August recap. Who said August was just for vacations. Here's a quick wrap-up of the Liquity extravaganza this month.
31 Aug 2023, 15:51
August recap 📅
Who said August was just for vacations? 😎
Here's a quick wrap-up of the Liquity extravaganza this month! 👇🧵
ATH in Troves
/LiquityProtocol/status/1697275931121893659/photo/1
bull market 🐂 or bear market 🐻, Liquity doesn't care.
Liquity dances to its own tune 🎵, when the beat of solid fundamentals are there.
In August, an ATH on the number of open troves was reached (1309) 🏆
An amazing display of trust from DeFi users.🙏
👇
LUSD as a DAO treasury asset 🏅
$LUSD is making its mark as a favorite DAO treasury stablecoin to hold.
/LiquityProtocol/status/1697275931121893659/photo/2
In August, the likes of @gearboxprotocol , @silofinance , and @BaoFinance all hopped on the decentralization bandwagon, and diversified their treasuries adding the with the most decentralized stablecoin around.
Who's next?
👇
LUSD proliferation on layer 2's continues
While Liquity's immutable nature means it will always remain a permanent resident of the Ethereum mainnet, guess what?
You can now spot bridged LUSD vacationing on @0xMantle and soon, @0xPolygon zk🏖️.
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LUSD as a collateral asset on @AaveAave
$LUSD is officially rocking as a collateral asset on @aaveaave with a unanimous "YAE" from the community. 🤘
/LiquityProtocol/status/1697275931121893659/photo/3
Needless to say, the demand for LUSD as a collateral has been impressive 👀
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On/offramp LUSD in Mexico 🇲🇽
@0xsuarmi have integrated LUSD on and offramps into MXN pesos and vice versa across Ethereum, @optimismFND , and @arbitrum .
This marks the first on/offramp venue for LUSD in the LATAM region.
👇
LUSD as a base asset on @PolynomialFi
⚡Last but not least, $LUSD has been added to the DeFi powerhouse @PolynomialFi on @optimismFND
/LiquityProtocol/status/1697275931121893659/photo/4
Can’t wait to see what September holds.
Onward and upward! ⬆️
Same news in other sources
101 Sep 2023, 14:16
Missed Liquity's August recap?
Check out the 🧵👇
Missed Liquity's August recap. Check out the.
Missed Liquity's August recap?
Check out the 🧵👇