TVL ATH, 90,000 deposit locations, MEMECOIN INDEX and MORE!
Happy Friday everyone! You find me full of Crunchies — and we’re under the cosh as I need to get through this in about 30 minutes — and there’s a lot to get through so strap in!
- Memory lane
- TVL
- Ugly Cash
- AOB + memecoin index
Memory lane
Woah — we’re now going back 4 years (sighs)
2020..
Some highlights
A Vz pharmacy chain were taking payments and someone announced Meta..
2021..
2022..
Hackathon for plugins was a go — and an update on Mexico
TVL was in it’s infancy
2023 — But what’s this — Gabo talking about bff
Well one year on we’ll be having a look at that.
TVL
Yes we hit ATH during the week
Now back at $246M
USD3 has gained slightly and is approaching USDM, which is impressive indeed.
It’s been spotted in curve pools :
Earnings still looking good
Ugly Cash
So this week bff dropped the ability to deposit cash into your Ugly Cash account from 90,000 stores in the US — with just a barcode from the App :
Super neat — so you can go from cash payment to bank deposit without a bank or ATM — local 7/11 is fine — I’m not a burger so I don’nt know what DG is but I think the others are Walgreens, seven 11, CVS chemists, Walmart. Breaking : it’s Dollar General (thanks google Lens). Wow — serious stuff. This is going to really fast track remittances back to Mexico and — El Salvador…
It’s poor quality but the opposition is blown away here
So we’ll probably see Ugly Cash start to roll out now, although Gabo hinted at more this week
So keep an eye out!
AOB
Breaking — memecoin index is brewing
t.me/reservelodge join in at the Lodge and ask to get into the memecoin index telegram group to join in — we need marketers and degens!
Read up on demurrage collateral to learn how this could YIELD!
Basket of 21DOGE, SHIB, PEPE, FLOKI and SPX6900? Yes please! It’s a degen murad ETF in memes. You could get crypto influencers creating their own trading funds of a basket of tokens and holders get yield — battle of the CT guys…. proves the concept of a managed fund RToken before the big assets are available.
Ok what else do we have.. lots — but quickly
Governance
Reserve getting out and about
Soham was great on this panel — be sure to check that out!
Did you spot it and get the bonus Crunchie?
Great partnership rates
Contributooors
And Flamingo is back! Welcome!
Some interesting RTokens brewing..
Devs:
And finally..
Lovely — we’re over time I’m afraid — no more for me.
