X @Andre Cronje

Crypto can be very noisy, and innovation moves slow, but just reflecting on how much even simple things like stablecoins have come from back when Tether started from just tokenizing USD deposits on bitfinex to make trades a bit simpler, to where we are today with CDP's thanks to Maker, fixed yield with Spark, peg mechanisms thanks to Frax, and Curve, and yield opportunities from delta neutral plays thanks to Ethena. It is really crazy what you can accomplish onchain today. You can combine the peg mechanisms ...