Stablecoin market cap today is at $304b but... USD dominates this, take it out and we're not even at $1b. Take Euros out too and we're at $75m, TOTAL market cap for stablecoins. Where is the onchain forex market?

On the topic of investor refunds, I actually think it's a great idea at times - Investors have better protection on their investments, in a time where crypto has been borderline uninvestible especially in alt markets. - Protocols can raise more since there are buyer protection mechanics - Funds can be utilised better within onchain DeFi which helps drive onchain activity, volumes, TVL and fees for other protocols - Teams often work harder because that capital isn't guaranteed anymore We've seen this with some protocols already: 1. @flyingtulip_ Raised capital is used within DeFi - earns yield which can be used for buying back tokens/operational costs Investors can burn tokens for a full refund 2. @MetaDAOProject Token holders can create proposals to get capital back from underperforming teams Personally, I like these new token models.

Monad Mainnet is Live In this video we cover all the available DeFi opportunities that exist on @Monad today including LSTs, Money Markets, Yield Vaults and more!