CupOJoseph
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official CurveFinance twitter account is hacked. DO NOT INTERACT with links!!
Yield on the USDC Vault on @OstiumLabs accrues by increasing the price of OLP (vault receipt token).
More liquidations of perp traders means more USDC to the vault, which increases the amount of USDC each OLP is redeemable for.
Yesterday was its biggest day yet
More liquidations of perp traders means more USDC to the vault, which increases the amount of USDC each OLP is redeemable for.
Yesterday was its biggest day yet
If you want to quit crypto, ai, software, etc... go into biotech. There is another industrial revolution happening right now.
Is there a canonical way to get stETH <> wstETH conversion onchain on L2s?
Mainnet has conversion functions in the token contract but L2 token contracts do not.
Mainnet has conversion functions in the token contract but L2 token contracts do not.
Building a useful product in crypto be like
It's becoming clear that the Endgame for Ethereum is super efficient nodes which do almost no processing except O(1) proof verification.
If anyone ever tries to sell you on a new stablecoin which is any of:
- not redeemable for underlying backing
- backed by assets which can not be liquidated if they go down in price
- backed by gold at the bottom of the ocean
run the other way
- not redeemable for underlying backing
- backed by assets which can not be liquidated if they go down in price
- backed by gold at the bottom of the ocean
run the other way
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š¢š¢š¢Big Announcement.
#BitcoinReserveDeadline
Major Moment for Bitcoin in the U.S. Today!
May 5 marks a key deadline for the U.S. Treasury to decide whether the government should establish a Bitcoin reserve ā essentially a digital counterpart to gold storage.
The upcoming report will explore:
1 Methods and locations for storing Bitcoin
2 Legal frameworks required
3 Oversight and management responsibilities
If approved, this could be the first step toward the U.S. officially recognizing Bitcoin as a national asset ā potentially reshaping how the government approaches crypto.
š All eyes in the crypto space are on this!
$BTC
#BitcoinReserveDeadline
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