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0xRafi

@0xRafi

28 Mar

@AlchemixFi

1/ $ALCX @AlchemixFi (alchemix.fi)
This one most of you already know, but their product is so unique and there’s so much bullish stuff coming for Alchemix that it still deserves a thread. Because come on, loans that repay themselves! What’s not to love about this?

@iearnfinance

2/ To put it in more accurate terms, $ALCX actually gives you an advance on the future yields on your deposits. So imagine depositing funds in a @iearnfinance vault, but instead of seeing your yield returns grow over time, receiving an advance on these yields right away.

3/ Alchemix does this precisely by depositing funds on yearn vaults, so that these funds can generate yield, and by minting a synthetic stable coin alUSD that users receive in exchange of their deposits, and that represent the advance on future yield.

Read 23 tweets

0xRafi

@0xRafi

23 Mar

@ElasticDAO

1/ $EGT @ElasticDAO (elasticdao.org). A super innovative approach to governance, an elastic token backed by $ETH reserves, some brilliant game theory, and an amazing team including former @SushiSwap devs..

This is the most excited I’ve been about a project in a while..

@ElasticDAO

2/ @ElasticDAO is a platform to manage decentralised organisations and make governance fairer.
Projects will be able to launch their DAOs and governance tokens through the platform, and ElasticDAO itself is the first of them all, with $EGT as its governance token.

3/ IMO, ElasticDAO’s solution to governance achieves three main goals. It is whale proof, it is free-rider proof, and it is very much a “skin in the game” approach where token holders are directly incentivised to participate and contribute to the project’s success.

Read 23 tweets

0xRafi

@0xRafi

17 Mar

@DIGITALAX_

1/ $MONA

One of the many innovations in @DIGITALAX_'s NFT gaming ecosystem that we didn’t have room to cover in our joint thread with @CryptoSpider1, is the possibility for top gamers to get sponsorships from major brands and to use their branded digital garment NFTs in-game.

@ESPA4play

2/ Successful gamers within the @ESPA4play platform can be voted by $MONA token holders to be eligible to receive in-game fashion brand sponsorships through a quadratic funding vote (meaning 10 people voting with 1 $MONA have more voting power than 1 person voting with 10 $MONA)

3/ The fashion brand will then fund $MONA amounts to a Player Development funds pool, which will be used to sponsor the selected players both through $MONA pay-outs and by providing branded digital fashion skins for them to wear in-game.

Read 6 tweets

0xRafi

@0xRafi

16 Mar

@InverseFinance

1/ $INV @InverseFinance (inverse.finance)
- A "Deposit X / Earn Y" yield earning product
- An innovative lending protocol based on a mixed synthetic/credit stable coin
- A star lead dev
- And one of the most active community governances in Crypto...

@NourHaridy

2/ Inverse Finance is one of the most promising projects in #DeFi right now and for good reason.
It is on track to establish itself as a major DeFi primitive after barely 3 months of existence and its founder @NourHaridy counts @AndreCronjeTech among his earliest supporters.

3/ Most of CT probably knows $INV as the largest airdrop in crypto history. 80 $INV tokens were sent to early supporters, and were initially non-transferable and to be used for governance only. But as the tokens later became transferable, that airdrop is now worth over $100k pp

Read 26 tweets

0xRafi

@0xRafi

12 Mar

@Polkadot

1/ @Polkadot $DOT #parachain
With all the excitement around the upcoming launch of parachains, I thought it would be a good time to do a TLDR on what they are, how they work, some of the main projects launching parachains, and how all of this will co-exist with other chains...

@Polkadot

2/ At its core, @Polkadot will be an infrastructure layer for Layer 1 blockchains, with a Relay Chain acting as a base security layer (a “Layer 0” chain) and multiple parachains (parallel chains) attached to this Relay chain and benefiting from its security and interoperability.

3/ This is similar to an ETH 2.0 type sharded network, but while on ETH 2.0 all shards will be substantially similar, on Polkadot each parachain can be completely different, using different consensus mechanisms, different (or no) native tokens, or concentrating on specific apps.

Read 24 tweets

0xRafi

@0xRafi

6 Mar

@TryPlotX

1/ $PLOT, @TryPlotX (plotx.io)
Here is the “Uniswap for Prediction Markets”, an undervalued project ($3M MCap) offering AMM based prediction markets, with a proven experienced team, soon to be launching their brand new version on @0xPolygon’s L2.

2/ Imo, the reason for such a low current valuation is that high gas fees resulted in their product becoming unusable. However, all this will change by the end of March as the team will be releasing PlotX V2 on ETH L2s, with effectively gasless transactions for the final user!

@0xPolygon

3/ The platform will go live on @0xPolygon (ex Matic) before the end of March, and the team confirmed in a recent AMA that it will also work on @optimismPBC & zkRollups, and will include fiat on-ramps directly to their L2 platform, making new user onboarding a whole lot easier.

Read 23 tweets

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