Robin Hood Riches Profile picture
Jan 19, 2023 18 tweets 12 min read Read on X
$CRV wars. $CVX war chests.
$CTR. $CLEV.

$LSD wars. $FRAX, $LDO, $RPL.
$SD, $SGT, $BNC, $HORD.

Many convergent narratives unfolding.

He who controls the liquidity controls the blockchain.

New player in town.

🧵 $SOLID Thread. Read until the end for deep Alpha. [1/17]
$SOLID, @SolidlyDEX, launched at the very beginning of January on Ethereum.

Posed to be an improvement to Curve's Gauge & ve model, $SOLID is the most efficient on-chain liquidity gateway.

$SOLID is natively supporting gauges, bribes, stable and volatile pairs. [2/17]
Let's state just a few of $SOLID's official launch partners:
- $FRAX @fraxfinance
- #renBTC @renprotocol
- $YFI @iearnfinance
- $DEUS @DeusDao

We may've talked for long about $CRV and $CVX wars.

We'll soon start talking about $SOLID wars. [3/17]
$SOLID's TVL is steadily increasing.

Marketcap and price action didn't take long to catch up.

With only 4% of Circulating Supply, $SOLID is trading at microcap levels.

Except it's one of the most interconnected DeFi protocols and now Curve's biggest competitor. [4/17]
You may've already heard of $SOLID in the past.

$SOLID is the brainchild of @AndreCronjeTech.
Love him or hate him, he's one of DeFi's Godfathers.

Initially launched on $FTM, it featured immutable contracts and several tech problems, which led to inevitable exploits. [5/17]
The idea behind it, tho, was, well... $SOLID.

Model is clever and it gifts protocols seamless liquidity management.

So clever, that we've all seen how well $VELO @VelodromeFi shined on $OP.

@SolidlyDEX Team managed to rewrite the whole codebase and make it bulletproof. [6/17]
Why $SOLID matters?

He who controls the liquidity controls the blockchain.

We now have a direct $CRV competitor, free of cartels and malicious whales running it.

As we already mentioned, half DeFi is already backing it.

$SOLID is becoming a very precious resource. [7/17]
$SOLID is still extremely undervalued.

4x from bottom. Definitely not stopping.

We were all too busy chasing the next $LDS, the next $CRV aggregator, that we almost forgot about this revolutionary piece of tech.

I expect market to catch up, fairly soon. You're early. [8/17]
What can you expect from Solid??? [9/17]
What's the play?

We cannot know yet if $SOLID's taking the on-chain liquidity throne.

What we know is that we're early and it's still criminally undervalued.

Concrete, decent 'guaranteed' upside; unlimited 'potential' upside.

You may position yourself accordingly. [10/17]
What's my play?

I learned from $CRV - $CVX playbook and when analysing $SOLID first thing I've done has been looking for a Convex-like aggregator.

@MonolithETH_ does that.

#moSOLID is Monolith's $SOLID receipt. [11/17]
On @MonolithETH_, LP providers can get max boosted, just like on $CVX.

#moSOLID stakers accrue both $SOLID usual rewards, plus a % out of LP providers revenues.

$CRV has $CVX.
$SOLID has @MonolithETH_.

$CRV has $yCRV and $cvxCRV.
$SOLID has #moSOLID. [12/17]
$CRV is now trading at $0.87.
$yCRV trading at $0.88 (at peg).
$cvxCRV trading at $0.77 (13.5% off peg).

$SOLID is now trading at 4.34.
#moSOLID is trading at $0.84(!!!).

#moSOLID is bearing 1 whole $SOLID worth of yield (+boosted LP revenues) for 81% less price. [13/17]
#moSOLID allows for panic exits.

#moSOLID allows maximum $SOLID yield efficiency.

It's not meant to trade at exact 1:1 peg.
It's not meant to trade at 1/5th the price either.

I'm expecting a $cvxCRV kind of peg.
#moSOLID 4.5x to go.

That's my play. [14/17]
Useful links:

@SolidlyDEX
solidly.com
discord.gg/solidly

dexscreener.com/ethereum/0x642…

Best place to buy $moSOLID is on solidly.com/swap [15/17]
Eyeing some more $SOLID Beta plays.

Make sure to Follow, to make sure to read the next value drop.

Value first. Good thesis just need a bit of time to be proved.

If you liked the Thread, I'd really appreciate a RT.
They help me more than you might imagine. [17/17]

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More from @RobinHoodRiches

Feb 9, 2023
I closely followed a big upcoming protocol.

Wanted to share a Thread at platform launch.

Whole market dipped, so I chose to write a few words now instead.

Moments of uncertainty are when you can get into opportunities you before missed.

🧵 $MPX. New $FTM Defi2.0 gem. [1/12]
Everybody heard about $EQUAL and $MMY.

Andre back. $FTM becoming bullish again.

Life changing gains have been made on the two protocols above.

Gains for those that didn't think twice about the opportunity that arose.

Here comes $MPX. [2/12]
$MPX is a $GMX fork.

Just like $MMY.

> $MMY 7M mcap
> $MPX 2M mcap

Is it all here?

Let's delve into the 'why', into the 'how', and into a few insights. [3/12]
Read 12 tweets
Nov 17, 2022
$GMX, $BFR, $PALM, $MVX, $GNS, $GMD.

Do these names ring a bell?

You faded once, you faded twice.
Here is the next gem.

Absolutely not a drill.

🧵 Short Thread on $OPX [1/8]
Perps are huge.
They're the narrative of the moment.

Somebody said that if a chain does not have a $GMX fork, sooner or later it'll have one.

$PALM on BSC, $MVX on Polygon and so on.

So, what chain is missing? [2/8]
Enter Optimism.

Half the TVL of Polygon and Arbitrum, yet extremely high profile DeFi developments.

$CRV, $VELO, $AAVE, $SONNE just to name a few.

There's no doubt high IQ traders of $OP will put $OPX at usage. [3/8] Image
Read 9 tweets
Nov 14, 2022
Not your keys not your Crypto.
You only learn if it hurts and FTX taught us the most important lesson.

Did you know you can do self-custody even better than on Metamask?

🧵 Short thread on $BLANK and 6 reasons to not miss it [1/13]
At the moment there are 4 competitors that have a crypto wallet
⁃ MetaMask
⁃ Trust Wallet ($TWT)
⁃ Coin98 ($C98)
⁃ SafePal ($SFP)

@GetBlockWallet is an upcoming wallet. The difference between BlockWallet and others are the features and security protection built. [2/13] Image
Let’s wrap it up and count the catalysts and improvements $BLANK is bringing

1. Privacy Proxies
2. Phishing protection
3. Build in Swap and Quick network select
4. Similar to Tornado Cash feature coming
5. Secret feature
6. Staking [3/13]
Read 13 tweets

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