Discover and read the best of Twitter Threads about #NECC
Most recents (2)
1/ š§µ A Detailed Thread on $NECC š§µ
Thanks to @cvxvxxgvd @AnonUser_404 and other $aurora ecosystem maxis ā¦ Iām becoming one myself.
Iāve decided that I am going to provide you with pure alpha and explain the plays Iāll be investing in š¤
Enjoy! Only invest at your own risk ā ļø
Thanks to @cvxvxxgvd @AnonUser_404 and other $aurora ecosystem maxis ā¦ Iām becoming one myself.
Iāve decided that I am going to provide you with pure alpha and explain the plays Iāll be investing in š¤
Enjoy! Only invest at your own risk ā ļø
2.1/ Introduction - wtf is #NECC ?
No, Iām not talking about @Tradermayne extraordinarily large body part, I mean the āyield-bearing, fully collateralised stablecoin protocolā.
Essentially, deposited collateral is lent out to long/short traders to allow for up to 50x leverage
No, Iām not talking about @Tradermayne extraordinarily large body part, I mean the āyield-bearing, fully collateralised stablecoin protocolā.
Essentially, deposited collateral is lent out to long/short traders to allow for up to 50x leverage
2.2/
The stablecoin is $NDOL and this is can be minted by depositing a whitelisted collateral. It is minted by a ratio of 1:1 to the collateralās USD value.
NDOL retains its value against trading by seizing the tradersā collateral, upon volatility and price increase.
The stablecoin is $NDOL and this is can be minted by depositing a whitelisted collateral. It is minted by a ratio of 1:1 to the collateralās USD value.
NDOL retains its value against trading by seizing the tradersā collateral, upon volatility and price increase.
@ArmitageJim @premnsikka. 1/ The Timesās @RobertEJWatts writes āCompanies House under fire as fake firms get seal of āapprovalā for just Ā£12. Bogus crypto business highlights the failings of Companies House.ā Fraud & #MoneyLaundering are endemic in the UK Financial system, ā¦ 
2/ the ā5 figure apparatchikiā at @theFCA(FSA) has turned a blind eye for decades + UK fraud/racketeering laws are so weak + unenforceable that the ā5 figure apparatchikiā at the #NECC/#NCA, #SFO & @CPSUK have seemingly given up criminally prosecuting fraudsters (with ā¦
3/ spiffy QCās). The solution is straightforward but unpalatable for the ā5 figure apparatchikiā & their chums that benefit from the current āsituationā: 1. Implement USA style Wirefraud/RICO laws & hard sentences as a REAL deterrent. 2. Require all UBOās to be people & have ā¦
