2017.06.19 08:07 siouxsie_siouxv2 Lightly used
2008.01.25 11:04 craigslist - Buy, sell, trade!
2008.04.27 08:14 Best of Craigslist
2023.06.10 22:36 Tervia Should /r/evnova join the blackout in protest of Reddit's API changes?
Steve (Steve Huffman, i.e. spez, Reddit CEO) : "Apollo threatened us, said they’ll “make it easy” if Reddit gave them $10 million."Even after Reddit admitted on a recorded phone call that said perception was a misunderstanding:
Steve: "This guy behind the scenes is coercing us. He's threatening us."
Christian Selig (i.e. iamthatis, Apollo app developer): "I said 'If you want Apollo to go quiet'. Like in terms of- I would say it's quite loud in terms of its API usage."And then accused the same developer of gaslighting the community... with no evidence presented:
Reddit: "Oh. Go quiet as in that. Okay, got it. Got it. Sorry."
Reddit: "That's a complete misinterpretation on my end. I apologize. I apologize immediately."
Steve: His “joke” is the least of our issues. His behavior and communications with us has been all over the place—saying one thing to us while saying something completely different externally; recording and leaking a private phone call—to the point where I don’t know how we could do business with him.It would have honestly felt better if they were just announcing that they were killing third party app access outright. But instead, we've been presented with a pricing structure that looks like it was meant specifically to kill third party apps, them acting like that isn't, and accusing third party app devs of being incompetent instead of asking themselves why others would want to use apps that aren't theirs in the first place. spez's latest AMA yesterday is only more salt in the wound, offering only token concessions so that a few accessibility-focused third party apps can continue unharmed, while other third party apps have announced their shutdowns because of these changes:
Christian: Please feel free to give examples where I said something differently in public versus what I said to you. I give you full permission.
We’ll continue to be profit-driven until profits arrive. Unlike some of the 3P apps, we are not profitable.If this goes through unabated, what feature will reddit put on the chopping block next?
2023.06.10 22:36 cypressgroveadmin Cypress Grove - A 21+ Supernatural Roleplay
2023.06.10 22:35 edwinbarnesc GMERICA: Activist Affiliates Are The Stalking Horse That Will Acquire [REDACTED] Through Lazard
![]() | Things just got interesting. submitted by edwinbarnesc to edwinbarnesc [link] [comments] New $BBBYQ court dockets 674 (Professionals), 676 (Lazard) and 677 (Confidentiality) have just released. The court docs confirm the Activist Affiliates as the stalking horse through Lazard, the investment bank and a Confidentiality stipulation has been court ordered meaning details of the Transaction Sale for buybuyBABY through Lazard will be [REDACTED] to the public citing "competitive injury." Now, let's dig in. Shill Destroyer: DIP Facility ConfirmedStarting with docket 674 filed 6/9/23: From doc 674 off kroll website This docket is especially important because it lists all the Professionals and professional services utilized in chapter 11 restructuring. More than anything, it clearly states that Debtor-In-Possession financing facility, aka DIP FACILITY is addressed to Proskauer Rose at 11 TIMES SQUARE NEW YORK, which in case you forgot, is the legal counsel to Carl Icahn's $IEP. This should put to rest any speculation about $IEP's involvement and is tit-jackular confirmation that $IEP is directly in-control of the stalking horse bid outcome due to the DIP Facility which grants $IEP & Affiliates = SUPER SENIORITY STATUS to claim any sale of assets in $BBBYQ chapter 11. It is the signature takeover move that Icahn used to acquire Las Vegas Tropicana, which funny enough also required a DIP Facility and was setup by Silverpoint Capital at that time (SP Cap is currently an active Interested Party in $BBBYQ ch11 too). Here is a closer look into Carl Icahn's Las Vegas Tropicana takeover, based on the 10K filed in 2010: IEP takeover of Las Vegas Tropicana with DIP Facility by Silverpoint Capital (an Interested party in $BBBYQ ch11) I doesn't get anymore more obvious than this, shills can suck it. Now, moving on. Shorts Anxiety: The Lazard ConnectionBeginning with docket 676: From doc 676 off kroll website Lazard has been authorized as the investment bank to handle the sale of buybuyBABY on behalf of the debtors ($BBBY). This confirms the connection that Lazard is also working on behalf of the Activist Affiliates (see this post for full context). Who are the Activist Affiliates? Doc 676 has attachments: starting with Exhibit 1 that is titled, "March Engagement Letter" dated March 21, 2023 that was sent from Lazard to $BBBY's CEO Sue Gove: Exhibit 1 from doc 676 - March Engagement Letter that Lazard wrote to CEO Sue Gove This is a critical piece to the ongoing saga between $GME x $BBBYQ and officially confirms an "Engagement Agreement" was formed between Lazard and the company Bed, Bath, and Beyond on January 15, 2023. That date is important because RC tweeted that he bought all the stocks, and there's a Pitchbook data entry that reveals buybuyBABY was acquired through a leveraged buyout on January 13, 2023. Now, I want to be clear, that the LBO "sale" on Jan 13, 2023 was likely a hold of some sort hence the language 'Engagement' which sounds like the fiancé period in a relationship before the official wedding ceremony. Just ask any fiancé for confirmation of their relationship: it's unofficially, official. In my previous post, under the section 69D Checkmate: Acquiring BABY With LBO Financing, I show how this transaction took place in January 2023.Therefore, the sale or consummate of final sale (aka wedding day) has yet to be made official and that's why ch11 has deadlines for hearing dates. Shorts Worse Nightmare: The Smoking GunFurthermore, on doc 676, Exhibit 2 labeled as the "April Amendment" reveals the connection between Lazard and the Activist Affiliates: Exhibit 2 from doc 676 - April Amendment letter Lazard wrote to CFO Holly Etlin, the Turnaround Restructuring Queen BOOM! This is undeniable proof that Lazard is working with the Activist Affiliates and helped setup the DIP Facility by admission of receiving a $4 million payment (a money trail doesn't lie). And then there is specific mention for a Sale Transaction Fee to be collected for Lazard in the event of $BBBY consummating a sale (wedding day), where the acquisition of BUY BUY BABY will go through the Affiliates via Dealer Manager's Agreement (DMA), which I covered in the last post. Further supporting evidence: Lazard has been utilized to carry out LBO transactions for IEP's takeover of HP & Xerox by working with Carol Flaton of AlixPartners. Carol was hired as an independent director of $BBBY in late January 2023 and later appointed to $BBBY board.I mention Carol Flaton because there was a time when NOBODY could explain how she was hired to the board since it was believed that RC Ventures completely sold off all his shares. However, it is now proven with Exhibit 1 "Engagement Agreement" that something unofficially-Official took place which matches the Pitchbook data of an LBO "sale" and explains how RC Ventures through the Activist Affiliates had the ability to appoint Carol Flaton. RCV wasn't holding the shares because the Affiliates were in possession of the shares. BIG FUCKING BOOM! Here, this letter from RC Ventures to BBBY is a helpful reminder that the ACTIVIST AFFILIATES were calling the shots: RC Ventures letter to $BBBY and reveals that the Affiliates appointed Carol Flaton Feels good to tie up another loose end. Case-closed. Shorts Funeral: The Killsh0tContinuing on doc 676 with Exhibit 3, the Indemnification letter: Exhibit 3 from doc 676 - Indemnification letter Lazard wrote to BBBY CEO Sue Gove This letter dated August 10, 2022 is basically a get-out-jail-free card and releases Lazard from any and all liabilities and risk pertaining to what was about to happen around that time. A few days after that letter, RC Ventures "sold" his shares of $BBBY on August 18, 2022, supposedly. There is an EDGAR filing from RCV that states he sold his shares in the open market (pointed out by u/travis_b13), however, that couldn't be further from the truth as you just learned because the Affiliates were holding beneficial ownership shares by January 2023 and was able to appoint Carol Flaton. This Indemnification Letter allowed Lazard to create the Dealer Manager Agreement (DMA) on October 18, 2022 which became the official day where Lazard + ALL PARTIES + Activist Affiliates were combined into a sole legal entity/buyer for the acquisition deal of buybuyBABY. Here is the Dealer Manager Agreement, (full context here): Dealer Manager Agreement (DMA) supersedes all other agreement Hence, this DMA has created an entity that is now the Stalking Horse. The [REDACTED] SaleAccording to doc 677, known as the Confidentiality Stipulation, a court has ordered the details of the sale to be sealed, so the Stalking Horse Bidder may not be announced to the public after the Sale Hearing date on June 27, 2023.The choice to announce will be given to BBBY or the winner of the bid to do so of their choosing. From doc 677 The court has ordered confidentiality citing "competitive injury" so we may not get confirmation of the Stalking Horse or the final winner of the sale. This info may be important to others, but for those following along, well you already know :-) TLDR, Exhibits & Complete BBBY Timeline:
