Did you hear the good news, anon?

🎉Yield Guild Games - $YGG has been added to the @IndexCoop's Metaverse Index $MVI

When you find out what @YieldGuild does...🤯

Here's a quick thread 🧵
1/⤵️ Did you hear the good news, anon?  🎉Yield Guild Games - $
What is $YGG?

@YieldGuild is a DAO that invests in #NFTs used in virtual worlds & blockchain-based games.

YGG's mission:
Create the biggest virtual world economy, optimizing its community-owned assets for maximum utility AND sharing its profits with its token holders.🕹️

2/⤵️ What is $YGG?  @YieldGuild is a DAO that invests in #NFTs us
$YGG combines the best of the #NFT and the #DeFi space!

$YGG does this by bringing yield farming to game economies while adding value to these virtual worlds by developing the content and economy of these games.

NFTs 🤝 DeFi

...but HOW? There are 4 main ways

4/⤵️
1⃣ Building a global community of play-to-earn gamers who play competitively to collect in-game rewards

Example:
- players in @AxieInfinity earning tokens from winning battles

5/⤵️
2⃣ Producing revenue through the rental or sale of YGG-owned NFT assets for a markup

Examples:
- the resale of land in @TheSandboxGame
- renting Axies to players as part of a profit-sharing model, known as a scholarship

6/⤵️
3⃣ Allowing the community to participate in the $YGG DAO by passing proposals and voting

Examples:
- technology
- products and projects
- token distribution
- governance structure

7/⤵️
4⃣Coordinating research and development for gamers in the DAO to arbitrage on yield generation by being competitive in metaverse-related games

8/⤵️
As technology allows more people to move more of
their lives online, an entire digital economy is developing inside these new virtual worlds.

The Metaverse Economy.

$YGG ’s business model builds real-world value from these fundamental metaverse economics.

Hoot Hoot 🦉

9/🛑

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More from @Crypto_Texan

3 Nov
🚨 ATTENTION 🚨

“The Merge” (formerly known as ETH 2.0) WILL NOT MAKE GAS FEES LOWER. 😑

What WILL make gas fees lower:
- L2 Roll-ups (@arbitrum, @optimismPBC, etc)
- Sidechains (@0xPolygon, @avalancheavax, etc)
- Sharding (after “The Merge”)

How? Ok, here's a thread 🧵
1/
There are two types of scaling solutions:
- on-chain scaling
- off-chain scaling

You should have a good understanding of all the foundational topics.

Scaling solutions are less battle-tested, and continues to be researched and developed.
2/
ON-Chain Scaling

Sharding - main focus for on-chain scaling.

Splits a database horizontally to spread the load.

Reduces network congestion and increases TPS by creating new chains (shards).

Validators are no longer required to process ALL of transactions on the network.
3/
Read 11 tweets
1 Nov
✨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
Read 22 tweets
26 Oct
Want to invest in multi-chain and L2 #DeFi projects?

DeFi Pulse Index - $DPI might be your answer.

13 of the 17 asset held in $DPI have deployed on multiple L1s, sidechains, and L2s.

Let's see who they are🧵This is some really interesting information!

1/⤵️ Want to invest in multi-chain and L2 #DeFi projects?  DeFi P
First, where are $DPI protocols deployed?

@Ethereum - 17
@0xPolygon - 10
@Arbitrum - 7
@BinanceChain - 6
@AvalancheAVAX - 6
@FantomFDN - 5
@OptimismPBC - 2
@solana - 1
@CeloOrg - 1
@HECO_Chain - 1
@xDaiChain - 1
@PalmNFT - 1
@HarmonyProtocol- 1
@MoonriverNW- 1
@OKEx - 1

2/⤵️
4 $DPI assets are only on the #Ethereum mainnet:
- @CompoundFinance - $COMP
- @MakerDAO - $MKR
- @VesperFi - $VSP
- @LoopringOrg* - $LRC*

*Loopring is actually its own L2 DEX protocol built with zkRollups for Ethereum. So, we'll say that it's on 1.5 chains.

3/⤵️
Read 11 tweets
6 Sep
🦉The DeFi Pulse Index - $DPI 🦉

Seeing a lot of new users in the Discord asking questions about $DPI, so:

- What is the DeFi Pulse Index?
- What is #DeFi?
- How does it work?
- Who manages the index?
- Who controls the assets?

Let's take a look in this thread🧵👇🏽
1a/
What is DeFi? 🤔

Decentralized finance, or #DeFi, is an ecosystem of financial applications built primarily on the #Ethereum blockchain.

The industry has ballooned from $1bn in Q120 to $85bn in Q321.

probably nothing...
1b/
What is DeFi? 🤔

DeFi relies entirely on software protocols, allowing for permissionless and trustless financial activity.
Read 20 tweets
14 Jul
1/

14 DeFi Tokens All Wrapped Into ONE

- The S&P 500 of DeFi 📈
- Strict/transparent token inclusion criteria 🤓
- Redeem underlying tokens any time 💰
- Market-cap weighted 🏋🏼‍♂️
- Auto-rebalancing ⚖️
- Socialize transaction costs ⛽️
- Diversified #DeFi 😎

$DPI Thread 🧵 👇🏼
2/

What is the DeFi Pulse Index token $DPI?

The DeFi Pulse Index is a capitalization-weighted index that tracks the performance of decentralized financial assets across the market.

Cool video by @earth_maze
3/

DPI is a crypto index designed to track DeFi’s performance. Market cap-weighted based on circulating supply, DPI tracks projects in #DeFi that show a commitment to ongoing maintenance and development.

@sassal0x explains on @BanklessHQ podcast

Read 6 tweets
13 Jul
1 - Everyone’s a genius in a bull market. Real traders can survive and even thrive in bear markets or highly volatile markets.

2 - Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money.
3 - There’s a big difference between a trade and an investment.

4 - Fully plan your trade before you pull the trigger on the entry.

5 - Entries are important, but risk & money management is where you make or lose money.
6 - Beware of get-rich-quick gurus hopping on the crypto bandwagon over the past year. They will be back.

7 - Decide which types of trade setups or investments you’ll take and ignore everything else.
Read 24 tweets

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