Everyone knows EigenLayer isn't a normal project.
But I think 90% of people didn't fully understand the power of $EIGEN. It's not just any token.
I'm breaking down the 40-page long whitepaper into 30 tweets.
Let's talk about this "Universal Intersubjective Work Token"...
$ARB taught us that BEING EARLY PAYS.
This is why you should start snooping around ZK-tech.
Last month I shared with you the only 2 projects that were building a ZK-perpetual-dex on StarkNet.
I found 8 teams that are doing the same thing over
@zksync
.
Who are they? ๐๐งต
I'm watching last interview from
@VolkinGames
with Grant Warwick. Every time I see an interview from one of Illuvium co-founders I'm impressed from their vision about what they're building and the future of their games. I was thinking.. 1/5 ๐
๐๐๐๐๐
ZK-narrative is getting HOT ๐ฅต
One of the most anticipated project is
@Starknet
, a ZK-rollup on Ethereum.
I checked the whole ecosystem and I found there are only 2 projects that are currently building a decentralized derivatives platform.
Who are they? ๐
There's a crypto OG project making interesting moves.
They're trying to solve the main problems Ethereum L2s are facing by building an EVM-compatible L2 featuring:
- Decentralized Sequencer
- MEV Protection
- Cheap ($0.001) and Fast (<1s) Transactions
Here's my overview
๐PLAN YOUR INVESTMENTS AND CONSIDER MACROECONOMICS, EVEN IN CRYPTO
In this thread I'll share:
๐ธ My view of the crypto market
๐นS&P500
๐นTotal Market Cap
๐นDominance
๐ธ My investment plan
๐นBtc and Eth
๐นMedium/Small Cap
๐นFA & TA
Can someone tells me where I can buy some $XPR using Metamask?
Iโm starting to think that itโs a nice projectโฆ
@ProtonRoad
@kylelayser
@ProtonXPR
-
@CoinMarketCap
says its available on pancakeswap, maybe not for me ๐
The Move-based twins are growing month over month.
Let's take a look at where
@Aptos
is and where it's going leveraging
@dyorcryptoapp
and other onchain data platforms.
Could $APT be the best bet for Q2-Q3 2024?
A thread ๐๐งต
Intent-based applications will shape DeFi 3.0.
If you haven't realized this yet, it's because you haven't grasped what Intents can unlock.
Let's explore what the (real) future of finance might look like ๐งต๐
If you follow me you already know how bullish I am on on-chain trading.
I'm not looking for another $GMX fork tho..
My focus is on teams delivering a CEX-like experience in a permissionless, self-custodian, and decentralized way.
โค Enter:
@HyperliquidX
๐งต (ฮฑ at the end)
๐๐๐
โ
@DefiLlama
made our life much easier with his Swap aggregator..
๐ What if I told you there is a team building a
PERPETUAL DEX AGGREGATOR?
Enter:
@UniDexFinance
๐๐งต
X LAYER - EVERYTHING YOU NEED TO KNOW
@XLayerOfficial
- Why
@okx
decided to launch a Layer2?
- Why did they choose the
@0xPolygon
tech stack?
- What's the best way to bridge?
- What's the best opportunity?
I've numbered the tweets and created an index for easy navigation ๐๐งต
WHAT?!
Are you telling me that you're investing in the on-chain derivatives space without knowing everything about the current market's leader?
GOTCHA
A Twitter version of the incredible report by
@ReveloIntel
on
@GMX_IO
๐ซ (+ a few charts and latest updates)
You might think you're smart farming the most amount of airdrops possible, but the truth no one is telling you is that you are the one being farmed.
Remember when you aped into a pool just because it was filled with rewards?
These points systems are the old and dear liquidity
๐๐๐๐๐
I decided to write this post to let everyone knows what
@illuviumio
has already built and where they are headed.
It's all based on their official video (link below) ๐
What do you think Illuvium could be in the next 3-5-10 years?
Just for fun, i'm going to make a deep-dive thread regarding $ILV tokenomics, but only if the first tweet gets 50 likes (so I'm probably not going to do it, I think) but let's try it.. Have a good weekends guys! 5/5 ๐
๐I'm slowly becoming incredibly bullish on $WOO.
๐
@WOOnetwork
may be a top-tier DeFi hub in the future, with
@OrderlyNetwork
as its base infrustructure.
๐Bullish arguments can only be made if Near survives this bear market, and I believe they will.
A few screenshots: ๐โฆ๏ธ
Only 2 days left to participate in the
@staderlabs
$ETHx Restake Rush.
They're giving you $40 in $SD + 100 EigenPoints per $ETH.
It's not much, but there's a strategy to giga-increase the rewards ๐โณ
A new governance token system is gaining traction.
It leverages
@Balancer
weighted pools to achieve:
โข Deeper Liquidity
โข Less impermanent loss
โข More efficient incentive programs
#8020initiative
#BTP
I'm going to drop a thread about
@ClearpoolFin
at the end of the week.
