/1 The #crypto projects that keep innovating in this bear market are here to stay. 🚀

If you're looking for interesting projects that continued to evolve, this thread is for you!

Here are my favorite #DeFi projects based on their recent progress 🧵 👇 Image
/2 @traderjoe_xyz - the biggest #DEX on #Avalanche

There isn't any DEX project that progressed as much as Trader Joe in 2022.

Here are their most important recent achievements:
- a brand new innovative launchpad
- Tokenomics Overhaul
- a new NFT Marketplace Image
@traderjoe_xyz The team stated that they are working now at DEX V2, which will be a new type of AMM.

They didn't give us many details about it, but I promise to keep you updated on the latest news regarding DEX V2.

Here's an in-depth thread about Trader Joe:
@traderjoe_xyz /3 @ElrondNetwork - a L1 project

Elrond Network is one of the most scalable blockchains in the Crypto Space.

The team is very dedicated to the project mission and has recently launched:
-a new cross-chain bridge
-a unique price discovery mechanism for their DEX Image
@traderjoe_xyz @ElrondNetwork -Metabonding - a community bootstrapping product for Web 3 startups - projects distribute 10% of their supply to the EGLD stakers to benefit from a promotion campaign.

The Elrond team has recently made 2 interesting acquisitions. Here's a 🧵 about their importance:
@traderjoe_xyz @ElrondNetwork /4 @finance_ref - the main DEX from the #NEAR ecosystem

The Ref Finance team's recent progress shows that the project is here to stay:
- smart routing for better prices for traders
- liquidity aggregation(Near <> Aurora)
- a new veToken model(currently on Testnet) Image
@traderjoe_xyz @ElrondNetwork @finance_ref The most important update IMO is liquidity aggregation, which allows traders to swap using DEXes on Aurora for a better price from the Ref Interface.

I have recently published an in-depth thread about Ref Finance if you want to learn more:
@traderjoe_xyz @ElrondNetwork @finance_ref /5 Avalanche - a L1 project

Avalanche is the most feared Ethereum competitor IMO.

Here's the project's recent progress:

-a new wallet called Core which will allow fast transfers between C-chain and Subnets
-a Bitcoin<->Avalanche bridge
-new tools for subnets developers Image
@traderjoe_xyz @ElrondNetwork @finance_ref /6 A lot of new Avalanche subnets are expected to launch this year. The most exciting upcoming one is @playcastlecrush(a web 2 game with millions of active players) subnet.

Another interesting upcoming subnet(@CosmosAVAX) will allow devs to port Cosmos DApps to Avalanche.
@traderjoe_xyz @ElrondNetwork @finance_ref @playcastlecrush @CosmosAVAX /7 That's all!

If you found this thread helpful, please leave a like and retweet the 1st tweet. 🤝

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More from @TheDeFinvestor

Jul 21
/1 Synthetix is the most undervalued protocol in the #DeFi space based on its 30 days revenue🤑

But how does it work?

How did it generate $11M revenue in the last 30 days?

A 🧵 about @synthetix_io and its roadmap👇 Image
@synthetix_io /2 Overview

Synthetix is defined as a decentralized synthetic asset issuance protocol.

So Synthetix allows the creation of synthetic assets(Synths) without being backed by the original asset.

But why would someone use a synthetic asset? 🤔
@synthetix_io /3 Here are the top benefits of the Synths assets:

- you can hold a synthetic token that tracks the value of any asset(AAPL, oil, S&P 500, EUR, BTC, etc.)
- whales can do large swaps with nearly 0 slippage
Read 14 tweets
Jul 19
/1 The battle⚔️ of Perpetual DEXes has begun.

Decentralized perpetual exchanges are a trending topic right now. 🔥

So I decided to compare the most popular ones:
@dYdX
@GMX_IO
@GainsNetwork_io

Join me for a 🧵 to find out more about their Pros and Cons 👇
@dYdX @GMX_IO @GainsNetwork_io /3 Let's begin with a small recap. 🧾

gTrade and dYdX offer synthetic exposure to multiple assets, while GMX allows traders to open trades using only the assets from GLP pool.

The synthetic exposure allows the first 2 DEXes to list every asset that has an oracle price feed.
Read 17 tweets
Jul 18
/1 #Elrond project's recent progress is impressive🤯

Elrond's team made some mind-blowing acquisitions in the last months in order to establish itself as a bridge between TradeFi and the #crypto space 🔥

A 🧵 about the strategy that @ElrondNetwork uses to succeed 👇
@ElrondNetwork /2 Technology🧑‍💻

Elrond Network uses Adaptive state sharding and PoS consensus in order to achieve high scalability.

Elrond's team stated that Elrond can achieve 15.000 TPS at this moment, with the possibility to scale up to 263,000 TPS due to its sharding model!
@ElrondNetwork /3 As I said in the first tweet, Elrond took a different approach to make interested more people about the Crypto space.

In order to accelerate the onboarding process for the new users, their team recently acquired:
-Twispay
-Utrust
Read 10 tweets

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