Coinbase just lost the 2nd largest ETH staking protocol position to @ssv_network.

And SSV just announced something way bigger:

Based Applications (bApps)

Let's take a deep dive into SSV 2.0 and why it's better than Restaking:

🧵 What are Based Applications (bApps)?

Previously, traditional ecosystems often created their own security models.

It's capital-intensive and less decentralized.

bApps are a type of decentralized application that leverages the existing Ethereum validator set for security.

The conflict between Solv and other BTCFi projects needs to end now.

No party actually gains from this situation.

Here's a breakdown of the incident and its impact on BTCFi from my perspective:

(TLDR: @SolvProtocol is not a scam.)
🧵 Disclaimer:

I've been farming both Lombard and Solv and have featured them in my BTCFi farming strategy content before.

I believe Solv and Lombard excel in their respective areas, so I've dedicated time to understanding them from different perspectives.

Restaking with @symbioticfi is now better than ever.

It's modular, flexible, and permissionless.

Here are the key details about the Symbiotic ecosystem:

🧵
(ELI5 version)

1/15 I will cover:

1️⃣ What is Symbiotic
2️⃣ Symbiotic vs. EigenLayer
3️⃣ Why You Should Farm
4️⃣ Farming Strategy
5️⃣ My Take on the Symbiotic Launch

2/15

1/ PT tokens by @pendle_fi are getting into mass adoption.

They are now accepted as collateral in money markets.

It unlocks a new DeFi yield strategy on $ETH

🧵 on Leverage Looping PT Strategy (90% APY + Points) 2/ I've seen development in DeFi for 4 years now.

When we have new innovations, we get to access new kind of yield strategy.

This time, it's from Pendle going viral + PT as collateral + One click looping by @Contango_xyz on Arbitrum

1/ Automated airdrop farming is the secret tool to multiply rewards.

It's effective and scalable, but not everyone has access to it.

@zkAutomate is a scalable no-code platform for airdrop farming, trading, DeFi management.

Here's how you can benefit from this tool: 2/ Problem:

Crafting scalable airdrop farming strategies is very hard.

Using a third-party service? It's too risky to let them access your funds.

Leveraging automated strategies at scale is almost impossible for average users.

1/ #RUNES ecosystem is a 100x opportunity that is starting in 4 days.

Early users will enjoy the ride, and you should not miss it.

Here are essential things about Runes before its launch.

🧵 (ELI5 version) 2/ What's Runes?

Runes is not a project or token. It's a protocol on Bitcoin.

Projects are building on this protocol, and they will launch tokens you can trade after the Bitcoin Halving.

That's the most important thing degens should understand.

YT trading on @pendle_fi is the most profitable DeFi strategy this season.

If you still don't know where to start, I've got you covered before it's too late.

🧵 on YT trading (ELI5 version) + My left-curve farming strategy on #LRT protocols. You've been reading threads about Pendle a thousand times.

Yet, you still forget how YT works and how to come up with ROI.

This is why I made this thread to recap my understanding + my strategy.

Some people might overlook @magpiexyz_io due to the complexity of understanding all the subDAOs.

That's why I enjoy exploring this beta and undervalued play.

Quick 🧵 outlining my mental model for this ecosystem: Magpie's vision is to maximize DeFi yield on multiple key ecosystems in crypto industry. So far, we have:

@Penpiexyz_io on Pendle
@Cakepiexyz_io on Pancakeswap
@Eigenpiexyz_io on EigenLayer
@Radpiexyz_io on Radiant

Let me explain the mental model: 👇🏻

AI & Gaming are the hottest narratives in this bull run.

The best part? We are still EARLY.

And a DePIN project that supports this growth will be worth BILLIONS.

🧵 on Potential of AI & Gaming Infrastructure + A way to get into a DePIN project as an early adopter. Before we start, make sure you subscribe to Tindorr's Burrito, my new TG channel:

I'll be sharing quick thoughts and time-sensitive opportunities on that channel since I don't want to spam everything on this feed.

.@KelpDAO is going to launch $KEP on 28 Feb.

This is going to make the LRT landscape even more competitive.

A short 🧵 on my strategy for how to capitalize on $KEP: A Quick Refresher:

Kelp is a Liquid Restaking Protocol (LRP) which issues $rsETH as a Liquid Restaking Token (LRT) for restakers.

Now it has become the third-largest Liquid Restaking Protocol with $572M in TVL.

The newest updates from Kelp are ✅ #nLRP and ✅ $KEP

Perps trading protocols need to be really innovative to win.

And I think those that solve the funding rate problem will be one of the winners.

Introducing "Perps - Built Through Looping"

🧵 on how it works and my strategy to farm points and maximize APR.

