1. Let me organize the threads more to spread the word of $ftm and #DeFi! In here you can find all the threads that i wrote. There are more to come!
Firstly this:
1. Before trying to come up with solutions, we need to identify problems first. Even though i am still invested mostly in #fantom protocols, it’s not hard to see why some people are not believing that’s the right choice.
In this thread, i’ll try to identify them.
$ftm
2. False promises by pnd influencers.
People tend to believe simpler arguments.
My 15 tweet thread may not sound too ecstatic to some, but “FTM COINBASE SOON” can get hundreds of likes.
It can result in a short term pump, but after it comes out false info, it dumps harder.
1. Hello everyone again. This will be a thread on different tokenomics, their pros/cons.
I'll try to explain as easy as possible.
Let's start!
2. At first stages of #DeFi ,as many of you know, tokens were "valueless" governance tokens. They were just there to vote on the future of the protocol, vote on how to spend treasury etc.
But that didn't attract the new investors, so different models came up.
3. a) Buyback/Burn
The model is pretty simple. Protocol generates revenue, this revenue is used to buyback token from the market and burn it.
If protocol generates too much revenue, buybacks will increase, token value goes up. And you don't need to stake or anything. Just hodl
1. As #fantom ecosystem grows, @TarotFinance is killing it after $xTAROT implementation.
So it would be unfair not to talk about them!
Let's start!
2. Tarot started as a fork of @ImpermaxFinance, @TigrisOfGaul did almost everything as a one-man army, and not just as a developer, but also as a communication manager on discord.
Thanks to the #fantom community support, it passed the original protocol almost instantly.
3. If you don't know how protocol works, i had a video about it, you can watch it here:
The APRs are generally the best among the ecosystem as every pool is different from others.
Been in the space since 2015, but it was never this intense so i wanted to share my experiences.
2. Mathematics and algorithm matter.
When you first encounter a new project, always try to look to the documentation, make sure you understand why that project/token is undervalued based on calculations.
It’s not easy to do, but try to generate a general formula for it.
3. Compare those projects to competitors, try to realize how much potential market it has.
Traditional finance’s valuation approach doesn’t always work here in crypto space, but basic models such as supply/demand will always work.
1. Hello everyone again! It's been a while since i wrote a thread, but here we are!
This time i'll try to express my feelings about #NFTs and what i think they are.
Let's start!
2. I always try to explain things based on the everyday use and traditional space. For example I try to evaluate cryptocurrencies as currencies of the countries, defi tokens as stocks.
3. For example let's take $ftm.
There is a country called Fantom and you pay taxes with $ftm. The more that country grows, the more people pay tax and the more the demand grows for $ftm.
If the infrastructure is good, people will build businesses in the country.