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Near Daily Profile picture
@NEAR_daily
May 7 β€’ 6 tweets β€’ 2 min read Twitter logo Read on Twitter
Top 5 Tweets on #NEAR $NEAR Ecosystem in The Last 7 Days πŸ‘‡

Let's us review the most interesting news from The Near Community last week 😍 Image

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More from @NEAR_daily

Near Daily Profile picture
May 18, 2022
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
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
Near Daily Profile picture
May 18, 2022
Checkout Dapps landscape on @NEARProtocol πŸ€‘

Which project are you most interested in and would like to know more about it? 😍

Let us know by commenting on this thread πŸ‘

#NEAR #AURORA
@NEARProtocol Upcoming Dapps on $NEAR and $AURORA Ecosystems (1):

@InjectiveLabs
@BATTLEM0N
@OnomyProtocol
@dehive_finance
@FinanceOin
@SushiSwap
@InsurAce_io
@ribbonfinance
@CraftingFinance
@myriad_social
@mooniswap
@1inchExchange
@endlesssfm
@MetaFighter_NFT
@NEARProtocol @InjectiveLabs @BATTLEM0N @OnomyProtocol @dehive_finance @FinanceOin @SushiSwap @InsurAce_io @ribbonfinance @CraftingFinance @myriad_social @mooniswap @1inchExchange @endlesssfm @MetaFighter_NFT Upcoming Dapps on $NEAR and $AURORA Ecosystems (2):

@TristanClub_
@simpleFi_
@ManuFactoryGG
@FarmMeOfficiall
@atlantis0x
@tribeterragame
@qstnus
@DePocketFinance
@RawbotsMeta
@ibetyouxyz
@StakeGG
@AngleProtocol
@acovamarket
@FewandFarNFT
@AstroVerse_CLTV
Read 5 tweets
Near Daily Profile picture
May 17, 2022
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.
Read 4 tweets
Near Daily Profile picture
May 12, 2022
Witnessing the collapse of a financial giant @terra_money when hit by a death spinral caused $UST to lose its peg and $LUNA to drop 97% it value, making #Lunacrash the top 1 trending search

What will the $USN of @NEARProtocol do if the market loses confidence in the stable coin? Image
@terra_money @NEARProtocol 1/ The article is referenced from: decentral-bank.finance πŸ‘ˆ

Here is the mechanism of $USN on #NEAR to avoid negative market impact πŸ‘‡
@terra_money @NEARProtocol 2/ The stablecoin $USN is OVERCOLLATERALIZED. $USN combines on-chain arbitrage with a Reserve Fund that is DOUBLE-collaterized with $NEAR & $USDT to begin with. πŸ€‘

In the worst-case situation, the @DcntrlBank may purchase back all of the $USN ever issued.
Read 7 tweets

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