jarnMod
Proud member of KFP, currently serve as the chief of Sticky Note Service. Viva la Kiara. Glory to the KFP. Weeb, Otaku, Gamer, teacher, and investor.
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As a trader, I don't blame anyone else for my lost, and since it's lost anyway, I'll hold on for recovery. I like the idea of the project. Just make it good
1) Sherpas, OMies, and broader crypto community,
First off, the team and I greatly appreciate the support that we have received over the past several hours, which we believe is a testament to the strong support MANTRA has among its investors and community.
We have determined that the OM market movements were triggered by reckless forced closures initiated by centralized exchanges on OM account holders. The timing and depth of the crash suggest that a very sudden closure of account positions was initiated without sufficient warning or notice.
That this happened during low-liquidity hours on a Sunday evening UTC (early morning Asia time) points to a degree of negligence at best, or possibly intentional market positioning taken by centralized exchanges.
Centralized exchange partners play an important role in providing liquidity to projects like ours. We work closely with them, however they continue to exercise enormously high levels of discretion. When discretionary powers are exercised without due internal and external oversight, dislocations like what recently happened can and will occur, hurting both projects and investors alike.
To be clear, this dislocation was not caused by the team, the MANTRA Chain Association, its core advisors, or MANTRA’s investors selling tokens. Tokens remain locked and subject to the published vesting periods. OM’s tokenomics remain intact, as shared last week in our latest token report. Our token wallet addresses are online and visible.
First off, the team and I greatly appreciate the support that we have received over the past several hours, which we believe is a testament to the strong support MANTRA has among its investors and community.
We have determined that the OM market movements were triggered by reckless forced closures initiated by centralized exchanges on OM account holders. The timing and depth of the crash suggest that a very sudden closure of account positions was initiated without sufficient warning or notice.
That this happened during low-liquidity hours on a Sunday evening UTC (early morning Asia time) points to a degree of negligence at best, or possibly intentional market positioning taken by centralized exchanges.
Centralized exchange partners play an important role in providing liquidity to projects like ours. We work closely with them, however they continue to exercise enormously high levels of discretion. When discretionary powers are exercised without due internal and external oversight, dislocations like what recently happened can and will occur, hurting both projects and investors alike.
To be clear, this dislocation was not caused by the team, the MANTRA Chain Association, its core advisors, or MANTRA’s investors selling tokens. Tokens remain locked and subject to the published vesting periods. OM’s tokenomics remain intact, as shared last week in our latest token report. Our token wallet addresses are online and visible.
Kusuriya no Hitorigoto is a really good manga.
Yes, I share things about manga on crypto platform. whatchagonnado? It's better than Twitter because it's not character limited.
Anyway, the title is "Drug store girl of the inner court" (kusuri = medicine and ya=store). Mostly translated to Apothecary. It's accurate to he plot.
The protagonist is abducted and sold to Chinese inner court, where concubine and eunuch are. You might think that's bad for the girl, until you realized she got abducted from red light district. Thing manga subvert many modern day world view. Plus, the story is so good at being smart. A lot of things aren't spell out and delivered expecting the reader to be smart enough to understand it. Also has anime adaptation .
it's the kind of manga that I'll buy a token to read.$
Yes, I share things about manga on crypto platform. whatchagonnado? It's better than Twitter because it's not character limited.
Anyway, the title is "Drug store girl of the inner court" (kusuri = medicine and ya=store). Mostly translated to Apothecary. It's accurate to he plot.
The protagonist is abducted and sold to Chinese inner court, where concubine and eunuch are. You might think that's bad for the girl, until you realized she got abducted from red light district. Thing manga subvert many modern day world view. Plus, the story is so good at being smart. A lot of things aren't spell out and delivered expecting the reader to be smart enough to understand it. Also has anime adaptation .
it's the kind of manga that I'll buy a token to read.$
Cryptidiot on Twitter don't understand crypto nor can they do math.
- Binance gonna go FTX, they said
- Binance doesn't have enough money to pay the fine, they said
- Binance will have to dip into customer fund, they said
- Take your money out of Binance, they said
Consider this
+ Binance make money from withdraw fee
+ From prove of reserve, they have enough to facilitate withdraw
Sometimes I'm not quite sure if they're trying to help or to hurt Binance
- Binance gonna go FTX, they said
- Binance doesn't have enough money to pay the fine, they said
- Binance will have to dip into customer fund, they said
- Take your money out of Binance, they said
Consider this
+ Binance make money from withdraw fee
+ From prove of reserve, they have enough to facilitate withdraw
Sometimes I'm not quite sure if they're trying to help or to hurt Binance
How does Binance Livestream run smoother than Twitter's ?
Oh, Twitter is dead. It's X now.
Oh, Twitter is dead. It's X now.
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