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I created a "Cliff's Notes" version of the April IMF Global Financial Stability Report along with my personal opinion regarding the future for Stablecoins, Cryptocurrency and CBDC's, I think it sort of paints a picture of the current global financial situation in a way that isn't being communicated
Other good Solana projects besides Stepn?
Other good Solana projects besides Stepn?
Other good Solana projects besides Stepn?
Splash is a 3 in 1 token. This project includes SplashSlots, NFT Market and Splash voting platform. Holders can get 6% from each transaction.
Protocol is ready to connect Polkadot to Ethereum and Solana, among others
Coinbase implements an extension that now supports Solana wallets on their exchange.
Coinbase Wallet introduces Support for the Solana Ecosystem
Is Crypto Actually the Currency of the Alt-Right and How Will that Perception Affect Adoption?
$AUDIO (ERC-20) is now an SPL / Solana token?
Two cents as SPL Tokens (Solana Ecosystem Projects) come to Coinbase/Kraken et al and as you think about investing in those. The pros and cons of investing in Solana project at the moment.
As HydraSwap is a decentralized exchange, they are non-custodial (i.e. They do not hold your funds). Therefore, you would need to set up a Solana Program Library (SPL) wallet before utilizing the functions on HydraSwap. The below wallets are supported by HydraSwap:
FTX, Kraken, Huobi are all backing $GARI. Probably the next coin Elon Musk will shill :) $4M raised in 15 minutes. IDO still open on FCFS basis for 2nd round!
$GARI successfully raised $4M in 15 minutes - largest IDO so far seen 🚀 - Last chance to buy it for less than a dollar $ | IDO is today at 2 PM UTC -- 16th December 2021 | No white listing, First come first serve.
$GARI has raised $4M in 15 minutes - largest IDO so far 🚀 | Last chance to buy it for less than a dollar | IDO opens 2 PM UTC Today -- 16th Dec 2021 | First come, First serve - No whitelisting.
$GARI IDO on 15th Dec 2021. NFT marketplace + short videos + social commerce for 85 million users
This TikTok rival on the blockchain is the next 100X gem 🚀$GARI IDO on 15th Dec 2021 🚀
Serum: Return of the Order Book
Now fixed, Solana Protocol Library bug, had potential to expose $2.6 billion to risk of theft
Solana library bug could have seen attackers stealing $27 million an hour
New SPL token listing on Raydium - Space Vizsla / SVIZ - currently only 35 holders
Mentions
I don't recommend buying this. Why? 1) A private wallet owns a significant percentage of this token's total supply. (Dump Risk) 2) The smart contract was deployed less than 14 days ago. (Recently Deployed Contract) 3) The token's liquidity is low, possibly resulting in high volatility or loss of swap functionality. (Low Liquidity) 4) The token's metadata is mutable and can be updated by the update authority. (This SPL token have mutable metadata.)
According to solscan, wallet that has apparently created $DOGSHIT2 created 4 more tokens 5 days ago. One of them is Burwick Law (BL). Creator of $DOGSHIT and the other 4: B9sadNSwYW2Z22innpBkPVdmMk1C88BHRdiNZ9DB473K Burwick Law (BL) CA: EacSoHxke8JBLmWtLgxtNKz25NohEpBXNW1DPzLHpump What are they trying to do ? [Solscan Burwick Law](https://solscan.io/account/B9sadNSwYW2Z22innpBkPVdmMk1C88BHRdiNZ9DB473K?activity_type=ACTIVITY_SPL_INIT_MINT#defiactivities)
On an EVM chain yeah, it could happen. On Solana it’s not possible, with an SPL token, it just works differently. But you’re right about the « When you don’t know, you don’t do », in a majority of cases it will prevent you from making regretful errors
All in on SOL and SPL tokens for a while. Only chain that I like to use, except for newer chains that haven't achieved escape velocity yet. That said, it makes no sense to invest now. Risk reward in this part of the cycle is not that great. Better to wait for better opportunities imo.
