Thread by @Cooopahtroopa

<$10M tokens are seeing a renewed hayday as $ETH continues to soar.

Quick look at some of the top gainers from the past two weeks ⬇️

1) $INDEX by @indexcoop 🦉

Community-driven index management. Recently kicked off Meta-Governance, allowing $INDEX holders to vote on behalf of the underlying $DPI assets.

Current MCap: $5M

https://twitter.com/indexcoop/status/1329180373184495616?s=20

2) $ROOK by @Keeper_DAO ♟

Arb-mining + liquidation bots tied under one siege tower and governed by $ROOK. $1.1M and counting in protocol fees

Current MCap: $6M

https://twitter.com/Keeper_DAO/status/1329968990853099520?s=20

3) $DHT by @dHedgeOrg

Decentralized fund management whereby alpha kings earn 90% of fees and 10% goes to $DHT treasury. Still unclear if social trading scales but at least it now has a governance token.

Current Mcap: $5M

https://twitter.com/MapleLeafCap/status/1327641619751956484

4) $SFI by @saffronfinance_ 🦂

Risk-adjusted liquidity pools allowing apes to earn higher APY in exchange for insurance in the event of being rekt by staking $SFI.

Current Mcap: $28M 😳

https://twitter.com/saffronfinance_/status/1328122990622629893?s=20

5) $MPH by @88mphapp 🛹

Fixed-lending protocol featuring 10% withdraw fee on interest earned. Features liquid floating rate bonds while $MPH is staked for protocol fees.

Current Mcap: $10M 🧐

https://twitter.com/88mphapp/status/1330083929550954496?s=20

Key takeaways:

- The lower the liquidity mining APY, the higher the moon
- Those with no tokensale or Pool2 have historically performed best
- With new projects, be prepared to lose 100% of original position.

Honorable mentions: $ZLOT $NSURE $KP3R $COVER $SEEN $OCTO 🤫

Disclaimer: All the tokens above have had huge run-ups. Most if not all are highly experimental and subject to extreme volatility.

Please let this thread shine insight into parallels that have served well, not as trading suggestions.

Stay safe out there!