J T

Everything Web3 | ⚛️ | My opinions are my own. First marketing hire @sushiswap; If you’re seeking alpha leaks 💧marketing @aptos_network

[J T @JustinTedf0rd]

@Umee_CrossChain basically cosmos offers a number of benefits over tradfi markets. More decentralized, transparents, efficient and interoperable.

[J T @JustinTedf0rd]

Agree completely. And not to shill on your post or anything but it reminds me of projects like Umee Protocol aiming to build on what already exists but better. Not aiming to be better, or have the highest valuation but to build a sustainable and profitable business that can provide value to it's users.

Thats what it's all about.

[J T @JustinTedf0rd]

@Umee_CrossChain 🙌Totally agree that the cosmos ecosystem offers a secure and rewarding way for users to actively participate in the blockchain while earning staking rewards.

[J T @JustinTedf0rd]

@mikeflache I think a big solution would be for the government to provide financial and other assistance to help businesses upgrade their IT systems.

[J T @JustinTedf0rd]

Would be a significant boost for crypto adoption Both companies have billions of active users worldwide, and adding native crypto wallet support would make it much easier for people to buy, sell, and store crypto. But till underlying issues like volatility, complexity, lack of regulation etc.

[J T @JustinTedf0rd]

Data is the most important component in this. Many projects are this and Flare network is doing a great job. Another project that comes to mind and is building a decentralized data oracle system is Umee Protocol. System will allow users to provide and verify the data necessary to tokenize RWAs.

[J T @JustinTedf0rd]

@Umee_CrossChain Big changing and love the different you guys are going. UX Chain has a good ring to it 😎

[UX Chain 🌊 @ux_xyz]

🚀 We're carrying out a major overhaul of the #Umee tokenomics, and we wouldn't let this come and go without filling you in on what it entails.

So here's the Umee tokenomics restructure thread! 🧵

[J T @JustinTedf0rd]

I was providing a good example of a robust DeFi protocol being developed by crypto-natives, which is driving innovation in the space of defi and has the potential for mass adoption. This could catch the attention of a big bank, prompting them to investigate why their own chain isn't gaining adoption. I'm not insinuating that a bank will offer Umee a significant amount of liquidity.

[J T @JustinTedf0rd]

@donalt You can see this on crypto lending and borrowing platforms. Lenders are not lending ETH and borrowers want to borrow it.

[J T @JustinTedf0rd]

@ojo_network same would go for devs building a dapps, you need accurate price data to make sure that the app is functioning properly.

[J T @JustinTedf0rd]

This is always an ongoing debate between permissioned and permissionless blockchain. But a good example to look at is the Umee Protocol being built by crypto-natives, focused on driving adoption of cross-chain defi. Well positioned for big banks realizing that their private chains will not drive adoption...

[J T @JustinTedf0rd]

Data is the most important component in this. Many projects are this and Flare network is doing a great job. Another project that comes to mind and is building a decentralized data oracle system is Umee Protocol. System will allow users to provide and verify the data necessary to tokenize RWAs.

[Hugo Philion @HugoPhilion]

If you want Real World Assets on chain you need to be able to provide & prove multiple types of data onto chain. If you want safety your data mechanisms should be decentralized. If you want to do this at scale the protocols need to be highly performant and inexpensive to use. This is one reason why we are building the blockchain for data.

[UX Chain 🌊 @ux_xyz]

We're lucky to witness the revolution in #DeFi, but our field of view has mostly been within the @cosmos ecosystem. ⚛️

🚀 True growth means aiming higher, and #Umee has its sights set on connecting the #Cosmos to many more blockchain ecosystems.

Grow with us! 🤝

[J T @JustinTedf0rd]

@0xCrypto_doctor @fraxfinance @samkazemian Like frax finance's unique approach to stablecoins and its hybrid design. It's algorithmic instability is was what makes me ehhh. It can be subject to manipulation and instability. Could potentially lead to the depegging of FRAX from the dollar.

[J T @JustinTedf0rd]

@CryptoReda $WELL has the potential and if successful the price of $WELL could increase significantly. It's still underdevelopment and it is small and illiquid, Difficult to buy and sell. Especially in this market. Could say the same for most of these.

[J T @JustinTedf0rd]

@Focus_fi @Umee_CrossChain @cosmos im thinking real soon. They recently completed the integration of UST. Im sure that USDC integration is coming soon 👀

[J T @JustinTedf0rd]

Have you thought about what platforms/companies are ready for this demand? A defi protocol that comes to mind is @Umee_CrossChain . Well-positioned to capitalize on this demand. It's cross chain capabilities allow users to access rwas from different blockchains. Its lending & borrowing features make it easy for users to earn yield on these assets

[J T @JustinTedf0rd]

@Christowarrior @VenusProtocol @arbitrum @Venus_Community Would be good. Venous has low liquidity.

[UX Chain 🌊 @ux_xyz]

🏛️ Decentralized exchanges, or DEXs for short, are perhaps the platforms that are most essential to enabling the #DeFi experience.

So how do they work? 🤔

Here's a quick video explanation to help! 👇
https://t.co/5cdry83AKA