Drop a like if you're interested in learning about an Uncollateralized DeFi protocol!๐
I'm watching last interview from
@VolkinGames
with Grant Warwick. Every time I see an interview from one of Illuvium co-founders I'm impressed from their vision about what they're building and the future of their games. I was thinking.. 1/5 ๐
In December 2023, Robin Linus unleashed a revolutionary work that shocked the entire Bitcoin community.
This whitepaper set the stage for all the developments we currently see with Bitcoin's Layer 2 solutions.
Among all of them, there's one in particular that caught my eye...๐งต
Is there anyone interested in a
#ResearchThread
about
@ClearpoolFin
? Iโm taking a deep dive right now, it seems very interesting. I want to thank these 2 legends for talking about this project. You are on fire guys, as always ๐ฅ๐ฅ
@thewolfofdefi
@AlphaSeeker21
$CPOOL
I love exotic pairs, they're super risky but they're also super fun and useful.
Imagine having the possibility to trade (on chain and with leverage) a basket of defi tokens, or the spread between 2 tokens.
This unlocks a ton of new possibilities to trade smarter.
Let me give
The
@airpuff_io
thesis.
If you're farming points
If you're already holding LRTs
If you like Pendle and Gearbox
This thread is for you ๐๐งต [time sensitive]
Do you remember the LSD-Fi season? Yeah forget about it, it's old stuff.
Now it's LRT-FI SEASON.
Blink and you'll miss it, let's explore the current opportunities ๐๐งต
@AurelienOhayon
Maaan you keep saying this and youโre going to say another 3 times: below 22k, below 21k and below 20k. Maybe the latter youโll be right
Even if $ILV only reaches
@AxieInfinity
Market Cap in the next bull run.. that would be a 125x from here (with current prices and current circulating supply), not bad huh? Think about what could happen in JUST 4-5 years... 3/5 ๐
But let's start talking about the subject of this thread:
@etherlink
As I said earlier, Etherlink is an EVM-compatible L2 and went live on mainnet a few days ago. It's completely governed by Tezos' validators (aka Tezos Bakers)
Shoal Research: The Convergence of Ai, DeFi, and Intents with Aperture Finance
โ
It was a pleasure reading it, here are a few key points:
- Intents refer to the act of expressing a desired outcome, rather than a specific route.
โ
- DeFi apps have failed to gain traction outside
I was thinking that in the last bull run $AXS was able to reach almost 10B Market Cap at its peak ($ILV 1B). I truly believe that aspects of GameFi and NFTs will be strongly integrated in the gaming sector in the next decade. So.. 2/5 ๐
@Trader_XO
This one is at $8M MC=FDV
Main product is the perp aggregator, if you're familiar with Defillama meta-aggregator then you understand its purpose. Imagine the best route between Mux, Gmx, Gns, Snx... PRMM pools which are hooks for perp (imagine a Uniswap v4 but for perp dexs), OP
Imagine the NASDAQ.. but in DeFi.
This is what
@lafachief
and his team want to achieve with their novel project:
@symm_io
.
A thread exploring how this NEW PRIMITIVE could change, for good, the on-chain perpetual space.
Let's get into it โฉ ๐งต
Now that Elon is forcing us to view fewer tweets
It's important to manage your time on CT wiser
Stop wasting it scrolling your TL in a random way
You just need to drink these 5 newsletters:
If you missed on
@eigenlayer
previous openings, this post is for you!
I just found out about a strategy that lets you:
1. Secure your deposit on EigenLayer easily
2. Farm 2 airdrops at the same time
Kudos to
@TheDeFISaint
for sharing this alpha.๐
In case you're not
And that's all regarding Illuvium's economy. ๐ฝ๐๐ฐ
DISCLAIMER:
NFA/DYOR, I'm a simple guy who loves
#Crypto
and
#GameFi
, I am not an expert of anything so if you find some inaccuracies or mistake, please feel free to leave a comment below.
@AxieInfinity
@illuviumio
Team is here to stay and they are growing and growing... and remember that bear markets are for building and investing. It's now the time in which we can make the best deals! Indeed, I'm going to DCA during the next months. I AM READY. 4/5 ๐
My current portfolio by size
1. $ETH
2. $UNIDX
3. $LYRA
4. $ILV
5. $WOO
6. $GMX
7. $GRAIL
8. $INST
9. $PREMIA
10. $THE
11. $USH
12. $WINR
I don't plan to hold long term 7-->12 but I need these to accumulate more $ETH while it's still below 3k
OG DEX - $UNI $CAKE $SUSHI $CRV
There are some interesting insights you can grasp by leveraging
@dyorcryptoapp
Here is a simple framework for evaluating the 4 main Ethereum dexes.
[Google Sheet Link at the end] ๐
"We are proud to announce the testnet integration of Circleโs Cross-Chain Transfer Protocol to make USD Coin (USDC) interoperable."
Huge. Congratulations, ๐ค๐
@routerprotocol
One of the things that pays off the most in crypto is finding those dApps that tick these 2 boxes:
โ๏ธ They're deployed in a yet-to-explode ecosystem
โ๏ธ They're (or will be) the flagship dApps of the ecosystem in question
I think I found one...
