Since everyone busy talking about kaito and infoFI is back.. i thought to share this useful information... A year back... I earned my spot on wallchain genesis NFT collection.... I worked hard with AI Slopes to secure the NFT mint. (btw wallchain X account is suspended again, I miss Nikita here) I minted it for 3 SOL when sol was around $150+ Now its worth 0.17 $SOL floor price and SOL price is $104. What a massive return on the investment 😅 infoFi is back... lmao
Perpl just announced the final mPoints allocation. A total of $179,000 worth of mPoints remain unused in the pool. $150K will go toward 3 more weeks of trading rewards ($50K per week), same old rules applicable for the points. Another $29K will be used for a final tournament(rules, eligibility, and leaderboard details will be shared separately) $MON rewards will be distributed within a week after the mPoints campaign ends. @perpltrade stated they are working on something big towards making Perpl a backend of the all the DeFI on Monad. and you know what..? its fkin bullish.
Do not interact with any links or websites claiming to offer $MON airdrop eligibility checker or token claims. These are scams created by fraudsters to drain your wallet. Simply visiting or interacting with malicious websites can expose you to malware, malicious browser extensions, or hidden scripts that may compromise your wallet and steal your assets. Stay safe. Never connect your wallet to suspicious sites or install anything they ask you to... Just block and report them on X. BTW: there is no Monad session 2 airdrop information as of now.
Caught up with an old friend after a long time and somehow we ended up talking about crypto.. He's been trading stocks and options for years, so I started explaining Web3, perps, leverage and all the crazy stuff that happens here, specially how you can make/loose 100x in few minutes to hours... He got interested and decided to try it himself, and asked me to onboard him. I arranged him with some $$ and also introduced couple of perp dex's from where he can get started along with the trading process, margins, fund transfer, security and wallet stuffs. I explained him about the risk side, liquidation and intructed him to only start with low leverage and get used to how crypto perps work first. He said, bro, I'm 100% confident in my strategy, i can predict the movement seeing the candles... I said okay fine, your call... he opened a max leverage trade on zcash:native. For the first few minutes.... everything looked great.. his PnL went green and at one point he was up around $2K. Then he told me ZEC was going to hit a certain level, he can see on the chart. I said... be careful bro, everthing here depends on the BTC movement + news. A few minutes later, the market did what it does best. His position got hit out with a SL close to liquidation The good thing, he set SL at first place after opening the trade, he didn't revenge trade, I realized he is pro stock options trader. I got a call from him this morning. He opened another ZEC trade, but this time he had actually studied the token, looked at the last couple of months of price action and planned the trade properly. He's will slowly recovering the losses, I trust on his ability and I am sure he will start making profits soon but still confidence without studying and risk management is crazy.
I know some of you want to launch a meme but you are afraid to expose your identity. No worries, @naddotfun just launched anonymous token launches on Monad. How it works: - Connect your X - Hide your X username - Your follower count is still visible - The best thing: People can also see who follows you Imagine you being followed by the big accounts or influencers and you are launching a token on nadfun, how big it could be. Your identity stays hidden, but your reputation is still there. Reputation without the name.
Found an interesting project @standard_rsv. The Standard Reserve is kind of a central bank that lives entirely on-chain. One currency. One market. One signal. One authority. Absolutely no board, no committee, no governance votes. 4,000 lines of code that read a single number and decide how much money exists. 🧵👇
My quant says every liquidation on a Chainlink SVR-secured Monad market now clears through an on-chain auction. The value that used to leak to liquidation bots is now flowing to shMON stakers. So the question is... Are you a staker on @0xFastLane?
