Discover and read the best of Twitter Threads about #Defi

Most recents (24)

#DAOs enable rapid allocation of value for influencing human action through on-chain democracy. We can incentivize the change we wish to see in the world.

👇🧵 👇 Image
Mahatma Gandhi changed the world. He led non-violent protests that catalyzed a generational movement for Indian independence…. He said:

> Be the change you wish to see in the world.
He meant that people should take action in their own lives to change things they felt should be changed. If the world does not conform to our expectations, we should take action to make it so.
Read 25 tweets
$link A short 🧵:
The market hasn't worked out where the long term value capture is. The oracle problem is worth more than all of crypto combined😲

#web3 #defi #crypto #cryptocurrency
#link #btc #eth
>Blockchain = Computer
>Blockchain + Oracles = Computer + Internet
>Blockchain + Oracles + DECO (CL component) = Computer + Internet + TLS/SSL

$link is Layer 0 (see CCIP), the blockchain of blockchains without a blockchain.
Abstraction layer that will be used by everyone, in the end crypto = the "Chainlink Cloud" and everything else will be plug-in's and adapters to said cloud. $link building the worlds first trust network which is an extension layer to the entire Internet.
Read 4 tweets
XQUI measurable utilities — what are they?

This thread is devoted to something the team has been working on for 4 months. Yes, we are courageous enough to provide utilities, we are not artists with names, we are not money hunters, we are product builders. Let's go through them!
💎1/ Unlimited Alpha Hub Access: NFT, DeFi, and General Research

All XQUI holders maintain exclusive access to crypto research, conducted by XQUI's analytic team: #NFT calls/alerts, #DeFi farming, airdrops, undervalued tokens, #NFT WLs, private investments, and more.
💎2/ NFT Staking

XQUI Finance is a DeFi protocol that unites DeFi & NFT landscapes offering a full suite of utilities like XQUI NFT staking, $xXQUI token locking, and DAO mechanics. All holders of the Genesis NFT can stake and earn up to 35% APR in $XQUI tokens.
Read 8 tweets
Congratulation @oceanprotocol for the successful launch of #veOCEAN! 👏👏

So, what’s next? 👀

The launch of veOCEAN is a much-awaited event for the H2O community.

1/12 🧵
@oceanprotocol Our roadmap v2 outlines the big changes coming to the protocol, starting with psdnOCEAN.

Let’s answer some common questions for a better understanding of what’s ahead H2O. 👇

2/12 🧵
@oceanprotocol 💥 What is psdnOCEAN?

psdnOCEAN will be the liquid staking wrapper for veOCEAN. It will allow holders to lock their OCEAN via psdnOCEAN contract and benefit from it in several ways. 💸💰

3/12 🧵
Read 12 tweets
$MIOTA has been one of the best performers in the @COIN360com top 100 list with a 9.2%% daily gain and 21% weekly gain.

What powered such a price surge in a bleeding market? #IOTA 2.0 with @shimmernet, #Stardust, and more @iota developments.

A 🧵 👇

1/ What is @iota?

A distributed ledger built for the "Internet of Everything" for exchanging value and data between humans and machines.

It uses Tangle, a structure where newer txs verify the older ones, for parallel validation of txs without requiring total ordering.
2/ It offers a network that is:

- Secure: the whole system is distributed across many network participants -> no single point of failure or attack

- Feeless: no txs fees charged, but $MIOTA holders can secure prioritized txs if the network reaches capacity limits
Read 25 tweets
A new #RealYield opportunity with the launch of The Hoarder from @hoardusdh.

Delta neutral 10 to 25% APY #RealYield for stakers.

Basically an attempt at a legitimate #DeFi savings account!

Here's an overview of how it works; risks, rewards, pros and cons. 1/20
$USDH is a fully decentralized #stablecoin backed 1:1 by a basket of censorship resistant stables: $MIM $USDD $sUSD $LUSD $FEI

I wrote a detailed thread on @hoardusdh (below). This thread focuses on how the protocol generates #RealYield

Before we start it's important to understand what #RealYield is in #DeFi.

