Extra long pool floats

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THE SNAKE MYTH
A Hopi Legend
​
At Tokóonavi, north of the Grand Canyon, lived people who were then not yet Snake people.
They lived close to the bank of the river.
The chief's son often pondered over the Grand Canyon and wondered where all that water went to.
"That must certainly make it very full somewhere," he thought to himself.
So he spoke to his father about it.
''So that is what you have been thinking about," the latter said. "Yes," his son answered, "I want to go and examine it."
The father gave his consent and told his son that he should make a box for himself that would be large enough for him to get into, and he should arrange it so that all openings in the box could be closed.
This the boy did, making also a long pole (according to others a long báho), with which he could push the box in case it became fast or tangled up anywhere.
When he was ready he took a lot of báhos and some food, went into the box, and allowed himself to be pushed into the water, on which he then floated along.
Finally he came to the ocean, where he drifted against an island.
He found the house of Spider Woman (Kóhk'ang Wuhti) here, who called him to come to her house.
He went over and found that he could not get through the opening leading to her house.
"How shall I get in?" he said; "the opening is too small."
She told him to enlarge it.
This he did and then entered.
He told her a story and gave her a báho, and said that he had come after beads, etc.
She pointed to another kiva away out in the water and said that there were some beads and corals there. but that there were some wild animals guarding the path to it.
"If you had not informed me, how could you have succeeded in getting there and how would you have gotten back?
But I shall go with you," she said, "because you have given me a báho, for which I am very glad."
She then gave the young man some medicine and seated herself behind his right ear.
He spurted the medicine over the water and immediately a road like a rainbow was formed from the dwelling of Spider Woman to the other kiva.
On this they went across the water.
As they approached the kiva to which they were going they first encountered a panther, who growled fiercely.
The young man gave him a green báho and spurted some medicine upon him, which quieted him.
A little farther on they met a bear, whom they quieted in the same manner.
Still farther on they came upon a wildcat, to which they also handed a báho, which quieted the animal.
Hereupon they met a gray wolf, and finally a very large rattle-snake (K'áhtoya), both of which they appeased in the same manner as the others.
They then arrived at the kiva, where they found at the entrance a bow standard (Aoát nátsi).
They then descended the ladder and found in the kiva many people who were dressed in blue kilts, had their faces painted with specular iron (yaláhaii), and around their necks they wore many beads.
The young man sat down near the fireplace, Spider Woman still being seated on his ear, but no one spoke.
The men looked at him, but remained silent.
Presently the chief got a large bag of tobacco and a large pipe.
He filled the latter and smoked four times.
He then handed the pipe to the young man and said: "Smoke and swallow the smoke."
The swallowing of the smoke was a test: any one not being able to do that was driven off.
Spider Woman had informed the young man about this test, so he was posted.
When he commenced to smoke she whispered to him: "Put me behind you."
This he did in an unobserved manner, so when he swallowed the smoke she immediately drew the smoke from him and blew it away, and hence he did not get dizzy.
The men who did not observe the trick were pleased and said to him:
''All right, you are strong; you are certainly some one.
Thank you.
Your heart is good: you are one of us; you are our child." "Yes." he said, and handed them some red nakwákwosis and a single green báho with red points, such as are still made in Shupaúlavi in the Antelope society.
They then became very friendly, saving that the were very happy over the báhos.
On the walls of the kiva were hanging many costumes made of snake skins.
Soon the chief said to the people:
"Let us dress up now," and turning to the young man bid him to turn away so that he would not see what was going on.
He did so, and when he looked back again the men had all dressed up in the snake costumes and had turned into snakes, large and small, bull- snakes, racers, and rattle-snakes, that were moving about on the floor hissing, rattling, etc.
While he had turned away and the snake People had been dressing themselves, Spider Woman had whispered to him that they were now going to try him very hard, but that he should not be afraid to touch the snakes; and she gave him many instructions.
Among those present in the kiva had also been some pretty maidens who had also put on snake costumes and had turned into serpents.
One of them had been particularly handsome.
The chief had not turned into a snake, and was sitting near the fireplace.
He now turned to the young man and said to him:
"You go now and select and take one of these snakes."
The snakes seemed to be very angry and the young man got frightened when they stared at him, but Spider Woman whispered to him not to be a coward, nor to be afraid.
The prettiest maiden had turned into a large yellow rattle-snake (Sik'á-tcua), and was especially angry.
