Chill | TheResponsibleDΞGΞN Profile picture
May 16 12 tweets 4 min read Twitter logo Read on Twitter
Liquid staking is heating up. 🔥

@SharedStakeNews makes a good case for being an undervalued gem in this sector.

$SGT looks primed for big moves over the coming weeks/months

Here's why.

🧵 👇 Image
In this thread, we will cover:

• What is SharedStake?
• Why now?
• Catalysts
• Metrics
• Final Thoughts

Let get itttt!

1/10
➡️ What is SharedStake?

It's a fully decentralized and high-yield LSD Protocol that allows users to stake any amount of $ETH.

SGT is fully decentralized and gives users a higher yield compared to what's on the market.

Robin Hood gives a beautiful intro.

2/10
➡️ Why now?

Lido recently had their v2 upgrade, which enables withdrawals.

They control close to 80% of the LSD sector!

Increased withdrawals from this upgrade could flood the LSD market with ETH.

Why could a lot of that ETH come to $SGT?

3/10
One word: Yield.

The whole point of ETH staking is to get a consistent yield, usually, between 4-6%.

$SGT allows you to increase that yield in several ways.

4/10
• vETH2: Get ~10% of extra yield with this auto yield-bearing stablecoin.

• MEV Bots: Create revenue (~1 ETH per day). Profits distributed to SGT holders.

• DeFi Partners: Earn 350%+ by providing liquidity.

SGT allows you to stack yield from multiple sources.

5/10
➡️ Catalysts

• Withdrawals/Deposits going live THIS MONTH.

• Revenue sharing for $SGT holders using MEV bots

• Expanding to other chains

With these catalysts coming, it makes sense why $SGT has been on a tear.

6/10
➡️ Metrics

Several metrics show this is an extremely undervalued project at a $2M MC.

• 16k ETH Staked (~$29mill TVL)

• TVL/MCAP ratio of 0.07 (below 1 means undervalued see below)

• LSD sector has close to $20B in TVL (and growing) with only 88 projects. 👀

7/10 Image
➡️ Final Thoughts

#LSDSummer is coming!

@SharedStakeNews is a fully decentralized and high-yield option for ETH staking.

ETH being withdrawn from Lido will feed LSD protocols like $SGT.

Solid fundamentals, catalysts coming, & bullish metrics. The pumpamentals are there!

8/10
If you hold a big bag of ETH why not get yield on it?

This makes SGT a perfect place for investors to park their ETH.

Is it reasonable to believe that the MC will catch up to the TVL? Imo, yes it is.

That's a 15x from here. 👀

Excited to see where this goes!

9/10
Thanks for reading frens! 🤝

Follow me @ChillTRD for more gems.

Enjoyed it? Like/Retweet the first tweet below:

10/10
P.S. Crypto Shlaug did a beatiful thread on this back in January.

Definitely worth a read. Check it out!

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More from @ChillTRD

Apr 5
The next DeFi Summer explosion is coming. 👀

Ethereum and L2s are the place to be.

Don't take it from me. Take it from the biggest institutions themselves.

April 12th changes everything. Here's what institutional money is doing.

🧵 ↓

1/8
The Shanghai Upgrade will enable unstaking, de-risking Eth staking as an investment.

If successful, we can expect more institutional participation.

Eth staking is worth ~$20bill rn and is on course to be a trillion-dollar industry.

TradFi has been quietly getting ready...

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Many of us got rekt in 2022.

While most were selling, institutional money saw nothing but opportunity.

Since April 2022, legacy TradFi companies, with TRILLIONS of dollars behind them, have been coming into the industry.

See below. 👇👇👇

3/8
Read 9 tweets
Apr 3
The GambleFi tokens like $ARC, $ROUL, and $LOTTO did 10-50x after launch.

This is the only narrative that has consistently been on fire this year.

I think I found the next one...

🧵 👇

1/10 Image
@PepesGame is a simple and easy-to-play game that puts the fun back in trading.

In this thread, we will cover:

• What is Pepes Game?
• Revenue Share
• Potential
• Final Thoughts

Let’s dig in!

2/10
→ What is Pepes Game?

It’s basically a slot machine where you can gamble on being right or wrong on a trade.

You just:

1️⃣ Pick your bet size ($15 or less)
2️⃣ Press Spin
3️⃣ See if you win

There is a 10% flat fee to play. Here's how it works.

3/10 Image
Read 12 tweets
Mar 31
#Ethereum is headed for a supply shock! 🔜 💥

@0xAcidDAO is positioned to benefit the most from this and the LSD Gold Rush.

What does this mean for you?

Higher ETH staking yield and a piece of their multi-million dollar treasury. 👀

Here's what you need to know. 🧵👇

1/10
Acid is a sort of management protocol that is determined to help Ethereum grow long-term and maximize your staked ETH yield.

This thread will cover:

→ $ACID Key Takeaways
→ ETH Supply Shock
→ Why so bullish
→ ETH 10k Marathon 🏃💧
→ Final Thoughts

Let's dive in!

2/10
➡️ $ACID Key Takeaways

✅ Protocol earns most swap fees (due to POL)
✅ Buying $ACID = Long ETH + yield
✅ 100% of revenue goes to ACID stakers
✅ Real Yield
✅ Bent on growth of ETH

Read the thread below for more. 👇

3/10
Read 11 tweets
Mar 30
The balance of global power is shifting.

This Global Bank Crisis is a small part of a much larger cycle.

@RayDalio shows us how this cycle is The Changing World Order.

Here are some insights from his book and what it means for you.

🧵↓

/1 Image
The "World Order" is how the world works. It's often set by the most powerful country and the treaties it makes.

This creates a system of operations that weaker countries around the world have to abide by.

/2
The U.S. has been the most dominant country since World War II.

As a result, the U.S. dollar rose to become the world reserve currency.

It became the most sought-after and used medium of exchange in the world.

/3
Read 15 tweets
Mar 29
@EktaChain is the most undervalued gem in the RWA space! 💎

They are merging DeFi/Crypto and RWAs to create more opportunities for people around the world.

Adding $EKTA to my long-term plays!

Here's why.

🧵👇 Image
Centralized institutions and governments have outdated policies that lead to unemployment, debt, and poverty.

Ekta's vision is to give everyone around the globe access to a decentralized ecosystem to better their lives and break free.

1/ Image
In this thread, we will cover how they will get there and how you can benefit.

Here's the outline:

• What is Ekta?
• 7 Key Products
• Roadmap
• Final Thoughts

Let's dig in!

2/
Read 18 tweets
Mar 27
Tokenizing Real-World Assets (RWA) brings $300Trill+ to DeFi!

As DeFi gets closer to mass adoption, there’s an opportunity for all of us.

Here's an overview of RWAs and 6 gems to keep your eye on. 💎👀

🧵👇

1/10 Image
Many came to DeFi for the attractive yield.

Now that the yield is the same as TradFi, many left. RWA changes this.

In this thread, we will cover:

→ RWA Overview
→ Benefits
→ Market Demand
→ Projects to Watch

Let's dig in!

2/10
➡️ What is the RWA narrative?

→ RWAs are physical & traditional, often illiquid, assets brought on-chain and used for yield within DeFi.

→ Assets like real estate, private equity, art, & insurance can be tokenized.

Two worlds collide and market opportunities are born!

3/10 Image
Read 12 tweets

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