Is it another fad/buzzword or is the future with protocols with a real product and use case generating real revenue 🤔

Open to debate. This thread is a great place to start.

Read 20 tweets
Introducing @Dosa_Pass by @Dosa_Coin

@Dosa_Coin is a web3 protocol that enables holders of $Dosa token to vote for how the Dosa Treasury wallet is spent. The protocol’s name originates from Dosa, a Korean Mastiff Breed known for its dignified, easygoing, good-natured…. Image
… intelligent and loyal characteristics. These characteristics form the core values of @Dosa_Coin

@Dosa_Coin is developing a community-funded Treasury, the Dosa Bomb Wallet, from which projects (crypto and NFT) can be bought for community gains.
Holders of $Dosa (Dosa Fuse) can vote on which projects or where the Dosa Bomb Wallet is Spent.
Read 8 tweets
I recently discovered a new manner to DCA your way into assets with a discount of 10 - 15%. An additional benefit here is that you, as a user, will contribute to the stability and longevity of the protocol as well.

/1 The protocol that can be used to DCA your way into a new asset is @vestaxyz which is a stablecoin issuer on Arbitrum. Here’s a thread I wrote earlier about this project.

/2 Users can open a vault and mint $VST with these assets as collateral but must maintain a Minimal Collateralization Ratio (MCR) above these percentages to prevent liquidation:
⁃$ETH - 110%
⁃$renBTC - 110%
⁃$gOHM - 150%
⁃$GMX - 150%
⁃$DPX - 150%
⁃$GLP - 120%
Read 15 tweets
As a dev, have you ever had difficulties borrowing funds from a LP whose assets are on another chain?

As an investor/LP, have you ever experienced difficulties lending assets to a dev on another chain?

Join me as I discuss @RDNTCapital’s Solution to Fragmented Capital in #DeFi Image
The fragmentation of capital across multiple chains has been a major hurdle for lenders and borrowers seeking to lend and borrow fund/assets.

Lenders have to choose a chain to provide funding from, and their assets must remain in that chain. For instance, a lender whose assets…
… are on the #Eth chain can only provide funding to a borrower on the same chain. This results in an inefficient lending and borrowing system in #web3.

@RDNTCapital solves this by developing the first true cross-chain lending protocol, where users can deposit any asset…
Read 8 tweets
1/ Learn & Earn is a great way to spend the bear market.

Popularized by Binance, Coinbase and CoinMarketCap campaigns, they offer rewards for learning about #DeFi or NFTs.

But two projects are bringing this concept to a new level🧵
2/ The 1st one is Rabbit Hole @rabbithole_gg

It curates high quality Web3 projects to help users learn about DeFi, NFTs and DAOs.

For example, $DYDX is currently running a campaign for $50 USD and “Quest Hedgie” NFT rewards.
3/ Every time a user completes a task, the participation is recorded on-chain to build RabbitHole Credentials.

These are soulbound NFTs proving your knowledge and experience in Web3.

It's like your on-chain CV helping 'crypto projects find the right person for the right job'.
Read 12 tweets
Is your #crypto safe? How do you keep them secure from hacks and scams? 🔒

We've compiled a MASTER guide with the best security advice from experts on Crypto Twitter! 🧵👇
In this thread, we'll cover how to stay safe while using the following:

• Crypto wallets
• Smart contracts
• DeFi
• NFTs
1/ Crypto wallets
• Understanding concept of "custody" with @jump_
Read 13 tweets
I said a few days ago that there were triple digits APY on stable coins in a blue chip. Well, @kava_platform posted it but currently the APY has been going down and sits around 24.8% and up too 47,17% APY.

But hey, decent yield + stables am I right?
/1 We all know @CurveFinance as the well known stable swap AMM which allows 1:1 assets to be swapped in an efficient manner with low slippage. Curve recently expanded to the @kava_platform ecosystem. So what's the TL;DR on Kava?

