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Bonk Eco continues to show strength amid $USELESS rally
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Pump.fun to raise $1B token sale, traders speculating on airdrop
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Boop.Fun leading the way with a new launchpad on Solana.
Stablecoin Sean
Crypto x AI's on-chain Robinhood 🎯.
Helping fix broken capital formation through post-token launch investment and support.
GP @fintech_io
Congrats. You all survived the Great Bear Market of July 30th - August 6th.
If you are new around here, the cacophony of "tops in till Q4" / general doomer calls proliferating throughout CT (with no actual thesis) as global liquidity rips is always your counter-trade signal.
3.8. klo 02.03
This low vol / low liquidity sell-off is nothing to worry about imo. Nice washout of late ETH beta longs.
Most alts way too oversold now, plus a bunch of bullish divergences on most charts. Buy if you have cash here down to 110k.
End of year rally thesis remains intact.
8,87K
Stablecoin Sean kirjasi uudelleen
Very significant launch by @pendle_fi.
Combined with Pendle's existing PT/YT mechanism for on-chain yields, Boros now covers off-chain yields (CEX funding rates).
Perps traders will be able to lock in funding rate costs.
Could be very useful for @ethena_labs one day, who could potentially lock in future funding rates by longing YUs when rates are attractive.
This transforms variable funding income into fixed income for specific periods.
During periods of negative funding (like bear markets), Ethena could have pre-hedged by shorting YUs.
This would offset losses from paying funding, stabilizing USDe's yield, and would help to stop the supply contracting during risk off periods (would stop the fudoooors).
Obviously early days, and it needs to become battle tested, but think this is a big launch for crypto as a whole.
There is still only one token too - $PENDLE
Elite team, elite protocol.
27,37K
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