ALΞX Profile picture
Jan 15, 2023 14 tweets 11 min read Read on X
🧵 Things are hotting up for @FactorDAO. The public sale on @CamelotDEX is coming up fast in 5 weeks (announcement soon!).

Here's a recap on what $FCTR is all about and some sneak peaks into what's going on behind the scenes (plus some alpha if you read to the end) 👀 1/14
❓ Let's simplify exactly what @FactorDAO is!

It's bringing the multi-trillion $ asset management sector on-chain for #DeFi.

No code vault creation utilizing any asset to create any type of strategy.

One click deposit and passive #realyield generation for investors. 2/14
🕴️ In #TradFi the average person does not have the time or knowledge to invest effectively.

Instead they invest in indices, or ETFs, or give their money to an asset manager or hedge fund.

The objective is to deposit money, let a professional manage it, and receive returns. 3/14
😕 #DeFi is no different, if anything it's more complex - staying on top of trends, bridging, re-balancing etc. It's hard.

The average current (and future) user wants a simple way to access these strategies and returns without having to do it themselves. 4/14
❎ This need is currently met by the launch of multiple individual protocols often designed to serve a limited number of strategies.

This requires an entire infrastructure, often a new (superfluous) token, and the strategies are protocol run, inflexible and siloed. 5/14
🤓 @FactorDAO takes a new approach. It integrates (potentially) any and all #DeFi assets.

It acts as an infrastructure layer enabling anyone to easily combine any of these assets to create any totally unique instruments/strategies/vaults. 6/14
✅ Vault creators (asset managers) can use this to create passive or actively managed strategies to hedge positions or generate yield.

Want to create a delta neutral strategy using #Dopex options and #GMX perps? Or got a $GLP strategy? Launch it on @FactorDAO. Easy. 7/14
💰 Vault managers earn management fees (based on TVL) and performance fees (based on profit). @FactorDAO takes a cut of those fees (revenue model).

Vault depositors get easy exposure to multiple professionally managed yield generating strategies. 8/14
🧰 Protocols that integrate with @FactorDAO gain a wider audience/use case/TVL for their products.

Treasury managers can use it to manage or hedge their treasuries.

Aspiring on-chain asset managers can gain an audience and build on-chain track record. 9/14
🤝 We're making it happen. The public sale is in 5 weeks (starting 20 Feb, announcement incoming).

Our ambassador and vault partner programme is about to be launched.

We're already in discussions with 10+ major #Arbitrum protocols about integrations and partner vaults. 10/14
🔨 Following the public sale we will be launching with a very robust first iteration of the product (with plenty more to come).

The vault, staking and token contracts are near completion and ready to go into audit in the coming weeks. Exciting times ahead! 11/14
👨‍🏫 If you want to learn more about @FactorDAO start here:

🌐 factorlaunch.com
📝 factorlaunch.notion.site/Whitepaper-v1-…
🖊️ medium.com/@FactorDAO
🐦 @FactorDAO
👽 Discord: discord.gg/UKUGJHXZbP

And check out the product demo here: 13/14
💙 If you enjoyed this thread and are interested in more #Arbitrum and #DeFi alpha, give me @CrossChainAlex a follow.

Follow @FactorDAO, give this thread a re-tweet and help spread the word.

14/14

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More from @CrossChainAlex

Feb 25
🧵 Vector Reserve Mega-Thread!

Narratives come and go, but demand for liquid $ETH yield will always remain.

Going into a bull, with LSTs, @EigenLayer (LRTs), and potential $ETH ETFs...

Here is why @VectorReserve is one of the innovative new DeFi entrants I am most bullish on! Image
What Is Vector?

LST and LRT liquidity is deeply fragmented. It needs a liquidity layer. Vector is that liquidity layer.

This is achieved via $vETH, the first Liquidity Position Derivative (LPD), aggregating and optimizing liquidity and yield from LSTs and LRTs. Image
How Does vETH Work?

