#Binance #BNB
21st BNB Burn
Total BNB burned: 2,065,152.42 BNB [~547,265,280 USD]
MCap - $43.34B
Circ. Supply - 163M BNB
Target - 100M BNB
——
20th BNB Burn:
Total BNB burned: 1,959,595.29 BNB [~$444,632,106 USD]
• Binance
——
🪆Перевод
21st BNB Burn
Total BNB burned: 2,065,152.42 BNB [~547,265,280 USD]
MCap - $43.34B
Circ. Supply - 163M BNB
Target - 100M BNB
——
20th BNB Burn:
Total BNB burned: 1,959,595.29 BNB [~$444,632,106 USD]
• Binance
——
🪆Перевод
Binance Blog
21st BNB Burn | Binance Blog
BNB Chain has completed its 21st BNB burn and last quarterly burn of 2022. The burn includes the Auto-Burn feature, Pioneer Burn Program, and a portion of gas fees burned in every transaction.
#cz_binance #nice
💪 💪
CZ’s Principles
1. General Principles
- Be Fair
Do not take advantage of others and do not let others take advantage of you.
- Build long term, win-win, relationships or deals
Short term successes are small.
- Avoid “bad” relationships
There are unethical/toxic people.
- Ethical
Never cross ethical boundaries.
- Focused
Success does not come from how many things you do. It comes from how well you do on a very few selected things.
- Positive
“What do you do when you walk to the bottom of a valley? Just keep walking, and you will get out of it.”
- Own It
The right mentality is a prerequisite to success in life. Be responsible and be proud of what you do.
- Learn Constantly
The world is evolving. Read books. Live in different cities. Have a worldview.
2. Understand the World
Understanding how the world works is obviously important if one wishes to achieve any level of success. We live in a human world. Everyone has a different version of the world in their head. Ie, everyone lives in a different world. Understand their world.
3. Decision Making Framework
Making good decisions is a skill that can be practiced.
- First Principles
If the decision touches one of the core principles, then follow the principles.
- Small vs Big
Small decision, make it quickly or delegate it, and move on. Big decisions, gather data, discuss in a group, and then sleep on it for 24 hours.
- Reversible vs Permanent
Some decisions are reversible, like developing a new product feature.
Some decisions are not easy to reverse, like a big up front payment for a sponsorship deal, M&A of a large company that we plan to integrate with our team, etc.
- Do I Have Expertise?
If it is something I know well, or have background information, things like tech, product, then I can make decisions more quickly. In areas I don’t know well, like marketing, I would either have to delegate or involve other experts or make the decisions more carefully.
- Sufficient Information
The last thing to ask is, do I/we have sufficient information.
4. Team and Organization
- Team over self
- Shuffle Teams Frequently
Don’t let the organization get stale.
- Internal Competition is Fine
- Controlled Chaos is a Type of Structure
- Do Local Team Building Often
- Give Feedback
- Not So Many Verbal Compliments
If we make a big deal out of each “little” accomplishment, it feels like we are setting a low bar.
- Escalations vs Rumors
- Bottom Out
“Team, not family”
5. Hiring
Hire the best people, always.
- Passion
- Hiring Hungry People
- Do-ers vs Talkers
- Hire with a Goal
- No Titles
- Mission over Money
- When in doubt, don’t hire.
6. Leadership Style
- Don’t try to motivate people who are not self motivated.
- Never micro-manage
- Qualification for Interviews, Results Afterwards
- Do: Work hard, stick to our values, and lead by example.
7. Targets, OKR/KPIs
Use output metrics, not input metrics
- Don’t take targets too seriously
8. Business Deals
- Keep deals simple
- Say No Early
- No exclusivity
Don’t sign exclusive contracts.
- Termination
Always have a termination clause in the contract.
- Always have limited liability
- No special cases
9. Passive BD, Go for Low Hanging Fruits
I usually don’t chase big clients or partners. I like to spend time working with the top firms that come to us.
10. Work Style - Don’t Waste Time
- Say No Early and Often
11. Communication
- Be Concise and Direct
- Write Concisely
- Use the most efficient method/tool possible.
- Avoid Communication Chains
- Use IM for synchronization, or work coordination.
- Use one message instead of many.
