Silk
@Silk_Stable
The first (and only) stable asset empowering you resist inflation with privacy Explained in 30 sec ➡️ https://youtu.be/qjp9rlXNcaQ Powered by @Shade_Protocol
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The future of stability has been upgraded. Sorry you missed the memo. Sending a new memo now... Study $SILK
Game respect game 🤝 Major props to @payy_link for creating such a beautiful app and payments experience. Go team privacy! For anyone looking for a private (and inflation-resisting) stablecoin that you can play with in DeFi - study $SILK!
introducing payy card — spend stablecoins privately 🤫 • undoxxable non-custodial card using ZK for privacy • physical card with light-up logo (limited quantity) • easy setup and deposit USDC/crypto • soon: spend-to-earn points program
How it started: "Let's build a stablecoin that resists inflation." How it's going:
Silk can adapt it's peg composition to preserve stable value in any macro scenario. USD hyperinflation? Silk wins. Bitcoin becomes the global currency? Silk wins. Current macro scenario? [checks price chart]... Silk wins. Silk is antifragile stability.
![Silk_Stable's tweet image. Silk can adapt it's peg composition to preserve stable value in any macro scenario.
USD hyperinflation? Silk wins.
Bitcoin becomes the global currency? Silk wins.
Current macro scenario? [checks price chart]... Silk wins.
Silk is antifragile stability.](https://pbs.twimg.com/media/GxRniYJaIAMLPk9.jpg)
Stablecoins will continue to erode your purchasing power until you adopt a better definition of stability.
Who is going to tell him? 🤷♂️
I want a “stablecoin” that: - is not tied to fiat - is not regulated in any way - cannot be frozen or stopped by tyrants - does not require AML KYC to use Why is this too much to ask for? Are we so beaten down that even asking for basic freedom seems extreme now? What a weird…
Someone do something! Build a flatcoin that resists inflation! Hurry!
Stablecoins are great branding! They aren’t stable at all, they are just pegged to an asset that inflates at a rapid pace! Nothing about a stablecoin is actually stable!
You've never seen a stablecoin like $SILK "But--" No, you haven't. Time to catch up friend.
Is $SILK the Jean-Claude Van Damme of stablecoins? And what does that even mean? You decide 🤷♂️ youtu.be/rgEA_m54XFc?fe…
youtube.com
YouTube
The inflation-resisting stablecoin: Silk
USD and USD peg stables have been hollowed out. Like the matrix, the story of the world the dollar presents to us is illusory. Resisting inflation with your stablecoin bag is exiting the matrix.
Need your take. Which one is "stable"? Option #1 - Price stays the same over time. Option #2 - Purchasing power stays the same over time.
A stablecoin that resists inflation, not just volatility. Unlock the stability you deserve. Get $SILK.
Q: "What happens to your stablecoin if USD hyperinflates?" A: "Don't hold stables. BTC only." Q: "What happens if Bitcoin has a bad year?" A: "Never sell" or "Rotate into stables." Q: "Have you considered the critical monetary properties that lie in-between the extremes of…
3 + 17 3% staking doesn't sound amazing even with instant unbond. Until you realize that Silk outperformed USD by 17% last year. If you want 20% real yield on a stablecoin → $SILK
When you see $SILK, you don't forget about it. What a stablecoin can be and should be - never looks the same again. Study Silk.
Don't worry, you can use your wETH as collateral to mint Silk. Go long on $ETH. Use an inflation-resisting stablecoin in DeFi. Some people would say that's savvy. Here's how to buy $SILK via Ethereum + L2s 👇
Last year $SILK outperformed $ETH by 42%. Silk is a stablecoin. Are you ready to learn?
Last year $SILK outperformed $ETH by 42%. Silk is a stablecoin. Are you ready to learn?
Because Silk's peg value includes a dose of $BTC and gold - federal faith is not required. Your stablecoin bag doesn't have to bleed value. Maybe its time for a new one. You can load up with the button 👇
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