so not adding LP is equivalent to being diluted in proportion.
Why do I have a positive outlook on Jager?
1/ The tokenomics design is interconnected, with rewards and punishments in play. 2/ The narrative is attractive, built on the smallest unit of BNB on BSC. 3/ 1.47 million wallets have received tokens, with over 200,000 holding addresses, and Alpha is up in three days. 4/ The most attractive meme is a grand narrative: airdrops and money-giving gameplay.
Strictly speaking, all the money now is printed by the project team relying on this set of tokenomics. Initially, the LP seemed to be only 1 BNB. Another point is that those holding tokens feel they haven't made much money, of course, because we haven't reached that point yet.
If I were the dealer, I wouldn't collect chips at the current stage. I might also add LP to mine tokens. Seven days later, when everything becomes fully circulated, will be the time to collect chips, and by then, Jager will no longer have any so-called airdrop selling pressure.
Some people ask me if I've made a lot of money. Actually, it's fine. However, I don't like to flaunt my positions everywhere. Whether I've made a hundred million or a hundred dollars, I prefer to feel and digest it myself. I only share my thoughts with everyone.
At this point, I believe CZ and Sister Yi have 100% noticed $Jager, but they are worried about being copied. Actually, don't be like that. Be bold, and bravely say in the comments of 0xMoon: BNB is aiming for 1000!
I found that the Defillama website has a lot of issues I don't know if it's my network problem Every time I enter, I have to refresh many times to make it work You can give it a try The website is safe, no need to connect a wallet https://defillama.com/
In the past few days, I believe everyone has heard of $Jager. Remember the first day I urged friends in the group to claim it, and there were private messages about claiming? Many people were afraid it was unsafe and didn't dare to go for it. As a result, in just a few days, we completed an LP accumulation of 1-1000 BNB, even landing a combination attack on Binance Alpha. But do you really understand why Jager was able to quickly build such a massive project?
The Game of Claiming Airdrops
Those who claim airdrops can choose to receive 65% immediately or delay to receive 100% after 72 hours. Additionally, 40% of the 35% penalty from those who claim immediately will be rewarded to those who delay their claims. However, those who claim immediately can pool a total of 146 trillion tokens to share in the tax distribution, where 50% of the tax will be distributed every 10 minutes to those holding 146 trillion tokens, without any operation required, and can be checked and claimed anytime on the official website.
The Game of LP Rewards
The initial LP activity was during the first seven days of the airdrop phase, where anyone could add LP on the official website to receive high APY rewards. The source of the LP rewards comes from 60% of the 35% penalty from users who claimed the airdrop immediately. Additionally, adding LP has a 14-day lock-in period during which LP cannot be removed.
Upcoming Second Pool Revenue
After 6 PM tomorrow, all unclaimed tokens will enter the LP revenue. Based on the current progress of claiming airdrops, approximately 71% of the tokens will be linearly generated in the LP over the next 7 days, which means about 10% of the tokens will be produced daily, equating to 14.6 trillion.
If we calculate based on the current LP, 4 trillion tokens can produce 14.6 trillion daily, equating to a daily rate of 365%, with APY=133225%. Detailed calculations show that it takes about 6.5 hours to break even in terms of token value. After that, only profit remains for the next 161.5 hours.
Of course, if someone thinks that the end of the airdrop will lead to significant supply and demand changes and a surge in trading volume, they can hold the required 146 trillion tokens to receive BNB and token dividends, accumulating every 10 minutes to check on the official website.
If Jager's model works out on the BNB Chain, then I can ensure that miracles will happen on the BNB Chain. The rest is up to you and the choice with the BNB Chain.
@cz_binance I still want to ask you, cousin
Do you remember the special significance of Jager for BNB?
I think Alpha has a bit of an unreasonable point which is the points accumulation system I can do some calculations Since the points came out until now 10 days have passed I believe many people's accounts do not have a permanent balance of 10,000 U which means you can only earn 2 points of balance each day Accumulated over 10 days = 20 points Assuming you can earn 9 points daily, 512 U would be 90 points So if you didn't catch up at the beginning, will you never catch up? If the points keep increasing, for example to 170 Do you have to spend 1,000 U daily to compete for airdrops, is that reasonable?