Check out $ikigai Doxed team, 5 months old, Nice website, listed on CEx, Merch, ATH 3.7m , Current MCap 1mil, Weekly Comic Chapter release, Staking and SPL 404 NFTs upcoming, Vibrant community, sleek content on X, fun and purposeful memecoin. CA: 2ggn9cSrL3HyUudaNbB8PzjPkK5WEidK2MyapbnMBgA5 Website: [https://ikigaionsol.com](https://ikigaionsol.com) X: [https://x.com/ikigaionsolana](https://x.com/ikigaionsolana) https://preview.redd.it/svbcuo0unkwd1.png?width=1497&format=png&auto=webp&s=a6c5b9c0285f48c9961c724d5a5aa372a50c0902
When you look at all successful and long-lasting tokens, they have to go through shake-outs to acquire the core holder base. Heck, even look at BTC. Constant 90% retraces. POWSCHE is fundamentally the best SPL token. The team saw this coming from a mile away and decided to allow the retrace and shakeout to get the real hands accumulating and the quick flip traders out. POWSCHE is climbing so organically right now and I love it. The team built out an app, built out so much and are working on so much more. The thesis for POWSCHE hitting the billions this run is still the same - SHIBA has an ATH market cap of $40B. That was \*last cycle\*. The top memecoins at their peak are going to do muliples of that. We will see several memecoins over the previous cycle's max market cap when we get to the phase of ultimate froth. POWSCHE is a category defining token. Tokens like BODEN show that people want tokenized versions of their offline communities. They're interested in the same things onchain that they are offchain. POWSCHE is way more accessible that DOGE or SLERF or whatever. Everything right now is just a copy of dog/cat. Political memecoins show a new path, POWSCHE, like them, appeals to non-crypto natives. At the peak of this cycle, I think only the top coins in each category make it into the XX billion range. The top coin will hit $100b. In this context, $50b is not unrealistic.
This project is gearing up for a massive surge, thanks to Andrew Tate's involvement! Check out SPL Token if you're looking for a long-term investment with serious growth potential. They've got innovative marketing strategies, including viral videos and high-profile partnerships. Read all about it in their community's pinned messages!
I'm still pretty bullish on Solana long-term, despite the FUD. Yeah the network has had some growing pains with outages and congestion. But the team has been quick to address issues and prioritize stability. And you can't deny Solana still has some of the best tech in crypto - super fast and cheap transactions. I think as more developers build on it, Solana has a real shot at becoming a dominant L1 alongside Ethereum. The NFT and GameFi ecosystems are already exploding, which is huge for adoption. And SPL tokens are still cheaper to mint than ERC-20s.
99% of the new SPL tokens are scams and POWSCHE is one of them. The OP and the commenters are just from their telegram trying to get free tokens for positive posts
When you look at all successful and long-lasting tokens, they have to go through shake-outs to acquire the core holder base. Heck, even look at BTC. Constant 90% retraces. POWSCHE is fundamentally the best SPL token. The team saw this coming from a mile away and decided to allow the retrace and shakeout to get the real hands accumulating and the quick flip traders out. POWSCHE is climbing so organically right now and I love it. The team built out an app, built out so much and are working on so much more. This low is the perfect accumulation, when it blows past ATH and then retail comes in (they're gonna love POWSCHE over CAT392003922039) it's straight up. 8CkiSHHJDHJV4LUoiRMLUhqG58cUkbyJRtcP4Z3mCXNf
Pretty happy to see the WUFFI pack growing and those cross chain moves are huge. Being able to move between WAX(EOSIO chain) Base (EVM chain) and SOL (SPL chain) is a massive utility. Those chains don’t have easy interoperability and the WUF bridge now makes it super easy for me to move from any of these chains into any other. It’s a big step forward for what was happening in WAX before the bridge went live. At least in my opinion.
Raydium, or any dex/trading bot that supports SPL tokens.
There is one coin that is rarely mentioned. I know that some of you heard about PICA since they are around for some time now. Their main focus is on restaking and Cross-Ecosystem IBC. They announced earlier today that Solana IBC transfers are now live on their app and PICA is natively available as an SPL token on Solana. They really practice what they preach. I think it's a good add to every portfolio, plus it's on a discount now.
