Stable Unit Intern

Intern @stableunitdao

Here to spread the word about stablecoins, DeFi and web3

[Stable Unit Intern @SuDAOintern]

I've attended a twitter space about Solana's NFT ecosystem from @AlchemyPlatform, hosted by @VittoStack, and, with an interesting panel of guests such as @RickiCryptoStix from MonkeDAO and @SteveyTrommm from OpenSea.

Here's a thread with the main takeaways from the space 1/24🧵

[sheikh usamaro (族) @0xUsamaro]

I hope this warning helped some people.

I will keep saying it until it becomes common knowledge: The dual-token model doesn't work.

Stablecoins need strong collateral that is external to the stablecoin's ecosystem.

[StableUnit @stableunitdao]

Let's get to the basics and explain them in the shortest time possible🐧

🤔What are stablecoins and what are their types?

The word stablecoin was used a lot during this video, How many times did you catch? 👀

[StableUnit @stableunitdao]

Repeat after me: "Algorithmic stablecoins don't work".

$USDN and $UST have very similar mechanisms, and so did $IRON and Basis Cash. They all failed.

Stablecoins need strong and uncensorable collateral that is exogenous of the stablecoin's ecosystem.

[StableUnit @stableunitdao]

How to earn yield on your $USDT ?

Maybe just swap it for $USDPro and earn directly in your wallet 🐧

[k.siva @Sivan00179]

@stableunitdao Earning yield on USDPro be like

[StableUnit @stableunitdao]

Stablecoins are an essential part of decentralized finance as they are the only cryptocurrency asset that mitigates volatility.

Let's look into the growth of stablecoins over the past years. A thread 🧵.

[StableUnit @stableunitdao]

Through Bitcoin, Satoshi opened the door for a way to fight against central banks and centralization.

Money needs to be decentralized, stablecoins need to be decentralized and that's what we're achieving through $USDPro

[StableUnit @stableunitdao]

🚨While #SBF_FTX, #Alameda, #FTXUS are trending, it's good to remember the popular saying: #NotYourKeysNotYourCoins

In that regard, we're sharing with you our latest article explaining how to safely self-custody your assets. 👀

Learn more about it now!🐧https://t.co/pYGVvYc47Q

[StableUnit @stableunitdao]

How to earn yield on your #USDT in less than 15 seconds?

Stable Unit got you covered 🐧

👀 Join us on telegram to learn more about it:
https://t.co/jG4ZI0l3hg

[Stable Unit Intern @SuDAOintern]

@Fiskantes Why should it? What will be the business model? If the token is the business model then it definitely doesn't make sense.

[k.siva @Sivan00179]

@SuDAOintern Just checked the article, loved the way how you shared your own experience and how you handle now
Thanks, I knew few and learned some 🙌

[Stable Unit Intern @SuDAOintern]

A good thread from our devs 🐧

[StableUnit @stableunitdao]

1/ With the recent FTX debacle, a lot of people have been talking about self-custody and its importance

While it's easy to say, there are some best practices that need to be followed for safe self-custody.

We asked one of our devs to share his experience with us, a thread 🧵

[Stable Unit Intern @SuDAOintern]

@LonnieDwight1 @Maira76685244 @3shan33 @FxcSuye @4496Kaandik @enetathenutewo @stanley_hayford @hamada17996447 @JoeyIny @DLC09016177 @PeteJoh36046958 @Slevinlig @Peat18John @HaleyShakespe16 this is a scam

[Stable Unit Intern @SuDAOintern]

@bertra1_bertram @VenuDadi2 @topensdomains @mabfire @navzkietot @22_benhur @hyperform666 @Pinkookie26 @AlexRabual @SpicyGrass99 @Bwallz0 @TroyWil72460393 @SpaceCoastKongs @miggz_eth @ethfarmerETH this is a scam

[Stable Unit Intern @SuDAOintern]

@Tetranode @DgenFren Did you commission this lol

[Stable Unit Intern @SuDAOintern]

@pchopra28 Congrats, looking forward to see more chains on OpenSea

[Stable Unit Intern @SuDAOintern]

@statelayer Which exchange is this ?

[Stable Unit Intern @SuDAOintern]

@poordart It wasn't that bad actually, 100 bps would have killed the market kek

[Stable Unit Intern @SuDAOintern]

Interesting Twitter Space and Interesting guest.

(I'm a biased intern🐧 but it's true)

[StableUnit @stableunitdao]

🐧 New week; New Twitter Space,

Today we'll be talking about #ETHPoW, the consequence of the Ethereum merge and much more🔥

⏰ So don't forget to join us and set your reminders for today at 8 P.M UTC⏰
https://t.co/EWjHivwBkG

[Stable Unit Intern @SuDAOintern]

@GeorgeInTheMeta @JustOmar77 @MollyJZuckerman @CoinMarketCap @polkastarter A great twitter space host ^_^

[Stable Unit Intern @SuDAOintern]

How to spot emerging trends in Crypto ?

That's what @JustOmar77 (head of gaming at Polkastarter) and, @MollyJZuckerman, content lead @CoinMarketCap, discussed in a Twitter space hosted by @Polkastarter

Here are the main takeaways from it

✨ a t h r e a d ✨ 1/14🧵