Big conclusion from Accelerate:
All assets - equities, bonds, money markets, cryptoassets - will eventually be traded and settled in their most capital-efficient form.
And that's going to be onchain, on @solana.
Five and a half years ago, @crispheaney, @bigz_Pubkey, @davijlu and I set out on a weird, winding, and wonderful journey to build a perpetual futures exchange. The crypto market structure was extremely immature then. Perps were just starting out, most DeFi users were paying $200
Velocity’s Private Beta is now live.
This relaunch has been a huge effort from the team and all of our partners in redesigning security and performance from first principles.
Super proud of the team for getting us here and grateful to everyone for continuing to support us
Today we published a protocol update, providing the latest on where we are on relaunch and a path to user recovery.
Excited to announce that @redacted_noah, one of Solana’s top smart contract engineers, will be joining Drift as Head of Protocol and previous members of the
Today marks a new chapter for @DriftProtocol x @tether, built on resilience and trust.
We will be coming back stronger than ever, and giving our 110% every time.
Tether Leads Support to the $150M Drift Recovery Plan, Stabilizes Relaunch as Drift Plans to Expand USD₮ Usage on Solana
Read more:
tether.io/news/tether-le…