The Solidly Wars have played out in phases:
Understand these quick narrative rotations and you will be able to stay on the gravy train.
Stay stuck and you will fall off.
Understand these quick narrative rotations and you will be able to stay on the gravy train.
Stay stuck and you will fall off.
1. Positioning around allocations
The best plays promised cheap exposure to $SOLID
In this phase microcaps with token allocations pumped:
$PILLS pumped from $1 to nearly $3
Iron Bank pumped from $30 to $200
The best plays promised cheap exposure to $SOLID
In this phase microcaps with token allocations pumped:
$PILLS pumped from $1 to nearly $3
Iron Bank pumped from $30 to $200
2. Positioning around Control
Phase two happened immediately post-launch. Instead of owning exposure indirectly, now you could actually own voting rights and tokens.
The best plays were $SOLID, which went from $3 to $15
And $SEX, which went from $3 to $35.
Phase two happened immediately post-launch. Instead of owning exposure indirectly, now you could actually own voting rights and tokens.
The best plays were $SOLID, which went from $3 to $15
And $SEX, which went from $3 to $35.
3. Positioning around LP rewards
The next phase focused on sopping up $SOLID emissions. LPs that deployed quickly could expose themselves to 5000%/year
These APRs made tokens to run up as LPs rushed to buy tokens they could earn rewards on.
Small-caps with SOLID votes pumped.
The next phase focused on sopping up $SOLID emissions. LPs that deployed quickly could expose themselves to 5000%/year
These APRs made tokens to run up as LPs rushed to buy tokens they could earn rewards on.
Small-caps with SOLID votes pumped.
4. Positioning around First Movers
Yesterday, the narrative shifted to the fact that Solidly is insanely inflationary up front. Most rewards are distributed in the first month.
Control goes to those who can sop up the early tokens: so $SEX pumped while 0xDAO faltered.
Yesterday, the narrative shifted to the fact that Solidly is insanely inflationary up front. Most rewards are distributed in the first month.
Control goes to those who can sop up the early tokens: so $SEX pumped while 0xDAO faltered.
5. Positioning around LP rewards (round 2)
0xDAO is likely launching today, and with it, a whole round of boosted rewards. 0xDAO will most likely pump, same with the LP pairs with the highest.
0xDAO is likely launching today, and with it, a whole round of boosted rewards. 0xDAO will most likely pump, same with the LP pairs with the highest.
6. Positioning around Inflation
The next rotation? Protocols will compete on who can accumulate the most control over $SOLID without getting out-inflated.
0xDAO and Solidex have opportunities to compete here, as does WEVE.
After that, we'll see.
The next rotation? Protocols will compete on who can accumulate the most control over $SOLID without getting out-inflated.
0xDAO and Solidex have opportunities to compete here, as does WEVE.
After that, we'll see.
Huge buys rolling on 0xDAO
Wouldn't be surprised if it does a solidex launch-style grind up
Wouldn't be surprised if it does a solidex launch-style grind up
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