Richi

@shivam140307 @reh191 @DanoFinance @StableUSE The protocol is brand new and quite complex, with many moving pieces. We're committed to working with partners to improve the user experience — but it will take time. Please follow the announcements; we'll let you know as soon as trading pairs with ADA and other majors go live.

@ManaStaking @reh191 @DanoFinance @StableUSE I feel it is too much complexity on UX. Why can't there be a site where you send Ada/ETH/BTC and the protocol does the exchange ergo part in the background and issue a stable coin ? Making it easy and cheap should be the priority.

🔥 $USE is now live on Concentrated Pool on @DanoFinance DanoFinance is the first DEX to support swaps for the USDCx - USE pair Swap with lower slippage and better execution, powered by concentrated liquidity. Trade smarter. Swap smoother. More pairs coming soon.

If you want to mint directly from the Algorithmic bank, you need ERG can be done with several UI. For example here: cruxfinance.io/dexy/mint The liquidity pairs with ADA and Night are coming soon and will be accessible via Dexhunter. You can sell $USE into AMM pool that is controlled by the algorythmic bank and get ERG back or sell to any other liquidity pairs on secondary markets.

@reh191 @DanoFinance @StableUSE So currently you need Erg to mint $USE or you buy with an existing trading pair ? Is it possible to issue $USE using BTC/Ada/ Eth ?? And what is a burning mechanism? There is no mention of the burning mechanism for your coins.

The @DanoFinance team are great to work with. Ethical & innovative builders. Cardano is lucky to have them. There is more to come for our prime algorithmic stablecoin $USE 👀

✅ The airdrop to all participants is complete! What's next: -working on liquidity rails with partners. Stay tuned.

With less than 1 hour remaining, we are successfully approaching the end of the Phase II event. There is still time for last-minute participation. Check the dashboard and your airdrop allocation ⬇️

This is by far the most successful business model in crypto. The entire industry just handed unlimited power to a few centralized stablecoin issuers. It shouldn't be that way. With @StableUSE, we're replacing US Treasuries with deflationary collateral. Take a position in the collateral, use the stablecoin for daily DeFi — LP provision, lending/borrowing, trading, and more. Benefit from collateral appreciation instead of handing it to a centralized party. Coming soon to Cardano

⏰ Final 24h of $USE Campaign Phase II. Last chance to contribute to cross-chain liquidity. What's next: → Airdrop allocations shared shortly after close → Contribution + bonus tokens airdropped within 48h → Cross-chain liquidity deployment to follow Airdrop details: @manastaking/use-algorithmic-stablecoin-part-2-building-defi-together-7c466473dda7" target="_blank" rel="nofollow noopener">medium.com/@manastaking/u…

@ErgoMinnow Ergo has no treasury. But from the look of things, Cardano will have no treasury soon either.

Unpopular opinion, people on Cardano aren’t cypherpunks and don’t care about decentralization or tech. Wanna know how I know? Because they’d be focused on Ergo.

The $USE campaign has successfully reached the minimum target needed for Phase II — cross-chain bootstrap. Congratulations! 🎉 The hard cap is still open for those wishing to participate and earn 4.5%–9.5% yield on their stablecoins Participate with $USE (Ergo) or USDCx (Cardano) at use-event.ergodex.io

@decypher_xyz Name one successful project that left Cardano and got traction elsewhere

If I was IAGON CEO, I would get the hell out of here There’s a lot more success to be had on chains that actually care about their champions and promote a valuable economy Understand Cardano fundamentals were what brought them here, but it’s not enough in a business environment

@pondora_org Genuine question — is anyone using @pondora_org? How's the experience? The app is under maintenance right now.

