1./ Cosmos is recognized as one of the greatest ecosystems around. However, the $ATOM token is often mentioned as a token without value capture. But is this right?
Letβs talk about $ATOM
2./ The main topics I want to discuss in this thread are:
Interchain Security
Liquid staking
IBC routing
And how those topics affect $ATOM
3./ Cosmos aims to be the internet of blockchains: a network with sovereign proof-of-stake blockchains that are able to communicate with each other. But each proof-of-stake chain needs security. And for security, validators are needed.
1./ You want those $PRISM tokens? Me too. But how? For me it's one of the most awaited projects so I'm very excited about trying to buy early.
A few days ago @prism_protocol announced its launch. You want to know how to participate as early as possible? Read further π
2./ As I explained earlier the tokenomics of $PRISM are amazing. I expect them to attract a huge amount of value since $PRISM is gonna be the base token in the liquidity pools on the $PRISM-dex. Yes, it's a bit like $RUNE.
1./ Yesterday @TeamKujira posted about $aUST becoming available to bid on liquidated assets in the near future. I already shared it because I'm very excited about it, but why am I so excited?
A short thread on why this matters so much π§΅π
2./ Currently you have to deposit $UST in #ORCA to be able to buy discounted liquidated assets. It's interesting, but it does have opportunity costs.
Depositing $UST in @anchor_protocol gives you 19.5% APY. And you're not getting this once the $UST is deposited in #ORCA.
3./ Once your bids in #ORCA won't get filled, you're missing out on the 19.5% APY @anchor_protocol would have given to you and you're not buying discounted, liquidated assets either.
But why is it important? Why should you actually care?
A thread π§΅π
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
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 π₯
If you want to know why I'm so excited about this project, read further π
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.