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๐ป Discover the Power of #GHOST: Kujira's Money Market ๐ป
In this comprehensive thread, we'll explore the exciting world of GHOST, Kujira's innovative money market platform. Learn how GHOST enables lending, borrowing, and earning interest, and understand the key features.
In this comprehensive thread, we'll explore the exciting world of GHOST, Kujira's innovative money market platform. Learn how GHOST enables lending, borrowing, and earning interest, and understand the key features.
1/22 Introducing #GHOST: Kujira's Money Market
Unlock the full potential of your assets with lending, borrowing, and earning interest on the GHOST platform. Dive into the depths of the Kujira seas and experience a world of opportunities! Follow @TeamKujira for more updates.
Unlock the full potential of your assets with lending, borrowing, and earning interest on the GHOST platform. Dive into the depths of the Kujira seas and experience a world of opportunities! Follow @TeamKujira for more updates.
2/22 Fun #GHOST Lore ๐
In the tranquil depths of the Kujira seas, the GHOST, a powerful and mystical entity, to mobilize assets and put them to work. Serving as guiding force behind Kujira's money market, where lending, borrowing, and earning interest are harmoniously balanced.
In the tranquil depths of the Kujira seas, the GHOST, a powerful and mystical entity, to mobilize assets and put them to work. Serving as guiding force behind Kujira's money market, where lending, borrowing, and earning interest are harmoniously balanced.
3/22 Vaults, Markets & Orca Queues ๐ฆ
#GHOST features these domains: Vaults, where users provide assets as collateral; Markets, allowing borrowing with collateral; and #ORCA Queues, managing liquidations to ensure stability. Together, they create a harmonious flywheel for Kujira
#GHOST features these domains: Vaults, where users provide assets as collateral; Markets, allowing borrowing with collateral; and #ORCA Queues, managing liquidations to ensure stability. Together, they create a harmonious flywheel for Kujira
4/22 Collaterals in #GHOST ๐ป
Supported assets: $ATOM, $stATOM, $wBNB, $wBTC, $DOT, $wETH, $KUJI, $LUNA, $stOSMO, $OSMO, $gPAXG, $axlUSDC, $USK. Deposit these assets as collateral and unlock the power of GHOST's money market. ๐ฐ
Supported assets: $ATOM, $stATOM, $wBNB, $wBTC, $DOT, $wETH, $KUJI, $LUNA, $stOSMO, $OSMO, $gPAXG, $axlUSDC, $USK. Deposit these assets as collateral and unlock the power of GHOST's money market. ๐ฐ
5/22 GHOST LEND as a Bank ๐ฆ
Think of GHOST LEND as a bank with 0 assets. Users deposit their assets to the bank, putting them to work. These assets are then lent to borrowers with the collateral they post.
Think of GHOST LEND as a bank with 0 assets. Users deposit their assets to the bank, putting them to work. These assets are then lent to borrowers with the collateral they post.
6/22 Lending Explained ๐
Lending on #GHOST means depositing assets like cryptocurrencies or stablecoins into Vaults. In return, you receive synthetic tokens representing your share of the pool. These tokens, such as $xATOM and $xwETH, automatically accrue interest over time. ๐น
Lending on #GHOST means depositing assets like cryptocurrencies or stablecoins into Vaults. In return, you receive synthetic tokens representing your share of the pool. These tokens, such as $xATOM and $xwETH, automatically accrue interest over time. ๐น
7/22 Lending Benefits
When you lend on GHOST, you're allowing other users to borrow your assets. The interest you earn comes from borrowers who pay interest on the assets they borrow. This creates a passive income stream for lenders while providing liquidity to the ecosystem.
When you lend on GHOST, you're allowing other users to borrow your assets. The interest you earn comes from borrowers who pay interest on the assets they borrow. This creates a passive income stream for lenders while providing liquidity to the ecosystem.
8/22 Borrowing Explained ๐
Borrowing on #GHOST involves posting collateral (e.g., stablecoins or other supported assets) and taking positions on tokens. Maintain your positions and avoid liquidation by #ORCA to benefit from market volatility. ๐ KUJI eg ๐
Borrowing on #GHOST involves posting collateral (e.g., stablecoins or other supported assets) and taking positions on tokens. Maintain your positions and avoid liquidation by #ORCA to benefit from market volatility. ๐ KUJI eg ๐
9/22 Borrowing Benefits
Borrowing on GHOST allows you to access additional funds without selling your existing assets. This can help you leverage market opportunities, diversify your portfolio, or manage risks more effectively. Remember, maintain your positions to avoid liq.
Borrowing on GHOST allows you to access additional funds without selling your existing assets. This can help you leverage market opportunities, diversify your portfolio, or manage risks more effectively. Remember, maintain your positions to avoid liq.
10/26 Ghost Orca Queues
Ghost Orca Queues is a sub-aspect of the Orca liquidation engine, which protects GHOST lenders and their collateral. By overseeing the Ghost Orca Queues, the platform ensures that the assets being borrowed are properly managed and liquidated if necessary.
Ghost Orca Queues is a sub-aspect of the Orca liquidation engine, which protects GHOST lenders and their collateral. By overseeing the Ghost Orca Queues, the platform ensures that the assets being borrowed are properly managed and liquidated if necessary.
11/22 Liquidation Mechanics ๐ง
Liquidation is a process where the platform sells off the borrower's collateral to recover the borrowed assets when borrower fails to maintain required collateral value. This mechanism ensures the stability of the platform and protects the lenders.
Liquidation is a process where the platform sells off the borrower's collateral to recover the borrowed assets when borrower fails to maintain required collateral value. This mechanism ensures the stability of the platform and protects the lenders.
