⚡Dynamo DeFi Pro - Week Ending 04/27/24

On-chain insights and DeFi strategies

Premium Dynamo DeFi subscribers receive a weekly Dynamo DeFi Pro newsletter, where I share:

1. My current thoughts on the market

2. Trending protocols and chains from on-chain data

3. Current DeFi strategies that I’m using

Other benefits of Dynamo DeFi Pro include:

• Access to a Discord community

• A monthly group Zoom call

• Long form research articles

• Guided research videos

💡Dynamo’s Thoughts

Stablecoin Adoption Takes Hold

Stablecoins are the second killer app of crypto (Bitcoin being the first).

Unlike many crypto applications that solve the problem of helping crypto traders speculate more effectively, stablecoins offer a value proposition that is useful today to billions of people around the world: cheap, instant, cross-border transfers of US Dollars. Even better, this on-chain money is programmable, opening up a wide range of future financial applications.