One of the most important proposals in all of Web 3 is live!

This $ARB proposal could put @arbitrum back into a frenzy with over $60M of incentives before January.

L2 wars are heating up with the explosive growth of @BuildOnBase, now $ARB strikes back.

Let's dive in! 🧵 First let me set the stage...

The ability for @arbitrum to hold marketshare as $ETHs largest L2 is at stake. That's a massive title to fumble when considering ETHs future outlook.

$ARB maxis haven't seen Base as a threat because its new.

The numbers tell a different story.

$PENDLE is one of the few DeFi projects lately that brought real innovation.

Game-changing projects like @pendle_fi always lead to aggregators blackholing their token supply.

The Pendle Wars officially kicked off with @Equilibriafi launching today.

Time to pay attention! 🧵 $PENDLE has been an absolute beast.

If you like "up only" charts then you'll love @pendle_fi TVL over time.

$PENDLE is a simple concept with a massive market.

They separate future yield from assets allowing you to buy at a discount.

https://twitter.com/tn_pendle/status/1663528604062588929?s=20

1st Alpha Drop... quick check-in on @GhastProtocol.

I love the spot:
- No Emissions until Launch
- Presale Fully Vested
- UNI LPs Crushing
- GND Farm Printing
- Deflationary on Product Launch

🧵Quick Dive In! Currently, 63k $GHA tokens circof 150k total supply.

Partners + Contributors & Treasury - 31% of supply that is mostly in $esGHA that would vest over 200 days.

Thats nearly 1/3rd of the total supply that isn't being touched or would need to vest before hitting the market.

While doing research for a @SCSLabsResearch video, it came to my attention most protocols are mispricing the risk surrounding @circle and the $USDC peg.

Projects and investors both should do some basic risk management exercises regarding $USDC exposure.

Let's discuss 🧵 To start, I have zero positions to profit off of a $USDC depeg and still have $USDC exposure. Similar to @CryptoHayes and @balajis native $BTC is my favorite hedge for USD/USDC risk.

$LUSD, $ETH, $OHM, etc. also help diversify but come with their own set of pros and cons! DYOR

One of the @arbitrum projects I'm long-term bullish on is @vela_exchange!

Users that missed $GMX have heavy coping going on. $VELA / $VLP are a 2nd chance.

The perp exchange differentiates w/ synthetics, forex trading, and other differentiators.

Alpha + Airdrop 🧵 Free money is the best money! 💰

Airdrop confirmed for Public Beta testers:
1. Visit the Link Below
2. Deposit USDC
3. Start Trading

SCS Labs Referral Link - app.vela.exchange/?refer=2BU0KT6E

Ref ID - 2BU0KT6E

All referrals help the @SCSLabsResearch team in bringing you more content!

I'm extremely excited to announce the launch of our first SCS Labs brand, @SCSLabsResearch!

It will be the first of 3 SCS Labs businesses including a DeFi Research Hub, Project Consulting, and Venture Capital.

Time to finally share the details of what we are building! 🧵 It's almost exactly one year since I went full-time DeFi.

When planning for 2023, I realized how lucky I am to do trade, build a community, and share knowledge full-time. I decided I needed to invest more time into growing the space.

(Top Signal) -

https://twitter.com/SmallCapScience/status/1488927893984055304?s=20&t=SGw11tzLqFe8jYf_yS-j0A

I've been farming to accumulate a small $SPA bag.

The @SperaxUSD partner list is next level with @GMX_IO, @GainsNetwork_io, @CamelotDEX, @rage_trade, @JonesDAO_io, and the soon-to-launch @vela_exchange.

It's lagged behind the market and has multiple ongoing narratives.

Mini 🧵 What originally caught my eye was the @SperaxUSD 2022 Recap and 2023 Roadmap document they put out a few ago.

This slid under the radar and is packed with alpha, highly recommend a read. I'll cover a few quick details...

medium.com/sperax/speraxu…

The genesis pools & $GRAIL public sale are ongoing @CamelotDEX on @arbitrum.

