When YTs gets a point boost its time to pay attention 👀

Especially when the old pool expired today and only 30% of the current Pendle TVL is earning points

When @almanak TVL grew exponentially from $15M -> $165M in the last few months they decided to shift even more of the points over to YT holders and increased the point earnings from 1.5x to 5x for YT holders

What we know about YTs and Points:
• Daily points stay static at 333,333 points per day (less dilution with static points)
• 5x Almanak Points multiplier boost Pendle YTs
• 1 Almanak point = ~1 Token
• 95.8% of Almanak points go to Pendle YT holders
• Almanak public sale on Legion was at $90M FDV

A community member made a Almanak YT-alUSD moonshot calculator which allows you to play around with the numbers

If you were to enter the YT-alUSD (Dec) pool today at 14.5% Implied APY with $1k here's the expected returns

1x at $27M FDV (Breakeven)
4x at $200MFDV
11x at $500M FDV The alUSD market for October expired today Oct 23rd
But the new December 11 market is already live but with a lot less TVL. $80M is still left in the old pool to migrate

One of the things many people don't know about Pendle is that during migrations to new pools many users will automatically sell YTs to enter the pool with only SY+PT position (unless they select "keep YTs" mode)

This means that we might get exceptional entries by using limit orders

Choose your entry wisely

Everyone knows that LPing Concentrated Liquidity has some of the highest yields in DeFi

But most people are too afraid of Impermanent Loss

Here's how to hedge Impermanent Loss in a CL LP using @GammaSwapLabs to create a delta neutral USDC position yielding 28% APR Fair warning that you will only enjoy this thread if you're a massive (and i mean MASSIVE) defi nerd

Here's the GammaSwap diagram for how to hedge IL to become ETH delta maximal

The marketcap of Bitcoin is $1,3T but only 2% of this is currently being used in DeFi

With over 26k $BTC staked ( $1,8B TVL) @SolvProtocol currently has some of the best yield/point opportunities at the moment for $BTC

Let me show you how to get 20% APR+ on your Bitcoin
(plus massive @babylonlabs_io points) 👇 1/15
✅ What's Solv Protocol?

@SolvProtocol is a liquid staking protocol for Bitcoin, using SolvBTC as a universal Bitcoin Reserve token that unifies fragmented Bitcoin liquidity across different blockchains.

It provides a 1:1 backed Bitcoin reserve with transparent proof of reserves, giving Bitcoin holders access to DeFi ecosystems and yield opportunities across chains.

There's a new flywheel in town

KEROSENE is the token behind @0xDYAD overcollateralized stablecoin $DYAD

Up only tokenomics as TVL grows?

👇🧵 1/21
@0xDYAD is trying to create the most capital efficient over-collateralized stablecoin in defi

$DYAD is the dollar-pegged stablecoin of @0xDYAD

Currently the TVL of collateral is $26.5M
And circulating supply DYAD is $14.5M

It was the first memecoin that ever launched on Fantom

Now it's a deflationary multichain farming beast, backed by a $26M DAO treasury

How does 530% APR sound?

$fBomb at $9M FDV is one of the most blatant mispricings in crypto

👇🧵 1/14
$fBOMB @fBombOpera is a deflationary multi-chain farming token backed by the MCLB Treasury @MillenniumClub3 that empowers governance, enabling the creation of multiple DeFi flywheels

The treasury is currently $26M

You spend multiple hours every week farming airdrops..

Hour after hour, transaction after transaction, farming those imaginary points

Blood, sweat and gas fees

What if there was a non-custodial way to AUTOMATE ANY AIRDROP STRATEGY?

🧵👇 1/10
@zkAutomate is a No-code Automation Engine to automate all of your on-chain actions

Create your automatic strategies, and store them as a zero knowledge powered NFT. Share that NFT with your other wallets to start the automated strategy.

What does the DePIN, LSD, Restaking, RWA, AI and Oracle narratives have in common?

@Entanglefi $NGL is the middleware connecting all of these narratives in a innovative L1 blockchain

Here's what you need to know about the one of the most promising launches of the year

👇🧵 /1
✅ What's Entangle?

@Entanglefi is a Customizable & Interoperable Data Infrastructure Built for Institutions and Web3

A middleware L1 blockchain connecting 13 Blockchains and 60+ protocols through a network of oracles and cross-chain communication

If we want GameFi to gain mass adoption we need to bring in real AAA rated games

@FarcanaOfficial $FAR is one of the most anticipated games of 2024 and sets out to take the crown as the #1 web3 game

UE5 ✔️
Account Abstraction ✔️
BTC prizes ✔️
Airdrop ✔️

🧵👇 1/
Farcana is a multiplayer third-person hero shooter powered by a Web3 economy, built on Unreal Engine 5.

Two teams of 4 players battle in a team-based ability shooter.

⛓️ STATE OF THE CHAINS ⛓️

We're in for a wild ride if the marketcap of L2 defi reach the same kind of valuations of they did on L1 last bullrun

A megathread on the state of Arbitrum, my top protocols, favourite underdogs and my top 5 unlaunched alpha protocols

👇🧵 1/38
In this series of threads i'll look at the state of different blockchains

1️⃣ What is Arbitrum
2️⃣ Arbitrum in numbers
3️⃣ Arbitrum development
4️⃣ Top 5 protocols
5️⃣ Top 5 underdogs

6️⃣ Top 5 unlaunched alpha protocols

There's over $26 billion in LPs in the largest liquidity hubs across chains

@Curvance unlocks the power of your liquidity in all the largest liquidity protocols through an Omnichain Yield Optimized Lending Protocol.

