-_-

[Frax Finance ¤⛓️¤ @fraxfinance]

1/ BlackRock 🤝 Frax
@BlackRock, the world's largest asset manager, is proposing to become an enshrined custodian to power Frax USD $frxUSD fiat redeemability.

Read the full proposal posted by BUIDL tokenization provider @Securitize here: https://t.co/K2kzZqGR10

Learn more 👇

[Frax Finance ¤⛓️¤ @fraxfinance]

1/ Frax is primarily used by DeFi power users & our UI reflects that. However, to onboard the next billion crypto users it’s time to simplify.

Today we unveil our roadmap for ¤UI, our Universal Interface. Experience the best of DeFi: Swap, Buy, Earn in a few clicks. Coming on 🎄

[Frax Finance ¤⛓️¤ @fraxfinance]

1/ When we launched Fraxtal, many questioned why. Now, we are a top 4 sovereign rollup with ~$300M TVL, and 100s of L2s are following.

At Frax, we never stop innovating. This Feb we take the next step in Fraxtal's evolution with our North Star Hard Fork.

[Frax Finance ¤⛓️¤ @fraxfinance]

1/ It's been four years since our launch, and we're proud to have championed decentralized stablecoin innovation since day one.

As stablecoin adoption grows, we are making changes to unlock growth and onboard the next billion users to DeFi. This is our Visi¤n.

[Sonic @SonicLabs]

Jks. Sonic Mainnet opens to public next week. See you then 😜.

[VD @hmalviya9]

Top 5 DeFI Lending Platforms by Revenue this year

- @SkyEcosystem: $270M against $1.8B MCap
- @aave: $68.2M against $4.19B MCap
- @VenusProtocol : $22.11M against $187M Mcap
- @compgovernance: $10.55M against $1.06B Mcap
- @RDNTCapital: $7.25M against $118M Mcap

[wolfehr.frax @wolfehr]

.@fraxfinance is that person that ignores the $20 Secret Santa budget and bought an iPod. #MerryFraxmast

[-_- @Cilo_o]

@TheBigStrongA @VenusProtocol @bradherenow With Prime negative borrowing rate is also nuts

[Sonic @SonicLabs]

Genesis achieved.

Block zero.

Infrastructure deploying.

Public soon.

[-_- @Cilo_o]

@PAltcoin @DecredAustralia OGs own the big money

[-_- @Cilo_o]

@RunnerXBT Dash is a lot more practical for payment than bitcoin

[The Rollup @therollupco]

SPECIAL: Andre Cronje on DeFi, Sonic Network, and His New Apps

In this episode with @AndreCronjeTech, @andyyy, and @robbie_rollup went over all they could in Andre's latest reappearance, covering:

‣ veTokens and larger DeFi trends
‣ To appchain or not
‣ Sonic tech and mainnet launch
‣ New apps he's launching soon
‣ Revenue distributions to apps
‣ Why he's not launching tokens anymore
‣ His experience as a builder in DeFi

Andre has made a lasting impact on DeFi since the originations of his experiments in DeFi Summer 2020.

Full video links below.

Timestamps:
00:40 Andre's Latest Reappearance
01:49 What Andre's Been Up To
10:40 DeFi Fatigue or Renaissance?
13:17 Andre on Memecoins
20:47 veToken Evolution
35:16 Fantom to Sonic Story
45:39 Vision of Sonic
48:55 To Appchain or Not
1:03:52 Andre's Onchain Economics Takes
1:18:15 Unichain Economics
1:23:33 Andre's New Apps on Sonic
1:32:59 Protection Markets & Insurance
1:41:04 Story of How Yearn Actually Started
1:41:04 Onchain Credit Scores

[Arcus @arcus_xyz]

Why MegaVault is a Game Changer in Liquidity Provision

Let’s break it down with numbers:

🔹 A 20% yield in $USDC could be considered attractive
🔹 dYdX protocol fees last year were around $40M.
🔹 The MegaVault will receive 50% of those protocol fees, which would have been around $20M last year.

If we consider any yield above 20% attractive, this would mean that USDC stakers should provide up to $100M in liquidity to dYdX MegaVault just for the 20% return.

But that's not all.

A common issue for perp exchanges is that they're limited by liquidity - especially on long-tail markets. With this new liquidity flowing into dYdX markets via MegaVault, there's a good possibility of an increase in volume, leading to an increase in fees.

For example, with $100M more in liquidity, dYdX volume could potentially double, leading to the fees in MegaVault increasing from $20M closer to $40M.

From this increase, stakers who deposit $USDC into MegaVault could benefit from more returns due to the additional inflow of liquidity in the vault and decide to stake more.

Pretty cool, right?

To add to all of this, do note that liquidity coming from the MegaVault isn't the only stream of liquidity to new markets on dYdX. All the existing liquidity works alongside the MegaVault to ensure that markets are tradable.

It's not a case of replacing the current liquidity; it's about adding more to it 🤝

[Sean Kelley @SeanKelleyX]

https://t.co/BSqcfq9hiI

[-_- @Cilo_o]

Then the market realize #BSC tokens have potential $XVS @VenusProtocol
https://t.co/2Q76MU6zcT

[Artificial Superintelligence Alliance @ASI_Alliance]

https://t.co/5mZcVv7E3v

[-_- @Cilo_o]

@saylor There is a second best! @decredproject $DCR

[Decred (DCR) @decredproject]

Bison Wallet: Beyond Basics

Market Makers are easy to setup and run. But under the hood there are some additional options to further customise your bot strategies.

[-_- @Cilo_o]

@toddfmaki Amazing post, good work. Decred is the most antifragile ecosystem in crypto. Never backed down from the deep libertarian crypto principles. Decred is truly about financial freedom, in modern society we don't care until it's too late. Own $DCR and be free!