Bitcoin Net PnL turned negative first time since September 2020

The daily #Bitcoin Spent Output Profit Ratio (SOPR) has seen a full reset, and turned negative for the first time in five months – investors were on average moving BTC at a slight loss, indicating profit-taking has abated.

Eyes on $SXP mid term

Huge one for $BTC

USDC supply has more than doubled since the start of the year. Total USDC supply passed 9 billion on February 28th after passing 8 billion just six days earlier.

Another 12k Bitcoin outflow from Coinbase.

YFDAI has released the second installment of their four-part SafeSwap Token deep dive that outlines the SSGT airdrops and related bonuses.

🌎SSGT Airdrop: The first SSGT airdrop is for all YF-DAI holders, stakers, and farmers. The more YF-DAI a user has, the more SSGT they will be able to claim in the airdrop.

✔ Eligibility:
• YF-DAI Holders/stakers/farmers who purchase before Mar. 9th will receive the most SSGT per YF-DAI
• Those acquiring YF-DAI between Mar. 9th – Mar. 16th will still receive SSGT
• Those acquiring YF-DAI after March 16th will not qualify for the airdrop

💰Bonuses: There are 3 loyalty bonuses, including a pro-rata share of a $100k prize pool of YF-DAI.

🔮Future Claimable SSGT Rewards: Starting in April, YFDAI will be offering SSGT rewards to (1) SafeSwap users, and (2) top token holders of key SafeSwap-listed projects.

Full details in the YFDAI Medium post belowl

https://yfdaifinance.medium.com/ssgt-in-depth-analysis-airdrops-and-loyalty-bonuses-ef429233b00

YFDAI has released their third installment of their four-part SafeSwap Token deep dive that outlines SSGT token utilities, NFT rewards, and governance!

⛏ SSGT Utilities:

1. DAO Governance: 2500 SSGT req. to vote
2. SafeSwap Liquidity Rewards: Liquidity Providers can use LP tokens to earn SSGT
3. Staking Rewards: SSGT staking rewards 72% / yr
4. Pre-sales Allocation Bonus: Staking or farming an equivalent amount of SSGT as YF-DAI for at least 60 days will increase a user's pre-sale allocation by up to 20%

💰NFT Rewards for Liquidity Providers: Liquidity providers will receive an income-generating NFT to collect a % of fees from SafeSwap Trading, SafeSwap Advertising, SafePredict, and Borrowing & Lending

🗳Governance: 2500 SSGT = 25 voting NFTs used to cast votes. These NFTS are held in a wallet in Collab.land.

Details in YFDAI Medium post.

https://yfdaifinance.medium.com/ssgt-in-depth-analysis-token-utilities-nft-rewards-and-governance-441aa351307e

Implied bitcoin volatility resets to early January levels.

Implied volatility usually increases in bearish markets and decreases when the market is bullish.

BSC Project Meerkat Finance Allegedly Rug Pulls Nearly $32 Million in BUSD & BNB.

Don't invest in these scams guys. Find and undervalued and Legit Binance Smartchain project like Venus $XVS and long term hold or else you risk your hard earned money.

Another large increase in Bitcoin illiquid supply. Strong holders are ramping up their positions despite the sell-off.

https://accounts.binance.com/en/register?ref=WMWO7A6B

Create a Binance account with the link above for 20% discount on fees

YFDAI has released their final installment of the SSGT deep dive that summarizes the series.

💻 SSGT @ Listing:

• Pre-sale: $0.05/token (1.125% supply)
• Public sale: $0.075/token (1.5% supply)
• Listing Price: $0.11
• Market Cap at Launch: $413,438
• Full Token Metrics link: shorturl.at/fuzA7

The Pre-sale and public sale will be exclusively on YFDAI LaunchPad. Pre-sale is only available to those staking/farming YF-DAI.

🌎 SSGT Airdrop: The first SSGT airdrop is for all YF-DAI holders, stakers, and farmers. The more YF-DAI you have, the more SSGT you can claim.

✔ Eligibility: Hold/stake/farm YF-DAI before Mar. 9th to receive the most SSGT per YF-DAI. March 16th is final qualifying date for airdrop.

💰Bonuses: There are 3 loyalty bonuses, including a NFT and pro-rata share of a $100k prize pool of YF-DAI.

Details in Medium post.

YFDAI Team

https://yfdaifinance.medium.com/ssgt-in-depth-analysis-summary-and-key-takeaways-701af8ec9374

PAID, the native token of PAID Network, a DeFi-focused protocol, crashed by almost 80% in less than an hour on major exploit news.

Per multiple analysts on social media, the exploit is worth around USD 100m.

"Paid Network $PAID got exploited. Someone just printed 51M $PAID," ICO Analytics said.

"Looks like casual rug pull. PAID deployer made an attacker the owner of PAID admin contract. This attacker deployed a new implementation contract for PAID token and minted almost 60M tokens," Igor Igamberdiev, a research analyst at The Block, said.

Twitter account WarOnRugs predicted this would happen more than a month ago.

YFDAI has announced their very first LaunchPad project set to launch next week, ImpulseVen.

🚀ImpulseVen’s mission is to make DeFi solutions accessible to all through a single dashboard, including lending, staking, farming, arbitrage trading and its DEX

☑️Eligibility: ImpulseVen’s (VEN) Initial Launchpad Offering will be exclusively for YFDAI’s stakers and farmers and their DuckDAO fundraising partners

💵Pre-Sale Allocation: Is based on the total amount of YF-DAI staked/farmed, multiplier based on staking/farming duration, and the relevant project cap

🖥VEN Tokenomics:

• Pre-sale: $0.475/token (17% supply)
• Public sale: $0.75/token (3% supply)
• Pre-Sale @ TGE: 20% unlocked at TGE, 6 month distr. total
• Circ. Supply @ Launch: 1.78 million tokens

The more YF-DAI you stake/farm, the higher your VEN allocation.

🔊Watch the first ILO video: https://www.youtube.com/watch?v=S668IpoNNyM

YFDAI Team

https://yfdaifinance.medium.com/yfdai-announces-impulseven-as-first-launchpad-project-cbb9ce948cf4

Great news for $BTC

The Senate has just passed the $1.9 trillion Covid 19 relief package...

Chinese tech company Meitu has announced that they have purchased $40M worth of crypto including 380 BTC ($17.9M) and 15,000 ETH ($22.1M)

Vikingswap $viking just rug pulled. These scams rug pull one after another. DON'T INVEST INTO SCAMS. You won't be rich overnight, but you'll lose all your hard earned money in a matter of seconds.

The first week of March ends on a positive note. However the next two weeks are something to watch out for.