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0xMarcB
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The best UX is the one where people don’t even know they’re onchain. That’s the goal.
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The velocity of deposits to @katana has increased with over $135M deposited. But the TVL this represents isn't the important part. It is the split of assets: 💵 over 50% in stablecoins Ξ over 25% in ETH ₿ less than 25% in BTC This split is consistent with the value that each of the assets drives in a DeFi ecosystem. I suspect that at some point a significant amount of BTC will be deposited that throws off this mix but I expect it to be temporary and show interest that attracts even more stablecoins.
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See you all at @stable_summit Cannes in less than two weeks! Looking forward to talking stablecoins with payments builders.
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Sequencer fees to @katana users for the win
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KAT tokenomics: cooler than you know. There’s an intentional balance: short term value with opportunities for people to stake and earn yield and long-term ability to benefit from the value that exists when network effects have built up sufficiently for bridge yield sequencer fees, and AUSD yields to no longer be a major reason that people use Katana. Earn from apps in the ecosystem in the short run and from the chain in the long run.
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There will be nothing better than sustainable yields on @katana.
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