Discover and read the best of Twitter Threads about #CeFi

Most recents (22)

A historically bad week for digital assets, and the rest of global markets, led to me spinning up 11 random thoughts about this bear market…

1) Why $BTC & $ETH are underperforming

2) #DeFi is kicking the crap out of #CeFi

3) #DeFi is being held back by lack of adoption of stablecoins, not DeFi itself

4) USDC = USDT; BlockFi = Celsius; Grayscale = Lido - Stop pretending they are different
5) Tether and Circle are making a fortune right now from higher rates

6) Transparency vs non-transparency -- pros and cons

7) The grave-dancing, negative clickbait bias is very lopsided -- lots of stories on forced sellers, no stories on willing buyers
Read 5 tweets

Why #DeFi on-chain markets are the future and what is Trading 3.0 going to look like? How is the current crypto market stress going to reshape the market microstructure?

A thread.

2/ May you live in interesting times.

- An old Chinese curse…
3/ As a context for this thread:

#CeFi (centralised finance) refers to "off-chain", traditional finance institutes, who have secret paper agreements and whose assets and liabilities are not disclosed.
Read 39 tweets
#DeFi vs #CeFi

DeFi stands for decentralized finance. In DeFi, everything is handled via smart contracts in decentralized way.

Users are interacting with smart contract directly using their wallets.

There is no third party custodial service.
DeFi pros

- Users are in direct custodial of their funds.
- There is onchain transparency on what is going on in the DeFi protocol and smart contracts.

- cost gas fees
- smart contracts can be exploited if not written well.
- not so good user experience.
Read 6 tweets

@CelsiusNetwork annonce suspendre tous les retraits de sa plateforme pour une période indéterminée, privant ses utilisateurs de leur argent

3 minutes pour comprendre comment l'un des plus gros acteurs de la #CeFi est devenu insolvable 👇
👉Qu’est-ce que #Celcius ?
👉Comment en est-on arrivé là ?
👉La situation actuelle
👉Quel impact sur l’écosystème pour la suite ?
👉Les leçons à tirer de cet évènement (#DeFi > #CeFi)
👉Qu’est-ce que @CelsiusNetwork ?

#Celcius est une app vous permettant d'obtenir un rendement sur vos différentes cryptos

L'app appartient à ce qu'on appelle la “#CeFi

Vos fonds sont déposés sur les comptes d’une entité centralisée qui les gère ensuite pour vous
Read 33 tweets

Tu stakes tes $ETH sur @LidoFinance pour des bETH, tu les collatéralises sur @anchor_protocol et empruntes des stablecoins ( LTV de 70%) pour farmer avec du $LUNA en LP tokens grâce à la #DeFi, tu as un APY de 16%

Rien compris ? Le guide👇

L'airdrop est une stratégie marketing des startups #crypto pour promouvoir le projet. Il s'agit de distribuer gratuitement leurs #cryptomonnaies aux utilisateurs actuels ou potentiels.

Altcoin est un mot-valise composé de "alternative" et "coin" pour former "altcoin". Il désigne en réalité un groupe de #cryptomonnaies , l'ensemble des monnaies virtuelles autres que le #Bitcoin
Read 62 tweets
How to earn almost $700- $985 / year on #Binance by just staking $5000 worth of a stablecoin?

No any bank can give you such interest rate

Here is a mini thread-probably your bank will not like👇🧵😀

It's like putting your money in a bank fixed AC while earning passive income
Today #Binance launch $UST staking with up to 19.63% APY interest

Terra USD $UST is an algorithmic stablecoin that is pegged to USD

You can stake $UST on DeFi protocol (Anchor) -and now it's on CeFi (Binance)

Here are the steps to follow to stake $UST on Binance
1️⃣ You need to have $UST on your Binance account

How to buy/Deposit $UST on Binance?

1. Buy $USDT via fiat
2. Convert that USDT to $UST
Read 11 tweets
Weekly Recap
#BNB Chain continues to see adoption as it approaches 3 billion transactions.
Second batch of #Cronos ecosystem grants announced.
Read 21 tweets
Borrowers are rewarded & savers punished.

Both #CeFi & #DeFi's financial elite have mastered "strategic leverage". Banks themselves amplify $$$ w/ fractional reserve lending @ these rates below.

