Nick Ford Profile picture
Nov 15, 2022 10 tweets 5 min read Read on X
Arbitrum is going to give us the next 100Xs.

Since I bridged to Arbitrum, it became my favorite ecosystem. With the release of the Nitro upgrade and it's best in class builders, it feels unstoppable.

Here are 6 projects you need to know, a quick 🧵 thread to get started.
This below is not an endorsement for any specific project. My goal is to highlight the incredible work and success the teams on Arbitrum have achieved.

As always, do your own research.
Bridging to Arbitrum is seamless thanks to their official bridge: bridge.arbitrum.io.

Popular bridges such as synapseprotocol.com also support bridging from any ecosystem.
#1 GMX @GMX_IO

$GMX is a decentralized perpetual exchange. Traders can go long/short with up to 30x leverage.

Participants can provide liquidity to the platform via GLP and receive 28% APR paid in $ETH!

Generating ~$1M in fees that go directly to stakers!
#2 Dopex @dopex_io

#DPX is a decentralized options exchange (European style). They just released a new product and are currently beta testing Atlantic GMX Liquidation Protection.
#3 Rage Trade @rage_trade

Rage trade has launched delta neutral vaults, turning GMX's GLP product, into the best stablecoin farm.

Be on the lookout for when the vault capacity increases!
#4 Plutus DAO @PlutusDAO_io

$PLS calls itself the "Governance Blackhole" which is a governance aggregator with a goal of maximizing liquidity and rewards. Already collaborating with Dopex, Jones, GMX, and Sperax.
#5 Vesta Finance @vestafinance

$VSTA Is the first layer-2 lending protocol allowing users to obtain maximum liquidity against their collateral with 0% interest! Users lock up collateral and are issued Vesta's stablecoin $VST.
#6 Jones Dao @DAOJonesOptions

$JONES introducing single click vaults offering "institutional-grade" option strategies. Perfect for users who'd rather be touching grass than actively managing positions.

Recently just launched Metavaults for Dopex!
If you enjoyed this intro, consider liking or hitting that RT.

Happy Farming 👨‍🌾

• • •

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

Keep Current with Nick Ford

Nick Ford 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 @CryptoWithNick

Aug 22, 2024
BitGo flew too close to the Sun, the downfall of $wBTC is set in motion.

Over $9+ Billion of $BTC is at risk, impacting all of DeFi as we know it.

This is everything you need to know for the next 60 days. Image
All the alfa I provide is completely FREE!

Hit that follow, like, repost, and bookmark!

Join my completely free Discord with 1000+ degens and alfa hunters!
discord.gg/BcZG3dzbEvImage
➤ What is $wBTC?

Ethereum only supports the ERC-20 token standard, so to use $BTC in DeFi, it must be wrapped to fit the standard.

BitGo holds the equivalent Bitcoin in custody and mints $wBTC for usage.

They handle the complete process of securing, minting, & burning $wBTC. Image
Read 14 tweets
Aug 21, 2024
Ethereum's endgame, all roads lead to @megaeth_labs.

The first L2 real-time blockchain, designed to handle 100,000+ TPS.

Testnet scheduled for September, here's everything you need to know and why I'm mega bullish. Image
All the alfa I provide is completely FREE!

Hit that follow, like, repost, and bookmark!

Join my completely free Discord with 1000+ degens and alfa hunters!
discord.gg/BcZG3dzbEvImage
➤ What is MegaETH?

Started as a research project focused on improving blockchain performance without sacrificing decentralization to devnet in just one year!

$ETH L2 with ultra-fast processing and low latency, developed by MegaLabs.

100,000 TPS, 1ms latency, mega throughput. Image
Read 13 tweets
Apr 8, 2024
Airdrops can increase your portfolio by 100X!

Don't waste time figuring out which are worth farming.

Below is your complete guide to 30+ of the best airdrops in 2024 and how to qualify. Many of them cost just $0 to get started! Image
All the alfa I provide is completely FREE!

Hit that follow, like, repost, and bookmark!

Join my completely free Discord with 1000+ degens and alfa hunters! discord.gg/N8V5FscBfJ
Image
@LineaBuild $725M

Linea is an Ethereum ZK-rollup L2 by Consensys

Complete Proof of Humanity

Bridge to Linea using native bridge


Linea Voyage: The Surge (Latest Campaign) poh.linea.build
bridge.linea.build
linea.mirror.xyz/NzFOD8A8tvKIqq…
Read 39 tweets
Mar 27, 2024
The biggest airdrop of 2024 will be @eigenlayer!

Five strategies you need to know on how to leverage up and earn 50X the points to maximize your airdrop! Image
All the alfa I provide is completely FREE!

Hit that follow, like, repost, and bookmark!

Join my completely free Discord with 1000+ degens and alfa hunters! discord.gg/N8V5FscBfJ
Image
➤ @pendle_fi

Allowing you purchase the Yield Tokens, leverage up your position up to 50X for native points or 10X for EigenLayer!

Purchasing 1 $ETH of Swell YT is equivalent to staking $38K+

Supports all major restaking protocols:
@ether_fi
@RenzoProtocol
@ZircuitL2
@KelpDAO
@swellnetworkio
@Bedrock_DeFi
@puffer_financeImage
Read 9 tweets
Feb 20, 2024
Ethena Labs' mainnet went live today with a massive airdrop opportunity!

Backed by the largest firms, creating a synthetic dollar protocol built on Ethereum.

$USDe pays 27% APR.

Remember Anchor Protocol's $UST 20% death spiral?

🧵Ponzi or future of finance? Let's dive in! Image
Please consider hitting that follow, like, repost, and bookmark!

All the alfa I provide is completely FREE!

Want to support? Please use my referral for Ethena: app.ethena.fi/join/hjdoe
Image
In this thread, we'll cover the below topics.

Skip around to what you care about!

Grab a coffee and let's go!

➤ Problem with Today's Stablecoin
➤ Market Opportunity
➤ What is Ethena Labs?
➤ What are the Risks?
➤ Massive Airdrop Opportunity
➤ How to Use Ethena Labs Image
Read 16 tweets
Jan 21, 2024
EigenLayer ecosystem is a chance at the next 100X!

Liquid Restaking will be a game changer. I've researched 10+ projects below that are setting up to be massive in 2024.

• Airdrops
• New token launches
• EigenLayer secret backdoor
• Supercharged yields
• My biggest bet Image
Please consider hitting that follow, like, repost, and bookmark!

All the alfa I provide is completely free! Image
What is @eigenlayer?

Introduced the concept of restaking, by depositing Liquid Staking Tokens (LSTs) including $stETH, $rETH, $swETH, & more!

By extending Ethereum's security to other chains and protocols, in exchange for fees and rewards.

Staked $ETH is repurposed to validate other protocols, creating an optimized system with opt-in slashing conditions.Image
Read 18 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!

:(