RE: Investing Like a Degen, Using Tomb Forks!

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LUNA is a good one, as the Mint & Burn method has clearly gained widespread acceptance as a stablecoin backing method. Even just 1 year ago, people thought that only fiat-backed stablecoins had a future. But we see now with all these frozen accounts etc, that fiat backed stablecoins are in fact a HUGE risk...I mean what do we do if the money backing the stablecoins suddenly gets seized one day by the thieves running the government? One call to the bank can cause billions of dollars in losses...but not to mint & burn stablecoins like LUNA's UST or Haven's xUSD!

But yes, the LUNA ecosystem I think will keep growing. Osmosis is also part of the Cosmos family just like LUNA, so their awesome yields are also a possibility, that is what i have been eyeing myself, we will see , ha ha. OSMO does have a kinda cool promo at the moment though where the fees are literally free right now as long as you dont choose the high priority fee option, so thats pretty sweet, and basically equates to a slightly higher APY%, since you can now afford to compound eevry single day with the free transactions, whereas I usually wait and only claim rewards+compound like once every week or two depending on the investment amount elsewhere due to fees.

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The full adoption of Luna to make it soar in value. Burning it doesn’t just make ust it can create other currencies too. So the ecosystem can adopt to new world order or maybe it becomes the new order?

Osmosis I have grown to love and I indeed reinvest my dividends daily. The swap fees is the only price we have to pay but everything else is free. Technically I can stake the daily osmo and avoid swaps altogether. I really don’t hear others praising osmo like you and I. I been around multiple chains and dread the fees for restaking rewards. Even the one time fees from auto compound sites like beefy takes a fee in withdraws. Those fees add up..

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Yes good point, UST is the reserve currency on the Terra synthetic assets side, so there will also be demand for LUNA >UST in order to mint any of the other local currencies as well.

Yes, thats right, the fees to claim rewards and then again another fee to restake them adds up, and in fact makes the APR % listed higher than the actual rate, since most of us dont end up compounding every day due to fees. OSMO eliminating that concern does add a lot of value. I have heard that OSMO's $0 fee tier is only temporary though, so eventually we will have to pay fees again. But hey, in the meantime, get all the value that you can! ;)

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