Crypto Texan | Polygon DeFi 🦇🔊💜 Profile picture
Justin Havins IRL | Decentralized Finance Team at @0xPolygon $MATIC | Never Financial Advice | @bganpunks #5304 | Fmr. @IndexCoop $INDEX | Fmr. @FrostBank $CFR
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Jul 18 10 tweets 2 min read
here are 8 misconceptions about "The Merge" on #Ethereum that you should know: 1. The Merge will reduce gas fees

false. The Merge changes the consensus mechanism, and does not expand network capacity

gas fees are a product of network demand relative to the capacity of the network

efforts are being focused on scaling user activity at layer 2
Apr 21 10 tweets 4 min read
ZK Rollups
Optimistic Rollups
sidechains
hybrid scaling solutions
stand-alone & enterprise chains

all are scaling #Ethereum

but the @0xPolygon ecosystem has, or is developing, its version of ALL these scaling solutions

and $MATIC powers these solutions

pay attention👇

1/⤵️ when users think "Polygon" they think of the Polygon POS chain

they think of Polygon as "a low-cost Ethereum-friendly alternative to Ethereum's Mainnet"

but it is much more than that

it's a toolbox of scaling solutions, and the $MATIC token powers this scaling ecosystem

2/⤵️
Mar 27 8 tweets 5 min read
metaverse & NFT infrastructure is growing

learning from it's DeFi predecessors, $MVI protocols like @NFTX_ are driving TVL and volume

$PUNK used to be the only NFTX vault with >$1M TVL - now look

@FloorDAO aims to grow these metrics further

-How?
-WTF is @FloorDAO?🧵

1/⤵️ Image what's @FloorDAO? 💨🧹

FloorDAO is a decentralized NFT market-maker

enabling deep, sticky liquidity for it's treasury NFT collections

a bond & rebase mechanism, like @OlympusDAO, attracts productive NFT liquidity

and deploys NFT liquidity in yield generating NFTX vaults

2/⤵️
Dec 22, 2021 6 tweets 3 min read
🚨COMING SOON!🚨

The Bankless DeFi Innovation Index | $GMI

@banklessDAO and @indexcoop join forces once again to bring the crypto space a DeFi 2.0 Index!

🚀 how will this be different from $DPI?
🚀 what's the methodology?
🚀 how to get included in $GMI?

let's dig in🧵

1/⤵️ 🚨COMING SOON!🚨   The Bankle... $GMI seeks to capture the performance of emergent DeFi application themes

$GMI relaxes the inclusion criteria of Index Coop’s flagship index - DeFi Pulse Index | $DPI

$GMI provides exposure to "experimental" DeFi project tokens which are further out on the risk curve

2/⤵️ $GMI seeks to capture the p...
Dec 13, 2021 5 tweets 5 min read
🚀 2x $ETH Leverage with NO Liquidation🚀

@IndexCoop is excited to announce the @TokenSets Polygon deployment of...

ETH 2x Flexible Leverage Index (FLI) ON POLYGON!

Another great example of composability utilizing the @AaveAave Leverage Module.

ZERO LIQUIDATION?🧵

1/⤵️ 🚀 2x $ETH Leverage with NO Liquidation🚀   @IndexCoop i #ETH2xFLIP is an ERC20 token that enables traders to automate leverage to $ETH in a decentralized way using the Aave Leverage Module.

Polygon means investors and Asset Managers, like @IndexCoop, can take advantage of cheaper and faster transactions.

Aave Leverage Module?

2/⤵️ #ETH2xFLIP is an ERC20 token that enables traders to automat
Nov 7, 2021 9 tweets 6 min read
Did you hear the good news, anon?

🎉Yield Guild Games - $YGG has been added to the @IndexCoop's Metaverse Index $MVI

When you find out what @YieldGuild does...🤯

Here's a quick thread 🧵
1/⤵️ Did you hear the good news, anon?  🎉Yield Guild Games - $ What is $YGG?

