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Apparently, Trust Wallet is the biggest crypto project in the world now.
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#trustwallet
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Another market dump - another TVL ATH Users keep migrating from the old-generation lending markets to @0xfluid Simply because there is no better place to borrow on or off-chain
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down badly, need to take this side hustle
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Weekly Market Outlook [152] - Summary of the market in August - Pump. fun is the fastest-growing application by revenue in the history of the crypto economy - Modular ecosystem growth trajectory continues... - 7 charts that show crypto adoption happening in real-time Read👇
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Ever wonder what's the best day for a public hospital? When all the patients die. Then the hospital gets higher funding to 'improve' the stats. But for private hospitals, it's simple: no patients - no money. The system is built on different incentives. This is very similar to the current Lending markets landscape. Old-generation lending markets want you to be liquidated so they can make record-high earnings. Then they’ll tell you they have the best protocol because it's 'safe' and generates high revenue. But their liquidation revenue is just money taken from you. They treat borrowers as second-tier users, applying ~10% liquidation bonuses to wipe you out of the markets as soon as possible. Old-generation lending markets are the public hospitals of DeFi. By analogy, @0xfluid is the best private hospital in the world. We designed a system where borrowers get the best treatment with up to 97% LT and as low as 0.1% Liquidation Penalties. We don’t need to liquidate users to make money — we need borrowers to keep using the platform. Haven’t switched to Fluid yet? Then you’re still being treated like shit.
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