Smeddy-o
@smeddysays
Watching Reserve as it builds forward to stable currency for mankind
ID:106379766
19-01-2010 11:02:52
7,1K Tweets
4,0K Followers
4,4K Following
GM to the $0.55 richer Arbitrum (💙,🧡) foundation - the first of many seamless RToken revenue payments from KNOX Dollar!
This could scale massively with RToken TVL - by some estimates covering all STEP implementation costs by ~$150M TVL 👀
Now tracking RevenueGeneratingUSD's $rgUSD coin on our Stables Dashboard
Created to hold a $1 USD peg, and generate on-chain yield. Minting requires a deposit of the defined collateral tokens in equal value amounts to the RToken smart contracts
Welcome RevenueGeneratingUSD to DefiLlama.com
Reserve $RSR #RTokens
defillama.com/stablecoin/rev…
Do you have that Friday feeling?
The unofficial RESERVE update is OUT!!
- Reserve's first week on #Arbitrum ✅
- Welcome $KNOX ✅
- Hello Fyde Treasury Protocol ✅
- Mr Freeman Goes to Washington ✅
mr-mallo.medium.com/reserve-unoffi…
Nassim Nicholas Taleb Niall Ferguson $RSR Reserve Mallo
Fyde + the Reserve protocol = certified, bona fide jam. 🪩🔥
The recent integration with Fyde Treasury Protocol wasn’t a one hit wonder: the Reserve protocol and Fyde harmonize in bringing innovative diversification and safety to DeFi users.
And there’s no better asset to take center…
If you have been staking on $eUSD for a year, you have...
1) Protected an RToken for a year
2) Been REDUCED by about 2% when $USDC depegged last year (see link)
3) Your reduction healed 🌱 eUSD and kept #stablecoin holders 100% whole
4) You now have 10% more RSR (once…