$YFI's quarterly report and new dashboard showcase some impressive numbers and only further solidify what a sleeping giant @iearnfinance is.

I see $YFI market cap at easily over >6bn (4x from here) in the next few months and here is how I get there.


1) $YFI is able to grow yVault revenue month/month at below historical avg of 80% (likely conservative given $YFI constantly rolling new strategies)

2) Maintain $500k in treasury farming revenue and assume no growth in monthly revenue there

3) Trade at 40x Rev
Another interesting thing to point out is the fact how resilient TVL was despite massive correction in crypto over last week.

Perhaps users are a lot stickier than anticipated and this paves the way for exponential growth given $YFI has a base to continuously grow off of.

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More from @HighCoinviction

16 Apr
Cosmos is home to a booming $100bn+ ecosystem that includes Binance, Terra, and THORChain.

Many overlook Cosmos due to misconceptions that value doesn't accrue to $ATOM.

However, upcoming upgrades change this story and $ATOM will be at the center of the Cosmos ecosystem.

First a quick overview of Cosmos.

Cosmos consists of various independent blockchains that follow a hub and spoke topology.

Hubs = Router of information for zones.

Zones = Application specific blockchains.

They communicate through an interoperability standard called IBC.
Cosmos provides a development kit (Cosmos SDK) for developers so that they can build application specific blockchains (zones).

Blockchains built with the Cosmos SDK have the ability to customize their chains to optimize for their use cases (ie Thorchain = cross-chain liquidity).
Read 15 tweets
27 Mar
$OHM has the highest potential of the non-pegged stablecoins to 5x within a month.

It trades at a significant discount to peers despite having a similar multi-billion $ TAM, intelligent token design, and backing from elite investors.

Behold the path to Mount Olympus.

👇 Image
Ethereum is dollarizing with traditional stablecoins accounting for ~60% of daily txns.

This reliance on the dollar is concerning and introduces regulatory risk that borders systemic.

$OHM aims to restore Ethereum's monetary independence and the potential TAM is easily>$50bn.
Just like how central banks manage their currencies using reserve assets (i.e USD, Gold, etc), Olympus DAO manages $OHM using reserve assets.

$OHM ultimately will stabilize against a basket of assets making up its treasury. Image
Read 15 tweets
3 Mar
Thought I would share some valuable investing knowledge I have accumulated from experience in Tradfi so we are all equipped to make $$$ this run.

1/ Image
1. Markets remain irrational for longer than you think, so don't be scared to press your winners (i.e. when people think we have topped, the real move is often yet to come).

The market as a whole can continue to get overvalued often for a long time and vice versa.
2. I'm seeing too many people place too much emphasis on certain ratios for DeFi projects such as P/E or FD/TVL.

What you need to consider is the full context — the film version as opposed to pictures.
Read 7 tweets
20 Feb
It's clear to me that we are headed to a multi-chain world.

At the center of this world is the demand to move value between blockchains.

$RUNE is not only the best way to express this thesis, it is the purest way of expressing it, which provides it a scarcity premium.

@thorchain_org is an independent blockchain built using the Cosmos SDK.

It is not only optimized for cross-chain liquidity, it also offers extremely strong value capture for $RUNE, which accrues value deterministically based on liquidity.

THORChain’s economic model is not fantasy.

It has been validated by @gauntletnetwork and has been tested in the wild for months on ChaosNet.

The value of $RUNE must always be worth 3x the value of external assets in THORChain’s liquidity pools.

Read 12 tweets

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