You saw the chart of $SYRUP and wonder what it is?
My thread from 09/24 gives you the Basics but some things changed since then:
Migration from MPL to SYRUP with 1:100 Split.
- New Chart
- Lower Unit Bias
- Non migrated Tokens got burned
TVL grew to $2.5 Billion mostly driven by SyrupUSDC which had just launched
Fees grew to 1 Million / Month and are used to buyback $SYRUP that go Stakers
Partnership with Cantor Fitzgerald to secure their Bitcoin Loans.
Launch of $HYPE as Collateral which is especially interesting for Institutions and HYPE Whales.
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