Crypto Texan | Aggregated Profile picture
Nov 1, 2021 22 tweets 18 min read Read on X
✨The Metaverse Index is 14 tokens in ONE ✨

In this thread 🧵👇

-Where to get 40%+ APY on $MVI? 🚀
-What is the "Metaverse"? 🌎
-What's in the Metaverse Index? 📈

Because which sector in crypto has the greatest L2 potential? Easy, the Metaverse.

LET'S DIG IN ⤵️🧵
x/ ImageImage
1a/ Where to get yield on $MVI?

@SushiSwap on @0xPolygon

Stake your $WETH / $MVI LP token to get about 35% yields.

Earning both $MATIC and $SUSHI rewards. Image
1b/ Where to get yield on $MVI?

@AdamantVault on @0xPolygon

Stake your $WETH / $MVI from SushiSwap on Adamant to auto-compound your rewards

@0xPolygon's lower gas fees makes this possible. Image
1c/ Where to get yield on $MVI?

(Coming SOON) 🤫
@ImpermaxFinance on @0xPolygon

Borrow against your $WETH / $MVI LP token for MORE $WETH / $MVI LP tokens. Increasing the swap fees accrued. Receiving additional $IMX tokens as well.

Usually 200%+ APY 👀

(🐐,🐐) Image
2a/ But what is "the Metaverse" anyway?

It's:
-Virtual Worlds 🌎
-Creator Economy 👷‍♂️
-Collecting 🃏
-Gaming 🎮
-Art 🖼️
-Owner Economy 👑
-World Building 🏗️
-Virtual Reality 👾
-Augmented Reality 👽

But the @indexcoop adopts a more formal definition as well ⤵️ Image
2b/ But what is "the Metaverse" anyway?

We like this definition from @enjin:

The “metaverse” is a shared digital space that seamlessly integrates aspects of the real world — specifically things like ownership, identity, and financial value.

What about $MVI specifically? ⤵️
2c/ But what is "the Metaverse" anyway?

For $MVI specifically:

$MVI is designed to capture the trend of entertainment, sports, NFTs, and business shifting to a virtual environment, with economic activity in this environment taking place on #Ethereum.

What's IN $MVI? ⤵️ Image
3a/ List of $MVI assets

$MANA - @decentraland

#Decentraland is a decentralized VR world. Where you can purchase land, build on it, monetize, and immerse into the applications and content that is built by other users. Land and in-game currency give users complete ownership. Image
3b/ List of $MVI assets

$ILV - @illuviumio

Illuvium is a decentralized gaming studio that merges online gaming with #cryptocurrency. They create uniquely functional, evolving, and high production-value NFTs that are playable in a universe of play-to-earn gaming titles. Image
3c/ List of $MVI assets

$AXS - @AxieInfinity

#AxieInfinity is a blockchain-based trading and battling game, owned and operated by its players.

Inspired by games like Pokémon, the game allows players to collect, breed, raise, battle & trade token-based creatures known as Axies Image
3d/ List of $MVI assets

$SAND - @TheSandboxGame

#TheSandbox is a blockchain-based virtual world where users to create, build, buy & sell digital assets in-game. By combining the powers of DAOs and NFTs, the game creates a decentralized platform for a thriving gaming community. Image
3e/ List of $MVI assets

$ENJ - @enjin

#Enjin allows game developers to tokenize in-game items on #Ethereum. It uses $ENJ, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold, and traded with real-world value. Image
3f/ List of $MVI assets

$WAXE - @WAX_io

Global brands trust WAX to launch their NFT sales, including @deadmau5, @atari, @Topps, @WilliamShatner, @capcom, etc.

#WAXE is purpose-built for e-commerce and is a protocol token that can be staked for governance voting and rewards. Image
3g/ List of $MVI assets

$AUDIO - @AudiusProject

#Audius is a decentralized music-sharing and streaming protocol that facilitates direct transactions between listeners and creators, giving everyone the freedom to distribute, monetize, and stream any audio content. Image
3h/ List of $MVI assets

$DG - @DecentralGames

#DecentralGames is a DAO-governed Metaverse casino in Decentraland, which players own and operate with $DG tokens. The community earns $DG by adding value to the ecosystem: playing games, providing liquidity, governance, & referrals Image
3i/ List of $MVI assets

$ERN - @EthernityChain

$ERN is a community-oriented platform that produces limited edition authenticated NFTs and trading cards created by notable artists & figures. $ERN holders can farm rare "A-NFTs" and vote on proposals that amend the ecosystem. Image
3j/ List of $MVI assets

$WHALE - @WhaleShark_Pro

#WHALE is a social currency backed by rare NFTs. The basket of NFTs underpinning the token are held in the WHALE Vault. Includes some of the rarest #NFTs from @GodsUnchained, @cryptovoxels, $SAND, @AvaStarsNFT, and more. Image
3k/ List of $MVI assets

$RARI - @rariblecom

#Rarible is a creator-centric #NFT marketplace and issuance platform. Users create NFTs for unique digital items like artworks, game items and more. Rarible offers a fully-featured marketplace that creates a smooth user experience. Image
3l/ List of $MVI assets

$TVK - @terra_virtua

#TerraVirtuaKolect is a cross-platform non-fungible token (NFT) ecosystem that offers a curated marketplace for #NFT creators and collectors to interact. The Terra Virtua Kolect platform spans web, PC and mobile AR/VR environments. Image
3m/ List of $MVI assets

$NFTX - @NFTX_

NFTX is a platform for creating ERC20 tokens backed by NFT collectibles. Users create and trade #NFT-backed funds, like CryptoPunks, Axies, CryptoKitties, & Avastars, from a DEX. This creates more liquidity for NFTs (typically less liquid) Image
3n/ List of $MVI assets

$REVV - @REVV_Token

#REVV is the main utility token and in-game currency for branded motorsports blockchain games produced by @animocabrands, like the @F1DeltaTime blockchain game, & a title based on the @MotoGP IP. A third game is currently in the works Image
4/ The Metaverse has arrived.

