Waking up to a proposal on
@Fraxfinance
on
@CurveFinance
:
"Replacing WETH with frxETH"
What does it mean 🤨 ?
It means a potential flywheel that could launch Frax to the top of the ETH landscape
A thread on frxETH flywheels 🧵
The buzz around China and Hong Kong related cryptos is gaining momentum on CT 🇨🇳 🇭🇰
Stay ahead of the game with my top picks in this space that has the potential to go parabolic.
A thread🧵
In my opinion, $LUSD stands out as one of the most decentralized stablecoins.
Here's a thread on
@LiquityProtocol
's product mechanism, followed by metrics analysis in the next one.
Let's dive in🧵
Borrowers suffer more losses from instant liquidation in DAI.
@CurveFinance
seems to find a solution to tackle the liquidation issue by imposing LLAMMA, enabling soft liquidation & new oracle price system in its stablecoin $crvUSD.
Thread on crvUSD 🧵
While you were focused on airdrops,
@Kwenta_io
’s daily fees surged to a new ATH at $370K a few days ago.
Whales like
@Rewkang
have almost $18M in profit by leverage trading on both
@GMX_IO
and
@Kwenta_io
.
Let's take look at their secret sauce and find out what you're missing👇
Yield is a key parameter in attracting capital inflow and users.
But it comes with a caveat - yield can be unpredictable and volatile📈
@pendle_fi
could be the game-changer that allows you to optimize yield and hedge against yield downturns in volatile markets.
A thread🧵
Announcing
#HongKong
DeFi Night (2nd Edition) with
@CurveFinance
the very 1st Curve event in
#HK
🇭🇰
Follow & Retweet to join (*subject to approval):
Let's make it an unforgettable night 🚀
1) AI and big data are not only short-term trends, but both are technologies that will shape the future drastically.
#ChatGPT
is just one example.
Here are four
#AI
projects on my personal watchlist 🌝
The Ethereum ecosystem is hindered by disparate entities with their own networks of trust.
Can
@Eigenlayer
be the solution for increased security and additional revenue streams?
Let's dive into it with a thread 🧵
1/ With the recent Hilumia reveal, we finally have a full picture of the
@AzukiOfficial
universe.
Join me on my journey through the delightful neo-futuristic streets of Hilumia 🐉
A quick thread 🧵
Looking for undervalued small cap picks?
After grinding through >8000 words of research, I've curated a list of the top 5 strongest DeFi protocols that have just launched/are about to launch.
A thread🧵
TVL of
@Pendle_fi
hit 117M, where 50% derives from LST.
Will Pendle thrive as a dominant player in the LST landscape?
A 🧵 on Pendle, the next leading force in LSDfi
In just 5 months,
@ChickenBonds
🥚 has organically bootstrapped ~20M TVL though its $bLUSD bonding mechanism.
Now, you may be wondering how
@LiquityProtocol
achieved such remarkable growth.
Was it through some kind of Chicken Magic 🐤?
Let's find out🧵
🐴
@WenLlama
is not your typical crypto community.
Job market? ✅
Yield sharing? ✅
Fair badge system? ✅
High quality DeFi community? ✅
A quick thread on why
@WenLlama
reigns supreme as the ultimate hub for
@CurveFinance
&
@ConvexFinance
enthusiasts 🧵
Gas fees have been one of the most pressing issues in the NFT space⛽.
Previously, we saw ERC721A improve batch minting.
Now, with
@jpvge
, gas fees for NFT trading are lowered by converting ERC721 to the JPO token format.
A thread on this game changer in the NFT space🧵:
1/ Introduction
#Web3
casino & betting platforms are the next crypto narrative, so let me introduce you to three high roller protocols that are fully on-chain and decentralised.
Lady luck is smiling 🧚🏻♀️ !
Tired of scrolling through CT alpha & news?
Here's my first issue of "Weekly Scoop" on all things crypto & Web3🥰
I've created a FREE
@Notion
database summarizing weekly alpha, project updates, actionable items, raises & news in crypto🔍
Access here➡️
Over the past 7 days,
@ParaSpace_NFT
has emerged as the leading NFT-fi project in the industry 🧠
However, many people do not know what ParaSpace actually is.
Dive into the DeFi X NFT-fi gigabrain👇
A 5 mins thread explaining
@ParaSpace_NFT
like you were 5 years old 🧵
How did
@Rocket_Pool
draw up to 1.3b TVL, making up the 2nd largest LSD pool amongst all LSD protocols?
