Excited to see @ConcentricFi launch soon on Arbitrum.

Concentric will be an automated liquidity manager for concentrated liquidity DEXs, focusing on Camelot V3 to start. And the project actually received backing from @CamelotDEX’s founders, a great stamp of approval.

🧵 In practice, users will deposit assets (such as ETH-USDC) into Concentric, and the protocol will automatically do the work of LPing funds into concentrated liquidity ranges, and rebalancing when necessary to maximize trading fees and minimise IL.

-current LSD protocols TVL: $11.8bn
-current $YFI yearn TVL: $440m

If yearn gets even 5% of this TVL with its upcoming LSD aggregator, it will be more than doubling its current TVL and revenues...

https://twitter.com/iearnfinance/status/1628104719003418632

And I can see it getting much much more than 5%.

This will probably be the easiest and safest way to get yield on your ETH.

Deposit ETH -> let yearn do the work -> get ETH staking yield + max boosted CRV yield on your deposits.

3 main reasons why I think @PlutusDAO_io $PLS may see a major repricing soon:

✅ $PLS tokenomics v2 will massively slow down inflation
✅ @orbitaldex integration + potential airdrop
✅ $RDPX v2 could bring massive fee income to veDPX and Plutus is the largest veDPX holder

🧵👇 ✅ $PLS tokenomics v2

$PLS price has been held down by massive emissions in the past, but this will change soon with tokenomics v2. In v2, most farming rewards will be paid in esPLS, which will vest over 12m, and $PLS locking will be needed to boost farming yield and earn bribes

I think $NEWO @neworderDAO is one of the most asymmetric bets we can find in the market for those willing to think long term.

With the recent run up of $Y2K’s price, just NEWO’s 10% share of the $Y2K supply is now worth almost half of $NEWO ’s FDV. 👇🧵 And $Y2K is only one of dozens of projects that NewOrder plans to incubate over time. NewOrder is a venture DAO that incubates new projects offering technical, marketing, networking, fundraising support, etc in exchange for a share of the supply (usually 5 to 15% of supply)

Sometimes the best alpha is hidden in plain sight. This announcement was posted in the Tokemak Discord earlier today and $TOKE price took almost 3 hours to start reacting... Team and investor unlocks that were supposed to start this month will be delayed by at least 6 months. And after spending the whole bear building Tokemak v2 in silence, it looks like the team is ready to start sharing details about it soon.

Why I think @JPEGd_69 is the best and safest of all the #NFT lending protocols out there and why $JPEG is a minimum 10x in the next bull:🧵 ✅ Up to 60% LTV:
Base LTV (what % of your NFT value you can borrow) is 35%, and you can increase it by 15% by staking $JPEG and by 10% more by owning a JPEGd NFT with the cig trait (1 NFT for unlimited loans with extra LTV)

Most people are failing to realise that the main use of $JPEG @JPEGd_69's treasury will be to perform liquidations, and these liquidations will drive a lot of revenue to the protocol. So it is a great thing that they have raised a massive $72M in the token sale. Imagine someone borrows $50k against a floor punk with a 33% collateral factor. If floor goes below $150k this punk gets liquidated: the protocol uses the treasury to pay back the $50k, and now owns a punk worth $150k, which it can either sell for a 3x, or keep in the treasury.

1/I just realised something that made me even more bullish on $TOKE, as if that was even possible. @TokenReactor will not only be useful to projects seeking liquidity for their own token,but also for stable coin projects looking to establish themselves as base pairs across DeFi🤯 2/ As @0xngmi explains in this thread, to succeed, a new stable coin needs to give people a reason to hold it beyond their own farming incentives.
$MIM and $FRAX being used as the base assets and trading pairs for $TIME and $TEMPLE are great examples.

https://twitter.com/0xngmi/status/1458979985830531073?s=20

1/ @dopex_io just released its first Single Staking Option Vault, or SSOV. And since SSOV is a term we’ll all be hearing a lot more often from now on, I thought I might do an explainer on what it is and why this release is super bullish for Dopex and its native token $DPX. 2/ For those that are unfamiliar, Dopex is a decentralised options exchange that aims to be a decentralised Deribit. It has an innovative dual token architecture, with $DPX as the main governance token and $rDPX as a rebate token for option writers.

1/ A thread on @TokenReactor $TOKE (tokemak.xyz). This is one of those rare projects that bring something truly revolutionary to the table, and that may eventually become something as integral to the DeFi landscape as AMM DEXes and Lending protocols. 2/ There are many great threads and articles already written on Tokemak, but I’ll try to focus on the bull thesis for $TOKE and on the economic incentives of the protocol, which is what blew my mind and got me interested in the first place.

1/ A thread on @ParallelNFT for those of you that want to get some cards but don’t know where to start.

Parallel will be a collectable card game using NFTs (think Magic The Gathering with NFTs) and imo it has the potential to play a big role in bringing mass adoption to NFTs. 2/ The quality of the cards’ artwork is outstanding (the design teams previous experience includes Blizzard, Epic Games, Electronic Arts, Ubisoft, DreamWorks Animation and many other major studios) and the NFTs would probably be selling out for their aesthetics alone.