These are the Metaverse blue chips!

These are $MVI!

Are you ready?

hoot hoot🦉

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More from @Crypto_Texan

Feb 14, 2023
Polygon zkEVM Mainnet is the next chapter of Ethereum scaling

the Mainnet Beta for Polygon zkEVM is set to launch on March 27th, 2023 🚀

we're excited to see what devs and users will build on this powerful scaling solution

all you need to know about Polygon zkEVM 🧵👇
1/ What is Polygon zkEVM?  Pol...
Polygon zkEVM is the first zero-knowledge (ZK) scaling solution that is fully compatible with Ethereum

it reduces transaction costs and massively increases throughput, while maintaining the security of #Ethereum L1
2/
devs and users on Polygon zkEVM can use

the same code, tooling, and apps that they use on Ethereum

but with much higher throughput and lower fees

the zkEVM inherits the security of Ethereum L1

ensuring that user funds cannot be stolen
3/
Read 10 tweets
Dec 27, 2022
now is when the next DeFi primitives of the next bull run will be built 🏗️

what trends should you be looking for?

here is a list of 11 DeFi start up ideas for 2023 as provided by @alliancedao 👇🏼👇🏼👇🏼

1/⤵️
Market-Driven Lending Protocol 💹

price discovery in most incumbent lending protocols today are not entirely driven by the market

but instead by decentralized governance or a mathematical formula with few degrees of freedom

2/⤵️
Bridge Aggregator 🌉

think 1inch for bridges

built to be composable so that wallets can use your bridge aggregator

instead of manually supporting each bridge

3/⤵️
Read 12 tweets
Jul 18, 2022
here are 8 misconceptions about "The Merge" on #Ethereum that you should know:
1. The Merge will reduce gas fees

false. The Merge changes the consensus mechanism, and does not expand network capacity

gas fees are a product of network demand relative to the capacity of the network

efforts are being focused on scaling user activity at layer 2
2. Running a node requires staking 32 $ETH

false. anyone can sync their own self-verified copy of Ethereum (i.e. run a node)

no $ETH is required. not before The Merge, not after The Merge

there are two types of Ethereum nodes: nodes that can propose blocks and nodes that don't
Read 10 tweets
Apr 21, 2022
ZK Rollups
Optimistic Rollups
sidechains
hybrid scaling solutions
stand-alone & enterprise chains

all are scaling #Ethereum

but the @0xPolygon ecosystem has, or is developing, its version of ALL these scaling solutions

and $MATIC powers these solutions

pay attention👇

1/⤵️
when users think "Polygon" they think of the Polygon POS chain

they think of Polygon as "a low-cost Ethereum-friendly alternative to Ethereum's Mainnet"

but it is much more than that

it's a toolbox of scaling solutions, and the $MATIC token powers this scaling ecosystem

2/⤵️
Scale & Power - Polygon PoS

achieves unprecedented transaction speed and cost savings by utilizing side-chains for txn processing

PoS ensures security using the Plasma bridging framework and a decentralized network of PoS validators

ok, PoS, but what else?

3/⤵️
Read 10 tweets
Mar 27, 2022
metaverse & NFT infrastructure is growing

learning from it's DeFi predecessors, $MVI protocols like @NFTX_ are driving TVL and volume

$PUNK used to be the only NFTX vault with >$1M TVL - now look

@FloorDAO aims to grow these metrics further

-How?
-WTF is @FloorDAO?🧵

1/⤵️ Image
what's @FloorDAO? 💨🧹

FloorDAO is a decentralized NFT market-maker

enabling deep, sticky liquidity for it's treasury NFT collections

a bond & rebase mechanism, like @OlympusDAO, attracts productive NFT liquidity

and deploys NFT liquidity in yield generating NFTX vaults

2/⤵️
how does it work?

NFT DEXs, like @NFTX_, already exist and provide instant liquidity for buyers & sellers

NFTX pools together floor NFTs in a vault, which mints a fungible ERC20 token

1 $PUNK NFTX vault token can be redeemed for 1 CryptoPunk in the CryptoPunk NFTX vault

3/⤵️
Read 8 tweets
Dec 22, 2021
🚨COMING SOON!🚨

The Bankless DeFi Innovation Index | $GMI

@banklessDAO and @indexcoop join forces once again to bring the crypto space a DeFi 2.0 Index!

🚀 how will this be different from $DPI?
🚀 what's the methodology?
🚀 how to get included in $GMI?

let's dig in🧵

1/⤵️ 🚨COMING SOON!🚨   The Bankle...
$GMI seeks to capture the performance of emergent DeFi application themes

$GMI relaxes the inclusion criteria of Index Coop’s flagship index - DeFi Pulse Index | $DPI

$GMI provides exposure to "experimental" DeFi project tokens which are further out on the risk curve

2/⤵️ $GMI seeks to capture the p...
$GMI screens for promising early stage DeFi projects which are not yet considered “blue chip”

$GMI attempts to produce an optimal weighting via the use of a combination of:
- square-root market cap
- secondary market liquidity
- relative token dilution/emission scoring

3/⤵️ $GMI screens for promising ...
Read 6 tweets

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