auseelo @auseelo
Web3/spot Antony Joined October 2012-
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polymarket supercycle
Against all odds. Polymarket’s U.S app is now being rolled out to those on the waitlist. We’re launching with sports — followed by markets on everything.
quick note on the Automated Capital Formation mechanism. and also to the @reppo community. The concept works. (Reppo raised about $800k through the mechanism so far), but execution mechanism was stress-tested by $REPPO yesterday. and it didnt perform elegantly. Clarity on the issue: - at about 11pm SGT last night, the pricing oracle from a 3rd party team that was executing ACF's limit sell had some issues - this coincided with a lot of bullish momentum on $REPPO - the ACF mechanism stopped for 12 hours, where the fundraise didnt happen (also, the reason why there's a lot of upside volatility) - at 10am SGT today, the mechanism started back up at about $0.01788 - the way how onchain limit sells work is that they executed within a set price band + slippage. So if the price of the token has pamped way beyond the bin, it doesnt execute. It will execute when the price falls back into the bin range - BUT this are executed in small bins (49,500 Agent tokens worth). e.g. 700 usd bins. so price footprint is still small. - this created a lot of sell pressure between $0.01474 to $0.01788 price range (betwen 10am SGT to 1pm SGT today). which is now over. - n.b. there's some chatter on the timeline about a giga dump at 8am SGT. that is behaviour of a normal trader not the ACF mechanism. Improvements we are implementing: - For folks who've been following the ACF mechanism, this is already the 2nd iteration. Previous problem was the bottlenecking of transactions when an agent token pamps very hard in a short amount of time. We've already fixed this. - the 3rd party executor is implementing some extra fallback mechanisms so stuff like oracle going down shouldnt happen again. - we are building a better version of ACF where the mechanism doesn't "Sell" into the chart, but rather acts as a tight v3 uniswap liquidity band. this will be an in-house mechanism so we have more control over it. is in the oven but will take some time to be implemented. 🏗️🏗️🦄 ACF is the right direction. We will improve the execution.🫡
Let’s gooo
3k minted and 0.21 floor Currently sitting on 9.15 ETH of unrealized profit
Over 2k fwogs minted within 2 minutes of launch. Floor sitting at 0.17 with sales coming in actively Huge 50 nft bid wall at 0.1 ETh
It is working, but only for a very small subset of this market: - the teams developing these protocols - a few select VCs (i'd argue at this point even most VCs are massively down from the insane raises over multiple B valuations) When the majority of the market repeatedly rejects your bullshit L1 valuations it can only go one side, and it's not up. Most people are getting repeatedly rinsed on this, at some point they will just stop playing all together. IMO there is still too much euphoria regarding these valuations, because it's in the best interest of everyone taking part in them to promote to a greater fool, so the grind down will be slow and painful, but we will eventually see reasonable L1 valuations in the next 2-4 years.
@WazzCrypto What do you mean it won't work? VCs and teams continue to GTM at sky high vals. It is working. Why would they change the current system?
What I appreciate about Islam is that they keep their women humble, quiet, and clothed. Respect.
I always pay close attention to ETHGlobal finalists. Top signal of the zeitgeist. Often, finalists remix multiple hot trends in one app. Always on the lookout for the surprisingly novel. Nothing this time but that's par. Let ethglobal show you the light, then search the darkness.
🥁🥁🥁 The ETHGlobal Buenos Aires 2025 winners are here! 🇦🇷✨ We’re thrilled to share 10 projects that stood out from 475 built this weekend: 🤖 Paybot ✈️ JetLagged 🍊 BMCP 🤖 Hubble Trading Arena 🆓 payload.exchange 🧘 Yoga 🤩 LensMint Web3 Camera 🧾 Halo 🔏 zkx402
Read this it's only trading at 68m
@Houseofyogi you're looking for @avici •Standard checking and savings with insured deposits -(working on it) •ACH, wires, global FX, and optional stablecoin transfers in one place (done, will launch for everyone in 2weeks) •Traditional savings rates alongside crypto enabled
Yes.
This is the last time you'll ever be able to buy bitcoin below $90k!
Meet @NineFootTable. CMO of @Imaginary_Ones, a Singapore-based creative studio built on imagination and connection. We talked Peppa Pig and PlayMade collabs, the joy of creation, and how storytelling bridges web2 and web3. Find our full interview below. opensea.io/blog/articles/…
You can do a lot for people and they'll still only care about what you've done for them lately & have no problem disrespecting if an issue comes up Just a hard reminder to not people please
quicea @quiceaArt
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