ALTS showing strength | Opportunities on RHC | Spotting trends early
Today on MCG (times in est)
- 12:30PM w/ @tzv and @0xWasa from @RiskFDN
- 1:00PM w/ @ember_arlynx Founder @DreggNet
Follow us: fomo.family/r/DineroDom0
🔴 LIVE: BTC cools while Alts show strength | RHC recovery? | Market update + Interviews nitter.net/i/broadcasts/1YxNrbqNW…
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RiskLabs has just completed its second flywheel operation, burning 175 ELA.
Link: etherscan.io/tx/0x767be48061…
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Base is for leverage.
ELA is now live on Base.
Same launchpad, third network. Create a pair in one transaction, pick 2x or 3x, raise on a bonding curve, migrate into a leveraged pair.
Leverage locked at creation, loop on Aave, no margin to post.
ela.rip
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flywheeeeeeel
ELA: the flywheel update.
Starting now, the protocol lane of every pair fee has one use: buying ELA on its own pool and burning it. One contract on Ethereum, no owner, no setting, no way out but the burn.
Anyone can call drop(): 10 to 40% of the pot, never more than 0.5% of the pair's ETH reserve, burned in the same transaction, the next drop 50 to 300 blocks later. The size is capped, not secret.
Every network ELA supports from here on ships with the burner built in.
The pot fills as pairs trade. Watch it on ela.rip.
Docs: ela.rip/docs, section 07
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Stocks Leverage Assets
Stocks on the launchpad. With leveraged. Robinhood Chain.
A pair can now be quoted in a tokenized stock instead of ETH: AAPL, SPY, NVDA, TSLA. The token tracks the stock up to 2x, set by the market it borrows from.
Time to be creative.
ela.rip
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LoopLoop
ELA UI minor update.
Less guessing on every page: explorer states, one migration block, a real vault panel, deployers can link their socials and logos, LoopLoop limits with a reason line, exits that explain themselves.
Before → now, in the video.
ela.rip
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