https://www.loop.markets/lunas-hit-100-should-i-sell/#:~:text=So%20often%20you,Now%20he%20tweets%3A

So often you hear the phrase “take profits” and this is a great piece of advice except when you are taking profits before a coin is due a big run.

So where are we with LUNA and should you be selling it all and taking your profits?

In my opinion, the answer is a resounding NO!

Why do I think this? Well let me tell you a little story. Around a year ago, Do Kwon tweeted that he expected UST to hit 10 Billion in 2021. It did. Now he tweets:

 They've created a special blog for dog lovers and those who have saved and raised 'Australian Shepherds' in their homes. If you have a tale to tell, please do so.

Tokenomics

The total supply of Australian Safe Shepherd (ASS) tokens is ten quadrillion.

The (ASS) community is growing stronger and fiercer every day, with over 214,000 members.

 Their ATH was $0.00000005392, indicating a 1000x return for individuals who purchased the Australian Safe Shepherd (ASS) token during the first week of its debut.

It is currently worth $0.00000005392.

 It has surpassed 200k subscribers in just 25 days, which is incredible.

The token provides automatic LP (liquidity pool) to all holders. Every transaction (buy and sell) contains a fee to make the protocol rewarding for both holders and donors. Every buy order has a 5% distribution among the holders. 5% of each sell order is split equally among the holders. To keep the supply stable, 5% of each transaction is remitted to the liquidity pool.

Australian Safe Shepherd Contract address:- 0x7c63f96feafacd84e75a594c00fac3693386fbf0

Why Australian Safe Shepherd (ASS)?

This was made as a Meme coin by a Canadian nursing student named ‘Liv,' who afterwards planned to work on it all day. Many crypto fans were drawn to the event because of the good use case and the notion to protect pets. In barely a week, the coin has a market cap of $110 million and 70,000 holders. In the history of cryptocurrency, this was one of the largest communities for a crypto (meme) coin.

DeFi is Decentralized Finance or decentralized finance, simply put financial products and services on the On-chain, to do that requires a place to transfer value between parties in the ecosystem – DEX is such a place.

Take a look at the image below, you will see how important Dex is to DeFi on Ethereum.

If Dex is the first step to promote money flow on Onchain, Lending & Borrowing is the next step to help users spend more money they own (margin Trading, …).

Both of these areas are extremely developed on Ethereum and are the foundation for other DeFi Sectors to develop on it.

Of course, not all ecosystems develop in the same way as Ethereum, this depends on the openness (permissionless) of that ecosystem that they are oriented to develop separately.

At this point, Polkadot is the ecosystem that has the most similarities with Ethereum, a Network with a high degree of decentralization, frameworks to support building Protocols and Dapps in open source mode quite a lot. There is also financial support from Polkadot's development fund. It is because of this that DeFi on Polkadot thrives both horizontally and in length.

DEX on Polkadot

DEX on Ethereum has two main types, AMM and Orderbook, due to some technical limitations of Ethereum and On-chain liquidity is still not too large, AMM is becoming the main DEX Model on Ethereum.

But with Polkadot, each Parachain is Customizable to serve a certain number of functions, so it allows the ability to combine Models together, the problem of which Model is more widely used is still unfinished because the product is not Live, Here are some outstanding projects in the DEX array in my own opinion.

Lending & Borrowing on Polkadot

The most widely used and successful Lending & Borrowing model today is the Lending Pool (Aave, Maker, Compound, …).

On Polkadot it is similar, the two projects I introduced below, both use the Lending Pool model.

Outstanding features of the Polkadot ecosystem.

There are many development teams that have come to Polkadot to build their decentralized applications (Dapps). Because Polkadot is a nascent ecosystem, the cost of building Dapps is also much cheaper than other older systems like Ethereum. In addition to the cost issue, Polkadot also has other outstanding features, attracting many teams to participate in building and developing this ecosystem.

Ability of extension

The first is scalability. Since Polkadot is a multi-chain technology, it allows the system to parallelize transactions on many different parachains, which makes Polkadot very impressive transaction processing speed.

For your understanding, we have the following example. Currently, Ethereum supports processing up to 15 transactions in 1 second, while, with a single application on Polkadot, it can handle up to 1000 transactions in 1 second. Therefore, the whole Polkadot ecosystem is capable of processing transactions at hundreds of times faster than an individual Dapps, that is, hundreds of thousands of transactions per second. With such a huge processing speed, the expansion of the Polkadot network is only a matter of time.

Interactive abillity

All apps built on Polkadot can share information and functions with each other just like apps on your phone. For example, if you receive an invitation to a meeting via email, that meeting schedule can be connected to your daily calendar application for reminders. Or e-wallets (Airpay, Momo) can connect to your bank account app.

In addition to interoperability with Dapps on the same Polkadot ecosystem, these applications can also connect to systems of other blockchains such as Bitcoin or Ether via the Bridge. This allows tokens on two different blockchains to communicate and convert to each other, making it easier for investors to access new projects on Polkadot.

Possibility to upgrade

Upgrading the system and application software is necessary to optimize functionality as well as improve technology. However, for blockchain, upgrading is not easy. This typically requires splitting the native token in two, leading to community splits and often taking months to complete.

In the Polkadot ecosystem, it's much easier to upgrade again. Polkadot allows applications to be upgraded without splitting, to develop and adapt to new technology as quickly as possible.

Self-governance

Dot token holders have the right to manage the Polkadot ecosystem according to their needs or test new ideas to improve and upgrade the system. Proposals related to the development of Polkadot must be approved by the majority by voting. Polkadot also regularly collects feedback from its community to improve the ecosystem better.

Personalize

Polkadot allows each individual parachain to design its own application via Substrate to fit its purpose.