Cindy (@eth000x) • Hey
Cindy (@eth000x) • Hey
Publications
- Harry did not answer immediately. He looked into her intense, eager face and
- Tether Blacklists MEV Bots Exploiter ‘Sandwich the Ripper’ After ‘Official Requests’
The exploiter has since moved their USDC to a different wallet
[Tether Blacklists MEV Bots Exploiter 'Sandwich the Ripper' After 'Official Requests'](https://blockworks.co/news/tether-blacklists-mev-bots-exploiter)
Tether has blacklisted an Ethereum validator who had front-run MEV bots, earning $25 million via a sandwich attack.
- “My mother was friendly with old Bathilda Bagshot,” said Auntie Muriel happily.
- “True,” said Ron, looking around, “but don’t you feel a bit – exposed?”
- just seen.
- Dame Dame #Lenstube
https://lenstube.xyz/watch/0xf1b1-0x082e
- Video by @williambailey.lens by @williambailey.lens #Lenstube
https://lenstube.xyz/watch/0x011ab3-0x1e-DA-b491c3f2
- “I’ll distract them all,” she said. “Use your cloak.”
- “No kidding,” muttered Ron, as the passage began to slope upward.
- Binance Extends 41% Referral Commission Benefits to Binance Feed Creators
https://www.binance.com/en/support/announcement/cd174c1a9a84442b9833e23d5535b8b1
[Binance Extends 41% Referral Commission Benefits to Binance Feed Creators | Binance Support](https://www.binance.com/en/support/announcement/binance-extends-41-referral-commission-benefits-to-binance-feed-creators-cd174c1a9a84442b9833e23d5535b8b1)
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Effective from 2023-04-11 00:00 (UTC) , all Binance Feed Creators wil...
- at Hogwarts: Lace draperies, doilies and dried flowers covered every surface. The walls
- Motion is life; stillness death. Adventure awakens the soul. Never stop exploring, evolving, risking. Growth springs eternal.
#Live&life
- 世界上存在很多“不可能三角” 区块链不可能三角：去中心化、安全性、可扩展性 医疗不可能三角：质优、价廉、高效 教育不可能三角：低成本、高质量、高普及率 投资不可能三角：高收益、低风险、高流动性
- now,” she said in a voice that burst with triumph, “we call the Dark Lord!”
- https://medium.com/@akabane.kurodo786/tutorial-how-to-install-a-node-on-starknet-with-docker-in-10-minutes-52eea80379af
[Tutorial — How to install a node on Starknet with Docker in 10 minutes](https://medium.com/@akabane.kurodo786/tutorial-how-to-install-a-node-on-starknet-with-docker-in-10-minutes-52eea80379af)
We are going to attack again the node on starknet because my old tutorial has become obsolete. We don’t have any info on the rewards yet…
- way wizards have never –”
- Spinning up another boutique alt
Will move more controversial crypto takes to 0xYabai - will also focus more on pure shitposting
There are no rules on 0xYabai - will be challenging, inappropriately aggressive, weird, awkward and intensely anti-woke
Will take it private soonish https://t.co/dDLIMdgd8X
- None of you have ever seen such a thing. The possessor would be immeasurably rich,
would he not?
- “I didn’t kill you,” he said, once it had unrolled, then held his breath as the dusty
- moment his ears were assaulted with the screeches and cries, the
- Harry dashed across the cellar to where Griphook was huddled on the floor.
- seem to marshal his ideas. He slowed down, coming to a halt halfway along a passage,
- Iphone Cover
- So we are getting close to $SUI
Who eligible 👀👀(I am)
- then rapped three times on the thick black door, which was studded with iron nails and
- 扫描二维码
- you can see you—”
- Which photo do you think artificial intelligence made?
- never known he possessed, and never for an instant could he have dreamed that he would
- In the vast ocean of DeFi, stablecoins play a critical role in providing **stability** and **predictability** amidst the turbulent waves of volatility.
Among these stablecoins, Raft's R stablecoin has emerged as a reliable anchor for users navigating the DeFi space.
