we do not know you have a poem to offer it is made of action—you must search for it run
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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
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Trying out thefriendly.lens on mobile. 🌵🌵🌵 The onboarding went smoothly, was able to connect my lensprotocol.lens address immediately.👍 In terms of game play, it is much harder to play on phone vs. laptop. 🔥But after several attempts, I managed to find a good rhytm 🫡 I am sure siddxa.lens will make another great run soon! 🌵 Pro Tip: make sure to try out different backgrounds and find one which fits you the most. https://gw.ipfs-lens.dev/ipfs/QmTYLuZTk837bUNeWtmNJpH5HeRvrDm7RAxqUizqnboj7c
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