TVL, PaRtNeRsHiPz, ETH Denver, The Defiant and MORE
Just back from ETH Denver? No? Well find out all about it.. as well as MASSIVE YIELD and all the goings on in ReserveTown.
- Memory lane
- More partnerships
- ETH Denver
- TVL
- 20Bn RSR / Ugly Cash + AOB
Memory Lane
2021 heralded Marzo — and free entry to the App
2022 had over half a million users
And last year was ETH…….. Denver!
eUSD was TVL of just over a million…
So 18x first year — not bad.
Partnerships
New — Redacted Cartel
Already sitting at $175k TVL
Yet more use cases for ETH+, which is flying in TVL terms
Last weeks bsdETH launched — now?
Any yield incentives out there?
Prediction : ETH RTokens will double in TVL in the next 6 months.
And we’re only getting warmed up…
StakeDiva published a video on how to get to the Gainz
ETH Denver
A list!
So focus on stablecoins and governance — with a bit of regulation suggestion thrown in.
We also have some alpha interview from our roving team at Sovereign Stack.
Once everyone’s back we’ll get more feedback from the events.
TVL
Oh yes — numba go up.
As you can see — the green shoots of DeFi summer are starting to break through.
All in all a good week.
20Bn RSR / Ugly Cash
It’s official — there will be 20Bn RSR available through smart contracts to enable growth of the protocol — how those smart contracts work we don’t know yet but there might be a mixture of linear availability and exponential availability — more to come, but Thomas outlined the thought process to the Defiant in a video interview :
But we knew this, right? ha. Governed by the community, so incentivised for growth.
Ugly Cash
Things are hotting up
Notice the REWARDS. This is the eUSD part of Ugly Cash — LATAM users have eUSD custodied. Look out for block mints once people start to keep $$ in their accounts.
AOB
Head over to comment on the great basket swap for hyUSD
Rangatoni!
Fred is on fire 🔥
And I think it’s time for some après ski — ooh soo smooth — just like a daytime tv presenters links.
Thanks for reading!