Nevertheless, we are proud to introduce four new partnerships that will help to bolster the Flickto mission.

We have been lucky enough to develop a partnership with ABCD. ABCD are the African Blockchain Centre for Development and their focus is on stimulating the establishment and growth of technology-based start-up companies and other blockchain-enabled businesses.

At their core, they envision helping to bridge the developer-skills gap in Africa by providing better access to high-quality, world-class education, networks, and skills all-encompassing the realm of blockchain. This is a monumental partnership that will see meaningful collaborations occur between us both over our lifetime.

With their goal to educate and nurture women with emerging talents, our partnerships allow us to provide ABCD with expert consultancy to make these processes easier. Furthermore, we aim to provide opportunities to ABCD developers to join and grow with the Flickto team.

We have decided to walk in the footsteps of the IOHK and Cardano visionary (Charles Hoskinson) and partner with Proof of Africa.

PoA aims to identify talented individuals and provide them with the necessary education and mentorship that will enable them to perform at high levels when it comes to building blockchains. PoA aims to give these individuals guidance and training in this sector that will hopefully provide them with the ability to work at a substantially high level. Those who participate in this revolutionary program will be provided with assistance, that can assist in bridging the developer’s skill gap that is prevalent today in Africa.

Over our lifetime we aim to bring more awareness to the necessity of women (especially African women) in the blockchain.

In addition to this, we have recently partnered with Zoe pool, an African based stake pool whose focus is on empowering women within the blockchain to gain substantial knowledge, to effectively navigate this daunting industry.

Zoe pool wants women to acknowledge that they are cherished and needed within this ever-growing industry. From the rewards they acquire through their stake pool, they intend to use these funds to facilitate educational programs, which they want to encourage African women to nurture their curiosity about blockchain.

The rise of women within the blockchain is overlooked, but it is imminent. For this reason, we will be working closely with the ZOE pool in raising awareness of their mission. With their extensive technical capabilities, the ZOE pool will be able to support us if necessary.

Last but most definitely not least, we are elated to say that we have partnered with the well-renowned individuals over at Clear Contracts. Their mission is to diminish existing barriers that prevent communities from participating in web3.0, which aligns both our missions harmoniously. They aim to simplify Cardano’s Plutus code is admirable and inspirational. It not only conveys their expertise but it highlights their dedication to creating a more accessible user-friendly blockchain.

The knowledge that these amazing individuals harness is unfathomable. Their smart contract functions will help us to facilitate a large number of transactions that may occur on our platform in the future.

With Clear Contract aiming to launch their ‘Clarity’ initiative, which is a DAO tooling protocol, this is an innovation that we can incorporate into our future endeavours to ensure seamless management of our platform.

None of these partnerships outweighs each other in necessity or effectiveness. All four are as important as the next. The goal to decentralise media is slowly but surely coming to fruition. With the addition of these monumental partnerships, we are sure our mission will be realised sooner rather than later.

Website | Twitter | Discord | Telegram | LinkedIn| Whitepaper

Although spot trading usually caters to the bulls, CoinPanel’s new Sell Full Trade function enables investors to be able to sell high, then buy back lower. Essentially, in a spot market, traders can still make money in a downtrend if they sell high, then buy back the crypto asset at a lower price.

The conventional way of spot trading, also known as going long, is when traders purchase a cryptocurrency with the expectation that it will go up-buying low and selling high. For example, if an investor were to benefit from a market uptrend, an entry order would be placed ideally at a local bottom-at a low price. A Full Trade cycle would not be complete with a Take-Profit order-selling at a price point higher than the entry order, and a Stop-Loss order-selling at a price at which the trader is willing to sell at a loss.

In a Sell Full Trade, a trader can set an entry order at a swing high, expecting that the cryptocurrency will drop, then set a Take-Profit order, also known as a Target order, at which the investor will buy back the crypto at a lower price. Last but not least, the Full Trade function also includes a Stop-Loss order, set to purchase the asset again to minimize potential losses.

Before the next crypto bear market occurs, you can ensure that you can be ready to profit with CoinPanel’s Sell Full Trade feature. Try out the new revolutionary feature today!

