Yesterday, I wrote this thread about why I thought NOW was the right time to invest in @avalancheavax $AVAX, why NOW was going to mark the start of #AVAXdefisummer

There are clear macro drivers & near-term catalysts for my belief as outlined



1/7
As many of you know, I was until recently consulting on #defi @avalabsofficial. They didn't provide any confidential info, but it was clear from my interactions & research that something was brewing. Partnerships & investments were being made, sh*t was happening
2/7
As part of my general research, I looked into incentivised liquidity mining @0xPolygon $MATIC. $75m incentives assisted in creating +$8.5m in circulating market cap gains
3/7
I didn't know what @avalabsofficial was up to, but I was patiently waiting for some big news...
4/7
That news came today

$MATIC had $75m liquidity mining incentives that propelled them to the big leagues.
Well, @avalabsofficial says what about $180m in incentives? Following the same playbook with big-time players @AaveAave & @CurveFinance


5/7
The crypto markets are still digesting this info, but I know the implications & how HUUUGE it is

When this news hit the tape, I insta-went to @binance & bought a massive leveraged bag of $AVAX. News hit 3pm BST & you could have eased into a 6-figure bag over the next 30 min
6/7
Did you kick yourself why you didn't invest in $MATIC/$SOL/$LUNA?

How about getting to invest in a hard-hit but superior L1 network on the cusp of big time partnerships/incentives ($AAVE, $CRV), lending ($QI, AAVE), launchpad ($XAVA) & MORE to come

Be ready #AVAXdefisummer
7/7
*$75m incentives assisted in creating $8.5B (B for billion) in circulating market cap gains for $MATIC
How about $180m incentives, says @avalabsofficial
#AvalancheRush
@avalancheavax $AVAX #defi

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More from @rogerclu

19 Aug
#AvalancheRush
Here are my initial thoughts on @BenqiFinance $QI
-Super smooth launch so far (congrats to QI team!)
-UI is slick & a lovely experience
-#Defi on @avalancheavax $AVAX is silky smooth & fast, by far my favourite L1 to do stuff. Soooo much better than #Ethereum
1/8
- @BenqiFinance $QI has launched on @kucoincom
Currently at $0.056, a 6x from IDO Price of $0.009
Circulating Mkt Cap is still a modest ~$18m
2/8
Meanwhile, @BenqiFinance $QI is already at $90m TVL

The market leader @AaveAave $AAVE, on the other hand has $13 BILLION
3/8
Read 8 tweets
17 Aug
#alphaleak
So what if you are on the cusp of #avaxdefisummer & wondering how to maximize your @avalancheavax #defi returns?

I'm positioning myself for the highest leveraged beta plays in the $AVAX defi ecosystem:
1) @AvalaunchApp $XAVA
2) @yieldyak_ $YAK
1/8
More on XAVA as details come our later this, a thread on YAK valuation...

Before the $YAK token was released, I wildly speculated with some napkin maths:


2/8
Basically boils down to:
a) #AVAXdefisummer is happening
Lending (missing piece of puzzle) is coming with @BenqiFinance $QI, @traderjoe_xyz $JOE & others. Further, @AvalaunchApp $XAVA is bringing the floodgates for high quality #IDO new projects. Many more partnerships TBD
3/8
Read 8 tweets
17 Aug
A thread on why NOW is the time to invest in @avalancheavax $AVAX

I've been tweeting it, but for posterity, I want to state here that I think this week marks the start of AVAX #defi summer

Here are my reasons:
1/7 Image
a) General macro renewed interest in L1s
Specific catalysts:
b) @BenqiFinance $IQ launch Aug-19 with incentives
c) @AvalaunchApp $XAVA launch this week
2/7
a) General macro renewed interest in L1s, with @solana $SOL & @terra_money $LUNA leading & $AVAX now following

Not that SOL & LUNA are better, just that they're larger cap & more visible. At this stage, I'm loading up on $AVAX > SOL/LUNA (though IMO both deserve a place)
3/7 Image
Read 9 tweets
20 May
My Portfolio Strategy
Apologs for relative absence the last few wks, I’ve been running on empty working 20-hr days & my tweet volume has suffered. I use these tweets to think thru portfolio decisions, so not tweeting deprives me of an important part of my investment process
1/20 Image
With this thread I'll do a run-down of my overall portfolio (not just the AVAX portion which is obv. a major piece) & my macro investment decisions, esp. important to do during such volatile times (yesterday – ouch). I hope its helpful, but this is *not* investment advice
2/20 Image
1) The Macro Picture: for my process, I think it’s important to take a step back from individual positions & recalibrate your macro view on occasion & esp. during uncertain fears

I'll normally go to technicians/mkt commentators to understand what price action/mkts imply
3/20
Read 20 tweets
10 May
A huge CONGRATS to the @yieldyak_ & @gondola_finance teams for cracking top 5 TVL on @avalancheavax:
- $YAK team has been a #defi leader & “foundational” $AVAX project from the start now ~$35m
- $GDL is the NKOB after just launching last week & already at ~$25m TVL
1/6
$GDL $25m TVL is all the more impressive given some early hiccups at launch. The team is delivering an airdrop to compensate those users negatively impacted by the staking bug (in conjunction with swapping incentives & early staker airdrops)


2/6
The $25m TVL in just a week just shows the enormous market need that the @gondola_finance team has identified for stableswaps & fragmented liquidity


3/6
Read 6 tweets
6 May
So what could @yieldyak_ $YAK token be worth? Some napkin maths:
- $20m TVL x 0.5%/day (avg APR) x 5% fee = $5k/day this money printer makes x365 days = $1.8m revs
- this is *current* run-rate TVL. $AVAX TVL is currently ~$375m so $20m is ~5% of total

yieldyak.com/token
1/4
- $AVAX defi ecosystem is nascent & has huge potential. Let's assume it grows to $1b TVL (not inconceivable, more likely than not), & let's say @yieldyak_ continues to outpace overall AVAX defi as I expect it to, ie auto-compounding trend is strong & their roadmap to be the

2/4
@iearnfinance of $AVAX becomes realised on the way to world domination. I think 10% share of overall TVL is pretty conservative given this. So revised maths:
- $1b total AVAX TVL x 10% share = $100m TVL x 0.5%/day (avg APR) x 5% fee = $25k/day x365 days = $9.1m revs!

3/4
Read 4 tweets

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