Launching ourselves into the magnetic LSD pool and see how does it rise to its fame.
🧵
I spent 10 hours digging through numerous airdrop threads.
Here's the most insightful and informative
@arbitrum
airdrop threads from the past week.
Let's dive in🤿
How many people have unstaked after the Shanghai upgrade 🤔?
Surprisingly, not many 😮
An all-in-one thread 🧵 breaking down LSD landscaping post-Shanghai with the best dashboard from
@tomwanhh
,
@21co__
,
@CryptoKoryo
&
@hildobby_
📊
LSD continues to dominate the DeFi landscape and now
@Binance
has entered the scene with the launch of $wBETH 🚀
In just 2 weeks, $ETH-$wBETH pool on
@CurveFinance
almost reached $1M.
Would
@Binance
outperform its contenders ?
A thread🧵
Embarked on my
#Web3
journey just a year ago, delving deep into decks and deal flows, navigating the intricacies of DeFi and structured products.
Though the path has not been easy, I am grateful for the knowledgeable souls in this space who have enriched my mind🥰
Thanks to the hype with ordinals and inscriptions, the Bitcoin network is facing unprecedented traffic.
Despite these challenges, it highlights the potential of Bitcoin even in the absence of smart contracts.
A thread on the best BRC20 tools, platforms and L2 🧵
The listing of $LQTY on
@Binance
has caused a surge of almost 100% in its price.
This could potentially pump the entire stablecoin sector.
A thread on the next moonshot token you shouldn't miss🧵
Many people have made millions from the BTC narrative, yet only 1% of users understand their investments 😥.
I've summarized everything you need to know about the Bitcoin network so that you won't miss out on any alpha during the next bitcoin fever 🧠
Let's dive into thread 🧵
Hong Kong🇭🇰 has shown its commitment to the crypto industry by releasing proposed regulations for virtual trading platforms.
As your crypto companion, I've distilled the 360-page consultation paper into 5 key aspects you need to know📝
Stay informed with this thread🧵
有會看中文的伙伴嗎😝😝😝?
Grateful to work in the Web3/crypto industry in Hong Kong 🇭🇰 🇭🇰
Thanks to
@definidude
for introducing me to this amazing space!
Exciting times ahead with Hong Kong's potential as a fully regulated crypto hub💕😘
Looking for
@LensProtocol
WL and potential $LENS airdrop strategies🌿?
Let me present the top 7 protocols built on Lens across various sectors like socialisation, tooling, and decentralized identities.
A thread 🧵
Did you miss the boat on $BLUR?
Don't worry, I got you covered!
I've done extensive research and curated the ultimate list of NFTFi projects that could be the next big thing.
Let's dive in🧵
Happy International Women's Day👱♀️❤️
Shoutout to all the incredible women breaking barriers & making waves in Web3💃
Your contributions and achievements are essential to building a more inclusive and diverse industry.
Keep shining🌟✨
Order book perpetual DEX
@HyperliquidX
reached a $2.8B trading volume in a single day, surpassing both
@dYdX
and
@GMX_IO
.
Interestingly Hyperliquid is still in closed beta on its Hyperliquid L1.
Could this be wash trading 👀?
Did you miss out on $ARB?
It's never not too late to receive your $ZKS airdrop with this easy-to-follow airdrop guide.
The only
@zksync
airdrop strategy thread you need 👇🧵
1)
@Doodles
2’s launch on
@flow_blockchain
has been a subject of controversy in its community. Doodlers fear the brand dilution & unclear future of moving away from
@Ethereum
.
In this 🧵, I will explain why Doodler’s should support this decision & how it benefits Doodles’ IP.
Telegram bot took over the CT by storm before cooling off.
However, these ability could make them a standout narrative in the future:
1️⃣ Sniping coins at the earliest stage
2️⃣ Lowering the barrier for on-chain trading
A thread on Telegram trading bot
🧵
It's been an honor for
@hailstonelabs
to work with Alvin
@KwockAlvin
& team
@OneInfinitybyOD
We're excited for more collaborations and looking forward to the transformative upgrade of digital asset management & insurance product in Hong Kong 🇭🇰
🔗
(8/18)
But what sets Pine apart from the rest is its revolutionary individual lending pools, fixed interest rates, and Pine now Pay Later feature.
These give users the power to customize their loan offers & operate on their own terms.
A few months ago, we saw the success of the OP Stack Superchain.
Today,
@zksync
has announced a game-changing innovation called ZK Stack, which will revolutionize the space with Hyperchain and Hyperbridge.
