#nil $NIL @Nillion Covenants got my attention. The idea is simple: an instruction goes onchain, but stays sealed until its condition is met, like a price or time trigger. Until then, nobody can read it.
Dusk is the first release of Covenants, and it's live on Ethereum mainnet. For traders, that could mean a stop-loss that isn't visible in advance. I'm also curious how the 7-phase roadmap plays out after Dusk.
My honest doubts: it's still a new network, and a Covenant can't be cancelled once posted. I want to see real usage before getting too excited.
Shared my $NIL trade below. Not financial advice.
#NIL
Dusk is the first release of Covenants, and it's live on Ethereum mainnet. For traders, that could mean a stop-loss that isn't visible in advance. I'm also curious how the 7-phase roadmap plays out after Dusk.
My honest doubts: it's still a new network, and a Covenant can't be cancelled once posted. I want to see real usage before getting too excited.
Shared my $NIL trade below. Not financial advice.
#NIL