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USDT vs USDCBoth are stable coin intended to have value equel to a US dollar 💵.#Write2Earn #USDt #USDc #CeFi #DeFi 1️⃣ USDC has low adoption and trading pairs.2️⃣ USDC is back by reserve and regulated like fiat currencies by authorities.3️⃣ USDC is subject to conventional risks because of centralizatio and single owner entity.4️⃣ USDT is not backed by proven reserves and therefore higher risk (other like cryptocurrencies).5️⃣ USDT is well established, while USDC is growing in popularity for its compliance and transparency.Community trust is the everything if some coin losses it due to any issue it will doom!What is the downside of USDC?USDC, like other stablecoins, faces common drawbacks such as centralization risks due to its management by a single entity, Circle, and regulatory risks linked to the evolving financial regulation landscape. It also carries counterparty risks, relying on the trustworthiness of Circle and its banking partners. In addition, USDC is tied to the traditional financial system, inheriting its vulnerabilities, and is subject to smart contract risks inherent in blockchain technology. While offering stability, it lacks the high return potential of more volatile cryptocurrencies, presenting a limited use case primarily as a stable medium of exchange or store of value.

USDT vs USDC

Both are stable coin intended to have value equel to a US dollar 💵.#Write2Earn #USDt #USDc #CeFi #DeFi 1️⃣ USDC has low adoption and trading pairs.2️⃣ USDC is back by reserve and regulated like fiat currencies by authorities.3️⃣ USDC is subject to conventional risks because of centralizatio and single owner entity.4️⃣ USDT is not backed by proven reserves and therefore higher risk (other like cryptocurrencies).5️⃣ USDT is well established, while USDC is growing in popularity for its compliance and transparency.Community trust is the everything if some coin losses it due to any issue it will doom!What is the downside of USDC?USDC, like other stablecoins, faces common drawbacks such as centralization risks due to its management by a single entity, Circle, and regulatory risks linked to the evolving financial regulation landscape. It also carries counterparty risks, relying on the trustworthiness of Circle and its banking partners. In addition, USDC is tied to the traditional financial system, inheriting its vulnerabilities, and is subject to smart contract risks inherent in blockchain technology. While offering stability, it lacks the high return potential of more volatile cryptocurrencies, presenting a limited use case primarily as a stable medium of exchange or store of value.
Unlocking of a Token! $SUI $ALT Read This Article about ef$fect of unlocking! DYOR https://coinmarketcap.com/community/articles/6550aca413022457ee19882c/
Unlocking of a Token!
$SUI $ALT
Read This Article about ef$fect of unlocking!
DYOR
https://coinmarketcap.com/community/articles/6550aca413022457ee19882c/
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UMA Launches Oval Solution for Decentralized Oracles in DeFi Protocols 6:00 AM・Jan 24, 2024 According to Foresight News, decentralized oracle UMA has introduced the Oval solution, allowing DeFi protocols to access the value generated during oracle updates by utilizing 'oracle extractable value' (OEV). The Oval solution is a collaborative effort between UMA and Flashbots. The new solution aims to improve the efficiency of decentralized finance protocols by enabling them to tap into the value generated during oracle updates. This is achieved through the use of oracle extractable value, a concept that allows DeFi protocols to benefit from the information provided by decentralized oracles. UMA's partnership with Flashbots, a research and development organization focused on minimizing the negative externalities of current MEV extraction techniques, has led to the development of the Oval solution. This collaboration aims to enhance the overall performance of DeFi protocols and promote a more efficient and secure ecosystem for decentralized finance. #UMAUpdate #UMA
UMA Launches Oval Solution for Decentralized Oracles in DeFi Protocols
6:00 AM・Jan 24, 2024

According to Foresight News, decentralized oracle UMA has introduced the Oval solution, allowing DeFi protocols to access the value generated during oracle updates by utilizing 'oracle extractable value' (OEV). The Oval solution is a collaborative effort between UMA and Flashbots.

The new solution aims to improve the efficiency of decentralized finance protocols by enabling them to tap into the value generated during oracle updates. This is achieved through the use of oracle extractable value, a concept that allows DeFi protocols to benefit from the information provided by decentralized oracles.

UMA's partnership with Flashbots, a research and development organization focused on minimizing the negative externalities of current MEV extraction techniques, has led to the development of the Oval solution. This collaboration aims to enhance the overall performance of DeFi protocols and promote a more efficient and secure ecosystem for decentralized finance.

#UMAUpdate #UMA
Word of the Day #WODT Win Reward Points Follow Activity [Word of the Day](https://www.binance.com/en/feed/post/2761149849842) Article to Read [Article 1: Spot Bitcoin ETFsA](https://www.binance.com/en/feed/post/925294439433) [Article 2: What Is a Bitcoin ETF](https://academy.binance.com/en/articles/bitcoin-etfs-explained) Words in those Articles are your #GIFT from me! *4 Letter Words* spot base dive gold cost *5 Letter Words* trade index - asset - stock - fraud theft sight peace price - space savvy worth track place *6 Letter Words* recent secure demand invest future avenue market - denial coexist unfold crypto direct *7 Letter Words* diverge outlook clarity bitcoin - various vehicle profile insight *8 Letter Words* investor - regulate purchase exchange - exposure - industry - scenario proposal adoption - sacrifice approval - bridging -
Word of the Day
#WODT
Win Reward Points
Follow Activity
Word of the Day

Article to Read
Article 1: Spot Bitcoin ETFsA
Article 2: What Is a Bitcoin ETF

Words in those Articles are your #GIFT from me!

