Lately, the proposal of the addition of the @Saber_HQ LP token to be an asset on @solendprotocol has been executed. Check the thread below to see the impact of this addition.
#Solanaszn#impact $SLND $SBR @Saber_HQ@solendprotocol 1. @solendprotocol is by far the largest lend-borrow market on Solana, with over $1B of user deposits.
However, over $234M of this is in USDC or USDT ~ ¼ total deposit. If this were in Saber, it would earn both swap fees and contribute to TVL of both protocols
The @solana ecosystem is now experiencing a major decline in comparison with other large ecosystem. So, does Solana ecosystem still attract the money flow?
Check this thread below.
#Solanaszn#money#attraction@solana 1. Price & TVL correlation
Each time the $SOL price witnessed a major decline, the same happened with the TVL of the ecosystem. However, until now, the $SOL price is now creating the lower low since Dec 4th crash, but the TVL of the ecosystem...
1.The world has experienced the evolution of web from web 1.0 to web 3.0 now since the dawn of internet.
So what is actually web3.0 and why does it matter?
#Solanaszn#web32. Let's start with the evolution of web.
The web 1.0 start from the first of Internet in 1994 to 2004.
The characteristics of web 1.0 are Centralized, Less-Interactivity and Desktop-based.
THE NEXT LARGEST LENDING AND BORROWING PROJECTS ON #SOLANA
1. The largest lending and borrowing project on Solana now is @solendprotocol . However, as history taught us, nothing lasts forever (expect BTC). Shall @ApricotFinance be able to overthrow solend?
#Solanaszn#compare@solendprotocol@ApricotFinance 2. In the overall section, the statistics of both projects showed the same/ relatively small differences between two projects, except for the TVL.
The TVL of solend outperforms the TVL of apricot up to 255%. What a differences.
Currently, there are numerous bridges, which are constructed to connect Solana to other blockchains. But do we truly understand what bridges are?
Let's take a look with @solana_daily to understand the mechanism of bridges
Lately, @Saber_HQ and @Allbridge_io have together connected @solana to many other blockchains for the flow of the stable coin. Until now, numerous stable coin appeared on Solana, mostly through the pool on Saber