1/ $SPELL @MIM_Spell (abracadabra.money)
> A new DeFi primitive allowing users to borrow against interest bearing tokens (such as yearn yvTokens)
> Staked $SPELL will earn 75% of interests on all loans
> Multi-chain integrations with Fantom, Polygon and BSC in the works 2/
>High calibre dev team including @0xM3rlin and @danielesesta (lead dev from @PopsicleFinance)
>Over $43M borrowing TVL and $91M in $MIM liquidity less than 3 days after launch, and with capped TVL
>TVL should boom as caps are increased and new collateral types are added

1/ As promised, here is a quick breakdown of what I've been doing in terms of low risk farming with stables on @0xPolygon. Feel free to comment with other farming alpha you may have. 2/ The best option imo is farming on @AaveAave and @CurveFinance on @0xPolygon. Polygon is giving $MATIC rewards to incentivise liquidity to migrate to their chain, so when using Aave & Curve, you get the usual interest & trading fees, but also rewards paid in $MATIC.

1/ Avalaunch $XAVA (@AvalaunchApp)
⁃The 1st launchpad on Avalanche
⁃Listing this Friday May 14th, 12am UTC on @pangolindex
⁃@avalabsofficial team members are advisors
⁃Team includes multiple @orion_protocol contributors
⁃Launching at a $182k circ market cap and $3.5M FDV 2/ I am very bullish on Avalaunch, since they will not only be the 1st launchpad project on Avalanche $AVAX, but they are actually bringing innovation to the space, focusing on fair and community centric fund-raising solutions, and helping push the Avalanche ecosystem forward.

1/ @THORChain $RUNE
-Thorchain aims to be the cross chain back-end for the entire crypto space
-Multi-Chain Chaosnet went live on Apr 13th and uncapped Mainnet coming soon
-Major wallets and exchanges already integrating Thorchain for cross-chain swaps
-ThorFi is coming... 2/ Here is a multi billion mcap protocol that many people (including myself until recently) have been sleeping on. But once you understand what Thorchain is doing and where it’s heading, it’s hard not to feel bullish. This is a top 10 project in the making.

So what is Thorchain?

The $STEP @StepFinance_ token just launched today and is now trading on test.step.finance.

An incentivised STEP/USDC pool on Raydium will go live in a few hours.

@AlamedaResearch and @RaydiumProtocol are early investors, so very bullish on this one... To know more about @StepFinance_, check out my previous thread at:

https://twitter.com/Rafi_0x/status/1380163583024234498?s=20

1/ $FINE @refinableapp (refinable.com)
-The premier NFT Marketplace on BSC
-Innovative NFT creation and discoverability features
-@binance and @MrBeast (60M youtube subscribers) as early investors👀
-Launching tomorrow (April 23rd) with an initial circ mcap of $900k 2/ Refinable is well positioned to establish itself as the reference NFT platform for BSC, and it will be much more that just an “OpenSea for BSC”, as it’s bringing innovation on all sides including Minting, Discovery, DeFi <> NFTs, and incentives around it’s $FINE token

1/ $PUSH, EPNS @epnsproject

The 1st decentralised notifications protocol on Ethereum

>Partnerships with @Uniswap, @AlphaFinanceLab, @AaveAave, @gnosisPM...

>Backed by @BinanceLabs (you know what this usually means…),@AaveAave, @0xPolygon, former Coinbase CTO... 2/ This whole thread could be filled with just the incredible list of backers and partnerships EPNS has in place, but let’s start with the product.

I suspect this is a product that will get so much adoption that a year from now it will be hard to believe it didn’t always exist.

1/ $DOUGH @PieDAO_DeFi (piedao.org)
PieDAO offers fully decentralised market weighted token indexes (the equivalent to crypto ETFs), some serious innovation such as PieVaults and Ovens, a major partnership with NFTX, and is still only at $14M mcap... 2/With PieDAO, you can for example invest in a weighted portfolio of DeFi bluechips ( $AAVE, $MKR, $SNX, $YFI ..) through the $DEFI+L token, in a basket of smaller/high growth DeFi names ( $BAL, $REN, $UMA, $LRC ) through the $DEFI+S token, or on a 70/30 mix of both with $DEFI++

1/ Looking forward to the @polkadomain $NAME public sale taking place tomorrow. PolkaDomain is a Decentralised domain name service (DNS) powered by Polkadot, through which users can convert their hexadecimal blockchain wallet addresses into unique readable .pd addresses. 2/ Where @polkadomain stands out compared to existing DNS solutions such as ENS, is that it leverages Polkadot’s cross-chain architecture to allow for .pd addresses to be used across multiple blockchains and easily support cross chain transactions.

1/ $SOME @MixsomeCash (mixsome.cash) is a promising project that will be coming out soon.

Mixsome will be a user friendly, low-fee solution to go from fiat onramp to deploying complex DeFi strategies in a few clicks, making DeFi more accessible to the general public. 2/ Mixsome will allow the execution of investment strategies (“DeFi flows”) by wrapping up multiple transactions into a joint transaction executed by a single smart contract. And where it gets very interesting is that Mixsome will use xDai to execute part of these transactions