1./ Imagine a protocol that gives you 30-60% on stables and its token value is sensitive to the TVL in the protocol. I'm talking about @SandclockOrg ๐ฅ
If you want to know why I'm so excited about this project, read further ๐
2./ With only 500B TVL the $QUARTZ price is expected to be around 250$.
Now imagine @anchor_protocol gives you around 20% on stable coins and has a TVL of over 11B.
Exactly that is why I'm so convinced of the potential of @SandclockOrg and its $QUARTZ token.
3./ Current price of $QUARTZ is ranging between 16$ and 20$ last days. Current TVL in @SandclockOrg is zero. Vaults are expected to launch by the end of January.
But why is it important? Why should you actually care?
A thread ๐งต๐
2./ As we all know, it's possible to use a delta neutral strategy on @mirror_protocol. This basically means that you have the same upside as downside. So no matter which way the price is moving, the value of you're holdings stay (almost) the same.
3./ But why is it interesting? Why should I care if my values stay the same? Well, both your short as your long position will give you rewards. See the picture below for some examples
#RAISETHECAPS is something we see coming by a lot in the @THORChain community. What are those caps? Why do we have these? Why should they be raised? And most important, what is the impact of it on $RUNE?
Let me explain ๐งต
2./ @THORChain is a cross-chain liquidity protocol where users can swap native assets against each other. Without wrapping or pegging assets.
To enable users to swap a certain asset, a liquidity pool of that specific asset needs to be available on #Thorchain.
3./ For example, if you want to swap native $ETH for native $BTC there are 2 liquidity pools needed. The first one is $ETH / $RUNE, the second one is $BTC / $RUNE. As you can see, both are paired against $RUNE. This is the case for every asset on @THORChain.
Now Christmas is over, it's time to prepare yourself for 2022. If you don't want to mis anything about $LUNA or $UST coming year, I recommend to follow these absolute legends:
1./ #Terra is a black hole. The mint of $UST is only at the beginning. Let me explain why I think #Terra will suck up an unimaginable amount of #DeFi value.
Now we see $UST going cross chain I think it's just a matter of time before others will follow. ๐งต
#Arbitrage opportunities are everywhere, so why stop here? I don't know about any other #Arbitrage protocol so far, so I don't see any obstacle for @WhiteWhaleTerra taking the the number 1 overall #Arbitrage spot.
3./ @TeamKujira becoming the place to go to buy liquidated assets. #ORCA is a massive success and borrowing assets against collateral is everywhere. So let's expand to everywhere! @TeamKujira has only just begun
1./ Today I saw some people talking about @staderlabs and how their APR is calculated.
I think it's a great protocol and it might be good to talk about them once again. I will dive into their APR, mechanics and the benefits for everyone who is staking $LUNA!
A thread ๐งต
2./ @staderlabs basically is a $LUNA staking platform. Take your $LUNA, stake it at @staderlabs and you don't have to worry about anything. They make a validator selection and take care of the auto-compounding.
3./ @staderlabs currently has three validator options;
- Blue chip, which are the highest performing validators;
- Community, the validators that contributes most to the community;
- Airdrop plus, validators providing their protocol's tokens.
1./ At the moment we have $LUNA, $bLUNA, $LUNAx and $nLUNA. $yLUNA and $pLUNA are coming. What are all those different types of $LUNA?
Let's dive into the greatest asset ever existed, $LUNA!
A thread ๐งต
2./ $LUNA is the token we all fell in love with. To mint $UST the equivalent dollar amount of $LUNA have to be burned. The more $UST is minted, the less $LUNA is circulating so the more value one $LUNA has.
3./ $LUNA is the basic version of the token, this is the token that's available on exchanges like @binance and @kucoincom. To get access to all those different types of $LUNA you need to send your $LUNA from the exchanges to a #Terrastation wallet.