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Boop.Fun leading the way with a new launchpad on Solana.
Coincidentally, the $CVGT mentioned by Liang Xi was in the list I focused on, and I only learned about it for the first time before I saw Ni Dahe and the painter's splendidly researched thousand characters
In simple terms, $CVGT @convergent_so is Solana's native decentralized stablecoin USV
The basic mechanism is not complicated, but it is deeply in line with the Solana ecosystem:
- Users stake SOL
→ Staked as JitoSOL (via JTO)
→ Mint USV (0 interest rate lending)
→ Used in DeFi (e.g. trading, LP) and compound interest (staking yield + MVE yield + additional yield)
The stablecoin narrative, which is very Solana-native, also effectively solves some of Solana's existing problems:
- Bond JTO (SOL's maximum LST, worth 3.2 billion) to obtain liquidity
- Support for PYTH oracles to ensure stable DeFi operation
- Addresses the risk-free return issue for SOL holders
Coupled with a number of big V platforms, it should perform well, and of course I have already set up a bottom position and speak up for my bag
$CVGT
B7zNKphr8fjczB71oi9uF9pCd5XSNJvBn78TVF7kpump
#StableCoin
22.7. klo 20.18
I really regret it, the bottom is buying the bottom, I haven't done anything in the past few months, and I've been holding tens of millions of dollars 😅 in spot, the more I think about it, the more angry I become, I heard from my friend that I bought the project CVGT on SOL, I plan to take two months to see if it can skyrocket, I have missed too much in the past few months, but if I hold the spot for a few months, I don't have to sell the house, you can support me, help me pull the market down thank you, I have lost a lot recently, I have spare money to buy some, let me earn it 🫠
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