06–06–2023 — Tomb | Lif3 Tuesday: Update 91
My fellow Tomb Raiders, Happy Tomb | Lif3 Tuesday,
June is here, meaning the one-year anniversary of Lif3 is upon us. June will also bring the first of many $LSHARE halving events. It’s an incredible time to reflect on the accomplishments that have transpired since launch, but maybe we will go over that in more detail next week. This week we have breaking news that should be addressed.
In the last two days, the SEC has sued both Binance and Coinbase, the two largest Cryptocurrency exchanges in the world. As we all know, FUD is commonplace in crypto and sometimes comes in extremes. Some have a misconception that FUD means lies and misinformation, but FUD stands for Fear, Uncertainty, and Doubt. As I scroll through social media, I see a lot of people who are scared (Fear), I see that there is uncertainty in the overall market as people are unsure what these lawsuits mean for their personal capital (Uncertainty), and I see a fair amount of skepticism as if this is some kind of power grab from the US over crypto (Doubt).
Many traders and investors lose sight of the BIGGER picture and tend to let their emotions get the best of them when confronting FUD. Don’t let the FUD control you. Don’t fall into the trap and go down the rabbit hole of despair. The void is no place for the true crypto champions (you and me), who have spent the entire Bear market building something amazing that will shine the brightest it ever has when the bull strikes those horns into the guts of the Bear. We continue to keep our heads down and BUILD, and no amount of FUD will ever stop us.
Since we are past the bottom (possibly) Price Targets for the Next Bull Run!
LIF3 | Tomb
1 LSHARE & TSHARE => 1 YFI
1 LIF3 & TOMB => 1 FTM
Timelines:
- Super-Short-Term: Days, Weeks, < 1 Month
- Short-Term: 1 to 2 Months
- Mid-Term: 3 to 6 Months
- Long-Term: 6 Months +
Lif3 Exposure:
Two weeks ago, we added Ethereum to the front end of Lif3.com, allowing users the ability to switch to Ethereum and make swaps on Lif3.com, using the power of Firebird and the flexibility of LI.FI. Today we welcome two more popular additions:
Optimism
Arbitrum
Soon you can switch to these chains and swap on Lif3.com. Adding Ethereum, Optimism, and Arbitrum to the Lif3.com frontend is just one of the many things we are doing to grow the Lif3 Ecosystem, expand brand awareness and position ourselves for long-term success in DeFi.
Lif3 Trade APR Spotlight:
Lif3 Trade offers a multitude of different ways to earn yield while on the platform, from staking $LIF3 to minting $LLP to staking $esLIF3… many options. The recent price action has brought increased volatility to all tokens. $LLP does a great job of minimizing the overall impact of downward markets, and the increased volatility can bring in liquidations that further bolster the $LIF3 and $LLP stakers on Lif3 Trade. The current APR for staking $LIF3 is 37%, and there is no better place to store your pile of $LIF3 that you’re saving up for a validator node than Lif3 Trade. $LLP APR is currently 154%, and given the recent events brought on by the SEC, a little protection to the downside may not be a bad idea, especially if you are earning 154% in the process.
Lif3 Support:
The Lif3 team has been working relentlessly in the background to create a fantastic resource that is accessible to all users, both new and old. Let me introduce you to Lif3 Support. You can discover guidance here that covers every facet of the Lif3 protocol, and they are continually being updated. Lif3 Support provides quick access to feature requests, bug reports, and more.
Check it out here:
http://support.lif3.com
Lif3 Wallet:
Our latest product to hit the shelves is Lif3 Wallet. Thanks to all of you, the team has been collecting data and formulating a list of priorities for the next update. Please take the time to leave some feedback so we can make it the best mobile wallet on the planet. Feel free to tell someone or use the app directly if you have any features you want. We build these products for you, so let’s make them the best products you have ever used.
Download on the App Store:
https://apps.apple.com/us/app/lif3/id6444389674
Get it on Google Play:
https://play.google.com/store/apps/details?id=com.lif3.wallet&pli=1
Lif3 Chain Testnet:
Every day the team gets closer. There are many moving parts when considering a Layer 1, especially when considering what we have already built on other Layer 1’s and Layer 2’s. All will be revealed soon, and we can all revel in the glory that will be Lif3 Chain.
We’re Just Getting Started:
A lot more is happening behind the scenes, and these are all in various stages of development or planning. FANTY & TBONE, Airdrops, Masonry V2, ONLY, Lif3 Chain, and more.
Λ Lif3 in Crypto:
Please enjoy this week’s comic.
Happy #TombTuesday
KEEP CALM, TOMB ON, AND ENJOY LIF3!