ALΞX Profile picture
May 6 12 tweets 9 min read
🧵 The market is tough right now so it's time to get behind projects with strong teams, use case and potential. I'm still bullish on #FaaS and here's a thread on @TheCryptoTrian1 $MUDA a #DeFi3 project that differentiates itself from competitors in some interesting ways! 1/12
The business strategy is composed of 3 pillars. The 3 sides of the triangle aim to make $MUDA an easily accessible form of passive income across multiple chains with direct retail onboarding via fiat onramp. The objective is to offer well rounded, safe and profitable #FaaS 2/12
Pillar 1 was launching multi-chain with a custom BEP to ERC20 bridge from day 1, allowing users to choose to invest on either #Ethereum or #BSC, as well as offering arbitrage opportunities to align the market cap on both chains. 3/12
Pillar 2 builds in a retail use case from day one. The team are working with Flooz to enable direct fiat to $ETH purchases and #ETH to $MUDA swaps direct on the @TheCryptoTrian1 website. 4/12
Pillar 3 is the STAY Protocol (Safe Trading and Yield). The treasury funds (collected by buy and sell taxes) will be invested in strategies such as #stablecoins and futures to generate safe, reliable returns for holders ($ETH or $BNB dividends) in all market conditions. 5/12
In difficult market conditions investors need a safe haven for reliable returns. I aim to help the $MUDA team to shape their strategy and also one of the team is a trader with a very strong track record of performing in all market conditions. Here are there personal results. 6/12
Details on the token. Supply is 1T, split across #BSC and #ETH with 50% burned to and ongoing burns that make $MUDA deflationary. Buy/sell tax is relatively low at 4% either way, with 15% for selling within 24 hours of buying - to incentivise holding and boost the treasury. 7/12
The STAY Protocol dashboard will be live soon. The team are close friends and doxxed to one another but are considering a multi-sig treasury wallet to further boost investor confidence. Liquidity is also locked on both chains (currently for 280 days and will be extended). 8/12
There is a good sized team of 6 with expertise across tech, design, marketing and trading. There are no team tokens, they invested like everyone else and having spoken with them I like their approach (some $MCC OGs who want to do #FaaS the right way). 9/12
They've garnered good support from the likes of @BITCOINTRAPPER and @IncomeSharks (check out the $MUDA AMA linked below). @PennyBags_ is also onboard (he made me some good gains back in the day from the Infinity Research group he was a part of).

discord.com/channels/40587… 10/12
I'm confident that more big supporters will be joining soon. The market is tough but these guys are enthusiastic, committed and building. They are realistic and here for the longterm and these are the types of teams I like to support. 11/12
I'm advising the project, this is my own deep dive research on the project it is #NFA and you should always #DYOR

📈dexscreener.com/ethereum/0x4a1…
🐦 twitter.com/TheCryptoTrian1
🌐 thecryptotriangle.com/#fiat
📩 t.me/BermudaPreVeri…

Check them out on #BSC and #Ethereum 12/12

• • •

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

Keep Current with ALΞX

ALΞX 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 @CrossChainAlex

May 7
🧵 Here's how I make 43% APY on $USD (and my $EUR, $ETH and $BTC) by utilising a fully regulated brokerage service called #Freeway. Perfect for bear markets and I personally believe it is safer and with a better R:R than e.g. $UST on #AnchorProtocol or $USDD on #TRON. 1/20
❗ This is my own research presented in an objective manner. I include a few of my own opinions. Not financial advice, do your own research, be aware of the risks. Learn about #Freeway here (referral link, but using it boosts your rewards by 2%):

