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Liquidity update: 𝗦𝗼𝗹𝗮𝗻𝗮 𝘄𝗶𝗻𝗱-𝗱𝗼𝘄𝗻 𝗰𝗼𝗺𝗽𝗹𝗲𝘁𝗲, 𝟭𝟬% 𝗼𝗳 𝗣𝗢𝗟 𝗻𝗼𝘄 𝗹𝗼𝗰𝗸𝗲𝗱 A quick update on where Botto's liquidity stands following BIP-99. Following BIP-99, the $BOTTO liquidity pool on Solana (originally set up under BIP-69) has now been fully removed and bridged back to Ethereum mainnet. This closes out the Solana initiative and consolidates Botto's liquidity into one place, reducing fragmentation and operational overhead. A new v3 liquidity position has been created on Ethereum, and 10% of protocol-owned liquidity has now been permanently locked via UNCX. Lock linked below 🔗 ↓ 𝗜𝗻 𝘀𝘂𝗺𝗺𝗮𝗿𝘆: ✅ Solana pool closed out (BIP-69 → BIP-99) ✅ Liquidity moved back to Ethereum ✅ 10% of protocol-owned liquidity locked via UNCX
Absolutely incredible. In an unprecedented move, South Korea's stock market just collapsed -44% in 40 days, erasing -$2 trillion in market cap. Now, South Korea's finance ministry has announced plans to "stabilize" the market. What is happening? Let us explain. (a thread)