And all the pieces on the chess board have moved in position.. The Stalking Horse Bid has been extended to Sunday, June 11, 2023 which pushes the final Sale Hearing date to June 27, 2023 which is exactly 1 week away from July 4, 2023 = TUESDAY 7/4. And why is that important? Because of this: RC tweets on July 4, 2021 - Power to the Players And this just happened: Trademark filed for \"POWER TO THE WEB3 PLAYERS\" Looks like there will be fireworks.. GMERICA The birth of a new company is coming.. TEDDY The beginning of the End.. SHORTS CAPITULATION And the start of something delightful.. The GMERICANS: Founding Fathers coming soon - July 4, 2023 MOASS HAS BEGUN. GMERICA 🏴☠️ |
2023.06.10 22:34 zeemeerman2 Newbie GM Questions: Skill check procedure in exploration mode
"As you try to climb this wall, you accidentally grab a part of a loose rock. It crumbles and falls down, revealing a small cavern. Inside, a group of bats and behind them, a treasure chest. As the loose rocks fall down, they make noise, waking up the bats. Roll initiative. Yes, while climbing."I do understand that in Encounter Mode, nothing happening means you still lose an Action. Which might mean the enemy can get an extra turn in and attack you. There is still risk, even without immediate consequence. My question refers to Exploration mode here.
When I speak of consequences, I have a policy to never ever make it seem like a PC does something stupid, like many fumble card rules seem to imply. This is often achieved by pure narrative. A sword does not slip out of the PC's hands. Instead, the PC makes an accurate attack, but the goblin flicks the sword out of the PC's hand at the last second. The PC is a competent combatant, but sadly for them, so is the goblin.
Player: "I want to climb on top of this Giant to get to the top of the wall."In mechanics-first play, the player chooses the Action they want to take first, making what happens in the fiction fluff that can be ignored.
GM: "That sounds like a Climb action to me."
Player: "I want to climb on top of this Halfling to squash them with my weight."
GM: "That sounds like a Strike action to me."
Player: "I attack the goblin. Does a 17 hit?"Especially with Skill actions, are they intended to be triggered from fiction or are they chosen by players as actual actions?
Player: "I'm using Acrobatics to climb swiftly on this wall."
GM: "Okay, make a DC 20 roll."
Player: "That sounds like a lot. How about I just be careful and use Athletics instead?"
GM: "Okay, then make a roll against DC 15 instead."
2023.06.10 22:33 ItsEsmeJones [MMMM4A] The First and the Last [Ancient Vampire Speaker][Grim Reaper Speaker][Butler Speaker][Vampire General Speaker][Eldritch Listener][Confrontation][Eldritch/Lovecraftian][Megalomaniac][Mystery][What Are You][Horror][Lore Drops][CW: Mentions of Violence/Action/Death/Genocide]
2023.06.10 22:32 LiquidWebmasters Real Solutions for Renters. Add yours to my list....
2023.06.10 22:32 curtisj93 Should my holiday pay be my average wage
2023.06.10 22:32 AutoModerator Iman Gadzhi - Agency Incubator (Program)
2023.06.10 22:32 AutoModerator Agency Navigator - Iman Gadzhi (Complete Course)
2023.06.10 22:31 HainActivity Misuse of a Tuya light switch for HA as alternative for e.g. Zigbee buttons
![]() | May be not everyone is aware of it... submitted by HainActivity to homeassistant [link] [comments] but you can use a Tuya-Wifi light switch like this also for devices without real cables thus HA devices. I use only one of them for power lines and the other one (or more) for just sending a command to ha. By this way I can now switch my ceiling lamp via real power lines and my additional uplights via zigbee/wifi or RF (depending on what options are available for HA). Big plus - you can use LocalTuya for the switch. Since I haven't read anything about it here so far - and wasn't 100% sure at first that it works, I thought it might interesting one or the other...to replace some e.g. battery powered Zigbee switches/buttons. https://preview.redd.it/xhwa6moz395b1.png?width=260&format=png&auto=webp&s=b1bc34967f5a42cc96b69e4e71f88342c71f72c8 |
2023.06.10 22:31 AffectionateStep5001 Simplii Referral Reddit - $50 Referral Bonus + Possible $400 sign-up bonus 🍁 :)
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2023.06.10 22:30 jaykhunter on MONDAY, r/OSWreview is going dark Indefinitely, to protest Reddit being absolute CLINT Hogans
2023.06.10 22:30 AutoModerator [Genkicourses.site] ✔️Jon Benson – ChatVSL Workshop (Create and even sell high-converting VSL’s using only ChatGPT) ✔️ Full Course Download
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2023.06.10 22:28 jhaosmire Pro deck cost question s
2023.06.10 22:28 AutoModerator Iman Gadzhi - CopyPaste Agency (here)
2023.06.10 22:27 OroraBorealis I am finally dating the boy I've loved since 6th grade!
