Prince (@im0xprince) 's Twitter Profile
Prince

@im0xprince

building @avon_xyz
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calendar_today01-12-2018 08:21:01

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Prince (@im0xprince) 's Twitter Profile Photo

every few years crypto says “we need more blockchains for adoption.” but that’s never what brought people in. people came for apps they could actually use: defi, nfts, stablecoins, hyperliquid. apps bring adoption. not new chains.

MegaETH (@megaeth_labs) 's Twitter Profile Photo

Introducing MegaUSD (USDm), the native stablecoin of MegaETH. Built in collaboration with Ethena Labs. $USDM aligns incentives across stakeholders, letting users and apps enjoy the lowest fees possible while routing scalable value back to MegaETH.

Nick (@n2ckchong) 's Twitter Profile Photo

We are very excited to be unveiling MegaUSD, MegaETH's native stablecoin USDm will power some of the best apps coming out of MegaETH, including @euphoria_fi, Avon, World Capital Markets, & more All USDm TVL will feed back into growth for our USDtb product, then potentially USDe

We are very excited to be unveiling MegaUSD, MegaETH's native stablecoin

USDm will power some of the best apps coming out of <a href="/megaeth_labs/">MegaETH</a>, including @euphoria_fi, <a href="/avon_xyz/">Avon</a>, <a href="/wcm_inc/">World Capital Markets</a>, &amp; more

All USDm TVL will feed back into growth for our USDtb product, then potentially USDe
Avon (@avon_xyz) 's Twitter Profile Photo

Ethena is powering the native stablecoin of MegaETH. Avon will bring the stablecoin into real-time lending markets. → For lenders: optimized yield and isolated risk → For borrowers: USDm at competitive rates

Prince (@im0xprince) 's Twitter Profile Photo

everyone sees the credit wave coming. few see that it won’t run on just opaque pools. it needs a real-time market. that’s why we’re building Avon.

Avon (@avon_xyz) 's Twitter Profile Photo

Avon will unlock a real-time lending market with USDm at its core. It will let users borrow against ETH or BTC without selling at most competitive rates. That borrowed liquidity can be reused across different apps. That’s how liquidity becomes an economy.

Prince (@im0xprince) 's Twitter Profile Photo

Longevity ≠ safety in DeFi. A protocol can run for years, attract billions, and be called battle-tested… but that doesn’t mean it’s safe. Longevity only means it hasn’t broken yet. Examples ----------- → Compound: governance bug mis-distributed $80M COMP → Curve: compiler

Longevity ≠ safety in DeFi.

A protocol can run for years, attract billions, and be called battle-tested… but that doesn’t mean it’s safe.

Longevity only means it hasn’t broken yet.

Examples
-----------
→ Compound: governance bug mis-distributed $80M COMP

→ Curve: compiler
Prince (@im0xprince) 's Twitter Profile Photo

Why are web3 people go to every conference? At most two a year is enough. Instead, every other month: – Fly 24+ hrs – Burn thousands on travel – Meet the same folks Why?

Avon (@avon_xyz) 's Twitter Profile Photo

The onchain economy will not be built on slow rails and fragmented pools. It needs a new foundation. Rails: MegaETH brings low latency and high throughput, the conditions for real-time credit markets. Money: Ethena powers USDm, the native stablecoin that moves instantly on

The onchain economy will not be built on slow rails and fragmented pools.

It needs a new foundation.

Rails: MegaETH brings low latency and high throughput, the conditions for real-time credit markets.

Money: Ethena powers USDm, the native stablecoin that moves instantly on