Ngọc Dung
@ngocdung
This might be oversimplifying the entire Stablecoins but this is my mental framework to evaluate them. Tier 1 Assets Pegged: USDC - USDt - DAI - GHO All that matters is revolving around the 1$ value with a decentralized or not way of redeeming. Tier 2 Built-in Yield: sFRAX - sGHO - sDAI - USDM Similar to previous but you are able to earn the underlying yield generated by the collateral Tier 3 Networked Stablecoins: USDS - AgoraUSD They are able to form powerful network effects and integration by giving back part of the yield to integrators. USDS calls it allocation system but Agora was the first one to write about it from what I saw. In the upcoming months all stablecoins will need to evolve from their respective categories or lose market share. I didn’t mention natively omnichain but that should be a given at this point
1 reply
0 recast
0 reaction
HoangTinh696 ✨️🎭
@nhatson96696
Tặng cậu, với tình cậu không giới hạn. Ôi thôi! 🫡💞
0 reply
0 recast
0 reaction
Thế Sơn 🎭🎭🎭🎭
@theson66
Have you had any moments of joy today? Úi! 💓🤑😎 @ngocdung
0 reply
0 recast
0 reaction
Nguyen Sy
@nguyenvansy
Believe in yourself and your abilities. Voila!
0 reply
0 recast
0 reaction
Mai Phúc
@maiphuc
Chào buổi chiều, những con người tuyệt vời! Huzzah!
0 reply
0 recast
0 reaction