- Don’t use IM for arguments
- Too Much Communication is Bad
- Ask Questions With Context
12. Meetings
Don't waste time, discuss only the very essence at meetings
13. Products & Delivery
- Scalable Products Only
- Focus on Users
14. PR
- No Big-Bang launches
- Don’t PR empty MOUs or LOIs.
- No delayed PRs, announce when ready.
- Respond to Journalists
- Respond To Negative News, Quickly
15. Rest, Stay Calm & Relax
- Sleep
- Calm
- Relax & Fun
• Binance
——
🪆Перевод
CZ’s Principles
1. General Principles
- Be Fair
Do not take advantage of others and do not let others take advantage of you.
- Build long term, win-win, relationships or deals
Short term successes are small.
- Avoid “bad” relationships
There are unethical/toxic people.
- Ethical
Never cross ethical boundaries.
- Focused
Success does not come from how many things you do. It comes from how well you do on a very few selected things.
- Positive
“What do you do when you walk to the bottom of a valley? Just keep walking, and you will get out of it.”
- Own It
The right mentality is a prerequisite to success in life. Be responsible and be proud of what you do.
- Learn Constantly
The world is evolving. Read books. Live in different cities. Have a worldview.
2. Understand the World
Understanding how the world works is obviously important if one wishes to achieve any level of success. We live in a human world. Everyone has a different version of the world in their head. Ie, everyone lives in a different world. Understand their world.
3. Decision Making Framework
Making good decisions is a skill that can be practiced.
- First Principles
If the decision touches one of the core principles, then follow the principles.
- Small vs Big
Small decision, make it quickly or delegate it, and move on. Big decisions, gather data, discuss in a group, and then sleep on it for 24 hours.
- Reversible vs Permanent
Some decisions are reversible, like developing a new product feature.
Some decisions are not easy to reverse, like a big up front payment for a sponsorship deal, M&A of a large company that we plan to integrate with our team, etc.
- Do I Have Expertise?
If it is something I know well, or have background information, things like tech, product, then I can make decisions more quickly. In areas I don’t know well, like marketing, I would either have to delegate or involve other experts or make the decisions more carefully.
- Sufficient Information
The last thing to ask is, do I/we have sufficient information.
4. Team and Organization
- Team over self
- Shuffle Teams Frequently
Don’t let the organization get stale.
- Internal Competition is Fine
- Controlled Chaos is a Type of Structure
- Do Local Team Building Often
- Give Feedback
- Not So Many Verbal Compliments
If we make a big deal out of each “little” accomplishment, it feels like we are setting a low bar.
- Escalations vs Rumors
- Bottom Out
“Team, not family”
5. Hiring
Hire the best people, always.
- Passion
- Hiring Hungry People
- Do-ers vs Talkers
- Hire with a Goal
- No Titles
- Mission over Money
- When in doubt, don’t hire.
6. Leadership Style
- Don’t try to motivate people who are not self motivated.
- Never micro-manage
- Qualification for Interviews, Results Afterwards
- Do: Work hard, stick to our values, and lead by example.
7. Targets, OKR/KPIs
Use output metrics, not input metrics
- Don’t take targets too seriously
8. Business Deals
- Keep deals simple
- Say No Early
- No exclusivity
Don’t sign exclusive contracts.
- Termination
Always have a termination clause in the contract.
- Always have limited liability
- No special cases
9. Passive BD, Go for Low Hanging Fruits
I usually don’t chase big clients or partners. I like to spend time working with the top firms that come to us.
10. Work Style - Don’t Waste Time
- Say No Early and Often
11. Communication
- Be Concise and Direct
- Write Concisely
- Use the most efficient method/tool possible.
- Avoid Communication Chains
- Use IM for synchronization, or work coordination.
- Use one message instead of many.
- Don’t use IM for arguments
- Too Much Communication is Bad
- Ask Questions With Context
12. Meetings
Don't waste time, discuss only the very essence at meetings
13. Products & Delivery
- Scalable Products Only
- Focus on Users
14. PR
- No Big-Bang launches
- Don’t PR empty MOUs or LOIs.
- No delayed PRs, announce when ready.
- Respond to Journalists
- Respond To Negative News, Quickly
15. Rest, Stay Calm & Relax
- Sleep
- Calm
- Relax & Fun
• Binance
——
🪆Перевод
Please open Telegram to view this post
VIEW IN TELEGRAM
Binance Blog
CZ’s Principles | Binance Blog
Discover and learn from the principles CZ shares with Binance and its employees.
