Quant

[Quant @Freshsekac]

@adamscochran I’ve been hearing $6B - what have you heard?

[Quant @Freshsekac]

@TheCryptoDog https://t.co/TV67AZ7ukA

[Duncan @DuncanReucassel]

1/ Thread on the Terra $LUNA ecosystem.

Imagine if every time USDT, USDC, DAI or any other ETH based stable coin was minted it required an equal amount burned in ETH?

Welcome to LUNA’s tokenomics, a fascinating design that has burnt >100m (~22%) Luna over the past 3 months.

[Quant @Freshsekac]

@TheCryptoDog https://t.co/TV67AZ7ukA

[Duncan @DuncanReucassel]

1/ Thread on the Terra $LUNA ecosystem.

Imagine if every time USDT, USDC, DAI or any other ETH based stable coin was minted it required an equal amount burned in ETH?

Welcome to LUNA’s tokenomics, a fascinating design that has burnt >100m (~22%) Luna over the past 3 months.

[Quant @Freshsekac]

@HsakaTrades https://t.co/TV67AZ7ukA

[Duncan @DuncanReucassel]

1/ Thread on the Terra $LUNA ecosystem.

Imagine if every time USDT, USDC, DAI or any other ETH based stable coin was minted it required an equal amount burned in ETH?

Welcome to LUNA’s tokenomics, a fascinating design that has burnt >100m (~22%) Luna over the past 3 months.

[Quant @Freshsekac]

@CryptoKaleo https://t.co/TV67AZ7ukA

[Duncan @DuncanReucassel]

1/ Thread on the Terra $LUNA ecosystem.

Imagine if every time USDT, USDC, DAI or any other ETH based stable coin was minted it required an equal amount burned in ETH?

Welcome to LUNA’s tokenomics, a fascinating design that has burnt >100m (~22%) Luna over the past 3 months.

[Quant @Freshsekac]

Must read Luna thread...

@HsakaTrades @terra_money @TerraBitesPod @AlphaSeeker21 @CryptoKaleo @TheCryptoDog @TheMoonMidas

[Duncan @DuncanReucassel]

1/ Thread on the Terra $LUNA ecosystem.

Imagine if every time USDT, USDC, DAI or any other ETH based stable coin was minted it required an equal amount burned in ETH?

Welcome to LUNA’s tokenomics, a fascinating design that has burnt >100m (~22%) Luna over the past 3 months.

[Quant @Freshsekac]

@crypto_blkbeard https://t.co/azKEbM9VhA

[Duncan @DuncanReucassel]

1/ Algorithmic stable coins need *unique/exclusive* utility to work. Over the long term few users will take an incremental risk to use an algorithmic stable coin if they do not have an incentive to do so.

This is why so many algo stables on ETH have & are likely to fail.

[Quant @Freshsekac]

@f6zivk Check out $UST by terra - 5th biggest stable coin more decentralized then DAI (large % of USDC is backing DAI).

[Quant @Freshsekac]

@duncanreucassel @UpOnlyTV @CryptoCobain @ledgerstatus @Sicarious_ @mattysino Great Macro Thread @APompliano

[Quant @Freshsekac]

@duncanreucassel @UpOnlyTV @CryptoCobain @ledgerstatus @Sicarious_ @mattysino Great Macro Thread @zhusu @pythianism

[Quant @Freshsekac]

@duncanreucassel @RaoulGMI @novogratz @zhusu @Tetranode @CryptoCobain

[Quant @Freshsekac]

I'm verifying my Arweave address Y1feZDYnUdWG9MEuN__wRqh8crNCoAAwS27vxqtBK04

[Quant @Freshsekac]

@duncanreucassel Anc rate = Fed Funds rate of crypto? @d0h0k1

[Quant @Freshsekac]

@ledgerstatus @LidoFinance Have you read this thread on $LDO? https://t.co/eZk9GYD6AP

[Duncan @DuncanReucassel]

1/ Thread on @LidoFinance and liquid staking derivatives

Lido is at the forefront of liquid staking derivatives on both Ethereum $ETH and Terra $LUNA.

Liquid staking derivatives will be key infrastructure for increasing the capital efficiency of PoS assets within DeFi.

[Quant @Freshsekac]

@duncanreucassel @LidoFinance @Tetranode @zhusu check out this Lido thread!!

[Quant @Freshsekac]

@duncanreucassel @LidoFinance @santiagoroel Interesting read on Lido Finance

[Quant @Freshsekac]

@CryptoChrisG @zhusu @hasufl @gakonst @paradigm @LidoFinance Paradigm is only taking 7/10% maybe Su and 3AC picks up the other 3/10% 👀👀

[🦇🔊 Lamboshi @L_Nakaghini]

If 1559 and The Merge were active today, there would have been 839 new ETH issued, and 15,120 ETH burnt. Validators would have received 6480 ETH in transaction fees which when annualized works out to a 69% APR for staking. Nice.

[Lido @LidoFinance]

22,588 ETH (about $50m) has just been staked with Lido in one transaction representing the largest Lido staking transaction to date🏝

[Lido @LidoFinance]

250,000 ETH now staked with Lido💧