STABLECOIN MAP TO #SOLANA

Lately, @Saber_HQ and @Allbridge_io have together connected @solana to many other blockchains for the flow of the stable coin. Until now, numerous stable coin appeared on Solana, mostly through the pool on Saber

#SolanaSummer #Solanaszn
@Saber_HQ @Allbridge_io @solana STABLECOIN MAP TO #SOLANA

The available stable coin on @solana are USDT, USDC, and PAI of @gopartyparrot.

#SolanaSummer #Solanaszn
@Saber_HQ @Allbridge_io @solana @gopartyparrot STABLECOIN MAP TO #SOLANA

With @Allbridge_io, Solana is welcoming BUSD from BSC @BinanceChain , cUSD from CELO @CeloOrg, apUSDC, apUSDT & MAI from Polygon @0xPolygon

#SolanaSummer #Solanaszn
@Saber_HQ @Allbridge_io @solana @gopartyparrot @BinanceChain @CeloOrg @0xPolygon STABLECOIN MAP TO #SOLANA

With Wormhole, Solana is welcoming UST from Terra @terra_money, HUSD, USDK, DAI from Ethereum.

#SolanaSummer #Solanaszn

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More from @solana_daily

23 Sep
TVL RATIO OF PROJECTS IN #SOLANA ECOSYSTEM

The TVL ratio in the formula is defined as Total Market Cap / TVL. In most cases, it helps determine whether a project is undervalued or overvalued.

#SolanaSummer #Solanaszn
TVL RATIO OF PROJECTS IN #SOLANA ECOSYSTEM

The top 5 TVL projects, their ratio and their mkt cap are
@Saber_HQ 0.02251 $69M
@RaydiumProtocol 0.49299 $756M
@SunnyAggregator 0.00916 $12M
@Solfarmio 0.03502 $25M
@ProjectSerum 0.67129 $417M

#SolanaSummer #Solanaszn
@Saber_HQ @RaydiumProtocol @SunnyAggregator @Solfarmio @ProjectSerum TVL RATIO OF PROJECTS IN #SOLANA ECOSYSTEM

As can be seen from the data, both @RaydiumProtocol and @ProjectSerum are now achieving a relatively fair value. With both TVL ratios nearly 0.5, they still have room to grow but not so fast.

#SolanaSummer #Solanaszn
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