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Gregory Landua (🌳,🌳,🌳)
@gregory_landua
All of this is true(ish). But in addition to missing the fact that the hub can add shared security, and cosmwasm, this analysis missed the fact that atom is the most liquid, distributed and fiat on off ramp enabled crypto asset in cosmos. This value can’t be over stated.
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Larry Engineer | Medellín Sep 26-28 🇨🇴
@larry0x
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.@CosmWasm is probably a bearish thing for Cosmos Hub the Hub's killer feature is to bootstrap new zones using shared security w/ CW, devs can simply build smart contracts on chains like Terra and be secured by Luna, which has a bigger market cap (ie higher security) than Atom twitter.com/larry0x/status…
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Eric Lutzen
@Eric20Token
Replying to
@stablekwon
and
@gregory_landua
Currently this is the easiest low fee way to get USD to $UST and vice versa
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Eric Lutzen
@Eric20Token
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Replying to @cajum1990
I normally do @wormholecrypto bridge $UST to @solana. Then use @Saber_HQ to swap $UST to $USDC (you normally end up with more $USDC than $UST). Then you can deposit $USDC to @FTX_Official and swap 1:1 for dollars. The same route works in the opposite direction too!