Seems like the @Root_Genesis ecosystem is evolving fast! I came across Root about a month ago and I'm liking what I'm seeing.
🧵👇
2/n
By now you've probably heard of Root already.
It's an omnichain governance layer with an integrated product development house.
#Root acquires governance assets, and reinjects revenues into ve(3,3) ecosystems and goverance layers (like what #Aura is to Balancer).
3/n
Profits are then split among #rootNFT holders, used to fuel the Root ecosystem, and power BloomWorks, Root's DeFi research and development arm.
Not only do I expect Root's BloomWorks to thrive, but I expect the $ROOT token to provide immense value over time.
4/n
The #rootNFT collection is the cornerstone of the whole Root ecosystem, and it's the quickest way to receive all the benefits Root will offer.
It's a series of 3k NFTs with staking and airdrop features.
5/n
Some of the perks of the #rootNFTs are:
- 40% year 1 target esROOT APR
- 1% Royalties from secondary NFT sales
- 10% Airdrops on all of Root's tokenized Stems (@Torus_xyz already announced)
- 20% Fees from LP
- 20% Treasury-generated earnings
- AND a 2,000 $ROOT airdrop
6/n
The total amount they are minting is 3k NFTs. All the unsold NFTs will be burned. 2,412 were listed for sale, and there's over 2,000 left.
This means that for every NFT not minted, every existing NFT will receive more value.
7/n
If you're considering buying one, you can find their phase 1 dApp at app.root.credit
Good luck, and DYOR.
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Does it means it's the end for #crypto? Or is it an opportunity to make even more MONEY?
a 🧵
2/n
Historically, $BTC showed a low to moderate positive correlation with traditional financial markets.
But in Q1 2023, it began detaching, hinting at a shift in the financial landscape. What's the reason?
3/n
Factors behind #Bitcoin's decoupling:
- Increased institutional adoption
- A growing interest in #DeFi
- A view of Bitcoin as an inflation hedge
- Global economic uncertainties.
Its been a horrible year for #coinbase -
-Stock lost > 85%
- > 2B$ net income loss
- Fined by regulators once again
- According to @Protos S&P Officially downgraded the #stock to “junk”
-A new #WallStreet powerhouse is tackling them head on
Let’s cover everything 1 by 1 👇
3/n
Let’s begin with the revenue according to the latest report (Q3 2022):
#Coinbase’s Total Revenue in 2022 until September was 2.5B$, less than 50% of the matching range in 2021 (5.3B$) 📉
TVL dropped by more than 150B $ and > $1T wiped out from crypto markets this year!🩸
As 2023 approaches:
Should you still be bullish on #crypto?🤔
Who is the new KING to hold onto this year?
Uncover the answers in this🧵
2/n
Unlock the Future of #DEFI and Find Out Who's the KING in 2022! Here's Our Summary of What is to come:
- How Big Has DEFI Gotten?
- Which Token Rules Over All?
- Could Bankruptcies Spell the End of #Crypto?
- What's The Potential of Crypto in The Next Few Years?
Dive in👇
3/n
First of, I would like to thank the following pillars of crypto for their continued work and market research this thread is based on
In this thread we are going to cover the following interesting claims by #BlackRock:
- A new #investment playbook is needed for this new volatile market state
- “Old Playbook” strats like “buying the dip” may no longer work
3/n
- Central Banks are deliberately slowing down the markets
- Recession is all but certain
- And many more interesting #stock strategies than we can apply on #crypto