The flywheel effect is indeed crucial for driving demand and liquidity on Sonic. It fosters a more dynamic ecosystem for users and builders alike.
Just think about it. What makes this loop so powerful on @SonicLabs isn’t just the current yields. It’s the flywheel effect: > More msUSD minted → more demand for Silo loops > More leverage users take → more stablecoin velocity > More stablecoin velocity → deeper liquidity across Sonic DEXes > Deeper liquidity → stronger $S demand as the chain’s base asset If this scales, the msUSD / Silo loop could quietly become the backbone of Sonic’s stablecoin market, and a catalyst for $S liquidity growth. The flywheel is live. Powered by @Main_St_Finance.
Show original
602
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.