Users mint $vETH using $ETH, or a number of accepted LST and LRT collaterals. These are paired as LPs to create liquidity that backs $vETH.

Think of it as a dynamic, risk adjusted, diversified ETH pegged, yield bearing basket of assets that back $vETH.
Read 26 tweets
May 29, 2023
🧵 In this market there are gems out there. I'm zoning in on a handful of projects I think have the potential to make a big impact.

@LimitlessFi_ fits the bill. A novel Uniswap v3 style solution with near unlimited leverage with no forced liquidations.

Early alpha below. /1 Image
@LimitlessFi_ Market addressed:

They are addressing the on-chain perpetual market.

This market has seen 30% CAGR and is on track to do $500B annualized volume.

A large and growing market. Yet it still suffers from a number of inefficiencies.

Credit to @JamesCliffyz for the data. /2 Image
@LimitlessFi_ @JamesCliffyz Demand side problems:

Forced liquidations result in forced selling/buying at local bottoms/tops.

Leverage providers risk incurring bad debt leading to fees = leverage is expensive.

Leverage is limited to a small number of pairs relying on liquidity/market makers. /3
Read 15 tweets
Feb 24, 2023
I have been asked to comment on some FUD around @FactorDAO and @Kurapika_DAO.

I do my own extensive due diligence before engaging with any project, as like many of you I am wary of the risks in the crypto space.

Here is my position on the points raised. /1
Kurapika was open about his past experiences in crypto with me from day one, totally unprompted.

He tried to launch DAO Nation, it was in a bear, it didn't work out, he didn't financially benefit from it. /2
He also did run a VC backed ICO ratings firm back in 2017/18 (I've verified this). The intention was to provide research to highlight both the risks and opportunities of various ICOs.

ICOs died with the last bear market and so did his business. It happens. /3
Read 10 tweets
Feb 4, 2023
🧵 Many of have been on the fence regarding the mysterious #X7Finance DEX protocol. Is it elaborate vapourware?

Quite the opposite, we're watching a multi-chain DEX and closed loop liquidity loan ecosystem being rolled out across 5 chains.

Prepare to have your mind blown 🤯 /1
🧪 If you need to get up to speed on #X7Finance then check out this introductory thread.

It's a fully decentralized, faster, cheaper Uniswap alternative with an inbuilt liquidity lending and yield ecosystem.

Take some time to get acquainted.

/2
🧠 Now check these threads for details on...

🕴️ Business case:


🖱️ Features and benefits:


💻 Technical information:
/3
Read 18 tweets
Feb 2, 2023
🧵 I've been lucky enough to get access to the @vela_exchange beta.

I've taken it for a test drive, and so far I really like it.

It's slick, quick and very easy to use with some nice features.

Here's a quick run through so you can get set up easily when they open access. /1
🖊️ First off I logged in with my whitelisted wallet and signed to give access. Nice and simple.

I then deposited the princely sum of $100. Make sure you have $ETH too to cover transaction costs.

Obviously these are very cheap as it's on Arbitrum. /2
💱 On the home screen they have the list of assets available for trading. 3 cryptocurrencies: $BTC $ETH $DOGE and 3 fiat 🤮 synthetics: $EUR $YEN $GBP

You can see volume, open interest and number of trades as well as an account summary. Feels clean like the better CEX UI. /3
Read 12 tweets
Dec 24, 2022
🧵 Stablecoins are supposed to be stable! But we know that's not always the case.

@y2kfinance offers an innovative suite of structured products to enable users to hedge/speculate against de-peg risk.

Built on #Arbitrum. My walkthrough and bull thesis for #Y2KFinance 👇 /1
❓ What are structured products?

Financial instruments customized to meet specific investment goals by combining various assets or indexes in a specific structure.

They are often designed to address certain specific opportunities and/or risk profiles. /2
😃 #Y2KFinance is a suite of structured products designed for exotic peg derivatives.

Allows participants to hedge or speculate on the risk of a pegged asset (or basket of pegged assets), deviating from "fair implied market value" /3
Read 18 tweets

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