Snagged some @0xConsoles NFTs.

The dev has kept the discord entirely in morse code for months, stealth launched with no info, and floor launched to 1 ETH+ (.5 ETH mint) with many top wallets scooping big bags.

In honor of being back on the grind,
Quick Speculation Thread!🧵
Discord -

The channel has been entirely in morse code for months. Morse code means one of three things...

1. Big Brained Devs
2. Building a Cult of Nerds
3. Devs are Clinically Insane

In this market, I'm bullish on all three.
Launch -

After months of the discord being in morse code, they did a stealth launch about 1-2 hours ago.

Normally bullish when devs stealth launch to curb demand. Even when people spent months translating the discord and missed mint... 😂

Wallet Tracking -

Some very familiar degen wallets that I follow all aped into this one...

When the usual suspects are in, it's normally a good idea to follow.

Wallet Tracking -

@JeezySt did some next-level dev wallet tracing.

ETH proceeds from sales are going to 5 different wallets which seems large for an NFT team🕵️

@0xnft lists himself as the dev but tracking shows that @arc4g is also most likely involved through wallet tracing.
OpenSea -

The volume went absolutely insane with over 17.3K ETH already traded after launch. Weird for a project without much of a roadmap shared yet...

Collection:
opensea.io/collection/x-c…
Fees -

No fees on sales aren't exactly common in the NFT space but to me shows confidence from the team. It should also give some peace of mind that this isn't a rug/cash grab.

Bullish!
What is Next? -

"SYSTEM INFORMATION IN THE COMING DAYS CONSOLE UNCOVER ON THE 15TH"

Reveal 14 days out means the floor should fall and provide a better entry. Grabbed my position now to be safe because the team obviously likes surprises...

Crypto Gaming is a very hot topic right now and it feels like there is more to this project than just your average 1k NFT drop.

All of this is speculation of course so don't spend more than you can lose. NFT and please DYOR.

GL!

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More from @SmallCapScience

Sep 15, 2023
One of the most important proposals in all of Web 3 is live!

This $ARB proposal could put @arbitrum back into a frenzy with over $60M of incentives before January.

L2 wars are heating up with the explosive growth of @BuildOnBase, now $ARB strikes back.

Let's dive in! 🧵 Image
First let me set the stage...

The ability for @arbitrum to hold marketshare as $ETHs largest L2 is at stake. That's a massive title to fumble when considering ETHs future outlook.

$ARB maxis haven't seen Base as a threat because its new.

The numbers tell a different story.
Here are some @BuildOnBase numbers from yesterday...

~200% more fees than Arb
~500% more revenue than Arb
- Nearly 4x more transactions
- Base had 70% of daily transacting addresses compared to ARB


Image
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Read 23 tweets
Jun 2, 2023
$PENDLE is one of the few DeFi projects lately that brought real innovation.

Game-changing projects like @pendle_fi always lead to aggregators blackholing their token supply.

The Pendle Wars officially kicked off with @Equilibriafi launching today.

Time to pay attention! 🧵 Image
$PENDLE has been an absolute beast.

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$PENDLE is a simple concept with a massive market.

They separate future yield from assets allowing you to buy at a discount.

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1st Alpha Drop... quick check-in on @GhastProtocol.

I love the spot:
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- UNI LPs Crushing
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🧵Quick Dive In! Image
Currently, 63k $GHA tokens circof 150k total supply.

Partners + Contributors & Treasury - 31% of supply that is mostly in $esGHA that would vest over 200 days.

Thats nearly 1/3rd of the total supply that isn't being touched or would need to vest before hitting the market. Image
Platform Rewards - 26.67% of rewards distributed over 5 years.

8k in $GHA which is 1.6k liquid GHA per year. The majority of these rewards are in esGHA which would need to linear vest over 200 days.

63k total in circulation, so only 1.6k new tokens mean near zero dilution. Image
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While doing research for a @SCSLabsResearch video, it came to my attention most protocols are mispricing the risk surrounding @circle and the $USDC peg.

Projects and investors both should do some basic risk management exercises regarding $USDC exposure.

Let's discuss 🧵 Image
To start, I have zero positions to profit off of a $USDC depeg and still have $USDC exposure. Similar to @CryptoHayes and @balajis native $BTC is my favorite hedge for USD/USDC risk.

$LUSD, $ETH, $OHM, etc. also help diversify but come with their own set of pros and cons! DYOR
In 2022 projects with treasuries and dev funds that were 100% in either $ETH or on FTX got absolutely rekt.

Please learn from the mistakes of others and diversify your treasuries and dev funds!

Let's dive into the discussion...
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Feb 14, 2023
One of the @arbitrum projects I'm long-term bullish on is @vela_exchange!

Users that missed $GMX have heavy coping going on. $VELA / $VLP are a 2nd chance.

The perp exchange differentiates w/ synthetics, forex trading, and other differentiators.

Alpha + Airdrop 🧵
Free money is the best money! 💰

Airdrop confirmed for Public Beta testers:
1. Visit the Link Below
2. Deposit USDC
3. Start Trading

SCS Labs Referral Link - app.vela.exchange/?refer=2BU0KT6E

Ref ID - 2BU0KT6E

All referrals help the @SCSLabsResearch team in bringing you more content!
Let's dive directly into the alpha for once...

One of the biggest differentiators between $GMX and $VELA is the fact synthetics are already live on @vela_exchange.

This means volume is guaranteed on pairs GMX doesn't support like forex ($EURO, $GBP, $JPY) which are live.
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I'm extremely excited to announce the launch of our first SCS Labs brand, @SCSLabsResearch!

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Time to finally share the details of what we are building! 🧵
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(Top Signal) -
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Read 20 tweets

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