*4 Letter Words*
spot
base
dive
gold
cost

*5 Letter Words*
trade
index -
asset -
stock -
fraud
theft
sight
peace
price -
space
savvy
worth
track
place

*6 Letter Words*
recent
secure
demand
invest
future
avenue
market -
denial
coexist
unfold
crypto
direct

*7 Letter Words*
diverge
outlook
clarity
bitcoin -
various
vehicle
profile
insight

*8 Letter Words*
investor -
regulate
purchase
exchange -
exposure -
industry -
scenario
proposal
adoption -
sacrifice
approval -
bridging -
Happy New Year Receive 💕 RedPacket Reward!
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13 signs of a Mature Investor 1️⃣ Green candles don't dictate your moves; patience is your virtue. 2️⃣ Your decisions aren't reliant on constant advice-seeking; you trust your instincts. 3️⃣ Bullish/bearish news is seen as orchestrated; you navigate the market with a discerning eye. 4️⃣ Emotional resilience to pumps/dumps is your strength. 5️⃣ Avoiding pointless debates, your focus is on strategic planning. 6️⃣ Your plan is adaptable to both bullish and bearish scenarios. 7️⃣ Big accounts' posts don't sway your strategy, but you're open to potential knowledge. 8️⃣ Tokens are vehicles for financial freedom, not objects of blind devotion. 9️⃣ Price predictions are viewed as engagement tools, not absolute truths. 🔟 Mistakes are acknowledged, and the thesis is re-evaluated. 1️⃣1️⃣ Humility trumps arrogance, even when you're right. 1️⃣2️⃣ Chart analysis, not hype, guides your financial decisions. 1️⃣3️⃣ Saying no to investments that don't align with your criteria is your power move. Mastering each point, and success coupled with peace will be your reward...
13 signs of a Mature Investor

1️⃣ Green candles don't dictate your moves; patience is your virtue.

2️⃣ Your decisions aren't reliant on constant advice-seeking; you trust your instincts.

3️⃣ Bullish/bearish news is seen as orchestrated; you navigate the market with a discerning eye.

4️⃣ Emotional resilience to pumps/dumps is your strength.

5️⃣ Avoiding pointless debates, your focus is on strategic planning.

6️⃣ Your plan is adaptable to both bullish and bearish scenarios.

7️⃣ Big accounts' posts don't sway your strategy, but you're open to potential knowledge.

8️⃣ Tokens are vehicles for financial freedom, not objects of blind devotion.

9️⃣ Price predictions are viewed as engagement tools, not absolute truths.

🔟 Mistakes are acknowledged, and the thesis is re-evaluated.

1️⃣1️⃣ Humility trumps arrogance, even when you're right.

1️⃣2️⃣ Chart analysis, not hype, guides your financial decisions.

1️⃣3️⃣ Saying no to investments that don't align with your criteria is your power move.

Mastering each point, and success coupled with peace will be your reward...
Learn and Earn Reward [Reward Quiz Link](https://www.binance.info/en/support/announcement/learn-earn-receive-free-crypto-by-completing-courses-quizzes-2023-12-21-bd035c15e1a64d68b94c0b7d15c2d471?utm_medium=app_share_link) Question and Answers of Quiz Q1. Which token does the Marlin ecosystem rely on to derive its security guarantees? ANS:- POND Q2 What kind of applications are suitable for deployment on Marlin? ANS:- All of the options Q3 What is Marlin? ANS:- Verifiable computing protocol Q4. Which programming languages does Marlin support? ANS:- All of the options Q5. What is the utility of Oyster? ANS:- Delegating complex computations Q6. What does Oyster use to ensure the correctness of computations? ANS:- Trusted Execution Environments (TEEs) Q7. Marlin can be used as a coprocessor using two subprotocols, namely, ANS:- Oyster and Kalypso Q8. Applications deployed on which chain can use Marlin? ANS :- All of the options Q9. What is Kalypso? ANS:- A ZK-proof marketplace #Pond #Learn&Earn #QuizAndWin #quizanswers #quiz
Learn and Earn Reward
Reward Quiz Link

Question and Answers of Quiz

Q1. Which token does the Marlin ecosystem rely on to derive its security guarantees?
ANS:- POND

Q2 What kind of applications are suitable for deployment on Marlin?
ANS:- All of the options

Q3 What is Marlin?
ANS:- Verifiable computing protocol

Q4. Which programming languages does Marlin support?
ANS:- All of the options

Q5. What is the utility of Oyster?
ANS:- Delegating complex computations

Q6. What does Oyster use to ensure the correctness of computations?
ANS:- Trusted Execution Environments (TEEs)

Q7. Marlin can be used as a coprocessor using two subprotocols, namely,
ANS:- Oyster and Kalypso

Q8. Applications deployed on which chain can use Marlin?
ANS :- All of the options

Q9. What is Kalypso?
ANS:- A ZK-proof marketplace

#Pond #Learn&Earn #QuizAndWin #quizanswers #quiz

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