Remember: The world finance is still coming onchain.

Remember: The world finance is still coming onchain.

Can we get a bear trap or what?

I considered $crvUSD to be one of the best stablecoin design, alongside $GHO from Aave. But the current direction and questionable choice of Curve Finance (and related) team (and $CRV holders) make me rethink this. I wouldn’t be at ease holding significant funds in $crvUSD

Probably the best asset of Inverse is the risk team at this point.

Maybe it is simply the perfect dip

Now that is some $ETH alignment

Remember: The world finance is till moving onchain

The Compound Labs protocol is not in great shape an the recent debacle with xUSD which caused the need to stop some major market is not gonna help. But Compound is still a major lending protocol with borrowed volume, revenues mindshare and a quite large treasury. The way

👀

Usually when normies friends ask if they should buy crypto it means you should sell right? But what should I do when friends tell me they think it is a bear market and ask me if they should sell?

But Sky is not a central bank issuing its own money, it is itself a bank increasing the USD money supply. But it is lending its capital to other bank for the them to try to get more yield than the base rate, but could blew up and create a hole on behalf of Sky which

Well that is not good. But on the long term it is a good thing to wash those unsound stablecoin and other super risky construct. Cannot build a castle on sand foundation.

The Avalanche🔺 chain is building for the long term. That is why it will be a long lasting alt L1 contrary to most other L1. It is also a truly neutral chain on which people can be confident to build contrary to corpo chain and other stablecoin chain. There is gonna be an $AVAX

I indeed wouldn’t risk to play the arbitrage by hoping for a repeg. Lack of communication is never a good sign. Unless the Stables Labs team is doing a predatory move where they wait for $USDX to dip more and buy under their backing to try to plug the hole. Smart but super

Remember: The world finance is still coming onchain.

Scaling Avalanche🔺 even more

Looks cool. Onboard yield bearing decentralized stablecoin like : Aave $GHO Inverse $DOLA Sky $USDS

By the way $sUSD from Synthetix ⚔️ is also steadily depegging. But at this point I don’t think nobody really matter.

I am still astonished that so much capital aped into Stream Finance. Was it simply for the yield that people took crazy risk on an opaque structure or they were also expecting an airdrop?