Daily Crypto NewsEDITION #437, 22 November 2022

Gem City punishes scammers

Hey Moni Maker 🍀

Today they rolled out the proposal in Gem City DAO aimed to fight scammers. This time, citizens suggested not only eviction to Bank City and 1000 gems fine but also forced crypto YouTube scams watching as a punishment.

The Human Rights Gem City Center spoke out against this proposal because it's even worse than torture from Medieval Times.

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THE WORLD WILL BE DESTROYED IF YOU MISS THEM

ACTUAL EVENTS

– Probably (Spin?) airdrop

– AnotherBlock x Moni Talks premint

– Across 28 November - a token

– Sui Ecosystem activity

MR WHITE

WHITELISTS TO FOLLOW

– SNS form

– Delta Money form

Mr Musk, why is your Twitter full of scams?!

Breath in. Hodl. We gonna cover Aptos once again but let’s take a look from the scam’s point of view. Hm…Ok. Aptos feels ok, but Twitter promotes a scam that tries to play as Aptos. Correct!

Plz, check the pic attached to this post. You can see “APT Name Services” selling domains in the Aptos ecosystem. It’s a 100% SCAM. The genuine service is called Aptos Names.

It’s (not) funny Twitter let scammers trick followers and then live this life sitting pretty. Scammers make money pretending to be NFT collections, DeFi projects, Metaverses, etc. Even real OGs take the bait being whales; how can little fishes survive? No way.

So always bear in mind to recheck 100 times your wallet connections. Even Google and Twitter can bring some scams to your table.

Take cake!

#MONIMAKER

Spin will become airdropped! Wen?

Yesterday the Spin team broke the silence to roll out the airdrop hopium. Yes, it will be. No, we know nothing. That's why you should DYOR the project once again to grab airdrop, ok?

The link is here

Good luck!

#APEORHATE

IVX: GMX style but options on da board

What do we have today? AMM on Arbitrum! Let’s start, yo?

IVX is an AMM that works on Arbitrum and focuses on options, just like adults in traditional finance. Since AMM does not work on a buyers/sellers basis like CEX, but uses pools and liquidity providers, the following problems arise:

- Incorrect pricing

- Costs

- Reliability Delta

Previously, these factors led to aggressive liquidity mining, rewards and ponzinomics. IMX, on the
other hand, has rolled out their solutions to this problem:

- Using Arbitrum provides the necessary high computing power at a low cost

- Delta hedging with GMX

Looks interesting, so explore it and write your opinion.

📑 Docs

🌐 Twitter

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#MONIMAKER