Overcollateralized Jonny Profile picture
May 1, 2023 10 tweets 6 min read Read on X
While everyone's been in a frenzy with the PEPE madness, I've compiled a list of the best threads over the past week!

Missed last week's edition so this week is double the trouble.

Time for another edition of #OvercollateralizedSundayReads! Image
1/ Kicking off with @DeFiMinty's thread on @CurveFinance upcoming stablecoin. Everything you need to know!

Minty's becoming one of my favourite threadors, someone who consistently posts quality information and research. If you don't follow him already, you're missing out
2/ I wasn't kidding when I said Minty's been on fire.

Here's another one of his great threads, highlighting what the @GMX_IO x @chainlink partnership means for Chainlink.
3/ On the topic of $GMX, @WinterSoldierxz covers the liquidity wars going on in the DeFi ecosystem.
4/ Zero-knowledge this, ZK that.
Everyone's talking about ZK proofs, but how do they actually work?

@wacy_time1 covers how ZK proofs work with easy to understand graphics. Definitely check this out!
5/ We're always looking for new tools to improve our crypto research.
The DeFi pirate legend @crypthoem lists out some of the tools he uses and explains how to extract value from them.
6/ Lots of up and coming CT threadors have been coming out of the woodwork and it's great to see the community grow!

If you're interested in maximizing your account, be sure to read @thedefiedge's guide on how to monetize your account ethically.
7/ The @zksync Era ecosystem is slowly growing and it's important to get on top of the up and coming protocols on the rollup.
@orderflowOG covers different ve(3,3) exchanges in this in-depth thread:
That's all folks! This list was larger than my usual Sunday reads list, but there were so many good threads that I couldn't omit from the list.
Please share any other threads that you enjoyed this week down in the replies! (Feel free to shill your own threads as well!)

Also don't hesitate to retweet the first tweet so others can enjoy the amazing content provided by these hard working CT threadooors!

• • •

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

Keep Current with Overcollateralized Jonny

Overcollateralized Jonny 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 @OvrCldJonny

Jul 24, 2023
Betting on hamster races... That seems to be the new meta.

If you're as confused as I am and need a catch up on some of the best threads that came out these past few weeks, look no further!

Time for another edition of #OvercollateralizedSundayReads! Image
1/ I'm falling in love more and more with the concept of account abstraction.

@coinbase has been making great strides in that space and @yugacohler breaks down EIP-4337 and how this new proposal aims to change the way we interact with our wallets
2/ @AaveAave's $GHO stablecoin just launched! How exciting!

@0xMughal tells us all we need to know about the new stablecoin and how to earn yield on it.
Read 11 tweets
Jun 29, 2023
Token-Bound Accounts. Yes, you read that right!

🤖 If you haven't heard about ERC-6551 yet, you're missing out.

Here's everything you need to know about the new token standard that will change the way we interact with our wallet. 💸
1/ We'll be exploring the topic in three sections:

1⃣ What is ERC-6551?

2⃣ Use cases for the new token standard.

3⃣ More content on ERC-6551!
2/ Part 1⃣: What is ERC-6551

This new token standard allows NFTs to OWN assets.

What does this mean, well, an ERC-6551 token can hold other assets inside of it.
Read 23 tweets
Jun 27, 2023
There has been a rise of popularity of decentralized stablecoins amid the recent Tether and USDC scares.

🏝️ What's going on in stablecoin land?
🏆 Who are the top players?
🛣️ Where are things headed?

Let's explore the stablecoin landscape. 👇
1/ It seems like every other week we hear about a new stablecoin project launching.

So many different implementations of them. Before diving into all these different projects, it's important to take a step back and understand the current landscape.
2/ The total stablecoin market cap has decreased to $128B from its $187B all time high in May of 2022 (32% decline).

Currently, the most dominant stablecoin, with 65% dominance, is @Tether_to $USDT.
Read 23 tweets
Jun 19, 2023
A new rollup has entered the arena... opBNB!

#Binance just announced an optimistic rollup that is already live on testnet.

Did Binance really just fork Optimism and launched their own L2?

Here's a summary of what's going on 👇 Image
1/ opBNB is based on the bedrock version of the Optimism OP Stack that is EVM-compatible.

This rollup is built on top of the existing BNB Chain and not Ethereum Mainnet (like most other Optimistic rollups we have seen so far). Image
2/ Binance claims that opBNB will be pushing gas limits "to a whopping 100M", more than Optimism's 30M gas limit (according to their article).

They claim that opBNB will be able to process 4000 transfers per second with average transaction costs below half a cent.
Read 16 tweets
Jun 18, 2023
The bear market hasn't stopped threadors from writing banging content!

This wassie needed a break, so I got Bobo the Bear to curate the list this week!

Here's a list of great threads you may have missed this week!

Time for another edition of #OvercollateralizedSundayReads! Image
1/ DeFi social media... Yep you heard that right.

There's a whole world you haven't been participating in that should be on your radar!

@2lambro illustrates the mystical world of SocialFi with @DeBankDeFi
2/ @eigenlayer launched this week!

If you need an update on what's going on in that world of LSD restaking, be sure to read @francescoweb3's thread on how it works!
Read 12 tweets
Jun 15, 2023
What's going on with Tether? Is it all FUD? 😨

🕵️‍♂️ Is there merit to the concerns?

Let's peer behind the curtain of $USDT.

Who audits @Tether_to, what's their circulating supply, and who uses it most? Image
1/ Just an update on the Tether situation if you aren't up to date, people have been dumping USDT in liquidity pools in exchange for other stables.

The @CurveFinance 3pool has been gaining a concerningly large proportion of $USDT compared to other stables. Image
2/ I've been keeping up with the news and thoughts on what other CT thought leaders have been saying about it here:
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!

:(