Absolutely INSANE rollecoaster on the Ronaldo Cry market ! > Portugal loses > Ronaldo walks out of the field with a poker face *odds drop from 80% to 13%* > camera pans to him again, he's crying *odds skyrocket to a peak of 96%* > traders realize you can't see tears in the clip, which could make it a NO by the rules *odd drop to 34%* --> You are here. There is now an ongoing search for Christiano's tear. Traders a scrutinizing every angle of every camera to find the evidence that might resolve this market

the .eth comes off, the end of a chapter for me I have decided to move on from ENS, given recent events and other reasons. I'm grateful for my time with ENS and I wish everyone well going forward This includes winding down @ethidorg. I and my incredible teammates are open to new opportunities, DMs are welcome. My team has been amazing! Any of them would make a great addition to your team: @0xthrpw @encrypteddegen @sat_eth @jalilwahdat @quantumly 🔥 Re our projects like @grailsmarket, @ensmarketbot, @efp, etc: Thank you to all of our users, we appreciate you! Most of these projects will sunset over the next few weeks (tho code remains open source), more information will be posted later Godspeed everyone 🤝

I sincerely doubt the number is that high. Insane if so. But the point about using a low float high FDV token to strike deals for exclusive integrations still stands. People used to say to me all the time at Euler: “do more BD.” But lack of integrations almost always was nothing to do with BD efforts. Very few people we didn’t speak to during my time there. It almost always came down to money. “So and so are offering X millions for an exclusive integration, what can you do?” I assume most of those types of deals were done with tokens and not real $ because the numbers were often eye watering. And we had 1/100th of budget or less than competitors because of the depressed EUL token price. So we would always get excluded or pushed aside once someone else came in. Sometimes people talked to us enthusiastically one day and completely ghost us the next once they’d agreed a deal elsewhere. With the benefit of hindsight I think we should have tried to take Euler private and start again with the token. But hindsight is a wonderful thing. It wasn’t the same regulatory environment as we have now and there were lots of arguments against doing that. The point is that you really need a highly valued token to compete for liquidity and integrations in lending though. The tech is very much secondary to your ability to pay in the early years to bootstrap liquidity and integrations. It does make me wonder what will happen when all these pay to play token holders start to take profit after vesting ends or hedge out their exposure though.

Why does ENS need its own token instead of just voting with ETH? Because someone rich enough could buy the ETH and grief the protocol. Kain: "You're talking about Tom Lee?" Nick Johnson: "No, it's Vitalik, to be honest." 😂