The MysoFinance proposal to "Generate $USDC revenue through $ACX covered call lending" has passed! What does that mean for Across?
The Across DAO will fund a bespoke vault on MYSO w/ 400,000 ACX tokens ($116,000 USD at spot price of $0.29) to use for a covered call strategy, managed by Risk Labs. This approach diversifies the DAO treasury and is set to significantly increase its stablecoin balance. How?
This strategy allows the treasury to utilize idle $ACX to generate $USDC revenue through a covered call loan on MYSO's platform Plans for any generated USDC have not yet been proposed.
I helped you choose the right bridge, now let me help you choose the right players for the Across Fantasy Football! The tournament is open for all discord users, and registrations are kept open until the end of Euro 2024!
The initial prize pool was set at 300 ACX, but we made it bigger and better! This is the Across way! The top seven managers at the end of the tournament, and maybe bounties. The updated prize pool was enhanced to 360 ACX... for now!
The winner will receive at least 100 ACX, the runner-up 80 ACX, then 60, 40 and 20 tokens for the next ones. We added two more prizes on top of the leading five managers, as the 6th and 7th placed players will be rewarded with 10 ACX each!
There were two prizes of 10 ACX for the top two managers at the end of the group stage, and the same for the best two scores in the final round! We went above and beyond again, and tipped ACX to the top three managers on each of the three rounds of the group stage!
Japi and SteveBridge were the top two managers at the end of the group stages and received their bonus! Japi enters the quarter-finals stage with 27 points, but will that be enough? It's a long tournament and Stonymcrock, TengoLoTodo, Mudge or mlx4 are on the chase, waiting for mistakes!
I can honestly say that was a long time since I seen such quality football! This tournament had everything… late drama, underdog stories and top goals. Germany won the group and played well in all three games, same did Spain.
England struggled and won the group by scoring only 2 goals. Big surprises in group D, where Austria topped France and the Netherlands! So many top games, so many beautiful goals... and it's just the beginning!
Romania won group E, a group of deadly symmetry! All teams had 4 points the scored goals made the difference. If you had told me at the start of June that we will qualify, I would take it! But winning the group? Unbeliveble!
Portugal played amazing in the first two games and made place to the subs in last game, which helped Georgia to make history! I was sad about it, because Romania could have played against Slovenia is the third place from group F didn't qualified!
The Netherlands, Georgia, Slovakia and Slovenia were the teams that headed into the quarter finals from the 3rd place. The giants were lucky at the draw, Spain facing the Georgians underdogs. France against Belgium is the blockbuster. Germany has an easier game against the Danish, while Romania's clash with the Netherlands may cause an upset!
What still to come? An expected Spain v Germany, and Portugal may play either Belgium or France! The play-offs will bring clashes between titans soon! What if Romania gets past the Netherlands? We will play either Turkey or Austria! I have semi-finals vibes!
We love underdog stories, and I want to finish in the top of the fantasy football league. On the 12th place at the moment, with poor team selection and an even more dispointing captain selection. I went for flops like Kane or Ronaldo, and didn't trusted Stanciu or Dragusin! Let's go!
If you think about it, Untouchable on the 10th place has only two points ahead! One good round and the mid-table players can leap jump into the top of the leaderboard! MWC went from 20th to 9th after scoring 64 points in Matchday 3! It's all open... the league is on fire!
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