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P R U D E N T 📊 🔺( ♟,♟) Profile picture
@PrudentSammy
Apr 17, 2023 • 11 tweets • 7 min read • Read on X
New DeFi narrative are coming up everyday, moving along with the trends.

But i bet you didn't know about the
synthetic narrative.

It is here to stay for a long time

Let's talk about @synthr_defi
🧵🧵
#SYNTHRI #Bullish
WHAT ARE SYNTHETIC ASSET?

Synthetic assets are onchain derivatives that track the price of the underlying real world assets whilst being interoperable and
present on public ledger.

Let's say

I can buy a synthetic tesla stock rather than a real tesla stock.
WHY BUY SYNTHETIC?

♦️ 2️⃣4️⃣ hours Trading:

Synthetic don't have to follow rules of the real world since it is on the blockchain.

Buying tesla stock or other financial instrument would have it rules in the real world
♦️ Exposure and global access:

No geographical restriction to trading

♦️Decentralized:

Unlike the real tesla stock that is fully centralized, the synthetic asset is not controlled in some ways.
Users can mint synthetic by providing on-chain collateral to get price exposure to the asset without actually having
ownership.

One of the role defi synthetic plays is using "cryptocurrency" as collateral.

That exactly is what @SynthR defi does.
@synthr_defi protocol enables the creation of #onchain derivatives of synthetic assets that track the value of specific underlying
asset.

This SyAssets are decentralized and chain independent, allowing users to use multiple
chain with ease.

You can also swap your asset....
....across chains in the most capital efficient manner.

@synthr_defi has been deployed to over 8 chains including: @ethereum @BNBCHAIN
@arbitrum @cosmos @AvalaunchApp @aptos Network @0xPolygon @routerprotocol and more coming Image
$SNX is the native token and can be used for collateral.

This is a protocol with great utility and usage

"Long term hold"

#DYOR
Follow their Communities:

Discord: discord.gg/RKJdbKMB

Telegram:
t.me/synthrannounce…
t.me/synthrcommunit…

Twitter: @synthr_defi

Website: synthr.io

Gitbook:

synthrprotocol.gitbook.io/home/what%20is…
That will be all for today.

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More from @PrudentSammy

P R U D E N T 📊 🔺( ♟,♟) Profile picture
Aug 27
Want to know how VCs get the next big plays and investments?

Making solid +118,100% on memes +109,000% on utility plays and +27,000% on DeGens.

This is how to discover the next 1000x picks using defi tools
🧵👇 Image
Before we delve in, I need a quick favor from you 👌

I put a lot of effort in research to make this thread genuinely helpful for you, so if you find it valuable, please bookmark, RT, drop a comment, or just hit like on the first tweet.
The whispers are getting louder - The bull market is on the horizon.
When opportunity meets preparation, greatness is achieved.

I have done the work so all you need is get positioned and potentially thrive as the market surges.
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P R U D E N T 📊 🔺( ♟,♟) Profile picture
Nov 7, 2023
𝗘𝘃𝗲𝗿𝘆 𝗰𝗿𝘆𝗽𝘁𝗼 𝘁𝗿𝗮𝗱𝗲𝗿 𝘀𝗼𝗹𝗶𝗱 𝗯𝗮𝗴 𝗶𝘀 $AMO

Most profitable traders are bagging this coin

WHY are they bagging this coin?

Here's 85% of what you don't know about @aminorewards

A Thread 🧵 Image
Like the saying goes:

→ 𝗪𝗵𝗮𝘁 𝘆𝗼𝘂 𝗸𝗻𝗼𝘄 𝗶𝘀 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂 𝗴𝗲𝘁

Here's a quick overview of what to know in this thread

→ About @aminorewards
→ Amino Use cases
→ Advantages over steps
→ What set them apart
→ Partnerships
→ observations
➲ 𝗔𝗯𝗼𝘂𝘁 @aminorewards:

Amino rewards is basically a health & fitness loyalty program that is tokenised on blockchain

Their mission is to empower individuals to lead healthier and active lifestyle

Using a loyalty program to encourage and motivate you with incentives Image
Read 22 tweets
P R U D E N T 📊 🔺( ♟,♟) Profile picture
May 16, 2023
Witness a new revolution in the field of #science.🚀

It's ok to be tired of the current scientific publishing system that favors gatekeepers and restricts access to knowledge because
the solution might just be here:

DECENTRALIZED SCIENCE

🧵🧵
#Latesttrendnarrative #DeSci
👍&♻️
#Desci leverages blockchain technology to develop scientific research and help solve scientific challenges that have tarried for long. 💯

In this thread, we'll explore what DeSci is, its benefits, and some exciting low cap projects to keep an eye on! 🤝

#Science
#Blockchain
⚡ What is #Desci?

DeSci is a rapidly expanding initiative that encourages openness and decentralization in research.
Read 15 tweets
P R U D E N T 📊 🔺( ♟,♟) Profile picture
May 15, 2023
Stack your liquidity for more liquidity With @Penpiexyz_io protocol.

Active team ✅️
Strong standing ( A product of
@magpiexyz_io)✅️
Active community✅️

IDO upcoming 🔥🔥🔥

🧵🧵
$PNP #Penpie #IDO #DeFi
@Penpiexyz_io is a community based project with No venture capitalist, zero allocation for team and a fair launch.

It is the next-generation DeFi product created by @magpiexyz_io to provide Pendle Finance users with yield and veTokenomics boosting services.
Integrated with @pendle_fi finance, Penpie focuses on locking PENDLE tokens to obtain governance rights and enhanced yield benefits within Pendle Finance.

Penpie revolutionizes the way users can maximize returns on their investments and monetize their governance power.
Read 10 tweets
P R U D E N T 📊 🔺( ♟,♟) Profile picture
May 14, 2023
Gaming is one of the activities people
would continuously engage in.

The blockchain and gaming show a lot of potential.

@rushbhub is setting a base for blockchain Esports games.

Let's find out more 👇👇

🚨PRESALE tomorrow.
AIRDROP CONFIRMED 🤑💰

🧵🧵
#gaming #Blockchain
What is Rushhub?

@rushbhub is the decentralized
marketplace for Esports gamers on
#zkSync that enables gamers to trade
in-game items without an intermediary.

It offers FAST, EASY AND SECURED
TRADING.
Using the Blockchain technology,

@rushbhub has the following products for gamers and the community.
Read 11 tweets
P R U D E N T 📊 🔺( ♟,♟) Profile picture
Apr 27, 2023
The Ethereum Shanghai update just got upgraded recently.

LSDs are on the rise and starting to have higher TVL.

Let's talk about @OctoLSD

🧵🧵
#Liquidderivate #LSDs $Octo
#LSDsummerishere
This thread will cover

📌What are LSDs

📌The Shanghai upgrade

📌What exactly is @OctoLSD

📌How does it work?

📌Communities and Socials
What are LSDs?

The Concept of LSD is so interesting

Read for better clarity!

Read 18 tweets

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