@SpaceTokenBSC Congratulations on the release of Space Token's Whitepaper V2! Exciting to see the expansion into new categories and the ambitious roadmap for 2024. Here's to a stellar journey for your community! ๐ #SpaceTokenV2
๐ฎ The top blockchains powering crypto games right now
@Immutable ๐ +104.75%
@0xPolygon ๐ +51.49%
@ton_blockchain ๐ +48.49%
Find more: ๐ https://t.co/RVEP6eX5EQ
Having a blast with the #BitDegree x #SafePal Mission! And the prizes are amazing - a 10% discount, swag bundles, and even SafePal X1 wallets! ๐ก๏ธ๐ผ #LearnCrypto#Rewards https://t.co/WbEH6kgHW6
Relend Network pre-deposit campaign Season 1 is live on @MorphoLabs
Full campaign details: https://t.co/vpLPzmmx8l
Earn yield, MORPHO tokens and RELEND units!
๐Relend Network leverages ERC-7770 to solve liquidity fragmentation of L2s by enabling the adoption of fractional banking.
Earn higher APYs with max units exposure in the Relend $USDC vault.
๐ก๏ธWanna play safe? Get Relend Units for depositing into any of Morphoโs Flagship vaults (curated by @bprotocoleth and @BlockAnalitica)
Lend.Relend.Repeat
A week into the pre-deposit campaign and already > $6m in the relend USDC vault.
๐ Currently highest native apy among all @MorphoLabs's USDC vaults
๐Earn Relend Units on top of USDC yield
๐ค Borrow vs partners' collateral: @fraxfinance, @AngleProtocol and more coming soon ๐
Relending ELI5
๐There is a village with a Chief, 10 villagers and 1 Village Bank.
๐ฆThe Village Bank holds $1000 in cash.
The Chief owns all the houses.
๐ฉโ๐พVillager 1 borrows $1000 and buys a house from the Chief, Chief deposits the money back into Village Bank.
๐จโ๐พVillager 2 borrows $1000 and buys a house from the Chief, Chief deposits the money back into Village Bank.
Repeat with all 10 villagers.
The Chiefs bank balance now reflects $10 000.
Each of the villagers now owns a house๐คฏ.
Village Bank holds fractional reserves of $1000
Village Bank is owed $1000 by 10 villagers,
total of $10 000 in credit.
Village Bank holds 10 houses as collateral.
Village Bank AUM: $21 000
๐This is relending. We are bringing this to DeFi.
#relending
๐ Today, we're sharing insights about #StarryNift tokenomics and unveiling our forward-looking plans.
๐ StarryNift team remains unwaveringly committed to our goals and vision, continuously exploring innovative use cases and seeking unique pathways. Together with our community, StarryNift is on a journey of continuous growth and discovery!
๐Read more: https://t.co/sFxJwIZ62U
One week in, Monis! Itโs been an incredible first week since launching on @Arbitrum, and the response has been amazing ๐ช
The Monitok app is now live on both Android and iOS, bringing self-custody, DEX aggregation, and low gas fees right to your fingertips.
If you havenโt tried it yet, nowโs the time! Download the app & join the future of trading ๐
https://t.co/4kTz1R73ID