🇸🇻 El Salvador has approved #Bitcoin as legal currency.

El Salvador has:
Pop. - 6.5M
Unbanked Adults - 60%
Mobile Phone Connections - 1.45/person
Internet Users - 59%
Active Social Media Users - 59%

Is this a benchmark for #DeFi adoption? Who's next?

A short thread
1/ 🧵👇
2/ 🇨🇴 Colombia 🇨🇴

Colombia has:
Pop. - 16.5M
Unbanked Adults - 65%
Mobile Phone Connections - 1.19/person
Internet Users - 69%
Active Social Media Users - 69%
3/ 🇮🇩 Indonesia 🇮🇩

Indonesia has:
Pop. - 270M ⭐️
Unbanked Adults - 52%
Mobile Phone Connections - 1.24/person
Internet Users - 64%
Active Social Media Users - 59%
4/ 🇵🇦 Panama 🇵🇦

Panama has:
Pop. - 4.2M
Unbanked Adults - 54%
Mobile Phone Connections - 1.14/person
Internet Users - 62%
Active Social Media Users - 56%
5/ 🇵🇾Paraguay🇵🇾

Panama has:
Pop. - 7.1M
Unbanked Adults - 52%
Mobile Phone Connections - 1.02/person
Internet Users - 65%
Active Social Media Users - 56%
6/ 🇵🇪 Peru 🇵🇪

Peru has:
Pop. - 3.2M
Unbanked Adults - 58%
Mobile Phone Connections - 1.16/person
Internet Users - 73% ⭐️
Active Social Media Users - 73%⭐️
7/ 🇵🇭 Philippines 🇵🇭

Philippines has:
Pop. - 108M
Unbanked Adults - 66%
Mobile Phone Connections - 1.59/person ⭐️
Internet Users - 67%
Active Social Media Users - 67%
8/ 🇹🇳 Tunisia 🇹🇳

Tunisia has:
Pop. - 11.7M
Unbanked Adults - 64%
Mobile Phone Connections - 1.51/person
Internet Users - 64%
Active Social Media Users - 62%
9/ 🇻🇳 Vietnam 🇻🇳

Vietnam has:
Pop. - 96.5M
Unbanked Adults - 69% ⭐️
Mobile Phone Connections - 1.5/person
Internet Users - 70%
Active Social Media Users - 67%
50.3MM*
10/ 🇨🇴 Colombia 🇨🇴 (with the correct population this time)

Colombia has:
Pop. - 50.3M
Unbanked Adults - 65%
Mobile Phone Connections - 1.19/person
Internet Users - 69%
Active Social Media Users - 69%

• • •

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More from @Crypto_Texan

7 Jun
The future is #DeFi, and the future is #DAO 🏗️

$DPI (DeFi Pulse Index) was created to be a passive investment vehicle for broad exposure to the DeFi Sector. 💰

Updated allocations for the index are below, as of 6/7/2021.

📰News you probably already know: A thread.

1/ 👇🧵 Image
3/ @AaveAave

$Aave will be implementing the first wave of exploring new scalability frontiers with @0xPolygon

medium.com/aave/exploring…
Read 16 tweets
7 Jun
Most undervalued sector in crypto with the greatest L2 potential? The Metaverse.

✨The Metaverse Index is 15 tokens in ONE✨

$MVI is a basket of tokens capturing the trend of NFTs, entertainment, sports, & business shifting to a virtual environment.

What's in the $MVI?

1/🧵👇
2/ $ENJ - @enjin - 16.2% of the $MVI

#Enjin allows game developers to tokenize in-game items on the #Ethereum blockchain. It uses $ENJ, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.
3/ $MANA - @decentraland - 14.9% of the $MVI

#Decentraland is a decentralized VR world. Where you can purchase land, build on it, monetize, and immerse into the applications and content that is built by other users. Land and in-game currency give users complete ownership.
Read 21 tweets
31 May
How to get more from your DeFi Pulse Index $DPI
A THREAD

#1/8 Broad Exposure to DeFi - $DPI is used to give users diversified exposure to the top #DeFi blue chips.
14 top DeFi protocols in ONE token.

Article credit:@Mringz @davidesilverman

Details👇
gov.indexcoop.com/t/what-you-can…
#2/8

Liquidity Providing (LPing) - LPing for $DPI / $ETH on a DEX like @Uniswap, @loopringorg or @SushiSwap enables DPI holders to earn a portion of the trading fees.

$SUSHI - Onsen program = extra rewards in SUSHI

$UNI - Largest pool for DPI

$LRC - ZK roll-up = less gas fees Image
#3/8

Liquidity Mining - In addition to the trading fees earned by providing liquidity to DEX pools, LPers can earn additional rewards by staking their $DPI / $ETH LP tokens via the @indexcoop website to receive rewards in $INDEX tokens.

Index Coop - Est. target APY: 12% (INDEX) Image
Read 8 tweets
24 May
#DeFi was battle-tested in last week's dip, that would have sent TradFi into turmoil.

DeFi Pulse Index $DPI gives broad market-cap weighted exposure to blue-chip protocols in the DeFi space.

14 DeFi tokens wrapped into ONE!

Current $DPI allocations 👇 1/16

Video: @earth_maze
2/16
$AAVE - #Aave - 21.09%
@AaveAave is a decentralized money market protocol where users lend and borrow crypto using crypto as collateral. Lenders earn interest by providing liquidity, borrowers borrow by collateralizing their crypto to take out loans from the liquidity pools. Image
3/16
$UNI - #Uniswap - 20.38%
@Uniswap is a DEX that allows users to swap ERC-20 tokens on #Ethereum with no centralized intermediary. Traders are not exposed to the security risks of a centralized exchange. V3 allows for "concentrated liquidity" which limits impermanent loss. Image
Read 16 tweets
11 May
14 DeFi Tokens all wrapped into ONE
- The S&P 500 of DeFi
- Strict/transparent token inclusion criteria
- Redeem underlying tokens any time
- Market-cap weighted index
- Auto-rebalancing monthly
- Eliminate costly transactions
- Diversified #DeFi Portfolio

DeFi Pulse Index $DPI
Each $DPI token contains (as of 5/11):

$UNI - 23.1%

$AAVE - 17.4%

$MKR - 14.4%

$COMP - 13.0%

$SNX - 8.0%

$YFI - 7.7%

$SUSHI - 6.8%

$REN - 2.5%

$BAL - 2.2%

$KNC- 2.1%

$LRC - 2.0%

$FARM - 0.3%

$CREAM - 0.3%

$MTA - 0.2%
The $DPI is a crypto-native digital asset index for #DeFi. The index is weighted based on the circulating supply. #DPI tracks projects with significant usage, maintenance and development.

@sassal0x explains on @BanklessHQ podcast
Read 7 tweets

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