WOW, Coinbase celebrates BTC on BASE with an NFT

WOW, Coinbase celebrates BTC on BASE with an NFT

https://wallet.coinbase.com/nft/mint/cbbtc

Flash Trade is GMX in the Solana world, and that's just awesome

So, Flash Trade provides the same opportunity, which greatly solves the liquidity problem and attracts both traders and liquidity providers.

The analog of the GLP token (an index of several coins) is FLP (EARN tab). Earnings (70% goes to FLP token holders) come from fees and liquidations. If traders lose, you get payouts; if they win, you pay them.

FLP1 - index of usdc/sol/btc/eth (the most stable pool, currently no possibility to add bitcoin)

The yield for this first pool is currently 51% annually.

FLP2 - consists only of usdc

FLP3 - index of usdc/jup/pyth/jto/w (index for those who believe in the alt season)

FLP4 - meme pool of bonk/usdc

There aren't many participants in the project, somewhere around 14k wallets (which is few!). And the platform itself is already giving quite good profit to the project.

🔗 Link to Flash Trade, with it you get a 5% discount on fees - https://beast.flash.trade/?referral=Beast_1854

I've been feeling bored without a good PERP DEX—extremely bored.

Recently, I started trading on Flash Trade, a PERP DEX on Solana.

🔗  https://beast.flash.trade?referral=Beast_1854

Here are my initial impressions:

👉 The interface is remarkably simple and user-friendly.

👉 Setting up long/short positions and leverage feels familiar, just like on CEX exchanges. It's a pleasant surprise after using Drift and ZETA.

👉 No deposits needed, trade just from your wallet.

👉 You have the flexibility to open positions using the token itself, SOL, BTC, or ETH.

Trading on a Solana PERP DEX has never been this fast.

I believe they will have a token in the future. While there's no clear tokenomics, the documentation mentions that the NFTs they've released—and their rarity—will play a significant role.

They're also backing up their NFT sales. Will write about them in the next posts

By the way, they have an interesting earning opportunity. I will write about it in a separate post.

End of Summer BASE NFT

https://wallet.coinbase.com/nft/mint/eip155:8453:erc721:0xDFf7F56115568bcdd0E1F9DFdb73dD14EC83F6f7

the @zora app combines:

+ a smart wallet
+ minting
+ social network

all into a magical experience that lets you seamlessly post and mint onchain.

When U.S. start cut interest rates, a market crash or correction does not automatically follow...

If we exclude the two crises in 2001 (bursting of the dot-com bubble) and 2007 (financial crisis), the S&P 500 usually performed very well after the first interest rate cut.

The chart shows how the S&P 500 behaved in the 12 months after the US rate cut.

Starknet is planning to launch a staking!

Historically, #Bitcoin has performed poorly in August.

September will also be difficult from a historical perspective. 

Up only from October then? 🤔

Micahel Crypto

@michaelcrypto101