2023.06.10 22:26 RealityIsAKnife [M4A Playing F] “I’m gonna drive Herculon back to whatever galaxy it is he came from. And that’s a PROMISE”
2023.06.10 22:26 CB_scorpio Hatom Protocol - A Deep Dive Thread -Part I by @robolteanu
![]() | With xLaunchpad around the corner and @HatomProtocol being officially the upcoming launch it's time to learn more about it. submitted by CB_scorpio to elrondnetwork [link] [comments] A deep dive thread into the project aimed to improve your research before investing. Let's get into it 👇 🧵 Hatom Protocol - A Deep Dive Thread Here's the breakdown of what I'm going to cover in this thread : 🅐. Project Overview 🅑. Hatom Building Blocks 🅒. ESDT Before we start with this thread, please don't rely only on my thread to do your research. I've created this so you can have a better understanding of the project, but it's not an endorsement to buy into it. Always create your own thesis! 🅐. 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄 The first question will always be: " What the hell is this project all about?" @HatomProtocol is an incredible combination of different building blocks that aims to empower #MultiversX ecosystem. At the base, Hatom is a liquidity protocol. Two of the most important elements of @HatomProtocol will be the decentralized lending market and liquid staking module. Those two features aim to radically change the way we are using #MultiversX. It can be seen as a combination of Lido and Aave. @HatomProtocol act as a decentralized bank and will offer liquid staking advantages to users on #MultiversX. It aims to resolve the lack of #DeFi products on this chain and increase the overall liquidity. It is no surprise that #MultiversX needs a suite of products to ignite the long-awaited DeFi era. With a place where users can borrow funds and also get liquidity while securing the network, @HatomProtocol seems to have immense potential. Let's delve into its modules 👇 🅑. 𝗛𝗮𝘁𝗼𝗺 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗕𝗹𝗼𝗰𝗸𝘀 This will be divided into three parts : 1️⃣. Lending Protocol = decentralized lending protocol 2️⃣. Liquid Staking = liquidity for staked $EGLD 3️⃣. Hatom Mush = isolated lending protocol. 1️⃣. 𝗟𝗲𝗻𝗱𝗶𝗻𝗴 𝗣𝗿𝗼𝘁𝗼𝗰𝗼𝗹 The lending protocol is the first building block of the @HatomProtocol ecosystem. You can think about this module as a decentralized bank. How is it working? https://preview.redd.it/a4xmig35n55b1.png?width=680&format=png&auto=webp&s=8c6566f30af5de6c1b9f0d426a36ac00b4427dd8 he lending protocol relies on two parties to work : ➡ Lender = provides liquidity by supplying tokens to a pool of assets; ➡ Borrower =borrow liquidity by taking these tokens from that same pool. Why would someone supply its tokens to the lending protocol? This process works exactly line in the real life with the banks. A bank customer will deposit money into a saving account that is paying a certain APR. The bank then uses the funds to accrue a higher return on that sum than what they are paying to the customer. With @HatomProtocol, the lender will receive rewards from the borrowers. The APR is not fixed and it all depends on the utilization rate of the funds. It's an easy process to gain more rewards on your crypto bags without providing liquidity and having impermanent loss risk. On the other hand, a borrower will need to deposit the assets into the lending protocol and activate them as collateral. Once they do that, the collateral can be used to get a loan, based on a certain loan-to-value which depends on the asset criteria. Here's an example 👇 https://preview.redd.it/abn7thv8n55b1.png?width=679&format=png&auto=webp&s=d423f24c216fd6d03409bc91bb4d8653beac6699 I would really encourage you to read the following thread for a better understanding of the lending protocol. Once you read that, let's continue with the second building block. [email protected] https://preview.redd.it/zvyjvsjcn55b1.png?width=510&format=png&auto=webp&s=fbd0b6e35799fe5aad4451ed960ce60edae6d33e 2️⃣. 