blockchain contributer | content creator | dm for collabs | @arc builder | founder- @flashtappp |
Mumbai, India
Joined July 2024
- Tweets12.3K
- Following1.7K
- Followers1.9K
- Likes17.1K
rightnow many new peoples are joining on @arc but they don't know what and how to build
if you are genuinely interested in building on arc, Arc 101 bootcamp by @encodeclub is worth checking out
its a 6 week beginner friendly bootcamp focused on learning the fundamentals of arc and getting comfortable with its stablecoin native infrastructure
a really good way to go from understanding arc to actually building with it
join here
encodeclub.com/programmes/ar…
as i said earlier, $5 just credited today into my @Wahoopredict account
if you haven't joined yet then check my last post and give a try now
join: wahoopredict.com?r=p6-J3wj67…
been checking out @WahooPredict lately and as a retired gambler lol, pretty interested to check another prediction market focused on making event based predictions simple
i’m going to try out a few markets and see how the platform works in practice, 𝗮𝗹𝘀𝗼 𝘁𝗵𝗲𝘆 𝗮𝗿𝗲 𝗰𝘂𝗿𝗿𝗲𝗻𝘁𝗹𝘆 𝗿𝘂𝗻𝗻𝗶𝗻𝗴 𝗮 $𝟱 𝗯𝗼𝗻𝘂𝘀 𝗰𝗮𝗺𝗽𝗮𝗶𝗴𝗻 𝗳𝗼𝗿 𝘂𝘀𝗲𝗿𝘀 𝘄𝗶𝘁𝗵 𝟭𝟱𝟬+ 𝗫 𝗳𝗼𝗹𝗹𝗼𝘄𝗲𝗿𝘀
~ you just need to sign up
~ follow @WahooPredict
~ activate their telegram bot
~ make a post about them
the bonus is added after verification, so rn i am just checking out the prediction markets myself
join now:
wahoopredict.com/bonus?r=p6-…
been checking out @WahooPredict lately and as a retired gambler lol, pretty interested to check another prediction market focused on making event based predictions simple
i’m going to try out a few markets and see how the platform works in practice, 𝗮𝗹𝘀𝗼 𝘁𝗵𝗲𝘆 𝗮𝗿𝗲 𝗰𝘂𝗿𝗿𝗲𝗻𝘁𝗹𝘆 𝗿𝘂𝗻𝗻𝗶𝗻𝗴 𝗮 $𝟱 𝗯𝗼𝗻𝘂𝘀 𝗰𝗮𝗺𝗽𝗮𝗶𝗴𝗻 𝗳𝗼𝗿 𝘂𝘀𝗲𝗿𝘀 𝘄𝗶𝘁𝗵 𝟭𝟱𝟬+ 𝗫 𝗳𝗼𝗹𝗹𝗼𝘄𝗲𝗿𝘀
~ you just need to sign up
~ follow @WahooPredict
~ activate their telegram bot
~ make a post about them
the bonus is added after verification, so rn i am just checking out the prediction markets myself
join now:
wahoopredict.com/bonus?r=p6-…
Is @RaylsLabs BRL1.p really backed 1:1? I checked both chains.
Onchain: yes. 250,013.48 BRL1 sits in a polygon vault against 250,013.48 BRL1.p on rayls.
Behind it: reserves claimed at 111% in a report that says it isn't independently audited and one wallet controls the bridge settings.
What changes in practice: BRL1.p to BRL1 is redeemable on the bridge page in about 2 minutes, with the fee paid in USDr (per the rayls team).
BRL1 to reais then goes through the consortium: partners burn BRL1 for a fiat deposit and retail users go through exchanges.
Fees and times for that step aren't published (as per the team).
Still unconfirmed:
1. any independent audit of BRL1's reserves
2. today's reserve ratio
3. who holds the bridge wallet
4. what the pilot vault will hold
5. fees and times for BRL1 to reais
6. who the burner and minter wallets are
Sources:
docs.rayls.com/docs/get-brl1… (docs)
dapp.rayls.com/brl1p (bridge page)
Takeaway: BRL1.p is backed 1:1 by BRL1 in a vault anyone can check.
Whether BRL1 is backed by reais rests on an unaudited internal report, and the bridge and pilot answer to one wallet.
Rayls docs describe a tokenised deposit as issued by an institution inside its own ledger. Here the claim runs through four layers.
Docs: docs.rayls.com/docs/get-brl1…
Tokenised deposits: docs.rayls.com/docs/rayls-no…
Bridge: dapp.rayls.com/brl1p
Vaults: dapp.rayls.com/vaults
BRL1 token: polygonscan.com/token/0x5C06…
Vault: polygonscan.com/address/0x3E…
BRL1.p: explorer.rayls.com/token/0xA…
Pilot contract: explorer.rayls.com/address/0…
Report block: polygonscan.com/block/947771…
indian @arc-hitects and buildors get ready for thursdays weekly regional office hourss 🇮🇳
see y'all on 22oct at 9pm, do grab your seatss now before it gets full
community.arc.io/home/clubs/…
The Rayls chain has an RLSAccumulator contract: 12 deposits totaling 18,050,010 RLS from one address, no outgoing transfers, and no burn call among its 13 transactions. The token page shows a balance of 778,797 RLS, and an earlier holders view showed 1,009,423.
I couldn't find how RLS leaves it. Unconfirmed.
Sources:
explorer.rayls.com/address/0… (13 transactions)
Still unconfirmed:
• any burn on the rayls chain (i found none)
• where the accumulator's RLS goes
• whether fees really buy RLS on the market
• the ~1 RLS gap
• circulating supply: dashboard 1.92B vs about 1.82B implied by Etherscan's market cap
Sources:
Dashboard Circulating Supply card: 1,924,086,353.88 dapp.rayls.com/transparency ($RLS tab)
etherscan.io/token/0xB5F7b02…
Takeaway: the burn is real, but the dashboard gives you the number and etherscan shows who can change it.
Check it yourself: the $RLS token page (supply), safe 0x73Bd…9589 (transfers to null), and fee wallet 0x8C37…246c2
Sources:
dapp.rayls.com/transparency
explorer.rayls.com/
etherscan.io/token/0xB5F7b02… (RLS token supply)
dapp.rayls.com/transparency ($RLS tab, total burnt)
etherscan.io/address/0x73Bd2… The burn safe (who and what)
etherscan.io/address/0x8C377… (the fee wallet)