#UNI
Value - $1.66B
Mcap - $4.50B
Bringing Web3 to Everyone
Uniswap Labs is bringing the powerful simplicity and security that has defined the Uniswap Protocol to even more people across the world by investing in our web app and developer tools, launching NFTs, moving into mobile — and more!
To support this growth, I’m so excited to announce that we’ve raised $165 million in Series B funding, led by Polychain Capital and with participation from longtime investors a16z crypto, Paradigm, SV Angel, and Variant.
• Uniswap
——
🪆Перевод
Value - $1.66B
Mcap - $4.50B
Bringing Web3 to Everyone
Uniswap Labs is bringing the powerful simplicity and security that has defined the Uniswap Protocol to even more people across the world by investing in our web app and developer tools, launching NFTs, moving into mobile — and more!
To support this growth, I’m so excited to announce that we’ve raised $165 million in Series B funding, led by Polychain Capital and with participation from longtime investors a16z crypto, Paradigm, SV Angel, and Variant.
• Uniswap
——
🪆Перевод
#CPI
CPI YoY: 8.2%
In September, the Consumer Price Index for All Urban Consumers increased 0.4 percent, seasonally adjusted, and rose 8.2 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.6 percent in September (SA); up 6.6 percent over the year (NSA).
——
🪆Перевод
CPI YoY: 8.2%
In September, the Consumer Price Index for All Urban Consumers increased 0.4 percent, seasonally adjusted, and rose 8.2 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.6 percent in September (SA); up 6.6 percent over the year (NSA).
——
🪆Перевод
#USDT #stablecoins #nice
Tether just reached 0 commercial paper
Tether is proud to announce that we have completely eliminated commercial paper from our reserves. This is evidence of our commitment to back our tokens with the most secure, liquid reserves in the market.
Tether has eliminated over $30 billion dollars of commercial paper without any losses, a proof of how Tethers’ reserves are conservatively and professionally managed. Tether has also increased its direct exposure to US Treasuries by more than $10 billion in the last quarter.
——
Also:
DeFi Protocol MakerDAO Puts $500 Million in Treasuries, Bonds
• USDT • DAI
——
🪆Перевод
Tether just reached 0 commercial paper
Tether is proud to announce that we have completely eliminated commercial paper from our reserves. This is evidence of our commitment to back our tokens with the most secure, liquid reserves in the market.
Tether has eliminated over $30 billion dollars of commercial paper without any losses, a proof of how Tethers’ reserves are conservatively and professionally managed. Tether has also increased its direct exposure to US Treasuries by more than $10 billion in the last quarter.
——
Also:
DeFi Protocol MakerDAO Puts $500 Million in Treasuries, Bonds
• USDT • DAI
——
🪆Перевод
#Binance
💪💪
Binance Pool To Support BTC Mining Industry With a $500M Miner Lending Project
1. Eligible borrowers will be required to agree to our terms & conditions, including but not limited to:
a. an 18 to 24-month term
b. interest rates ranging from 5% to 10%; and
c. offering security, either physical or digital assets, satisfactory to Binance.
2. Binance Pool intends to launch cloud mining products.
——
Before:
CZ about Celsius, Voyager etc.: “Many of them, they just take a user’s money and give it to somebody else. There’s not a lot of intrinsic value. In that case, what’s to acquire? We want to see real products that people use.”
• Binance | CZ
——
🪆Перевод
💪💪
Binance Pool To Support BTC Mining Industry With a $500M Miner Lending Project
1. Eligible borrowers will be required to agree to our terms & conditions, including but not limited to:
a. an 18 to 24-month term
b. interest rates ranging from 5% to 10%; and
c. offering security, either physical or digital assets, satisfactory to Binance.
2. Binance Pool intends to launch cloud mining products.
——
Before:
CZ about Celsius, Voyager etc.: “Many of them, they just take a user’s money and give it to somebody else. There’s not a lot of intrinsic value. In that case, what’s to acquire? We want to see real products that people use.”
• Binance | CZ
——
🪆Перевод
Binance Blog
Binance Pool To Support BTC Mining Industry With a $500M Miner Lending Project | Binance Blog
Binance Pool recently unveiled a $500-million fund to support BTC mining and infrastructure providers. Read on to learn more about its efforts to bolster the mining industry.