/2 @kava_platform is a L1 within the IBC-ecosystem and is unique since it's one of the few blockchains that simultaneously support the EVM as well. Now with the core infrastructure being built out, it's time to create a flourishing ecosystem and attract both users and TVL.
Read 14 tweets
September 22, 2022: Lender's Game💳🦈
How On-Chain Lending Protocols Thrive
+ @VendorFi Deep Dive…
As Reverse Human Technical Indicator @jimcramer is fond of saying: "There's always a bull market somewhere."

In our down only economy, it's a bull market for good ole' fashioned debt!

On-chain debt protocols are also thriving. You can even lend your jpegs!

Though on-chain hasn't solved under-collateralized debt, we're still seeing some big innovations to the experience. Notably:
Read 13 tweets
Some clarification w.r.t. #SuperHodl based on comments I've seen recently from the fam.

Short thread.
Zero Protocol is not the same as #SuperHodl:

Zero Protocol is a @RSKsmart smart contract that you can interface through @SovrynBTC's #DeFi platform.
It mints $ tokens (ZUSD) against your #bitcoin, and you are the counterparty. Therefore, 0% interest, no payback term.
#SuperHodl is a trading algorithm that leverages several @SovrynBTC platform products; notably Zero and a lending pool.

- Takes out a $ loan against #bitcoin
- Puts the $ in a reserve to gain yield over time
- And computes every day if an action is necessary by the borrower
Read 8 tweets
#Shimmer launches in a week but what can you expect from it?

I spent my day researching #shimmer and here is some EXTRA info I thought might be useful

Let's dive in 👇

#Iota #shimmer @iota
#Shimmer will accompany #IOTA on its path to becoming a fully decentralized, programmable multi-asset ledger.

Making its prime entry into Defi

The series of upgrades that will first be introduced on #shimmer are ↓
1/ Programmable multi-asset ledger, with the introduction of output types and tokenization on the base layer.

2/ Smart Contracts, with the introduction of IOTA Smart Contracts; agnostic multi-chain smart contracts are fully EVM-compatible
Read 11 tweets
They always say to "#DYOR"... But how exactly? 😕

Here are 9 must-have #crypto analysis tools to bring your trading game to the next level 👇
1/ @DefiLlama
• A multi-chain dashboard that tracks the most popular protocols by total value locked (TVL).
#TVL is one of the most critical metrics for assessing the popularity of a protocol. Image
2/ @DuneAnalytics
• A community-driven data powerhouse that allows users to query the blockchain using SQL.
• You can search for specific crypto projects, or browse trending projects.
• How to use it: Image
Read 12 tweets
There's a new #stablecoin coming to $ETH mainnet. It will be immutable, governance free, fully collateralized, and includes some fun PVP & #NFT elements.

In this thread, I'll briefly go over what @DYADstable is, how it works, and what to expect come launch. 👇
First, lets try to identify the ideal stablecoin protocol/design in order to better understand Dyad's design. The ideal stablecoin will balance Supply and Demand side dynamics, creating a Dyad between the two.
For the Demand Side, a stablecoin protocol needs to:
- Be stable
- Be decentralized and immutable
- Be redeemable for $1 worth of collateral at any time
- Maintain overcollateralization to absorb extreme volatility
Read 33 tweets
The area where #DeFi and #NFTs meet is growing. But how does it look rn?
I would be keen to divide it in DeFi solutions that use NFTs, and NFT collections that use DeFi solutions.
And I think the terms #fNFTs and #NFTfi could consolidate to describe each type, respectively.
1/ Image
>>> Financial NFTs #fNFTs <<<
These are DeFi solutions that use NFTs to represent more complex positions than just holding an ERC20 token. They can represent a claim to a financial position in a SC or even have actual ERC20 tokens inside the NFT 🤯
Let’s see some examples:
@Uniswap v3 positions might be the OG #fNFTs, where an NFT is minted upon depositing liquidity to capture the range in which the user decides to LP.
@RevestFinance general purpose NFTs for yield generating assets.
@SolvProtocol’s semi fungible tokens.
Read 14 tweets
"According to crypto analytics firm Arkham Intelligence, the hack took place within a 45-minute window and is the seventh-largest in #DeFi history"

