Sink your teeth into this: Kraken launches support for MacCoin

Fordecades,theBigMachasdefinedAmericanculturearoundtheglobe.Importanttothefutureofhumanity,theBigMachasalsopoweredacurrencyfitforthemodernera:theMacCoin.IntroducedbyMcDonaldslatelastyear,theMacCoinisastablecoinfullybackedbyBigMacs.

WearepleasedtoannouncethatKrakenwilllistMacCoin(BMAC).BMACtradingstartsTuesdayApril2!

Whenisgrubtime?Theapproximatelaunchtimegloballyis:PT:TuesdayApril2at8:00amET:TuesdayApril2at11:00amUTC:TuesdayApril2at3:00pmCEST:TuesdayApril2at5:00pmHKT:TuesdayApril2at11:00pm

NotethatsellorderswillnotstartappearinguntilafterthefirstBMACdepositsclear(about3-5daysafterlaunch).Thelaunchtimeisapproximateonlyandit’spossiblethelaunchmightbedelayed.Pleasefollowourstatuspageforupdatesaroundthetimeofthelaunch:https://status.kraken.com/

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DeliciouspairingsBMAC/USD,BMAC/EUR,BMAC/XBT,BMAC/FRY,BMAC/KO

HowtogetMacCoinMcDonaldscustomerscanreceiveaMacCoinwiththepurchaseofaBigMacat14,000participatingrestaurantsacrosstheU.S.,whilesupplieslast.

HowtoredeemMacCoinMcDonaldscustomerscanredeemtheirMacCoinfortheunderlyingasset,aBigMac,atparticipatingMcDonald’srestaurantsintheU.S.andinmorethan50participatingcountries.

AllIknowisthatwhenIneededMcDonald’s,McDonald’swasthereforme.?-JamesFrancoHowtodepositNavigatetoFunding>Deposit>MacCoin(BMAC)togenerateashippinglabelforourvaultingfacility.Weareproudtopartnerwith@bitstein’sCarniVAULT,designedby@zooko,auditedby@safiedean—guysyoucantrustwithyourcarbs.

Odsy Network以2.5亿美元估值完成750万美元融资:5月11日消息,Layer 1 区块链 Odsy Network 以 2.5 亿美元估值完成 750 万美元融资,本轮融资由 Blockchange Ventures 领投,Rubik Ventures、Node Capital 和 FalconX 等公司参投。

Odsy 的去中心化钱包 (dWallets) 旨在通过 Odsy 网络上的“可转让签名机制”提供对不同 Web3 协议和平台的访问,并能够在几乎任何其他区块链上签署交易。[2023/5/11 14:58:08]

ConfirmationsrequiredbeforedepositscreditShippingusuallytakes3-5businessdays.OncephysicalMacCoinsarereceived,thedigitizationprocessandcreditofBMACtoyouraccounthappenssame-day.Note:despitethelegendaryshelflifeoftheBigMac,wecannotacceptdeliveryofMacCoin’sunderlyingcoreasset,noranyofitscomponents.Extrapicklesareappreciated,however.

WhatisMacCoin(BMAC)?WhentheBigMacIBO’d(InitialBurgerOffering)at$0.45in1967,theassetcameataround500calorieswithaninnovativechainedstructure:bun,beef,bun,beef,bun.Foodconnoisseursfoundthisstructureespeciallyconvenientfortransmittingspecialtysauce,pickles,lettuce,cheese,andonion.Asidefromarecentsoftforktoenablebacon,thatunderlyingprotocolbehindtheMacCoinremainsunchangedtoday,andforgoodreason:thecalorietocostratioisunrivaled,andthepriceoftheBigMachascontinuedtosteadilyriseagainstfiatcurrencieslikeUSD.Theutilitycannotbequestioned.

PriceofMacCoininUSDandEUR.?Source:BigMacIndexSourceDataWeknowthepricehistoryofMacCointhankstoTheEconomist,whichbegantrackingthepriceoftheBigMacagainstgovernmentfiatcurrenciesin1986asawaytosuggestidealexchangeratesbetweenthesegarbagealts.Thisyear,themagazineannouncedthe“BigMacindexhasbecomeaglobalstandard,”andweatKrakencouldnotagreemore.

PriceHistory1967IBO(InitialBurgerOffering):$0.4552-WeekHigh:$5.58(April1,2019)52-WeekLow:$5.28(April1,2018)

TechnicalsConsensusMethod:ProofofSteakBlockProducers:McDonalds(centralized)Supply&Inflation:unknown,thoughmostnewBigMacsareconsumedimmediatelyuponproduction

Projectwebsite:https://news.mcdonalds.com/stories/our-food-details/big-mac-50-history-infographic

ArbingtheMacPremiumOfferingBMACprovidesKrakenclientstheexclusiveopportunitytomonetizetheMacPremium,anotherkindofjuicyspread.NolongermustthisarbitragebeconfinedtoourcollectiveabilitytosmuggleBigMacsthroughcustomsaroundtheworld.

Thetradeissimple:buylow,sellhigh.Let’swalkthroughanexample.

AcquireyourBMACinalow-cost,participatingcountry–saytheUAE–for$3.81andsellittostarvingtradersinSwitzerlandforasmuchas$6!Yournetprofitcomesoutto$1.81perBigMac,awhopping48%ROI!

Checkthefigureabovetoplotoutyourtradingstrategy.WillKrakenlistmoreassets?Wecannotrevealanydetailsofforthcominglistingsbutthenextone’ssuretobeawhopper.

WillBMACbeincludedintheHappyBundle?Krakendoesn’tsupporttheHappyBundlebecauseit’sobviouslyascamonretailnoobs.

InvestwithcautionListinganassetortokenontheexchangedoesnotconstituteanendorsementbyKraken,norinanywayarecommendationtobuyorsell(oreat)theasset.Whilewedoextensiveresearchinourevaluationofanassetbeforelisting,wefocusonaspectsoftheproject’slegitimacy(isitmelty,isittasty),andontheabilityofourvaultingpartnerstostaveoffhungryHamburglers.Ourresearchdoesnotinanywayconsiderwhetherthepriceorcaloriesarecurrentlyjustified,orlikelytogoupordowninthefuture.Doyourownresearchandeatatyourownrisk.

DinewithcautionYoushouldalwaysconsidertheavailableliquiditywhendininginanymarketandmanagethisriskaccordingly.

someabswereharmedinthemakingofthisblogpost

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金智博客

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