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🎁 We are doing a GIVEAWAY to celebrate the #CitizenNFT mint (phase 2)! ⏳ Get ready, Cyberpunk City enthusiasts! The clock is ticking, and in just 24 hours, the highly anticipated CitizenNFT minting (phase 2) will be LIVE. So don't miss out.⏳ 🚀 Here are the minting details: 🕖...

13,838 次观看 • 3 年前 •via X (Twitter)

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Cyberpunk City 的头像
Cyberpunk City3 年前

The winners are..... 🥁 🏆 @georgestoian231 - 1 $EGLD 🏆 @Lumber_MOH - 1 $EGLD 🏆 @Flowing24360433 - 1 $EGLD Send a DM to get your rewards 🥳 Congratulations 🎁

👑×KingD¤vid⚡🐳 的头像
👑×KingD¤vid⚡🐳3 年前

@kingjimmyc @danplatanetwork, @realProEGLD @ReyesSteven1988 @Benbenj9 @Norman63851285, @McHavefun, @AllenOneDC, @kingjimmyc, @IliePlaias, @BlazzordNFT @jeff_wainwright @MultiversX

thekidₓ🔮🪓🦆 的头像
thekidₓ🔮🪓🦆3 年前

@BuntiJustme @TazzXXD @cuciorva13 @VladW23 @MariusOrcasgg @Mga2504

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Blazzord (MultiversX Memes)3 年前

@Ariefansclub @nl_dogecoin @razisvan

TazzXD 的头像
TazzXD3 年前

@MelegaRolf @WolfeZvan @VladW23

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Hitchy.EGLD3 年前

@BJakeyy @smarh_EAPES @jpegpresto

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Techie3 年前

@dnsv123 @razisvan @NikitaDNSe

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Baggins3 年前

@crypto__nothing @yaminono @FriendlyBearMVX

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Constantin3 年前

♥️🍀 @02Roche_ @6realvendo @alin6roman

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USH, the first native stablecoin on MultiversX, easily explained. TL;DR - USH is an overcollateralized stablecoin (similar in a sense to DAI) built by Hatom Labs (Hatom Labs), natively on the MultiversX blockchain. #USHto1 🔊 Hatom (HTM) is a leading DeFi platform offering 💧 $EGLD and $TAO liquid staking (sEGLD & sTAO) 💱 A Money Market (lending & borrowing) 💵 And, now, USH. --- TIMESTAMPS Introduction - 0:00:09 Exploring Hatom - 0:00:25 USH Isolated Pools Explained - 0:01:00 USH IP Liquidation Explained - 0:01:38 USH Arbitrage Opportunities Explained - 0:03:04 What Else Can You Do With USH - 0:04:29 Open EGLD Long Positions - 0:04:35 Buy Things With USH - 0:05:05 Provide Liquidity to USH-Related Pools - 0:05:20 Conclusion - 0:05:45 --- ## USH Staking Hub and the Isolated Pools The isolated pools are the core and heart of USH minting. So, how do the isolated pools work? Here's an example, supplying $1,000 worth of EGLD as collateral. As an overcollateralized stablecoin, the pool will always require a higher collateral deposit than the maximum possible minting amount. For EGLD, users can only mint 70% of the collateral deposit. Thus, for a $1,000 worth of EGLD deposited to the isolated pool, you could mint a maximum of $700 in USH. This, however, is super risky, and would set your minting limit to 100%. This is risky because if EGLD drops in value against the dollar, for example making your collateral worth $900, your position would be eligible for liquidation, crossing the 100% limit. In an oversimplification of the liquidation mechanism, a liquidator could repay 50% of your USH loan and take 50% plus an 8% penalty of your deposited collateral. In this example, the liquidated user would end with a position of $522 worth of EGLD as collateral. And a debt of $350 in minted USH. His minting limit would now be 95%, temporarily preventing another liquidation. It's worth noting that the liquidation wouldn't affect the USH you are securely holding in your wallet (like xPortal). Just your USH minting debt with the Hatom Protocol. Another user playing safer could, for example, mint only 50% of the available seven hundred dollars for a $1,000 deposit, minting $350 worth of USH. This would have avoided liquidation for the same price drop as before, as the mint limit would increase to 55%, still far from the 100% limit that makes an account eligible for liquidation. These mechanics guarantee that 1 USH is always redeemable for 1 dollar worth of assets in the protocol, opening doors for price arbitrage. **this is an oversimplification of the liquidation mechanism. DYOR! --- ## USH Arbitrage Opportunity (1 USH = 1 USD) Once one USH is always equal to one dollar at a protocol level, traders can arbitrage the USH value in different markets, making sure it will always get back to one dollar. Let's say 1 USH is now equal $1.10 worth of EGLD in xExchange ⚡. Then, users can use the mint function to benefit from this arbitrage opportunity. Depositing EGLD as collateral in the isolated pool. After that, the user can mint USH to sell for EGLD with a premium in the xExchange LP, using this EGLD to replace the deposited collateral, or deposit more to mint more USH and continue selling with a premium until the price is back to one dollar, profiting on the difference (around 10%). The opposite is also true when, for example, 1 USH is worth $0.90 in EGLD. This arbitrage opportunity will appear when repaying USH to get EGLD back. In this case, the user can buy USH with EGLD from the xExchange liquidity pool and use these tokens to repay part of his USH position in the Hatom's isolated pool, withdrawing part of the EGLD collateral. Similar to the other operation, the user can now use this EGLD to buy more USH with a discount on the market and continue the process until the arbitrage opportunity remains, also profiting from it. **this is an oversimplification of the arbitrage mechanism. DYOR! --- ## What Can You Do With USH? Now, besides the arbitrage, here are some other ideas on things you can with USH. ### BUY MORE EGLD First, you can enjoy the 0% interest rate to open long positions on EGLD or other MultiversX tokens. For that, you can deposit EGLD or TAO to the isolated pools, mint USH, and use these dollars to buy, for example, more EGLD. If the price goes up, you can then close the position by selling EGLD for USH, repaying the isolated pool, and withdrawing the EGLD back. ### BUY THINGS WITH USH Another idea is simply using the minted USH to buy things in the MultiversX ecosystem or also in the real world. This can be an interesting idea if you don't want to sell your EGLD, for example, depositing the tokens as collateral and minting USH to use as payment. While the first idea increases the buying pressure, this one can diminish the EGLD selling pressure. Both being beneficial to MultiversX. ### PROVIDE LIQUIDITY Last but not least important, you can use the minted USH to provide liquidity in many DeFi platforms, like the USH EGLD liquidity pool on the xEchange, or the USH USCD USDT LP on AshSwap 🔥. There will be other liquidity pools and farms that users will be able to stake USH and provide liquidity to the ecosystem. --- If you enjoyed the content, make sure you share it! Also, follow me for more educational content on DeFi. This is an educative content and not financial advice! You should always do your own research.

