Discover and read the best of Twitter Threads about #NECC

Most recents (2)

Dec 27th 2021
1/ 🧵 A Detailed Thread on $NECC 🧵

Thanks to @cvxvxxgvd @AnonUser_404 and other $aurora ecosystem maxis … I’m becoming one myself.

I’ve decided that I am going to provide you with pure alpha and explain the plays I’ll be investing in šŸ¤

Enjoy! Only invest at your own risk āš ļø
2.1/ Introduction - wtf is #NECC ?

No, I’m not talking about @Tradermayne extraordinarily large body part, I mean the ā€œyield-bearing, fully collateralised stablecoin protocolā€.

Essentially, deposited collateral is lent out to long/short traders to allow for up to 50x leverage
2.2/

The stablecoin is $NDOL and this is can be minted by depositing a whitelisted collateral. It is minted by a ratio of 1:1 to the collateral’s USD value.

NDOL retains its value against trading by seizing the traders’ collateral, upon volatility and price increase.
Read 17 tweets
Jul 4th 2021
@ArmitageJim @premnsikka. 1/ The Times’s @RobertEJWatts writes ā€˜Companies House under fire as fake firms get seal of ā€˜approval’ for just Ā£12. Bogus crypto business highlights the failings of Companies House.’ Fraud & #MoneyLaundering are endemic in the UK Financial system, …
2/ the ā€˜5 figure apparatchiki’ at @theFCA(FSA) has turned a blind eye for decades + UK fraud/racketeering laws are so weak + unenforceable that the ā€˜5 figure apparatchiki’ at the #NECC/#NCA, #SFO & @CPSUK have seemingly given up criminally prosecuting fraudsters (with …
3/ spiffy QC’s). The solution is straightforward but unpalatable for the ā€˜5 figure apparatchiki’ & their chums that benefit from the current ā€˜situation’: 1. Implement USA style Wirefraud/RICO laws & hard sentences as a REAL deterrent. 2. Require all UBO’s to be people & have …
Read 4 tweets

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