If you can't beat whale arbitragers, join 'em!
Learn how in this mega-thread🧵👇
2/ We'll be covering loans on:

- 0% Credit Cards
- Cars
- 401k
- Stock Brokerages
- Life Insurance
- Real Estate
- & On #Terra there's @anchor_protocol, @mars_protocol, @EdgeProtocol, @mirror_protocol

*(leverage amplifies the risk & reward potential of any investment strategy)
3/ In #DeFi, no one explains leverage better than @Shigeo808 aka "LUNAomics"

His Pinned Tweets discuss creating multiple "positive feedback loops" with tactics:

- To borrow against $LUNA
- To stack more $LUNA
- To borrow against $LUNA
- An so on...♾

Read 25 tweets
1) You all know I'm a massive fan of @ComdexOfficial and what they're building, right?

Dive with me into this thread and let me explain some things about $CMDX and why I believe this is going to be one hell of a journey!

Support is much appreciated champs. Let's go! ⚛️
2) What is Comdex? Comdex is a decentralized synthetics protocol in the Cosmos Ecosystem. Comdex aims to provide users access to commodity assets, on-chain, which have inherent and tangible value. Users can gain exposure to a range of synthetic perpetual commodity contracts.
3) Cool and all, but what does this actually mean? Comdex allows it's users to create and exchange synthetics known as C-assets. C-assets are on-chain derivatives that represent real world assets. Such as gold and silver. Because of Comdex these will be tradable...
Read 15 tweets
Before everyone posts theirs, let me come up with a few high-level #crypto predictions for 2022. These are just some personal thoughts around topics that I care about and, indeed, no investment advice. Will detail some of them later on.
#GameFi #NFTs $LUNA $RUNE #DeFi
Cross-chain interoperability will become a reality. The focus will change from underlying protocols and platforms towards dApps that will be built on cross-chain layers or deployed on multiple chains. Eventually, dApp users won't know and care what underlying chain is used.
Increased focus on applications also leads to more awareness about user experience (UX). This does not only include better UI design but also providing easy-to-use applications that solve real-world problems end-to-end. Think for example of built-in FIAT on/off-ramps.
Read 16 tweets
1/ Introduction à la #DeFi : Partie 1

En parallèle de l’ascension fulgurante des prix des cryptos, une réelle économie est entrain d’émerger.

La technologie sur laquelle se base cette dernière a le pouvoir de perturber beaucoup d’industries dans les mois/années futures.
2/ Parlons DeFi ! 1/2

La #DeFi ou finance décentralisée est l’un des secteurs de cette économie où il y'a les innovations les plus importantes.

C'est un projet qui vise à créer un nouveau système financier ouvert à tous et ne nécessitant pas d'intermédiaires comme les banques.
3/ Parlons DeFi ! 2/2

Pour y parvenir, la #DeFi repose fortement sur la cryptographie, la blockchain et les smart contracts.
Read 22 tweets
(1\46) I have discussed quite extensively on why I see $eGLD as the people’s #blockchain based on Tech & design that delivers #Decentralization #ValueSharing & #Inclusiveness. $CEL the people's #CeFi by giving 80% back to the user. I want to discuss Y this is so Important to
(2\46) long term success as it relates to the ever-changing landscape of technology & value accrual in #Crypto. The Internet in the 1990’s was the ability to exchange data & information on a global scale. This also allowed Apps to be built on top of the internet. Facebook,
(3\46) Twitter, Instagram, YouTube etc. The ability to exchange information & join communities of like mindedness (social media platforms).

The biggest issue with this was it was void of any real ability for the exchange of value or assets & the end user being able to
Read 46 tweets
Yeni floodum @LithiumFinance için geliyor ✍️
#DeFi ve geleneksel finans dünyası yakınlaştıkça, #DeFi de gerçek dünya varlıklarına sahip olma ihtiyaçları ve beklentileri de aynı anda büyüyor. Gerçek dünya varlıklarını merkezi olmayan bir şekilde fiyatlandırmak, #DeFi ve #CeFi yi +
birbirine bağlamanın en önemli aşamasıdır. Fiyatlandırılmayan varlıkları fiyatlandırmak için kolektif zekayı kullanan yeni bir oracle çözümü olan @LithiumFinance bu alandaki fırsatı görerek önemli bir oyuncu adayı olarak karşımıza çıkıyor.
@LithiumFinance protokolü gerçek dünyadaki varlıkları, özellikle de halka arz öncesi hisse senetleri, özel sermaye, sanat koleksiyonları, gayrimenkul ve diğer likit olmayan varlıklar gibi değerlemesi zor ve masraflı olan varlıkları fiyatlandırmak için kolektif zekadan yararlanır.
Read 16 tweets
Today in #Chainlink 🔗

"@chainlink Price Feeds were the ideal solution for our blockchain-based #CeFi exchange because their price data has extensive market coverage across all trading environments and robust infrastructure"

