1/14
With everything that is happening with the blacklisting of tornado cash, #USDC and #USDT. With all the Risks of centralized exchanges becoming obvious after #Celsius. And with #Terra showing us what can happen with faulty designs…
With everything that is happening with the blacklisting of tornado cash, #USDC and #USDT. With all the Risks of centralized exchanges becoming obvious after #Celsius. And with #Terra showing us what can happen with faulty designs…
2/14
I would like to explain a little about the @RSKsmart (#Rootstock) ecosystem and why I am such a big believer in it.
Firstly, it is secured by the #Bitcoin miners
Secondly, almost all the fees get paid to the #BTC miners, making the main chain stronger
I would like to explain a little about the @RSKsmart (#Rootstock) ecosystem and why I am such a big believer in it.
Firstly, it is secured by the #Bitcoin miners
Secondly, almost all the fees get paid to the #BTC miners, making the main chain stronger
3/14
The native token is backed 1:1 with #BTC, it follows its price action. And can be converted back and forth at any time.
It is accurate to state that the entire #Rootstock (@RSKsmart ) network is designed from the ground up to make #Bitcoin stronger
The native token is backed 1:1 with #BTC, it follows its price action. And can be converted back and forth at any time.
It is accurate to state that the entire #Rootstock (@RSKsmart ) network is designed from the ground up to make #Bitcoin stronger
4/14
One of the biggest protocols in the ecosystem is @moneyonchainok.
They created a StableCoin #DOC which is backed only by Bitcoin
Making it the most #decentralized, secure and unstoppable #StableCoin in the entire world.
One of the biggest protocols in the ecosystem is @moneyonchainok.
They created a StableCoin #DOC which is backed only by Bitcoin
Making it the most #decentralized, secure and unstoppable #StableCoin in the entire world.
5/14
The #Doc is overcollateralized so even through bear markets it has never lost its peg
This extra collateral comes from a different player in the system, the #Bpro Holders
The #Doc is overcollateralized so even through bear markets it has never lost its peg
This extra collateral comes from a different player in the system, the #Bpro Holders
6/14
The #Bpro holder absorbs the volatility of the #DOC, this results in a slightly leveraged #Bitcoin, which is perfect for those of us who believe in the long term performance of #BTC
The #Bpro holder absorbs the volatility of the #DOC, this results in a slightly leveraged #Bitcoin, which is perfect for those of us who believe in the long term performance of #BTC
7/14
As further incentives 20% of the fees the platform earns get paid to the #Bpro holder
The game theory between Brpo and #DOC,
between long term investors & stability seekers and their mutual benefit, makes the platform work
As further incentives 20% of the fees the platform earns get paid to the #Bpro holder
The game theory between Brpo and #DOC,
between long term investors & stability seekers and their mutual benefit, makes the platform work
8/14
@SovrynBTC is the other biggest platform in @RSKsmart
They have #decentralized borrowing and lending. Where one can earn on their assets
#AMM pools, swaps and staking to earn revenue from platform fees
@SovrynBTC is the other biggest platform in @RSKsmart
They have #decentralized borrowing and lending. Where one can earn on their assets
#AMM pools, swaps and staking to earn revenue from platform fees
9/14
They’ve recently released the #ZERO protocol, which is a gamechanger.
Anyone can now open a line of credit with their #Bitcoins
In order to unlock their short term purchasing power without giving up the long term appreciation
They’ve recently released the #ZERO protocol, which is a gamechanger.
Anyone can now open a line of credit with their #Bitcoins
In order to unlock their short term purchasing power without giving up the long term appreciation
10/14
@tropykus offer another alternative for lending and borrowing, @CarnavalArtNFT has an #NFT marketplace
And there are many other projects already functioning and others about to be deployed.
@tropykus offer another alternative for lending and borrowing, @CarnavalArtNFT has an #NFT marketplace
And there are many other projects already functioning and others about to be deployed.
11/14
@RSKsmart is creating a fully functioning, truly public and global economic ecosystem built entirely on #Bitcoin, with all the fees paid to the #BTC miners.
Accessible to anyone anywhere in the world
@RSKsmart is creating a fully functioning, truly public and global economic ecosystem built entirely on #Bitcoin, with all the fees paid to the #BTC miners.
Accessible to anyone anywhere in the world
12/14
No #KYC, no matter your gender, ideology or nationality.
Gaining adoption mainly in emerging markets like South America and Africa.
Offering opportunities and driving #Bitcoin adoption like nothing else.
No #KYC, no matter your gender, ideology or nationality.
Gaining adoption mainly in emerging markets like South America and Africa.
Offering opportunities and driving #Bitcoin adoption like nothing else.
13/14
The future is already here, we do not need to trust anymore in centralized institutions that can be corrupted or censored.
It is open, free and available to anyone who seeks it. And day by day... it's only growing.
The future is already here, we do not need to trust anymore in centralized institutions that can be corrupted or censored.
It is open, free and available to anyone who seeks it. And day by day... it's only growing.
14/14
#Bitcoin offers the best #security and #decentralization
#DEFI offers full #transparency and #auditability
What happens when you put these two together? …
#DEFIonBTC
Learn more at: rsk.co
#Bitcoin offers the best #security and #decentralization
#DEFI offers full #transparency and #auditability
What happens when you put these two together? …
#DEFIonBTC
Learn more at: rsk.co
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