J🌋🥩🧈 Profile picture
I do not give financial advice . writing about crypto for fun
Sep 30, 2022 6 tweets 1 min read
A POST ABOUT LAYERS .

L0: allows Bitcoin, Ethereum, and other blockchain networks to function. Layer 0 components include the internet, hardware, and connections that will enable layer one to run smoothly. One of my fav protocols is built on this layer, $DAG . 1/6 L1: Blokchain itself that improves L0 .They can validate and finalize transactions without the need for another network.They have their own native token, used to pay for transaction fees.  For instance, $FTM and $ETH $Btc, BNB Chain. 2/6
Sep 29, 2022 6 tweets 2 min read
UNRELATED THOUGHTS

This topic might be unrelated to crypto, but it actually applies in life as a whole. When we start something from scratch it tends to be overwhelming. How do we get from nothing to something, and from that something to everything? In business, or in investment, we want to get to big gains fast. But there is a process to it. You can’t run if you don’t learn how to walk. I personally see this clear example on my physical self and then I can extrapolate it to business itself.
Sep 29, 2022 4 tweets 1 min read
SHANGHAI UPGRADE $ETH

Even tho the merge took place, this is only 55% of the way to completion. Transitioning from PoW to PoS is not the major goal; SHARDING is (splits blockchain entire network into smaller partitions, known as "shards." Each shard is comprised of its own data) So, what is the Shanghai upgrade? Many users feared that the merge would result in a flood of unstated $eth saturating the market making it completely inflationary. Well, no. Staked $eth is gonna remain locked until this upgrade finds completion. And to avoid confusion:
Jul 27, 2022 6 tweets 1 min read
RaaS (Rollups-As-A-Service) a long 🧵🥶

What is a a RaaS or Roll-up-as-Service? If you are not familiar with the term, It is a way to take multiple trx and roll them up into a single piece of data before submitting them all to the blockchain. And why are they needed? To protect against fraudulent trx, something in this space is considered almost common currency. Safety is primordial in the land of the far west. An issue with cross-chain protocols is the fact that they resulted in a relative independence between blockchains.
Jul 26, 2022 5 tweets 1 min read
LIQUIDITY BOOTSTRAPPING POOLS 🧵

To grasp this concept first let’s define what an AMM is.(automated market makers) .liquidity in crypto is provided by 50/50 pools, and as assets start getting bought and sold, ratio starts changing, hence the concept of impermanent loss. In other words, AMMs allow digital assets to be traded without permission and automatically by using liquidity pools instead of a traditional market of buyers and sellers, and there is a constant balance.
Jul 25, 2022 6 tweets 2 min read
$DAG HYPERGRAPH

Real world solutions in crypto like VET HBAR and QNT are a start. But I believe in narrowing down and tackling more specific data info such is the case of $dag . Understanding the hypergraph is key to understand what @Constellation actually represents. Lets talk about the “state Chanel “ which operates above Hypergraph , an L1. L0 tokens are the cryptocurrencies that run on the various state channels, and each business on a state channel can mint its own L0 token.
Jul 25, 2022 6 tweets 1 min read
RATIONALE BEHIND BLOCKCHAIN TECH FOR AGRICULTURE 🌾

Those who find use cases in crypto unsubstantiated or believe it has no value: huge misconception. Embracing the new paradigm can help millions around the globe in a world crisis in which food becomes scarce. Profit is being made behind the curtains of an unclear world scenario with governments gambling with people lives. The world is now, more than ever , depending in those countries which are the so called “barns of the world”.
Jul 24, 2022 6 tweets 2 min read
WHAT IS CONSTELLATION $DAG ?
Answering to a very valid user question: is $dag an $ftm clone? NO.
Still faithful to L1 protocol $ftm, I think it was time to invest in something innovative that can actually speed up the evolution towards web3; such is the case of @Conste11ation What is it? Protocol built on L0 which allows everyone to build on top of it. In fact, before adventuring ourselves deeper: L0 is a network running beneath the blockchain. Forms the foundation of the blockchain eco. $dag Allows everyone to build and conduct business on blckchain.
Jul 24, 2022 4 tweets 1 min read
PART 3 ; When web3 meets.

Real estate and NFTs; explosive combo. @oozefinance also created their own world: Oozelandia. Teams can buy a house on the map. Those who invest in these building NFTs will be able to customize an advertising tool that everyone will see . As NFTs, these buildings will be also tradeable and sellable. But also, you are buying a private space for your team. I will expand on this later cause it deserves more thoroughness, but @oozefinance is creating a whole ecosystem within:
Jul 23, 2022 4 tweets 2 min read
EverOwn @EverRise

EverOwn has reduced it’s DEX taxes from 6% to 5%. This is huge in a big picture analysis. If you are not familiar with this particular product of the @everrise family: it's a solution for projects by locking the smart contract and newly generated liquidity on blockchain with a weighted community vote. Meca of Defi and security in the space provided by another of the @EverRise products.
Jul 23, 2022 7 tweets 2 min read
POW/POS & MORE BASIC CONCEPTS .

