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StaniKulechov
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Decentralized social feels to me like DeFi felt in 2017. Seeing experimentations and early primitives. Today we have portable accounts, onchain usernames, onchain social graphs, onchain feeds and onchain groups. Next we'll see new application layer built with these primitives.
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ECB looking at another interest rate cut on 5 June dropping all savings account rates while EURC earns 3% on @aave base market. Smart money is on Aave.
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When you borrow against a house today, you're likely to pay around 7% interest in USD. When you borrow against your crypto on Aave, the interest is closer to 5% in stablecoins. Crypto and RWA collateral + DeFi + stablecoins = a winning combination.
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The Ethereum Foundation is now borrowing GHO, a decentralized stablecoin backed by Aave. The EF is not only supplying ETH to Aave, but also borrowing from Aave. The full DeFi circle.
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DeFi will win.
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Senaste nytt
U.S. Labor Market Shows Signs of Cooling, Potential Fed Rate Cuts in July
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Glassnode Highlights Key Support Levels Amid Bitcoin Sell-Off
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Tech Giants Explore Stablecoin Integration Amid Growing Interest
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Binance Alpha to List DeFi App (HOME)
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U.S. Employment Data Influences Federal Reserve Rate Expectations
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