Jme 👾 Profile picture
Crypto & Gaming @BitkraftVC | Co-Founder @Block49Capital
Jan 20, 2022 17 tweets 6 min read
$rDPX V2 has just launched their new tokenomics, lets take a look and see how this now affects $rDPX as an asset as well as the entire
@dopex_io ecosystem 🧵
Originally, $rDPX was designed and used as a rebate token which would be minted when option writers incurred losses, effectively allowing @dopex_io to provide options at more competitive prices compares to competitors.
Dec 29, 2021 23 tweets 8 min read
What are the $CRV wars?, Why they are a big deal? and Why is @redactedcartel $BTRFLY in a good position to benefit?. A thread 🧵 Ever since the explosion of DeFi in the summer of 2020 we have seen a plethora of money enter decentralized finance protocols. Fast forward to now and there is ~250B locked across a wide range of DeFi protocols
Dec 28, 2021 10 tweets 4 min read
How Web 3.0 Social Media could look like. A 🧵

One of the largest opportunities within Web 3.0 is social media. However, it will look nothing like the social media networks we are accustomed to
(h/t @Mikey0x_) The current problem with the current social media landscape is that the centralized entities hold too much power. The goal of these entities is not to maximize user value but rather shareholder value, creating unaligned incentives and extractive practices.
Dec 27, 2021 10 tweets 5 min read
How does DeFi disrupt traditional finance 🧵

The primary goal of the financial sector is to efficiently allocate funds towards the best possible uses. These uses can be divided into:

Personal Finance
Corporate Finance
Public Finance

#DeFi #blockchain #cryptocurrency Although traditional finance has been an effective way of allocating funds, it possesses several structural disadvantages. TradFi’s accessibility issue leaves 1.7 billion individuals without access to any services. TradFi has also been historically extremely slow to innovate.
Dec 26, 2021 20 tweets 7 min read
After spending some time over the holidays exploring new DeFi protocols I came across a particularly interesting one. A look into @neworderDAO $NEWO 🧵 New Order is an Ecosystem DAO looking to incubate the most innovative Web 3.0 Financial products. $NEWO will incubate projects that contribute to their vision of creating a fully composable and multi-chain financial ecosystem. Image
Nov 11, 2021 13 tweets 6 min read
Why I think @AxieInfinity is going to have a crazy next few months 🧵

DAU's - Daily active users have continued to grow ~5% WOW for the past few months. This is likely primarily driven by the rise of many P2E guilds and the expansion of existing guilds such as @YieldGuild However, despite this continued growth in Axie DAU's, we have seen Axie breeding growth remain relatively flat. Keep in mind that for every new @AxieInfinity player there must be at least 3 new #Axies created
Oct 4, 2021 4 tweets 2 min read
Looking at TVL/MC of the top 4 L1's (by TVL), it is clear that LUNA is severely undervalued. Assuming the market values 1$ the same on each chain, LUNA would have to appreciate 73% to reach a "fair value". Image P.S
There are many reasons why the market might discount $1 of TVL on $LUNA compared to ETH/SOL. Could be due to lack of utility (Col-5 should solve) or could be a myriad of other reasons so take this with a grain of salt. This just assumes 1$ TVL is = valued across all chains
Oct 4, 2021 12 tweets 5 min read
Let's take a look at one of my favourite upcoming @terra_money projects. @Levana_protocol 🧵

The Levana protocol is designed to create leveraged products. As we all know, leverage is a very popular tool in crypto. Levana aims to create leveraged products for any asset Levana creates these products through the use of a "Leverage Capsule". Which works as follows:

LUNA is deposited into @mars_protocol for maLUNA
maLUNA is used as collateral to borrow UST and buy LUNA
Process is repeated until desired leverage is reached