Thread by @nosleepjon

My top two conviction holds.
$LINK + $SUSHI
The best risk/return investments in DeFi.
Thread ⬇️

$SUSHI is the most undervalued asset in crypto and it’s not even close. Generates top 4 total revenue, lowest price per share ratio, one of the only protocols that directly pays a dividend to stakeholders... but valued 67th in market cap 🤔

$SUSHI also diversified its product offering with the addition of farming, lending, launchpad, margin trading, and all-in-one dApp platform BentoBox, all while expanding to 6 chains. It does everything $UNI does but its broader array of products creates far more growth avenues.

$LINK is the clear leader among oracles with an 89% market dominance among oracle tokens, up from 77% in March. The first mover advantage and exponential growth of integrations per month with 33 in Feb to 39 in March to 55+ in May spotlights its powerful network effect.

The recent launch of Arbitrum layer 2 scaling takes $LINK to another level. The scaling integration enables super high frequency updates and over 200x less fees, solving its main issues and decreasing the threat from lower quality oracles sacrificing security for speed and cost.

I’m incredibly bullish on $LINK and $SUSHI with their risk/return profiles, underlying value generation, growth avenues, network effects, and continued innovations that support rapid yet sustainable price growth. These should be core positions in long term DeFi portfolios imo.