1/6. I've looked into @OccamFi in a little more detail & there are a few things that seem to be very promising. The one that jumps out to me that wasn't obvious at first glance is the fact that there will be a centralised bridge between #ethereum and #cardano that will live on..
2/6 ...centralised exchanges. If I am not mistaken, this would allow users withdraw tokens from one chain to the other with minimal-zero gas fees. Want to port your stablecoin from #ethereum to #cardano to avail of better, safer #DeFi rates? @OccamFi facilitates that. This is...
3/6 ...monumental. It will allow full blown vampire attacks of #ethereum liquidity with very little friction + due to faster, lower fee #DeFi, plenty of economic incentives to avail of the option. I think this is largely underappreciated based on my cursory investigation...
4/6. ...& certainly something that warrants more research. The VC funding model is getting some flack from many in the ecosystem, but they are forgetting that is exactly how #cardano raised a lot of it's own initial capital. I am not encouraging investment, simply drawing more...
5/6. ...attention to the project from the community. Regardless, this is but one of 100+ projects touted to be finding a home on #cardano this summer. The market has absolutely no appreciation for what is about to happen. I wish I had more FIAT to capitalise on what I see coming.
6/6. I have to keep reminding myself I am incredibly fortunate to have any capital available at all to invest at all, but I am growing insanely bullish with each passing day. I think we are on the cusp of a chapter of history, never mind a rank change on @CoinMarketCap. $ADA
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