Discover and read the best of Twitter Threads about #lendingprotocols
Most recents (2)
1/ Exciting news for investors, as @PhotonsHedge will be leveraging liquid staking derivatives (LSDs) to enhance trading output. LSDs enable you to unlock liquidity for staked crypto, thereby maximizing investment returns.
🧵 A Thread
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🧵 A Thread
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2/ According to @eulerfinance LSDs are already playing a significant role in DeFi, making up over 20% of the entire Total value locked (TVL). The dominance of @LidoFinance alone currently the largest liquid staking protocol is over 17% of DeFi’s TVL as of February 2023.
@eulerfinance @LidoFinance 3/ By utilizing LSDs, @PhotonsHedge taps into the potential of the fast-growing DeFi space. These derivatives offer a 1:1 ratio of staked tokens, allowing traders to multiply benefits from the locked token and generate additional yield opportunities.
YETI FINANCE - INNOVATIVE LENDING PROTOCOL
Dive in to learn more about @YetiFinance! This thread 🧵will cover 4 main points:
- What problems does CDP solve?
- What is Yeti Finance?
- How does it work?
- Yeti Finance's Stablecoin: $YUSD
#AvaxholicAnalytics #AVAXDT #CSSADT
Dive in to learn more about @YetiFinance! This thread 🧵will cover 4 main points:
- What problems does CDP solve?
- What is Yeti Finance?
- How does it work?
- Yeti Finance's Stablecoin: $YUSD
#AvaxholicAnalytics #AVAXDT #CSSADT
1. PROBLEMS & SOLUTIONS
Lending projects for #DeFi have similar role as banks in traditional markets, where they allow capital to flow freely and stimulating economic development.
Lending projects are classified into 2 types: Third party and First party. 👇
Lending projects for #DeFi have similar role as banks in traditional markets, where they allow capital to flow freely and stimulating economic development.
Lending projects are classified into 2 types: Third party and First party. 👇
Third Party: An intermediary protocol for users to deposit tokens to earn interest and receive profit when lending those tokens back to others.
- Users can borrow & lend
- Not sufficient when the demand for #stablecoins loans is large
- Featured project: @AaveAave with TVL: $6.3B
- Users can borrow & lend
- Not sufficient when the demand for #stablecoins loans is large
- Featured project: @AaveAave with TVL: $6.3B
