Wolf of DeFi πŸŒ– Profile picture
May 3 β€’ 4 tweets β€’ 4 min read
1./ Adding some $EVMOS to my portfolio. Why? πŸ‘‡

@EvmosOrg is both #IBC connected as it is #EVM compatible. This means dApps written in Solidity (the @ethereum coding language) can launch in @cosmos ecosystem without having to change their code!
2./ Why does this matter? Well, just compare the number of protocols of the top-5 EVM compatible chains with the top-5 non EVM compatible chains. I think @EvmosOrg could be the trigger for many protocols to start migrating to @cosmos.
3./ I've been told protocols like @AaveAave and @compoundfinance are already working on this.

This would not only be a boost in #IBC connected protocols, but also in the number of users.
4./ Currently $EVMOS is available on @diffusion_fi but I guess it won't take long for it to be listed on @osmosiszone and other DEXs.

In my opinion @EvmosOrg has everything to be a top-100 project, this might be your chance to be early πŸ‘€

β€’ β€’ β€’

Missing some Tweet in this thread? You can try to force a refresh
γ€€

Keep Current with Wolf of DeFi πŸŒ–

Wolf of DeFi πŸŒ– Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @wolf_of_defi

May 4
1./ Probably you’ve seen some tweets about the $RUNE deterministic price. What is it and why should you care? πŸ€·β€β™‚οΈ

Let’s dive into $RUNE, an asset with one of the greatest value captures out there! πŸ†
2./ $RUNE is @THORChain's native token. @THORChain is a cross-chain liquidity protocol. Because of its design, $RUNE always has a minimal value. This minimal value is the deterministic price.
3./ @THORChain is designed in such a way that there always needs to be 3 times as much $RUNE locked in the protocol as there are non $RUNE assets. So for each dollar of $BTC added in a liquidity pool, three dollars of $RUNE needs to be locked.
Read 10 tweets
Apr 25
1./ Although many people are bullish on $RUNE not everyone seems to get why it’s programmed to $100 and probably far beyond.

In this thread I’ll explain why @THORChain is a liquidity black hole and you probably want to accumulate more now it’s still cheap πŸ§΅πŸ‘‡
2./ First of all it’s important to know what @THORChain is. @THORChain is a decentralized liquidity network that enables swapping native assets against each other without using bridges. Next to this it’s possible to mint synths of native assets which will always keep their price
3./ But why is this important?

Currently going from one to the other chain requires centralized parties or trust. You can either use a CEX, which is centralized. Or you can use a bridge which requires trust. There are reasons why this is not the preferred way.
Read 19 tweets
Apr 21
1./ Yesterday I already posted about the @ApolloDAO staking update, but today I want to explain why I’m so excited in more detail.

Let’s have a look at $veAPOLLO! πŸ‘‡πŸ§΅

I promise, you won't regret reading this πŸ˜‰
2./ How do you get $veAPOLLO? What can you do with it? What would it mean for the $APOLLO demand, supply and price? I’ll try to answer all these questions.
3./ $veAPOLLO is the token you’ll receive once you stake and lock your $APOLLO. However, it’s not a 1-on-1 trade. You can choose to lock your $APOLLO for 1 week to 2 years.
Read 16 tweets
Apr 13
1./ One of the most important things to consider when investing in a token is why it would have value.

I invested in $LUNA, the value capture is obvious.
I invested in $RUNE, the value capture is obvious.

But why do I invest in $BRO, @BrokkrFinance's token?
2./ First of all, I'm not saying $BRO is comparable to $LUNA or $RUNE. The only thing I want to explain is why $BRO is a token of which I think it has a great value capture.
3./ So why is it?

@BrokkrFinance managed to design the protocol in such a way that it generates a stream of income for itself which will be shared with $BRO stakers. And this stream of income is a growing mechanism.

Do you want to know how? Continue reading πŸ‘‡
Read 18 tweets
Mar 31
1./ Tomorrow the @BrokkrFinance IDO on @thorstarter starts!

If you want to know why you definitely should consider participating, read this thread I wrote:


Let me explain how this IDO works πŸ§΅πŸ‘‡
2./ One of the most exciting things is that there is no #KYC needed to participate! However, people from the USA and Russia are excluded by the use of a geoblock.
3./ Because @BrokkrFinance tries to make this launch as fair as possible, there are no restrictions to participate. So you don't have to hold any tokens to be eligible.
Read 11 tweets
Mar 28
1./ @BrokkrFinance is a project build on @THORChain and this week the #IDO starts! I'll participate and I think it might be interesting for everyone.

What is @BrokkrFinance? Why do you want to have the $BRO token? What will the IDO look like?

A thread πŸ§΅πŸ‘‡
2./ @BrokkrFinance is aiming to be a simple to use #DeFi platform. It will use @THORChain's synthetics, @mirror_protocol's mAssets and @terra_money's stable coins to start with.
3./ In this way you'll be able to invest and trade a lot of different assets without having to go to different chains or protocols.

But #DeFi is more than just buying and holding...
Read 17 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(