blockchain contributer | content creator | dm for collabs | @arc builder | founder- @flashtappp |
Mumbai, India
Joined July 2024
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as i said earlier, $5 just credited today into my @Wahoopredict account
if you haven't joined yet then check my last post and give a try now
join: wahoopredict.com?r=p6-J3wj67โฆ
been checking out @WahooPredict lately and as a retired gambler lol, pretty interested to check another prediction market focused on making event based predictions simple
iโm going to try out a few markets and see how the platform works in practice, ๐ฎ๐น๐๐ผ ๐๐ต๐ฒ๐ ๐ฎ๐ฟ๐ฒ ๐ฐ๐๐ฟ๐ฟ๐ฒ๐ป๐๐น๐ ๐ฟ๐๐ป๐ป๐ถ๐ป๐ด ๐ฎ $๐ฑ ๐ฏ๐ผ๐ป๐๐ ๐ฐ๐ฎ๐บ๐ฝ๐ฎ๐ถ๐ด๐ป ๐ณ๐ผ๐ฟ ๐๐๐ฒ๐ฟ๐ ๐๐ถ๐๐ต ๐ญ๐ฑ๐ฌ+ ๐ซ ๐ณ๐ผ๐น๐น๐ผ๐๐ฒ๐ฟ๐
~ you just need to sign up
~ follow @WahooPredict
~ activate their telegram bot
~ make a post about them
the bonus is added after verification, so rn i am just checking out the prediction markets myself
join now:
wahoopredict.com/bonus?r=p6-โฆ
been checking out @WahooPredict lately and as a retired gambler lol, pretty interested to check another prediction market focused on making event based predictions simple
iโm going to try out a few markets and see how the platform works in practice, ๐ฎ๐น๐๐ผ ๐๐ต๐ฒ๐ ๐ฎ๐ฟ๐ฒ ๐ฐ๐๐ฟ๐ฟ๐ฒ๐ป๐๐น๐ ๐ฟ๐๐ป๐ป๐ถ๐ป๐ด ๐ฎ $๐ฑ ๐ฏ๐ผ๐ป๐๐ ๐ฐ๐ฎ๐บ๐ฝ๐ฎ๐ถ๐ด๐ป ๐ณ๐ผ๐ฟ ๐๐๐ฒ๐ฟ๐ ๐๐ถ๐๐ต ๐ญ๐ฑ๐ฌ+ ๐ซ ๐ณ๐ผ๐น๐น๐ผ๐๐ฒ๐ฟ๐
~ you just need to sign up
~ follow @WahooPredict
~ activate their telegram bot
~ make a post about them
the bonus is added after verification, so rn i am just checking out the prediction markets myself
join now:
wahoopredict.com/bonus?r=p6-โฆ
Is @RaylsLabs BRL1.p really backed 1:1? I checked both chains.
Onchain: yes. 250,013.48 BRL1 sits in a polygon vault against 250,013.48 BRL1.p on rayls.
Behind it: reserves claimed at 111% in a report that says it isn't independently audited and one wallet controls the bridge settings.
What changes in practice: BRL1.p to BRL1 is redeemable on the bridge page in about 2 minutes, with the fee paid in USDr (per the rayls team).
BRL1 to reais then goes through the consortium: partners burn BRL1 for a fiat deposit and retail users go through exchanges.
Fees and times for that step aren't published (as per the team).
Still unconfirmed:
1. any independent audit of BRL1's reserves
2. today's reserve ratio
3. who holds the bridge wallet
4. what the pilot vault will hold
5. fees and times for BRL1 to reais
6. who the burner and minter wallets are
Sources:
docs.rayls.com/docs/get-brl1โฆ (docs)
dapp.rayls.com/brl1p (bridge page)
Takeaway: BRL1.p is backed 1:1 by BRL1 in a vault anyone can check.
Whether BRL1 is backed by reais rests on an unaudited internal report, and the bridge and pilot answer to one wallet.
Rayls docs describe a tokenised deposit as issued by an institution inside its own ledger. Here the claim runs through four layers.
Docs: docs.rayls.com/docs/get-brl1โฆ
Tokenised deposits: docs.rayls.com/docs/rayls-noโฆ
Bridge: dapp.rayls.com/brl1p
Vaults: dapp.rayls.com/vaults
BRL1 token: polygonscan.com/token/0x5C06โฆ
Vault: polygonscan.com/address/0x3Eโฆ
BRL1.p: explorer.rayls.com/token/0xAโฆ
Pilot contract: explorer.rayls.com/address/0โฆ
Report block: polygonscan.com/block/947771โฆ
indian @arc-hitects and buildors get ready for thursdays weekly regional office hourss ๐ฎ๐ณ
see y'all on 22oct at 9pm, do grab your seatss now before it gets full
community.arc.io/home/clubs/โฆ
The Rayls chain has an RLSAccumulator contract: 12 deposits totaling 18,050,010 RLS from one address, no outgoing transfers, and no burn call among its 13 transactions. The token page shows a balance of 778,797 RLS, and an earlier holders view showed 1,009,423.
I couldn't find how RLS leaves it. Unconfirmed.
Sources:
explorer.rayls.com/address/0โฆ (13 transactions)
Still unconfirmed:
โข any burn on the rayls chain (i found none)
โข where the accumulator's RLS goes
โข whether fees really buy RLS on the market
โข the ~1 RLS gap
โข circulating supply: dashboard 1.92B vs about 1.82B implied by Etherscan's market cap
Sources:
Dashboard Circulating Supply card: 1,924,086,353.88 dapp.rayls.com/transparency ($RLS tab)
etherscan.io/token/0xB5F7b02โฆ
Takeaway: the burn is real, but the dashboard gives you the number and etherscan shows who can change it.
Check it yourself: the $RLS token page (supply), safe 0x73Bdโฆ9589 (transfers to null), and fee wallet 0x8C37โฆ246c2
Sources:
dapp.rayls.com/transparency
explorer.rayls.com/
etherscan.io/token/0xB5F7b02โฆ (RLS token supply)
dapp.rayls.com/transparency ($RLS tab, total burnt)
etherscan.io/address/0x73Bd2โฆ The burn safe (who and what)
etherscan.io/address/0x8C377โฆ (the fee wallet)