A kid's cartoon from 2005 taught me how to navigate unlimited information and AI.

The secret? Focus & Ability.

Let me explain 🧵👇

[0/6] 1⃣ Unlimited Information

The amount of data available via Twitter, ChatGPT, and Google is INSANE.

Why go to university when you can learn practically any skill online?

I enjoyed this thread by @rektdiomedes:

https://twitter.com/rektdiomedes/status/1658006970060660737?s=20

That does it for this Simplified Thead!

If you found this helpful, please help support me by:

Liking & Retweeting the first tweet linked here 👇

https://twitter.com/SimplifyDeFi/status/1637588791010504705?s=20

⚠️DISCLAIMERS ⚠️

This Simplified Thread:

➡️Was NOT paid NOR sponsored.
➡️Is meant to simplify/educate.
➡️Is NOT Financial Advice.
➡️Note: Everything has potential risks. Please make sure to do your own research.

EVM L1/L2s WILL NEVER be able to handle the demands of Traditional Finance.

It's like upgrading a 1990 Ford Taurus to compete in a Formula 1 race.

This is how #Radix sees it. Their solution?

Create a L1 that's RADICALLY different and solves the Blockchain Trilemma.

Mega🧵👇 1.) Problems with current EVM L1/L2s:

❌NOT user-friendly.

❌Developers waste too much time rewriting/testing the same logic. Mistakes = Exploits.

❌Improvements in L1/L2s will sacrifice scalability, security, or decentralization.

❌Smart Contract architecture isn't good.

While everyone was looking at L2s, Fantom ( $FTM ) found a way to push the limits of a L1.

They are preparing to release the #FVM by the end of this year.

Let's simplify:

☑️ What is the #FVM?
☑️ What are the upgrades?
☑️ When?

🧵👇 1.) What's the problem with EVMs?

The EVM has a lot of limitations.

One workaround is to build another blockchain layer on top of it called "Layer 2".

Fantom, a Layer 1, took a different approach.

Let's simplify @ThenaFi_, a popular "Solidly Fork".

After skimming this thread, you'll understand:

✅ $THE, $veTHE, & Financial NFTS

✅ Rebasing

✅ Fees/Emissions

🧵👇 1.) What problems are they solving?

- Make the liquidity sitting on DEXes more efficient.

- Generate sustainable swap fees for Liquidity Providers.

- Provide crypto projects a cheap way to have deep liquidity.

Beating yourself down because you missed the pump?

Wondering if it's too late to get in?

I'm in the same boat, but there is a more valuable lesson here.

Self-Discipline.

[1/8]🧵👇 A few years ago I was reckless, even YOLOing my emergency fund because I'd "make that money back"...

[2/8]

Here are the 16 detailed steps that I took to grow my Crypto Twitter & YouTube account 👇 1.) I identified my skills:

- Teaching
- Being able to listen
- Ability to simplify.

[SKILLS]

Here's how one of my favorite videogames silently taught me about crypto & economics 🎮.

🧵👇 1.) I'm EXTREMELY competitive and love ranking up against other people.

My game of choice? Starcraft 2 made by Blizzard in 2010.

It's chess, but ON STEROIDS. Players do not take "turns". Both opponents are playing all the time.

[Protoss ❤️]

Didn't watch the interview @michaelfkong did with Professor Bernhard Scholz?

Don't worry, I took notes so you're caught up 😎

[Here's the link to the original interview - ] 1.) WHO IS PROFRESSOR BERNHARD SCHOLZ?

First, he a PHD Professor at the University of Sydney.

His primary focus is on programming languages.

He has developed critical tools that are utilized by major companies, such as Oracle (a MAJOR Database Software Company).

It may be an incredible buying opportunity for assets.

!!! HOWEVER !!!

There is a major difference between INVESTING and INCOME.

I'm salivating at these prices 🤑, but that's INVESTING.

🚨 My focus is on INCOME right now!🚨

Here's why: 1.) FIRST, MY DEFINITIONS:

Income = Money you have coming in.

Expenses = Things you have to pay for (Food, Rent, etc)

Disposable Income = Money to spend on whatever you want (Fun/Investments/Etc.)

Assets/Investments = Store of wealth. (Hopefully it grows over time.)

Inspired by @0xBebis_ on Ep32 of Fantom Unchained:

▶️ Influencers & Educators play a CRITICAL role for the community.

▶️ Some rely on financial incentives, which causes quality to suffer.

▶️ What if a DAO was created to ensure high quality, ethics, etc? 🤔

LET'S DISCUSS 👇 In case you missed it, here is where @0xBebis_ went next level on Episode 32 on Fantom Unchained 🔥🔥🔥

[LA Clipper Tank Tops will change you 😆]

Potential Growing Trend: Crypto RESEARCHERS on Social Media🧑‍🔬

I will explain why:

- This is extremely beneficial for Crypto & its communities.

- They are desperately needed.

- This is a big deal moving forward.

Let's begin 🧵👇:

[0/x]

https://twitter.com/Prof_Crypto_B/status/1512136382537474052

[1/x]

First, let's define the current situation:

- Crypto Projects are innovating. Yet, there is a lot of competition.

- Being innovative introduces complexity. This is an obstacle for attracting new users.

- To attract new users & compete, projects turn to Marketing.

My simplified understanding:

- Most stablecoins just sit in LP Pools, unused. NOW they'll get extra yield while chilling.

- If you want to swap $FTM for $USDC or $DAI, pretty much gotta have two different pools: $FTM/$USDC and $FTM/$DAI. Not efficient. Instead, they want to..👇

https://twitter.com/beethoven_x/status/1511835557483233288

(cont'd 1/3)

-They want to do $FTM + [Stables: $DAI, $USDC]. Bonus: Those stablecoins get interest.

- Higher Rewards --> Deeper liquidity --> People get better rates for their swaps --> More people will use this DEX --> More fees collected --> Better rewards --> Repeat cycle

🧑‍🌾 Quick Farming Strategy on $0xDAO [@0xDAO_fi]

Grab my $LQDR, $TOMB, stablecoins, $fBEETS, and whatever I'm holding onto.

Compare the returns to what Emoji DAO [@0xDAO_fi] is offering.

Leave it for a day.

Collect all $0xDAO [Emoji Tokens].

[Cont'd 🧵👇] Sell half $0xDAO [Emoji Tokens] for $USDC.

Create the LP Token [Emoji/$USDC] and earn 19,000% APR in Emoji Tokens.

Wait until the next day.

Repeat. [Collect all Emoji Tokens, sell half, create LP Tokens, re-deposit]