Thread by @Flowslikeosmo

$ATOM value accrual will reach a point of inflection, where supply will not be able to meet demand.

There is a reason why the bonded ratio continues to climb ⚛️

Here's how that will occur👇

$ATOM as collateral

1/ $USK by @TeamKujira holding ATOM as reserve for their overcollaterized stable coin.

https://twitter.com/TeamKujira/status/1556627154238070788?s=20&t=1gITUxUbd1osKveeJVpC1w

2/ The launch of $IST by @agoric

3/ The launch of $SILK by @Shade_Protocol

I've attached their docs providing a breakdown of their collateral plans:

-sSCRT
-stkd-SCRT
-sATOM
-XMR
-wBTC
-wETH
-DAI
-CMST

docs.shadeprotocol.io/shade-protocol…

4/ @Composite_Money introducing their own stable coin $CMST

Which will also be using $ATOM as collateral.

Here's a good breakdown of $CMST👇

hfsp.substack.com/p/how-overcoll…

5/ With of course the addition of #Interchain Security which will be the largest update to $ATOM tokenmics

Generating value for the chains opting into it but also back to $ATOM stakers.

$ATOM stakers understand this.👇

We’re still early in the evolution of $ATOM with some of the biggest chapters in its history yet to be written .

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