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Joined March 2022
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Friday Development Update 🔧 New Developer Onboarding: Madjd spent the beginning of the week onboarding and aligning on the codebase. After this, he began with core contributions. ▫️Optimized imports and environment variables. ▫️Added the Joi package for environment variable
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Friday Development Update 🔧 This week’s focus has been on improving flexibility, performance, and forecasting across the Surge backend and strategy engine. After several months of searching, we are pleased to share that a new backend developer will be joining the team full
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Currencies, Markets, and the Engine of Cardano Activity The strength of any currency lies in its usage. Fungibility, the ability for one unit to hold identical value everywhere, depends on assets being continuously bought and sold for that currency. Without active use, even the
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The Surge token represents the core ideas of decentralization. Here’s what it accomplishes: ▫️Decentralizes project success through revenue sharing in ADA ▫️Decentralizes major decision-making through governance rights ▫️Decentralizes product access by rewarding higher token
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Total 24-hour DEX volume across crypto: nearly $24 billion. Cardano: $2.9 million. That is roughly 0.01% of all on-chain DEX volume in the industry. This is surprising, considering Cardano is built on one of the most advanced blockchain architectures in existence: ▫️ Native
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One of our main goals is to help more Cardano native assets secure listings on major exchanges 🤝 Here is what we are focused on achieving for projects across the ecosystem: ▫️ Higher trading activity, both daily and sustained ▫️ Strong volume-to-market cap ratios ▫️ Growth in
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We’re excited to announce that BananaClip is officially live! 🔥 Play games and win real cash instantly. 👉 https://t.co/cQJhhxNWag
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Cardano native assets represent a combined market cap of 1.5 billion ADA, yet daily DEX volume is only 4 million ADA. This equates to a daily turnover rate below 0.3%. For comparison, Solana’s native assets exceed a 4% daily turnover rate. If Cardano native assets matched
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The second Surge governance event has concluded with over 100 participants 🔥 The community voted overwhelmingly in favor, with 87% approving the allocation of 100k ADA worth of SURGE from the DAO treasury to the strategy fund. This marks a strong moment of community alignment
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We’re excited to announce that the all new BananaClip platform is launching this coming Monday 🔥🔥 BananaClip has evolved massively over the past year. New features include: - Accessibility with over 10 top cryptocurrencies - Instant payouts - Fiat support - 6 brand new in
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The first Surge governance event has concluded with nearly 200 participants 🔥 The 50k ADA buyback budget will be allocated to strategy operations, bringing the total strategy fund to 100k ADA 🗳️ These funds will be deployed into high-turnover strategies on the SURGE/ADA pair
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Our first governance vote is now live in Discord 🔥 The community is choosing how the 50k ADA buyback allocation will be used. Depending on the outcome, 100k ADA will be deployed to SURGE/ADA strategies for high-volume testing ahead of mainnet launch. There are over 160 votes
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Recent Cardano projects have set a new standard. True decentralized ownership and shared success are becoming a reality. We are proud to contribute to this new era of public-first tokenomics. ▫️Already 79% of $SURGE is in circulation, all in the hands of the public. ▫️There
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Surge is now listed on Surf 🔥🔥
New listing: SURGE 💵 Users can put up $SURGE as collateral to borrow ADA Link: 🏄♂️ https://t.co/zZk3lITK7q
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Surge fundamentals 👇 Surge is an app that makes trades on Cardano for you. It has access to oracles across the ecosystem. It makes profitable trades based off of what is occurring in the market. Example: ▫️Someone buys 50k of USDM Minswap ▫️The price of USDM on Minswap rises
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We are excited to announce that Final testing for the platform will start next week🔥 🟡 Instant Payouts 🟡 Tournament Mode 🟡 46+ Fiat currencies 🟡 500+ Crypto Currencies and much more...
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The Surge Vision 👇 Almost all trading in both traditional finance and crypto is done by computers. Algorithmic trading is simply letting a computer trade on your behalf, and it drives the majority of global market volume. In tradfi, banks dominate because they control the
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2 Million ADA trading volume in less than a day 🔥 Total pool fees just 1000 ADA 🫡
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