Spider Woman whispered to the young man, that the one that acted so very angrily was the pretty maiden and that he should try to take that one.
He tried, but the snake was very wild and fierce.
"Be not afraid," Spider Woman whispered, and handed him some medicine.
This he secretly chewed and spurted a small quantity of it on the fierce snake, whereupon it immediately became docile.
He at once grabbed it, held and stroked it four times upward, each time spurting a little medicine on it, and thus freeing it from its anger.
The chief was astonished and said: "You are very something, thanks.
Now, look away again." He did so and when he turned back he saw that all the snakes had assumed the forms of men and women again, including the maiden that he had captured. They now were all very good to him, and talked to him in the kindest manner, because they now considered him as initiated and as one of them.
He was now welcome, and the chief invited him to eat.
The mána whom the young man had taken got from another room in the kiva some bread made of fresh corn-meal, some peaches, melons, etc., and set this food before the young man.
Spider Woman whispered to the young -man to give her something to eat too, which he did secretly.
She enjoyed the food very much and was very happy.
Now the chief asked the man why he came, etc.
"I hunt a lólomat kátcit (good life) and was thinking about the water running this way, and so this way it runs.
I have come also to get Hopi food from here.
I also heard that there lives a woman here somewhere, the Hurúing Wuhti, from whom I want beads."
"What have you for her?" they asked.
"These báhos," he said. "All right, you will get there.
But now you sleep here."
But Spider Woman wanted to get back.
He told them that he wanted to go out a little while.
Then he went and took Spider Woman home, and put her down.
She invited him to come and eat with her.
She had a pövö'lpik'i off which she lived and which never gave out, but he left her and returned to the Snake kiva, where he was welcomed and called brother and son-in-law (möö'nangwuu), although he had not yet married, but only caught the mána.
So he remained there.
That evening and night the chief told him all about the Snake cult, altar, etc., etc., and instructed him how he must put this up, and do that, when he would return.
He did not sleep that night.
In the morning he again went out on the same excuse as the previous evening, and went to Spider Woman, who went out. She made a rainbow road into the ocean to a high bluff where Hurúing Wuhti lived, and to which they ascended on a ladder. They went in and found an old hag, but on all the walls many beads, shells, etc.
The woman said nothing.
The young man gave her the báhos, then she, said faintly, "Áskwali!" (Thanks!)
At sundown she went into a side chamber and returned a very pretty maiden with fine buffalo and wildcat robes, of which she made a bed, and after having fed him, invited him to sleep with her on the bed.
Then Spider Woman ,whispered he should comply with her request, then he would win her favor and get the beads.
So he did as requested.
In the morning he awoke and found by his side an old hag, snoring.
He was very unhappy,
He stayed all day, the hag sitting bent up all day.
In the evening the change, etc., that occurred on the previous day was repeated, but the hag after this remained a pretty maiden.
He remained four days and nights with Hurúing Wuhti, who is the deity of the hard substances.
After four days he wanted to go home, so she went into a room on the north side and got a turquoise bead; then from a room west the same: from a room South a reddish bead (cátsni); from one east, a hard white bead (hurúingwa), a shell.
Then she gave him a few of all kinds of beads and told him to go home now, but charging him not to open the sack, because if he did they would be gone, and if he did not they would increase.
"You go to the Snakes, who will give you clothes, food, etc."
He then returned to the Snake kiva.
There he staved four days and four nights, sleeping with his wife.
When he was ready to go home the chief said: "Take this mána with you.
You have won us.
Take it all with you, take of our food.
Practice the ceremonies there that I told you about.
This woman will bear you children and then you will be many and they will hold this ceremony for you."
So they started.
At Spider Woman's house he told his wife, ''You stay here.
I will go to the rear."
So he went to Spider Woman's house and she asked:
''Well, did you get the mána?" "Yes," he said. "Well, you take everything along."
But she forbid him to touch his wife while they would be on the way, as then his beads would disappear and also his wife.
So they started.
The beads were as yet not heavy.
During the night they slept separately.
In the morning they found that the beads had increased, and they kept increasing as they went along the next day.
The next night they spent in the same way.
They were anxious to see whether the beads and shells had increased, but did not dare to do so.
The third night was again spent, and the contents of the bag increased the same as the previous two nights.
The bag with the beads and shells now became very heavy and the young man was very anxious to see them, but his wife forbade him to open the sack.
