1/5 stJUNO deposit cap on @Umee_CrossChain is maxed out.
28 Aug 2023, 15:11
1/5 stJUNO deposit cap on @Umee_CrossChain is maxed out! 😲
But in order to safely raise the cap, more liquidity is needed in the stJUNO/JUNO @OsmosisZone pool.
Should the @JunoNetwork community deploy more liquidity to the pool?
👉
Let's discuss 🧵
Same news in other sources
228 Aug 2023, 15:11
5/5 If something’s working - do more of it. That’s the idea here.
Deploying community pool funds would enable the stJUNO cap on Umee to be safely increased - and no JUNO has to be spent.
Check out the full proposal here:
👉
5/5 If something's working - do more of it. That's the idea here.
5/5 If something’s working - do more of it. That’s the idea here.
Deploying community pool funds would enable the stJUNO cap on Umee to be safely increased - and no JUNO has to be spent.
Check out the full proposal here:
👉 https://t.co/JTQRBF4zEA
28 Aug 2023, 15:11
4/5 stJUNO clearly has organic demand and product-market-fit.
Out of ~3M JUNO deposited with Stride, only 0.5M is POL from the community pool. The rest belongs to real users.
People clearly love liquid staking their JUNO!
Chart shows increase of JUNO deposited with Stride:
4/5 stJUNO clearly has organic demand and product-market-fit. Out of ~3M JUNO deposited with Stride, only 0.
4/5 stJUNO clearly has organic demand and product-market-fit.
Out of ~3M JUNO deposited with Stride, only 0.5M is POL from the community pool. The rest belongs to real users.
People clearly love liquid staking their JUNO!
Chart shows increase of JUNO deposited with Stride: