Hercules | DeFi Profile picture
May 30, 2023 11 tweets 9 min read Read on X
$BNB chain has the third highest TVL of $4.5Billion.

But some are not sure which projects to Invest in #BSC.

List of my Top 7 project picks on @BNBCHAIN 🧵 Image
1/ Radiant Capital

@RDNTCapital is an omnichain protocol where users can deposit any major asset on any major chain and borrow various supported assets across multiple chains.

Total Market Size on BSC - $240M

Below are the assets on the BNB chain. Image
2/ Thena

@ThenaFi_ is a Ve(3,3) protocol on BSC that has improved the Solidly model with new features such as NFTs, Referrals and Gauges.

TVL of Thena - $73.13M
Market Cap - $3.8M Image
3/ Velvet Capital

@Velvet_Capital
is a DeFi operating system that helps institutions launch and manage financial products on-chain.

It allows users to create tokenized funds and yield farming strategies.

Below is a list of portfolios in which users can invest: Image
4/ Alpaca Finance

@AlpacaFinance is the largest lending protocol allowing leveraged yield farming on BNB Chain.

It helps lenders earn safe and stable yields, and offers borrowers undercollateralized loans for leveraged yield farming positions.

TVL of Alpaca - $381M Image
5/ Level Finance

@Level__Finance is a perpetual DEX on Binance Smart chain that provides Real Yield to its users.

Its focus is on providing clear risk management solutions for liquidity providers.

TVL of Level Finance - $29.04M Image
6/ Wombat Exchange

@WombatExchange is Scalable, low slippage, and single-sided staking stableswap backed by Binance Labs.

TVL of Wombat -$95.73M

Below are some of the pools available on Wombat: Image
7/ Palm Swap

@Palmswaporg is a perpetual DEX on BSC that provides leverage up to 50X.

Their synthetic architecture makes Palmswap more capital-efficient than any existing platform.

They will be releasing V2 soon, which is the first single asset liquidity perpetual DEX on BSC. Image
I will be adding 2 more projects and posting a list of 9 projects on my newsletter soon, so subscribe if you dont't want to miss out : Image
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More from @Hercules_Defi

Feb 24
To find the next 100x you need to find the best new projects.

To find the best new projects, you need to follow the right KOLs.

I have listed Top 10 projects followed by KOLs last week 🧵 Image
I put a lot of effort into this thread to bring you the best alpha.

Bookmark this thread for future reference. Now let's look at the projects. Image
1/ @monaidev

Monai stands for AI on Monad, where they build a suite of generative AI tools that will be integrated with Monad. Their flagship product is an advanced, unrestricted Large Language Model (LLM).

$MONAI will be their token, which will launch on Ethereum.
Read 14 tweets
Feb 21
DEPIN will be a $3.5 trillion sector by 2028, according to Messari.

Data Layer is a critical part of DEPIN, which facilitates data transmission.

Let's look at how DEPIN will serve as an enabler for Data Layer.

And a project with 10x potential 🚀🧵 Image
In 2023, the DePIN ecosystem expanded, reaching a total of over 650 projects across six subsectors, which include:
♦️ Compute - 250
♦️ AI - 200
♦️ Wireless - 100
♦️ Sensors - 50
♦️ Energy - 50
♦️ Services - 25 Image
DEPIN serves as the enabler for the DATA Layer by providing the physical infrastructure needed for Data transmission via decentralized collaboration.

The Data Layer is an example when it comes to blockchain infrastructure, providing a platform for the exchange of real-time data. Image
Read 14 tweets
Feb 18
To find your next 100x, you must find Trending new projects.

To find such trending projects, you must snoop KOLs.

A list of 10 trending projects that are loved by my KOLS 🧵 Image
1/ Blaster

Using @BlasterSwap you can Trade, Earn, and Launch New Tokens.

You can also Gamble while farming $BLAST & $BLSTR rewards.

Their early access airdrop is live:
2/ Portikus

@Portikus_ brings decentralization to Intent based DeFi protocols, built by @ParaSwap team.

Portikus will be a decentralized network of nodes that run a solving engine on top of the ParaSwap aggregator. Image
Read 13 tweets
Feb 16
Ethereum gas fees is going to get 10x Cheaper with 50x Faster TPS.

Most awaited and the Biggest update to Ethereum is coming next month.

An Eli5 thread on EIP-4844 aka "Proto-Danksharding" 🧵 Image
Higher Ethereum gas fees and lower Throughput (TPS) have been plaguing Ethereum users for many years.

Ethereum Rollups too get affected when there is higher fees on L1.

This is going to end on March 13th with EIP-4844 (or) Proto-Danksharding. Image
But before seeing what Proto-Danksharding (EIP-4844) is, we must first understand 'Sharding'.

Sharding involves splitting up a large database into smaller and more manageable units (known as 'Shards') for easier access to information. Image
Read 13 tweets
Jan 1
The DEPIN narrative is going to take 2024 by storm.

It is expected to be a $13 Trillion category by 2030.

7 Important Projects from the Narrative 👇🧵 Image
In this thread I will cover:
♦️ What is DePIN?
♦️ 7 Important DePIN projects

Please BookMark this thread for future reference.
DePIN refers to Decentralized Physical Infrastructure Networks, representing a novel approach to constructing and upkeeping physical world infrastructure.

This infrastructure encompasses a range of elements, from WiFi hotspots within wireless networks to solar-powered batteries. Image
Read 13 tweets
Dec 5, 2023
The LUNA collapse in May 2022 sent shockwaves through the Crypto Industry.

This resulted in USDT losing its PEG.

Let's look at how @reserveprotocol can solve this through RTokens.🧵 Image
The Reserve Protocol enables the creation of yield-bearing & overcollateralized stablecoins backed by a mix of ERC20 tokens on Ethereum and Base chains.

These stable, asset-backed currencies established using the Reserve protocol are referred to as "RTokens." Image
RTokens can solve problems faced by Fiat currency, such as inflation, which deprives the currency of its value.

It can also help prevent black swan events such as Stable Coin Depeg since RTokens are backed by multiple assets and over-collateralized by $RSR.

More on RSR later.
Read 18 tweets

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