The fourth night was spent in the same manner, and when they arose in the morning the sack was nearly full and was very heavy.
Spider Woman had also put some strings into the bag with the beads, and the beads were strung onto these strings a,; they kept increasing.
They now approached the home of the young man, and the latter was very anxious to get home in order to see the contents, of the sack, so they traveled on.
When they had nearly one more day's travel to make the sack had become full.
During the last night the man opened the sack, although his wife remonstrated most energetically.
He took out many of the finest beads and shells and spread them on the floor before them, put them around his neck, and was very happy.
So they retired for the night.
In the morning they found that all the beads except those which Hurúing Wuhti had given to the man had disappeared. Hence the Hopi have so few beads at the present day.
If that man had at that time brought home with him all the beads which he had, they would have many.
So when they arrived at home they were very despondent.
At that time only the Divided or Separated Spring (Bátki) clan and the Pö'na (a certain cactus) clan lived at that place, but with the arrival of this young couple a new clan, the Snake clan, had come to the village.
Soon this new woman bore many children.
They were snakes who lived in the fields and in the sand. They grew very rapidly and went about and played with the Hopi children, whom they sometimes bit.
This made the Hopi very angry and they said:
"This is not good," and drove them off, so they were very unhappy.
The woman said to her husband:
"You take our children back to my home and there we shall go away from here alone."
Then the man's father made báhos, gave them to his son, who put all the snakes with the báhos into his blanket and took them back to his wife's home, and there told the Snake people why he brought their children and the báhos.
They said it was all right.
Hence the Snake priests, when carrying away the snakes from the plaza after the snake dance, take with them and deposit with the snakes some báhos, so that they should not themselves return to the village.
When the Snake man returned to his village lit and his wife traveled south- eastward, stopping at various places.
All at once they saw smoke in the distance, and when they went there they found a village perched son the mesa.
This was the village of Wálpi.
They at once went to the foot of the mesa on which Wálpi was situated and announced their presence.
So the village chief went down to them from the mesa, and asked what they wanted.
They asked to be admitted to the village, promising that they would assist the people in the ceremonies.
The chief at first showed himself unwilling to admit then), but finally gave his consent and took them up to the village.
From that time the woman bore human children instead of little snakes.
These children and their descendants became the Snake clan, of whom only very few are now living.
Soon also the Bátki and Pö'na clan came to Wálpi and found admittance to the village.
At Wálpi the Snake people made the first Snake típoni, Snake altar, etc., and had the first Snake ceremony.
From here the Snake cult spread to the other villages, first to Shongópavi, then to Mishóngnovi, and then to Oraíbi.
At the first Snake ceremony the Snake chief sent his nephew to the north, to the west, to the south, and to the east to hunt snakes.
He brought some from each direction,
The chief then hollowed out a piece of báho, made of cottonwood root.
Into this he put the rattles of three of the snakes and the fourth snake entirely.
He then inserted into it a corn-ear, and tied to it different feathers of the eagle, the oriole, blue-bird, parrot, magpie, Ásya, and topóckwa, winding a buckskin String around these feathers.
When he had made this típoni, the first ceremony was celebrated, and afterwards it took place regularly.

With xLaunchpad around the corner and @HatomProtocol being officially the upcoming launch it's time to learn more about it.
A deep dive thread into the project aimed to improve your research before investing.
Let's get into it 👇 🧵
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Hatom Protocol - A Deep Dive Thread
Here's the breakdown of what I'm going to cover in this thread :
🅐. Project Overview
🅑. Hatom Building Blocks
🅒. ESDT
Before we start with this thread, please don't rely only on my thread to do your research.
I've created this so you can have a better understanding of the project, but it's not an endorsement to buy into it.
Always create your own thesis!
​
🅐. 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄
The first question will always be: " What the hell is this project all about?"
@HatomProtocol is an incredible combination of different building blocks that aims to empower #MultiversX ecosystem.
At the base, Hatom is a liquidity protocol.
Two of the most important elements of @HatomProtocol will be the decentralized lending market and liquid staking module.
Those two features aim to radically change the way we are using #MultiversX.
It can be seen as a combination of Lido and Aave.
@HatomProtocol act as a decentralized bank and will offer liquid staking advantages to users on #MultiversX.
It aims to resolve the lack of #DeFi products on this chain and increase the overall liquidity.
It is no surprise that #MultiversX needs a suite of products to ignite the long-awaited DeFi era.
