Some signs of a relief bounce.
Deploying our last fiat, staying mostly in $ETH and $BTC with a small punt in $FXS , it dipped a lot because of $LUNA panic irrational contagion.
Some signs of a relief bounce.
Deploying our last fiat, staying mostly in $ETH and $BTC with a small punt in $FXS , it dipped a lot because of $LUNA panic irrational contagion.
2|4
Right now I’m bullish on $LUNA despite the price action because I know what’s being built.
1 . Let me introduce 3pool & 4pool
4pool marks a major collaboration between 2 stablecoins projects $UST and $FXS, so it surely has a lot of impact on the market.
2 . The reason to release 4pools
CurveFinance is the largest DEX in DeFi accounting for more than $20B in TVL, which makes it essential for those who aim for the DeFi stablecoin space thanks to having such substantial liquidity.
3 . The Impact that 4pool will have on other stablecoins
$FXS and $UST join hands to create a new force in the market, which will increase the share of both in the Stablecoin market. As a result, the market share of other stablecoins will shrink.
red stock markets today, don’t you think it will drag down btc with it?
started a small position $FXS with our $NEAR profits; lunarcrush and twitter indicators are beeping green. Getting a lot of traction and similar pattern as LUNA-UST.
Today’s Update:
1|2
A bit earlier than usual
Starting with some good news
Yesterday was announced that
The Curve Wars will lunch $UST adoption and after that $UST will about to skyrocket, and with it the value of your $LUNA
Here's why and how in short explanation:
Frax, Terra, Redacted Cartel, Olympus DAO, and possibly other mass holders of $CVX tokens will bring a flood of liquidity into the 4Pool.
This also leads to 4Pool having the highest APY on Curve.
This means:
More LPs will rush to drop their stables into the 4Pool to earn that juicy APY.
In other words - more liquidity.
All this leads to higher $UST adoption and usage.
The 4Pool could be the springboard that launches $LUNA value to the moon.
Here's why:
As more people rush to provide $UST into the 4Pool and earn a high APY...
Terra will have to eventually increase $UST's supply.
Changing to Active Structure - Hedge Function 2 & 3 is now activated
This structure change will be automatically executed on the client's Bitcoin Crypto Assets DAA accounts.
CHANGE
Removing: $LUNA $DOT $MATIC $AVAX $ATOM $EOS $MANA $SAND $FTT $XLM $FET $ALGO $FTM $QNT
Active: $BTC $ETH $ADA $LINK $RUNE $AAVE $BNB $SOL $CAKE $WNXM $FXS $MINA $NEAR
Changing to Active Structure - Hedge Function 2 & 3 is now activated
This structure change will be automatically executed on the client's Bitcoin Crypto Assets DAA accounts.
CHANGE
Removing: $CRO
Adding: $AVAX $BNB $ATOM $EOS $LUNA $UNI $DOT
Active: $BTC $ETH $ADA $LINK $RUNE $AAVE $MATIC $SOL $CAKE $CRO $MANA $SAND $FTT $XLM $WNXM $EGLD $FET $FXS $MINA $NEAR $QNT
Changing to Active Structure - Hedge Function 2 & 3 is now activated
This structure change will be automatically executed on the client's Bitcoin Crypto Assets DAA accounts.
CHANGE
Active: $BTC $ETH $ADA $LINK $RUNE $AAVE $MATIC $SOL $CAKE $CRO $MANA $SAND $FTT $XLM $WNXM $EGLD $FET $ALGO $FTM $FXS $MINA $NEAR $QNT
We add back $LUNA to our portfolio… But still with a lower weight compared to 2 weeks ago. ✅ We sold $FXS instead.
With a few changes coming to the Anchor protocol (max 80% LTV, new collateral assets around the corner because of V2) we believe biggest fear is over and the Terra ecosystem and its stablecoin UST can grow further while Anchor will be more sustainable… 👍🏼
@babawoods all this is a speculation. You cannot predict stock market neither how BTC will react to it.