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Mar 4 • 11 tweets • 18 min read
The @optimismFND ecosystem is buzzing again 💢

@Coinbase has launched Base, its #L2 Blockchain.

🏗️Built on $OP

Here are the main takeaways⬇️

👇🧵

(0/9)
@optimismFND @coinbase 1/ It's official.

@coinbase proposed and @BuildOnBase said yes🚀

Base is an Ethereum L2 that offers a secure, low-cost, developer-friendly way to build dapps. It is not a token & will use ETH as the native gas token.

@optimismFND @coinbase @BuildOnBase 2/ @BuildOnBase offers full EVM equivalence at a fraction of the cost & is committed to pushing forward the developer community.

⚡Powered by Coinbase
🔐Secured by $ETH.

base.mirror.xyz/jjQnUq_UNTQOk7…
@optimismFND @coinbase @BuildOnBase 3/ All-in-one $OP stack.

The OP Stack seeks to maximize interoperability & integrate Base and other L2s into one single Superchain🦸‍♀️

@_BillionAireSon 🧵

@optimismFND @coinbase @BuildOnBase @_BillionAireSon 4/ The collaboration of Optimism ➕ @BuildOnBase on the $OP stack is to advance the crypto-economy.

Complete the read for a commemorative NFT mint🐲.

base.mirror.xyz/H_KPwV31M7OJT-…
@optimismFND @coinbase @BuildOnBase @_BillionAireSon 5/ DeFi TVL on Optimism is up 41% last month, only beaten by Arbitrum⏫.

Check out @Route2Fi's thread for more on why Optimism is the go-to choice for DeFi protocols. 🧵

@optimismFND @coinbase @BuildOnBase @_BillionAireSon @Route2FI 6/ Beware of scammers⛔

No token was released

🏦Coinbase is sticking to having no new network token.

@CoinDesk 🧠

coindesk.com/tech/2023/02/2…
@optimismFND @coinbase @BuildOnBase @_BillionAireSon @Route2FI @CoinDesk 7/ There's no need for Coinbase to be Bankless 💳

Coinbase's move aligns with @banklesshq Theses such as the DeFi Mullet, Protocol Sink, and $ETH L2.

🧵⬇️

@optimismFND @coinbase @BuildOnBase @_BillionAireSon @Route2FI @CoinDesk @BanklessHQ 8/ L2s will keep dominating the industry & sidechains are seen as a waste of time.

@SebastienGllmt 🧵

@optimismFND @coinbase @BuildOnBase @_BillionAireSon @Route2FI @CoinDesk @BanklessHQ @SebastienGllmt 9/ This is last but not least.

@optimismFND summarizes the @BuildOnBase trend with a special podcast with top experts @OPLabsPBC CEO @liamihorne & Base contributor #1 @jessepollak.

@optimismFND @coinbase @BuildOnBase @_BillionAireSon @Route2FI @CoinDesk @BanklessHQ @SebastienGllmt @OPLabsPBC @liamihorne @jessepollak If you enjoyed this thread:

1. Retweet & like the first Tweet
2. Subscribe to our newsletter: 0xilluminati.com/subscribe
3. Follow us @0x_Illuminati

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The Crypto Illuminati Profile picture
Mar 5
DeFi Is That Problematic Ex.

You Just Can't Quite Figure It Out.

@PendulumAlex Joined Our Illuminati Roundtable For A Therapy Session To Solve Problems & Overcome DeFi Barriers

Read the call notes🍿: 0xilluminati.com/p/illuminati-r…
@PendulumAlex 1/ Introduction @PendulumAlex:

- Alex got into crypto in 2013 while living in Berlin.

- There were many ‘nerd-centric’ BTC meetups, and he went to these to learn about Bitcoin.

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- Another reason is that they wanted to target businesses and Fintech, so they required trust.
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Mar 4
The Illuminati Weekend Reads📚

Another Weekend Indoors? Let’s Fill Our Bookworms Desires.🐛

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(0/10) Image
1/ Cross-chain transactions across blockchains are supported through crypto bridges. Below is a thorough explanation of how to utilize @stargate, $RELAY,$SYN, etc.

@Route2FI 🧠

route2fi.substack.com/p/an-overview-…
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@CryptoHayes 🧠

Read 12 tweets
The Crypto Illuminati Profile picture
Mar 3
Are you ready to flip the coin and discover if @arbitrum leads or follows?

It's time to find out.

Revealing GAME-CHANGING strategies that will blow your mind .

🧵👇

(0/10)
@arbitrum 1/ TL;DR🗞:

➜ Arbitrum is the 5th largest among L1 & L2. 🖐

➜Sneak peek update on @rektdiomedes portfolio on Arbitrum. 🌊

➜Arbitrum has a clear lead in the L2 ecosystems battle with Optimism.🥊

➜@FactorDAO on @arbitrum brings DeFi to the masses 🌍
@arbitrum @rektdiomedes @FactorDAO 2/ @FactorDAO on @arbitrum brings DeFi to the masses via on-chain assets management.

Find out how to create token baskets, mimic top VCs & get better yields.

@crypthoem 🧵

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The Crypto Illuminati Profile picture
Mar 2
LSDs are going off the charts…

but not the kind that gives you a trip.

Liquid Staking Derivatives are the real LSDs.

Key Takeaways:

- Tokens behind projects like @Rocket_Pool and $LDO have exploded ever since the start of 2023🔺

- Shanghai upgrade in March💎

🧵👇
@Rocket_Pool 1/ A few days ago, LSDs replaced DeFi lending - to become the 2nd largest crypto sector:

coindesk.com/markets/2023/0…

Let's talk about LSD & why #ETH staking derivatives are seeing success. Image
@Rocket_Pool 2/ What is LSD?

LSD is a financial instrument that allows investors to gain exposure to the returns generated by staking Ethereum without actually having to stake the underlying cryptocurrency themselves
Read 16 tweets
The Crypto Illuminati Profile picture
Mar 1
Remember Hacks For GTA To Multiply Your Money?

We Found Hacks For Crypto Gaming Researchers😳

@apixtwts Joined Us To Share Some Secrets 👇🧵

(0/8) Image
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- Apix first got into crypto in October 2021 in the bull market.

- The feeling of being early was intriguing.

- Apix started writing content to make an imprint in the space, which helped him build a following.
@apixtwts 2/ Building In Crypto Gaming:

- Apix says that his first touching points were derivatives and weight party NFTs that didn’t do too well.

- He says games used to be fuelled by hype mainly and otherwise resulted in rugs.
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The Crypto Illuminati Profile picture
Mar 1
Weekly Illuminati Top Raises

$73,500,000 In VC Funding. Bullish Sentiment? Check.

Subscribe & Let’s Look Further👀: 0xilluminati.com/subscribe

👇🧵

(0/9)
1/ Key Takeaways🍿:

- @cbventures invested in the DeFi Ethereum 2.0 Staking Protocol @Rocket_Pool. 🚀

- @renegade_fi raised $3.4m in a seed funding round.🌱

- @gateway_eth raised $4.6m in a seed funding round.🚪
@cbventures @Rocket_Pool @renegade_fi @gateway_eth 2/ @Rocket_Pool Received An Undisclosed Investment🚫 : Coinbase Ventures invested in the DeFi Ethereum 2.0 Staking Protocol Rocket Pool.
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