Some DeFi Blue chips, ranked by how many different block chains they’re deployed on. πŸ’‘βš‘οΈ

$SUSHI 🍣 leading the pack.

(A thread) πŸ‘‡πŸΌ
2/
If blockchains are countries, then dapps are like Franchises.

McDonald’s can exist in USA, but can have locations in Germany etc..

Foreign McDonalds franchises, pay franchise fee back to the McDonald’s Corp.

β€œForeign” Sushi Swaps pay fee to $SUSHI stakers
3/
The more blockchains Sushi branches out to, the more fees generated by users.

Meaning more fees earned by $SUSHI stakers back on the home base (Ethereum)

See SUSHI fees generated from diff blockchains in the last day πŸ‘‡πŸΌ
4/
Sushi Swap is currently the 5th highest earning protocol πŸ”₯

While majority of fee-revenue goes to Sushi treasury, $SUSHI holders still control this.

$SUSHI stakers also receive 0.05% of all fee-revenue.
5/
Sushi Swap is also growing its eco-system w/ new DeFi products:

πŸ‘‰πŸΌ Kashi / Bentobox = lending / borrowing

πŸ‘‰πŸΌ Onsen = Liquidity for other DeFi protocols + farming

πŸ‘‰πŸΌ New Token launchpad

πŸ‘‰πŸΌ Shoyu (coming soon) = NFT marketplace
6/
Sushi Swap started out as a decentralized exchange, but it’s evolving to so much more.

A suite of DeFi products, all generating revenue for the community treasury, and of course, $xSUSHI holders.

A Unique community + leadership from @0xMaki & @josephdelong

β€’ β€’ β€’

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More from @thekriskay

31 Jul
πŸ’΅ Stable Saving 101 πŸ’΅

πŸ‘‰πŸΌ Using β€˜crypto dollars’
πŸ‘‰πŸΌ AKA stable coins.
πŸ‘‰πŸΌ pegged 1:1 with the dollar
πŸ‘‰πŸΌ whose price doesn’t change.

Best πŸ”₯ apps to get crazy good interest on these crypto dollars!

1. Watch vid
2. Read the thread 🧡
3. Earn $$$
1/ @harvest_finance

πŸ‘‰πŸΌ auto compounding vaults
πŸ‘‰πŸΌ auto-sells farming rewards
πŸ‘‰πŸΌ sellers for your deposited asset

Link: harvest.finance Image
2/ @AlchemixFi

πŸ‘‰πŸΌ solid DAI APY
πŸ‘‰πŸΌ can borrow against it
πŸ‘‰πŸΌ 50% instant loan on demand
πŸ‘‰πŸΌ loan pays itself off
πŸ‘‰πŸΌ no liquidations

Link: app.alchemix.fi/vault Image
Read 8 tweets
8 Jul
Staking?
Lending?
Liquidity Mining?

Here’s a list of the strategies people use to make $$$ in DeFi

[A master thread 🧡]

1/8
2/8
Term: Lending
Goal: Passive interest income

- Lending = hands free interest
- Low risk
- 3% - 20% APY possible
- Stablecoins most worthwhile
- Withdraw funds any time.
- NOT THE SAME AS STAKING

Crypto banks ( @AaveAave & @compoundfinance ) lend your assets 4 you.
3/8

Term: Liquidity Pools (LP)
Goal: passive income

- Dec. Exchanges
- Powered by Pools
- Trading pair pools (i.e ETH / DAI )
- Any1 can add a pair to a pool
- Get rewarded from swap fees
- Risk: Impermanent loss

DEXs to LP on:
- @SushiSwap
- @QuickswapDEX
- @Uniswap
Read 8 tweets
14 Jun
All the crypto I own & why:

...a thread 🧡 - (no order)

(1/17)
2/17 - $ETH

πŸ‘‰ Most decentralized blockchain
πŸ‘‰ Most in-demand blockchain
πŸ‘‰ Network effect level: 99999
πŸ‘‰ Largest contributor community
πŸ‘‰ Refined Smart Contracts
πŸ‘‰ Battle Tested Network
πŸ‘‰ Trillions of $$$ settled
πŸ‘‰ Home of NFTs
3/17 - $LINK

πŸ‘‰ Commoditized data feeds
πŸ‘‰ Data feed used in all of DeFi
πŸ‘‰ Most refined Oracle
πŸ‘‰ Most adopted Oracle
πŸ‘‰ Network effect: crazy
πŸ‘‰ Data is evergreen
πŸ‘‰ Hedge against a single blockchain
πŸ‘‰ Multichain eco-system
Read 18 tweets

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