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Launch
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GUSD Minting
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Here’s a ghost story:
$REPPO quietly broke through 20M!
Despite the recent tough market conditions, the Virtuals ecosystem is still able to produce high-quality projects, which proves its resilience. Congratulations as well to the users who participated in the Unicorn launch and achieved a 10X return, and to the @Repponetwork team for successfully raising $800,000 through the ACF mechanism.
During this period, Virtual and Reppo worked closely together to resolve the ACF safety circuit breaker issue caused by a third-party Oracle failure. Additionally, according to public responses from Everything and Ethermage, upcoming improvements will include:
1. Increased redundancy: Third-party executors are adding additional fallback mechanisms to prevent system outages caused by Oracle downtime.
2. Mechanism restructuring: Developing a more advanced version of ACF
• Old model: Selling tokens directly into the price chart
• New model: Switching to a Uniswap V3-like concentrated liquidity band
This means the mechanism is no longer just “dumping tokens for fundraising,” but instead acts as a liquidity provider.
I also used Gemini to create a very simple recap for everyone’s reference. Finally, to be honest, Reppo stepping outside the Fil ecosystem and choosing to launch on @virtuals_io was a very smart decision. Without such a solid infrastructure, it would be hard for a small project like this to reach 20M, let alone raise $800,000.
Unfortunately, most projects in the Virtuals ecosystem are currently overseas. If any Chinese-speaking Crypto AI builders are interested in trying their hand on Virtuals, feel free to DM me!