🚜Cookie🚜
@NFTCookieC
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Financial Advisor by day, crypto degen by night. Nothing on my page represents Financial Advice or an endorsement of a particular project. https://t.co/eO8IUupdH8
Joined January 2022
Started writing a reply to this but felt it was a good opportunity to write some on topic content on arbitrage and AMM's, so see below! The pools don't sell or buy any assets to rebalance. That's just not how the AMM works. Each AMM pool is a closed system, governed overall by
@NFTCookieC Yes, the sell has price impact, sends DROP for example down, then the pools in order to rebalance will sell some, fuzzy, phnix, army, and buy drop which pushes drop back up effectively absorbing the sell pressure. "arbed for a loss of XRP" who is losing the xrp? the people
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UPDATE: Canary XRP ETF $XRPC is smashing it out of the gate
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👀
mXRP, powered by Midas and @axelar, is live on @BNBCHAIN. Now available as collateral on the leading lending protocol @lista_dao with liquidity available from @hyperithm vault.
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It's time for Kabiplaza #141 today- And it's going to be a big one! 🔥 🎙️ We'll have some XRP friends over today for those who are interested in exploring the XRPL ecosystem 🤝 🎙️ @legends_of_past is joining the conversation👀 🎙️ Forever Mint Alpha ✨ 🎙️ @thehbarbull News
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AERODROME AND VELODROME TO MERGE INTO ONE PROTOCOL, "AERO" AND LAUNCH ON ETHEREUM AND CIRCLE'S ARC - AERODROME HOLDERS TO GET 94.5% OF THE NEW TOKEN WITH VELODROME HOLDERS GETTING 5.5%: DROMOS CONFERENCE
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Over the course of last week, @MidasRWA processed $400 million in redemptions as the market experienced liquidity constraints. Our infrastructure is operating as designed, even in times of market stress. The events of last week highlight the critical distinction between a
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JUST IN: BoE release proposed regulatory regime for sterling-denominated systemic stablecoins
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🚨*Breaking News*🚨 Bank of England are doing their job! https://t.co/tWcpd5b8QB (I hear that the first part boosts engagement 🤣) Unlike @coinbureau and @WatcherGuru lets actually put some substance to a story rather than spreading misinformation for clicks. Here is the
bankofengland.co.uk
The Bank of England (the Bank) has today published a consultation paper (CP) setting out its proposed regulatory regime for sterling-denominated systemic stablecoins.
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For those in the back!
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