Is the 44 pages of SPL transfers indicating vote for yes?
Put simply, an SPL token is Solana’s version of Ethereum’s ERC tokens.
"Transmuted in an SPL token" What's that mean?
tldr; Brave Browser has announced its integration with Solana. Using desktop version 1.39, Brave Wallet users can transact Solana and SPL tokens directly from their Brave Wallet. The platform’s native token, Basic Attention Token (BAT) has also been transmuted into an SPL token. Brave joins Opera, which integrated Solana, Polygon, StarkEx and other blockchain ecosystems in March. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
This is what it said Bat has also been transmuted into an SPL token.
Its driven by demand of people wanting to participate. Except unlike an actual Ponzi, prices are set my the community. I could send you a shoe for free right now and you're in. The SPL token is generated by running, the SPL has no inherent worth, but its driven by consumer demand. With that SPL token I can make shoes, and if you want shoes, well then I can sell you shoes based on what the market thinks its worth. A true Ponzi is the expectation of investing X and receiving Y in return. StepN literally prints out a valueless token and leaves it up to the community to determine the value. How does StepN make profit? Well baked into each NFT is a creator royalty fee. Every time a shoe is sold/bought part of the proceeds go to StepN. In my eyes this is a micro economy more so than a Ponzi like people suggest.
tldr; Brave has added support for Solana and SPL tokens to its browser. The Brave Wallet can now be used to buy, sell, and hold Solana tokens through non-custodial payment platform Ramp. Brave is also expanding the utility of its Basic Attention Token (BAT). *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
> I just wish they'd add more cool statistics on my coins Advanced stats and analysis features are coming later in the year! > maybe start supporting ALL tokens under a coin (ie. Support all tokens using ERC-20 on ETH, or all tokens using BEP-20 on BSC, etc) Support for all of these are coming soon. They were all being developed in tandem, but custom SPL tokens had to come way sooner as it was needed for ExoDEX to launch. > Features I care nothing about Besides what you've already listed, do you have any other requests? > I don't feel safe at all if they also were linked to a browser extension. Yeah, I get this. One of our top priorities have always been proper wallet safety and educating users on protecting their funds. Obviously, an extension wallet introduces the ability to connect to dApps, which also opens up a new attack vector for hacks (typically through a user unknowingly connecting to a scam app). We're working on features to better protect our users, such as curating a list of verified dApps that users can access directly in the extension should they not feel safe enough to go looking for dApps themselves. That's only the tip of the iceberg, though. Wallet security and user education is a top priority for us.
I've been waiting for prices to go down even more. I'm holding BTC, ETH, SOL, a few SPL tokens for protocols that I believe in, and some stables. I have high conviction in the projects I have money in so I am not worried long term. Just waiting to see how much everything drops so I can slowly add more.
Post is by: RefugeeDutch_Syrian and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/tttvvc/protocol_is_ready_to_connect_polkadot_to_ethereum/ Polkadot is getting ready for a special move that involves [connecting the Kusama parachain to other chains](https://medium.com/acalanetwork/acala-and-karura-to-connect-polkadot-and-kusama-to-the-wormhole-multi-chain-bridge-134a9036d0e6). Parachains are small blockchains that are connected to Polkadot's for their security. ​ **Bridge for liquidity** Through the so-called Wormhole bridge, Polkadot's Decentralized Finance (DeFi) ecosystem is connected to the other blockchains. With the bridge between Polkadot and the various major blockchains, the network has access to more than $200 billion (€180 billion) in liquidity. Currently, there is already $3.6 billion worth of value in the bridge. The goal is to build more liquidity in the ecosystem after the integration and then launch the first decentralized applications. ​ **Two applications ready for use** The first two applications after building the digital bridge are already ready for use. Polkadot users can transfer tokens from one blockchain to another thanks to the bridge. In addition, it is possible to use ERC721 (Ethereum) and SPL NFTs (Solana) on different blockchains with a so-called NFT bridge. The Wormhole integration connects the Polkadot network with Ethereum, Avalanche, Solana, Polygon, Oasis, Terra, Fantom and the BNB Chain. This connects the largest blockchains in the DeFi ecosystem to Polkadot. What is interesting about Wormhole's infrastructure is that it allows for cheap and fast transaction. In addition, it is possible to use the aUSD, the digital equivalent of the US dollar on Polkadot, on other blockchains. This will open up additional opportunities to earn interest on aUSD and enable new applications. Furthermore, it will soon be possible to use USDC, ETH, SOL, AVAX or LUNSA, among others, within the Polkadot ecosystem. ​ **When will Wormhole be ready?