potateschmate Profile picture
May 11, 2023 13 tweets 10 min read Read on X
People had been sleeping on Arbitrum $ARB @arbitrum again

But don't make that mistake anon

$ARB's $2.5B TVL means it's still the premier DeFi eco

Hence I give you today TOP 8 UNIQUE Arbitrum DeFi projects and their bullish catalysts 🐂🌕 🧵 Image
1/ $GMX @GMX_IO

$GMX is the blue-chip Arbitrum deriv platform w/ $500M TVL and vol

The pioneer in #RealYield w/ $GLP rev sharing

Upcoming catalyst: GMX v2 testnet in 2 weeks + synthetics trading could open up fresh trading pairs - more volume + renewed narrative Image
2/ $RDNT @RDNTCapital

RDNT is a cross-chain lending market supported by LayerZero

Bullish catalysts: LRZ narrative, more assets + chains esp. ETH support could skyrocket w/ $LDO $CRV

Read my thread to learn more about how RDNT could be the next AAVE

Image
3/ $PENDLE @pendle_fi

Pendle’s Yield Token (YT) and Principal Token (PT) opened up a new DeFi interest rate deriv market space w/ new yield strat

Interest rate derivatives has a 400B TradFi market

$PENDLE's $35M MC means it's still underrated 💰

Bullish catalyst: Pendle Wars / LSDFi

$PENDLE had been accumulated by @magpiexyz_io
& @Equilibriafi to control gov rights w/ boosted rewards

Feelin similar to the Curve Wars

$PENDLE war where protocols compete for $PENDLE's yield is bullish 🐂

4/ $PLS @PlutusDAO_io

PLS is the only gov aggregator on $ARB

It had captured $15M timelocked Arbitrum assets e.g. $DPX $JONES

Upcoming catalysts: v2 tokenomics, plsGRAIL, large Arb airdrop

Read my thread to know how $PLS can be the next $CVX 🌕

5/ $SILO @SiloFinance

Silo Finance is unique in having long-tail assets as collateral

Isolated pools = less risk of long-tail asset causing a meltdown

More market interest in borrowing and lending long-tail assets = $SILO gud

Arbitrum DEX Wars

Various teams are trying to build an Arbitrum-native DEX to dethrone Uniswap

Uniswap is still 10x the volume and TVL of most other Arbitrum DEXes

Thus whoever is best positioned to capture / accrue value from Uniswap's vol and TVL will be blue-chip Image
6/ $GRAIL @CamelotDEX

CamelotDEX had taken an unique approach in by partnering with lots of protocols fr liquidity

It has 100M TVL and had a v2 upgrade on a more efficient AMM

With nitro & incentivised pool coming to v3 soon $GRAIL could pull in more TVL and volume 👀 Image
7/ $CHR @ChronosFi_

Chronos is a Solidly fork and it's unique in implementing a 0-rebase mech & maturity-adjusted LP returns

It's at 200M TVL and has gud partnerships

$CHR's vol had not caught up to TVL but if it does = future $ARB blue-chip?

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8/ $GND @GNDProtocol

$GND takes an unique approach in being in of the only protocols in capitalising Uni v3's high vol.

It helps LPs profit by using dual range to help LPs profit w/ high APR #realyield

Read my thread for how it could be next $GMX

If you enjoyed the thread please like and retweet

Please consider giving me a follow for more alpha threads!

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More from @potateschmate

May 8, 2023
2023 is the year of LayerZero and you’re not prepared

This is my master-tab on TOP 10 LayerZero projects so that you can also frontrun the next narrative

You might also get some gud $LRZ airdrop interacting 👀 🪂 Image
Today’s thread will cover top LayerZero eco projects:

1/ What is LayerZero $LRZ?
2/ $LRZ Bridges
3/ Cross-chain lending
4/ Cross-chain yield aggregators
5/ Cross-chain DEXes
6/ Cross-chain derivatives & SocialFi Image
What is LayerZero

Bridges are a very real security risk in DeFi still

$2.5B had been hacked since September 2020

LayerZero allows apps on different chains with one another w/o intermediary mechs which require wrapping assets Image
Read 24 tweets
May 5, 2023
$RDNT @RDNTCapital could pull another 100x and be the king of DeFi lending this cycle

A thread on how $RDNT could get there and maybe we're all early to this 100x gem 💎👀

don't miss out like you did with $PEPE 🐸 anon Image
Today's thread will cover:

1/ How is $RDNT @RDNTCapital different in solving DeFi's problems?
2/ What is $RDNT's TVL and stats?
3/ How does $RDNT v2 made RDNT sustainable (and do a 10x)
4/ $RDNT's path to being the $AAVE killer Image
$RDNT @RDNTCapital is not "just another overhyped Arbitrum vaporware"

It's $ARB native but will expand to all chains with LayerZero

It wants to be the omnichain money market for you to borrow with any asset on every chain and utilise asset on every chain too Image
Read 18 tweets

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