Is Splinterlands' Economy Sustainable , Unleashing Nigeria's Economic Potential, African's Increasing Rate of Borrowing, African's Increasing Rate of Borrowing & PYUSD - Turning Decentralized into Centralized?>>> Leofinance Curation

in LeoFinance9 months ago

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@HODLCommunity presents to you the 287th LeoFinance Curation Post

We feel very excited as we think we will address one of the most important issues on the leofinance.io platform: Curation.

We truly hope, big stakeholders will support this initiative in order to spread rewards to some amazing writers.

Our goal is to support content creators and generate qualitative interactions between LeoFinance users.

We will set a 5% beneficiary for every author selected in this curation report.

So Lions 🐯, let's roll !

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Is Splinterlands' Economy Sustainable without a Stream of New Players? by @luizeba

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Let's talk about the economics of Splinterlands. More especifically, about the sustainability of the game's economy, a crucial aspect that directly affects both the player experience and the long-term profitability and viability of the game.
But first, let's talk about EVE Online. Eve is sci-fi MMORPG that's renowned for its remarkably sustainable economy. I've already talked about EVE several times here on Hive, always using it as a paradigm of a good, healthy game economy.

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Unleashing Nigeria's Economic Potential: The Game-Changing Influence of Hive Backed Dollar (HBD) by @robotxmania

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In a rapidly changing financial landscape, the world is witnessing the emergence of innovative technologies that have the potential to reshape economies. Hive Backed Dollar (HBD), a cryptocurrency tied to the Hive blockchain, stands out as one such innovation. This article explores how the adoption of HBD could influence Nigeria's economy, offering new opportunities and challenges in the process.

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African's Increasing Rate of Borrowing, a Solution of Web3. by @davchi2

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Consequent to the observation above, Africa as a continent has currently absorbed over 50% of people living below $1.9 per day which are people living in abject poverty globally. This is also according to data provided by statista
Nonetheless, given this increasing rate of population and the conglomeration of depleting standard of living in the continent of Africa, the countries in this jurisdiction have been forced to go in for borrowing to complement their domestic budgets and related financial and social upheavals.

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What is Cosmos Money Market? Umee by @dexpartacus

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This video provides an overview of Cosmos, a blockchain ecosystem that leverages the Cosmos SDK, smart contracts, and the IBC protocol to create decentralized and interoperable blockchains. Umee is a Money Market Hub within Cosmos that enables cross-chain lending and borrowing of over 20 assets. By communicating with different blockchains through IBC, it allows users to access diverse financial solutions and exposure to various chains via a single platform. Ume is open and permissionless, welcoming builders and facilitating interactions between different blockchains. With transparency, decentralization, and a user-friendly interface, it aims to deliver a fast and secure DeFi experience. Its success has made it a prominent Cosmos money market platform.

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PYUSD - Turning Decentralized into Centralized by @esmeesmith

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If you are reading this today, you must have heard of the news that Paypal came up with the stable coin. And it was coming. Not just in terms of the competition but also in terms of the fight against decentralized communities. We all know SEC is forcing everyone to reveal the faces.
In short, more and more people are afraid of the decentralized systems as people who scam are using it for their own favor. And that has costed them some level of loss. All the possible exchanges and the tokens would be going the centralized route.
So what are the implications of Paypal stablecoin?

This post is created by @readthisplease to curate quality content on LeoFinance.

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