.@StandX_Official just dropped a big update and most people scrolled past it.
a few things in there are actually worth paying attention to especially if you're holding $DUSD or trading on the platform.
here's the short version ๐
your stablecoin is probably doing nothing for you right now.
no yield. no utility. just sitting there waiting to be deployed.
i spent some time digging into @StandX_Official and honestly the way they've rethought margin is hard to ignore.
a thread on why ๐งต
Not going to pretend this is complicated.
markets trade 24/7 now. the price feed should too. that's it. that's the whole idea behind @PythNetwork Indices.
sometimes the obvious fix just takes someone actually building it.
This debate has divided football fans for over a decade. Trophies, goals, records everyone has their reason, and nobody ever seems to change sides.
Cast your vote here: https://t.co/UXlAdmw3bQ
Not going to pretend this is complicated.
markets trade 24/7 now. the price feed should too. that's it. that's the whole idea behind @PythNetwork Indices.
sometimes the obvious fix just takes someone actually building it.
Last week, the largest IPO in history.
Today, US markets are closed for Juneteenth.
Yet, Pyth US Equities Indices keep running.
11 US equities, priced 24/7, from the most liquid venues.
This debate has divided football fans for over a decade. Trophies, goals, records everyone has their reason, and nobody ever seems to change sides.
Cast your vote here: https://t.co/UXlAdmw3bQ