1/ $FTM Daily stats for 4-25-2022 🧵

🚨 Total TX: 755,069
⏰ AVG Block Time (TTF): 1.22s
🧱 Total Blocks: 70,604
👻 New Wallets: 9,065

$FTM fam, I can't deny the current price action pain. I feel it, you feel it, we all do. How we band together now sets the tone for the future!
2/ In dark times it’s easy to lose sight of progress. The trollers & fudders emerge from their mums basement spreading fear to perpetuate the division of community…

It’s easy to lose confidence in these moments.

However, I'm reminded $FTM is still making great progress...
3/ @FantomFDN continually strives to make #Fantom network better. They've released the of the new fWallet with multiple upgrades:

- Modern UI
- Management of Fantom ecosystem tokens
- Simplified on-chain governance voting
- In-wallet swap & bridge
- Redesigned staking interface
4/ The user growth continues to rise, even despite the obvious downturn in the $FTM price...

- $FTM is still averaging 10,500 new wallets per day
- This is still 2,500 more p/d than $AVAX
- $FTM is a mere 90K wallets away from 3,000,000

Low prices may bring new participants...
5/ @stader_ftm is ushering in a new era of Liquid Staking to #Fantom, helping solve challenges of securing, decentralizing, & scaling Fantom Network.

The release of $sFTMx also brings new Defi opportunities devoid of Imp Loss across the majors DEXs on $FTM

DeFi remains robust!
6/ Metaverse projects are evolving & three on $FTM seem to have real longterm promise here:

@8bit_metaverse
@pod_town
@SlothtopiaNFT

Metaverse platforms can draw on the wide variety of dApps across the Fantom network to provide ready-made functionality to users... Image
7/ Massively successful projects have come from #Ethereum to #Fantom in recent weeks...

Notably, @WOOnetwork who will help deliver deep liquidity to #Fantom...

Plus, @1inch the popular DEX aggregator, helping us find the cheapest swaps on #Fantom...
8/ #Fantom added it's first protocol supported with a @chainlink price feed in @SpookySwap...

I've also heard from quiet reliable sources other Chainlink supported integrations are coming for additional protocols on $FTM shortly.

This will be hugely important moving forward!
9/ When adversity strikes, you have to make plan revisions. That goes for us as investors & our $FTM protocols alike.

However, I know one thing, on $FTM our builders: BUILD. I believe the $FTM 'V2' vision & narrative is still very much moving forward...

10/ Further, there is so much more going on with $FTM on a weekly basis that not detailed here...

Ask @ChadMcchief, or better yet, listen to his podcast.

Or better yet, yet, read his weekly wrap ups:

11/ I cannot control the price of $BTC or what happens next with a bull / bear market...I can't control the price of $FTM either...

But I see the development that gives me confidence to be here.

What I can control is myself, my response & my dedication to our community.
12/ So...

Will I be trolled for this type of thread? Yes.
Will I be ridiculed for being a $FTM believer? Yes.
Will people call me dumb for being a bag holder? Yes.

That's their right to do so. It is what it is.

The fundamentals of $FTM & building haven't changed at all...
13/ TBH, my career decisions have given me a sense of nervousness. I'm human! But, I also believe in the long term vision here.

Take care of yourself, your family, our community & the rest will take care of itself. We're in the tough time now

I'm here with you $FTM fam, bet ✔️
14/ What's clear is a businesses success, my personal success or the #Fantom networks success is not linear.

Fear is a motivator. Price action a potential opportunity.

Life continually reminds me that success looks easy to those who were not around when it was achieved... Image

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More from @crypto_klay

Apr 29
1/ If you watched #FantomUnchained, the $FTM man (@FTMAlerts), discussed an interesting indicator in Dollar Currency Index: DXY.

I'm no macro economist. But, I can read 🙃 so I did some digging 🧵

Here is a historical chart of US GPD vs. DXY ending in 2020 = moving correlation! Image
2/ In 2021, when this chart was released GPD fell YoY:

2020 = -3.4% GDP (red decline)

2020 was the worst year for economic growth since WWII, coronavirus ravaged factories, businesses & households.

The chart maker expected 2021 to continue GPD decline (I.E. DXY headwinds)...
3/ BUT, thats not how it went.

2021 saw real GDP grow 5.5 percent, the fastest pace for any year since 1984, fueled by increased inventory investment and increased service spending.