@CoinFLEXdotcom = Chainlinked…
"We’re excited to announce that @R3fiToken — will integrate #Chainlink Verifiable Random Function (VRF) starting with the #Binance Smart Chain soon to be followed with deployments to #Ethereum and #Polygon"

Randomly selected token winners…
"We’re excited to announce that @dolphinsfinance — Expert DeFi platform which aims to bring honesty and transparency in the Defi space— will integrate #Chainlink Price feeds in our lending/borrowing platform built on #BinanceSmartChain"…
Read 6 tweets
Today in #Chainlink 🔗

"We’re excited to announce that global weather and digital media leader, @AccuWeather, is bringing its world-leading weather data to blockchains by launching a @Chainlink node"

On-chain parametric insurance ⛈️🌡️🌤️…
"We are excited to announce that @KokomoSwap will integrate #Chainlink Price Feeds on #BSC mainnet to power our new Prediction Market (BETA) feature, providing our users a gamified experience in addition to a hassle-free DEX"

Feeds 🤝 VRF…
"Users can contribute $ETH to the @MyobuOfficial Fountain of Fortune contract, receive their tickets in exchange and then the winning ticket will randomly be selected from the list of pooled users via the #Chainlink VRF"…
Read 6 tweets
1/ I produce a lot of content. It's difficult for some to keep up with at times. Below, a list of some of my threads & important tweets for $EGLD & $CEL The Crypto Industry & Banking/Federal Reserve & Investing. Education is Freedom & Crypto is Financial Freedom. #cryptocurrency
3/ “Is @ElrondNetwork The Future Smart Contract Blockchain Market Leader?” (44 Page Research & Investment Thesis) $EGLD ⚡️
Read 53 tweets
@CurveFinance thread Pt.2 👇

While spoofing is possible through Curve, such activity can ultimately benefit LPs. Arbitrage on the Curve DEX is also lucrative for traders.

@CurveFinance's liquidity pools:

Total LPs: 42,801…'s real-time interactive charts:

Curve's at the top of the leaderboards for DeFi-DEX TVL.
Curve's total deposit base as of Feb 2021:

Read 40 tweets
Lots of people asking for my opinion right now... here's a quick and dirty thread 👇
First, think about what caused the rally since October 2020:

1) Low rates / low dollar

-- still very much in tact even though there are taper talks and inflationary data, rates and the dollar still have not reacted, which is still very bullish for risk assets
2) Inst money coming into the market

-- Inst money doesn't come faster or slower based on price moves. Those trying to deploy will still deploy, and they are. Though $GBTC & $COIN may have been leading indicators, as downward px moves show inst money was already slowing
Read 15 tweets
10 signs $ETH is well on its way to $10k 👇🏼
#1: Ethereum dwarfs every blockchain in terms of fees paid, with a current run rate of nearly $7 billion -- confirming massive demand for $ETH block space.
#2: Ethereum settles $30.5 billion worth of value per day, far more than Bitcoin and every other blockchain -- to put this into context, PayPal settles ~$2.5 billion daily.
Read 12 tweets
Single sided pooling: full risk on exposure, full upside & downside coupled with yield + protocol incentives

Stable coin pair pooling: muted upside & downside, more stable $ valuation coupled with yield + protocol incentives
Asset pair pooling: muted upside & downside, more stable $ valuation than a full risk on position, but less $ stable than when pairing with a stable coin. Yield + protocol incentives, no doubt.
Three different major components for a strategic yield bearing portfolio. Aside from volatility risk, protocol risk are notable. Allocation to a single protocol carriers more risk can diversifying amongst several. Also worth mentioning are the #CeFi protocols.
Read 4 tweets
11 signs $ETH is going to blow past its all-time high 👇🏼
#1: Ethereum continues to dwarf the entire crypto space in terms of fees paid ($7.25m daily avg) -- proving it's the most useful network in the world. Source:
#2: The number of large $ETH transactions (>$100k) is 7x smaller than during its 2018 ATHs -- a sign that whales and institutions still haven't entered the game.
Read 13 tweets
$SNX vs $SYN thoughts:

1) Not a war. I like them both

2) I think they can coexist (at least for a time)

3) $SYN will be on ETH's main chain

4) $SNX will be on an L2... at least until ETH 2.0 fully launches
5) $SYN = a very simple way to get leverage. It's literally like buying a leveraged ETF in your brokerage account. not such how it could possibly be any easier

6) $SNX = more sophisticated & will prob cater to more pro traders. it will be faster and may have a range of leverage
7) Both projects face big risks ($SYN dev is anon + contracts unaudited)

8) Both projects could lead to big rewards

9) Sometimes, simplicity wins

10) $SNX is far from a newcomer... Check out why I like it so much...

Read 4 tweets

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