Dracula Presley🦇
@DraculaPresley
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Head Of Ecosystem @Soniclabs 👨🍳💥 GMSONIC TUES/FRI on @SonicEcosystem
THE TRENCHES
Joined October 2021
I was recently bombarded in a GC when I mentioned that I didn’t think the “real bull run” had started. While I think the overall market has been “bullish” there are reasons we have not seen or are even near euphoria/froth and I think this take sums it up well. See #3.
"Is The Cycle Over?!?" (my thoughts on ze macro) ... I actually think if we look at the whole situation rationally, the current market conditions make perfect sense. One: Gold is going up like crazy, far surpassing both stonks and crypto. This is because the major
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Liquidity providers take a big hit during events like last week's market crash compared to spot holders. The @ShadowOnSonic dynamic fee system made sure LPers ate and were rewarded for their risk while Sonic network didn't miss a beat in operability during the high volatility.
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The GMSONIC Buyers Club hit 300 members. Now accepting new quants and perpetually inconvenienced souls. https://t.co/JAd9ezTYWN
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Do we know if anyone has tried doing the Haka yet to stop the liquidations?
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Last night’s market cascade was another reminder of how fast things can move in crypto when leverage unwinds against a backdrop of global uncertainty. These moments test conviction and show why strong foundations matter. $S, like much of the market, saw sharp volatility, but
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Peace be upon you in these trying times, fellow $S and other alt holders.
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@KaitoAI Just a reminder, the Oct 1 month dash is currently active.
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Claims are live at the @KaitoAI airdrops tab. To check/search rankings you can view here. https://t.co/cVGIi5FFP6
docs.google.com
The @SonicLabs Round 1 rewards claim is now live on our Airdrops tab for those eligible! 2,500,000 $S to their top global, KR & CN creators - with a snapshot of 00:00 UTC on September 18th. More details of the campaign, eligibility and rewards in Sonic's blog below 👇
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You would think someone was describing a sci-fi novel if they told you 10 years ago there would be a market bubble revolving around currency debasement and AI.
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We will be streaming a coveted GNSONIC this evening 10pm EST to save the trenches. See you then.
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Doomers obsessed with calling the top. Couldn’t be me.
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