A thread ๐งต๐ [alpha at the end]
I feel safer putting my money into $ROUTE, took profit from my first purchase (1.9$) at 3.3$ and 3.9$ and rebuy a few days ago at 2.3$. The vision is long term but as I said before, my next target is 5.40$
Bear market is for
#Short
opportunity. ๐
Could the bottom be in?
Yes, definitely
Do I think is it in?
Mmmh nah, I donโt think so
A thread about my ideas at the moment and my view re: $ETH ๐๐ผ
Crypto derivatives constitute almost 75% of the total trading volume.
As of today, the futures market has a monthly trading volume of $1.6T while the option markets only $32B
Let's talk.
A GIGA ๐งต on the current STATE of the crypto DERIVATIVES MARKET.
0/55 [PART 1]
$IPOR
I know that it sounds crazy, but if they succeed in what they're trying to build..
This one could EASILY reach $10 billion FDV
Do yourself a favour and read
@Chinchillah_
and
@0xTindorr
's threads about
@ipor_io
, it takes 5 minutes and they will blow your mind ๐คฏ
๐๐
Tezos is a smart contract platform that launched on mainnet in 2018.
It has always struggled to gain significant adoption, but despite being off the (CT) radars, the team didn't stop building and during 2022 they started focusing on scalability.
In this thread:
- The Tezos' approach to scalability
- The enshrined rollup
- The six selected projects
- An interesting dApp
- Other partnerships
- Final thoughts
I have no idea what will happen in the short-term, but I strongly believe this is a great time to start buying solid altcoins.
Let's zoom out and take a look at what the past could teach us ๐๐งต
23/
In my humble opinion and from what I have seen, the best opportunity right now is farming the
@Revoswap_
airdrop.
They're distributing a fixed amount of points per pool per day.
This is one of those campaigns that reward early birds over late whales.
The best strategy...
In the past weeks, I decided to focus my attention on the Perpetual Dexs
We have already seen how big is this market opportunity in the previous threads, and this is why everyone inside the crypto space is trying to grab a slice.
Here is another high-performance dex ๐งต๐
Illuvium Zero fees, sponsorships, events, tournaments.. Everything it produces income for Illuvium ecosystem will be sent inside a vault and periodically but randomly used to buy $ILV at market price and distribute them to $ILV stakers.
1/
Universal Intersubjective Work Token... fancy term huh? Let's unpack it starting from the basics.
What's a Work Token? Usually, we refer to work tokens as those that need to be staked to perform digital tasks.
$ETH and $SOL are work tokens.
3/
$ETH is a SPECIAL-PURPOSE OBJECTIVE work token used "just" to validate Ethereum blocks inside the Ethereum protocol.
But now, thanks to EigenLayer, $ETH has become a UNIVERSAL OBJECTIVE work token, because it can now be used for validating external services (aka AVS).
But Tezos' founders disagreed with this approach, since the blockchain would lose one of its most important features: the censorship-resistance.
Alright but then how did Tezos decide to scale?
Simple, with the same route chosen by the Ethereum Community: Layer 2s.
Final thoughts:
Despite being inside Tezos, a world where liquidity isn't abundant and interoperability is still lacking, I think Etherlink could become the shining star of the ecosystem, and it could sign the start of Tezos 2.0.
๐๐๐
โ
@DefiLlama
made our life much easier with his Swap aggregator..
๐ What if I told you there is a team building a
PERPETUAL DEX AGGREGATOR?
Enter:
@UniDexFinance
๐๐งต
The biggest Intent-based cross-chain protocol is crushing its competitors.
This thread will get you from 0 to 100.
40 Tweets: You need to bookmark it ๐
(look at the index in the 2nd tweet) ๐
Like all the other blockchains, Tezos was a victim of the blockchain trilemma.
You can't scale properly without giving up on decentralization and/or security.
While sacrificing security is never considered a viable option, most teams decide to give up on decentralization.
4/
@PlendFinance
: Building an aggregator for EVM money markets, a 1inch for lending and borrowing as they say.
5/
@HanjiProtocol
: Onchain orderbook spot dex
6/
@StableTech
:ย a consortium building different projects on Tezos Defi
Before we start, I want to specify that 2/3 of the paper explains complex games regarding cryptoeconomic security and why the infrastructure is safe.
I'm going to keep it simple, there's no reason to explain all those details in this thread.
..catching illuvials and improving them.
2.2. Revenue Distribution.
The team made an important and revolutionary decision in the gaming industry, 100% (100%!!) of all Illuvium revenues are sent back to stakers, this means that merchandising, in-game fees (fusions,skins,revivals)
This model of revenue distribution requires supplementary revenue streams to be successful and so Illuvium needs:
- Lot of player who actually play the game for fun.
- Lot of economic activity.
- Brand establishment.
I find interesting the
@PlendFinance
's vision.
We desperately need a cross-chain lending market that just works.
We'll see if they will be able to accomplish this task.
Two days ago I attended my first crypto meetup, a huge thanks goes to
@crypto_gateway
and
@DLYNR__
for organizing it.
Seeing all these people together driven by a common passion has been truly inspiring.
I finally met IRL my partner in crime
@RakkiOtoko
, with whom I'm building