𝗟𝗶𝗾𝘂𝗶𝗱 𝗦𝘁𝗮𝗸𝗶𝗻𝗴 Proof of stake blockchains relies on stakers to increase the security of the network. On #MultiversX, network security is achieved by staking $EGLD with one of the validators that are running nodes on the chain. https://preview.redd.it/863ybskln55b1.png?width=1200&format=png&auto=webp&s=be6ac59125dc0b93f6ad6d71785e2238e6fa6173 The main problem of traditional staking is illiquidity. Once you delegate your tokens to a validator, they are locked up for a certain period of time. During this time, you cannot sell or trade your tokens, which means your assets are illiquid. @HatomProtocol aims to resolve this issue by creating the liquid staking module. Users will be able to stake their $EGLD directly into the dApp and receive a receipt token called $sEGLD ( staked $EGLD ). $sEGLD is a liquid asset and can be used in other protocols while earning rewards from staking. In liquid staking, stakers don't receive additional $sEGLD over time. Instead, the value of their existing $sEGLD increases algorithmically based on the liquid staking APY. The lending protocol and liquid staking module will work very close together. The fees earned by the project from the liquid staking will be used to bootstrap organically the money markets of the lending protocol. There will be no inflation of the HTM token to incentivize users Liquid staking is the new hot narrative in DeFi and will have a humongous impact on the ecosystem liquidity. By holding liquid-staked assets, users can use their capital more efficiently. You can read more about liquid staking here : [email protected] https://preview.redd.it/tj24d0wpn55b1.png?width=507&format=png&auto=webp&s=21ab3e00cf26e8b2ca3627ec2e2fd59d0a0e9b63 3️⃣. 𝗛𝗮𝘁𝗼𝗺 𝗠𝘂𝘀𝗵 Mush will be an isolated lending protocol that will allow whitelisted projects to create their own lending pools, separated from @HatomProtocol ones. https://preview.redd.it/hxbnwdzwn55b1.png?width=1200&format=png&auto=webp&s=3118fbb12d3bb0399ec5c25c3980a898c426d59a What's interesting about isolated lending pools? 🛡️ Risk Management In shared lending pools, a single asset's value drop can impact the whole pool. In isolated pools, such a drop only affects that specific pool's participants. 🛠️ Customization Each pool can have its own interest rates, collateral requirements, and other parameters, which can be tailored to the specific characteristics of the asset or pair of assets in the pool. 🎯 Asset Specificity Isolated lending pools enable users to lend and borrow less liquid or volatile assets, which might be too risky for shared pools. 🔄 Greater Choice for Users With isolated lending pools, users can choose to participate in the pools that best match their risk tolerance and investment strategy. They can opt for pools with more stable, well-established assets, or they can choose pools with volatile assets. @HatomProtocol will generate revenue from the set-up fees of each isolated lending protocol and from a percentage of their revenues. A portion of the revenues generated will be transferred to the staking module and distributed to $HTM token stakers. 🅒. 𝗘𝗦𝗗𝗧 In this part of the thread, I'll be covering all types of tokens you will interact with on @HatomProtocol such as : 1️⃣. HTokens 2️⃣. Liquid Staking Tokens 3️⃣. Hatom USD 4️⃣. Synthetic Tokens Let's dive straight into it 🤿 1️⃣. 𝗛𝗧𝗼𝗸𝗲𝗻𝘀 To put it simply, HTokens are interest-bearing tokens. This means that these tokens are designed to accrue interest over time, with the interest rate typically correlated to the supply APY from the lending protocol. https://preview.redd.it/ndoqs8hcr55b1.png?width=1200&format=png&auto=webp&s=0326aafb9aa429a7b5b9a1c549ddbe2ded9497c9 Users that choose to deposit their tokens into the lending protocol will receive these HTokens as a receipt. As an example, if you want to lend $EGLD you will receive $HEGLD. For $MEX you will receive $HMEX. And so on. Let's discuss some of HTokens utilities : 🛡️ 𝗖𝗼𝗹𝗹𝗮𝘁𝗲𝗿𝗮𝗹 Htokens can be used as collateral for borrowing in the lending protocol, thus providing liquidity to the user while they still earn interest on their deposits. 🌾 𝗬𝗶𝗲𝗹𝗱 𝗙𝗮𝗿𝗺𝗶𝗻𝗴 𝗮𝗻𝗱 𝗩𝗮𝘂𝗹𝘁 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 These tokens can be utilized in yield farming strategies or in vaults that automatically employ such strategies. This can potentially provide users with an additional layer of returns on their holdings. 