12/22 GHOST Ecosystem ๐
Experience lending, borrowing, and earning interest on @TeamKujira's GHOST platform. Visit Ghost.kujira.app and immerse yourself in a DeFi ecosystem designed to help you maximize the value of your cryptocurrencies and stablecoins. ๐ฅ
Experience lending, borrowing, and earning interest on @TeamKujira's GHOST platform. Visit Ghost.kujira.app and immerse yourself in a DeFi ecosystem designed to help you maximize the value of your cryptocurrencies and stablecoins. ๐ฅ
13/22 Vaults in Depth ๐ฆ
When you deposit assets into Vault, you receive synthetic tokens representing your share of pool. These tokens can be redeemed for the underlying assets plus any accrued interest. This allows you to keep track of your earnings and manage your portfolio.
When you deposit assets into Vault, you receive synthetic tokens representing your share of pool. These tokens can be redeemed for the underlying assets plus any accrued interest. This allows you to keep track of your earnings and manage your portfolio.
14/22 Markets in Depth
In the GHOST Markets, users can borrow assets such as cryptocurrencies or stablecoins by posting collateral in the form of other supported assets. Borrowing rates are determined by market dynamics and can vary based on the supply and demand for each asset.
In the GHOST Markets, users can borrow assets such as cryptocurrencies or stablecoins by posting collateral in the form of other supported assets. Borrowing rates are determined by market dynamics and can vary based on the supply and demand for each asset.
15/22 Orca GHOST Queues in Depth ๐ณ
The Orca Queues oversee the liquidation process, allowing users to bid on collateral that is not being repaid and is up for liquidation, with discounts of up to 30%. This process ensure the stability of Kujira's #GHOST lenders and their assets
The Orca Queues oversee the liquidation process, allowing users to bid on collateral that is not being repaid and is up for liquidation, with discounts of up to 30%. This process ensure the stability of Kujira's #GHOST lenders and their assets
16/22 GHOST's Role in Kujira Ecosystem ๐
GHOST plays a vital role in the Kujira ecosystem by providing a money market platform that facilitates lending, borrowing, and earning interest.
GHOST plays a vital role in the Kujira ecosystem by providing a money market platform that facilitates lending, borrowing, and earning interest.
17/22 Its interconnected domains work together to attract volume, enhance liquidity, and manage risk, benefiting the entire ecosystem. ๐
18/22 Tips for Lenders ๐ก
When lending on GHOST, diversify your assets across different Vaults to spread risk and maximize returns. Keep an eye on interest rates and market conditions to make informed decisions about which assets to lend. ๐
When lending on GHOST, diversify your assets across different Vaults to spread risk and maximize returns. Keep an eye on interest rates and market conditions to make informed decisions about which assets to lend. ๐
19/22 Tips for Borrowers ๐ก
When borrowing on GHOST, ensure that you maintain a healthy collateral ratio to avoid Liq. Monitor market conditions and adjust your positions accordingly. Be mindful of interest rates and plan your borrowing strategy to optimize your portfolio
When borrowing on GHOST, ensure that you maintain a healthy collateral ratio to avoid Liq. Monitor market conditions and adjust your positions accordingly. Be mindful of interest rates and plan your borrowing strategy to optimize your portfolio
20/22 How to Get Started ๐
Visit Ghost.kujira.app and connect your wallet to start. Follow the on-screen instructions to deposit assets into Vaults or post collateral for borrowing. Monitor your positions and manage your assets accordingly. ๐ฅ๏ธ
Visit Ghost.kujira.app and connect your wallet to start. Follow the on-screen instructions to deposit assets into Vaults or post collateral for borrowing. Monitor your positions and manage your assets accordingly. ๐ฅ๏ธ
21/22 Stay Updated ๐ฐ
Keep up to date with the latest developments in the Kujira ecosystem by following @TeamKujira and the #GHOST and #ORCA hashtags. Join the community, ask questions, and share your experiences with fellow users. ๐
Keep up to date with the latest developments in the Kujira ecosystem by following @TeamKujira and the #GHOST and #ORCA hashtags. Join the community, ask questions, and share your experiences with fellow users. ๐
22/22 Closing Thoughts ๐
Dive into the world of #GHOST and experience the benefits of participating in Kujira's money market. Visit Ghost.kujira.app and start your DeFi journey today. Let's explore the depths of decentralized finance together! ๐๐๐
Dive into the world of #GHOST and experience the benefits of participating in Kujira's money market. Visit Ghost.kujira.app and start your DeFi journey today. Let's explore the depths of decentralized finance together! ๐๐๐
If there are any other specific topics related to #GHOST that will aid the community to understand the power of the platform, post your questions below and we can do a Part 2 thread covering those topics.
Together we can drive adoption and active users to Kujira to utilize these powerful tools. I will cover all of Kujira applications in separate threads but want to kickstart this with a GHOST thread.
Coming next will be ORCA, SONAR, FIN, BOW, PILOT threads that will compliment this thread to showcase the Kujira flywheel and why a $10million TVL is nothing compared to what is coming.
Liquidity brings Volume, Volume brings more fees, more fees = happy $KUJI stakers.
Liquidity brings Volume, Volume brings more fees, more fees = happy $KUJI stakers.
As always please:
๐ Retweet the first tweet in this thread to help others discover the incredible world of #GHOST and the Kujira ecosystem. Let's work together to unlock the full potential of our assets and shape the future of decentralized finance! ๐๐๐
๐ Retweet the first tweet in this thread to help others discover the incredible world of #GHOST and the Kujira ecosystem. Let's work together to unlock the full potential of our assets and shape the future of decentralized finance! ๐๐๐
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