If you didn't already know, I make a living by running a research publication on crypto called Crypto Pragmatist (@cryptoprag).
We've been growing insanely fast and have some very exciting announcements to make.
A thread of the good news: 👇
I have a TradFi background and was working full time, obsessing over crypto at night, until my girlfriend and family convinced me to start the publication.
I jumped all in (sink or swim, baby) and haven't looked back.
We've had literally insane growth, so thank you (yes, you).
I started this thing in August, less than 6 months ago.
Now we have over 11,000 unpaid subscribers and over 500 paid ones:
Twitter's driven about 50% of that growth, and I've gone from under 100 to over 33,000 followers.
In the last 89 days, we've earned over 12 million impressions:
We've recommitted to producing the best written content in crypto, whether it's our free product or our paid one.
To do this, we're making a few changes.
We understand that different market conditions require different time horizons and different strategies.
With yield opportunities, staking, and volatility, buy-and-hold isn’t always the optimal strategy.
So we're switching 1 paid report a month from this:
To a narrative-based report that allows us to put more nuance in our perspective.
Instead of covering $FTM, we will cover the entire Fantom ecosystem. Instead of just covering dYdX, we can cover the entire DeFi derivatives industry.
We'll still have asset reports, though, so if you've found those valuable, they're not going anywhere.
To open the door for more in-depth content, we're cutting back the free newsletter from weekly to bi-weekly.
That means our new publishing schedule will look like this:
How do we do expand so quickly?
Well, with my phenomenal team:
• @joeygcamp, a crypto-savvy analytics genius that has 10x my technical knowledge
• @knowerofmarkets, who will be contributing to narrative reports with his oracle-like ability to predict crypto trends
I’ll continue to write newsletters and run the publication from an editorial and strategy perspective, as well as continue with driving growth.
Thank you! And if you haven't subscribed yet, I invite you to do so via link below:
The brainchild of @AndreCronjeTech and @danielesesta (now officially named Solidly) is fully public and just needs someone to press 'deploy.'
Here's a breakdown of the new alpha and why I'm more bullish on it than ever:
Thread 👇
To get you up to speed, Solidly (token: $ROCK) is a new AMM with improved incentive mechanics (based on OHM and CRV) that:
• make protocols less beholden to liquidity providers
• improve fee revenues for $ROCK holders
• is issued as a locked NFT to the top 25 $FTM protocols
Based on the docs, Solidly will be a direct competitor to Curve: a protocol designed for more efficient swaps for both stables and normal crypto assets.
A more complex liquidity model means that it's structured for fee revenue instead of attracting mercenary liquidity to pools.
People are piling into the $FTM ecosystem as they realize it's got a few key catalysts in its favor:
• Strong price momentum
• @andrecronjetech's ve(3,3) token launch
• An undervaluation of project TVL
• A $1b incentive program
So what are the projects I'm looking at?
Well, value will probably accrue back to $FTM, making it a clear option, but for higher-leverage/higher-risk plays, most are looking at ecosystem coins.
Additionally, the top 20 ecosystem coins by TVL all stand to benefit from the new ve(3,3) token launch.
First, a top-down look at $FTM protocols by TVL.
Measuring protocols by TVL/MKT CAP isn't a perfect way to find undervaluation, but it can give us a place to start when gem-hunting.
Here's a table of the following coins and their $ETH analogs: