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🎉 #Dopex launched @CurveFinance’s $CRV to SSOV-p (Single Staking Put Option Vault).
💰 This will allow the users to either write put options on CRV (using stablecoins as a collateral) or to buy put options on CRV
🖥 https://t.co/BHz0pmJFrV
📖 https://t.co/KqmTcADXa8
onli de stable wassie
muster of all de stablecoins
culd save dem
but wen de werld nidded it de most
it vanished
💰#DeFi DAOs are increasingly moving to diversify their treasuries to ensure long-term survival.
@RariCapital is considering a proposal to sell 10% of its $RGT holdings for stablecoins through a public auction.
@samuel_haig reports👇
https://t.co/2ozkDz2SMx
So the SEC said no to 4% yields on stablecoins…..but they didn’t say shit about 40,000% yields on extremely risky pool 2
im sitting on a good amount of both stablecoins and crypto and i dont have any particularly strong mid term convictions one way or another
i feel very lame and gross on having no strong convictions right now but it is what it is
6/ Product
This is important because:
A) There is a clear link between platform value capture and token value accrual
B) This is non-subsidized (no ponzinomics here)
C) Actual dividends in stablecoins reduce volatility of returns (you don't need to form a view on Sushi's price)
In Today's Defiant:
⚖️Do fully trustless stablecoins stand a chance? @Ganesh asks as Dai falls behind
🗺️@MakerDAO has roadmap for Foundation to dissolve itself
💰@keep_project of tBTC raises $7.7m
🤑@coinbase invests $1.1m in Uniswap and PoolTogether
👇
https://t.co/s9UouTSg8s