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The MOVECAST
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The First Stablecoin on Movement Labs
Shortly before Movement Labs mainnet arrives The MOVECAST sat together with GM by Arche Protocol. We discussed one of the most important elements within DeFi: Stablecoins.
GM explains how stablescoins are designed, why LUNA crashed due to its design and how Arche's stablecoin will differ to other stables as USDC or USDT.
Their stable $MSD is supposed to be on @movementlabsxyz mainnet from the beginning, so you can mint $MSD with your $MOVE you received from the MOVEdrop.
Do you use stablecoins within DeFi? Do you think we need stablecoins?
Let us know in the comments! 👇
TIMESTAMPS
00:00 - Intro
00:25 - GM and his way into Crypto, Movement and Arche
04:30 - From Legal advisory to building a DeFi product
07:52 - Why Stablecoins are essential in DeFi
14:00 - MSD compared to USDC and USDT
17:30 - How to avoid a LUNA-ish Crash
27:30 - Security of Movement Coding Language
31:30 - Beginning to build on Movement Labs
38:10 - How DeFi can do a difference for retails users
#Blockchain #Crypto #memecoin #Movement #movementlabs #MOVECAST #nft #MovementCommunity #gmove #art #tge #mainnet #movedrop #airdrop #aptos #sui #wallet
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Follow Usedtowels on X: https://x.com/BehemothBtc
Follow zadam on X: https://x.com/gorilla_zadam
Follow Arche Protocol on X: https://x.com/ArcheProtocol
Follow GM on X: https://x.com/gmarcheangel
GMOVE and wassa wassa!