A quick thread on ZK Stack, the future of zksync 🧵
The explosive growth of TVL on Base has stunned everyone.
However, many users are still in the dark about the Top Dapps on
@BuildOnBase
.
I will save your time by handpicking all the promising projects on Base for you.
A thread on Base's ecosystem 🧵:
The Hong Kong narrative continues to brew with its pursuit of becoming a leading crypto hub is gathering pace as regulators aim for May 2023 to unveil licensing guidelines for crypto exchanges🇭🇰
A thread to stay informed on HK's evolving crypto landscape🧵
Delighted to announce
@HailstoneLabs
's latest partnership with
@New_Huo_Tech
, Data Hash, and Bingo Group - Odyssey Ventures!
Looking forward to empowering pioneers worldwide to build the future of
#Web3
mass adoption together!
🙊 is too good to be true‼️
In just 10 days,
@friendtech
has done over $70M in total volume and earned revenue of $3.37M from platform fees (5%), even surpassing Uniswap & Lido fees at one point.
🚩Despite the enormous volume & revenue captured during a
After receiving ~$15K from
@blur_io
’s airdrop, I see a lot of concern about $BLUR’s future performance.
Is it another PnD? Or will it thrive?
Here’s why I think $BLUR will outperform $X2Y2 & $LOOKS🧵
Hong Kong
#NFT
project
@memeland
🏴☠️ hit a big, raking in a whopping 30K $ETH in just 1 day from the Captinz mint.
I'm making a bold prediction here:
@memeland
will surpass
@yugalabs
in a year.
A thread on the
@memeland
ecosystem and brand building🧵
Special thanks to
@IQtimes
and
@Bitkevin1
for helping cross "appear on a podcast" off my bucket list 💖🤭
We talk about crypto in hk, my personal crypto journey, and also what's cooking over at
@hailstonelabs
Enjoy 🌸
Stablecoins aren’t stable
Silicon Valley Bank fallout🏦
$USDC depegged 🤯
@circle
reveals $3.3 billion SVB exposure🔵
Domino effects on $DAI and $FRAX 🪙
What's your strategy in these unpredictable times?
Third edition of 𝐖𝐞𝐞𝐤𝐥𝐲 𝐒𝐜𝐨𝐨𝐩 is back with the juiciest alpha yet!
Get the latest updates on DeFi/GameFi/SocialFi/NFTs & more in just 5 mins 🍨
Don't miss out on this week's project launches, protocol updates, raises & actionable items ⬇️
🗞️
1) $LDO is very overvalued.
The LSD narrative is heating up. All eyes are on the Shanghai upgrade, which finally allows withdrawals of staked $ETH. But I doubt whether there is still more room for substantial growth & gains even though it is the market leader.
Here’s why🧵
@a16zcrypto
shared the 17 common misconceptions about ZK SNARK that researchers/developers often overlook.
Let's break down the 17 common myth/ misperception of SNARK
A thread summarizing the finding 🧵
It's Friday🥳 and I have selected the best raises, project launches, protocol news, and much more for you🥰
Don't miss a beat with my Weekly Scoop - now on its second edition!
Follow the link ➡️ to stay up to date with the latest in Web3❤️
A very special congratulations to Stephen on his brand new NFT project
@realnobodyxyz
!!! It has been my pleasure to support him on his foray into the world of Web3 alongside
@HailstoneLabs
Thank you for this wonderful opportunity
(and for giving me a special signed edition of
The VASP regulation came into effect yesterday.
This milestone marks the first step in Hong Kong's crypto adoption journey, and the potential to become the premier fully legalized crypto center of the world.
The only thread you need to know about HK crypto regulation.
🧵
I spent the past weeks using
@blur_io
& I'm very impressed. It is no surprise Blur is now the
#1
nft aggregator (-Opensea), surpassing Opensea's daily volume by 20%
With the $BLUR token dropping in 1 wk, it is important you understand why Blur is a GAMECHANGER
Let's dive in
2)
@Fetch_ai
($FET)
is building a decentralised machine learning platform that enables different stakeholders to share or exchange data by utilizing autonomous economic agents (AEAs).
It is also the project I am most excited about.
Is "bribing" destroying the democracy of DAOs?
NounDAO is known for its "one-noun, one-vote" on-chain voting system.
Recently,
@0xWiz_
has proposed a bribing system that could aggregate nouns voting power to influence new proposals.
A thread on the DAO governance drama 🧵
Today marks the official establish of the
@hongkongvac
(HKVAC).