Basic concepts that are useful to grasp. When we try to ensure the validity of transactions in a network or crypto trading, PoW & PoS are 2 blockchain consensus models that make this happen.
What are those concepts? Proof of work (PoW) blockchain models verify transactions through a consensus algorithm. This requires expensive computers and uses up a significant amount of energy. Those that verify the transaction first receive compensation in the form of coins.
Jul 17, 2022 6 tweets 1 min read
BRIEF NOTE ON DeFIX

First understanding the concept of AMM (automated market makers) .liquidity in crypto is provided by 50/50 pools, and as assets start getting bought and sold, ratio starts changing, hence the concept of impermanent loss. In other words, AMMs allow digital assets to be traded without permission and automatically by using liquidity pools instead of a traditional market of buyers and sellers.
Jun 30, 2022 4 tweets 2 min read
OTHER RELEVANT DEXS ON $FTM - EVERSWAP

EverSwap is the fifth Dapp that @EverRise launched. a multi-chain DEX, with a Native Coin Swap. The one characteristic of it is the fact that is cross-chain: this is possible due to another App of the @EverRise eco bridging EverBridge. Key aspect: Native Coin Swap. What is it? So the problem is here , that various chains have a complication when withdrawing tokens. This is not the case for $ftm, but it is so for other chains such as $BNB or $ETH :
Jun 29, 2022 5 tweets 3 min read
MUON - A 🧵

A quick review on Muon and its relation to #DEUS @DeusDao; more reasons to acknowledge the magnitude of this project and how far it goes . $MUON . Was one of the pillars of $DEUS $DEI. It is important to know who is the team behind such an important tool (oracle). Deus Finance has confirmed an exploit involving the manipulation of its oracle, Muon when the protocol suffered the“hack” . This wasn’t due to a “bad” oracle; this is a newer better technology that was abused by malignant users. @muon_net and @DeusFinance keep growing together.
Jun 28, 2022 4 tweets 2 min read
EVER OWN $FTM - 🧵

Wanted to give a special focus to one of @EverRise apps. EverOwn . Rug pulls are just a popular legend or talk until they happen to you, and users get rekt. Sometimes security is overlooked at amongst all other things but IMO, is one of the Pilars in crypto; it shakes the confidence and trust of users. @EverRise renounces to token ownership. How is this relevant? It increase the credibility of their projects and liberate people from worrying about rug pulls and voting rights.
Jun 24, 2022 4 tweets 1 min read
$FTM vs $DAG

I got interested in making this comparison since I like both of them. Might add before hand, this is not about which one is better than another. $ftm is an L1 that utilizes a directed acyclic graph (DAG) approach. This mechanism is responsible of its low fees, high speed and scalability.
$dag on the other hand is a protocol built on L0 . Pears and apples. Before adventuring ourselves deeper: L0 is a network running beneath the blockchain.
Jun 23, 2022 7 tweets 1 min read
MATIC VS $FTM

When we compare Polygon(Matic) to FTM we need to understand that though similarities arise, they are completely different. For instance first and foremost they are different LAYERS. Matic is NOT L2 (it is a side chain). The reason L2s like optimism are exciting is because they inherit the security of ethereum mainnet. (matic has its own consensus mechanisms).: Its a scaling solution for $eth which aims to provide faster and cheaper transactions.
May 16, 2022 4 tweets 2 min read
HOW $DEI WILL RE-PEG (brief)

Hope this is useful; some comments on DEI peg. T-Bond model: debt issued by the U.S. government to raise money. $DEUS will mimic. When you buy a T-bond, you lend the federal government $, & it pays a stated rate of interest until loan comes due. Main goal: bring DEI back to peg. So to do so, they plan on using this model. $DEUS will sell treasury bonds in exchange of collateral.
Now, what happened? During the hack, @DeusDao is short on USDC on treasury.
May 15, 2022 5 tweets 1 min read
Seems like everyone is a little bit touchy today. Go Drink some wine to take the edge . Giveaway: guess how many bottles in my cellar and I’ll give 300 $ftm to whomever gets the number . Answer revealed tomorrow . 😘 HINT!: till now, no one got it right . its in the 200.
May 15, 2022 4 tweets 2 min read
TOMB DYNAMICS.

The main goal of @tombfinance was to increase liquidity within the $FTM ecosystem and therefore make $ftm grow. There are various projects within an eco with its own liquidity pools, and the summatory of them compose the TVL of the chain. A higher TVL means more transactions and more money. More money = more funding for projects within the blockchain. TOMB offered FARMS to stake tokens. When you provide the tokens into the pool, you get rewarded in interests.
Apr 23, 2022 4 tweets 2 min read
METRICS ON GAME/FI

What metrics can we use to determine the potential of new gaming projects? What boxes do we have to check in order to consider it a relatively good investment? $ftm eco has games of interest : @TankWarsZone @penguinkarts @StumbleURumble to name a few. Amount of users on the protocol:
This metric determines the popularity of the game among users. P2E models are indicators of high user popularity; ITS A MUST that this is paired to low gas fees in order to retain users and attract new ones.