🔄 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗮𝗻𝗱 𝗟𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆 Htokens can be traded on established decentralized exchanges, providing users with liquidity and the opportunity to earn from trading gains. 💵 𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻 𝗠𝗶𝗻𝘁𝗶𝗻𝗴 You can also use HTokens to mint algorithmic stablecoins, such as HatomUSD ( $USH ), providing a further utility and potential source of yield for Htoken holders. 2️⃣. 𝗟𝗶𝗾𝘂𝗶𝗱 𝗦𝘁𝗮𝗸𝗶𝗻𝗴 𝗧𝗼𝗸𝗲𝗻𝘀 @HatomProtocol will bring to life more derivatives of $EGLD token. Let's discuss them all and find out what's their role. https://preview.redd.it/br03o6eor55b1.png?width=1200&format=png&auto=webp&s=902e247955b8edf65e21630886dd967b072b6727 ➡ $𝘀𝗘𝗚𝗟𝗗 It's a reward-bearing version of $EGLD that is received when staking tokens into the liquid staking module. The value of $sEGLD accrues interest following the liquid staking APY, which means that $sEGLD equals $EGLD plus the staking rewards accumulated. In a concept akin to HTokens, the quantity of $sEGLD in the wallet won't increase. However, the exchange rate will progressively rise in line with the liquid staking rewards that the position accumulates over time. ➡ $𝗛𝘀𝗘𝗚𝗟𝗗 This is the token that you will receive when providing $sEGLD to the lending protocol. This reward-bearing version of $EGLD will not only receive the staking rewards but also the rewards from the lending protocol. If you are looking to increase the rewards even further, $HsEGLD can be activated as collateral and earn additional rewards. Must be noted that once it's activated as collateral, it will be sent from your wallet to @HatomProtocol and you can't use it anymore. ➡ $𝘅𝗘𝗚𝗟𝗗 Well, here is where the fun stuff begins. $xEGLD is a leveraged liquid staking position that can earn up to 3 times more rewards than normal staking. But how is this even possible and what are the risks? Before I even start talking about it, it's mandatory to say that the @HatomProtocol team managed to create quite a unique concept similar to flashloans, called trusted loans. These trusted loans offer the possibility to create or break $xEGLD without relying on a third party. I won't get into the process behind the trusted loans as this probably needs a thread on its own. Let's discover how $xEGLD is actually built to achieve that incredible APY 👇 Everything starts with the user depositing $EGLD to be converted into $xEGLD. The smart contract is calculating the total position that can be built with that amount. It then proceeds to take a trusted loan of X $EGLD and then stake it to receive $sEGLD. The $sEGLD received will then be deposited into the lending protocol, activated as collateral and a loan will be taken against it. The loan will then be used to pay the trusted loan of X $EGLD that was borrowed to build this position. In essence, $xEGLD is a looped version of $sEGLD by depositing $sEGLD, taking a loan of $EGLD, staking it into a staking module, doing this over and over again. It saves a lot of time, fees, and hassle by automating it. All the liquid staking tokens will have their own pools on @ash_swap and can be used in other DeFi strategies to increase the yield. You can also pass the cooldown period by selling your $sEGLD, $HsEGLD, or $xEGLD on DEXes. Here's another way to by-pass the cooldown period : [email protected] https://preview.redd.it/5tkjs6z6u55b1.png?width=521&format=png&auto=webp&s=04dd4e5ae7c31a1d47607ba93ea14c87252515b4 I also talked about liquid staking tokens a few months ago. You can find the in-depth thread about it here: 👇 [email protected] https://preview.redd.it/mwnrsmlpv55b1.png?width=495&format=png&auto=webp&s=71ca71f341e559dd9c4623fc843262abc9096632 As you can clearly see, liquid staking tokens will open a gate to new liquidity. The freedom to use them in other DeFi protocols to earn more yield it's absolutely mind-blowing. Now let's move further and let's talk about Hatom USD. 3️⃣. 