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May 17 β€’ 4 tweets β€’ 5 min read
Numbers never lie 😎

While the market fluctuated strongly with a series of incidents. 😭

$NEAR's TVL has quadrupled since 6 months ago. πŸ”₯

#Solana #Avax #Polygon #BSC #ETH #Near #AURORA
1/ Check it out: defillama.com πŸ‘ˆ

TVL on blockchain ecosystems in 6 months
#NEAR +462%

#Solana -56,5%
#Avax -58.2%
#Trx -58.5%
#Polygon -42.5%
#BNBchain -48.0%
#ETH -51.%
2/ This success mainly comes from the intrinsic of talented people and unlimited ability of technology.

Β $USN launched at a time when users lost faith in stable-coins, but still asserted its difference and innovation.
3/ In addition, we cannot help but mention Alpha Dapps on @NEARProtocol for contributing most of TVL to the ecosystem.

@BastionProtocol's $BSTN accounted for ~56.8% ($260M) of total TVL on $Aurora

@finance_ref's $REF accounts for ~47.2% ($220M) of total TVL on $Near

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More from @NEAR_daily

May 18
0/It's time for us to bring this topic up for discussion.Β 

This thread will help you understand the difference between USN/NEAR and UST/LUNAΒ 
Both are algorithmic stablecoin, but what differentiate USN/NEAR, for them to prevent the same tragic crash that happened to UST and LUNA Image
TLDR πŸ˜…

4 Main reasons why $USN is different from $UST

1/ Smart working mechanism of $USN

2/ $USN owns a more sustainable mechanism than $UST

3/ $USN is just getting started, hasn't fallen into the FOMO phase yet

4/ The stability of the @NEARProtocol ecosystem
@NEARProtocol 1/ First, to understand how $USN works, you need to re-read this threadΒ 

Β 

to understand @DcntrlBankβ€˜s price stabilization mechanism, asset collateral strategy and its management approach for $USN
Read 20 tweets

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