9% APR on your ADA with no risks of defaults?
➜ Boosted Stake ↗️
Stats 📊
∙ +1M$ADA borrowed in the past 24h
∙ +7M $ADA currently borrowed
∙ +37k $ADA APR distributed so far
∙ +620k $ADA projected APR
8. FLDT - @FluidTokens
(lending/borrowing)
Not only are they innovating in the lending/borrowing space, i.e. Boosted Stake, but they are also contributing in other areas.
They recently announced Aquarium, the first market fee protocol on Cardano, and CIP-113, a standard instrumental in bringing USDC to Cardano.
🧵8/15 👇
In the past two weeks, a few significant developments have started to take shape.
We promised we were going to build in the name of transparency, so here’s everything that’s happened 👇
We had 2 major discussions:
➜ An Investment Fund
➜ IOG
🔹 Investment Fund
We found out they love using Boosted Stake 🤯
From their POV, it’s a great way to offer above-average yield to their clients without the risk of defaults.
🔹IOG
The conversation revolved around Aquarium, and specifically Babel Fees..
This is a massive turning point as they showed interest in the way we are thinking about Babel Fees and how our solution could (potentially) benefit Cardano.
It makes a lot of sense because IOG’s solution is at the ledger level, while Aquarium would run on a decentralized network of validators to allow not only Babel Fees but also Sponsored and Automatic Transactions.
The Applications are endless!
- Hiding blockchain infra from User Experience thanks to Sponsored Txs.
- Transacting using Custom Currencies In-game.
- Automatic Payments.
- & more.
Both conversations are still a Work In Progress, but they showed very promising signs. As always, we will keep you in the loop 🤝
When we say we are trying to be the most disruptive startup in Cardano, we mean it.
People do not realize how much innovation the $FLDT team is bringing to Cardano.
In my view @Fluidtokens is a project that can be worth 1Bil $ at the top of the bull market.
Lending/borrowing platforms will replace banking at some point and $FLDT will be one of them.
$FLDT 50% retracement is marked in blue.
1st resistance barrier is the 50% at 0.62
2nd = ATH at 0.74
Now we count out 5 micro waves up between 0.80 & 0.88
$FLDT - Perhaps one of the best investments you could make ahead of the Bull Market.
Currently only 2268 holders. Absolutely set to melt faces.
#Cardano#CardanoCommunity
$FLDT breaks out of its flag consolidation range on volume, note closes inside range small bodys
Could have also played this as a falling wedge breakout but i opted for horizontal structure confluent with BB20
Might have room to run if this closes tower bottom, note price walls
$FLDT has captured the attention of Charles Hoskinson. Have you aped into it yet? Prices won’t be this cheap forever with the Bull market hurdling towards us.
#Cardano#CardanoCommunity
This is a great possibility to get into $FLDT before the bullmarket-train will leave the station.
The @FluidTokens team is awesome. Just follow them on X and you will see they care a lot! 👍
I didn’t sold a single FLDT since launch and will start to DCA now.