Originally published at https://blog.coinpanel.com.

“We are pleased to be partnering with CryptoXpress and believe that the vision and concept behind the project will bring about a revolution and new opportunities in the crypto market.” says a spokesperson from IR21 Capital. They continue, “The quality of the CryptoXpress team and their ability to execute, along with the simplicity and convenience of their mobile solution for consumer crypto and banking services is a powerful combination. We look forward to a long and successful relationship with CryptoXpress.”

Who is IR21 Capital?

IR21 Capital is a professional venture capitalist firm on the mission to explore and invest in well-deserving blockchain projects. IR21 Capital has a team of professional investors, social media influencers, and blockchain experts. With more than 10 years in the industry, they have invested in projects such as Chainlink, TrustFi, Aave, Polkadot, and more. They specialise in seed funding, tokenomics planning, blockchain advisory, and influencer networks.

Prostarter, their launchpad, is a community-centric and transparent IDO launchpad to raise capital for upcoming blockchain projects. The mission of the Prostarter project is to offer a professional and hassle-free fundraising environment for new quality blockchain startups in the industry. Prostarter is also coming up with an NFT launchpad and NFT marketplace for the Crypto community.

CryptoXpress will democratise and simplify traditional financial services for a new generation. Started by a group of experienced global blockchain experts, the company provides an easy-to-use mobile app to access a range of crypto and banking digital services. A best-in-class user experience to buy/trade crypto, access NFT marketplaces, conduct payments and digital transfers, and access other exclusive loyalty, retail and member benefits.

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TL;DR: lending into anything with an oracle rating below B is extremely risky!

Euler is a non-custodial lending protocol which allows its users to judge which markets are safe for them to lend and borrow on.

A key component of the risks borne by users on Euler derives from the price oracles provided by Uniswap V3. These oracles may be vulnerable to manipulation when the Uniswap V3 pool they derive from is illiquid or thinly traded.

To help users better identify markets at risk of price manipulation attacks, we have introduced an oracle rating system to the Euler front-end, designed to rank price oracles for each market by their associated liquidity and vulnerability to manipulation.

Users should carefully consider the risks involved in depositing large amounts of assets on Euler in markets with a poor oracle rating. Large deposits of assets may entice attackers to manipulate the price on Uniswap in order to drain funds on Euler.

All forms of lending are risky, whether depositing crypto assets in a lending protocol or depositing fiat currency into a bank account. Ultimately, there is no guarantee that borrowers will repay their loans.

However, some forms of lending are less risky than others. If the borrowed and collateral asset pricing is more difficult to manipulate, loss of funds is less likely, all other things being equal.

Within the context of pricing, an oracle is an on-chain API for price. Simply put, it tells you what the price of an asset is at a given time.

In order to enable lending and borrowing on virtually any ERC20 token, we have chosen in our opinion the most decentralised oracle solution available: Uniswap TWAP (Time Weighted Average Price).

Specifically, when someone activates a lending market on the XYZ token, the protocol automatically uses Uniswap V3’s TWAP (essentially a moving average of the price) on the first existing 0.3%, 0.05%, 1% fee-level pool in order to determine the price of XYZ.

For instance, when someone activated the DAI lending pool on Euler for the first time, the protocol queried Uniswap V3 for available pools of DAI/ETH:

It automatically chose the 0.3% pool and the respective TWAP as the price oracle for DAI on Euler.

While we think Uniswap’s oracles are best suited for our permissionless lending protocol, depositing into an Euler pool backed by illiquid liquidity pools on Uniswap can lead to devastating results.

Suppose someone activated the $HOGE lending pool on Euler and deposited $5mil worth of $HOGE.

As there are no 0.3% or 0.05% fee pools on Uniswap V3, Euler will use the 1% pool for the oracle. There is, however, a bit of a problem:

There is virtually no liquidity in that Uniswap pool.

This is literally free money. All an attacker has to do is sell some tiny amount of $HOGE for $ETH on Uniswap to crash the price of $HOGE to almost zero and keep it there for a few blocks so the TWAP follows the spot price. Since there is no liquidity whatsoever, it doesn’t pay off for arbitrageurs to bring the price back to normal as slippage will be enormous.

