My #THORChad score is: 850. Get your @THORChadsDAO score and find out if you are CHAD enough to make it to the THORChads Leaderboard! https://t.co/XFwx7mrBG0
In 2021 Terra's UST became a leading decentralized stablecoin reaching $2.5BN+ in circulation.
With Colombus-5 and Wormhole V2 going live in the coming weeks, UST growth will likely accelerate, setting it up to challenge DAI for the top spot among decentralized stablecoins.
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Few realise it, but #TerraAutumn is coming ๐๐
The pieces will start falling into place once Columbus 5 goes live in late September
In this thread, I share my mental model for @terra_money and guide to the end of year setup as I see it ๐
@THORChain fam: Here's the latest on Phase 3 #MCCN restart:
โ - External auditors completed review of new paths
โณ - THORSec review nearing completion
โณ - 9R review nearing completion
Expect these to close by end of weekโthen trading resumes. Details to follow in Discord.
Couldn't agree more with this thread. Very difficult for new people to get onboarded into decentralized applications. Also why I'm excited about what the @StarTerra_io is building.
NFTs, games, and gamified DeFi are the best ways to onboard new users imo. Vast majority of capital onboarded to centralized exchanges never leaves them. With NFTs and blockchain games you directly introduce the new user to MetaMask, gas fees, Web 3 navigation skills.
Thread ๐งต
No matter how many transactions i make on ETH the gas fees will drive me crazy. Why i am bullish on other L1s. Users will continue to migrate to faster/cheaper chains as more is built on top of them.