0/18 As you know, i'm a big fan & investor of $SNX. This is the reason why πŸ‘‡ 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
3/18 Hence, i find there @synthetix_io. Being specialized in DEXes, my real focus on @synthetix_io started when they implemented their Atomic Swaps technology, brining trading fees and thus rewards to $SNX stakers to space!
4/18 And since innovation is a wheel that doesn't stop by its own, @synthetix_io just announces having partnered with @OpenOceanGlobal , @CurveFinance and one other DEX aggregator @1inch :
5/18 Then, i started to invest on $SNX. But i always say, #Farming rewards will never be greater than #Crypto price volatility, so i waited a long time for a good price entry, and use basic charting on #TradingView . Note: It's a long term play with a DCA strategy in place.
6/18 I started to see the @synthetix_io flywheel and finally find the Heaven place where you can use all #DeFi products in one place, and on a #blockchain with few cts of gas fees. And everything turned around $sUSD, minted after staking $SNX.
7/18 About #staking $SNX, i just release the most complet tutorial you will never find on @youtube in πŸ‡«πŸ‡·. The πŸ‡ΊπŸ‡Έ is planned for end of the month:
8/18 As part of @synthetix_io ecosystem, you can with $sUSD:
- Trade with leverage using @kwenta_io. And thanks to #optimism Grants, @kwenta_io has opened a trading competition with 20k $OP gifts:
9/18 @kwenta_io has still no token, but $KWENTA is planned to be launched on November, with a #RealYield shared with stakers:
10/18 @lyrafinance : Options protocol. If you know about @dopex_io, then you have a similar protocol built on top of @synthetix_io .
11/18 @PolynomialFi just started as well, built on top of @lyrafinance to offer Options Vaults.
12/18 Finally, @thalesmarket is something i've been following since a lot of time as an investor of @Chiliz , Parimutuel on anaything, and recently on sport games with @OvertimeMarkets Dapps. Wanted to bet on your favorite team, check @thalesmarket !
13/18 Finally, i can't talk about the past without thinking about the future. @kaiynne released some information @synthetix_io V3 which will get the protocol to the next level:
- Alternative token as collateral
...
14/18- Fees reducation and Atomic Swap mass adoption that should increase trading volume up to x50
- Easier staking process
- Rebuild of the complete program
- Permissionless protocol
Here is a summary of the Drats proposal about V3.
15/18 And last but not least, their Perp solution as named as @kwenta_io , @synthetix_io revealed a brand new Perp V2 coming this year:
16/18 This world is just amazing, as somone outside the Finance System, i'd never gotten the chance to dig into these kind of products and understand the way they work. Now #DeFi allows me to create such educational content & i think this is the first thread that goes so smooth
17/18 out of my head. Again it's not a Financel Advice so mind your action. But if you wish to know more about @synthetix_io ecosystem, i will promise you to dig for you every news so that i can tell you how things work and hopefully you being able to make money out of it.
18/18 It's been a long thread, might be also SNX Maximalist, but i just like when an ecosystem is easily accessible, and with a such helping community. If you like this thread, i'd be happy if you retweet it:

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More from @Subli_Defi

Aug 21
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 πŸ‘‡πŸ‘
2/7 Aura granted the Famous and Unique Llama Airforce for a specific Dashbord to follow bribes. Check this out: llama.airforce/#/bribes/overv…
3/7 Thanks to #hiddenhand @redactedcartel solution deploying on #optimism, L1 vlAURA holders can vote for L2 pools and receive rewarss on L2.
Read 7 tweets
Aug 16
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 πŸ‘‡πŸ‘¨β€πŸ”¬
2/12 I compare in this table some Financial figures summarized here below: Image
3/12 Ratio Market Cap / Total Value Locked: I always use FDV to compare projects between each other.

FDV/TVL: @GainsNetwork_io is first, followed closely by @synthetix_io and @GMX_IO
Read 13 tweets
Aug 8
1/13 πŸ“…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.
Read 15 tweets
Aug 7
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 πŸ’ͺπŸ‘‡
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.
@AlchemixFi governance token is the $Alcx only available on #Ethereum Mainnet
Read 11 tweets
Aug 5
1/ Guys ⏰⏰, 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) πŸ‘‡πŸ˜ŽπŸŽ‰πŸ¦‹ 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 ?
3/ HIDDEN HAND - The ultimate Bribes Marketplace - Soon crosschain ! You can read a detailed analysis from @SmallCapScience
Read 18 tweets
Aug 5
πŸ”΄πŸ”΄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

Let's see the winners of Cycle 4 πŸŽ‰πŸŽ‰
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: Image
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
Read 8 tweets

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