OTC market for Variational and Extended points. Admins: @rijk__, @sigmasquared_, @pasta_capital and @0xbobdbldr.
Join the telegram here👉
- Tweets 190
- Following 7
- Followers 3,169
- Likes 1,805
Polymarket showing 66% odds that @variational_io trades above a $1B FDV one day after launch
Meanwhile, OTC bids for Variational points are filling at $20/pt, implying roughly $600M-$800M FDV
We have both buyers and sellers lined up, so If you want to trade your points, DM us
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Another Deal completed by the same clients
4600 pts at $20/pts totalling $92k
And now we have another $100k bid at $20/pt
If you're a serious seller contact us
Today we completed our first major variational pts OTC trade
5k pts at $20/pt totalling $100K
This a new custom multisig based on the buyer request (redacted for privacy reasons)
It's a 3/4 multisig:
Signers: Two POTC memebers, plus one each from the buyer and seller
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Today we completed our first major variational pts OTC trade
5k pts at $20/pt totalling $100K
This a new custom multisig based on the buyer request (redacted for privacy reasons)
It's a 3/4 multisig:
Signers: Two POTC memebers, plus one each from the buyer and seller
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Only available at @PointsOTC!
looking to buy 6fig @variational_io points
dm me if you're selling with size
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Everyone will buy Variational points at the price they deserve
Get your points here👉t.me/PointsOTC
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The winner of the 100 variational points giveaway is…
@veryoldmilk_X, Congrats! Please dm us so we can sort things out!
To the other participants, thanks for participating💚
To kick off Variational OTC points trading, PointsOTC is giving away 100 vari points to reward the community.
What to do? Interact with X and Telegram
A random winner will be selected in 48h.
Our 100 Lighter points giveaway ended up being worth well over $5000.
Good Luck!
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To kick off Variational OTC points trading, PointsOTC is giving away 100 vari points to reward the community.
What to do? Interact with X and Telegram
A random winner will be selected in 48h.
Our 100 Lighter points giveaway ended up being worth well over $5000.
Good Luck!
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Introducing the POTC Telegram bot ⚖️
Place bids or asks, set your own price and size, check the live orderbook, and fill open orders in just a few taps.
Live now for @extendedapp and @variational_io!
Try it here👉 t.me/POTCtradebot
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First of all, Happy NY and $LIT TGE!
At @LighterOTC we have successfully completed every deal, many thanks to the cooperative buyers and sellers. The giveaway of 100 points has also been distributed.
We wish to see everyone at our next OTC desk, thanks!
Onwards and Upwards
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POTC retweeted
The fees generated and protocol buybacks can be tracked with the treasury account in the block explorer, see link in thread
Revenues from our core DEX product as well as future products and services can be tracked in real-time on chain and will be allocated between growth and buybacks depending on market conditions. We are long term builders and the goal is to maximize the long-term value created.
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POTC retweeted
join the LIT train
all crypto projects issue their tokens via "Foundations" in offshores like Cayman or Panama. This divides the team "labs" and the token issuer "foundation", so the team would not be legally responsible for the token
Lighter issued $LIT directly from the C-Corp in US, so the team are regulatory aligned + are legally responsible for the token
BULLISH
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POTC retweeted
Whales $LIT premarket processed over $1.4M in volume, and their users are now stuck because they chose to settle through a smart contract
I remember arguing that handling these settlements manually is better than relying on smart contracts, especially when things can get complicated and there’s only a 24 hr window after TGE to complete settlements
We settled everything manually within 12 hours, and our biggest hurdle was waiting for our users to wake up
🚨 $LIT Settlement Update
After 48 hours of monitoring, $LIT is still not available for withdrawal on Ethereum. This prevents the settlement process from proceeding as normal.
This delay is related to the current status on Lighter’s side, and unfortunately it’s not something we’re able to influence directly. We appreciate your patience while this has been ongoing.
Therefore, the $LIT pre-market will be cancelled in accordance with our settlement rules. You can review them here:
docs.whales.market/pre-marke…
Collateral refunds will be processed within 24 hours.
Thank you.
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Happy $LIT TGE!
Every buyer and seller that used LighterOTC, please stay in touch!
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As we are approaching $LIT TGE day, if you bought or sold points via our OTC desk, please check your TG inbox.
There you will find everything you need to do before and during TGE.
We are preparing to ensure a smooth and safe TGE settlement and we need your collaboration to do so
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