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15 Apr, 8 tweets, 3 min read
1/ Looking forward to the @polkadomain $NAME public sale taking place tomorrow. PolkaDomain is a Decentralised domain name service (DNS) powered by Polkadot, through which users can convert their hexadecimal blockchain wallet addresses into unique readable .pd addresses.
2/ Where @polkadomain stands out compared to existing DNS solutions such as ENS, is that it leverages Polkadot’s cross-chain architecture to allow for .pd addresses to be used across multiple blockchains and easily support cross chain transactions.
3/ So for a tx among .pd domains where the sending and the receiving addresses are on different chains (eg from Polkadot to Ethereum), PolkaDomain automatically generates cross-chain data using Polkadot’s XCMP, completely abstracting the cross-chain mechanics from the final user.
4/ Each domain name will be represented by an NFT, and PolkaDomain will also offer a NFT / Domain market-place, making domains easily tradeable. Through the market-place, domain owners will be able to sell domains either at fixed prices or through auctions.
5/ The $NAME token will be the platform’s governance token, and will be required for paying domain name registration/renewal fees and market-place fees. By staking $NAME tokens, users will also have priority access to exclusive domain names.
6/ The max supply of $NAME tokens will be 10M, and the circ supply at launch will be 937k (excluding #uniswap liquidity), putting initial circulating market cap at an impressively low $150k (FDV $1.6M!), probably a record low for such a high profile @Polkadot ecosystem project
7/ It is also worth noting that PolkaDomain closed a $400k strategic funding round with major funds such as @NGC_Ventures, @capital_spark, @linkpadvc, and MetaConstant, so the project can also count on very strong backers.
8/ The $NAME public sale (for whitelisted addresses only) and Uniswap listing will take place tomorrow at 1pm UTC, so this is certainly a launch to follow closely.

More details on the project and token metrics in the article below:
polkadomain.medium.com/polka-domains-…

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More from @Rafi_0x

Rafi_0x Profile picture
15 Apr
1/ $DOUGH @PieDAO_DeFi (piedao.org)
PieDAO offers fully decentralised market weighted token indexes (the equivalent to crypto ETFs), some serious innovation such as PieVaults and Ovens, a major partnership with NFTX, and is still only at $14M mcap... Image
2/With PieDAO, you can for example invest in a weighted portfolio of DeFi bluechips ( $AAVE, $MKR, $SNX, $YFI ..) through the $DEFI+L token, in a basket of smaller/high growth DeFi names ( $BAL, $REN, $UMA, $LRC ) through the $DEFI+S token, or on a 70/30 mix of both with $DEFI++ Image
3/ Another PieDAO favorite is $BCP (Balanced Crypto Pie), with the ultimate “buy it and forget it” portfolio allocation: 1/3 $WBTC, 1/3 $WETH and 1/3 $DEFI++.

I seriously suspect most people would do better by just buying and holding $BCP than by actively trading…
Read 23 tweets
Rafi_0x Profile picture
12 Apr
1/ $SOME @MixsomeCash (mixsome.cash) is a promising project that will be coming out soon.

Mixsome will be a user friendly, low-fee solution to go from fiat onramp to deploying complex DeFi strategies in a few clicks, making DeFi more accessible to the general public.
2/ Mixsome will allow the execution of investment strategies (“DeFi flows”) by wrapping up multiple transactions into a joint transaction executed by a single smart contract. And where it gets very interesting is that Mixsome will use xDai to execute part of these transactions
3/ By using xDai, they will drastically reduce gas fees for users. A strategy that would usually involve 3 or 4 gas hungry txs on ETH L1, will now involve two simpler bridging txs (to get in and out of the xDAI sidechain) and all the remaining complex txs will happen on xDAI.
Read 12 tweets
Rafi_0x Profile picture
11 Apr
1/ Amazing news @kickpad_org $KPAD's 2nd IDO will be @MistNft, the first open world action RPG game (think Diablo or Runescape) centered around NFTs.

Reading through the details, it’s really impressive how well #NFTs and $MIST tokens will be integrated into the game-play.
2/ For starters, anything from weapons, to armour or spells will be represented by NFTs that can be earned through in-game events, slaying monsters, etc. These NFTs can be bought & sold both through in-game auction houses or through the usual off game NFT market places.
3/ $MIST is the in-game currency which can be used to buy NFT items, buy farmland or businesses to earn yield from them (quite the literal definition of yield farming), and much more

$MIST can be earned by completing missions, slaying monsters, selling NFTs, etc
Read 6 tweets
Rafi_0x Profile picture
3 Apr
1/ $AC @NUTSFinance (acoconut.fi).
Here is a low-cap gem that is bringing cross chain liquidity and yield aggregation to $BTC, with a platform already live on Ethereum and BSC, and more blockchains to come.
This is a <$10M MCap, $BADGER ($326M) meets $MTA project...
2/ Just looking at the team and some of the project’s backers, we can see that @NUTSFinance has high ambitions. The team includes former managers/partners/employees of S&P Global, China Growth Capital (VC fund with over $1.2bn AUM), Google and Yahoo, to name a few.
3/ Angel investors include the co-founder of $DODO and the former head of Apac for @Ledger, and in February the project received a $500k strategic investment from @Block_Ark. Considering this was an under $5M MCap project at the time, this is a major vote of confidence.
Read 25 tweets
Rafi_0x Profile picture
29 Mar
All my fundamental analysis threads in one place...
$ALCX @AlchemixFi (alchemix.fi)

$EGT @ElasticDAO (elasticdao.org)

Read 17 tweets
Rafi_0x Profile picture
28 Mar
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?
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

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