Here’s an infographic that shows the estimated size of various asset classes.

Crypto is only $2.5T

All these assets combined are > $500T.

Most of these assets will get tokenized over the next decade or two, and the protocols that tokenize them will capture a lot of that value.
1/ Why would we want to tokenize assets like stocks?

– Globally accessible, tradeable 24/7/365
– Transparency
– Verifiable ownership (unlocks doors like voting / rewards)
– Programmable asset is infinitely more useful (collateral, derivatives, automation, direct transfers, etc)
2/ Why tokenize real-estate?

– Fractionalized investing
– Globally accessible, tradeable 24/7/365
– Diversification through bundling
– Add liquidity to illiquid market
– Reduced friction of transactions
– Plug into smart contracts to collateralize, create derivatives, etc
3/ The general idea is that programmable assets that can plug into smart contracts are infinitely more useful than the legacy versions of these assets.
4/ For example: @mirror_protocol already allows users to trade tokenized synthetic stocks

Unlike regular stocks on an exchange like the #NYSE, tokenized stocks can be:

- Traded globally 24/7/365 by anyone

- Farmed for yield (20-30%+ currently)

- Used in smart contracts

+++
5/ Read our much more detailed thread about @mirror_protocol, including:

- A step-by-step guide on how it works

- How you can to use it to farm for rewards.

+++

6/ Contributor ✍️: @shivsakhuja

Like / RT / Follow for threads about #crypto and #DeFi.

#WAGMI

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More from @Momentum_6

Jan 26
💊M6 Daily Bullets💊
📅Wednesday - January 26th📅

Redacted Roadmap

⁍Redacted Cartel has plans to revamp their tokenomics and is focusing on long term revenue generation strategies.
2/2
⁍Emission decreases, better long-term staking options, and strategic seed investments in some new revenue generating projects are just some of the coming improvements that could save the day for BTRFLY holders.
Grayscale is shopping for shitcoins

⁍Grayscale just updated their list of new assets they will make available to their investors.
Read 18 tweets
Jan 25
💊M6 Daily Bullets💊
📅Monday - January 24th📅
FOMC meeting will offer some clarity.
reuters.com/business/finan…
⁍The Fed’s easy monetary policies over the last 2 years have created an environment conducive to high-risk investment strategies.
2/2
⁍As officials discuss the next 2 days, investors and business owners will be watching to determine the best action moving forward. If Int. rates go up: markets continue to get rekt and biz's struggle. If Int. rates stay low: The price of everything goes up. Pick your poison.
Institutions giveth, Institutions taketh away
cnbc.com/video/2022/01/…
⁍Mike Bucella pointed out on CNBC that not much has changed in crypto as far as innovation and adoption. What we’re seeing now is a ‘Macro move’ due to a “market digestion of interest rate policy"
Read 22 tweets
Jan 24
It isn't clear to everyone why #DeFi is better than TradFi.

Sure, bringing financial services to #crypto is cool - but why is it better?

In this thread, we're going to explore the benefits of trading stocks using @mirror_protocol to illustrate the power of #DeFi 🪞 🧶 👇
1/ Mirror Protocol (@mirror_protocol) allows you to trade stocks the same way you trade cryptocurrencies in #DeFi 🪞

You can

– Buy / sell synthetic stocks (called "mirrored" assets) on a DEX.

– Farm them for yield (long or short) just like with any other tokens. 👨‍🌾
2/ Now why anyone would want to do that instead of just buying #stonks on @RobinhoodApp?

It's easy to understand why 19% interest in @anchor_protocol is better than 0.5% in a TradFi savings account.

But why #DeFi stocks over TradFi stocks?

Here are some reasons 👇
Read 15 tweets
Jan 22
MakerDAO’s gbMKR Proposal

⁍MakerDAO is currently entertaining a proposal to replace MKR with gbMKR for gov. voting. tokens will be lockable in a Voting Escrow, similar to Curve, but more focused on long term gov. participants.
2/2
⁍gbMKR would be non-transferable, but could be bypassed with wrapped derivatives like Yearn’s yveCRV vault or Convex’s cvxCRV product. This would give gbMKR holders a gov. boost but no additional economic incentives. They can be added later.
Harmony puts new fund to work

⁍21 proposals have been approved supporting several new products on Harmony. The 1st Algo stablecoin, a new smart contract analytics platform, an NFT marketplace, new P2E games, a perp protocol, decentralized AI, and others.
Read 21 tweets
Jan 21
Getting to other chains early is key to success in #DeFi. The best yields are not on the biggest chains.

Bridging $ can be intimidating, confusing and expensive.

Here are the best methods we've found to bridge assets from / to any chain 🧵 👇

$SOL $MATIC $NEAR $FTM $LUNA $ONE
1/

For some background info, EVM chains like $ETH, $AVAX, $FTM, $MATIC, $BSC, $ONE, $AURORA are compatible with @MetaMask.

Non-EVM compatible chains include:
- $LUNA
- $SOL
- $ATOM
- $DOT
- $BTC

These chains can not be used with Metamask, you need different wallets.
2/

1. From a centralized exchange

Using a centralized exchanges like @Binance, @kucoincom, @gate_io etc is often the easiest way to bridge assets.

They allow withdrawals between many chains, and you can swap tokens without gas.

See @shivsakhuja thread:
Read 15 tweets
Jan 21
💊M6 Daily Bullets💊
📅Thursday - January 20th📅

FairSide Network makes crypto Insurance work
twitter.com/fairsidenetwor…
⁍FairSide sets the standard for crypto insurance by offering some key differences, like cover on different chains and one membership covering all of your assets
2/2
⁍They’ve also give careful consideration to Incentivising users with “tribute fees” and governance rewards based on your conviction score, as well as skipping the lock-up period for stakeholders. IBO coming soon.
Betswap.GG launches on Sushi
medium.com/@Betswapgg/bet…
⁍Betswap is a sports betting exchange that recently received a large investment from Wonderland Finance and others to bring on-chain sports betting to Sushiswap and will be live on ETH, FTM, and AVAX (to start).
Read 15 tweets

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