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building

E3
Joined July 2020
Photo by Tche (@tcheee42)Photo by Tche (@tcheee42)Photo by Tche (@tcheee42)Photo by Tche (@tcheee42)Photo by Tche (@tcheee42)Photo by Tche (@tcheee42)Photo by Tche (@tcheee42)Photo by Tche (@tcheee42)Photo by Tche (@tcheee42)Photo by Tche (@tcheee42)
We just shipped stablecoins on @CashApp. Everything runs from your existing USD balance - no separate wallet, no managing multiple chains, no extra setup, and importantly no fees. Send and receive USDC on SOL, ETH, POL, and ARB. The most seamless integration in the world imo.
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stay focused...ignore the rat race...try to build things that are cool. the rest will fall into place
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Tokenization could fix this
Just west of downtown Chicago lies a rather unassuming data center that some of the world’s largest markets depend on. A malfunction at the complex on Friday took down virtually all CME futures and options trading platforms, wreaking havoc for traders bloomberg.com/news/articles/…
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Solar power is good Batteries are good Air conditioning is good AI is good Nuclear power is good Stop thinking like a medieval peasant
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Solar power is so obviously the future for anyone who can do elementary math
Replying to @JessePeltan
The anti-solar mind virus has infected the GOP. There are still plenty of principled conservatives, but they’re being drowned out by ideologues and cronies. Look at this chart and tell me again how solar isn’t “real energy.”
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Given the forecasted growth in compute, where does the marginal electricity come from? When does the grid max out? What’s the supply for new nat gas turbines? And how long does it take to permit and build a new nat gas power plant? Under the current regulatory regime, is solar the only other realistic new at-scale source you could bring online? At what point does the NRC actually get overhauled so new civilian nuclear can move forward? And even if that happens, build outs will be too slow?
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Chads keep chadding
Merkl has rebranded! New logo, new font, new colors — same mission. But it’s more than just a style update! The Merkl App has been completely revamped, with a fresh design and key new features! This rebranding marks a new era of growth for Merkl — no longer just a satellite of Angle Labs. Read the full announcement ↓
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How does crypto reach a billion people? Simple answer: stablecoins. Consumer apps like Airbnb, Uber, and Upwork will enable stablecoin payments for their hosts, drivers, and freelancers. Stablecoins bring down payment costs down by over 70%. Uber currently distributes $100B+ to its drivers every year and spends ~$2B in fees. With stablecoins, they can bring their fees down 95% to $100M. Airbnb distributes $65B to its hosts every year and spends ~$1.3B in fees. With stablecoins, they can bring their fees down 95% to ~$60M. How do they roll this out in practice? Companies like Uber, Airbnb, Upwork, Etsy, and Deel will set up wallets for millions of users on the supply side of their marketplace. i.e. hosts for Airbnb, drivers for Uber, freelancers for Upwork. They will start their rollout with users in LatAm, Africa, and Southeast Asia, i.e. regions where people would rather get paid in stablecoins than local currency. What is the benefit for users? - Access to stable currency - Access to yield on stablecoin balance When every end user has a native wallet provided by consumer apps, these apps will start to provide financial services. For example, Uber can provide banking services to their drivers via their consumer wallet. Uber can offer drivers yield on their stablecoin balance. They can also offer loans based on driver income.
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New: B2B payments via stablecoins with @stripe.
You can now create and send invoices that can be paid with stablecoins on @stripe! One of the top feature requests when we launched Pay with Crypto last month was for better B2B payments experience With Invoicing support, this is now true 👇 docs.stripe.com/crypto/pay-w…
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Now we come in and play with the big boys! Angle is going to launch USDA, a USD stablecoin! Expect the best of: - yield - reliability - liquidity - transparency - and Forex! There is a lot more to unpack and I can't wait to share this!
1/ We are thrilled to introduce USDA, Angle's USD stablecoin! 🇺🇸 USDA will offer: - a Savings solution 💰 - the same liquidity as USDC 💧 - anti-depeg mechanisms 🛡️ - borrow/leverage features 📈 Paired with EURA, USDA will boost onchain forex trading! All you need to know🧵👇🏼
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Ronnie Coleman voice: "Everybody wanna be a protocol, but nobody wants to grow DAU."
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I know not from whence the fresh 3074 momentum comes, but I ride it.
EIP-3074 is great because it makes migration from legacy EOA wallets to smart wallets effortless. Anyone who tried rotating keys in Ethereum knows how painful and expensive it is, especially when you own lots of different tokens and NFTs. EIP-3074 enables gradual transition.
