🧵SP-BEAM (Stability Parameter Bounded External Access Module) is the new tool to let the Stability Advisors fine-tune rates in the Sky Protocol without waiting for the bi-weekly spell. ⚡️
🚀 Big news, DeFi fam!
We at @dewiz_xyz are stoked to announce our latest contribution to the Endgame Project: an innovative token rewards system that's as robust as it is rewarding. Want to earn $SKY & other ecosystem tokens? Let's dive in! 👇
@ricocreditsys TAI had no marketing. It was a self funded project, we spent 25eth total on it (9eth on deployment, rest on operational costs like gas and hosting). All we had was a twitter account, a blog and some help from the RAI folks (like they did for Rico too).
https://t.co/3l2nDR8Eym
With RAI, HAI, TAI, LED, & RICO
People will be able to mint against all kinds of collateral
An ecosystem of controlled-peg stables, all with different interest rates. Allowing us to choose what money is right for us and our own circumstances
The Money God League cometh
The TAI protocol doesn't have to beg its users to not panic.
If you buy or sell TAI too far away from peg, the controller reacts strongly and rekts you.
It's all completely automated on-chain with no begging involved.
The Tiki God always wins. 🌊🏖️
🚀 January was a bustling month for #MakerDAO governance! From supporting executive actions to enhancing our spell crafting process, we're pushing the boundaries of #DeFi governance. Here's a wrap-up! 🧵
I screwed up.
I accidentally "ungoverned" the TAI twitter account and can't login to it. 😭
The new one is https://t.co/kGXcdZasXM
Please follow and repost to help us build our followers back up.
ICYMI
recent @reflexerfinance forks!
@letsgethai 🌥️
- a fork by Reflexer DAO (Ameen, myself, etc) and advised by Reflexer OG team members
- multicollateral, governance-lite, on Optimism
@taimoney6
- a fork by big brain anon team advised by Ameen
- multicollateral on ETH
Ahh the beauty of @taimoney6
TAI won't need to add centralized stable collaterals to address de-pegging. The onchain rate controller will automagically increase or decrease rates when de-pegging happens.
Stability w/o centralization.
Sovereign money.
h/t @reflexerfinance
Another day, another #LSDFi stablecoin controlled by a multisig.
@LybraFinanceLSD docs states their protocol is controlled by a DAO.
In reality, there is no DAO voting or decentralized control of the protocol.
Do your homework!
Some of the recent #LSDfi stablecoins run completely on multisigs and have no immediate plans for decentralized control.
TAI already has decentralized governance, is distributing 83% to the community and will soon drop the multisig completely.
Know what you're getting into.
Was surprised in @stable_summit (around the biggest brains in DeFi) to be the only one addressing other stables than Dollar, the state of stables is quite heterogeneous, let's change that, let's get HAI! 🚀
From 00:41 - 00:55 you can hear this rabbit talk
https://t.co/LyqiyvDIS9