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THREAD on why $12M MC $DEUS ( @DeusDao) (1) bonding curve (2) secondary reinsurance/collateralization layer $DEA (3) transitory in-house oracle (4) long/short AMM make it a big $MIR ( @mirror_protocol) competitor as DeFi @RobinhoodApp to trade #SyntheticAssets

(2/6) Similar to $NXM insurance pool, $ETH contributed to $DEUS bonding curve goes into a #collateralization pool for #dAssets minting! (instead of insurance)

Each #dAsset traded on @DeusDao will push $DEUS price up the bonding curve! (Similar to $NXM cover premium)

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@mirror_protocol individual-based minting is limiting its mAssets liquidity.

@DeusDao pool-based minting solves this by coupling $DEUS price directly with platform adoption & TVL:

$DEUS > $ETH pool > #dAssets minting capacity > #dAssets liquidity > TVL

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$DEA is the second reinsurance/collateralization token to make sure the protocol is always overcollateralized.

Again, this will boost minting capacity, liquidity, & TVL

I expect $DEA MC to be 1/5 $DEUS MC once market price discovery finishes its thing in coming months.

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@DeusDao in-house oracles enable the protocol to list hundreds of #dAssets, while waiting @chainlink oracles to go live.

This makes @DeusDao very scalable at the early stage of its progressive decentralization. https://twitter.com/deusdao/status/1354116640833740801

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The coolest feature is you can use its @Uniswap-like AMM to long/short a $dAsset!

You can even trade Futures (IOUs), e.g. @coinbase, @Bakkt futures!!

For more info, visit https://wiki.deus.finance/docs/  https://twitter.com/deusdao/status/1344018887990509572

Tagging for visibility: @TheCryptoDog @CryptosBatman @ChainLinkGod @QwQiao @redphonecrypto @cz_binance @JayHao8 @HuobiGlobal @DegenSpartan @BoxminingNews @DeFiGod1 @Rewkang @DeFi_Dad @AlexSaundersAU @YanLiberman @tehMoonwalkeR @Arthur_0x @cryptomanran @Brad_Laurie @mattysino