TLX is a leveraged tokens protocol on Optimism that launched on 05/16/2024.
Leverage tokens utilize reactive rebalancing, which means no liquidations or margin management.
Let’s assume a BTC long is minted.
As BTC declines in price, the leverage inherently increases in price. This is because the money borrowed is fixed, but the collate
...Alts are having a rough go, but for the majors (BTC & ETH) the month-to-date performance is remarkably in line with prior Junes.
For BTC, the June 2024 performance is in line with both the mean and median datasets (2013-2023).
While for ETH, the June 2024 performance is nearly exactly the same as the median performance of all prior June
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It’s Tuesday morning June 18th Singapore time, and I am sitting in front of my computer watching alts nuke. Again. BTC is sitting comfortably within ~10% off all-time highs.
“This cycle is weird”. I have heard it said 10x already. Dispersion reigns supreme. This is a post to try and understand why.
Time is money
A new SocialFI application launched tokenizing time built on Base.
The app is very similar to FriendTech and is backed by Alliance DAO.
Minutes are traded on a bonding curve.
Minutes can be redeemed for 1:1 time with the creator (video meetings) on par with the minimum minute redemption and value.
Additionally, owning a m
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Wayfinder is an infrastructure tool that allows AI agents to interact with the blockchain.
The agents will be capable of interacting with applications and performing tasks such as transfers, trades, and even yield optimization.
As the datasets that feed the AI continue to be improved, theoretically, the possible functions will be infin
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Remilia finally announced its official ecosystem token, raising $20M in 12 hours through a public sale. This accounts for 15% of the total supply; 50% of tokens will go towards the Cult Fund, 20% to the treasury, and 15% to the team. Of the total supply destined towards the Cult Fund, 50% will be available upon TGE (within 45 days fr
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