Stacked partnerships, game-changing $GRAIL tokenomics, and creative plans for NFT-based liquidity are a few reasons this could win the @arbitrum DEX wars.

This one is worth the deep dive... 🧵 ↓ The way DeFi is heading, @Uniswap and @SushiSwap will own most of the cross-chain liquidity for top pairs like USDC/ETH or ETH/wBTC.

It makes sense to target your incentives toward the native pairs on @arbitrum and possibly leverage deeper liquidity elsewhere for main pairs.

I was able to connect with @mikebelshe, the CEO of @BitGo. Other @BitGo and @KyberNetwork employees also reached out to discuss custody, minting, and burning of $wBTC.

I appreciate everyone who reached out. 🤝

Coming out of these conversations I wanted to share my takeaways...

https://twitter.com/SmallCapScience/status/1595530120705417218

1. I believe based on his statements that @mikebelshe and @BitGo reacted correctly to the FTX fallout.

The reason wBTC proof of reserves has a 4k surplus of $BTC, is @BitGo freezing FTX's assets. This makes sense, and props to their team for freezing the assets.

I've been doing some research on $wBTC for the past 24 hours. I'd recommend steering clear of any wrapped assets for the time being.

Highlighting some of my concerns to eyes on this and hopefully clear up some of the concerns around wrapped asset custody + liquidity.

🧵 ↓ I'm not an expert on $wBTC or wrapped assets so take this with a grain of salt. I'd appreciate misconceptions being corrected, I'm simply sharing my findings lately...

My rsearch started after seeing unusual activity on the wBTC / BTC pair which fell 2% from 1:1 liquid peg.

The blockbuster deal between @elonmusk and Twitter is being underestimated by the web 3 community.

I've been reading between the lines and believe $DOGE. $SHIB, $DC, and $BONE are about to lead the crypto markets.

Here's why $DOGE is a 🤖 killer!

🧵 ↓ Elon has come out and admitted that he is overpaying for Twitter.
What interested him in Twitter to begin with?

He has a vision for a new everything app called "X" the everything app. This acquisition speeds up the process for this vision by 3 to 5 years.
thestreet.com/technology/elo…

The new #MetisMarathon proposal from @HermesOmnichain means massive liquidity coming to $METIS projects could be only days away.

Millions of dollars are being injected and directed towards deep liquidity for the entire ecosystem.

Let's dive in.. 🧵 ⬇️ If you are unfamiliar with the proposal and incentives, I did a thread a few weeks back when this first came to light.

Feel free to take a look if you want to catch up with their first proposal, you can do so here:

https://twitter.com/SmallCapScience/status/1564298356469350403?s=20&t=dV7-pCdP6jLS-GI_8C24lA

$HERMES is a high conviction play for me.

Solidly fork on $METIS (+ @arbitrum soon), multiple protocols aggregating/locking, proposal for millions of $'s in grants, incoming supply crunch, and could soon become the leading liquidity hub on $METIS. 👀

The details ⬇️ 🧵 I'm not the only one bullish on $HERMES and its aggregator $MAIA. @Cryptoyieldinfo has been bullish as well, both are a ticking time bomb IMO.

$MAIA supply is about to be fully diluted and owns 50% of $vlHERMES. $HERMES has an upcoming v2 and a possible supply crunch coming.

Everyone is sleeping on @DogechainFamily.

A massive $DC airdrop, billions of $$$'s flowing in from Robinhood, and devs building an onchain ecosystem means Elon is no longer $DOGE's biggest catalyst.

$DC has potential to be one of the largest web 3 catalysts for new users ⬇️ 🧵 Frontrunning liquidity is insanely profitable and Dogechain has the ability to bring the entire next wave of retail users.

Why? Well, @RobinhoodApp users will soon be able to bridge @Doge directly onto Dogechain which kickstarts the entire ecosystem.

Look at @hummusdefi hitting the #1 TVL spot on $METIS at ~$16M!

A bit of foreshadowing of what is to come with the rest of the #MetisMarathon over the next few weeks/months.

