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Gensler envisions S-1s to be approved “over the course of this summer”.
AO Tokenomics Details
• Fair launch token modeled after Bitcoin with a total supply of 21 million.
• Token minting started from February 27, 2024, and occurs every 5 minutes.
• 36% of all AO tokens minted go to Arweave token holders; 64% for bridged assets (stETH now, staked SOL later)
• 1M AO minted for AR token holders; applied retroactively from the launch of the AO testnet on February 27th 2024 at 12:00AM UTC.
• AO tokens become transferable around February 8, 2025, once ~15% of the supply has been minted.
Bridged Assets
• Pre-bridge phase allows earning AO tokens via stETH deposits on Ethereum mainnet.
• Once phase 2 bridges are live, you will be able to deposit assets in the new bridge contracts on AO – while accruing rewards.
• Tokens can be withdrawn from the pre-bridge at any time.
• Bridging rewards start at 11:00 AM EDT June 18, 2024.
• Rewards are distributed once every 24 hours.
AO Claims
• If you have been self-custodying your $AR tokens, you can easily check your balance by visiting ao.arweave.dev.
• CEXs are currently looking into if and how to pass through $AO to their users.
Full article — Link
Live stream — Link
• Fair launch token modeled after Bitcoin with a total supply of 21 million.
• Token minting started from February 27, 2024, and occurs every 5 minutes.
• 36% of all AO tokens minted go to Arweave token holders; 64% for bridged assets (stETH now, staked SOL later)
• 1M AO minted for AR token holders; applied retroactively from the launch of the AO testnet on February 27th 2024 at 12:00AM UTC.
• AO tokens become transferable around February 8, 2025, once ~15% of the supply has been minted.
Bridged Assets
• Pre-bridge phase allows earning AO tokens via stETH deposits on Ethereum mainnet.
• Once phase 2 bridges are live, you will be able to deposit assets in the new bridge contracts on AO – while accruing rewards.
• Tokens can be withdrawn from the pre-bridge at any time.
• Bridging rewards start at 11:00 AM EDT June 18, 2024.
• Rewards are distributed once every 24 hours.
AO Claims
• If you have been self-custodying your $AR tokens, you can easily check your balance by visiting ao.arweave.dev.
• CEXs are currently looking into if and how to pass through $AO to their users.
Full article — Link
Live stream — Link
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Zapper Protocol announces its token, $ZAP, which will launch in Q4 this year. — Link
Sophon farming begins on 18 June 18:00 UTC. $BEAM will be the initial asset used to farm $SOPH — Link
https://farm.sophon.xyz
https://farm.sophon.xyz
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Trump: “I will end Joe Biden’s War on Crypto, and crypto and Bitcoin will be made here in the USA”
📹: AlexanderGrieve
📹: AlexanderGrieve
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Forwarded from CT Live Feed (Automated)
S-1 Expected To Be Approved By July 2nd According To BBG Analyst Eric Balchunas: Tweet
via: News_Of_Alpha
via: News_Of_Alpha
Forwarded from Market Metrics
✨ Daily dose of top signals
🟢 App rankings (iOS)
Coinbase #293: ⬇-4%
Coinbase Wallet #66 (finance): ⬇-6%
Phantom #74 (utilities): ⬇-6%
Binance #406 (uk): ⬆
🔴 Bitcoin ETF flows ...
-$189.9m: ⬆16%
🟡 Stablecoins market cap ...
$162.08b: ⬆0.04%
🟡 Pi Cycle Top Indicator ...
-0.3599 (heating up): 0%
🟡 Fear and greed index ...
74 (greed): 0%
🟡 MVRV Z-Score ...
2.14 (mid-range): 0%
🟢 App rankings (iOS)
Coinbase #293: ⬇-4%
Coinbase Wallet #66 (finance): ⬇-6%
Phantom #74 (utilities): ⬇-6%
Binance #406 (uk): ⬆
🔴 Bitcoin ETF flows ...
-$189.9m: ⬆16%
🟡 Stablecoins market cap ...
$162.08b: ⬆0.04%
🟡 Pi Cycle Top Indicator ...
-0.3599 (heating up): 0%
🟡 Fear and greed index ...
74 (greed): 0%
🟡 MVRV Z-Score ...
2.14 (mid-range): 0%
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Tether announces $aUSD₮, a “tethered asset”to USD, backed by Tether Gold — Link
*note that Tether has avoided using the term “stablecoin” 🤔
*note that Tether has avoided using the term “stablecoin” 🤔
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