DeFi Oracle 🔮
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I remember when the first talks about @berachain started going around CT
" $BERA isn't real" wasn't really a meme at first, you really couldn't tell if it was going to happen or not
For being one of the biggest chains by TVL, $BERA should be worth much more
" $BERA isn't real" wasn't really a meme at first, you really couldn't tell if it was going to happen or not
For being one of the biggest chains by TVL, $BERA should be worth much more
Traduzir
With the Mainnet of @plumenetwork getting closer and closer, I think it's time to dive deeper 👇
🐦 $PLUME is the utility token of the chain, providing governance power and fueling txs as gas
It will likely work as collateral in yield strategies and it will be used in rewards to incentivize builders
But there are two more assets to keep an eye on when working on this chain 👇
💲 $pUSD is the native stablecoin of the chain
It will be fully backed 1:1, minted by users who'll have to provide $USDC or $USDT to get it
It will enable on-chain stablecoin payments, collateralization alongside PLUME and trading on the several apps
💠 $pETH is the native $ETH LST on Plume
It's minted by depositing ETH on the chain and is naturally yield-bearing
(The yield come from the ETH deposited being staked)
Works in DeFi like on every other chain 🤝
🐦 $PLUME is the utility token of the chain, providing governance power and fueling txs as gas
It will likely work as collateral in yield strategies and it will be used in rewards to incentivize builders
But there are two more assets to keep an eye on when working on this chain 👇
💲 $pUSD is the native stablecoin of the chain
It will be fully backed 1:1, minted by users who'll have to provide $USDC or $USDT to get it
It will enable on-chain stablecoin payments, collateralization alongside PLUME and trading on the several apps
💠 $pETH is the native $ETH LST on Plume
It's minted by depositing ETH on the chain and is naturally yield-bearing
(The yield come from the ETH deposited being staked)
Works in DeFi like on every other chain 🤝
Traduzir
The tech behind @LayerZero_Core is what will truly unify liquidity across all of crypto
Tech advancements are great, but having hundreds of chains doing kind of the same thing is bad for depth
$ZRO is fixing this by connecting them all (see @USDT0_to expansion to understand)
Tech advancements are great, but having hundreds of chains doing kind of the same thing is bad for depth
$ZRO is fixing this by connecting them all (see @USDT0_to expansion to understand)
Traduzir
The L1 of @SuiNetwork has steadily grown this cycle, and is now one of the strongest in the entirety of crypto
The craziest part about it, is that it has done so without most of the market actually noticing it
When did $SUI get so close to the top10 for example? 🤔
💧 DEX volume and liquidity are still rising
💧 Devs are still flocking in and building more dApps
💧 Capital is flowing in from other chains
💧 Stablecoin supply is up almost 2x in the past 60 days
💧 Whales are accumulating
Part of this success (IMO) is thanks to the chain being particularly great for DeFi lovers
Fees are cheap, txs are fast, high variety of protocols and possible airdrops are great incentives to try things out
This growth is far from being over
We've only just begun
The craziest part about it, is that it has done so without most of the market actually noticing it
When did $SUI get so close to the top10 for example? 🤔
💧 DEX volume and liquidity are still rising
💧 Devs are still flocking in and building more dApps
💧 Capital is flowing in from other chains
💧 Stablecoin supply is up almost 2x in the past 60 days
💧 Whales are accumulating
Part of this success (IMO) is thanks to the chain being particularly great for DeFi lovers
Fees are cheap, txs are fast, high variety of protocols and possible airdrops are great incentives to try things out
This growth is far from being over
We've only just begun
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