Official Bitcoin Thread

smedroc said:
Low cap projects in the SOL ecosystem....


$128.5m - $HXRO - working gamified, simplified options - https://hxro.io/

$67m - $COPE - airdrops, community, CT prediction tracker - https://www.unlimitedcope.com/

$34m - $SBR - cross-chain DEX - https://saber.so/

$14.5m - $TULIP - yield aggregator (like YFI) - https://solfarm.io/

$7.8m - $LIQ - liquidation engine - https://liqsolana.com/

$5.1m - $FAB - synthetics - https://fsynth.io/

$2.5m - $FTR - futures, swaps, derivatives - https://future-ftr.io/

$2.5m - $ROPE - volatility index - https://ropesolana.com/

$1.76m - $SOLPAD - https://www.solpad.finance/

$579k - $SAIL - DAO, community - https://www.solanasail.com/


Already in Saber.... that's at x3.

Going to put a rack on each and see what's good.

DYOR of course...
Click to expand...

where can you buy these?
 
townbidness said:
where can you buy these?
Click to expand...
23CF5134-B522-4112-8AFE-628E0C1790AF.png


 
sohi 23 said:
I’m trynna learn about farming and pools and a lot of this **** is over my head :lol: :smh:

Got some raydium and serum to mess around with. Seeing what’s good with Raydium.IO
Click to expand...

I’ve been eating off the RAY-SRM pool all summer. Combined with the Phantom wallet, it’s the least friction I’ve experienced farming, definitely a good starting point.

I’m still convinced Terra one of the best farming opportunities out there. I cash out weekly and swap for LUNA right away.

Still a long runway ahead.

 
amadeusz said:
Anybody in $step here?
Click to expand...
I have a small position. Currently using it to provide liquidity on orca.so
I only use Step's platform for its dashboard function. There's more projects on Solana with more utility as posted above
 
Going to take a day out at one point to research and plan my strat for nodes.
So much good info in the last few pages.

As for Solana coins, the strategy guy posted in the video above is what i've been doing which is getting in early on the good SOL coins. Even if they have bad tokenomics, getting in early can be rewarding.

Solanium is the best launchpad and all their launches have been doing well even if you don't get into the IDO.
I'm just going to follow the future launches on there and try and get in on day one on Raydium then pull out my initial investment after a 2x and rinse and repeat.

As for NFT's, I bought a few more but this time on Polkadot/Kusama. Early NFT's on that chain which might be worth something in future.
Might do one more profile pic NFT drop on SOL then take a break. Looking at Rogue Sharks at the moment but only if they lower their mint price from 5 SOL.
Solbears and Solcats could make a comeback but the way things flipped so bad showed how things can quickly turn.

Need to get a hit a rare trait that I can sell off like this:



 
LS3FD said:
I have a small position. Currently using it to provide liquidity on orca.so
I only use Step's platform for its dashboard function. There's more projects on Solana with more utility as posted above
Click to expand...

Big goals to be Sol’s front page with MM, nft marketplace... plus George seems like he knows what he’s doing. Here’s hoping.
 
Y’all recommend Terra as good noob LP/yield farming platform? I’m afraid of the hacks so want to go with one of the big boys

Sol should’ve put western Union out of business.. Get a low fee fiat on-ramp on mobile—>send sol overseas (user friendly wallet)—>low fee fiat off-ramp

make it cheap and easy
 
pdino said:
Y’all recommend Terra as good noob LP/yield farming platform? I’m afraid of the hacks so want to go with one of the big boys

Sol should’ve put western Union out of business.. Get a low fee fiat on-ramp on mobile—>send sol overseas (user friendly wallet)—>low fee fiat off-ramp

make it cheap and easy
Click to expand...

it’s gonna be a wrap for WU soon enough.
 
www.forbes.com

It’s Time To End The SEC’s ‘Clarity’ Charade On Crypto

Coinbase asked for regulatory guidance; it got a subpoena.
www.forbes.com www.forbes.com
Screenshot_20210912-205234.png




For five years, investors and project developers in the $2 trillion blockchain innovation space have been subjected to an increasingly maddening charade that the U.S. Securities and Exchange Commission (SEC) has called “regulatory clarity”. Years of SEC speeches, public statements, meeting records, correspondence and first-hand accounts from market participants provide anything but clarity for the rules on digital assets or distributed ledger technology (DLT) projects. This is another financial crisis in the making.

SEC Chairman Gary Gensler said at an Aspen Institute appearance this summer that the rules are “awfully clear” on crypto. In a recent interview with Financial Times, he urged developers to “talk to us, come in” because the fate of the industry, like all finance, “is about trust.” Few can see this “clarity”, but its absence is so acute that even the biggest U.S. companies in the blockchain industry can no longer count on the SEC to provide any clear guidance other than through a lawsuit.

Seeking clarity, Coinbase got a slapdown
Last week, the CEO of the crypto exchange Coinbase (Nasdaq: COIN), Brian Armstrong, tweeted an account that is now alarmingly familiar. Other crypto companies have been offering lending products for customers who hold digital assets, and the only publicly listed exchange in the U.S. wanted to do the same. So, Coinbase took Gensler’s advice and “went in”. They approached the SEC for guidance on their product. Armstrong says the SEC responded with subpoenas for records and depositions, demanded a list of all their clients who had expressed interest in the product, and finally issued Coinbase a Wells notice – a warning of impending enforcement action. Armstrong said that by May of this year, the SEC was the only office in Washington refusing to meet with him at all.


