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Seq πŸ”Ί πŸͺ Profile picture
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21 Aug, 5 tweets, 4 min read
1/ #AVAX and the #Avalanche Ecosystem isπŸš€

This is just with $3 Million of the incentives currently in place with BENQI, there is another $177 Million still to come, with blue chip DeFi Protocols such as Aave, Curve and that's just phase 1 with more on the way

Plus so much more
2/ Dynamic Fees reducing fees by up to 66%
New $10 Billion+ Asset Class
$280 Trillion Real Estate Market coming to #Avalanche
Order Book DEXs
Permissionless Interoperable Subnets allowing entire blockchains to build and interoperate on #Avalanche
Not even listed on Coinbase yet.
3/ Avalanche offers an incredibly customisable platform that not only caters for but is the best platform for all requirements from DeFi, Payments, NFTs to Enterprises and the 1000’s of trillions of dollars in the traditional finance world.
4/ Fixed Capped Supply
All fees are burned creating deflationary pressures
Earn 11% staking #AVAX for passive income
Support for unlimited amount of subnets/blockchains to be built on top of the platform, use any Custom VM and & interoperable, creating incredible network effects
5/ Why #AVAX has the potential to not only be an incredible store of value, but also a excellent payment system and platform of platforms πŸ‘‡

Just the beginning.

medium.com/avalanche-hub/…

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More from @CryptoSeq

Seq πŸ”Ί πŸͺ Profile picture
5 Sep
1/ #Avalanche Rush has barely even begun yet and looks set for exponential growth over the coming months

With Major DeFi Blue Chip Protocols about to launch, $10 Billion+ Dollar Asset classes, Trillion dollar markets, Exchange Listings, Subnets & more

Have you bridged yet?
πŸ§΅πŸ‘‡
2/ Currently only @BenqiFinance incentives are live on Avalanche Rush and within 2 weeks since launching it has more attracted more than $2 Billion TVL πŸ‘€

That is more than Fantom, Cosmos Hub, Tezos, NEO, Algorand, Cardano, Polkadot, Optimism & Arbitrum COMBINED 🀯
3/ The program has barely started yet
Incentives used: Less than $1 Million
Incentives to go: $469 Million
$AVAX Price: 3x in 3 weeks

With Many DeFi Blue Chips soon to go live
@AaveAave @CurveFinance @SushiSwap @paraswap @yayprotocol @AvalaunchApp @pangolindex and more to follow
Read 24 tweets
Seq πŸ”Ί πŸͺ Profile picture
2 Sep
1/ Solana is good and all, but it also has its disadvantages / inflated metrics which very few people seem to talk about. In addition to the answers given to @RyanSAdams and @TrustlessState I would also add the following πŸ‘‡
2/ Whilst everyone talks about the high specifications of buying and running a machine (24 cores, 128 GB Memory, 2 TB NVMe, 1 GB Network and high end graphics card) many don't realise that Solana is the only blockchain that does consensus votes on chain)
3/ Up to 80% of tps are consumed just by validators voting on consensus. Even with the cheap cost per transaction, each validator has to spend between 1 and 2 SOL every day just voting in consensus.
Read 15 tweets
Seq πŸ”Ί πŸͺ Profile picture
22 Aug
1/ Avalanche isn't yet another over-hyped, centralised blockchain with no innovation

#Avalanche is the only consensus that can scale the active validator set whilst also offering visa-level throughput, sub second finality and unparalleled decentralisation
cryptoseq.medium.com/what-sets-aval…
2/ Avalanche is a highly customisable Layer 0 heterogeneous platform of platforms, enabling an unlimited amount of blockchains to be built on top, with support not just for the EVM, but for any custom VM whilst using the revolutionary Avalanche consensus.
medium.com/avalanche-hub/…
3/ Allowing projects from any blockchain to ultimately be easily ported over & benefit from the performance, decentralisation, and customisation Avalanche offers, whilst integrating with existing tooling and appealing to developers who want to use certain smart contract languages
Read 14 tweets
Seq πŸ”Ί πŸͺ Profile picture
22 Aug
1/ It's important to understand the effect the buy back and burn mechanism of $INJ will have not only on the price but also the market cap

x100 increase in price does NOT equal x100 increase in market cap

Thread with examples of the amount πŸ”₯based off other exchange volumeπŸ‘‡πŸ€―
2/ Sushiswap did $26 Billion volume in May, if Injective does that volume it would mean the total trading fees (maker + taker (0.3%)) would be $78 Million for the month
πŸ”₯60% are used to buy back and burn $INJ: $46.8 Million each month

πŸ§‘β€πŸ€β€πŸ§‘40% used for referrals: $31.2 Million
3/ 60% of the fees worth $46.8 Million (which contain lots of different tokens through the various pairs) will be auctioned (normally this will be every 2 weeks but for this example I will use per month as that is what the reported exchange volume of Sushiswap was based on)
Read 21 tweets
Seq πŸ”Ί πŸͺ Profile picture
18 Aug
1/ $180 Million Incentives πŸ‘€πŸš€

$20 Million #AVAX for @AaveAave
$7 Million #AVAX for @CurveFinance
And that's just Phase 1 πŸš€with additional blue-chip DeFi protocols coming to #Avalanche

So much coming in the following weeks, what are you most looking forward to? Comment πŸ‘‡
2/ In addition to the new fast, secure and cheap Ethereum bridge, so many important DeFi lego pieces are all going live as well as innovative new asset classes. Examples of some of the projects that are launching soon below.

Exciting times ahead πŸš€πŸš€
3/ Benqi, The first lending and borrowing platform
Read 9 tweets
Seq πŸ”Ί πŸͺ Profile picture
18 Aug
1/Quant are providing interop for LACChain the regional blockchain network for Latin America backed by the Inter-American Development Bank

Working with banks (CitiBankπŸ€”)to enable cross border payments as well as work on a Multi-DLT Retail CBDC for the Latin Amercian Dollar $QNT
2/ Quant will be providing interopability with other regional networks such as The European Commissions European Blockchain Services Infrastructure and China. Initially consisting of 12 countries using Overledger to create an Interbank Network for payments
ledgerinsights.com/idb-backed-lac…
3/ The Latin American Dollar will be used for Welfare and Emergency Payments in the Latin American and Caribbean Regions funded through the Inter-American Development Bank.

quant.network/pr-announcemen…
Read 14 tweets

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