After that, the attacker needs to deposit a bit of collateral like USDC and borrow all the $HOGE that is now valued at almost $0 (due to the oracle attack). In reality, however, it’s actually worth $5mil and the attacker can offload the stolen $HOGE on Uniswap V2, gate.io, PancakeSwap etc. and make millions without any real costs.

In fact, many well-known tokens have with very liquid markets on Uniswap V2, CEXes but barely any liquidity on Uniswap V3. This creates an easy risk vector: manipulate and drain a lending pool based on Uniswap V3 pricing, and sell the stolen assets on more liquid exchanges.

If you’ve already deposited into an Euler pool with an illiquid Uniswap V3 oracle… please realise you’re taking on enormous risk.

Luckily, we’ve come up with a risk grading system for you to be aware of the risks.

There are two main factors that influence the ease of attacking a Uniswap V3 oracle: TVL and concentration of liquidity.

If there is $20 mil USD TVL locked in but it is concentrated around one tick like in this example:

There really isn’t much of a point, because beyond that tick you can push the price anywhere and perpetrate the attack I’ve described above.

Watch out for false friends including highly skewed liquidity profiles like this:

In this chart, there is plenty of liquidity to XYZ/ETH upside, but barely any to the downside. This means while overall TVL and liquidity are decent, you could still easily crash the price.

A much better setup is when liquidity is spread across, making the attack costly along every price tick. PAX/ETH is a good example:

This is why we’ve come up with a rating that incorporates 3 factors:

Which will be displayed on the front-end page of the respective lending pool:

The overall rating goes from A to F and should give users an idea of what the oracle risk is. Overall, anything below B should probably be avoided!

Keep in mind that this is merely an indicative tool and we bear no responsibility for loss of funds.

As written in our risk docs, the Euler governance can promote assets to collateral and cross tiers and increase the borrow factors if the asset is deemed less likely to be manipulated. Oracle rating plays a crucial role in this assessment.

If you want a given token to be promoted, we recommend providing as much liquidity as possible over the full range of the Uniswap V3 pool. Feel free to reach out to us if you have questions.

This is merely the first version of our ranking tool. Behind the scenes, our team of analysts are working on more sophisticated ways of estimating costs of attacking lending pools over multiple blocks given probabilistic scenarios involving price, liquidity profiles, TVLs, etc. Stay tuned for more!

We are always on the lookout for exceptional people. If you feel inspired by what is happening in DeFi, and think you have what it takes to shape the future of finance, we want to talk to you. We’ll soon be advertising new roles for an in-house counsel, more smart contract developers, and a product design lead. But whatever your talent, if you think you can add value, feel free to reach out. You can read more about careers at Euler here.

Euler is a capital-efficient permissionless lending protocol that helps users to earn interest on their crypto assets or hedge against volatile markets without the need for a trusted third-party. Euler features a number of innovations not seen before in DeFi, including permissionless lending markets, reactive interest rates, protected collateral, MEV-resistant liquidations, multi-collateral stability pools, sub-accounts, risk-adjusted loans and much more. For more information, visit euler.finance.

Follow us on Twitter. Join our Discord. Keep in touch through Telegram (community, announcements). Check out our website. Connect with us on LinkedIn.

Civilization was born 5 months ago, on July 31st 2021 after my initial post outlined the vision for our ambitious journey. We started with a simple question:

Is it possible to give everyone a fair opportunity at financial freedom, independence, and success, regardless of their background, resources or personal network?

2021 already brought exciting initial progress:

What next?

Not everyone is ready for financial freedom. The road is long-winded, full of bumps and dumps, and not for the faint-hearted. I am gifting you the gift of yourself; now, whether you want it or not, is up to you to decide. Financial freedom is about stopping to ask, and starting to do.

For those who are already helping, we have plenty on our roadmap. Yes, our plan has been somewhat pushed back by the unnecessary delay with the audit, but in the grand scheme of things, nothing changed.

We remain firmly grounded on our vision and ambition.

