KEY EVENTS THIS WEEK Monday, June 15: G7 summit underway in France; EU to commence accession negotiations with Ukraine and Moldova; economic indicators from Switzerland, Eurozone, and U.S. scheduled for release. Tuesday, June 16: Day 2 of G7 summit; China to publish industrial production data; economic reports from Japan, Germany, Eurozone, and U.S. anticipated. Wednesday, June 17: G7 summit continues; French President Macron to host U.S. President Trump at Versailles; economic statistics from UK, Eurozone, and U.S. expected. Thursday, June 18: NATO defense ministers convene in Brussels; economic updates from New Zealand, UK, and U.S. on tap. Friday, June 19: Markets in China, Hong Kong, and U.S. closed for holidays; economic data from Japan, Germany, and Russia gepland.

YESTERDAY, 100% OF THE LP WAS BURNED ON ARENA 🔥 WHAT IS LP? Not everyone fully understands how it works. On decentralized exchanges (DEX), there is no traditional order book where buyers wait for sellers with limit orders. Instead, trading takes place through liquidity pools (LP). These are special smart contracts (virtual vaults) that hold token pairs (in our case, $MAPE / $MDAO and $MPEP / $MDAO). When you bet on a fighter in the Arena, or conversely sell, you interact directly with the pool: you send one token and receive another in return. Upon listing, the pool creator receives LP tokens, which allow them to redeem the original tokens at any time. What happens when LP tokens are burned? We’ll break it down in the next post 👇

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