Today, we’re launching @faraday, the first transaction engine to make stablecoin transfers safe, cheap, and compliant.
Routing + compliance + risk screening in one API, giving you everything you like about stablecoins, without the downsides.
The Palantir for Stablecoins
Today, we launch the first real-time intelligence platform for stablecoins: an asset-centric multichain explorer, the largest attribution dataset, entity and blacklist feeds, and a risk API.
The brain tracking trillions of dollars onchain is here.
We wrapped $USDT and created the first private stablecoin and confidential token transfer in @solana history.
If you want to learn more about it and experiment with confidential tokens and stablecoin transfers, reach out.
Follow @faraday. More exciting announcements soon.
1/ Introducing the first Cross-Chain Explorer:
Every asset, across any chain, in real-time. 🌐
Say goodbye to juggling multiple tabs to track cross-chain transactions.
My friends at @margined_io have just launched their validator for Osmosis. I come to you with a simple offer: redelegate your OSMO tokens to them (any amount), comment and get one free @bottoproject pipe (current floor 0.07E and future floor incalculable 🤌).
Current narrative is that it's not okay to attempt a decentralized algo stablecoin...
...but it is okay to build an explicitly centralized stablecoin collateralized by bank fiat, in which any account can be frozen or transaction reversed, and all redemptions KYC'd.
🧐
10/ The Foundation is looking to use its remaining assets to compensate remaining users of $UST, smallest holders first.
We are still debating through various distribution methods, updates to follow soon.
5. Decentralization has its price
Decentralization is one of the key aspects for crypto in general, and while exciting, we all need to be aware of the fact that it can - and will - be under pressure from times. Innovation must not stop.
7. End of Word salad
As I said earlier: There is always a light at the end of the tunnel, and together as a community we will make it through.
After all we call ourselves #LUNAtics for a reason, don't we?
Onwards! 🌠 $LUNA $UST