Let's explore how R maintains its peg and how these mechanisms set it apart from other **stablecoin peg mechanisms**.
## The Importance of Maintaining the Peg
We all remember all too well what happens when a stablecoin loses its peg.
<https://twitter.com/Blockanalia/status/1634580871117172736>
A stablecoin's ability to **maintain its peg** to a specific value (in the case of R, 1 USD) is essential for ensuring user confidence and facilitating seamless transactions.
A stable peg provides the following benefits for stablecoin holders:
1. Easiness of use as a **medium of exchange**
2. **Reduced risk** of being liquidated
3. Easiness of use as a **unit of account** in DeFi
Let’s explore how R keeps its value pegged to the US dollar.
## How Raft Maintains its 1 R: 1 USD Peg
Raft protocol employs several code constraints and tactics to ensure R maintains its 1 USD peg.
We have devised a **combined hard peg and soft peg** dual system to ensure 1 R remains equal to 1 USD.
These mechanisms work in tandem to create a robust system that helps maintain the R token's value and prevent it from deviating too far from the intended peg.
### Hard Peg
The hard peg is achieved through two different and complementary mechanisms:
* **Overcollateralization:** users need to provide at least null.10 worth of wstETH to mint one R token. This results in the price being capped at null.10, which acts as an upper barrier.
When the price of R rises over null.10 per R, users have the option to make a deposit of wstETH worth null.10, mint 1 R, and then sell it on the open market for more than null.10 to lock in a profit without taking any risk.
The buying pressure exerted by arbitrageurs contributes to increasing the R price up to parity with the US dollar.
* **Redemptions:** the redemption procedure establishes a lower boundary for the R price, given that market players are presented with arbitrage possibilities anytime the price of R drops below null.
In that situation, arbitrageurs can buy R on the open market for less than $ 1 and redeem it for null worth of wstETH. When an R token is redeemed by a user, that user's tokens are "burned" via a smart contract.
This decreases the amount of R that is currently in circulation, which causes its price to increase.
### Soft Peg
The notion of a "soft peg", as opposed to a "hard peg", depends on the capability of a stablecoin design to **motivate users to behave** based on the assumption that the peg will be maintained in the future. This is in contrast to the "hard peg" concept.
For example:
> When R trades for **more than null**, there is no reason for current borrowers to pay back their debts. On the other hand, people who want to use R could benefit by borrowing it and then selling it on the open market.
>
> When R trades for **less than null**, the opposite happens: borrowers are more likely to pay back their debts, and people who want to buy R buy it on the open market and redeem it.
>
> Knowing how an economic system is supposed to work ahead of time provides a self-fulfilling process that makes it easier to trust that the system will work as planned in the future.
>
> The soft peg mechanism also underlines that deviations from the parity are **temporary**, which makes market players who want to gain from them compete with each other. In turn, this would make these deviations last shorter.
## R Advantages vs Other Stablecoins
While other stablecoins use mechanisms such as algorithmic supply adjustments or centralized reserves to maintain their peg, Raft's approach to R offers several advantages:
* **Decentralization:** R relies on overcollateralization and redistribution, minimizing reliance on centralized entities or governance intervention.
* **Trustlessness:** R's peg mechanisms are transparent and operate autonomously through smart contracts.
* **Resilience:** Raft's liquidation and redistribution mechanisms work together to protect the system from severe market fluctuations and potential black swan events.
Another element that makes R one of the most flexible decentralized stablecoins on the market is the redemption mechanism.
Stablecoins that don’t allow for direct redemption employ two main mechanisms:
* **Peg Stability Module (PSM):** stablecoins like DAI allow market participants to mint one DAI by depositing another stablecoin and vice versa. However, the MakerDAO PSM includes centralized stablecoins like USDC.
Since such assets are vulnerable to off-chain events such as regulatory enforcement, the PSM could end up having assets whose market value could permanently deviate from DAI’s PSM, resulting in potential bad debt for MakerDAO.
