Kolibri is the game changing moment for Tezos and DeFi Reviews

 Alright, I really tried Kolibri, and all of an immediate DeFi clicks for me, and soon, I can't stop imagining the unlimited opportunities of it.


Initially, the entire existence is soft as butter with Thanos wallet. I quickly set up an oven and minted kUSD with merely some clicks when I practiced that kUSD to get more Tezos while my Tezos in the stove are baking!


Grant me a copy that your Tezos will remain to earn baking rewards while you borrow upon it. That is an independent game-changing characteristic that I can't show how marvelous it is.


I'm watching ahead in the prospect of borrowing kUSD for other gains while my Tezos are secured in an oven baking.


kUSD should be on each DEX and CEX because no other stable coin allows the very ability that Tezos does. I'm also looking forward to Bender Labs Bridge, which should start the great migration from Ethereum to Tezos.



Precisely! Kolibri is a game-changer due to its capacity to allow for trustless baking while giving collateral. This is even possible because of two crucial design decisions that Tezos performed at the protocol level (1) no lockup period and (2) LPOS, which allows for self custody while delegating. These forward-thinking giga-chad decisions were made years ago. Soon they are giving HUGE returns as Tezos is the only blockchain with trustless collateralized baking (among other things that Tezos is the only blockchain with). Insert mind blown gif here




Charming beginning today, I was messing around with Kolibri trying to explain the significance of collateralized debt places (CDPs) and this defi utilization.


I set it in the context of economic derivatives or expressly collateralized debt obligations (CDO's). Liquidity!


This application is a significant step forward in using the Tezos blockchain to transform our current economic system.


Bravo Tezos!!!!!



Yup. We need more liquidity with kUSD, and this will take off. Right now, it's nearly a no-brainer to take out a small loan and get more XTZ to add/stake. At ~18% collateralization, the liquidation price is $0.64. The single thing preventing me from making it on my whole stack at the moment is the exchange rate for kUSD -> XTZ is far too long on Atomex proper soon.


Let's say I'm getting success of this Bitcoin drop to accumulate as complete XTZ at advantageous prices as I can...



It is not going to pass. Tezos needs to build its things and continue innovating as it is taking. Though I start Bender Labs is spending lots of potential with this plan. Ethereum is like NYC; yeah, it is high bc that's where the work is. Tezos is similar to the country, yeah it is more affordable, but no one needs to go there even with a fancy new bridge —bc it's the government. The way that Tezos displays a champion is by converting a city. You do that by developing native apps that probably have functionality not seen anyplace else, like Kolibri with collateralized baking. The dapps we will understand utilize smart private contracts, and the most protocol level dex we will consult with liquidity baking and so on. That's the kind of stuff that will become Tezos into a metropolis!





NFTs on Ethereum good from the possessed wealth and liquidity of the Ethereum populace. If you are an artist, you market your art in NYC, not the country. Tezos will have to take the hard work and make its NFT ecosystem of the area up. But I am confident that it will. And yes, Tezos going into Opensea is an excellent knowledge.

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