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A 🧵thread on the overview of #ZeroKnowledge's Landscape, Points of differentiation between projects & Valuation difference.
This is my attempt to compile the current landscape of ZK, If there is additional info/updates, do reach out via DMs.🙏 (1/13)
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Protocols struggling to find its product-market-fit and fixed rate products cant justify itself in the low yield new normal.
DeFi stablecoin base yield is 0.2-0.8% while 4-week US-T-bill is yielding 1.26%.
Arbor Finance@arborfinance
Porter Finance is shutting down its bond issuance platform. Please see the medium article below: blog.porter.finance/porter-finance…
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When currency systems fail, they often try to block the exits.
This impacts people in developing countries frequently; it often becomes a crime for them to hold foreign money. Their savings get corralled into a failing currency.
Colombo Gazette@colombogazette
The maximum amount of foreign currency retained in possession by a person in, or resident in, Sri Lanka has been reduced to USD 10,000 or its equivalent in other foreign currencies. Read the full story here colombogazette.com/2022/06/25/sri… via @colombogazette #Srilanka #lka #USD
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