#TRX #BTTC #huobi #justinsuntron
We will merge #TRON and #BitTorrent Chain ecosystem with Heco. We will deploy sufficient capital to encourage all Heco developers to build on #TRON and #BitTorrent Chain together. Let's build!
——
Before:
Crypto’s Justin Sun Says He Owns ‘Tens of Millions’ Huobi Tokens [Largest holder]
|
74 million HT of Huobi’s two official wallets have been transferred to two new addresses on October 13, and the first transactions were from Justin Sun’s poloniex. The HT officially held by Huobi is may part of the acquisition of Huobi Exchange and has been handed over to Justin Sun.
• Justin Sun | Millions — 1 • 2
——
🪆Перевод
We will merge #TRON and #BitTorrent Chain ecosystem with Heco. We will deploy sufficient capital to encourage all Heco developers to build on #TRON and #BitTorrent Chain together. Let's build!
——
Before:
Crypto’s Justin Sun Says He Owns ‘Tens of Millions’ Huobi Tokens [Largest holder]
|
74 million HT of Huobi’s two official wallets have been transferred to two new addresses on October 13, and the first transactions were from Justin Sun’s poloniex. The HT officially held by Huobi is may part of the acquisition of Huobi Exchange and has been handed over to Justin Sun.
• Justin Sun | Millions — 1 • 2
——
🪆Перевод
Twitter
We will merge #TRON and #BitTorrent Chain ecosystem with Heco. We will deploy sufficient capital to encourage all Heco developers to build on #TRON and #BitTorrent Chain together. Let's build!
#APT #aptos
Aptos Autumn is Here
After more than four years of hard work, hundreds of contributions from builders, and hundreds of diverse community projects across the globe, we have arrived at Aptos Mainnet.
——
Every exchange will list APT
Trading starts: October 19, 2022 at 1am (UTC)
I. Binance Will List Aptos (APT)
Binance Futures Will Launch USDⓈ-M APT and QNT Perpetual Contracts with Up to 25X Leverage
II. FTX will list Aptos (APT) spot market
III. Coinbase will add support for Aptos (APT) on the Aptos network
• Aptos | Binance • FTX • Coinbase • Upbit
——
🪆Перевод
Aptos Autumn is Here
After more than four years of hard work, hundreds of contributions from builders, and hundreds of diverse community projects across the globe, we have arrived at Aptos Mainnet.
——
Every exchange will list APT
Trading starts: October 19, 2022 at 1am (UTC)
I. Binance Will List Aptos (APT)
Binance Futures Will Launch USDⓈ-M APT and QNT Perpetual Contracts with Up to 25X Leverage
II. FTX will list Aptos (APT) spot market
III. Coinbase will add support for Aptos (APT) on the Aptos network
• Aptos | Binance • FTX • Coinbase • Upbit
——
🪆Перевод
Medium
Aptos Autumn is Here
We welcome everyone to participate in this movement aimed to bring the masses to web3. After more than four years of hard work, hundreds of…
Newsmaker.сlub
#APT #aptos Aptos Autumn is Here After more than four years of hard work, hundreds of contributions from builders, and hundreds of diverse community projects across the globe, we have arrived at Aptos Mainnet. —— Every exchange will list APT Trading…
#APT
Aptos Tokenomics Overview
Initial Supply
Mainnet was launched on October 12, 2022. The initial total supply of Aptos tokens (APT) at mainnet was 1 billion tokens. APT will have 8 digits of precision as part of the fraction where the minimal unit is called an Octa.
Distribution Schedule for Core Contributors and Investors
All investors and current core contributors are subject to a four-year lock-up schedule, excluding staking rewards if applicable, from mainnet launch that unlocks according to the following schedule:
- No APT available for the first twelve months
- 3/48ths of such tokens unlock on the 13th month after mainnet launch and each month thereafter up to and including the 18th month
- 1/48th of the tokens unlock each month thereafter beginning on the 19th month after mainnet launch so that all such tokens are unlocked on the four-year anniversary of mainnet launch
Estimated Token Supply Schedule
Today, more than 82% of the tokens on the network are staked across all categories, and a majority of these are currently locked in accordance with the distribution schedule above and not available for release
• Aptos
——
🪆Перевод
Aptos Tokenomics Overview
Initial Supply
Mainnet was launched on October 12, 2022. The initial total supply of Aptos tokens (APT) at mainnet was 1 billion tokens. APT will have 8 digits of precision as part of the fraction where the minimal unit is called an Octa.
