Do you wonder why everyone is bullish on Levana and what the launch means for $UST? No worries, I got you! Here is a casual summary of the Levana Protocol V. 1.0 🧵👇
Levana is a protocol to trade Derivatives - similar to Binance future. Meaning you can Long/Short Tokens with Leverage.
• The derivatives market is said to be ~ $1 quadrillion
• The crypto-related derivatives ~$2.7 trillion
A lot of potential demand for $UST 🔥
Levana is building a decentralized Derivatives Market on Terra utilizing $UST to leverage tokens.
Their first product will be 2XLUNA Tokens.
These Levana Leverage Index (LLI) Tokens can be traded on the native AMM.
Auto-rebalancing to decrease the risk of liquidation risk.
The Vertex protocol (@vertex_protocol) will bring billions of $UST Volume to Terra. Here is what you need to know. 🧵👇
First, some insane facts about the FX Market:
• daily turnover of $6.6 trillion dollars in 2019
• total market value ~ $2.400 quadrillion (!) dollars
• only traditional financial market operating 24/7
0,1% of $1 Trillion Volume = $10 Billion daily (!) Volume for $UST ..
Fx (foreign exchange market) means trading currencies with leverage. For example Long EUT (10x)
The Vertex protocol is bringing this giant industry onto the Terra Ecosystem. Take a look at their UX on the Terra Testnet.
$Mars is just getting started, my friends. Here is why I am ultra bullish on @mars_protocol 🧵👇 $UST
The future of banking is crypto - The Terra Ecosystem is positioning to be the industry standard for banking and finance. The Redbank will allocate A LOT (!) of Marketshare.
The logical conclusion to this is, that a lot of Liquidity will be moved through the Mars protocol. Not only due to retail banking but also because of their Contract-2-Contract lending.
Liquidity flowing through a protocol = protocol revenue
Luna could quite literally be the best-performing asset in 2022. Here is why I am ultra bullish: 🧵👇
$UST grew by over an incredible 70% (!) in less than 5 months. It is now the 3rd biggest stablecoin. I guess we will flip USDC in 2022.
The only valid argument against $UST is the potential de-peg risk all algorithmic stablecoins bring. However, the Luna Foundation Guard protects the PEG with more than $2B.