Let's be real Cardano. We have no users. Why would we fund more infrastructure? Why would we fund those high salary devs to keep building things nobody is using? Within less than a year, if not already possible, an engineer working with AI can build those for a fraction of the cost. Why are you falling for those grifters? That michele girl with the best cardano dex. When is she gonna launch to 0 users? To all the cardano devs currently submitting proposals, If you cant find a job in the real world because you are getting replaced, dont come grift the treasury and pretend like you are useful by building things we don't need. You are not useful. You are a drag on the chain. We despise you and your grift. Why don't you leave and find a new occupation to feed your family? All the users that pour money into the chain left. Even the scammers and project grifters left because there are no users to grift. We are left with those useless devs that we have been funding for years with nothing to show for their work. Treasury spending should be put on hold until the market recovers. WE DON'T NEED TO PAY DEV SALARIES TO BUILD SHIT WE DON'T NEED

Strike Cardano has been a savior in this bearish market. People are printing $ADA without even touching leverage or trading. Here's the complete playbook to providing liquidity on @strikecardano. Study this if you want to maximize your chances of being profitable. People who provide liquidity on Strike are playing against leverage traders who use Strike to go long or short. They provide them the money to gamble with. When leverage traders win, they take money from the pool and when they lose, they add to it. These are the tokens you can provide liquidity for. And soon with V2 you will be able to use $ETH $SOL The Pool Size is the total amount of liquidity provided in that token pool. ie: ADA 8.68M ($3.47M) You can freely add/remove liquidity to a pool. CNTs are instant, ADA deposits take a bit of time as they are batched to reduce slippage. The Utilization is how much of the pool is currently used in leverage trades. ie: ADA 23.59% or 2.04M of 8.68M is currently locked in trades. Its a key metric to keep an eye on because once it reaches 95% your liquidity withdrawal will be queued until traders close their trades or more liquidity is added. Ideally, you want to avoid being in a pool when Utilization is high because you risk locking yourself in an unfavorable situation at the mercy of traders. Forget the APR, The profit metric you want to track is the All-Time Asset Profit. ie: ADA 41.16%. This means if you provided 10k $ADA when strike first opened liquidity deposits and never removed them you would currently have roughly 14.1k $ADA But even if you just added 10k now and tomorrow its 42.16% it means your 10k grew by roughly 1%. To know exactly how much your tokens are worth, after you deposit and receive lp tokens, you can also go to withdraw and put the max amount and the Expected Receive tells you exactly how much ADA they are worth. Next comes @BendingAI Strike Leaderboard, which lies at the heart of this playbook. It gives detailed information on all current open leveraged trades on the platform and it's the main way for you to determine when's the best time to provide liquidity. On the top left of the dashboard are the different token pages. For this example we started with $ADA so we will look at the ADA page The first thing you want to look at is the Unrealized PnL. ie: $-73,100 This is the total profit/loss of all open leverage orders which is dynamically changing with price moving, new orders opening and open ones closing. Ideally, you want to provide liquidity when the Unlrealized PnL is negative, which means traders are net in loss and most likely will be either liquidated, or close their positions at a loss. But you can look at exactly every single trade open as all the information is available. And this opens the opportunity for people who know this information to swoop in just in time to hunt over leveraged traders and cash in on their liquidation. LP Positions: Ranks the addresses that are providing liquidity to that pool. All Positions shows all the open positions, Leaderboard View is the same thing but combines multiple open positions from the same address into one so its better to start there. While Leaderboard View is selected you can choose to see the Longs or Shorts and you can see detailed information on every open order. Heres a breakdown of the positions chart and what each metric shows using an ongoing overleveraged trader whos being hunted as an example The Current Value, is the current value of the collateral the trader has opened the trade with. To know the initial value of that collateral you have to look at the Position Size ➗Leverage In this case this person has taken a total of 8 long positions, each 250k $ADA using 5x leverage. So initial collateral for each order was 250k/5= 50k $ADA and you can see Current value of each one of those with the lowest sitting at 12k. You can see the Entry Price and Liquidation Price. The first order he opened had an initial Liquidation Price at $0.38 but this is not including the Fees from the Hourly Rate which push his liquidation price higher. @BendingAI does not dynamically adjust the Liquidation Price with the Fees but basically liquidation happens around when the Current Value - Fees = 5% of initial collateral. So in this case with ADA sitting at $0.4 a slight dip can start liquidating him and feeding the LP's Or ADA can rally and he can make a lot of money. Keep your eyes peeled on the stats and you can exit before he takes profit.

I looked into the address that sold the 14M $ADA and it was funded by the Genesis Block, the first Cardano transaction ever on 9-23-2017 Full details below. This post is also sponsored by the Pulse Presale in quoted tweet make sure to check them out once you're done reading. Instead of tracing backwards i will start with the Genesis Block where we can see in this TX, hash: 62b84e57c17f7f5d5ddb2f12b8a1879bc872b4cf8f94df71d3c009ecba35334b that Ae2tdPw...PJg2 received 11.61M $ADA in the first ever block, Block 0, slot 0 from Genesis Then 2 weeks later on 7-10-2017 sent them to DdzFFzC...YThjz a Byron era address They stayed there until 7-30-2020 where they moved them again to a Shelley era address, stake1u8fc96fgg53806udn52ayaawf7jwu4njyu82tqcetfz84kchr6c7e which performed the costly swap. Additional note: Starting from Jul 15, 2023 they started delegating to community pools and rotating monthly