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litocoen
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crazy how no one on CT is talking about the most successful consumer startup in crypto
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litocoen
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cool to see how quickly $USDe rebounds when the market picks up and it's doing higher lows first time when the market cooled off it went from $3.5b to $2.5b this time it went from $6.5b to $4.7b and has regained $300m in the last week probably going higher from here
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there's some projects i like and would usually talk about but now with kaito rewards it would look like im doing it to farm yaps and money so im not doing it anyone feeling the same?
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re $FLUID fud: what you see right now are scared incumbents jubilating at the first opportunity to discredit their strongest competitor who has completely disrupted them a few clarifications: 1) the ETH - USDC pool is around 20% of Fluid's DEX volume. stableswap pools have taken off massively, they make collateral on Fluid more productive and discount debt of borrowers. No one can compete with this offering. 2) Fluid has just passed $2b in TVL for this reason, $900m in active loans 3) yes the ETH-USDC (the only volatile) pool hasn't performed well - as well all know, concentrated liquidity amplifies IL and on leverage this is exacerbated even further in DEX v1 the range is chosen for LP's and rebalanced automatically and given the crazy price volatility in last 3 months, LP's haven't been profitable DEX v2 will let users choose their own range and come with other improvements to make volatile pairs on Fluid a long lasting success but the TLDR; is that even if there wasn't a V2 and Fluid would scrap the only volatile pair pool it would still be completely fine and eclipse the volumes of its fuming competitors happy for the fud though - i'll buy more 🍿
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which token we aping today (and on which chain) ?
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if you were bearish eth at the bottom its ok i forgive you but don’t do it again
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