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ACROSS THE CHAINS: The Best Stablecoins in DeFi and Why Others Have Failed

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July 10, 2023 7:14pm

1h 12m

Welcome to Across The Chains! I'm your host, Mark Jeffrey, and will be joined by the great Blockbytes Host, Corval, as well as Justin Bebis, CEO of the Byte Masons which developed Ethos Reserve. We will be discussing the attempts at establishing stablecoin dominance in the space between USDC, USDT, DAI, MIM, UST (LUNA), LUSD, crvUSD, as well as $ERN of Ethos Reserve. Ethos Reserve is special because it can deploy its underlying assets to DeFi yield strategies, as well as manage their risk and liquidity block-by-block. Ethos Reserve Medium Article By Justin Bebis: https://medium.com/byte-masons/introd... ------- Is Rainmaker the Best Defi Wallet? In this video, we dive into what sets Rainmaker apart and why they’re calling themselves the “Robinhood for DeFi.” If you're seeking investment opportunities in the DeFi space, Rainmaker has got you covered. The app has an easy 1 click access to over 30 investment strategies on Ethereum, Arbitrum, Avax, and more on the way. With Rainmaker Wallet, say goodbye to crazy gas fees when swapping crypto. Thanks to its use of account abstraction, Rainmaker eliminates the need for gas fees, seed phrases, and offers one click access to all your favorite DeFi protocols. Visit https://rainmaker.nyc and use code Blockbytes to start using Rainmaker today. -------- Today's show would not be possible without our wonderful sponsor, Shimmer Network. Shimmer is a DAG based feeless Layer 1 network that is fast and highly scalable. You can learn more by visiting shimmer.network. TIMESTAMPS: Welcome To Across The Chains! The Current Stablecoin Ecosystem What is the Stablecoin Trilemma? Origin of Stablecoins VS Origin of Bitcoin Stablecoins Need A Great App $DAI | Maker $MIM | Abracadabra The Failure of LUNA | $UST Stablecoin Market Dominance What is Beanstalk? $BEAN Assessing New Companies and Projects $LUSD | Liquity Protocol $ERN | Ethos Reserve From Justin Bebis Thank You For Tuning In! ---- Nothing you read/see on Blockbytes YouTube or blockbytes