** It probably won't be long before the Wormhole integration is ready to go live. Right now at Polkadot, they are doing the final tests to build the digital bridge between the protocols. Wormhole should go live on Karura, which is a kind of test network for Polkadot, in the next few weeks and then, if all goes well, launch on Acala as well. Acala is a decentralized financial network that supports the aUSD ecosystem. Its main product, the Acala USD (aUSD), is a decentralized stablecoin backed by multiple cryptocurrencies. The Acala parachain, a side blockchain in the Polkadot ecosystem, includes a decentralized exchange and the ability to replicate anything that exists on Ethereum. ​ **Collaborating blockchains** Wormhole works with smart contracts that cause assets to be fixed on a particular blockchain to then live on on another blockchain. The asset remains fixed in the smart contract until the owner decides to return it to the original blockchain. A lot of interesting developments, then, that should make both the Polkadot network and the blockchains with which it can soon work extra valuable. It remains to be seen what it will do to the prices of the tokens, but it certainly seems to be a positive development. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Easy!...if...like my dad, you have 1. Big house on the beach with a full commercial gym paid off. 2. Three very nice new cars, paid off. 3. A nice 76 foot yacht, paid off. 4. Lots of liquidity in the bank & the stock market for 10 lifetimes of full extravagant expenses (not really a lot, but +$50M) 5. He and mom both have Single Premium Life Insurance (SPL) fully paid. 6. Health, accident, & major medical insurance paid for with benefits up to $25M. Dad has been hodling since forever. He doesn't have to sell. There is NOTHING else he wants to buy. He doesn't care. Maybe when there is liquidity in the market, he'll sell. My parents are so at ease with their lives. It's fascinating to watch. They just don't give a f\*ck about anything. It's so refreshing. By the way, they are in their fifties.
Plutonians is an NFT enabled and SPL token powered space RPG video game built on Solana.
Telegram: @Splashlistnet 📈Splashlist. 🎰Splashslots. 🌄SplashNFT. 🔥SPLASH (SPL)🔥 👉 3 in 1 🎉Slot Casino 🎉Voting Platform 🎉NFT Market ✅Do you Want to Play in Casino ? You need to Buy SPL. ✅Do you want to Buy or Sell NFTs ? you need to Buy SPL. ✅Do you want to Promote Your Project ? You Need to Buy SPL. 🔥 Presale is Live 🔥 https://www.pinksale.finance/#/launchpad/0x4bBfD6e798992CF936b829432d75E4Ac7772623C?chain=BSC ✅ KYC is Done ✅ Audit is Done ✌️CMC and CG Within First Week 🗣 Listings Within First Month 👉Gate 👉Hotbit 👉Lbank 👉Kucoin 🔥Contract🔥 0xBC579C66fcD20D39D89ff2bA47bb1939A0679Ec0 📱@splashlistnet
I'm not sure on the specifics, but if you have a very quiet area then it doesn't take much extra noise (in terms of dB levels), for noise that isn't particularly loud to *sound* loud. It's to do with the logarithmic SPL (sound pressure level) scale. Some people think wind generators make too much noise as well, I've sat next to one and it seemed pretty damn quiet...
tldr; Coinbase has added help for Solana to its self custody pockets. The US-based crypto alternate will now be capable of helping Solana tokens, together with SPL tokens and all different SPL tokens supported by the community. This comes only some months after the Brian Armstrong-led alternate opened buying and selling for 2 DeFi initiatives on Solana. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; Coinbase has added wallet support for Solana (SOL) and its ecosystem of Solana tokens (SPL). The U.S. crypto exchange cited the surging interest in Solana over the past 12 months as investors look for low-cost alternatives to Ethereum as a key reason behind adding support to the network. Solana is currently ranked fifth in terms of total value locked (TVL) in decentralized finance protocols at $6.94 billion. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Phantom also is for SPL network not eth network.