Picking Winners and Losers
Coinbase isn’t the first case of the SEC picking winners and losers in the crypto space with its "regulation by enforcement" approach. The breathtaking case of SEC v. Ripple Labs has exposed the incoherence of the SEC’s concept of “clarity”. The agency argues that XRP, the native digital currency used by Ripple and other companies on an open sourced, decentralized ledger, has been an unregistered security since it was introduced in 2013, and the company, its executives and every investor in the market should have known it. The SEC has been forced to admit in court that it never gave fair notice prior to lawsuit to any market participant (and there were many) who sought guidance on XRP that it was a security.
 
^Per Brian Armstrong (CEO of coinbase twitter):
" 1/ Some really sketchy behavior coming out of the SEC recently. Story time…
2. millions of crypto users have been earning yield on their assets over the last few years. It makes sense, if you want to lend out your funds, you can earn a return. Everyone seems happy.
3/ A bunch of great companies in crypto have been offering versions of this for years. Coinbase came out recently and said we would be launching our own version.
4/ We were planning to go live in a few weeks, so we reached out to the SEC to give them a friendly heads up and briefing
5/ They responded by telling us this lend feature is a security. Ok - seems strange, how can lending be a security? So we ask the SEC to help us understand and share their view. We always make an effort to work proactively with regulators, and keep an open mind.
6/ They refuse to tell us why they think it's a security, and instead subpoena a bunch of records from us (we comply), demand testimony from our employees (we comply), and then tell us they will be suing us if we proceed to launch, with zero explanation as to why.
7/ Look….we're committed to following the law. Sometimes the law is unclear. So if the SEC wants to publish guidance, we are also happy to follow that (it's nice if you actually enforce it evenly across the industry equally btw).
8/ But in this case they are refusing to offer any opinion in writing to the industry on what should be allowed and why, and instead are engaging in intimidation tactics behind closed doors. Whatever their theory is here, it feels like a reach/land grab vs other regulators.
9/ Meanwhile, plenty of other crypto companies continue to offer a lend feature, but Coinbase is somehow not allowed to.
10/ Gensler in his confirmation hearing: “It’s important for the SEC to provide guidance and clarity,” Gensler said. “Sometimes that’s a clarity that will be a thumbs up, but even if it’s thumbs down, it’s important to provide that.”
11/ If you don't want this activity, then simply publish your position, in writing, and enforce it evenly across the industry.
12/ Ostensibly the SEC's goal is to protect investors and create fair markets. So who are they protecting here and where is the harm? People seem pretty happy to be earning yield on these various products, across lots of other crypto companies.
13/ Shutting these down would arguably be harming consumers more than protecting them, and by preventing Coinbase from launching the same thing that other companies already have live, they're creating an unfair market.
14/ In May of this year I traveled to DC to meet with every regulator and branch of government I could.
15/ The SEC was the only regulator that refused to meet with me, saying "we're not meeting with any crypto companies". This was right after we became the first crypto company to go public in the U.S.
16/ Gensler had been confirmed just a month prior, so I brushed it off as the SEC still getting its feet under it. Now I'm not so sure.
17/ We've always tried to be good actors in the space - leaning in to sensible regulation even when it is difficult or expensive. We try to think about what products we would want for ourselves, and what risks we would want our families to be aware of, before launching products.
18/ We will keep following this approach.
19/ Yet here, we're being threatened with legal action before a single bit of actual guidance has been given to the industry on these products.
20/ If we end up in court we may finally get the regulatory clarity the SEC refuses to provide. But regulation by litigation should be the last resort for the SEC, not the first.
21/ Our door remains open. Hopefully the SEC steps up to create the clarity this industry deserves, without harming consumers and companies in the process. America could really use us all working together to figure this out right now. "

TLDR: Coinbase been actively trying to follow rules and regulations and get guidance from SEC. SEC giving them the cold shoulder, "lawyer up".

https://twitter.com/brian_armstrong
 
You must log in or register to reply here.

Similar threads

dblplay1212
StockX scamming? How is this legal?
2 3
Replies
51
Views
5K
aepps20
aepps20
R
Entrepreneurs Thread
Replies
7
Views
437
TSCQ
TSCQ
KingdomFlatbush
Renting Vs. Buying
Replies
18
Views
2K
htg designs
htg designs
tr1ll
I propose a new SPOILER rule for media in NT's Terms and Rules.
Replies
22
Views
1K
maldonado
maldonado
frenchbreadbuilds
atmos Will To Close Its US Stores And Website To Focus On Japan/Asia Business
Replies
16
Views
2K
Beruseruku Desu
Beruseruku Desu

Thread Gallery

View Full Gallery

The ultimate sneaker enthusiast community.

NikeTalk was created as a way of giving back to both the sneaker enthusiast community and to the greater global community of which we are all a part.

NikeTalk is NOT affiliated with Nike Inc. in any way, shape, or form. All opinions expressed herein do not necessarily reflect those of Nike, Inc.

© 1999-2024 NikeTalk.com

Share this page

Back
Top Bottom