Zero Treasury, Zero Catalyst, Zero Community Funding. This is what Pondora has built: Already live: ✅ Cardano's first Smart DeFi Accounts ✅ Cardano's first Intent-Based DEX with Aggregation ✅ On-chain Automated Strategies and Scheduled Payments ✅ Unified AMM and Order Book Liquidity ✅ Self-custodial, Passwordless Trading ✅ Cardano's first modular attestation network 🟢Cardano's first L2 Rollup (deploying in the next days) Rolling out over the coming weeks and months: 🔜 Cross-chain and cross-layer support across the stack 🔜 Cardano's first Decentralized Oracles 🔜 Cardano's first Decentralized Derivatives 🔜 Decentralized Cross-chain swaps and bridging (BTC and others) 🔜 DeFi Gaming And NO, this isn't another treasury proposal. Everything above is already being built. All we ask is for you to try it out and tell us what you think. With enough passion we can build a better Cardano. Keep an eye on us in the next days, good stuff is coming!🐸

@KillaXBT Yes. I’d be very surprised to see BTC drop below 60k with Saylor being this aggressive at current levels

After May could be brutal. In every single $BTC bear cycle, once April passed, we’ve seen extended downside follow through Q3. Are you really willing to bet against that?

any aggregators building on @MidnightNtwrk? i want to integrate our liquidity engine with your ui. instant deep liquidity and tight spreads for your app at launch. dms are open

real builders build silently sharing that i'm also helping @ManaStaking to build @ShadowbookMM. he runs project management; i help him with my team's technical expertise and consulting. what do we do? we are running multiple parallel strategies that provide the ecosystem with near cex spreads for different trading pairs. ada, night, usdcx, usdm, all the most liquid and volatile assets are included. the order book is accessible for takers only on dexhunter for now. the system is fully non-custodial and built fully on smart contracts. the below admin panel (only we see it) helps us monitor that everything is going well 10 million all-time ada trading volume so far. not bad for a test if u need to become a maker – dm is open or check the docs if u need integration in your UI – dm is open or check the docs if u need just take liquidity using your bot – dm is open or check the docs we covered the interests of all parties to build a stronger cardano

While $USE TVL has seen solid growth, we are now 10 days away from the end of the Phase II campaign to expand $USE stablecoin cross-chain onto Cardano and BSC Participate in $USE and $USDCx and earn 4.5%-9.5% APY Lean more: use-event.ergodex.io Reminder: if the campaign fails to collect the required minimum of $50,000, all participants will be reimbursed

@shishirpai @RosenBridge_erg Rosen is fantastic bridge

Assumptions are very clear with @RosenBridge_erg Say we are going from ETH -> BSC - user sends token to a msig like address on ethereum controlled by a guard set of 7/10 - watchers (decentralized) of 15/23 bring this event on to ergo blockchain where at least 15 watchers need to validate the event actually exists on ethereum and post about it on ergo - at least 7 guards need to then verify this claim then only releases asset on BSC from another 7/10 msig like address watchers can join us at ANYTIME and earn rewards while contributing to decentralization and security Now consider KELP's LayerZero bridge - user sends token to contract - contract burns token - DVN (equivalent to guard-watcher) ran by LayerZero verification and ONLY ONE verification required - executor delivers message to ethereum where a contract unlocks the token on the ethereum side To put the exploit in the simplest terms, the 1/1 DVN infrastructure was hacked. Draw your own conclusions. Know your assumptions. I added some gemini drawn visualizations of how the bridges work.

Here's the problem: I met some great devs and project managers in Paris, but I get the feeling very few of them actually use Cardano at even a mid-trader's level. Most struggle to understand how to connect their projects to others in the ecosystem, so projects are developed in isolation. I genuinely don't understand how marketing can be done effectively by people who likely don't use the Cardano blockchain themselves and aren't even aware of the tools available.

about to spend ~21m ada (~$5m) on one marketing proposal? but here is the problem... serviceplan is genuinely good, that's not the issue. the issue is pointing most of the budget at supply chain traceability on cardano. there's no real market there yet, and we don't have the apps to serve it even if there were. please, put the money behind what's actually live on mainnet — our defi apps, real users, real volume. that's where marketing spend actually does something.

@splashprotocol Met with Jure in Paris. The dude is incredible. No surprise $SONG is doing well even in current market conditions

$SONG is up 70% in the past 30 days🤯

Also, good time to remind that massive onchain-transparent double layered multisig is seemingly superior in practice option in regards with trust assumptions. Choose Rosen over insecure bridges

CoMpOsAbLe DeFi