🧵on @romedaofinance for @scribeDAO

TL:DR; RomeDAO is expanding the Olympus ecosystem onto the Kusama and Polkadot chains with a fresh perspective on how to carry out the Ohmie mission

NOT FINANCIAL ADVICE 🅰️Why Kusama/Polkadot?

Moonriver is EVM-compatible with significant liquidity that Romans can leverage to be seen as the premier stable asset within the ecosystem

Their unique value props are out of scope for this thread, but lead to them being primed for exponential growth

🧵on @01_protocol for @scribeDAO

TL:DR; 01 is bringing a unique financial primitives to the Solana ecosystem: Everlasting Options. 01 is tackling unmet demand in DeFi in the form of more sophisticated options, and if they can execute/adapt they could be an ecosystem mainstay 🅰️What are Everlasting Options?

Everlasting Options are essentially just perpetual futures, but for options

They work in pretty much the same way, people who have bought the option have to pay some funding rate to people who sold the option to keep their continuous position

🧵on @templedao Governance/Roadmap update for @scribeDAO

TL:DR; TempleDAO is reorganizing its governance/discord structure to effectively leverage the high quality community members and their talents in product development 1⃣ Why now?

Chasing the exclusivity of Temple, community members have rushed to join the discord in efforts of contributing to get access to the Fire Ritual

This has led to curating high quality community members with a diverse range of Talents that the DAO can leverage

🧵on @TokenReactor 's IL mitigation for @scribeDAO

TL:DR; TOKE ensures that LPs can withdraw the same quantity of assets they've deposited without IL by rebalancing assets in such a way that net loss can only occur on a system level in any market condition IL mitigation mechanics have been a hot topic for the mechs @TokenReactor, and to answer those questions Carson and co have released an initial version of a gitbook

Let's dive into the IL mechanics

Read the full thing here: docs.tokemak.xyz

🧵on my @StripsFinance thesis for @scribeDAO

TL:DR; Strips is a derivatives DEX that's bringing a classic TradFi derivative to crypto: Interest Rate Swaps (IRS), and if executed properly Strip could see growth on the level of dYdX or other derivatives EXs

Not Financial Advice 1⃣ Product

IRS are forward contracts where you swap future interest payments based on some notional amount

There are 3 main types

1. Fixed to Floating: fixed to variable

2. Floating to Fixed: variable to fixed

3. Floating to Floating: variable to variable

There's been some great discussion going on in the @templedao discord regarding the unstake queue and whether it's really an appropriate mechanism for controlling liqudity

Just wanted to give my 2 cents on it I can see why forcefully having shallow liquidity on markets and an unstake queue to prevent capital flight is shady

I think a lot of crypto-natives from 2008 till now have experienced rug pulls and the crushing feeling of getting dumped on by a protocol

I've working on a new method of DAO governance participation in an effort to make it more equitable for all as well as incentivize all community members to participate and make informed decisions

It's called a G100 (Governance NFT of 100 shares)

goolag.notion.site/New-method-of-… There are three key problems I'm trying to solve:

1. Lack of participation by the broad community

2. Price being a central, sometimes only, concern for governance proposals

3. Over-exposure to the whims of whales and their conflicts of interest

🧵The existential threat facing crypto @scribeDAO

TL:DR; The US Gov has the capability to cripple innovation and usage of crypto across the country, and unless our collective can band together and overwhelm politicians into believing we're the future then dark times are ahead This essay explores the capabilities of the US Gov to stifle a budding industry, and how the broader crypto community can tackle that threat

Read the full thing by @DefiantNews @c_spelliscy @holmesworcester here: thedefiant.io/crypto-endange…

My thesis on @templedao in a quick thread

I know a lot of Templars have a variety of viewpoints on how Temple is going to be revolutionary, but wanted to give my own two cents 1⃣ General Narrative

In the early days, of which unfortunately I did not partake, making trades on ETH was relatively inexpensive. $300 ETH meant maybe you were paying at most $30 for at trade, but now that ETH is at $3000 you're paying $300

Well that's a problem

🧵on sovereign symbiosis for @scribeDAO

TL:DR; Nation-states are built upon the manipulation of individuals by nationalism into sacrifice for nothing in return, however, the advent of DAOs represent a new social model of belonging built on symbiosis rather than predation This is a thought provoking piece considering the archaic nation-state and how its deterioration is a result of social models evolving bringing people together for a common cause rather than a shared sense of identity (nation, ethnicity, etc.)

🧵on the lay of the modular blockchain land for @scribeDAO

TL:DR; Blockchains have now become composable removing the need for a singular chain to tackle the Blockchain trilemma, rather a variety of chains can specialize and work together as modules to provide the best solution This article discusses the three main components of blockchains, and how now a variety of chains can specialize and come together to more efficiently tackle the trilemma

Read the full thing here by @epolynya : polynya.medium.com/the-lay-of-the…

🧵On @templedao for my fellow Templars as well as friends @scribeDAO

TL:DR; TempleDAO is creating the middle ground between insanely speculative tokens and stablecoins by providing a safe haven that reduces volatility, but still provides significant yield on your assets As always this is NOT FINANCIAL ADVICE, but rather my OWN OPINIONS on TempleDAO and the brilliance of what they're trying to achieve.

I recommend all to DYOR by following their twitter @templedao, joining their discord, and reading their medium posts etc.

🧵On composability and its value in DeFi for @scribeDAO

TL:DR; Composability allows for the integration of multiple protocols into increasingly innovative and complex products I noticed a lot of people throw the word composability around a lot, and non-crypto natives probably don't know what that means and why its important especially considering the rise of L2s

I'll try my best to explain the issue in the next few tweets

🧵On the importance of community and the pitfalls of progressive decentralization for @scribeDAO

TL:DR; Protocols should focus on building a fiercely loyal community first and let product-market fit come later organically through co-design with stakeholders Read the full piece here: gardens.substack.com/p/daos-and-the…

Unfortunately I cannot find the original author on twitter, but if anyone knows him/her/they please tag below!

Quick 🧵on why @TokenReactor is a gigabrain protocol

TL:DR; TokeMak solves for misaligned incentives within LM through providing sustainable liquidity to DeFi by means of an aggregation of LP rewards and the deployment of those rewards by the protocols LDs As always; this is NOT FINANCIAL ADVICE. This only reflects my own synthesis and understanding of previous work by @Archer_MD_ , @LiquidityWizard , and the team at @TokenReactor.

If I misrepresent anything please feel free to correct me

Success tokens, a Series B investment for VCs to invest in DAOs. For @scribeDAO

TL:DR; Success tokens are a means for VCs to receive strong upside exposure to the protocol without receiving tokens at a discount which might disappoint the community Read the full thing here: medium.com/uma-project/su…

by @hal2001

"How to value DeFi tokens" by @BanklessHQ a summary for @scribeDAO

TL:DR; You can apply the standard methodology of forecasting asset performance and assuming the asset will trade on a multiple of revenue or EBITDA

Read the full thing here: newsletter.banklesshq.com/p/how-to-value…

1/n How do you value DeFi protocols? How can I tell if I'm making a good investment? (NOT FINANCIAL ADVICE)

Well, you can value DeFi the way you'd typically value a growth-stage startup. Just use growth projections of a tokens value flow to develop a valuation framework.

2/n