AHOY! $MEME (@MEMECOIN) IS GOING TO @BINANCE! 🙌
This is not a drill! This is not fake news! This is happening!
$MEME is the 39th (not 69th) project on Binance Launchpool! You only have 7 days! Come join the farming with your fellow Binancians!
👇 https://t.co/mPUHzViX5x
🔊 SOUND ON!
Near-zero fees, lightning fast, asset-backed currency factory for all? Impossible.
Think again: Reserve has landed on @BuildOnBase 🔵
H/t to @jessepollak and the Base ecosystem!
What is Reserve Protocol?
Reserve is a free, permissionless platform on Ethereum and now Base to build, deploy and govern asset-backed currencies referred to as “RTokens.”
RTokens are always 1:1 asset-backed, allowing for permissionless minting and redeeming on-chain by users without the need for any middlemen.
Each RToken can have an entirely different governance system and is governed separately by ecosystem stakers.
The protocol completed its 5th audit with @code4rena and reached the “all-clear” in Feb 2023. It currently has an industry-leading $5M bug bounty on @immunefi.
What has Reserve achieved so far?
Reserve has made leaps since the all-clear seven months ago.
Six RTokens have already been deployed by the community. The protocol has grown to $30M TVL and these RTokens have had a cumulative volume of over $340 million, across onchain and offchain uses.
~6% of the circulating RSR supply has been staked on RTokens to participate in governance, earn a share of yield and provide overcollateralization.
The protocol has also forged deep relationships in the @CurveFinance, @ConvexFinance and @StakeDAOHQ governance ecosystems.
The flagship Reserve safety mechanism - staker overcollateralization - was stress tested during the Mar 2023 run on SVB and the subsequent depegging of several stablecoins. Electronic Dollar (eUSD), the first RToken, autonomously recapitalized without a regulator backstop and before the banks reopened. The Reserve launch brings self-healing currency to Base.
Why deploy to Base?
DeFi should expand far beyond a few thousand power users. Base’s lower transaction fees will enable people who are interested in using yield bearing stablecoins to actually use them without having all benefits wiped out by gas costs. We want to see millions of RToken users on Base!
Ever had a great idea for a stablecoin? How about a flatcoin or an index? Reserve is joining Base so creative protocols and entrepreneurs may let their economic imagination run wild on this lightning fast, near-zero fee network.
Why deploy now?
We believe that Base can be a leading L2 network in terms of accessibility and TVL. There is significant opportunity for the Reserve Protocol to grow alongside the Base network. This could accelerate Reserve’s mission to increase adoption and access to sustainable, inflation proof, stable currency for everyone.
Base-ready collateral plugins for @AaveAave, @StargateFinance, @Coinbase staked ETH, as well as naked USDC and DAI are live now with @CompoundFinance coming soon.
Ready to get started?
Check the links in the tweet below.
Hi, my name is @LiteShiba, and I’m a $MEME (@Memecoin) farmer at @Memeland.
On my honor, I promise that I will do my best to do my duty to my own bag, and to farm #MEMEPOINTS at all times.
It ain’t much, but it’s honest work. 🧑🌾
Congratulations to our friends at @zksync on the launch zkSync Era!
Try it now by bridging from Mainnet to zkSync in our latest Quest: https://t.co/pYcE4gwIUS
I'm claiming testnet tokens for @zksync Era ∎, the future-proof zkEVM!
My Address: 0x89abb68ed5b108df10c57fbbe720143d28ccb6dd
Learn more: https://t.co/5pID3PSOFf
Attention all art collectors! We are excited to announce the release of our new NFT collection and mobile game. Don't miss out on the opportunity to own a unique and one-of-a-kind piece. Head to our website now to browse and purchase from the collection!" #NFT#art#collectors
Attention all NFT collectors! Are you ready for the ultimate superhero combination game? Collect, trade, and combine your favorite superheroes to create the ultimate hero and compete in challenges and events. #NFT#superheroes#combinationgame
Feeling grateful for the healthcare workers on the front lines who are risking their lives to care for others during the pandemic. Thank you! #healthcareheroes#gratitude#COVID19
#pocketspace
How large is your rocket? Mine is 2 levels tall!
Check out the leaderboard and join the race in the Pocket Space!🚀🚀🚀 https://t.co/XNeKd0k5wj