With a place where users can borrow funds and also get liquidity while securing the network, @HatomProtocol seems to have immense potential.
​
Let's delve into its modules 👇
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🅑. 𝗛𝗮𝘁𝗼𝗺 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗕𝗹𝗼𝗰𝗸𝘀
This will be divided into three parts :
1️⃣. Lending Protocol = decentralized lending protocol
2️⃣. Liquid Staking = liquidity for staked $EGLD
3️⃣. Hatom Mush = isolated lending protocol.
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1️⃣. 𝗟𝗲𝗻𝗱𝗶𝗻𝗴 𝗣𝗿𝗼𝘁𝗼𝗰𝗼𝗹
The lending protocol is the first building block of the @HatomProtocol ecosystem.
You can think about this module as a decentralized bank.
How is it working?
https://preview.redd.it/a4xmig35n55b1.png?width=680&format=png&auto=webp&s=8c6566f30af5de6c1b9f0d426a36ac00b4427dd8
he lending protocol relies on two parties to work :
➡ Lender = provides liquidity by supplying tokens to a pool of assets;
➡ Borrower =borrow liquidity by taking these tokens from that same pool.
Why would someone supply its tokens to the lending protocol?
This process works exactly line in the real life with the banks.
A bank customer will deposit money into a saving account that is paying a certain APR.
The bank then uses the funds to accrue a higher return on that sum than what they are paying to the customer.
With @HatomProtocol, the lender will receive rewards from the borrowers.
The APR is not fixed and it all depends on the utilization rate of the funds.
It's an easy process to gain more rewards on your crypto bags without providing liquidity and having impermanent loss risk.
On the other hand, a borrower will need to deposit the assets into the lending protocol and activate them as collateral.
Once they do that, the collateral can be used to get a loan, based on a certain loan-to-value which depends on the asset criteria.
Here's an example 👇
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https://preview.redd.it/abn7thv8n55b1.png?width=679&format=png&auto=webp&s=d423f24c216fd6d03409bc91bb4d8653beac6699
I would really encourage you to read the following thread for a better understanding of the lending protocol.
Once you read that, let's continue with the second building block.
[email protected]
https://preview.redd.it/zvyjvsjcn55b1.png?width=510&format=png&auto=webp&s=fbd0b6e35799fe5aad4451ed960ce60edae6d33e
2️⃣. 𝗟𝗶𝗾𝘂𝗶𝗱 𝗦𝘁𝗮𝗸𝗶𝗻𝗴
Proof of stake blockchains relies on stakers to increase the security of the network.
On #MultiversX, network security is achieved by staking $EGLD with one of the validators that are running nodes on the chain.
​
https://preview.redd.it/863ybskln55b1.png?width=1200&format=png&auto=webp&s=be6ac59125dc0b93f6ad6d71785e2238e6fa6173
The main problem of traditional staking is illiquidity.
Once you delegate your tokens to a validator, they are locked up for a certain period of time.
During this time, you cannot sell or trade your tokens, which means your assets are illiquid.
@HatomProtocol aims to resolve this issue by creating the liquid staking module.
Users will be able to stake their $EGLD directly into the dApp and receive a receipt token called $sEGLD ( staked $EGLD ).
$sEGLD is a liquid asset and can be used in other protocols while earning rewards from staking.
In liquid staking, stakers don't receive additional $sEGLD over time.
Instead, the value of their existing $sEGLD increases algorithmically based on the liquid staking APY.
The lending protocol and liquid staking module will work very close together.
The fees earned by the project from the liquid staking will be used to bootstrap organically the money markets of the lending protocol.
There will be no inflation of the HTM token to incentivize users
Liquid staking is the new hot narrative in DeFi and will have a humongous impact on the ecosystem liquidity.
By holding liquid-staked assets, users can use their capital more efficiently.
You can read more about liquid staking here :
[email protected]
https://preview.redd.it/tj24d0wpn55b1.png?width=507&format=png&auto=webp&s=21ab3e00cf26e8b2ca3627ec2e2fd59d0a0e9b63
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3️⃣. 𝗛𝗮𝘁𝗼𝗺 𝗠𝘂𝘀𝗵
Mush will be an isolated lending protocol that will allow whitelisted projects to create their own lending pools, separated from @HatomProtocol ones.
​
https://preview.redd.it/hxbnwdzwn55b1.png?width=1200&format=png&auto=webp&s=3118fbb12d3bb0399ec5c25c3980a898c426d59a
What's interesting about isolated lending pools?
