Intern has been pestered with countless Q's about why eUSD is a yield-bearing stablecoin and what in the name of Newton's Apple is rebasing 🤦
So here we go - a magical journey into the eUSD rebasing mechanism and yield distribution 🛫
Going radio silent for a bit Lybrans 👀My boss has found out my secret online life and, believe it or not, isn't thrilled. I'm skating on thin ice here. Be back soon 🥲🥲
There are currently three stablecoin protocols built on LST/LSD in the market.
What are their differences?
To start with, they are all based on LST's rebasing model.
Your fav Intern is here!
So, we've been bombarded with FUD abt emissions, utility, and all that jazz 🤕
Intern have gathered all the community feedback and rest assured, the team will carefully consider it, or I'll make sure they regret 🤬
Intern-JUST IN 📢
Team is clued up about the emission issue, but the unchangeable nature of @LybraFinanceLSD contract has our hands tied until V2 🤯
I might be sitting on a scoop about V2, but I'll keep you in suspense until my next tweet🤭
There’s been a lot of buzz and FUD on $LBR this past week.
Is it the beginning or end of a revolutionary interest-bearing stablecoin with tons of potential?
$eUSD
Let’s take a look at the current state of the protocol ⬇️ @LybraFinanceLSD