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The North star for any protocol should be to build products that facilitate the transition of finance as it is today to a finance that's built on blockchains. Other than that, you're working in a close loop and not helping the industry forward as much as you could
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.@kookexchange has launched and is powered by LI.FI! 🥁 Deposit directly into any pool in one click. 👇
Replying to @kookexchange
2. Enter into any pool, vault or strategies using ANY token thanks to our ZAP feature powered by @lifiprotocol We want to achieve 1-click DeFi and that is our first step towards it 👀
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With @ValhaHQ you can: 1. Build your own front-end to interact with DeFi 2. Build your own dashboard to follow your DeFi positions 3. Build your own analytics tools to follow DeFi yield with instant and historical values You can also use @kookexchange to get 1, 2 & 3
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1. On May 21, 2023, Multichain CEO Zhaojun was taken away by the Chinese police from his home and has been out of contact with the global Multichain team ever since. The team contacted the MPC node operators and learned that their operational access keys to MPC node servers had been revoked. Furthermore, these MPC node servers, like all other ordinary servers, were actually running under Zhaojun's personal cloud server account. No member of the team has access to Zhaojun's personal cloud server account, so nobody can log on to these MPC servers. 2. Later, the team established contact with Zhaojun's family and learned that all of Zhaojun's computers, phones, hardware wallets, and mnemonic phrases were confiscated by the authorities. Since the inception of the project, all operational funds and investments from investors have been under Zhaojun's control. This also means that all the team's funds and access to the servers are with Zhaojun and the police. 3. Due to the lack of information about the case, the team could only maintain project operations to the best of their abilities through the remaining access on some non-MPC servers that hadn't been revoked yet. Per the lawyer's suggestions, the team has chosen to cooperate as much as possible with the demands of Zhaojun's family and adhere to the requirements of local laws and regulations, refraining from disclosing unauthorized information about the case to the public. 4. On May 30, in a responsible approach toward the community, the team released the news about Zhaojun's disappearance and informed the community about the technical issues currently faced. 5. On June 4, Zhaojun's family successfully logged into the cloud server platform using the historical information on his home computer. However, Zhaojun's family only allowed Multichain team engineers physical access to the home computer to fix technical issues with Router2 and Router5. 6. During this period, Zhaojun's family and the lawyer were in communication with the police. The team was not informed about the details of the case but was notified that Zhaojun would be released soon and was asked to continue maintaining the system and await further updates. 7. The Multichain protocol continued to operate as designed. The team made every effort with limited resources to sustain the operation of the Multichain protocol and resolve user issues as much as possible. 8. On July 7, user assets locked on the MPC addresses were transferred to unknown addresses abnormally. According to Zhaojun's sister, login information from an IP address in Kunming was found on the cloud server platform, along with a series of operations transferring funds from the MPC addresses. 9. On July 9, Zhaojun's sister transferred the remaining user assets in the router pool and subsequently notified the team and several project parties of this asset preservation action. The funds were transferred to EOA addresses controlled by Zhaojun's sister. 0x1eed63efba5f81d95bfe37d82c8e736b974f477b 0x6b6314f4f07c974600d872182dcde092c480e57b 10. On July 13, according to information provided by Zhaojun's family, the police took Zhaojun's sister into custody. Now, Zhaojun's sister is also out of contact. The status of the assets she has preserved is uncertain, so the team believes it is necessary to inform the community about all the known circumstances. 11. Due to the lack of alternative sources of information and corresponding operational funds, the team is forced to cease operations. If there are any further notifications and developments, the team will update the community accordingly. 12. The Multichain team does not have the access to Domain Account to redirect or bring down the frontend multichain.org. Please help amplify and ask users not to use the Multichain service anymore. Can @GoDaddy help to bring down multichain.org? Thanks.
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✌️Devs did something - day #3✌️ RWA in the Valha arena. You can now invest indirectly into tokenised US treasury bills through #crosschainzaps @FluxDeFi mainnet pools are available from any token and chain ▶️ flux.valha.xyz◀️
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Marc Andreessen recently tweeted “In our new era of AI: Every child will have an A.I. tutor that is infinitely patient, infinitely knowledgeable, infinitely helpful.” That era is here. Try it yourself 👉 synthesis.com/tutor 1/n
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Angle just added its first tokenized asset as collateral for agEUR: bIB01! You can now borrow agEUR using bIB01, a short-term US Government bonds ETF tokenized by @BackedFi!
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