2min chapter

Bankless cover image

ROLLUP: Bitcoin NFTs | Canto | FOMC Interest Rates | Blur OpenSea Royalties

Bankless

CHAPTER

The L1 Token Price Goes Way Too High

One wallet was a application, I think that was given a bunch of money. Yes, was promised $1 million grants to build a social wallet. Say, ignored messages from one wallet about this funding promise. And so, promise funding didn't pay them. There's more. The other story is that the employees or contractors of Harmony were paid in the token. So, they were never actually receiving the amount of money that they were given in their contract because theydidn't pay them in USEC or stablecoins. They paid them in the L1 token. He was physically assaulted. Yeah.

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