Serious blue-chip defi protocol potential 🫡

🧵👇 1/29
In this thread I'll go through

1️⃣ What is Curvance?
2️⃣ Tokenomics
3️⃣ Omnichain Gauges
4️⃣ Security
5️⃣ Concluding thoughts

Can cross-chain Money Markets make liquidity unified instead of siloed?

@synonymfinance is addressing traditional money market issues by providing the best possible cross-chain lending and borrowing experience to users using @wormholecrypto and @circle CCTP

🧵👇 1/29
In this thread I'll go through

1️⃣ What's Synonym Finance
2️⃣ Architecture - Hub and Spokes Model
3️⃣ New Order DAO Merger
4️⃣ Tokenomics and Fees
5️⃣ Testnet

BASE is the hottest L2 right now..

@aerodromefi is about to launch with $AERO emissions starting on Thursday

...and they are bringing 20 friends 👀

Not sure what to do?

🧵👇 1/30
In this thread I'll go through

1️⃣ What's Aerodrome?
2️⃣ Tokenomics and Launch
3️⃣ Partners
4️⃣ Strategies
5️⃣ Concluding thoughts

The final form of Derivative DEXes will be built on appchains

@lyrafinance $LYRA just announced v2 on Lyra Chain, a L2 rollup built on the OP stack to become a part of the OP Superchain

Mega 🧵👇 1/42
In this thread I'll go through

1️⃣ Lyra Protocol v1
2️⃣ Lyra Protocol v2
3️⃣ Lyra Chain
4️⃣ OP Stack and Superchain
5️⃣ Appchains

Looking for that next 100x gem?

Here's my favorite accounts that drops bombs every week

🧵👇 1/12
@francescoweb3

Always does banger threads and put me onto UNIBOT early

Super underrated account

https://twitter.com/francescoweb3/status/1667161142932963328

Mantle Mainnet was just announced to go live and a vibrant ecosystem has already evolved on Testnet

Let's dig into what we can expect when the newest modular L2 is live

🧵👇 1/21
1️⃣ Mantle Network TLDR
2️⃣ Mantle Mainnet
3️⃣ Mantle Ecosystem (Testnet)
4️⃣ Token migration from $BIT to $MNT
5️⃣ Citizens of Mantle NFT

If you've heard of Automatic Market Makers, you've felt the pain of IL

What if you could market make like the pros without IL?

@SwaapFinance allows you to LP profitable on-chain with minimal IL
🧵👇 1/30
In this thread I'll go through:

1️⃣ The Market Making Problem
2️⃣ What is Swaap
3️⃣ 5 layers of yield
4️⃣ Security and risks
5️⃣ Concluding thoughts

After getting an $8k $MAV airdrop i saw people wondering what you had to do

Being an early farmer for tokenless protocols is one of the most lucurative opportunities in crypto

Here's my strategy to farming retroactive airdrops and my receipt to finding them yourself

🧵👇 1/27
I usually hate airdrop threads so this will probably be my only one

The guides you find from the airdrop accounts for "free" airdrops are always super diluted by thousands of farmers, sybils and bots, often giving you small rewards of ~$100

.@Dolomite_io is creating a next-generation money market

In traditional money markets users doesn't have any control over their collateral assets

Let me show you what maximum composability looks like

🧵👇 1/30
✅️ What is Dolomite?

Dolomite is a next gen margin trading- and money market protocol on Arbitrum

Dolomite combines the strengths of a DEX and a money market protocol into a highly capital efficient and composable defi protocol

The amount of data to analyze in crypto is mindblowing...

I barely have time, and i'm sure you don't either.

Why not have AI collect and analyze data and give you bullish or bearish indicators for tokens?

Let's dig into the @KyberNetwork KyberAI Beta

🧵👇 1/19
KyberAI is a suite of data tools that uses AI and Machine Learning to provide trading insights

It can help you discover hidden trends and make data driven decisions

Markets are dipping and CT is ded

It's time for me to slowly start accumulating or farm quality projects

I'm looking for high conviction plays with upcoming catalysts where I can park large positions

My top 20 watchlist
🧵👇 1/
$VELO

@VelodromeFi the first successful ve(3,3) dex and only one to dominate a chains TVL. Main liquidity hub on Optimism.

About to enable fee switch with V2, and implement Concentrated Liquidity. Fees ⬆️

Airdropping $AERO @aerodromefi to veVELO lockers on @BuildOnBase

While you were losing your net worth on memes a new class of defi primitives was born

Yield bearing tokens that can only go up compared to ETH, backed by infinite liquidity floor prices

Is it a ponzi or a novel way of establishing floor prices?

$JAY
$LOTUS

🧵👇 1/28
You might have seen blue birbs or white lotuses on your timeline in between all the meme coins.

They are both based on the same principle.

They are backed by ETH locked in a smart contract and the price vs ETH can only go up

However they are using different mechanisms..