@YieldGuild is a DAO that invests in #NFTs used in virtual worlds & blockchain-based games.

YGG's mission:
Create the biggest virtual world economy, optimizing its community-owned assets for maximum utility AND sharing its profits with its token holders.🕹️

2/⤵️ What is $YGG?  @YieldGuild is a DAO that invests in #NFTs us
Nov 3, 2021 11 tweets 3 min read
🚨 ATTENTION 🚨

“The Merge” (formerly known as ETH 2.0) WILL NOT MAKE GAS FEES LOWER. 😑

What WILL make gas fees lower:
- L2 Roll-ups (@arbitrum, @optimismPBC, etc)
- Sidechains (@0xPolygon, @avalancheavax, etc)
- Sharding (after “The Merge”)

How? Ok, here's a thread 🧵
1/ There are two types of scaling solutions:
- on-chain scaling
- off-chain scaling

You should have a good understanding of all the foundational topics.

Scaling solutions are less battle-tested, and continues to be researched and developed.
2/
Nov 1, 2021 22 tweets 18 min read
✨The Metaverse Index is 14 tokens in ONE ✨

In this thread 🧵👇

-Where to get 40%+ APY on $MVI? 🚀
-What is the "Metaverse"? 🌎
-What's in the Metaverse Index? 📈

Because which sector in crypto has the greatest L2 potential? Easy, the Metaverse.

LET'S DIG IN ⤵️🧵
x/ ImageImage 1a/ Where to get yield on $MVI?

@SushiSwap on @0xPolygon

Stake your $WETH / $MVI LP token to get about 35% yields.

Earning both $MATIC and $SUSHI rewards. Image
Oct 26, 2021 11 tweets 19 min read
Want to invest in multi-chain and L2 #DeFi projects?

DeFi Pulse Index - $DPI might be your answer.

13 of the 17 asset held in $DPI have deployed on multiple L1s, sidechains, and L2s.

Let's see who they are🧵This is some really interesting information!

1/⤵️ Want to invest in multi-chain and L2 #DeFi projects?  DeFi P First, where are $DPI protocols deployed?

@Ethereum - 17
@0xPolygon - 10
@Arbitrum - 7
@BinanceChain - 6
@AvalancheAVAX - 6
@FantomFDN - 5
@OptimismPBC - 2
@solana - 1
@CeloOrg - 1
@HECO_Chain - 1
@xDaiChain - 1
@PalmNFT - 1
@HarmonyProtocol- 1
@MoonriverNW- 1
@OKEx - 1

2/⤵️
Sep 6, 2021 20 tweets 8 min read
🦉The DeFi Pulse Index - $DPI 🦉

Seeing a lot of new users in the Discord asking questions about $DPI, so:

- What is the DeFi Pulse Index?
- What is #DeFi?
- How does it work?
- Who manages the index?
- Who controls the assets?

Let's take a look in this thread🧵👇🏽 1a/
What is DeFi? 🤔

Decentralized finance, or #DeFi, is an ecosystem of financial applications built primarily on the #Ethereum blockchain.

The industry has ballooned from $1bn in Q120 to $85bn in Q321.

probably nothing...
Jul 14, 2021 6 tweets 7 min read
1/

14 DeFi Tokens All Wrapped Into ONE

- The S&P 500 of DeFi 📈
- Strict/transparent token inclusion criteria 🤓
- Redeem underlying tokens any time 💰
- Market-cap weighted 🏋🏼‍♂️
- Auto-rebalancing ⚖️
- Socialize transaction costs ⛽️
- Diversified #DeFi 😎

$DPI Thread 🧵 👇🏼 2/

What is the DeFi Pulse Index token $DPI?

The DeFi Pulse Index is a capitalization-weighted index that tracks the performance of decentralized financial assets across the market.

Cool video by @earth_maze
Jul 13, 2021 24 tweets 6 min read
1 - Everyone’s a genius in a bull market. Real traders can survive and even thrive in bear markets or highly volatile markets.

2 - Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money. 3 - There’s a big difference between a trade and an investment.

