Reserve Unofficial Update
Minting, Zunami, Liquidity, eUSD clone — and more!
Happy Friday everyone!
The good news — it’s Friday. The not so good news — I’m pushed for time, so it will have to be brief I’m afraid.
I’m also toying with doing this as a spoken word thing (in addition)— so you don’t have to use your eyes, which seems to be a thing these days — photons are so taxing I find. If you think that’s a good idea, address as ever is BBC Pebble Mill Birmingham B1 2JP. Suggest credit goes to Smedders — as we like to call him due to his Downton Abbey foppishness (jk).
Ok, get on with it — you’ve already said you’re pushed for time.
- Memory lane
- TVL
- Zunami
- eUSD
- Gamer Token
- AOB
Memory lane
1 year since… shudder. 89% to code freeze.
2 years since…
Rangers were incredibly generous and raised over $5000 to get Mr Ruiz his kidney transplant from his wife — latest update : they are fine, but he had to go back to hospital recently due to a complication, but all seems well now. It seems strange that a crypto community of all places managed to do this so if you donated thank you — it goes to show there is a real human aspect to this project. Now with the emphasis on charity RTokens long may it continue.
TVL
Goes to URL… screencap.
As you can see, we’ve had a good week. 1.7M new eUSD (the good one — more later) and breaking news :
Another $30k $hyUSD
News update on frUSD — new RToken will be issuing it’s introductory market positioning very soon! You can earn money AND BURN RSR AT THE SAME TIME! Whatever next? Listening to music and roller skating?
Also — how much is an eusdRSR?
Also from the excellent RTokenAlerts
Zunami
Zunami is a yield aggregator
And is quite picky about the stables it uses — so great for eUSD to be voted in. This obviously opens up another avenue for eUSD minting.
eUSD
Yeah — the mobilecoin / RPay stable — whatever.
No! There is another — slightly contentious ‘other’.
Lybra finance have named their stable eUSD as well. You deposit staked ETH and GAINZ. All is not quite as it seems however….
I’ll probably get trolled but hey. Choose wisely.
Gamer Token
Back by <no> demand — the series on who could create an RToken — well my cat could probably have a go…
So no need for a highly fluctuating ERC20 token to benefit people — real money goes to holders! You can earn interest on your cash and use it to buy in-game ‘things’. What’s not to like? The game designer even gets a kickback to use as they see fit. Minecraft — 130M gamers, $380M in revenue in 2021 — and that’s spend, the float would be bigger. Send dollars to minecraft on an L2 like base for pretty much zero fee — earn money. Simples.
AOB
Quite a bit here — it’s more or less a copy pasta from Twitter so I’ll apoligise now.
First up — Taylor will be presenting!
ANOTHER audit
And thanks as ever for reading!