Distribution Schedule for Core Contributors and Investors
All investors and current core contributors are subject to a four-year lock-up schedule, excluding staking rewards if applicable, from mainnet launch that unlocks according to the following schedule:
- No APT available for the first twelve months
- 3/48ths of such tokens unlock on the 13th month after mainnet launch and each month thereafter up to and including the 18th month
- 1/48th of the tokens unlock each month thereafter beginning on the 19th month after mainnet launch so that all such tokens are unlocked on the four-year anniversary of mainnet launch
Estimated Token Supply Schedule
Today, more than 82% of the tokens on the network are staked across all categories, and a majority of these are currently locked in accordance with the distribution schedule above and not available for release
• Aptos
——
🪆Перевод
Newsmaker.сlub
#APT Aptos Tokenomics Overview Initial Supply Mainnet was launched on October 12, 2022. The initial total supply of Aptos tokens (APT) at mainnet was 1 billion tokens. APT will have 8 digits of precision as part of the fraction where the minimal unit is…
#APT
Want to pump, without shorts?
Exclusive: Aptos asked major exchanges not to list perpetual contracts within 2 weeks, but Binance announced that APTUSDT perpetual contracts will be listed on October 19th. Aptos is urgently persuading Binance to stop.
• Wu Blockchain
——
🪆Перевод
Want to pump, without shorts?
Exclusive: Aptos asked major exchanges not to list perpetual contracts within 2 weeks, but Binance announced that APTUSDT perpetual contracts will be listed on October 19th. Aptos is urgently persuading Binance to stop.
• Wu Blockchain
——
🪆Перевод
Newsmaker.сlub
#APT Want to pump, without shorts? Exclusive: Aptos asked major exchanges not to list perpetual contracts within 2 weeks, but Binance announced that APTUSDT perpetual contracts will be listed on October 19th. Aptos is urgently persuading Binance to stop.…
GM
→ Exchanges started trading APT
Price - $7.8 ATL - $6.6
MCap - $1.01B [FDV - $7.8B]
Circ. Supply - 130.0M APT [Total supple - 1.0B APT]
APTOS airdropped 20,076,150 APT tokens to 110,235 early network participants (300 and 150 APT)
→ LUNC community decided that they were burning LUNC too fast and lowered the tax burn from 1.2 to 0.2%. Binance has already supported.
Also, Do Kwon says charges ‘politically motivated,’ refuses to reveal location, cause he is "not on the run".
→ US Regulators Probing Bankrupt Crypto Hedge Fund Three Arrows Capital
CFTC, SEC probing a range of possible legal violations
Zhu Su: «I'm not on the run» soon…
→ FTX US, SBF Are Subject of Probe by Securities Regulator.
Also. SBF Says He Won’t Spend $1B on Political Races—Despite 'Dumb Quote'
APTOS claim • faucet | LUNC • Do Kwon | 3AC | FTX • SBF
——
🪆Перевод
→ Exchanges started trading APT
Price - $7.8 ATL - $6.6
MCap - $1.01B [FDV - $7.8B]
Circ. Supply - 130.0M APT [Total supple - 1.0B APT]
APTOS airdropped 20,076,150 APT tokens to 110,235 early network participants (300 and 150 APT)
→ LUNC community decided that they were burning LUNC too fast and lowered the tax burn from 1.2 to 0.2%. Binance has already supported.
Also, Do Kwon says charges ‘politically motivated,’ refuses to reveal location, cause he is "not on the run".
→ US Regulators Probing Bankrupt Crypto Hedge Fund Three Arrows Capital
CFTC, SEC probing a range of possible legal violations
Zhu Su: «I'm not on the run» soon…
→ FTX US, SBF Are Subject of Probe by Securities Regulator.
Also. SBF Says He Won’t Spend $1B on Political Races—Despite 'Dumb Quote'
APTOS claim • faucet | LUNC • Do Kwon | 3AC | FTX • SBF
——
🪆Перевод