Thread by @iamDCinvestor

@RaoulGMI I only need once sentence for each of these:

$AAVE will be the world's largest bank & asset lender.
$SNX will be the world's largest synthetic asset provider.
$UNI will be the world's largest exchange.
$YFI will be the world's largest asset allocation protocol.

@RaoulGMI OK, I'll give you some paragraphs too @RaoulGMI 👇

$AAVE is one of the leading asset deposit / lend protocols. #1 in TVL (Maker ahead, but that's a CDP protocol for DAI). Team busts their butt to add new integrations with other protocols and to build bridges into real world.

@RaoulGMI IMO, $AAVE is probably my top pick to be the most valuable protocol in DeFi for the near future.

It and other lending protocols will act like huge billows, bringing in real world liquidity (as USD) to fuel people going long on crypto in DeFi (as they can continually earn yield).

@RaoulGMI BUT once that liquidity is in DeFi / crypto as a result of platforms like $AAVE, I expect that a lot of it is going to stay.

That's the interesting part of all of this, and IMO will be a huge valuation driver for DeFi overall.

@RaoulGMI $SNX is the leading synthetic asset platform on Ethereum. That alone is interesting, but check out their recent integration with Curve where Synthetix Synths are being used as a fungible cross-asset liquidity layer.

@RaoulGMI Basically, any Synth can be converted to another synth without any slippage.

This allows for BIG swaps between assets with potentially no slippage.

IMO, big freakin' deal.

https://twitter.com/charlie_eth/status/1350816528598519814?s=20

@RaoulGMI $UNI is the largest DEX in the space, and as Hayden noted is already #4 in spot volume versus CEXes.

But DEXes can get MUCH bigger than CEXes, IMO, because:

https://twitter.com/iamDCinvestor/status/1351888492226293764?s=20

@RaoulGMI Finally, $YFI is the leading "set it and forget it" deposit protocol. In a space that's all about yield, Yearn automates the seeking of it for users across other DeFi protocols.

Yearn is also increasingly becoming a "family" of vertically integrated protocols.

@RaoulGMI Where will that all lead? TBD, but IMO, there is great value which could be tapped here. And the community is mega strong.

The vision of Yearn is about making assets productive and helping users earn yield. When considering what's possible on chain, it's practically limitless...