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Home Bitcoin

DeFi Venture Mercurial Plots Revamp and New Tokens Following ‘Poisonous’ Affiliation With FTX

by cryptostandard
in Bitcoin
Reading Time: 1 min read
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“In abstract, the one liquid tokens out there got here from Alameda Market Making (3%), IEO/IDO individuals (0.3%), non-public buyers (1.6%) and the liquidity mining rewards for our secure swimming pools,” the staff acknowledged. This created fixed sell-side liquidity for MER tokens on the open market, which is now deemed detrimental given the troubles at Alameda and FTX.



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