4 - Fully plan your trade before you pull the trigger on the entry.

5 - Entries are important, but risk & money management is where you make or lose money.
Jun 9, 2021 11 tweets 2 min read
🇸🇻 El Salvador has approved #Bitcoin as legal currency.

El Salvador has:
Pop. - 6.5M
Unbanked Adults - 60%
Mobile Phone Connections - 1.45/person
Internet Users - 59%
Active Social Media Users - 59%

Is this a benchmark for #DeFi adoption? Who's next?

A short thread
1/ 🧵👇 2/ 🇨🇴 Colombia 🇨🇴

Colombia has:
Pop. - 16.5M
Unbanked Adults - 65%
Mobile Phone Connections - 1.19/person
Internet Users - 69%
Active Social Media Users - 69%
Jun 7, 2021 16 tweets 10 min read
The future is #DeFi, and the future is #DAO 🏗️

$DPI (DeFi Pulse Index) was created to be a passive investment vehicle for broad exposure to the DeFi Sector. 💰

Updated allocations for the index are below, as of 6/7/2021.

📰News you probably already know: A thread.

1/ 👇🧵 Image 2/ @Uniswap

Uniswap v3 has been deployed to @arbitrum mainnet!

Jun 7, 2021 21 tweets 16 min read
Most undervalued sector in crypto with the greatest L2 potential? The Metaverse.

✨The Metaverse Index is 15 tokens in ONE✨

$MVI is a basket of tokens capturing the trend of NFTs, entertainment, sports, & business shifting to a virtual environment.

What's in the $MVI?

1/🧵👇 2/ $ENJ - @enjin - 16.2% of the $MVI

#Enjin allows game developers to tokenize in-game items on the #Ethereum blockchain. It uses $ENJ, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.
May 31, 2021 8 tweets 7 min read
How to get more from your DeFi Pulse Index $DPI
A THREAD

#1/8 Broad Exposure to DeFi - $DPI is used to give users diversified exposure to the top #DeFi blue chips.
14 top DeFi protocols in ONE token.

Article credit:@Mringz @davidesilverman

Details👇
gov.indexcoop.com/t/what-you-can… #2/8

Liquidity Providing (LPing) - LPing for $DPI / $ETH on a DEX like @Uniswap, @loopringorg or @SushiSwap enables DPI holders to earn a portion of the trading fees.

$SUSHI - Onsen program = extra rewards in SUSHI

$UNI - Largest pool for DPI

$LRC - ZK roll-up = less gas fees Image
May 24, 2021 16 tweets 14 min read
#DeFi was battle-tested in last week's dip, that would have sent TradFi into turmoil.

DeFi Pulse Index $DPI gives broad market-cap weighted exposure to blue-chip protocols in the DeFi space.

14 DeFi tokens wrapped into ONE!

Current $DPI allocations 👇 1/16

Video: @earth_maze 2/16
$AAVE - #Aave - 21.09%
@AaveAave is a decentralized money market protocol where users lend and borrow crypto using crypto as collateral. Lenders earn interest by providing liquidity, borrowers borrow by collateralizing their crypto to take out loans from the liquidity pools. Image
May 11, 2021 7 tweets 5 min read
14 DeFi Tokens all wrapped into ONE
- The S&P 500 of DeFi
- Strict/transparent token inclusion criteria
- Redeem underlying tokens any time
- Market-cap weighted index
- Auto-rebalancing monthly
- Eliminate costly transactions
- Diversified #DeFi Portfolio

DeFi Pulse Index $DPI Each $DPI token contains (as of 5/11):

$UNI - 23.1%

$AAVE - 17.4%

$MKR - 14.4%

$COMP - 13.0%

$SNX - 8.0%

$YFI - 7.7%

$SUSHI - 6.8%

$REN - 2.5%

$BAL - 2.2%

$KNC- 2.1%

$LRC - 2.0%

$FARM - 0.3%

$CREAM - 0.3%

$MTA - 0.2%