If you're using USDC or another SPL token and Solana Pay this could soon be somewhat viable.
If you wanted to trade SPL tokens, them being listed on exchanges is practically irrelevant. Why? Because dexes on solana (I am talking about raydium here but maybe applies to others) are actually really good. Sure many people are very vocal about hating solana for whatever reason but it is hard to deny that a dex swap that is essentially instant, with basically no fees, has order books and other nice things isnt an impressive thing. If there is a dex without the usual downsides (eg of fees, sluggishness etc) then you might as well just transfer sol to a wallet and dex swap for whatever spl you want. An cex exchange brings no benefit here.
That only they can tell :) Coinbase has listed Orca and FIDA so far but you don't build the whole infrastructure (SPL Support) to list just 2 coins ;).....certainly a lot more SPL coins coming. Kraken has listed a lot more but more coming in the coming weeks and months.
Well said. Applies to all projects, but, SPL Token Listing is a major milestone/ event hence the particular call out.
tldr; Coinbase is reportedly on the brink of listing tokens based on Solana (SOL) on its exchange. The crypto exchange giant will allow withdrawals of coins in the Solana Program Library (SPL), Solana’s smart contract token standard. The feature would be implemented in the “near future,” according to anonymous sources. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Yep, just wait until all the people on Coinbase buy SPL USDC. He's going to make so much money... I mean seriously. Did you even read the article, or did you just see Solana and decide to spread FUD? Or are you just mad that they ~~won't~~ can't list Bitcoin tokens?
This is very comprehensive! A great read. Was wondering if you've heard of Kadena? It's highly scalable and has done really well in trying to solve the blockchain trilemma. They have a DEX launching next month called Kaddex that has peaked my interest. It's got a range of DeFi products like staking, farming, lending and leverage tools as well. The staking rewards earn you 0.05% on all trades which is remarkably competitive. It provides liquidity for SPL tokens too and is governed as a DAO. DAO governance is such an interesting concept to me. Hard to pull off. Kaddex is also gasless which I feel is massive for all investors. Especially retail. With how thoughtful your thread was I'd love to know input on Kaddex and the Kadena chain.
I love Near and think sharding is going to give it a significant advantage in scaling. If cheap gas and fast tx peaks your interest I'd recommend taking a look at Kaddex built on the Kadena blockchain. * Kaddex has no gas (everyone hates gas) * Fast swaps with no tx cost * Provides liquidity for SPL tokens * Is governed as a DAO to increase user participation and development of the network while further decentralizing the project. Kaddex just looks fundamentally solid. I'd love to hear everyone else's opinions of it and the Kadena Chain!
There is a transaction fee to create a new wallet for every new SPL token you buy is the most basic way to explain that. Shows up on the explores as associated account creation.
PsyOptions aims to become one of the foundational DeFi primitives on the Solana blockchain by offering completely trustless American style options for any SPL token.
If you deposit USDC to FTX as ERC20, you can then withdraw it as USDC on BSC BEP20 or Solana SPL. No fee charged for withdrawing from FTX either, but you’ll obviously have to pay the ETH gas to get it in there.
That's the blockchain not the stable though, the same is true for USDT. USDC is native on a few block chains, same as USDT, the issue it natively as ERC-20s and SPL tokens for example. When critiquing stables it's best to think about what is backing them and how the maintain their peg rather than where they sit and how much the native chain the sit on charges to transfer them.
