sam | #wassie retweeted
Here's what happened @ethena in August:
• Launched @EthenaPay, the internet money neobank.
• The Ethena Foundation announced a major ecosystem update: the buyout of certain seed investors' locked tokens, unlock of additional VC tokens to alleviate future unlock overhang, principle agreement on a Master Framework Agreement with Ethena Labs, and proposed fee switch activation directing up to 95% of net revenue to ENA buybacks.
• Published the next phase of USDe backing diversification: extending the basis trade to equity perpetuals.
• Partnered with @FalconXGlobal, a leading digital asset prime broker, as an institutional lending partner.
• Ethena-powered dollar savings went live on Kraken+ in the US via @krakenfx.
• USDe became one of the fastest growing dollar assets on @RobinhoodCrypto, crossing $300 million and representing ~40% of total digital dollar supply on the network.
• Ethena assets in the @coinbase DeFi earn product crossed $300 million, a new all-time high.
• @maplefinance selected Ethena's GENIUS-aligned stablecoin USDtb as a core holding within the USD liquidity buffer supporting syrupUSDC and syrupUSDT.
• USDT mints for USDe became free at 0bps for all onboarded mint and redeem users.
sam | #wassie retweeted
Long overdue. Make tokens great again.
We are excited to announce four updates regarding the Ethena ecosystem, further details on each point are provided in the blog linked below:
1. Buyout of early investors:
The Ethena Foundation executed a buyout of all locked tokens from certain major seed investors that sold any ENA within the last 9 months.
2. Alignment of Token & Equity:
The Ethena Foundation and Ethena Labs have reached agreement on a Master Framework Agreement, whereby IP and ownership of value accrued by the protocol is assigned to the Foundation exclusively and governed by token holders with no residual cash flow due to equity investors in the Labs entity.
3. Revenue Buybacks:
Governance proposal now live for the implementation of the fee switch whereby net revenue accrued across all business lines under the Ethena brand will be used to programmatically buy back the ENA token.
The vote for revenue buyback fee switch implementation is now here, and has already been approved by the Risk Committee:
snapshot.box/#/s:ethenagover…
4. Removal of monthly VC unlocks:
The Ethena Foundation and lead investors have agreed to eliminate future overhang associated with monthly VC investor unlocks by releasing unvested tokens. All team tokens remain locked per the original vesting schedules.
Further details and documentation is provided in the blog linked below:
sam | #wassie retweeted
A dated research tape has appeared online.
Source unknown.
The footage is disturbing.
#FoundFootage
xitter.cf/aeyakovenko/status/189… wow i wonder what will his gigabrain think next? A decentrised basis stable coin maybe?
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sam | #wassie retweeted
rt for the night shift.
still 100 or so wl spots available.
still free.
still no public mint.
if you dont like it, dont mint it.
i have no idea what happens post mint next week and quite frankly i really couldnt care less.
my role here is to make cool art, not pump your bags.
Constructs allowlist submissions are open at the google form below.
Looking forward to seeing who signs up <3
forms.gle/3RAzvR8CY84dHcvg9
By far my most comfortable hoodie 💜
I can be warm in da fridge finally. @wassieEmporium
@bywassies @loomdart
sam | #wassie retweeted
Over the course of 2023, we intend to tell the story of the @byWassies universe.
This begins with a revamp of Wassiepedia where burning questions will be answered.
Why do Outcasts kill Wassies? How successful is McWassie? And what the hell are Wossums?
Stay tuned for updates.
sam | #wassie retweeted
The 14 Days of Wassmas start tomorrow! We’re giving away some awesome prizes to our community. Post your Wassie (with the token ID) below, and retweet this tweet to be entered.
Remember to join our Discord and participate in events all month long to make the Nice List!
outcast #3864 never looked spookier!!! #WassoweenFridgeScape
Run and hide mfers!
Run...And hide...
Don't know if i should long for the post or short for the @sassal0x reply... Market is truly getting hard.
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Whats up @rishisunak please give @cobie the Royal Mint NFT power thank you god save the queen
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For the culture!!! #DegenFur
Giving away 3 free Ethereal Apes to one lucky individual who follows us, likes, and retweets this post.
Check #announcements in Discord to sign up for WL.
We are aiming to launch tomorrow, Saturday, February 5th, if all mints are allocated during the WL phase.
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sam | #wassie retweeted
The generator now dynamically takes into consideration the background lighting source and applies a highlight to the eyes based on the background.
This one hidden trait entailed 168 individual assets being added to the collection.
but it looks great.
so of course we did it.
Process of my first NFT!🤩
I'd like to mint it in @withFND #Foundation but I need an invite or more upvotes😟. If you would like to support me, I would really appreciate it 💗.
foundation.app/cryptomoshimo…
#NFTCommunity #NFTartist #nftcollectors #NFT #FoundationInvite #dogecoin
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