🛡️ Risk Management
In shared lending pools, a single asset's value drop can impact the whole pool. In isolated pools, such a drop only affects that specific pool's participants.
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🛠️ Customization
Each pool can have its own interest rates, collateral requirements, and other parameters, which can be tailored to the specific characteristics of the asset or pair of assets in the pool.
​
🎯 Asset Specificity
Isolated lending pools enable users to lend and borrow less liquid or volatile assets, which might be too risky for shared pools.
​
🔄 Greater Choice for Users
With isolated lending pools, users can choose to participate in the pools that best match their risk tolerance and investment strategy.
They can opt for pools with more stable, well-established assets, or they can choose pools with volatile assets.
@HatomProtocol will generate revenue from the set-up fees of each isolated lending protocol and from a percentage of their revenues.
A portion of the revenues generated will be transferred to the staking module and distributed to $HTM token stakers.
​
🅒. 𝗘𝗦𝗗𝗧
In this part of the thread, I'll be covering all types of tokens you will interact with on @HatomProtocol such as :
1️⃣. HTokens
2️⃣. Liquid Staking Tokens
3️⃣. Hatom USD
4️⃣. Synthetic Tokens
Let's dive straight into it 🤿
​
1️⃣. 𝗛𝗧𝗼𝗸𝗲𝗻𝘀
To put it simply, HTokens are interest-bearing tokens.
This means that these tokens are designed to accrue interest over time, with the interest rate typically correlated to the supply APY from the lending protocol.
​
https://preview.redd.it/ndoqs8hcr55b1.png?width=1200&format=png&auto=webp&s=0326aafb9aa429a7b5b9a1c549ddbe2ded9497c9
Users that choose to deposit their tokens into the lending protocol will receive these HTokens as a receipt.
As an example, if you want to lend $EGLD you will receive $HEGLD.
For $MEX you will receive $HMEX.
And so on.
Let's discuss some of HTokens utilities :
🛡️ 𝗖𝗼𝗹𝗹𝗮𝘁𝗲𝗿𝗮𝗹
Htokens can be used as collateral for borrowing in the lending protocol, thus providing liquidity to the user while they still earn interest on their deposits.
​
🌾 𝗬𝗶𝗲𝗹𝗱 𝗙𝗮𝗿𝗺𝗶𝗻𝗴 𝗮𝗻𝗱 𝗩𝗮𝘂𝗹𝘁 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀
These tokens can be utilized in yield farming strategies or in vaults that automatically employ such strategies.
This can potentially provide users with an additional layer of returns on their holdings.
​
🔄 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗮𝗻𝗱 𝗟𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆
Htokens can be traded on established decentralized exchanges, providing users with liquidity and the opportunity to earn from trading gains.
​
💵 𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻 𝗠𝗶𝗻𝘁𝗶𝗻𝗴
You can also use HTokens to mint algorithmic stablecoins, such as HatomUSD ( $USH ), providing a further utility and potential source of yield for Htoken holders.
​
2️⃣. 𝗟𝗶𝗾𝘂𝗶𝗱 𝗦𝘁𝗮𝗸𝗶𝗻𝗴 𝗧𝗼𝗸𝗲𝗻𝘀
@HatomProtocol will bring to life more derivatives of $EGLD token.
Let's discuss them all and find out what's their role.
​
https://preview.redd.it/br03o6eor55b1.png?width=1200&format=png&auto=webp&s=902e247955b8edf65e21630886dd967b072b6727
➡ $𝘀𝗘𝗚𝗟𝗗
It's a reward-bearing version of $EGLD that is received when staking tokens into the liquid staking module.
The value of $sEGLD accrues interest following the liquid staking APY, which means that $sEGLD equals $EGLD plus the staking rewards accumulated.
In a concept akin to HTokens, the quantity of $sEGLD in the wallet won't increase.
However, the exchange rate will progressively rise in line with the liquid staking rewards that the position accumulates over time.
​
➡ $𝗛𝘀𝗘𝗚𝗟𝗗
This is the token that you will receive when providing $sEGLD to the lending protocol.
This reward-bearing version of $EGLD will not only receive the staking rewards but also the rewards from the lending protocol.
If you are looking to increase the rewards even further, $HsEGLD can be activated as collateral and earn additional rewards.