2021 GPD = +5.5% (factoring in inflation)

With GPD growth, DXY rocketed 🚀 (bottom yellow box) Image
Read 13 tweets
Apr 13
1/ $FTM Fam, @stader_ftm launches April 18th & their AMA tour has been full blast 🚀

Here, I'll summarize the key points from their @beethoven_x & @Spirit_Swap AMAs 🧵

- Background
- Why $FTM & what they solve
- Products & services
- Liquidity & Partners
- $SD token & more!
2/ Their origin launch was on $LUNA as @staderlabs:

They've an impressive 722MM TVL there!

Core function:

Stader is a Staking Middle-Wear infrastructure provider. They help secure & operationalize Proof-of-Stake networks. They aim to bring the next 1BB+ users to staking...
3/ So, why build on $FTM next?

A. $FTM utilizes a DAG Proof-of-Stake (the alignment)
B. $FTM has a thriving DeFi ecosystem (the plus)
C. $FTM has super strong community (the users & devs)
D. $FTM is unique tech that makes transactions super fast & cheap (the differentiator)
Read 23 tweets
Apr 8
1/ Are you seeing the vision of @beethoven_x develop before your eyes? 🧵

It's mind blowing what's going on! Taking a closer look...

They've released the new '4 Pool', the brain child of @stablekwon & the potential future of multi chain stable liquidity. No joke, all chains...
2/ This pool can easily end up becoming the king of Curve stable liquidity quickly

Now, it lives natively on $FTM!

Importantly, it could be a TVL vacuum for @beethoven_x for super deep stable liquidity...

But, it's the technical innovation that I'm seriously marveling over!
3/ The power of @BalancerLabs technology is now being showcased in its greatest form to date 🤯

A. Linear pools - wrapped tokens being sent to Yearn
B. Weighted pools - make this '4 pool' possible
C. Boosted pools - the sustainable layer APR innovation

Only from @beethoven_x 👆
Read 13 tweets
Apr 3
1/ Quarterly Business Reviews, 'QBRs', we’re huge in my old life

Evaluating current vs. future state of biz health, growth opps. & strategy evals.

With the close of Q1 2022, I see a new paradigm developing on $FTM & w/ its bluechip DeFi protocols...

The $FTM 'V2' Future 🧵
2/ 2021 was a coming out party for $FTM

@FantomFDN showcased their leadership & gained our trust

@FTMAlerts hit 100K+ followers via ecosystem education & community (YOU!)

And our DeFi bluechips established their identities…$FTM TVL grew to 8.4BB, 5th largest chain overall
3/ With excitement, our QBR will focus on the $FTM 'V2' narrative…

Much like the maturation of DeFi Summer to DeFi 2.0...there are signs & signals all over, that we are headed towards the next wave of maturity on $FTM

The breadcrumbs are everywhere, truly too many to showcase!
Read 26 tweets
Mar 29
1/ $FTM fam, it's threadooor time! If you're like me, you may have noticed a recent trend:

Ethereum giants are coming to $FTM 📈

Now, @AlchemixFi V2 is nearly here!

Let's breakdown 🧵:

- What they do
- Why they're choosing $FTM
- What they'll bring
- Launch & Big Picture
2/ For those unfamiliar with $ALCX:

@scupytrooples is the founder, a web3 legend & DeFi 2.0 pioneer of the space. Yet another great Dev comes to $FTM

Importantly: Alchemix offers Self-Repaying Loans that allow you to leverage a range of tokens without risk of liquidation...
3/ By borrowing a synthetic version of the asset you deposit you'll avoid the risk of liquidation. Using your collateral they earn yield on your behalf to pay off your loan.

This concept has made them a giant in DeFi...

They currently have $713MM in TVL on Ethereum!
Read 26 tweets
Mar 10
1/ At times, it’s hard to make sense of things. Rationalizing market sentiment & rationale becomes taxing.

In these times, I like to analyze available info/stats, & remind myself why I came to $FTM

What does competitive data show us?

Comparing $AVAX, $SOL, $FTM and $MATIC Image
2/ Each chain generates between $1-2BB in trade volume daily.

$MATIC usually leads, but none massively outpace the other. Often, they will flip-flop based on shifting TVL.

Usually caused by “shiny object syndrome”, depending on the current market narrative (or APR chasing)
3/ So, with similar daily network volume (monetary throughput), why are their market valuations so unjustifiably different?

Total MC rank:

$AVAX: #8 MC
$SOL: #10 MC
$MATIC: #17 MC
$FTM: #38 MC

Looking at more data...
Read 26 tweets

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