Some other issues continue to occur every day, on top of the one-off audit delay. We continue to attract our fair share of hackers, scammers and cloners:

These are the people in bad faith, not deserving financial freedom but scorn. So long as we keep our community open to good faith people, a smaller proportion of people in bad faith will always come.

While we continue to protect the Civilization ecosystem, our focus remains to:

Serve the world, by giving as positive an opportunity at financial freedom to as many people as possible.

If you are ready to embark on this journey, a peek preview of our 2022!

CIVians, here’s what’s coming for 2022.

While this is the first of our products, it’s likely to be the one with the greatest long-term potential. Already today, the interest for our Polygon solution is demonstrated by the 3x volume of CivTrades compared to Ethereum, in spite of the underlying Uniswap liquidity being <1%.

As I wrote since the very beginning, executing a limit trade through liquidity pools is a more complex contract using more gas than a traditional swap, and therefore the price of gas may raise a temporary initial barrier to adoption. However, three factors will play to the long-term potential of CivTrade:

For all of these reasons, marketing CivTrade remains our first and foremost priority. DexMan will lead an interesting in-person workshop with Chainlink on January 21st 2022 in London, and our community voted (and donated!) to publish a new piece on Cointelegraph, for starters. Let the marketing Gods be with CivTrade for all of 2022 and beyond!

The time to get down to business on CivFarm is rapidly approaching. Since the audit also covered its code, we won’t risk further delays while working on it.

In order to build a compelling product, attract new developers, and retain our innovative edge, we will begin the CivFarm deploy with launching a new rewards token. This token will only be earned by:

In turn, the new token can be used for:

The advanced tokenomics of this token’s trading will contribute to:

This will be an exciting innovation, creating a self-sustained eco-system of developers, traders and marketers, as per our original vision!

Further Farms, when created, will expand to cover all Uniswap v3 tokens that traders will want an exposure to, marking our transition to the Fund deployment.

CivFarm will provide experience and exposure. CivFund will complete the vision of our first CivPaper, and unlock additional plans for future growth — on the marketing front (building a game, expanding the community, broadcasting Civ to the whole world) as well as the tech dev front (new trading strategies, new traders, off-crypto expansion).

To the moon and beyond, is where we are headed in 2022.

May Decentralization win.

Onwards and upwards, CIVians, love always!

Sator

I get asked this question.

As I already wrote:

Who I am is not very important. I am a nobody, I am not important. The efforts to unmask my “identity” even if successful would be underwhelming. I am just some guy of no consequence tapping at a keyboard and I am replaceable. You can stop me, maybe, but never can you stop the mighty CIVian community!

Furthermore, I also get asked (occasionally): why doesn’t Sator get celebrity X or Y to do a large trade / high-reach Twitter post / other high-impact marketing activity?

While those remain legitimate, positive actions, Civilization is not about daddy serving anyone the ready-meal. Even assuming I did have the access and capability to short-cut the progress of our Civilization community, would such sugar-high initiatives be in our long-term interest?

Not everyone is ready for financial freedom. The road is long-winded, full of bumps and dumps, and not for the faint-hearted. I am gifting you the gift of yourself; now, whether you want it or not, is up to you to decide. Financial freedom is about stopping to ask, and starting to do.

I have been doing my part, every day, since day 1. I gifted my trading ideas, capital and patient support to our Civilization community. Now — if you want to achieve your own financial freedom — you had better start doing your part, too. Make 2022 a year of contribution!

When the concept of RBOTS was first mentioned, the emphasis from the founder was of quality on every level. It’s the first thing as a group we hammered out as essential for the project. What we’re trying to achieve here is as far away from the current NFT project ‘norm’ - where assets are released with little thought to how the project will run - as I’ve seen in this space.

We won’t be the first project to offer physical assets alongside our NFT collection, but we intend to try and be the best. We have spent weeks talking about, and sourcing, what we believe to be the finest materials, that RBOT owners would be proud to display in their homes. Dozens of samples checked for quality. This isn’t a standard 18 x 24” poster print.

For those that don’t know, the collection is created by our wonderfully talented artist, Jiggles. He’s a young man of only fourteen, and happens to have autism spectrum disorder (ASD). There is so much we could say about how in awe of Jiggles we are. You can read more about his story here.

