Melbourne DAO Profile picture
Jan 3, 2022 17 tweets 6 min read Read on X
A summary and comparison of DeFi 3.0 protocols, and why they are on fire 🔥 rn
$MCC $REFI $CAT $AGFI $ECC $SCC $CCC $CCF Image
1/ What is DeFi 3.0?
The treasury invests in 100s of DeFi protocols for you, like an active management fund, and you receive the profit passively by simply holding the token, aka DaaS/FaaS.
Another feature is reflection, i.e. every txn ppl makes on the token, you earn a share
2/ How do they sustain?
Normally, the profit from treasury investment are used to buying back their tokens, some may have airdrops.
In addition, the reflection incentivizes ppl to hold in order to earn from each txn, while at the same time strengthening the treasury investment.
3/ Are they sustainable?
Tokenomics wise, yes, it does not do crazy inflation and many projects burn tokens in different ways.
Reflection provides a good way to benefit both the holders and the treasury.
But they have their own risk (check 4/ 👇👇👇)
4/ Any risks?
- Risks of price fluctuations/rugs/hacks, like in any crypto investments
- While earning shares, tokens are not required to be staked, meaning they are easier to get sold
- The buyback power maybe weak if profit is low
- US gov. may regulate DeFi anytime
5/ How are they compared to DAOs and Nodes
- Compared to nodes: more sustainable/similar DaaS concept as Ring forks/reflection/no need to spend tokens upfront
- Compared to DAOs: many DAOs do DaaS now so it's similar/DAOs use game theories to hold the token value/Pro traders
6/ Who are the major players?
$MCC $REFI $CAT $AGFI $ECC $SCC $CCC $CCF
Detailed review below👇👇👇 Image
6.1/ $MCC
@MulChainCapital
- The OG and Blue Chip in this space
- Biggest MC and Treasury
- 100 yrs LP lock 🔥
- Most investments made
- Both ETH/BSC chains
- Audited Image
6.2/ $REFI
@ReimaginedFi
- 2nd MC and Treasury
- Youngest in the space (huge potential🚀)
- The trader has a good track of records
- Reflections are paid in ETH
- Audited/Doxxed/LP locked Image
6.3/ $CAT
@Aggregatorcoin
- 3rd MC
- 10% Buy reflection
- High risk investments so far (High risk high reward 🤔)
- Audited/Doxxed/LP locked Image
6.4/ $AGFI
@Aggregatorcoin
- 10% Buy reflection
- Investments are driven by DAO votes
- Partially doxxed/LP locked Image
6.5/ $ECC
@EmpireCapital_
- Largest price jump over the past 24H
- BSC chain
- Audited/Doxxed Image
6.6/ $SCC
@SChainCapital
- FTM chain 🚀
- Airdrop
- Same team behind $ANYP 🚀
- Audited/Doxxed/LP locked Image
6.7/ $CCC
@cchaincap
- AVAX chain
- 10% Buy and Sell reflection
- Only two investments Image
6.8/ $CCF
@Crosschainfarm
- BSC chain
- Launchpad
- DAO
- Has D3 protocol (an $OHM fork)
- Audited/Doxxed/LP locked Image
7/ Why are they on fire 🔥rn?
- Autopilot DeFi: So many DeFi protocols out there, giving these projects a fantastic as they lower the bar for new DeFi investors.
- Thanks to other passive income protocols: DAOs and Nodes are not doing well these days
- DeFi 3.0: the name
8/ Should I invest?
- They do have their niche and the marketing on DeFi 3.0 could be huge in a few days
- All of them had a bit of downtime before the current hype, meaning still they are improving
- Now they are at ATH, so not the best entry point (wait for a better entry)

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More from @melbourne_dao

May 18, 2022
🧵How's the "nodes" sector doing these days?
1/ TVL
- $STRNGR shrank 73% of its TVL vs. last month
- The rest are down ~50%
- $HORDE is UP 18%, with its stable price
2/ Price

- The prices dropped ~90% compared to March!
- Only $HORDE survived due to its price bounding mechanism
- $POLAR stood up well last month, but still got impacted by the broader market
Read 4 tweets
May 14, 2022
I spent a week taking notes of everyone's lessons from the market meltdown.

A summary of the Top 10 lessons:

🧵 👇
1/ Portfolio Management ImageImage
2/ Retro

Summarize

- What went wrong?

- Who gave the right/wrong influence?

- What mindset/skills to have/improve?

Then

- Learn from mistakes

- Reassess your influencers

- Get an actionable plan to come back

Actionable plan from @VirtualKenji
Read 12 tweets
May 4, 2022
What's been stopping you from making money?

- Rarely got real alpha?
- Always bought high sold low?
- Losing what you could've earned?

&

Introducing DeFi Passively @defi_passively

The Home for:

- Quality alpha
- Unbiased review
- DeFi & Investment knowledge

🧵 👇
1/ Were you wrong about investment?

Investment is nothing but a decision-making process.

Buy? Sell? or Hodl? Ultimately your job is to make the right decisions.
2/ Gold or Shovel?

Invest in the things that can help you consistently make the right decisions, e.g. upskill yourself or a good service.

Remember, profit is the outcome of the right decisions.
Read 16 tweets
Apr 28, 2022
The 3 most common questions in DeFi:

❓Should I buy?
❓Should I hodl?
❓Should I sell?

You can answer them all without
❌Influencers
❌Twitter/Discord/TG
❌Being an on-chain detective

All you need is just ONE simple metric - TVL (Total Value Locked).

🧵👇
0/

Seeking alpha on Twitter/Discord/TG is exhaustive and full of noises.

With this single & simple metric, I go about a different way and got ahead of the CTs a few times.

It also tells me when to buy, sell, and hodl with an incredible win-rate!
1/ What is TVL?

Total Value Locked is the most important metric across DeFi.

In general, all DeFi protocols share a similar theme: "Give me some money, and I will use it to make you more money". 

The money you "give" is normally your TVL

Let's see some example protocols:
Read 26 tweets
Apr 26, 2022
Numbers don't lie.

So let the data tell us:
- Is the "node" space dead?
- Who's losing/winning?
- Will the node szn come back?

$STRNGR $FIRE $THOR $POLAR $COMB $CRN $POWER $HORDE $PXT $HNY

🧵👇
1/ Current status

The entire space is shrinking in value.
On average, "nodes" price drops ~20% each week.

This means your expected days for ROI are getting pushed out further and further.
Read 20 tweets
Apr 16, 2022
Looks like #STEPN is on 🔥 these days among the big fella CTs.

Here is a 🧵👇
- Introducing what it is
- What's the daily reward
- Why so bullish

$GMT $GST @Stepnofficial
@beijingdou @TheCoffeeBlock @Route2FI Image
1/ What is it?
In short, it is a mobile running app that rewards you with cryptos.

The more consistent you go out for exercises such as walking, jogging, and running, the more you earn.

Technically, it is an “active” income protocol😉
2/ How does it work?
First, you buy a sneaker NFT from the in-app marketplace. They are on Solana. Once you’ve equipped it, you will be able to move2earn.

The rewards are the native tokens $GST and $GMT. You also get random loot boxes every now and then if you are lucky.
Read 24 tweets

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