Must be noted that once it's activated as collateral, it will be sent from your wallet to @HatomProtocol and you can't use it anymore.
​
➡ $𝘅𝗘𝗚𝗟𝗗
Well, here is where the fun stuff begins.
$xEGLD is a leveraged liquid staking position that can earn up to 3 times more rewards than normal staking.
But how is this even possible and what are the risks?
Before I even start talking about it, it's mandatory to say that the @HatomProtocol team managed to create quite a unique concept similar to flashloans, called trusted loans.
These trusted loans offer the possibility to create or break $xEGLD without relying on a third party.
I won't get into the process behind the trusted loans as this probably needs a thread on its own.
​
Let's discover how $xEGLD is actually built to achieve that incredible APY 👇
Everything starts with the user depositing $EGLD to be converted into $xEGLD.
The smart contract is calculating the total position that can be built with that amount.
It then proceeds to take a trusted loan of X $EGLD and then stake it to receive $sEGLD.
The $sEGLD received will then be deposited into the lending protocol, activated as collateral and a loan will be taken against it.
The loan will then be used to pay the trusted loan of X $EGLD that was borrowed to build this position.
In essence, $xEGLD is a looped version of $sEGLD by depositing $sEGLD, taking a loan of $EGLD, staking it into a staking module, doing this over and over again.
It saves a lot of time, fees, and hassle by automating it.
All the liquid staking tokens will have their own pools on @ash_swap and can be used in other DeFi strategies to increase the yield.
You can also pass the cooldown period by selling your $sEGLD, $HsEGLD, or $xEGLD on DEXes.
Here's another way to by-pass the cooldown period :
[email protected]
https://preview.redd.it/5tkjs6z6u55b1.png?width=521&format=png&auto=webp&s=04dd4e5ae7c31a1d47607ba93ea14c87252515b4
I also talked about liquid staking tokens a few months ago.
You can find the in-depth thread about it here: 👇
[email protected]
https://preview.redd.it/mwnrsmlpv55b1.png?width=495&format=png&auto=webp&s=71ca71f341e559dd9c4623fc843262abc9096632
As you can clearly see, liquid staking tokens will open a gate to new liquidity.
The freedom to use them in other DeFi protocols to earn more yield it's absolutely mind-blowing.
Now let's move further and let's talk about Hatom USD.
​
3️⃣. 𝗛𝗮𝘁𝗼𝗺 𝗨𝗦𝗗 ( $𝗨𝗦𝗛 )
$USH will be the first decentralized over-collateralized stablecoin on #MultiversX.
It will be a native token minted directly on the chain with no bridge involved.
It can be minted with HTokens through isolated lending pools.
​
https://preview.redd.it/gcqjiy6yv55b1.png?width=1200&format=png&auto=webp&s=a96a59801edb4fff9c4dfc647e4bdf75f6c16532
The amount of $USH that you can mint and take as a borrow depends on the value of the collateral you deposited and its loan-to-value factor.
You will still earn interest on the Htokens you provided as collateral as their value accrues over time.
What utilities lie behind $USH?
🚀 𝗕𝗼𝗼𝘁𝘀𝘁𝗿𝗮𝗽 𝗟𝗣𝘀
$USH can significantly bootstrap liquidity providers on the #MultiversX ecosystem.
​
🏁𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗕𝗼𝗿𝗿𝗼𝘄𝗶𝗻𝗴
It adds more competition to the stablecoin borrowing market, potentially leading to better rates and terms for borrowers.
​
🛡️ 𝗖𝗼𝗹𝗹𝗮𝘁𝗲𝗿𝗮𝗹
$USH can be used as collateral to borrow from the lending protocol, providing additional liquidity while earning interest.
​
🌾 𝗬𝗶𝗲𝗹𝗱 𝗙𝗮𝗿𝗺𝗶𝗻𝗴 𝗮𝗻𝗱 𝗩𝗮𝘂𝗹𝘁 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀
$USH can be shaped into structured products to earn more yields.
Lending protocols, farms, and vaults are the go-to places if you want to earn interest using your $USH.
$USH it's designed to be a powerful product of @HatomProtocol.
It will be minted using HTokens activated as collateral into the lending protocol.
$USH will be used in different LPs with the goal to bootstrap the liquidity across the chain.
$USH will come with some interesting features such as staking to receive $sUSH that can be used in different DeFi applications.
As with trusted loans, this is a subject that requires a thread on its own and I will have them as quickly as possible once the overview is done.
