Over the past three years, DeFi user activity has been nearly stagnant. The reason is straightforward: funds are dispersed across different chains, preventing effective liquidity aggregation. Users, despite holding assets, are often trapped in the isolation of a single chain. River was created to address this problem. It proposes a chain-abstract stablecoin system: regardless of which chain a user stakes BTC, ETH, BNB, or LST on, they can generate satUSD on another chain. Compared to traditional stablecoins, which are confined to a single chain, River allows assets to truly animate, allowing for free movement between different ecosystems.
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FARTCOIN That amount of panic around a chart that's still holding Daily Support is wild to me. It shows how few people have the patience to sit on their hands and trust levels that actually matter. Ignore the guy in the group chat that doomposts every 5 minute candle. Trust HTF structure.
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Oh, my caution towards pre-sale asset issuance methods made me miss the earliest participation opportunity with @MMTFinance. I have been hesitant about Momentum's Non-Fungible Token. In fact, I saw that it was over-subscribed by 80% in less than a day, and I hardly saw any discussions about it in the Chinese Twitter circle, indicating that most participants were from the European and American regions. I won't participate just because many big players are involved, following the Matthew effect. After carefully examining the pre-sale rules and valuation logic, I realized I missed a lot.
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