1/7 So what are the news about @AuraFinance. I must say i'm quite impressed by the development of the project, so here is a quick summary of the past few weeks ππ
2/7 Aura granted the Famous and Unique Llama Airforce for a specific Dashbord to follow bribes. Check this out: llama.airforce/#/bribes/overvβ¦
3/7 Thanks to #hiddenhand@redactedcartel solution deploying on #optimism, L1 vlAURA holders can vote for L2 pools and receive rewarss on L2.
4/7 First project to receive bribes through Aura is @beethoven_x.
5/7 Then, Aura is still getting more and more voting power, reaching the cap of 30% of veBAL, follow this website for getting updated as you wish: defiwars.xyz/balancer
6/7 Finally, something rarely seen in Crypto, the #DAO has taken some strict measures to protect the health of his project :
-Shutdown unhealthy pools
-Remove Aura rewards to other Bal liquid wrappers like @StakeDAOHQ
0/18 As you know, i'm a big fan & investor of $SNX. This is the reason why π A lot of personal insights, not of course not financial advice, do your own research:
1/18 First @synthetix_io is in the #Crypto market since 2018, and already overcome 1 bear market. So likely it will survive a 2nd one.
2/18 After discovering #DeFi on @FantomFDN , i switched earlier this year to on Layer 2 #blockchain , and finally ended up on #Optimism . I found there the best place i could find:
- Similar protocols as on #Fantom
- Blue chips protocol as on #Ethereum
1/12 CT keeps talking abt @GMX_IO, @GainsNetwork_io, @perpprotocol & @synthetix_io . So What do these Decentralized Trading Platforms have in common? What differentiates them from an investor point of view? i studied figures, did maths & gathered my conclusion here ππ¨βπ¬
2/12 I compare in this table some Financial figures summarized here below:
3/12 Ratio Market Cap / Total Value Locked: I always use FDV to compare projects between each other.
1/13 π Here is the monthly catch-up of Global #DeFi market analysis. Last one is here below with some conclusions about Smart Money leaving Defi. Was it still the case on July? Quick thread but you'll get the general trend where ecosystems are exploding.
2/13 TVL on @Defilama is at 68b$ at 31/July, increasing by +21% since end of June.
3/13 On the other hand, #crypto total market cap just crossed the 1b$ threshold and sitting now at 1,075b compared to 848b end of June, so +27% increase.
As an investor of #DeFi, there is no discussion saying that #Ethereum holds all the Blue Chips. Unfortunately, some times gas prevents me to invest & farm on L1. Here are some tips to invest on @AlchemixFi and @0xconcentrator whithout interacting with #Ethereum#blockchain πͺπ
These two protocols innovate by creating a liquid version of the autocompounding value behind their governance token, and added liquidity on other #blockchains to allow users / protocols to use it.
1/ Guys β°β°, it's time for a summary of ALPHA on @redactedcartel. A lot of you have waited a long time for that: Redacted V2 will launch on 8 August 2022. So let me tell you what these changes will bring (NFA, i'm $BTRFLY holder) ππππ¦ read till the end to know the timeline!
2/ First, the news just went out today, so give it a read if you are a $BTRFLY V1 holder. But what are the revenue generation products developped by @redactedcartel ?
π΄π΄It's time for a summup of Cycle 4 voting round and tell you the #DeFi proocols that just won $OP grant, and how you can benefit from them. Former cycle rounds summary can be found just below
1/ @QiDaoProtocol : Got 750k $OP. 80% will be given to users:
- 20% to reward borrowers
- 60% to incentivize $MAI liquidity on Optimism through
I remind you that $OP rewards are backed 1:1 in $MAI incentives! DYOR!! or make your own calculation MYOC!! But see what you can get:
2/ @beefyfinance : Finally, after 2 against voting round, the protocol manages to update the proposal to get that grant. It's gonna be 650k $OP which 35% will go to incentivize $BIFI liquidity and 50% to boost farm of native protocols of #Optimism