Our friends at @DefiantNews covered our research on yesterday's $160 million @wintermute_t hack

Links to our research in thread 🧵
Read 3 tweets
The Wintermute Hacker’s Next Move♟️

Following today’s $160 million Wintermute exploit, the hacker deposited nearly all of the obtained stablecoins into Curve's 3pool

It is likely the hacker did this to avoid having their $USDT and $USDC blacklisted by Tether & Circle. Image
Now that the stolen tokens are deposited into the pool, they can no longer be blacklisted.

However it remains unclear what the hacker's next move will be.
Though they may choose to redeem $DAI with their 3CRV, which cannot be blacklisted, such a move would be straightforward to trace on chain.

The Polynetwork hacker was the last to use the @CurveFinance 3pool in this way, in the 2nd biggest #DeFi hack in history. Image
Read 6 tweets
📢 OctoSei RFP no. 4 📢

We're partnering w/ @Cryptocito @strangelovelabs and @Galileo_xyz to lay out great developer opportunities. Our team can provide engineering help and offer VC funding for strong teams.

This week we're highlighting Lending and Borrowing Image
Lending and borrowing continues to be a steady, core function in DeFi that provides the bedrock for a variety of other activities

dYdX and Sei launching on Cosmos over the next few months will lead to a burst of derivatives activity.
One of the core ingredients for high quality derivatives is seamless, cross margining.

Sei will work with a core lending solution to offer tightly integrated margining across the derivatives apps built on Sei, offering an experience that rivals CEXs.
Read 5 tweets
The @wintermute_t #DeFi algorithmic market maker was hacked for a whopping $160 million!👀

The CEO of #Wintermute has come forward with a statement confirming the attack.⚠

There is a silver lining in the whole situation, however...👇
The #DeFi portion of the @wintermute_t platform was the one under the attack.💸

The #CeFi and #OTC platforms remain safe✨

@EvgenyGaevoy, the CEO of #Wintermute has also reassured lenders and investors that it is very much solvent despite the attacks.👑

This attack is one of the largest attacks on #crypto institutions this year in terms of value lost.💰

The silver lining:💎

At least the platform still has more than $320 million as #equity, thus securing the solvency and any #liquidity problems.⚡

Read 5 tweets
New to #Algorand? Check out all these videos to get you up to speed!

Heads up, this thread may be absurdly long!


🧵 1/ Image
Let’s start with #Algorand #DEX’s

@pact_fi interview:

@HumbleDefi interview:

@AlgodexOfficial interviews: ,

Older @HumbleDefi interview:

@algofiorg ⬇️
🧵 2/
Onto #Algorand #Lending protocols! (And @AlgoFoundation #defi governance options)

@FolksFinance interview:

@algofiorg interviews: ,

@algogard interview:


🧵 3/
Read 22 tweets
The relationship between the #EthereumMerge and #DeFi is a fascinating case study for a changing economic ecosystem.💎

And @variantfund's Twitter Space dove deep into how the #merge affects #DeFi.✨

Here is the summarized version:👇
The space was conducted by @variantfund and @eulerfinance.⚡

@spencernoon, @gham1lt0n and @Derekmw23 represented Variant.💰

@MacroMate8, or Seraphim, the head of risk at Euler, was the Euler side's representative.👑

@variantfund @eulerfinance @spencernoon @gham1lt0n @Derekmw23 @MacroMate8 @MacroMate8 first laid out what the long-term focus of @eulerfinance would be.👀

Euler will focus more on #Oracle technology to improve smart contracts.💎

This is why the #Euler team has added @chainlink support to the ecosystem.🤝

Read 13 tweets

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