FTX Is About to "Pump" Money, the Market Feels Like It's "Sitting on a Powder Keg"
On May 30, FTX will begin Round 2 of debt repayment to users. The amount about to be "unlocked" is over 5 Billion USD - four times that of Round 1.
Looking back at Round 1 from February 18 to March 31, expectations were raised high with 1.2 Billion USD in liquidity "pumped" into the market. But the final result: 600 Billion USD in market capitalization evaporated, Bitcoin plummeted 18%.
This time, with a much larger amount, and the market being "greedier" than ever, will FTX disappoint everyone once again?
Recently, the coins that have surged are all Binance Alpha coins, which are both AI concepts and on the BSC chain. So where the funds choose to go, liquidity is a good time to make money. After research, I found that the AFT on Alpha was launched early, should be related to Binance, and several big players have over a billion in market value. This AFT will soon also reach a billion in market value. It's worth ambushing with 30% of the position for high returns. #åøå®Alphaäøę° #åøå®AlphaSUIēęäŗ¤ęē«čµ $BNB
The single-coin APR for ETH has dropped to 10.9%, and the APR after using USDC for leverage is 15.04%;
Known information:
1) Storing USDC can earn 6.93% APR;
2) Borrowing ETH only requires a payment of 0.24% APR;
3) Storing ETH can earn 10.91% APR;
4) After depositing, the borrowing ratio is 76%;
Logical analysis:
1) Directly storing ETH can earn 10.9% APR;
2) There is an interest spread between storing and borrowing ETH: 10.67% = 10.91% - 0.24%;
3) Assuming a deposit of 10,000 USDC, you can borrow ETH worth 7,600 USDC;
4) You will earn 6.93% APR on the 10,000 USDC;
5) You will earn 10.67% APR on the 7,600 USDC worth of ETH;
Operational suggestion: Deposit USDC, borrow ETH, and transfer to another wallet, then deposit ETH to achieve an APR of: 15.04% ā 6.93% + 10.67% * 7,600 / 10,000;
Tips:
1) ETH can be transferred in via the official cross-chain bridge of @SuiNetwork;
2) Since the core lending protocol AlphaLend does not support borrowing and storing the same token in the same wallet, you need to prepare two wallets;
Note: The core protocol is @AlphaLendSui ______________________
ā*Wonderful Souls* They are those who praise God for both taking and giving, every morning and evening And I am certain that everything has a wisdom from God, for whoever makes gratitude the conclusion of blessings, God makes it the beginning of more, so praise be to God always and forever O Allah, to You belongs all praise until You are pleased, and to You belongs all praise when You are pleased, and to You belongs all praise after You are pleased
šŗGood Morningšŗ (Thanks to my friends and to everyone who supports me with their love and affection. I ask God to sustain our friendship and love for one another)
Nexpace: Revolutionizing Blockchain Gaming with MapleStory Universe
In the fast-evolving world of blockchain gaming, Nexpace emerges as a groundbreaking project that blends the iconic MapleStory IP with advanced blockchain technology. Built on the Henesys L1 network, MapleStory Universe aims to transform the gaming landscape by delivering a seamless and innovative experience.
Project Overview MapleStory Universe is powered by the Henesys L1 network, an independent Layer-1 platform that integrates all network activities and utilities through the NXPC token. This project brings together foundational applications like MapleStory N and a range of synergy applications developed by both the internal team and external creators. By leveraging the globally recognized MapleStory IP, Nexpace taps into a proven success that has captivated millions of players worldwide. Henesys L1 Network The Henesys L1 network serves as the technological backbone of MapleStory Universe. As a decentralized Layer-1 platform, it ensures that all transactions and interactions are efficiently managed via the NXPC token. This design not only enhances the gaming experience but also provides a scalable and secure foundation for future growth and development. High-Value, Proven IP Unlike many blockchain games built on underperforming titles, Nexpace incorporates the MapleStory IPāa cornerstone of Nexonās global success. MapleStory generates an impressive $550 million in annual revenue with a 24% compound annual growth rate (CAGR) over 21 years. This established IP gives Nexpace a significant edge, blending a high-value brand with blockchain innovation. Community and Ecosystem Focus Nexpace sets itself apart by avoiding pre-sales and investment rounds, a common practice that often leads to inflated valuations and sell pressure. Instead, the project prioritizes its community and ecosystem contributors by allocating the majority of the NXPC token supply to them. This approach fosters long-term sustainability and aligns the interests of all participants. Support from Nexon Backed by Nexon, a gaming powerhouse with an $11 billion market cap, Nexpace benefits from a $100 million investment dedicated to the ongoing development of MapleStory Universe. This substantial commitment highlights Nexonās confidence in the project and ensures it has the resources to thrive without relying on early token sales. Conclusion Nexpace is poised to lead the charge in blockchain gaming. With its innovative use of the MapleStory IP, a robust Henesys L1 network, a community-centric token model, and strong support from Nexon, the project promises to deliver an exceptional gaming experience. As MapleStory Universe unfolds, it stands to bridge the gap between traditional gaming and the future of blockchain technology. #BinanceHODLerNXPC $BTC $BNB $NXPC
#åøå®AlphaSUIēęäŗ¤ęē«čµ $BNB In this world, everyone has their own rhythm. While waiting, focus on being yourself, and thereās no need to worry about luck not coming your way. The best often appears unexpectedly. Life is still long, so please donāt be anxious; itās not that the ending is not perfect, but rather that it allows you to accumulate enough good fortune before meeting you again.