𝗛𝗮𝘁𝗼𝗺 𝗨𝗦𝗗 ( $𝗨𝗦𝗛 ) $USH will be the first decentralized over-collateralized stablecoin on #MultiversX. It will be a native token minted directly on the chain with no bridge involved. It can be minted with HTokens through isolated lending pools. https://preview.redd.it/gcqjiy6yv55b1.png?width=1200&format=png&auto=webp&s=a96a59801edb4fff9c4dfc647e4bdf75f6c16532 The amount of $USH that you can mint and take as a borrow depends on the value of the collateral you deposited and its loan-to-value factor. You will still earn interest on the Htokens you provided as collateral as their value accrues over time. What utilities lie behind $USH? 🚀 𝗕𝗼𝗼𝘁𝘀𝘁𝗿𝗮𝗽 𝗟𝗣𝘀 $USH can significantly bootstrap liquidity providers on the #MultiversX ecosystem. 🏁𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗕𝗼𝗿𝗿𝗼𝘄𝗶𝗻𝗴 It adds more competition to the stablecoin borrowing market, potentially leading to better rates and terms for borrowers. 🛡️ 𝗖𝗼𝗹𝗹𝗮𝘁𝗲𝗿𝗮𝗹 $USH can be used as collateral to borrow from the lending protocol, providing additional liquidity while earning interest. 🌾 𝗬𝗶𝗲𝗹𝗱 𝗙𝗮𝗿𝗺𝗶𝗻𝗴 𝗮𝗻𝗱 𝗩𝗮𝘂𝗹𝘁 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 $USH can be shaped into structured products to earn more yields. Lending protocols, farms, and vaults are the go-to places if you want to earn interest using your $USH. $USH it's designed to be a powerful product of @HatomProtocol. It will be minted using HTokens activated as collateral into the lending protocol. $USH will be used in different LPs with the goal to bootstrap the liquidity across the chain. $USH will come with some interesting features such as staking to receive $sUSH that can be used in different DeFi applications. As with trusted loans, this is a subject that requires a thread on its own and I will have them as quickly as possible once the overview is done. As it doesn't rely on any bridges, there are fewer risks associated with it. The interest accrued from $USH minters will be directed to the @HatomProtocol treasury. $USH minted by borrowers will be burned when it's sent back and the loan is paid. 4️⃣. 𝗦𝘆𝗻𝘁𝗵𝗲𝘁𝗶𝗰 𝗧𝗼𝗸𝗲𝗻𝘀 Synthetic tokens are designed to simulate the value of another asset. They maintain a 1:1 peg with their underlying asset, offering a way for that asset to be used on blockchains where it isn't natively supported. Synthetic tokens are designed to simulate the value of another asset. They maintain a 1:1 peg with their underlying asset, offering a way for that asset to be used on blockchains where it isn't natively supported. https://preview.redd.it/jcnpefq7x85b1.png?width=1200&format=png&auto=webp&s=46217ec58527e9da3b2410592b5a59c918322874 Synthetic assets are often created by locking up collateral in a smart contract. Typically, the collateral backing synthetic assets are over-collateralized, meaning its value exceeds that of the synthetic asset. This surplus is essential for maintaining the asset's value. On #MultiversX, synthetic tokens are bridged through AdAstra Portal, designed with security at its forefront. In the future, you will be able to bridge assets such as $ETH, $BTC, $DAI, and many more to #MultiversX, opening the door to other DeFi opportunities. Why would we need synthetic assets? 🌊𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗟𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆 They have the potential to bring greater liquidity to #MultiversX. 💰 𝗟𝗼𝘄𝗲𝗿 𝗙𝗲𝗲𝘀 With very low transaction fees, #MultiversX is the perfect place to use those assets in different strategies. 🛡️ 𝗖𝗼𝗹𝗹𝗮𝘁𝗲𝗿𝗮𝗹 They can be used as collateral to borrow from the lending protocol. This could create some nice opportunities for people bullish on other assets than $EGLD. It's time to conclude the first part of this thread. I'm sure this was helpful in learning the most important modules of the protocol. In part two we will get a glimpse into the tokenomics, team, other features, and the potential future of this project. @HatomProtocol is without any doubt a very complex project and will act as a liquidity hub on #MultiversX. With a sophisticated user interface, yet very simple to use, and the necessary products to gain traction, I'm sure that it will be a great success. And once again, never rely only on the information from this thread. Make sure you do your own research and you know why you are investing in the project. Thanks for reading and stay tuned for part two! Source: [email protected] |
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