Welcome to $MBRN Stablelab managed by @insaneinthembrn, a branch of @osmosis grand lab. Where $CDT is enginered & carefuly crafted to meet high market expectation.
The last 3 proposals are inches away from passing, shoutout to whoever voted ‼️...but we have a 4th proposal.
This will reimburse users that have been affected by the incorrect max rate with revenue they'd be paying to the protocol, so essentially giving them their money back.
It reimburses 3 users that have minted 94% of total current supply. This was the protocol's fault so if we can help in anyway I believe we should even if this is obviously experimental tech.
My friend Charley has been investing in memecoins on Solana since the craze started. He made some quick profits from $BONK and $WIF, invigorating his degeneracy, before long finding himself on pump(.)fun.
Traversing the stream of new launches, he landed on $WHOREN and $BODEN. Seeing their massive engagement on Twitter & their recent run up, he went all-in, how could these fail? Checking the charts quickly became his favorite pastime. Armed with a sweat towel and a can of Mountain Dew, he was all set for the weekend ahead.
He texted me with a picture of profits so far & I told him to take some out to at least recover his initial investment. Satisfied with my advice, I bowed out of the conversation.
2 days later I start getting a flood of messages from him on Telegram.
“Brane Brane, I know I should’ve listened”
“My life is over”
“Why didn’t you stop me?”
I didn’t even have to ask, I knew what he had done but to confirm I checked the charts myself. From his entry both coins had gone down by 90%. Wife changing money right?
A real decentralized stablecoin enriches every actor in its network.
To spread the wealth that is arbitrage:
- opt-in redemptions capture underpeg arbs
- orderbook-style LPs benefit from overpeg arbs
On top of that, ProtoRev from @osmosis will capture arbs for stakers🪙
We’re in the process of adding Volatility-based dynamic rates using a TWAV. This post will cover the mechanism and how this effects:
- Minters
- $CDT risk
- $MBRN revenue
Because this is fairly innovative we are looking for any and all feedback regarding the mechanism and possible edge cases.
Calling all @cosmos Cosmonauts! Your opinion is invaluable to us 🙏
Survey link: https://t.co/2rjQTbtoKq
Kindly spare a moment to complete our 10-minutes survey. Your insights will greatly aid us in enhancing our product to better serve users within the Cosmos ecosystem.
We'll summarize and be sharing the survey results publicly. We hope this will provide valuable insights for Cosmos projects & builders, shedding light on Cosmonaut engagement within the ecosystem.
Learn about Pouch: https://t.co/oUpSLkIom8
Thank you for your time and contribution.
#Cosmos #IBC #Survey