As it doesn't rely on any bridges, there are fewer risks associated with it.
The interest accrued from $USH minters will be directed to the @HatomProtocol treasury.
$USH minted by borrowers will be burned when it's sent back and the loan is paid.
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4️⃣. 𝗦𝘆𝗻𝘁𝗵𝗲𝘁𝗶𝗰 𝗧𝗼𝗸𝗲𝗻𝘀
Synthetic tokens are designed to simulate the value of another asset.
They maintain a 1:1 peg with their underlying asset, offering a way for that asset to be used on blockchains where it isn't natively supported.
Synthetic tokens are designed to simulate the value of another asset.
They maintain a 1:1 peg with their underlying asset, offering a way for that asset to be used on blockchains where it isn't natively supported.
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https://preview.redd.it/jcnpefq7x85b1.png?width=1200&format=png&auto=webp&s=46217ec58527e9da3b2410592b5a59c918322874
Synthetic assets are often created by locking up collateral in a smart contract.
Typically, the collateral backing synthetic assets are over-collateralized, meaning its value exceeds that of the synthetic asset.
This surplus is essential for maintaining the asset's value.
On #MultiversX, synthetic tokens are bridged through AdAstra Portal, designed with security at its forefront.
In the future, you will be able to bridge assets such as $ETH, $BTC, $DAI, and many more to #MultiversX, opening the door to other DeFi opportunities.
Why would we need synthetic assets?
🌊𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗟𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆
They have the potential to bring greater liquidity to #MultiversX.
💰 𝗟𝗼𝘄𝗲𝗿 𝗙𝗲𝗲𝘀
With very low transaction fees, #MultiversX is the perfect place to use those assets in different strategies.
​
🛡️ 𝗖𝗼𝗹𝗹𝗮𝘁𝗲𝗿𝗮𝗹
They can be used as collateral to borrow from the lending protocol.
This could create some nice opportunities for people bullish on other assets than $EGLD.
​
It's time to conclude the first part of this thread.
I'm sure this was helpful in learning the most important modules of the protocol.
In part two we will get a glimpse into the tokenomics, team, other features, and the potential future of this project.
@HatomProtocol is without any doubt a very complex project and will act as a liquidity hub on #MultiversX.
With a sophisticated user interface, yet very simple to use, and the necessary products to gain traction, I'm sure that it will be a great success.
And once again, never rely only on the information from this thread.
Make sure you do your own research and you know why you are investing in the project.
Thanks for reading and stay tuned for part two!
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Source: [email protected]

TL;DR: Went all ham and head first into VR racing.
Going thru a divorce so I'm enjoying some "Retail Therapy". Grew up in the Atari days, played GT extensively on the PS1/2 in College. Turned into a PC snob in the 2000s.
Current PC was long in the tooth, 980ti, so figured I'd see what they hype was around the PS5. Got one a month ago and started hearing all they hype around the PSVR2, so f it, YOLO and dropped the extra $$$.
Oh my, GT7 in VR is nucking futs! I wanted MOAR! So of course I went down the rabbit hole and ended up ordering an ASR4 rig with the Logitech Pro.
As for why I have a racing stand. The Logitech was on back order till July, so I thought I had some time to decide on an 8020 rig. Nope, got a notification last week that the wheel would be here Friday. I knew I'd be chomping at the bit to use it so I just punted and got the racing stand for the interim.
Holy crap this is intense!
I have several hours under my belt with just the controller on GT7. It's a completely different animal with the wheel. The sensation of speed is thru the roof! I could seriously feel my car rotating under me. It was a crazy feeling. Like my brain knows I'm stationary, but the feedback thru my hands paired with the VR seriously tripped up my brain and I felt like I was physically moving.
I know the DualSense controller has pressure buttons but I never liked the digital on/off feeling of the controller with my play style. I always felt darty and chunky, like I only knew on/off movements. With the analog input with the wheel and pedals, completely different game easing onto the brake and gas turning into and out of a corner. I also dabbled with using a manual transmission in the game now that I have flappy paddles that make it easier to control the trans. That's gonna be a whole new learning curve to now use the engine braking for corner entrances.
After each race finished I was physically tense and "on". Felt draining. Kinda like when you get finished with a rollercoaster and you come to your senses at the end when they slow you down before you have to get off.
