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More from @wolf_of_defi

Wolf of DeFi 🌖

@wolf_of_defi

28 Dec

@THORChain

1./ #RAISETHECAPS

#RAISETHECAPS is something we see coming by a lot in the @THORChain community. What are those caps? Why do we have these? Why should they be raised? And most important, what is the impact of it on $RUNE?

Let me explain 🧵

@THORChain

2./ @THORChain is a cross-chain liquidity protocol where users can swap native assets against each other. Without wrapping or pegging assets.

To enable users to swap a certain asset, a liquidity pool of that specific asset needs to be available on #Thorchain.

@THORChain

3./ For example, if you want to swap native $ETH for native $BTC there are 2 liquidity pools needed. The first one is $ETH / $RUNE, the second one is $BTC / $RUNE. As you can see, both are paired against $RUNE. This is the case for every asset on @THORChain.

Read 11 tweets

Wolf of DeFi 🌖

@wolf_of_defi

22 Dec

1./ #Terra is a black hole. The mint of $UST is only at the beginning. Let me explain why I think #Terra will suck up an unimaginable amount of #DeFi value.

Now we see $UST going cross chain I think it's just a matter of time before others will follow. 🧵

@WhiteWhaleTerra

2./ @WhiteWhaleTerra doing cross chain arbitrage

#Arbitrage opportunities are everywhere, so why stop here? I don't know about any other #Arbitrage protocol so far, so I don't see any obstacle for @WhiteWhaleTerra taking the the number 1 overall #Arbitrage spot.

@TeamKujira

3./ @TeamKujira becoming the place to go to buy liquidated assets. #ORCA is a massive success and borrowing assets against collateral is everywhere. So let's expand to everywhere! @TeamKujira has only just begun

Read 11 tweets

Wolf of DeFi 🌖

@wolf_of_defi

13 Dec

@staderlabs

1./ Today I saw some people talking about @staderlabs and how their APR is calculated.

I think it's a great protocol and it might be good to talk about them once again. I will dive into their APR, mechanics and the benefits for everyone who is staking $LUNA!

A thread 🧵

@staderlabs

2./ @staderlabs basically is a $LUNA staking platform. Take your $LUNA, stake it at @staderlabs and you don't have to worry about anything. They make a validator selection and take care of the auto-compounding.

@staderlabs

3./ @staderlabs currently has three validator options;
- Blue chip, which are the highest performing validators;
- Community, the validators that contributes most to the community;
- Airdrop plus, validators providing their protocol's tokens.

You can choose between those three

Read 11 tweets

Wolf of DeFi 🌖

@wolf_of_defi

12 Dec

1./ At the moment we have $LUNA, $bLUNA, $LUNAx and $nLUNA. $yLUNA and $pLUNA are coming. What are all those different types of $LUNA?

Let's dive into the greatest asset ever existed, $LUNA!

A thread 🧵

2./ $LUNA is the token we all fell in love with. To mint $UST the equivalent dollar amount of $LUNA have to be burned. The more $UST is minted, the less $LUNA is circulating so the more value one $LUNA has.

@binance

3./ $LUNA is the basic version of the token, this is the token that's available on exchanges like @binance and @kucoincom. To get access to all those different types of $LUNA you need to send your $LUNA from the exchanges to a #Terrastation wallet.

Read 18 tweets

Wolf of DeFi 🌖

@wolf_of_defi

11 Dec

@Minerva_NFT

1./ As you all know I love good tokenomics. Let's have a look at @Minerva_NFT. What is it? Why does their token hold value? Does it have potential?

Let's go! A thread 🧵

@Minerva_NFT

2./ @Minerva_NFT is a DAO which will bring appreciating wine investments to users directly on the Terra blockchain.

This means you can invest in wine by using the blockchain. Those investments are minted as ADOs, an improved version of NFTs made by @AndromedaProt

@Minerva_NFT

3./ Although @Minerva_NFT is initially a platform for investing in wine, they are already looking to expand to more real-world-assets. Looking at this tweet things like watches, whiskey, trading cards and fashion are also things they're looking at.

https://twitter.com/minerva_nft/status/1467496451517337605?s=21

Read 13 tweets

Wolf of DeFi 🌖

@wolf_of_defi

7 Dec

@THORChain

1./ The reason I fell in love with $LUNA is because of its magnificent value capture. Although $LUNA will always be my number one, $RUNE is definitely a token with a great value capture too.

What is @THORChain, what is $RUNE and why does it have potential?

@THORChain

2./ @THORChain is a cross-chain liquidity protocol. The DEX built on #Thorchain is @THORSwap. #THORswap allows users to directly swap native assets on different blockchains with only one click. So no wrapped or pegged assets. Why is this important?

3./ Usually if you want to convert $BTC to $ETH you have to exchange your $BTC to $xBTC (the ERC-20 standard) and than to $ETH. Two transactions, so two times transaction fees.

Read 14 tweets

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