An organization dedicated to providing crypto index (VAC) and credit ratings for crypto asset exchanges.
This positions Hong Kong as the leading hub for virtual assets.
A thread 🧵
(2/10)
$WOM by
@WombatExchange
💼 Market cap: $7.98M
📈 Price surge of ~48% over the past week
A pioneering AMM built atop
@BNBChain
that allows users to swap stablecoins at hyper-efficient exchange rates, minimizing slippage with its innovative algorithm.
all this positive news about the hong kong crypto scene has got me hyped! proud to say the
@WombatExchange
team may be one of the most "hong kong" teams in crypto -- even our dev/smart contract and marketing meetings are in cantonese! c'mon hong kong, let's get
#BUIDLing
🇭🇰
I lost 90% of my net worth due to greed during the last bull run.
1.5 years later I am sitting at portfolio ATH.
Let me share with you 5 tips I wish I would have known back then 🥂
SEC lost the court case against
@Ripple
.
U.S. District court ruled that XRP did not violate federal securities laws.
$XRP price skyrockets! 💥
Thread to unveil the triangle
🧵
(12/15)
Roadmap
In a week, the team will deploy a JPO contract for the llama NFT.
In July, will undergo an audit to optimize contract security.
In October, the $JPAGE token will be launched, and the overlay production will be fully live.
Singapore regulator
@MAS_sg
announces finalized stablecoin license detailing framework and requirements.
MAS-regulated stablecoins can be issued by entities that satisfy the specified criteria set forth in the upcoming license.
Non-MAS-regulated stablecoins can still be
(4/15)
How does JPO work 🤔?
👉 Users can deposit ERC721 into the JPO contract.
👉 The JPO contract then mints a JPO token that acts as a "receipt" for the ERC721 token.
👉 To redeem NFT, simply burn the JPO token in the contract and withdraw the exact NFT you had deposited.
From a technical perspective, BRC20, an experimental token standard built atop $BTC, is incomparable to ERC20.
Here's why:
🐸 Only suitable for memecoins
🛠 Cumbersome & competitive process for users to mint a BRC20
🧮 Efficiency is worse than a calculator or abacus.
It was an honor to kickstart
@ChainDDGlobal
's insightful event with an opening speech yesterday, exploring the next wealth frontier within Bitcoin's ecosystem. Can't wait to see more developments in the space!
(10/13)
The buy-back program has generated significant volume for token holders, making it the fourth biggest telegram trading bot in the market with a 5.8% market share.
However, there doesn't seem to be anything particularly interesting compared to other similar tools.
(9/18)
$NFTX by
@NFTX_
Market cap: $9.36M
A groundbreaking platform that empowers users to deposit their NFTs into a vault and mint an ERC20 token, granting them access to a random asset in the pool.
It revolutionizes the concept of NFT liquidity and pioneers DeFi farming.
(7/16)
4️⃣ Flywheel Potential of frxETH:
@ZhouYeMen
outlined 3 flywheels in his thread originating from frxETH 🎡
I will outline them for you down below 👇
Wrote a Stablecoin issuer thesis for Frax Finance last month, it seems like it's playing out perfectly with the Proposal for WETH replacement.
@fraxfinance
@FlywheelDeFi
$FXS $frxETH
(10/15)
The Rumas NFTs 🎭
Even though is intended to be a public good, those who wish to support can mint their first NFT collection , Rumas NFTs, which is entirely in the JPO token standard.
.
@hongkongvac
recently released the composition of its virtual asset index (VAI), which includes the 30 largest Mcap tokens.
Surprisingly, some of them have been recognized as securities in recent SEC charges, including:
BNB, NEAR, ATOM, ADA, ICP
(1/15)
Background:
@jpvge
is the first project incubated by
@WenLlama
NFT community.
The team has a solid background, including👇
The previously redacted cartel smart contract lead
@ppmoon69
ERC721A lead maintainer
@optimizoor
...
(2/21)
1️⃣ What is Liquity?
A decentralized platform enabling users to deposit $ETH & borrow $LUSD at a 0% interest rate, with a one-time fee, and a collateral ratio of 110%.
Liquity is fully decentralized, with 3rd party frontends available.
Fourth edition of 𝐖𝐞𝐞𝐤𝐥𝐲 𝐒𝐜𝐨𝐨𝐩 is back🍨
This week has been full of both disheartening & thrilling news.
• EIP-4337 is live
• Euler exploited for almost $200M
• Cosmos V9 Lambda upgrade
• Scroll raised $50M with a valuation of $1.8B
📖 ➡️