app.freeway.io/ref/fw10f3f9b9 2/20
📜 Background: founded in 2017 as #AuBit, rebranded to #Freeway. Global team of 40+. Formally registered operations registered in Greece, UK, and Germany (prime brokerage), Estonia (licensed virtual currency exchange), and Seychelles (business operations). 3/20 ImageImage
Read 20 tweets
May 4
🧵 Was cooking dinner and mulling over tokens, why there are so many, do we ever need them, maybe ERC-20 tokens are not what we thought they were, and why I'm slowly catching on to the potential of #NFTs. Random thoughts, some of it obvious, felt like typing it up. 1/16
Currently I only really see two "use-cases" for the majority of ERC-20 tokens in most cases not providing much real utility. Projects create them as it is an easy way to bootstrap a fundraise and a way to provide future incentives to use their protocol. 2/16
Us guys follow that thread and look to speculate on this something out of nothing value creation to try and acquire these tokens at lower prices and sell them at higher prices, whilst trying to outrun lack of real utility or high emissions. 3/16
Read 16 tweets
May 3
🧵 An attempt at an objective review of #YieldNodes. A #masternode service that has generated an average of 10% a month on #stablecoins for 3 years to date. Like everything in #crypto it is high risk. I present the pros, cons, benefits and risks, as objectively as possible. 1/12
What is it? #YieldNodes offer managed masternoding, pooling investor funds, and managing the infrastructure and profit distribution. Here's a link for you to #DYOR. It is a ref link which means I receive a small commission on any deposits you make.

yieldnodes.com/?a=yGVRgX39EPQ… 2/12
What are #masternodes? Here is the investopedia definition and a link for you to research in your own time. Masternodes have been a commonly used part of #blockchain infrastructure for many years so it is nothing particularly exotic or innovative.

investopedia.com/terms/m/master… 3/12
Read 12 tweets
Apr 29
🧵 On the theme on legit projects with strong teams, real utility and a long-term game plan and upside, here's a thread on @ADRTtoken $ADRT. A really unique project that I would categorize as a #DeFi #IaaS protocol. Here's what I like about it. 1/9
🚀 So, what is it? There is a 12% buy and sell tax. 4% goes back to holders as #ETH reflections, 4% to an investment treasury to generate returns for holders, 2% to liquidity, and 2% to marketing. So, there are taxes, but they are sensibly distributed and deployed. 2/9 Image
🧑‍🤝‍🧑 Team: we're all tired of getting rugged by anon devs, and it's a cliche but people buy people, and the founders James and Kris are both fully doxxed (in fact I'm meeting Kris for coffee next week). They are also joined by 3-4 others with extensive experience. 3/9 Image
Read 9 tweets
Apr 21
🧵 A dose of reality on shitcoin triablism: Had a tough couple of weeks in the market, as have many. Today I had a good day and I'm happy with that. I also saw a lot of things that made me sad and and wanted to share a few thoughts. 1/12
I got into crypto in 2017 primarily because I thought #smartcontracts on #Ethereum sounded interesting. I'd heard of $BTC but wasn't honestly never thought the use case would catch on - yeah I legit thought about use cases back in the day 😆 2/12
Long-story short at first I was fascinated by the technology and potential of #blockchain but it didn't take me long to get sucked in by quick riches, ran 4 figs up to 6 figs pretty quick, was planning my retirement (lol) and then got totally rekt in the bear market. 3/12
Read 12 tweets
Apr 1
🧵 Setting yourself up for success in #crypto. CT would have you believe everyone is a millionaire all in on up only low caps. This is far from the truth - most are #ngmi due to poor portfolio management. Here's some tips.

#DeFi #Ethereum #Avalanche #Cronos #Metis #Cosmos 1/13
🖊️ Plan your strategy, and stick to it. This will depend on your starting bankroll, e.g. smaller size may need to take more risk, larger size can be more conservative. Learn risk management and your risk appetite. Broadly stick to your plan and stay in the game. 2/13
📓 Record and track everything (examples below). When executing your plan record data and notes. Of course you can flex the plan when you see certain things are working and other aren't. You do need to be adaptable in #cryptomarkets but don't mindlessly jump around. 3/13
Read 13 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!

:(