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0xgaut
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volume on @RaydiumProtocol on @solana starting to cook..
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“Mommy, how did we get so rich?” “your Dad longed the market with everything we had when the world was on the verge of geopolitical collapse”
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Goal with @universaldotxyz: "have a product that provides genuine value" uAssets are simple. 1:1 backed versions of your favorite assets (think SUI, XRP, SOL, DOGE), issued and composable on all your favorite chains @base @solana @world_chain_ and @arbitrum Stay onchain.
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Have you tried @universaldotxyz's trading dashboard yet? Feels like a CEX, but trading from your onchain wallet on @base, @solana, @world_chain_, and @arbitrum. Trade the top 80 uAsset versions of the top crypto tokens onchain using offchain liquidity via on demand mint/redeem swaps. Lots of improvements to make, but this is a pretty awesome showcase of what is possible using the API.
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These are the types of experiences we're unlocking with uAssets on @solana. You don't have to bridge, you stay in your @phantom wallet. Connect to @JupiterExchange / @RaydiumProtocol, and trade a 1:1 backed wrapped XRP directly from your onchain wallet. Same with DOGE, same with SUI.
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$XRP, $SUI, and $DOGE on @solana. Slowly but surely, liquidity building up on @RaydiumProtocol alongside volume for @universaldotxyz uAssets. APRs looking juicy 👀 More integrations coming soon built on top of these.
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