A lot is happening on the #Stellar network. Let me walk you trough some of the biggest developments. In this thread i'll cover:

🚀Turing complete smartcontracts
🚀#DeFi / #SmartDefi
🚀Liquidity pools
🚀Claimable balances
🚀Clawbackable assets
🚀#CDBC's
🚀Impact on $XLM

1/9
2. Let’s start with what what was already there.

#Stellar is made for interoperable payments and has an on-chain #DEX. Its consensus mechanism is similar to the Internet, making it:

✅Fast
✅Cheap
✅Scalable
✅Regulatory friendly

3. Tss
#Stellar uses operations and multi-sig to offer basic smart contract functionality. It didn’t have turing complete smart contracts like #Ethereum though.

With the new 2nd layer “TSS protocol", #Stellar now has full blown smart-contracts.

medium.com/stellar-commun…
3. #DeFi
Using the new TSS protocol, Yield Blox by @script3official is creating a #DEFI money market protocol on #Stellar.

The protocol has functions for lending, borrowing, margin accounts, FX forwards, and staking.
docs.ybx.script3.io/user-docs/gene…
4. Liquidity pools
The next protocol upgrade will implement on-chain liquidity pools. This will offer a very efficient way to generate liquidity like we have seen on #Ethereum, but then with near 0 fees and almost instant settlement.

stellar.org/blog/introduci…
5. Claimable balance + sponsored reserves

With the claimable balances and sponsored reserves, companies building on #Stellar can offer a seamless onboarding to its users, without the need to explain trustines, fees or even $XLM.

stellar.org/blog/protocol-…
6. Clawbackable assets

This lets issuers of regulated assets clawback assets when needed. This feature is optional, $XLM for example doesn’t have this flag.

The new option makes sure regulated institutions can issue tokenized assets in a regulated way.

stellar.org/blog/protocol-…
7. #CDBC's
Multiple projects are working on the issuance of a #CDBC on #Stellar. Building on #Stellar allows #CB's to issue these assets in a compliant, fast, cheap and scalable way.

#Stellar is like the Internet for #CDB's; making them interoperable.

ledgerinsights.com/stellar-blockc…
8. Impact on $XLM
Adoption of the #Stellar network means that:

🚀More $XLM are locked for minimum balances and reserves
🚀More $XLM is locked in pools and orderbooks
🚀The utility of $XLM grows as you can use it with more and more endpoints

9. Summary

#Stellar already was fast, cheap and scalable, but is rapidly making progress in the direction of off-chain smartcontracts, #DeFi, liquidity pools and the issuance of regulated assets like #CDBC's.

The future looks bright! Will #Stellar proof be the #Ethereum killer?

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More from @pickingunicorns

10 Jan
1/
Hey #Stellar community!

I would like to launch a, hopefully, fun social experiment: #StellarSpread!

The idea is that I will send 3 people 100 $XLM each. These 3 people should then split the amount among 1-3 people they trust to do the same. Each forming their own "chain". Image
2/
We will keep track of the 3 chains to see which one is the most "infectious". Every person involved should pick people who they think will do a good job in spreading the #Stellarspread further!

Who is in and wants to help #StellarSpread by being one of the first "infectees"?
3/ Fun fact: 10 people spreading this to 3 other people, will lead to 177,000 people taking part in this experiment!

We'll keep track of the spread through a forms + google spreadsheet (🤓). Any help in automation, visualization is welcome!
Read 5 tweets
7 Feb 21
1/x

A few tweets about the significance of P2P payments in #cryptocurrency and why interoperability with traditional financial rails is key to reach mass adoption.
In the early days, the #bitcoin narrative evolved around P2P payments. We needed a digital equivalent of cash.
This was inspired by the role of banks in the 2008 financial crisis.

IF #BTC would become the currency of the internet, as a result it should be valuable.
Since then, this has changed into a #HODL and #BTC = #Gold narrative. Scarcity brings value.

Where in the early days people wanted to spend #BTC, this has become quite rare. Why is that? There are a couple of reasons.
Read 11 tweets
4 Jan 21
1/x A thread on why this is big.

Since the #Bitcoin White-paper, we have unfortunately not seen widespread use of a "p2p electronic cash system" yet.

In part this is due to the inefficient interaction of #BTC with FIAT:

↔️ If I want to pay in BTC, but my friends USD i'm stuck.
#Stellar solves this by allowing for easy tokenization of assets on 1 interoperable network. This allows atomic transaction like:

- Paying $XLM while my friend receives $USD
- Paying $USD while my friend receives $EUR
- Paying tokenized $BTC while my friend receives $USD
This means you can pay $XLM or any other asset, while your friend receives FIAT in his bank account in seconds.

Here is an example of how @tempo_eu and @cowrie_exchange facilitate transaction from $EUR to $Naira.

stellar.org/case-studies/h…
Read 6 tweets

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