60k followers calls for a thread πŸŽ‰

This account has always been about bringing opportunities to users.

Opportunities that we are able to spot because we spend countless hours/day researching..

In our opinion, the next big thing are going to be rollups a.k.a Layer-2's πŸ‘‡
It's increasingly becoming evident that no monolithic blockchain can scale enough to meet the demands of potentially billions of users

Especially not without compromising on decentralization

Ethereum has chosen to scale *vertically* through rollups which seems very promising
Rollups change the game for Ethereum by separating execution from storage

Today, execution takes up a lot of the blockspace on Ethereum, making transactions expensive.

Increasingly, execution will shift to rollups which only submit proofs ("data") to the Ethereum mainchain
So user funds on rollups are 100% secured by the Ethereum mainnet while benefiting from highest speed and 10x lower fees ( more in the future)

TVL on these Layer-2 solutions keeps growing

@arbitrum leads the pack

@bobanetwork launched 1 week ago and added over $1billion in tvl
@optimismPBC recently did some big upgrades which will attract an increasing amount of projects, they're only getting started

In the next couple of months we will see the first zk-Rollups go live (even cheaper)

This will lead to innovation like we've never seen before in crypto

@StarkWareLtd and @zksync are the teams to follow here

If you're looking for the next $SOL or the next $AVAX look no further than any of the aforementioned L2's

Think about it, VC's are aping into these at Billion dollar valuations

Surely they see 10-100x potential in them..

So how to get exposure to rollups?

Not sure but it seems like a good idea to be a heavy user of all the early applications that are launching on L2's

If these L2's ever launch tokens they will reward the builders and the users that supported them
Layer-2's also enable new use cases like games, social apps, DAO tooling etc. it will be exciting to see what's going to be built there.

In the next couple of months we will focus heavily on this space and tweet regularly about new projects launching on L2.

β€’ β€’ β€’

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with DeFi Airdrops πŸ¦‡πŸ”Š

DeFi Airdrops πŸ¦‡πŸ”Š Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @defi_airdrops

15 Nov
$LYRA already confirmed a small airdrop to $SNX stakers but the big bulk of the rewards are being distributed atm through their Ignition program!

Token unlock is mid-December πŸ”₯

Calculated APR's the other day based on $1 price assumption (picture right)🀯 ImageImage
You can provide $sUSD liquidity in the option pools which has the most juicy rewards.

You will need to buy $sUSD on @optimismPBC or mint it with $SNX

Next trading round starts in 3 days until then your deposits will be queued.

⚠️ risks : docs.lyra.finance/implementation… Image
You can also earn rewards by buying and selling options (a.k.a trading) or by providing liquidity on the $sUSD - $DAI pair on Uniswap V3 on Optimism. Image
Read 5 tweets
4 Jan
Wanna know which project could be next to airdrop?

Here's a list πŸ‘‡
@dydxprotocol - a decentralised BitMex offering spot, margin and perpetual trading for ethereum based assets.

Top notch team around ex-Coinbase engineer @AntonioMJuliano

Even if they don't do an airdrop you should check them out:

@furucombo - like @zapier but for DeFi

It allows you to build custom transactions with @AaveAave , @BalancerLabs , @CurveFinance , @MakerDAO , @UniswapProtocol , @iearnfinance & @1inch with a modular drag and drop like interface

Read 14 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Thank you for your support!

Follow Us on Twitter!