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?
🧵👇
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 👀

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
4/ The incentives are based off 10 Million #AVAX. As the price of $AVAX increases so too does the incentives value. There could be billions of dollars' worth of incentives available by the end of year as the price of AVAX increases, and this is just phase 1 of #AvalancheRush 🤯
5/ This creates incredible positive feedback loops

Incentives bring lots of users and TVL to the Avalanche ecosystem > price of AVAX 🚀> which in turn increases the incentives value even more > attracts even more users and TVL > price of AVAX 🚀and so on
6/ The new bridge offers a fast, cheap and secure way to transfer from Ethereum to Avalanche and you also receive 0.05 AVAX for crossing the bridge to make it easier and further ERC20 support as well as bridges to other ecosystems are also coming.
7/ Outside of the incentives there is lots happening as well. New innovative $10 Billion+ Asset classes are coming to #Avalanche with Initial Litigation Offerings, revolutionizing Litigation Finance.
8/ Recently after releasing the Official licensed Bundesliga NFTs on Avalanche, Topps have partnered with Major League Baseball to bring the popular baseball trading cards as NFTs on Avalanche.

9/ Kalao will be unlocking the full potential of the metaverse on Avalanche with its combination of NFT, VR technology and real world use cases and Avalanche will also be releasing an NFT SDK to further grow the rapidly expanding NFT market.

10/ ReTok are bringing the $280 Trillion Real Estate Market to #Avalanche enabling fractional ownership with Real Estate Tokenization

11/ The first government will publicly be using Avalanche for the digital certification of its legislative documentation as well as working with GenoBank to verify COVID test result authenticity and COVID-19 Traveller Passports
medium.com/avalancheavax/…
12/ Dexalot will be the first CLOB DEX to launch on #Avalanche enabling the functionality, speed and UX of CEXs but the security, transparency and non-custodial of being a DEX.

13/ HurricaneSwap is the 1st cross-chain liquidity DEX based on Avalanche. With the innovative LP-Bridge mechanism (Roke Protocol), users can trade popular assets of other chains without leaving Avalanche.
hurricaneswap.medium.com/hurricaneswap-…
14/ The first Multi-collateral/Cross-Margin Perpetual Futures will soon be launching on Avalanche
15/ YAY Games is one of the first GameFi platforms, combing the $175 Billion gaming market with the $131 Billion DeFi Market bringing "play to earn” games to the Avalanche ecosystem

16/ Avalanche will be available on more top-tier venues including new major US Exchanges as well as Global Exchange Listings.

17/ They are working with Securitize, the industry-leading primary issuance and compliance platform for digital securities (security tokens) & SEC-registered transfer agent with more than 50,000 investors currently using its issuance and compliance platform for digital securities
18/ By 2023 private capital markets are projected to be worth $14 Trillion and Avalanche provides a high throughput, sub second finality and low-cost platform to utilise. Lots of exciting things being worked on in the long and short term Down pointing backhand index
19/ There have been lots of further improvements on the tech side and Snowman ++ is soon to be released offering further performance enhancements for the C-Chain
20/ Beyond that details about Avalanche V2 are due to be released in Q4 offering numerous groundbreaking improvements to the platform
21/Avalanche is far bigger than just the C-Chain running the EVM, there will be 1000's of highly customisable blockchains running on Avalanche with support for any custom VM that benefit from the revolutionary Avalanche consensus and being able to interoperate for network effects
22/ Subnets will provide an infinite amount of scaling, they will offer unparalleled levels of customisation to create a heterogeneous interoperable network of many different blockchains for incredible network effects. You can read more in this thread 👇
23/ 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.
theblockcrypto.com/post/103617/pa…
24/ This is just the beginning of what will be an incredible journey. Avalanche is pushing the entire space forward with their revolutionary consensus & platform of platforms and looks set for incredible growth with the huge incentives

For more Info 👇

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More from @CryptoSeq

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 👇
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
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
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 🔥based off other exchange volume👇🤯
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
🔥60% are used to buy back and burn $INJ: $46.8 Million each month

🧑‍🤝‍🧑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
21 Aug
1/ #AVAX and the #Avalanche Ecosystem is🚀

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.
Read 5 tweets
18 Aug
1/ $180 Million Incentives 👀🚀

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

So much coming in the following weeks, what are you most looking forward to? Comment 👇
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 🚀🚀
3/ Benqi, The first lending and borrowing platform
Read 9 tweets
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 (CitiBank🤔)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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