3\ @coinhall_org opened my eyes to the most beautiful and healthy alignment of incentives in Web3.0: A PoS community validator node with additional upside for stakers.
While you get yield for helping to secure the network, I have the opportunity to create a sustainable income.
4\ We share the upside of the @terra_money network together and support the process to further decentralize voting power 🗳️
I want to push this forward by becoming a community validator myself, like so many other great ones before me ✊ Thank you for your work, friends!
5\ And no worries, I won't ever limit my content. I believe in the power of free information. The validator income will be one part to achieve that.
However, I am working on another cornerstone to enable benefits for people that would like to stake with me: Welcome WAGMIdao!
6\ The WAGMIdao will be a community where we will discover together DeFi & NFTs in a lossless manner via @PixyFund
While I can´t give away the full concept, I want to tell you that stakers will have a special place in that new type of fair community! 🤝
Please stay tuned :)
7\ So wen? Soon!
I will join forces with the amazing team of @daic_capital & @blockpit_io to enable the best technical infrastructure possible for a validator.
We are finalizing the last process steps to go live. I truly can´t wait!
8\ But wait, what about the Expansion Pack 3 | [REDACTED]?
Well, you know, multi-chain is the future 🙇♂️ The moon feels most comfortable living on all the chains.
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2\ Currently, the Degenbox is holding 100M $UST. As per Medium article by @MIM_Spell, the Degenbox shall keep around 10% of $UST on the Ethereum chain.
That number decreased by 43M in last week, which indicates that around 0.5B $UST has been withdrawn from EARN (more possible)
Osmosis has been a fantastic Degen experience in the last months. However, despite the current market sentiment, $OSMO is holding firm & showing tremendous strength 🧪
What are current farming opportunities, and what does an experimental farmer consider? Let's deep dive!
👇🧵\n
1/ Frist, let's focus on the yield and LP bonding mechanism.
As for many AMMs, @osmosiszone offers three yield opportunities for LPs: Swap Fees, Farming Rewards, and External Incentives 💰
However, the front-end shows only APRs on $OSMO as Farming Rewards 🧮
2/ Second, @osmosiszone uses an exquisite bonding mechanism to incentivize sustainable farming 🔒
The longer you bond your LP, the higher your rewards in $OSMO. You can choose between 1, 7, and 14 days.