Discover and read the best of Twitter Threads about #LSTs
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Buckle up! We're taking you on a journey into the heart of #LSTfi innovation. 💡
Welcome to @Davos_Protocol, where we're reshaping the DeFi landscape with our inflation resistant stablecoin, $DUSD.
Stick with us because you won't want to miss this thread 🧵👇
Welcome to @Davos_Protocol, where we're reshaping the DeFi landscape with our inflation resistant stablecoin, $DUSD.
Stick with us because you won't want to miss this thread 🧵👇
2/ Our mission? 🎯
Address the challenges traditional CDPs face in DeFi by leveraging Liquid Staking Tokens (#LSTs) to mint $DUSD, our inflation-proof stablecoin.
We’re enhancing user protection, promoting #LSTfi adoption, and maintaining a fair and unbiased monetary policy. 🤝
Address the challenges traditional CDPs face in DeFi by leveraging Liquid Staking Tokens (#LSTs) to mint $DUSD, our inflation-proof stablecoin.
We’re enhancing user protection, promoting #LSTfi adoption, and maintaining a fair and unbiased monetary policy. 🤝
3/ #LSTs are tokens that represent staked assets. 🥩
By collateralizing them, users can access liquidity while benefiting from their staked assets' value appreciation.
But that's not all.
We're putting a unique spin on the borrowing rate mechanism too. 😉
By collateralizing them, users can access liquidity while benefiting from their staked assets' value appreciation.
But that's not all.
We're putting a unique spin on the borrowing rate mechanism too. 😉