Volumes on $HUM are through the roof lately which means the incoming $veHUM swap fees are juicy.🧵 ⬇️ No information has come out on swap fee details. The 24hr volumes have averaged anywhere from $500k-$2M between stablecoins.

That is before $METIS incentives for $AAVE stablecoins show up onchain. Let's look at how $OP stables exploded with incentives... 📈

L2's have picked up steam due to cheaper fees, more builders, and constant bridge hacks.

$METIS is next up to explode with DeFi bluechips on the way, a $100M incentive program, a new smart ecosystem, and multiple small projects launching new versions. Don't fade it.

Details 🧵 $METIS recently announced their #MetisMarathon Campaign which is a $100M incentive campaign spread over 26 weeks for projects to build on $METIS.

$METIS is $150M MC but offering $100M in incentives, builders will flock in due to the bear market

https://twitter.com/MetisCharter/status/1552652574733373440?s=20&t=iP52tPEG24vogQ_r5p3UHw

I'll bite on this. I respect you tagging me knowing I have an opposite opinion.

$AURA gets compared to $CVX because it's the first mover and blue-chip aggregator but the models are different.

Great research, here are some responses to your tweets.

https://twitter.com/0xroborosCap/status/1547144606743433216?s=20&t=DqHFVYiv5xwBdtWMiAOjjg

To start, only $10M $AURA is locked which controls the $16M of $veBAL... $4.24 per AURA

A large % of the circulation is locked. Gauges rewards for Aura/ETH going live today will mean a large % of circulation join LPs, not locking.

https://twitter.com/0xroborosCap/status/1547144610107228160?s=20&t=DqHFVYiv5xwBdtWMiAOjjg

We've seen explosive growth from @AuraFinance and it is just getting started.

Let's dive into what drove this growth, current catalysts, and why this squeeze might continue. I'll hit on the angles most of the public has missed.

Free Alpha ⬇️ 🧵 ⬇️ @AuraFinance I've released several tweets on @AuraFinance over the past few weeks if you haven't been keeping up with my content.

I'll leave them here for those of you who want to catch up on my original thesis.

Original Thread:

https://twitter.com/SmallCapScience/status/1540093151410475009?s=20&t=e91tKRT-vR491mwxaDIiaA

There has been a lack of car-related web-3 projects IMO. Last week on Twitter Spaces, @Peter_GarageXYZ sold me on @GarageXYZ which is building toward a decentralized Indy/F1 Team.

Sick art, great perks, a talented team, and stacked with F1/VC advisors...

https://twitter.com/GarageXYZ/status/1542946716961411074?s=20&t=XlinjQK-d3d4EJQyRP2J0Q

I was super impressed by the planning around events with tickets, hotels, and insane experiences at these events. Perks that you can't get as an everyday fan.

I was grilling @Peter_GarageXYZ on the twitter spaces about this, highly recommended to listen!

Speculation thread!

$TSLA, $BTC, the most powerful investors in the world, and why you should be paying attention to $TSLA shorts right now...

We are in for a rollercoaster that has the ability to rock both the stock and crypto markets.

Let's dive in ⬇️ 🧵 ⬇️ Some of the largest and most powerful investors in the world are betting against $TSLA here.

In April, it was leaked that Bill Gates had a $500M short position against the company. He reached out about philanthropy and well, Elon wasn't happy...

futurism.com/elon-musk-bill…

Can @BalancerLabs and @AuraFinance compete with $CVX / $CRV as the kings of DeFi?

$AURA is a new VE token aggregator that launched under the radar. I did a deep dive for the upcoming @MarketCapping episode, and the comparison numbers are staggering...

Thread 🧵 ⬇️ 🧵 @BalancerLabs @AuraFinance @MarketCapping Let's start with @0xMaki himself.

An absolute rockstar dev who worked on @SushiSwap and imo was the largest reason for their success. Due to some disagreements within the team, he stepped away, and unfortunately, $SUSHI has been in free fall.

Top Dev leading $AURA! ✅