The Strategic ETH Reserve (SER) learned two things today:
1. The PulseChain community is loud, loyal, and proud.
2. PulseChain is very ETH-aligned, holding a massive ETH reserve.
Welcome to the SER, PulseChain. You’re now inextricably tied to ETH success.
1/ Merry Christmas to everyone who were eligible to claim $SOS.
Sharing a little bit of ⚠️caution⚠️ about the smart contract:
It is true that $SOS is safe to claim, and safe to trade.. BUT if you're a hodler, you will want to know about some red flags 🚩🚩.
Quick 🧵👇
7/ tl;dr? $sos is safe to claim and trade. There's nothing out of the ordinary buried in the contract.
You can take a look at @OpenZeppelin standard contracts here: openzeppelin.com
*This is not an endorsement of $sos as a store of value, merely as a safe interaction.
The Sui hack, and the fact that a few actors could freeze funds, proves, once again, that only one blockchain is fit to secure the world economy and sovereign stablecoins.
No government would risk its currency on a ledger vulnerable to centralized control or manipulation.
There are now 13 ETH Treasuries, each with a single mandate: accumulate as much ETH as possible and deploy it into the Ethereum economy (staking, restaking, DeFi).
Supply crisis incoming.