As for the temp rig, yeah, total wobbly piece. Can't wait to get the rock solid tank of an 8020 rig and have a proper bucket seat and race posture and position.
Oh and yeah, my race car driving skills SUCK! I have sooooo much room for improvement. Can't wait to get more seat time and develope my skills!
I started to really think of the logistics of having a sim rig in my bedroom. Like just how the f is that gonna look and work. I guess just get long ass usb cables to go from the TV stand to the other side of the room for where the rig will be and just us VR. But that's a total ghetto ass solution. Probably just gonna say f it and have the rig in the living room and buy a dedicated 2nd PS5 just for the rig
It's also gonna be tempting to also have triples and a dedicated racing rig PC.
Now to go put my credit card in a block of ice so I won't be tempted to order the D-Box motion actuators. Yes, I know D-Box would require going to a PC solution :\
Damn it all to hell!

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Allies of the Force
Allies of the Force is a daily active, full participation, high reward guild for veteran players. We maintain these very demanding standards to bring our members the best rewards possible. We have recently changed our recruitment policies in an effort to grow our overall guild GP, increase rewards and tackle the newest content. We are seeking daily active, veteran (7M GP+), knowledgeable players. As a day one guild, we've been at this for awhile. Many of our group have been together since before there were raids. The links below will show you some of our numbers on current content because I know they matter, but the biggest reward we have to offer is our community.
https://swgoh.gg/g/pIc8G4IAQIqb6yhdJbZLLA/
https://recruit.swgoh.gg/guild/905/allies-of-the-force

• Requires 600 tickets/day.
• Requires experienced participation in raids and every phase of both TB/TW.
• Exclusively running RotE TB.
• Exclusively running the new Krayt raid.
• Guild beneficial farming expected on a volunteer basis.
• Raid start times rotate by 6h every raid with 24hr join period.
• Guild reset - 7:30pm US EST.
• Discord required.
• FOCUS: RotE and Krayt raid progression. Improving TW performance.

https://preview.redd.it/kfj1umio095b1.png?width=468&format=png&auto=webp&s=9b3f5107444f95ef1f0e5a5147f70d483d0338e6
We recognize the demanding nature of progression in Star Wars: Galaxy of Heroes, which is why we long ago helped form The Potentium Order. It is a small alliance of guilds that we coordinate with to ensure our players can play with a progressive group, no matter their current personal schedules. The members of our alliance often float between guilds depending on how much time they have to play or what they have to offer to the current reward meta. We strive to be the last SWGoH group our members ever need. Our discord server is the result of this mentality and the heart of our community. Use the link below to swing by and check things out. We'll be happy to answer any questions.
https://discord.gg/hQQZbSy
May the Force be with you, always.

I can't for the life of me remember any other time we were granted with as many moments this season has offered us.
From Draymond Green abusing Jordan Poole to Zion fucking pornstars, this season has kept up its pace all year long and never slowed down. This season isn't even over yet and I feel compelled to bring this up.
There's SO SO SO many more I wish to write down but I'm afraid our 3rd grad reading level wouldn't be able comprehend the amount of words I could put down onto this text.
Let us come together to write out our favorite moments this season has given us this far and see if they can answer the question I bring forth.
I'll go first. Do y'all remember when James Harden decided to have an AWFUL shooting performance when he was playing right in front of a fan who had just come from another shooting? I mean you just can't make this stuff up

My very first youth star I signed to my academy is getting too high of a rating for his place.
I scouted him in my first season, from Estonia. Seppänen, the right wing beast. I am half way through my 4th season now and he has reached the rating of 85.
Issue is, Saka is currently sat in that position at 94 rated, and he cannot be budged. He is too good to be swapped out, and I just like him as a player (some bias as I am an Arsenal fan).
What do I do with Seppänen? He got me manager targeg of signed a player under 20 with higher potential objective, and the objective of playing somebody signed the first year 30% of the second year. He also took a paycut of £15k and the end of last season without his agent throwing a fit as I needed to reduce player wages by that extra £15k to meet the financial objective.
What should I do? Do I let the Estonian Beast go? I have a weird feeling of loyalty towards him as I have never stuck with a youth pkayer this long. And (I think where I have been graced with decent manager objectives), I didnt get bored after 2 seasons, and have never done 4 seasons before. It is like, with the objective I have achieved using him, he is loyal to me as a manager and my manager to him as a player?
Do any of you have attachments to any players? Specifically youth graduates you cant part with?