🔍Navigate DeFi in one DApp: smart portfolio tracker, yield explorer with zaps, and airdrops guide: https://t.co/tAl4UynToO // Our weekly DeFi Digest: https://t.co/PzVB6IL7sLgo.notum.ai/telegram Join our DeFi Hub 👉Joined February 2021
Stablecoins: The good, the bad, and the ugly.
The world of tokens is ruthless, and stablecoins aren’t immune. Every project claims their token holds a 1:1 peg, but then some, like $USDR or $UST, crash.
Get a real understanding of what stablecoins are all about 🧵👇
14/ Algorithmic stablecoins
These are the riskiest and least popular stables. If there’s any collateral, it usually doesn’t cover the full position, which can lead to a depeg if the market crashes. After the $UST crash by @terra_money, trust in these projects took a hit.
Extending summer with our quests, today featuring 🧱 @SturdyFinance
Leverage ETH in aggregators from Renzo and StakeStone to catch sweet yields, earn extra rewards from incentives, and get a chance to win in our Galxe quest.
Check out the details 👉 go.notum.ai/sturdy_quest
7/ What's next? 👀
Renzo plans to continue distributing $REZ tokens as rewards, so now is not the time to exit. Holding might not be the best for airdrop farmers, but providing liquidity can really boost your airdrop returns and earn extra yield through fees.
Renzo Proposal 1: Renzo Amore Initiative
This initiative proposes to allocate 5% of the total $REZ token supply split between ezPoints recipients and liquidity emissions over the next 5 months.
Forum Discussion:
gov.renzoprotocol.com/t/rp-1-renzo-a…
🔍Season 2 of @renzoai has ended. Was it worth jumping in?
Our research team ran the numbers, and we've got the results for you.
Scroll down for the insights and the APR from our deposits👇🧵
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