1/16 This thread will cover:

1️⃣ Current Pain Points
2️⃣ Solution: Perps - Built Through Looping
3️⃣ Point System
4️⃣ Tindorr's Dual Point Farming Strategy

2/16

The gaming narrative in this cycle is real.

I've tried playing the game myself, and the standard of game quality is phenomenal.

If you want to know what I'm monitoring, here are 6 gaming projects you should start following:
🧵 The reason I decided to write this thread is because I've been monitoring charts of gaming tokens for a while.

And the momentum is starting.

None of the content in this thread is sponsored. So please DYOR and enjoy.

Liquid Restaking is the narrative you cannot fade.

And @puffer_finance is the fastest-growing Liquid Restaking Protocol (#LRP) in the area. $300 million TVL in 3 days.

A 🧵 on everything about this innovative LRP fish 🐡 : potential, tech, airdrop

(ELI5, bookmark this.)

1/19 This thread is the first episode of my LRT War collection.

I will be posting content about my thoughts on interesting protocols and how I envision the outcome of this narrative.

Make sure you like and follow to stick around.

2/19

One of the best DeFi innovations so far in 2024 could be:

@InitCapital_ - The Liquidity Hook Money Market

It's gained massive attention and skyrocketed to become the largest money market on Mantle within 24 hours.

🧵 My thoughts + strategies on this tokenless project.

1/20 I've been monitoring the Mantle ecosystem for almost a year.

But I have never seen something like INIT. It is innovative and gaining a lot of momentum.

So far, it has attracted $16.6M in 1 day (launched 2 days ago) and become the No. 1 money market on @0xMantle.

2/20

Pendle is going to win in the #LRT narrative and more in 2024.

If you still have no clue how Pendle fits into LRTfi and any narratives, I've got you.

🧵 How to farm yield and points on LRT using @pendle_fi + Bull Thesis on $PENDLE.

(ELI5 version; bookmark this.)

1/21 This is NOT a sponsored post. I've recently become a heavy airdr0p user, so I know how difficult it is for someone with little capital to get a large airdrop.

I spent days strategizing and planning my capital allocation, and Pendle has the most interesting offer.

2/21

#DePIN is the hottest but very hard-to-digest narrative.

DePIN acts as a "narrative aggregator," encompassing the various narratives we've been discussing since 2017.

Here is my ELI5: 🧵 Breaking down DePIN into small pieces + providing perspectives to analyze projects.

1/19 What is DePIN?

It's De + PIN = Decentralized (De) + Public Infrastructure Network (PIN).

We already know the definition of "Decentralized" which everyone of us contributes to achieve one particular objective.

Hence, let's jump into "PIN"

2/19

If you still have no clue what will happen next year,

Here are 7 opportunities (narratives/seasons) with strategies I've crafted for 2024 🧵:

1/15 1️⃣ L2s with Native Yield Assets

It's the era of earning interest rate.

@Blast_L2 has led this narrative to integrate native yield assets and enable users to natively earn more ETH & stables while holding on to its chain.

@MantaNetwork is also launching in Q1.

2/15

Many people feel the need for more capital to trade, farm airdrops, or generate.

But trust me, you don't actually need it.

Here are 4 strategies and 10 protocols that I use to maximize the potential of my assets and reap all the benefits at once:
🧠🧵

1/17 If you want to perform one action (lending/borrowing/staking), it is better to find a tokenless protocol to increase your chances of receiving a higher return from the airdrop.

Here are my actions:

2/17

Money market in this generation is completely outperforming the OGs like AAVE and Compound.

The new features in these protocols provide a much better experience.

🧵 on how to evaluate money market protocols + the actions you can capitalize on them. When selecting a money market protocol, you need to look at several aspects:

• Functionality
• User Experience
• Security

To find the potential money market, you need to see the enhancements in these aspects compared to the OGs like AAVE or COMP.

Real World Assets (RWA) is a narrative that you cannot fade.

RWA has recently risen from the 10th to the 6th largest TVL sector in just 3 months. ($5.8 billion)

Mega 🧵 on growing verticals and projects in RWA + how to capture this growth.

1/28 In this thread, I'll cover:

1️⃣ The Overview of RWA
2️⃣ 3 Growing Verticals in Q4 2023
3️⃣ What to Expect in 2024
4️⃣ Infrastructure in RWA by @Entanglefi
5️⃣ How to Capture This Growth

2/28

"Oracle-less protocols will disrupt the significance of Oracle price feeds."

This statement is WRONG.

Instead, they will coexist and increase utilities in DeFi.

Let's explore 5 new oracle-less protocols from @BinanceResearch and my thoughts on this primitive 🧵. This thread will cover:

1️⃣ A Quick Refresher on Oracle
2️⃣ Why Oracle-less
3️⃣ Oracle-less Lending
4️⃣ Oracle-less Derivatives
5️⃣ Oracle-less NFT
6️⃣ Scoring + My thoughts on how to play this primitive