Vini B |「 thecoding 」

34,546 次观看 • 1 年前

🚨IMPORTANT🚨 Details and conditions of the OG $ARMY NFT Collection MINT Date: 12.19.2024 Total units: 589 Mint price: 58.9 $XRP ⭐️Conditions⭐️ We know that there are few units. We know that we could make a collection of 3,000 NFTs so that everyone can have their own. But the goal is not to make one NFT collection among so many. The goal is to create the best and most exclusive NFT collection that exists within the XRP blockchain. And that is why we know that there will not be units for everyone. Now we will talk a little about what we hope to achieve with this collection. To begin with, so that the process is as fair as possible, a time window will be given (20:00 - 23:00 UTC) where it will be launched as a surprise, on xrp.cafe ☕ The link to the MINT will be given in the Telegram Announcement channel, so we recommend that you keep an eye on it. Prepare your wallet with funds if you want to be ready for the minting. You must have the funds in a wallet compatible with xrp.cafe ☕ Our goal is an NFT collection that shows status, and that is why the units will be very limited. If we compare the main NFT collections from other ecosystems, we find the following: - Ethereum: Pudgy Penguns: 30 $ETH Floor Price (100k usd) CryptoPunks: 38 $ETH (150k usd) - Solana: Mad Labs: 61 SOL (14k usd) SMV: 40 SOL (10k usd) - Bitcoin: Bitcoin Puppets: 0.15 BTC (15k usd) - XRP Bear Collection: 1600 $XRP (4k usd) The goal is to place ourselves among the large NFT collections. As you can see, the minting price of 58.9 XRP (approximately 150 USD) can have an interesting upside. In addition, our supply is more limited than the collections described above. 🔥Less supply = more exclusive = more floor price🔥 The collection is made with a lot of love for XRP. You will be able to see in it many details about our beloved crypto asset. XRP deserves a blue chip collection on par with the rest of the blockchains. In addition, we have a surprise for the TOP 10 $ARMY holders: they will win a gift of 1 free NFT, which they must accept once it is sent to them. Another thing, the minting will be limited to 1 NFT per wallet. This is because we want the units to be as evenly distributed as possible, and there is no whale that hoards 20 NFTs at once. Finally, the NFTs contain rarities. The minting is random. In addition, there will be 10 exclusive 1/1 NFTs that cannot be minted, but will be put up for auction and will be won by the highest bidder. What will we do with the funds raised? Very easy: listing on CoinMarketCap/Coingecko + listings on multiple exchanges + surprises we have prepared The path of the XRP $ARMY to 10 billion will not be easy, but as with $XRP, we will be here giving everything for the project. Good luck to everyone and see you on Thursday at the mint!

$ARMY

34,459 次观看 • 1 年前