I was able to meet the team, try the product and I summarised my findings in the article below 👇
$BRO $AVAX $RUNE
link.medium.com/HBVVXwdXUsb2/ @BrokkrFinance originally started out on @terra_money but after the catastrophic events in May during which the #Brokkr team could salvage most of their treasury, they decided to set shop initially on #Avalanche before expanding to additional blockchains in the future.
Feb 24, 2022 • 19 tweets • 10 min read
Let's have a closer look at an upcoming new #DeFi platform built on top of both @THORChain & @terra_money: @BrokkrFinance. Brokkr is a decentralized investment platform with the slogan "your brother in DeFi" and the goal to bring millions to DeFi.
$RUNE $LUNA $UST $BRO
1/ 🧵👇 2/n The @BrokkrFinance team are true THORChads and originally started as a THORChain-focused project, building out the concept of synthetic assets and the necessary front-end for these. Over time they pivoted more towards a product that can also attract the retail market.
Jan 6, 2022 • 11 tweets • 8 min read
1/n
A short compilation of 2022 #crypto predictions I liked. Will be fun to revisit them EOY.
Beware, these are not advice but fuel to kickstart critical thinking.
As @CryptoCred wrote: "The best play of 2021 is not something you’ll find in a 2022 predictions thread."
2/10
.@VaderProtocol is nothing new - it's rather interesting how it combines existing #DeFi elements. Its story started in summer 2021 and there are plenty of Medium articles since then you can go through. @invaderbaku tells the story in this thread:
1/n Before everyone posts theirs, let me come up with a few high-level #crypto predictions for 2022. These are just some personal thoughts around topics that I care about and, indeed, no investment advice. Will detail some of them later on.
🧵👇 #GameFi#NFTs $LUNA $RUNE #DeFi2/n Cross-chain interoperability will become a reality. The focus will change from underlying protocols and platforms towards dApps that will be built on cross-chain layers or deployed on multiple chains. Eventually, dApp users won't know and care what underlying chain is used.
Oct 26, 2021 • 8 tweets • 4 min read
What is Seignorage? Before being in #crypto I haven't ever heard of this term. 🧵👇
1/8 I tried to explain it in short and will especially highlight at the end of the thread what it means in the context of @terra_money for the relationship between $UST & $LUNA 2/8 Seignorage is the difference between the value of money and the cost to produce and distribute it. For coins, it is the face value of the metal plus the minting cost, for paper money it is mostly the production cost. The creator/issuer has traditionally been the government.
Aug 3, 2021 • 5 tweets • 5 min read
THREAD @anchor_protocol now supports $bETH as collateral with the help of @LidoFinance, allowing you to borrow $UST to either deposit directly at Anchor for 20% APY or farm on other venues like @mirror_protocol. $LUNA $ETH $ANC
But how you ask? Find a short guide below 🧵👇 1. You need to convert your $ETH to $stETH (staked Ethereum 2.0) either via @LidoFinance at directly stake.lido.fi (staking rewards 5.6% APY will later go to aUST holders)
🪞 Synths are borderless and can be accessed everywhere despite underlying assets often being regulated regionally. 2/4 🪞 Synths in #DeFi can be owned and traded by everyone leading to better financial inclusion.
🪞 You can access various financial products in one place, leading to better ease of use.
🪞 Many blood-sucking 🧛♂️ 🩸 middle-men are cut out > more efficiency, less costs.
May 20, 2021 • 17 tweets • 8 min read
1/17
In anticipation of Version 2, I wrote a review for @Qi_Capital on @mirror_protocol, diving deeper into its value proposition, solution mechanic, farming opportunities, the $MIR token, and much more. Check it out!
link.medium.com/plCfgSmspgb
2/17
For everyone too lazy to read the article, here a short summary:
Mirror Protocol allows everyone to create and trade synthetic assets (Mirror Assets or mAssets), which track the price of specific real-world assets like stocks or ETFs - across #Terra, #Ethereum, and #BSC.
Mar 17, 2021 • 6 tweets • 4 min read
1/6 You want to borrow $UST on your $LUNA on @anchor_protocol to utilize it on @mirror_protocol or leverage and earn $ANC rewards on top?
Here is a step-to-step guide for you 👇 2/6 Let's first clarify what you are going to do: you will delegate your unstaked $LUNA (and lock it for at least 21 days as it will get staked) to receive $bLUNA. You then collateralized $bLUNA to borrow $UST for which you pay interest (borrow APY) but get incentivized in $ANC.
Mar 16, 2021 • 9 tweets • 7 min read
1/8 High-level summary of all known apps in the @terra_money ecosystem. This should be an initial primer to everyone not yet familiar with the ecosystem and what solutions are and will be available on Terra. $LUNA $MIR $ANC $UST $SPAR
A thread 🧵👇 2/8 First things first, what is @terra_money? It is a @cosmos-based #blockchain offering programmable money. It features native stablecoins like $UST or $KRT that are backed by $LUNA which has a dynamic supply.