Share this page!

Messari Profile picture
Twitter logo
25 Mar, 5 tweets, 2 min read
We’re excited to announce that @Dvision_network has joined the Messari Registry.

As a participating project, the Dvision team has committed to providing regular project updates.
Dvision Network is a new virtual reality content ecosystem that utilizes blockchain technology, extracting the synergies of the VR-blockchain convergence.
Dvision Network presents a new virtual reality world that can lead an affluent life at the very center of the ICT based fourth industrial revolution.
Learn all about Dvision’s history, roadmap, team, token, launch, technology, security, and governance on their Messari asset profile. messari.io/asset/dvision-…
You can also learn more about Dvision at dvision.network/index_en.php

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Messari

Messari Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @MessariCrypto

Messari Profile picture
26 Mar
RAI is a governance minimized non pegged stablecoin.

It is an attempt to create a more trust-minimized version Dai not pegged to the dollar.

It is solely backed by ETH and stabilized autonomously using a PID controller.

1/ Image
At a high level RAI is similar to Single Collateral DAI (SCD).

It is an overcollateralized debt position for users that demand ETH leverage.
Users can open this position by depositing ETH into a SAFE (similar to Maker’s vaults) and minting RAI against it.

Users can redeem their collateral by paying back their RAI plus a borrow fee.

RAI’s token FLX is used to govern and backstop the system. Image
Read 9 tweets
Messari Profile picture
26 Mar
Float Protocol is a two token, partially collateralized non pegged stablecoin protocol.

FLOAT draws its value from its underlying basket of collateral (ETH), and is stabilized through auctions.

BANK backstops FLOAT, earns protocol profits, and governs the Float protocol.

1/ Image
At the core of Float’s stability model is protocol controlled value (PCV) and dutch auctions.

Float protocol maintains a fund to stabilize the price of FLOAT called the “Basket” which holds a portfolio of cryptoassets - initially just ETH.
The Basket is owned by the protocol and is built up through FLOAT auctions.

FLOAT’s Target Price will start at an arbitrary number - initially $1.618 and will slowly adjust over time depending on the value of the basket relative to the value of the outstanding FLOAT. Image
Read 7 tweets
Messari Profile picture
26 Mar
We’re excited to announce that @NervosNetwork has joined the Messari Registry.

As a participating project, the Nervos Network team has committed to providing regular project updates. Image
Nervos is an open-source public blockchain and collection of protocols creating the basis for a universal internet-like network.
With a flexible, foundational blockchain called the Common Knowledge Base, the Nervos Network can support a new generation of interoperability through scalable layer 2 solutions to bring about an ecosystem of Universal Apps.
Read 6 tweets
Messari Profile picture
26 Mar
Olympus DAO is an attempt to create a stable currency (OHM) through managing a treasury of assets.

Initially this treasury will consist solely of DAI and OHM-DAI Sushi LP shares.

Over time Olympus DAO will add new collateral types and ultimately stabilize versus a basket.

1/ Image
At a high level Olympus DAO features a single token, OHM, which is both the system’s stable asset and its governance token.

OHM can be staked in return for sOHM which allows OHM holders to accrue protocol profits as well as participate in Olympus DAO governance. Image
The core building blocks of Olympus DAO are protocol controlled value (PCV), market operations, and bonding.
Read 9 tweets
Messari Profile picture
25 Mar
How does an independent Ethereum monetary system powered by non pegged stablecoins work in practice?

It starts with Ethereum’s native asset ETH 👇
ETH is decent money and will become better with time. It’s:

+ scarce
+ easy to verify
+ fungible
+ divisible
+ portable

With Ethereum 2.0 and EIP-1559, it's potentially deflationary.

However, it’s not a great currency.
It's volatile and undesirable to use for many financial activities that benefit from price stability.

In other words, ETH may be a solid store of value, but it's a poor medium of exchange and unit of account.
Read 6 tweets
Messari Profile picture
24 Mar
THORchain 101:

@thorchain_org is a decentralized cross-chain AMM, built on the Cosmos SDK, that provides a trust-minimized way to trade spot tokens across various L1 blockchains.
Cross-chain swaps are facilitated by a network of continuous liquidity pools (CLPs) and validator nodes.
The protocol's native asset, $RUNE, serves as:

1) collateral posted by nodes ensuring network security

2) the common quote currency for each CLP.

RUNE is staked as collateral for validators providing cross-chain proofs to settle cross-chain swaps.
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

Like this author's thread?

Get emails when @MessariCrypto has new unrolls!

Check out other threads from @MessariCrypto!

Read all threads by @MessariCrypto