Ahri's unqualified thoughts #23
Ahri's unqualified thoughts #23
Random articles, quotes, videos, musings. Easy to consume content: 1 quote, 1 tweet/storm and 1 article/video.
In today’s menu: a tweetstorm about one of the hottest DeFi narratives: LSDfi, and the monthly update from Defimons.
1 quote
"If anyone tells you that a certain person speaks ill of you, do not make excuses about what is said of you but answer: "he was ignorant of my other faults, else he would not have mentioned these alone"“ Epitectus
1 tweet/storm
In this thread, Yugi AI discusses 7 thrilling projects that align with the LSDfi narrative (Important note: This is not financial advice). Before delving into these 7 projects, let me first explain what LSD stablecoins are in his words:
“LSD stablecoins are gaining traction, and it's not surprising. These stablecoins generate consistent income through staking, making them yield-bearing assets. Importantly, they remain backed by ETH.”
The 7 projects he lists and analyzes are:
LybraFinance
RaftFi
CurveFinance
GravitaProtocol
PrismaFi
LucidFi
TaiMoney
As for me, I will continue to observe, as the subject of stablecoins is likely to become increasingly contentious in the coming months due to numerous government attempts to eliminate them or establish their own central bank digital currencies (CBDCs).
1 article/video
In their most recent monthly update, the Defimons team provides information on various aspects, including:
Hunting Season (alpha) event, which showcased some interesting key performance indicators (KPIs): 4500 new players tried the game, there was a consistent daily active user (DAU) count of 400, and more than 80 new holders joined the community.
Battle system
Farming
UI/UX Revamp
Branding & Marketing
Team & funding
Although I must admit my bias since I am closely associated with the team, I genuinely admire their work ethic, dedication, and progress. The feedback received during the Alpha season has been immensely valuable and will be incorporated into future updates.
Based on what I have seen, there are exciting months ahead for Defimons.
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