Hey there Hive!
It's been a long week(+end), and making my first post and following a couple people put me down to 1% "Resource Credits"
I'm up to almost 90% now. Guess once a week is what I get for now.
Guess that's where the "stake" in Proof-of-Stake comes in.
Crypto sometimes feels like a shinier, more cyberpunk version of the same shit we've been doing for generations.
Other days, crypto feels like our best chance out of that oppressive old world.
Were you excited when the $BTC ETFs got approved?
Was that good for crypto?
Anyway, let's #TalkAboutCult!
What do you want to know about $CULT today?
Should we talk about the burns?
That's right, our $CULT is all about burns, as many and as big as possible.
No, we're not burning witches - We're burning $CULT
We're burning a LOT of$CULT.
This is from the Dune Panel: https://dune.com/modulus/culttreasury
Those are only showing the burns from proposals that have passed, and from The Rug Game.
Really, more than 27% of the initial supply has been burnt!
Wait, you don't know what $TRG is?
Here's the launch video from Mr Omodulus
Basically, it's a microcosm of the Crypto world.
But honest.
And transparent.
And it burns $CULT!
I guess you may not even know who Mr O is huh?
Mr O is our fearless leader!
Writer of the Manifesto!
Predictor of many global market trends!
Maybe the person who launched Shiba Inu?
Builder of $CULT, $TRG, $RVLT, and right now he's working on Modulus.
Oh yeah, there's Modulus too!
Modulus is our Zero Knowledge Rollup Layer 2 Blockchain, built on top of Ethereum!
The testnet is available now.
Here are the documents: https://docs.moduluszk.io/
My favorite thing about Modulus?
$CULT is the gas token.
Every transaction pays some $CULT.
That $CULT is...
Wait for it...
BURNT!
If you were wondering why I, like so many of Teh Many, am all in on $CULT, maybe it makes more sense now.
There's nothing like it.
Ever-Decreasing Supply.
Investing in decentralization.
