What problems did you resolve this week? 🧐

Patrick Rooney
Coinmonks
1 min readNov 26, 2022

--

Did you announce any big advances? πŸ€”

It’s been a big week for #DeFi. Tell me what you did in the space.

Did you produce a solution for safely adding lower liquidity assets to your crypto borrow/lend protocol? πŸ› οΈ

Did you save clicks and reduce fees with a big jump in user experience by integrating a DEX? (Hello @PancakeSwap) πŸ‘πŸ‘πŸ‘

Did you produce a way to resolve potential single price point failure and increasing your decentralization by adding price feed redundancy? πŸ‘·β€β™‚οΈ

Did you announce a Soulbound Token (SBT) to reward loyal users with boosted yields and better borrowing rates? 🎁

Did you throw a bone to institutional funds by offering stable rate borrowing? 🦴

Did you provide a solution to lock your algorithmic stablecoin to its peg? πŸ”

These are just some of the upgrades announced at @VenusProtocol this past week.

Read more about our V4 Upgrade here: https://mirror.xyz/0x883E2FaE2099313a6d31F3D3D6101c0E0dA8f66a/pA7cqEiOmEl0g7nDbD0gSLwqjC4Ue4KYct8F623gqR4

New to trading? Try crypto trading bots or copy trading

--

--

Patrick Rooney
Coinmonks

Husband, father, futures trader > defi marketer. Fan of #cryptoderivatives. Butler Bulldog.