Autism can be quite an isolating condition that commonly causes difficulty communicating in social environments. In Jiggle’s specific case, he uses art as an outlet to express himself, but it also helps to build his confidence surrounding ‘strangers’ in the outside world. Our team is constantly learning, eager to understand ASD, and how Jiggle’s art is viewed as a medium exploring emotions (you’ll notice that RBOTS all express a variety of them).

As a team we think that inclusion is absolutely integral to the project. We’ve seen projects come and go by setting high fixed mint prices that exclude those who cannot afford the costs. Because of this, RBOTS will have a tiered mint price. Each tier will offer additional benefits, but ultimately the base NFT artwork should be affordable. We’ll soon be releasing another Medium article outlining the different tiers, pricing and the perks that come with them. For now, we’ll just show a couple of snippets of what we’re planning for the physical items available via the higher tiers.

Post-launch we fully intend to have a shop where an increasing amount of physical items are available, all kept to our high quality standard.

An example? How about your NFT laser etched within English crystal? I hope you can see from the picture below how beautiful these are. We certainly hope these will be adorning many office desks going forward!

We’ve tried to think about every detail, and the truth is, we’re still finalising certain elements, such as packaging that meets our standards. It’s the little touches that make something feel special, not just the shiny stuff. We’re determined to make these sets feel premium, and good value.

The highest tier will have all physical elements packaged together in a strictly limited edition set (420 units). Whilst it’ll be possible to buy these items individually post-mint (once the shop goes live), buying via the mint process will be the only time they’re available together as a set. Again, more details on these items will be released in the coming days.

There will also be a supply of super/ultra rares, and 1:1’s within the RBOTS collection. These will be randomly assigned, and so good luck to those who mint them! Reveals will be approximately one week post-mint, to prevent bots buying up the rarest traits.

We’ve looked closely at utilities surrounding the set too. It’s almost a necessity within NFT projects to have a roadmap. With RBOTS we’re planning various utilities, some to be announced at a later date. We currently have a team working on wireframe modelling RBOTS, the intention being that RBOT owners will be able to import their RBOT ‘skin’ into their favourite (compatible) games. Imagine playing Fortnite as your favourite RBOT!

Furthermore, we propose an optional utility where a user can allow their NFT to be used for merchandising, earning a 20% royalty commission on the proceeds. Basically, if someone loves the RBOT you have, and you’re signed up to the royalties scheme, you’d automatically earn royalties on any physical items sold from the RBOTS store that features your RBOT.

The physical RBOT collectibles also carry a one-off utility, that we’re currently ironing out the details with the dev team. Because all collectibles are high quality, we’re implementing it so the RBOT featured doesn’t have to be the one that was minted with it. We want you to love your RBOT, and the collectibles that come with it, so we’re looking to make this utility deferable. This means if you wanted to instead find the RBOT you love on the secondary market, you can then redeem by linking your wallets to the website to prove ownership and order your physical items for your chosen RBOT.

There are some great prizes linked to certain special traits within the mint process, there is also a once in a lifetime prize for the person who mints the unique Spaceman RBOT. More information on these prizes will be released with the pricing structure.

As with most utilities, RBOT owners have the option to sell their NFT’s on the secondaries market instead of redeeming the prizes, which would transfer the utility to the new owner. This is of course your choice, but these utilities can only be redeemed once.

We have lofty ambitions here. We want the long-term to be as interesting as the short term, but these things will take time. Our aim is for ‘JigglesSpace’™ to become an entire ecosystem. Derivatives, P2E gaming, real-life NFT events / meetups and more.

We thank you for taking the time to read this article and hope you can see the potential we’re putting so much effort into making a reality. Hopefully we’ll see you at launch! Our main socials are linked at the bottom of this page, come say hi ! - We have various quizzes, planned giveaways, and whitelist opportunities running in the Discord, as well as a Gleam competition.

Discord - https://discord.gg/UegeErHHXg

Telegram - https://t.me/rbotnft

Twitter - https://twitter.com/rbotsNFT

Jiggle’s Twitter (managed) - https://twitter.com/jigglesspace

Website (Estimated within the next week).