I’m aware of what governance and non-governance txns are, cheers. Yes, a majority of Solana’s txns are governance votes, and they are the only chain to include them in max TPS count. That being said, I was using the chain for SPL transfers, staking and installing functions all during the “downtime”, so I’m still confused as to why people claim otherwise. Happy to show you txns I made that occurred during the downtime period 👍
>when moving funds across exchanges be smart and use XLM or ALGO for super cheap and super fast transactions. There's a better way than this using USDC if the exchange supports token standards like SPL, ASA, TRC-20, and soon ARC-20. The advantage is you transfer an asset that isn't going to change in price and possibly results in less swaps and fees. An example of doing this is transferring USDC or UDST from Binance to FTX. Use the SPL version (Solana token) and send to the FTX address (must be the Solana version as well).
what you’re asking about is the token standard. and yes Solana has one and it’s SPL. these token standards (ERC20, BEP20 ..etc) are specific to their own blockchains
Yeah they’re just on ETH. TRON tokens are TRC-20 tokens. Binance Smart Chain has BEP-20 tokens, while the Binance Chain (BNB) has BEP-2 tokens. Solana tokens are called SPL (Solana Program Library) Tokens. If you check out Tether on CoinMarketCap, it gives a list of the contract addresses for each network (that’s probably one of the tokens that appears on the most networks), which will give you a bit of a starting point for finding tokens on other networks.
And that is why one shall find a meme coin with DeFi use cases like SPL tokens on Solana
One of the swiftiest decentralizetion projects that stole one eye from me is Kaddex, and here is a [quick visual presentation](https://twitter.com/KaddeXofficial/status/1473021847155326980/photo/1) for you to see what I saw ! So it will be a DEX, on kadenas L1 bridge, with benefits like getting a % from every transaction if you provide liquidity for the token, all SPL tokens and many more
I would suggest you start using DEX's. Kraken is very good, its support is good - which means a lot, as well as their security is high. Look at kaddex project, that will launch in Q1. The biggest benefit in this project is the fact that you will have available all tokens from all chains. No more wondering, do they support SPL, BEP,... you just do your thing ;)
Kin SPL Token 100%. A Web 3.0 social token is exactly the position you want to have when utility becomes paramount
How can you guys still be bullish about cardano... i believe many of you are heavely invested in it, but still, you had numerous opportunities to get out with profit. Why stick with Ada's slow network and old "functions" while we can ride the wave od Kadena and its fast, secure and soon decentralized exchange KadDex! This will bring all SPL tokens to one place, as well as others in time - all in one place !
There are over 200 native SPL coins within the solana ecosystem. Solana does terrible marketing if this is the trending narrative 🤣
Don't forget the future dex project Kaddex, with which you will be able to provide liquidity for any SPL pool. And we know part of the crypto future lays with Kadena
tldr; A bug in the Solana Program Library (SPL) token lending contract was recently fixed by Neodyme, a security auditing firm. The bug could have affected several decentralized finance protocols holding more than $2 billion in total value locked (TVL). The bug caused a rounding error that delivers more tokens than the ones being deposited by the users to the contract. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
>There is also a coin for Star Atlas — is this coin built off Solana in some way, or is just the game built on it? That's right, they are referred to as SPL tokens (Solana Program Library) similar to an ASA (Algorand Standard Asset) on the Algorand blockchain or an ERC-20 token on Ethereum although I understand that to be a bit more complicated it's the most popular to refer to for comparison purposes. >So if it is all based off Solana, how does the increase of the Star Atlas coin impact the price of Solana? It doesn't, or it shouldn't really as it's it's own project. Imagine this to be similar but nowhere near the same as asking "How does Netflix stock affect the price of Amazon and Microsoft" because they use AWS and Microsoft software. They are their own thing but rely on other tech to survive/exist. But, since this space is so new and these project are in very early days. They are likely to move up or down similarly for now. Price movement on Solana is more likely to influence ATLAS, not the other way around but these are not hard and fast rules. Both are capable of moving in opposite directions as well. >If the Star Atlas coin is completely separate from Solana, then what part of Star Atlas actually is on Solana? Star Atlas will have in-game currency (for payments, trading, income etc.) and a separate token for governance called POL. I would imagine you will be connecting your Solana based (or compatible) wallet in order to log in, spend, earn, trade etc.
I used to like coming here, but the attacks on SOL make me some kind of undesirable. 95% of my portfolio is mSOL (staked Solana on marinade, which ironically helps decentralize the 'centralized' network), or SPL tokens -- you can hold almost any coin in a Phantom wallet. Do we accept people like me again?