Member Info for ragnarr

Blu - Certainly wouldnt say i was happy with current BLU SP but I probably had lower expectations of timescale than most - but happy with my PEN holding as average around 0.06.

Anyway - a bit more PR

https://medium.com/pendulum-chain/advanced-automated-market-making-how-nabla-technology-is-changing-the-game-for-forex-18d20390ade6

Https://medium.com/pendulum-chain/january-2024-ecosystem-roundup-fed50f580919

Today the referendum to authorise runtime upgrade for Pendulum release 12 - which basically allows for the launch of Spacewalk bridge on Pendulum. Not sure how long after the referendum is passed that the upgrade is run, but it wont be long.

Sorry testnet relates to Nabla

Just for info - week 2 public Alpha testnet finished today - week three testing starts 7th Feb - finishes Feb 11th - then final Alpha testing 14th -18th.

Nelson - Nabla is still in test on Eth sepolia (Ethereum testnet) - week 2 of testing by the community starts today - so nothing actually going to happen just yet but getting closer.

Https://app.nabla.fi/

Https://paragraph.xyz/@nablafi/incentivized-testnet-alpha

Gazz - all reminds me if a saying -‘ to belittle you have be little’’

Interesting tweet from Pendulum referencing a Euro stablecoin. For reference Paddy Hanson is EU strategy director at Circle - who issue both USDC AND EURC stablecoins.

https://twitter.com/pendulum_chain/status/1749007673096581364

Blu - Its impossible to relate a value with Moonbeam on TVL alone but its safe to say it would/should increase expotentially (Moonbeam total Mcap is just under 0.5b USD)

All transaction going through the Pendulum chain will have to utilise PEN token and therefor Pendulum will start earning gas fees. So the more Dapps that build on Pendulum the more gas fees and the higher the PEN token goes.

Roadmap states a lending Dapp under development for H2 launch and we have the mysterious PendulumPay that we currently know of

Well the BB here is a bundle of joy these days :-(

I'm noticed a post from Gokhan (nabla) earlier today

‘ Hey GS, we are going to publish our roadmap for 2024. Stay tuned. I'm personally estimating $50M+ TVL by the end of 2024.’

Just putting that into context Moonbeam current TVL is about $51m and Injective protocol about $35m. - Big statement/ambition.

Apologies Pablo - i misunderstood your post.

Pablo - from Final results :

NFT Investments plc

The Company held 5,750,000 shares in NFT Investments plc which at the period end were valued at approximately

GBP57,000 and, as part of the Company's strategy of selling non-core investments, these were sold on 14 November 2022.

Blu - I only like to work in half billions :-)

Https://moonbeam.network/announcements/moonbeam-xcm-integrations-composable-pendulum-polkadex/?utm_source=blog&utm_medium=social+media&utm_campaign=3+new+xcm+integrations

This also reminded me that PEN will soon also be on Polkdex exchange.

I just wanted to add to slugs comments because at current levels he is correct. The market cap of PEN is currently about $25m so the added valuation to Satoshipay is negligible. But Pendulum and the upcoming Nabla are very early projects not even fully live yet and in the crypto ecosystem a $25m mcap token is a tiddler and it is not unusual for that tiddler to grow into a $500k or $1B or more if successful - BIG BIG BIG CAVEAT HERE - IF SUCCESSFUL !

More mature L1s on Polkadot like moonbeam, Centifuge or Aleph zero are currently around $500M and were more than twice that at the height of the last bull market.

So if (big big if) Nabla and Pendulum gain traction add more L2 interest and become successful it is easily within reach of each having a $1B Mcap or more - if that were the case then the added valuation to satoshipay would be $100m plus what the actual business is worth - For balance the other side to that is lack of success and then both PEN and AMBR tokens are worth jack sh..

PEN on the move tonight - now up 140 odd percent from the lows - hope everyone bought in down there.

Looks like things are on track for this month - Gokhan posted this message earlier today

Make sure you enable notifications on Nabla Finance as the $AMBER airdrop campaigns are starting next week in celebration of "Public Testnet Alpha" launch this month.

Arbitrum launch apparently scheduled for sometime this month but wouldnt rely on it.

Nothing back on Dtransfer/PenduluPay - all very secretive