* **DEX liquidity:** stablecoins like MIM don’t allow for redempt
- Cryptocurrencies: A New Era of Digital Money
Cryptocurrencies have been making waves in the financial world over the past few years. They are digital or virtual currencies that use cryptography for security, making them difficult to counterfeit or double-spend. Bitcoin, the first and most well-known cryptocurrency, was created in 2009 by an unknown person or group using the name Satoshi Nakamoto.
- Daily Inspiration 🌿🌿🌿 Your mouth might be the problem
- RT @trondaoCN: 😎波场 #TRON 创始人孙宇晨亮相火必之夜！#HuobiNight #HongKong https://t.co/ZS8LpmmFIo
- Buy buy buy
- Do Earth-like exoplanets have magnetic fields? Far-off radio signal is promising sign
https://www.sciencedaily.com/releases/2023/04/230404133318.htm
- “You will have to give Voldemort the correct date of Harry’s departure from his
- but those who had been on top of the tower when Dumbledore died knew who had really
- Welcomed to Lens @jords.lens, here’s some info to get you started! These are popular websites/apps in the ecosystem:
lensport.io is a full Lens social website + a marketplace for Post NFTs!
orb.ac + phaver.com + buttrfly.app are three Lens mobile apps!
lenster.xyz is a full Lens social website!
memester.xyz is a full Lens NFT meme platform where you can create memes and participate in meme competitions!
lenstube.xyz is a Lens version of YouTube!
lensvert.xyz lets you convert Lens links between different apps!
For more apps visit: lens.xyz/apps
—— What makes Lens special? ——
1. It’s decentralized and composable.
All Lens data is stored on the Polygon blockchain. This means that no company has control of your data, only you do! No one can delete your profile, posts, or followers
Composable means that all of your data (followers, posts, etc) appear on every Lens website/app… it’s all shared!
If you switch to a new Lens website, your data is already there!
2. Posts can be collected
Every post can be “collected” a set number of times for a price set by its creator. When a post is collected, a “collect” is created. This is a copy of a post. Each post can have a limited amount of collects
Collects can be collected on most Lens platforms and can be bought, sold, and traded on LensPort
Collects function as the economy of Lens! They are a novel new mechanism for creators to earn and for collectors to feel social ownership
Try collecting your first post for free! lensport.io/p/1_1
More resources: lens.xyz
- فردی از کشاورزی پرسید: آیا گندم کاشتهای؟ کشاورز جواب داد: نه، ترسیدم باران نبارد. مرد پرسید: پس ذرت کاشتهای؟ کشاورز گفت: نه، ترسیدم ذرتها را آفت بزند. مرد پرسید: پس چه چیزی کاشتهای؟! کشاورز گفت: هیچچيز، خیالم راحت است!
همیشه بازندهترین افراد در زندگی، کسانی هستند که از ترس هرگز به هیچ کاری دست نمیزنند.
- @suiswap_app｜#SUI ｜Join Suiswap Crew3 (crew3.xyz/c/suiswap-app) to earn XP and Suiswap Points in exchange for airdrop!
Click the link 👇
https://zealy.io/c/suiswap-app/invite/Ipkees1iP5hWiqZ1_9uES
[Zealy - Join the movement](https://zealy.io/)
A simple, fun & creative way to join trendy communities, make an impact and earn rewards.
- DSM SNKRZ Skin Event Join the New Gleam Event! Top 1: DSM Skin & 100 $FIT Top 2: DSM Skin & 50 $FIT Random 10: DSM Skin Random 50: 10 $FIT A person who has won 1st place once cannot win again for one month. #Airdrop #SNKRZ
- HS
- https://www.youtube.com/watch?v=w6JXZ3GzSCQ
- 'Jeopardy!' fans slam 'painful' episode after contestants failed to answer challenging clues https://t.co/kMThQd9BTN
- Btc
- “I’m fine. Thanks, Neville.”
- “Moved them to Muriel’s. The Death Eaters know Ron’s with you now, they’re bound to
- an effort to control them, although no one could see him; the portraits on the walls were
- tolerant and sometimes Confunded Muggles. Most celebrated of these half-magical
- “There isn’t any chance someone’s destroyed it since Kreacher had it?” asked