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Melbourne DAO Profile picture
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Mar 20 • 3 tweets • 1 min read
A data-driven way to rank the biggest players in #NaaS, based on the Total Value Locked in nodes.
- $STRONG: $557M
- $THOR: $135M
- $FIRE: $104M
- $PXT: $30M
- $PLAYMAKER: $26M
- $POWER: $20M
- $ATLAS: $12M
- $MEAD: $11M
- $UNIV: $10M
Read the callouts too👇 Image
Callouts 1:
- This is a work in progress, many including some popular projects haven't been added yet, so they are not ranked, e.g. $VPND and $COMB (I believe they will be top 10)
- Will reach out to projects for more data points
- Noticed $MEAD is awesome as ~1wk project
Callouts 2:
- TVL considers no. nodes, no. tokens req. and the price
- TVL is indicative. There are many factors yet to be included for a 100% fair comparison, e.g. reward distribution, token swaps, age of projects
- TVL doesn't mean how much $ a project has made off the nodes

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More from @melbourne_dao

Melbourne DAO Profile picture
Mar 21
What is TVL (Total Value Locked) in the context of #NaaS? How to assess a project objectively without the help of CTs?

0/10🧵
1/ First, what does it do?
If you are looking to invest in a DeFi project, you can’t get away with assessing the following:
- Token price actions
- The vibe of the project
- The demand for its services/offerings
- How does it compare to others?
The TVL has you all covered
2/ What is TVL?
TVL is a term generally applied only to DeFi protocols. These protocols mostly run under a “passive income” theme, i.e. “give me some money first, and I will use it to make you more in return”. The money you gave/locked is likely to be your VL in the protocol.
Read 14 tweets
Melbourne DAO Profile picture
Mar 9
A glossary of #Nodes/#NaaS features.

Hope this helps the new joiners and anyone who wants to DYOR in the sea of nodes.
#NodeArmy #NodeLife

0/39 🧵
1/39 Auto Token Burn
Tokens get burnt automatically to mitigate over-inflation.

2/39 Bonding
You get to buy discounted tokens, and vest for a certain period.
3/39 Daily Node Limit
There's a limit to the total number of nodes that can be created in a day.

4/39 Daily Trade Limit
There's a limit to the number of tokens that can be bought or sold in a day.
Read 22 tweets
Melbourne DAO Profile picture
Feb 24
A guide to surviving and making money in this bear market.

Note: the thread is not about hopium or soft advice. I'm just not good at these. I share what I did since Jan (worked pretty well) and what I will do.

18/18 Thread 👇👇👇
1/ Bad news
We are in bear, admit it, and we are likely gonna be here for a while. Looking at the charts, news, and sentiments, none gives us the confidence that we are going to break out higher soon. There might be some breaking good news, but that probability is low.
2/ Good news
The two major drivers at this stage are the rate hike and the war.
So, what happened in history with these two events?
Check out the charts: they did suck, but they were temporary, the market ALWAYS recovered, and the impact, on average, was neutral.
Read 20 tweets
Melbourne DAO Profile picture
Feb 23
A thread sharing the TOP 4 most innovative upcoming #NaaS projects.

4/4 Thread 👇👇👇
0.1/4 Preface
Rugs and low-effort forks are everywhere these days, even KYC becomes not so useful in identifying the rugs.
Imo the whitepaper gives us another angle, i.e. more innovations = more effort spent = more legit.
0.2/4 Disclaimer
Only the new projects with a whitepaper, KYC, or a plan to KYC prior to launch, are included.
I won't talk about the standard features, such as:
- Nodes as NFTs
- Reward booster NFTs
- Controls on token supply
- Node tiers
- $UNIV features
- High APY
- DAO
Read 23 tweets
Melbourne DAO Profile picture
Jan 23
A comprehensive analysis on this market crash
- Why crash?
- Is it over?
- Wen recover?
- What to do?
1.1/ Why crash? - Macroeconomics
Negative news all coming together this time
- Fed taper
- Interest increase
- Inflation
- Poor company earnings
- Weak consumer and business sentiment
- Covid
1.2/ Why crash? - Charts
- $BTC dominance dropped below 40%. Believe it or not, every time it reached this low, market crashed
- Almost “only up” for 2 yrs straight
- There's a downfall trend line $BTC didn’t break out
- Haven’t seen the 8/21 EMA cross
- Vol. has been declining
Read 18 tweets
Melbourne DAO Profile picture
Jan 23
A deep dive on $FTMP and when is the best time to enter? plus an alpha
👇👇👇
1/10 Intro
$FTMP is a printer protocol (or reflection token) that charges a higher tax from every trade. A big proportion is used to pay back the holders based on their % of the token in the total supply.

Details on how printer protocols work
2/10 Team
- Godspeed: You saw a project introducing new features every single day?
- Track of records: $aJwl + #NodeGame + $FMTP = $3M
- Vibe: Sharing surprises constantly, they know how to keep you on your toes
- Trust: Long term vision and transparency
Read 12 tweets

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