Scaled in to $SPECTRA @spectra_finance

I believe this Defi protocol is undervalued and capturing market share at a record pace

- Recent (re)launch
- Base native (one of the few good "utility" tokens on base)
- Was a pioner in this category (before Pendle)
- Huge growth

🧵 Spectra allows anyone permissionlessly create their own interest rate derivatives markets

Afaik they were the pioneers in this category (basically invented PT/YT tokens before Pendle was a thing), but never took off, still the team kept building through the whole bearmarket

Highest APY Stable pools on Pendle are all Usual's USD0 pools by 2x

Ethena is now fueling their new USDtb into Usual

$USUAL has 2X more TVL than ONDO

Usual stablecoin is the fastest growing of the Top10

USUAL is 6x Less mcap than $ONDO, 7x Less mcap than $ENA

Do the math I should be accumulating more instead of giving u layups like this but since I already missed the launch entry, I'm just top blasting to add to my airdrop/premarket buys, i dont care anymore

send it much higher

I believe $PHAR is the most undervalued token in the Avalanche eco and perhaps one of the most undervalued DeFi projects in its category

Thesis in the thread below 🧵

https://twitter.com/869659857590288384/status/1862584167927595449

1/ First, keep in mind as I was starting to accumulate and develop this thesis, the token literally did a 2-3X and hasn't shown any signs of stopping, it's somewhat illiquid so beware of price impact.

I decided to still publish this because I've put some work into it and I still believe it's undervalued, but beware as it has gone up a lot recently.

This is bearish for memecoins

Gotbit was one of the biggest marketmaker for memes responsible for propping up dozens of cabal memes and scamcoins

Will be a lot harder to push memes without crime

https://twitter.com/tier10k/status/1844091684499415255

Here are some examples

https://x.com/WazzCrypto/status/1811022454430535839?s=19

Wonder why Solana daily active addresses are skyrocketing past month?

Seems like new washtrading/volume bots are getting smarter, instead of doing 300K txs on like 5 wallets, they are now rotating wallets, even after just 1 tx sometimes

300K txs -> 300K "daily active addresses"

https://twitter.com/WazzCrypto/status/1817169061412798715

Example 1:

300K Txs on a 80K mcap, volume bots turn on at random times, queue hundreds of TXs from new "clean wallets"

180K makers aka 180K different wallets buying -> 180K new "daily active addresses "

Solana Total Fees and Jito tips are down 50%+ since Justin Sun copied pumpfun on Tron

Seems like many degens grew tired of the sol casino and moved on to the tron casino I'd say Solana shitcoin casino moat is now much smaller, as most of the infra (bots/snipers) are already multichain/offer chain abstraction so entry level to gambling on another chain is much lower than before

ie:

Lmao, did Mark Cuban's wallet just get drained?

Wallet inactive for 160 days and all assets just moved New wallet sent 0.1 $ETH back for gas to transfer some other tokens left. And then transfered all gas back again

Not sure what to make of this. But very sus behaviour

Milady devs attempting extorsion and getting sued by other devs on 9/11 wasn't on my bingo card

docs.remilia.org/lawsuit.pdf

https://twitter.com/CharlotteFang77/status/1701245168039452947

The conspiracy goes deeper guys...

Milady Founder is literally a Fed working at Palantir

This one is a spicy account of one of the biggest FRAUDS in crypto EVER, that rarely gets talked about in the media, while its authors roam free

How $WAVES , @viresfinance and @sasha35625 Rugged users NOT 1, NOT 2, but SEVEN TIMES on their SCAM Chain, a thread 👇

1/ Rug #1:

@viresfinance was launched in 2021 and quickly became the major $WAVES money market, attracted nearly $2B of capital at its height

Everyone was still coming off the crazy yield farming days and the yield offered was very attractive, looked like a decent opportunity

2/

Not the biggest fan of BAYC, but the nazi conspiracy theory that has been circulating for months is honestly hilarious

It was started by some schizo artist turned influencer @ryder_ripps who does cashgrab projects as some form of weird performance art and has some weird past Philion the youtuber aka @thirdeyeoftruth released a 1h hit piece video about it to his 700K subs, turns out in the end it's some covert shilling for ryder's copycat RR/BAYC NFT collection

As is every other project by him, that mf is srsly the most unhinged person on this app

PUNK INSIDERS CAUGHT

Now that I have your attention, Punks are getting a new Brand Lead @NonFungibleNoah , not without hiccups, as they've surged in volume and price (before this was public)

I did the research on last 48h buyers so u don't have to!
1/

https://twitter.com/NonFungibleNoah/status/1538584141419143168

@NonFungibleNoah 2/
Punks went from 200 to 4K $ETH volume in a few hours and this was 24-48h before the announcement for the new punks brand lead was made public

It was the highest punk volume trading day of the entire year

It appears some insider friends got the memo here

⚠ $KCAL hit the shitcoin trifecta yesterday

1) Coingecko/CMC listing
2) Dextools trending
3) "Smart Money" buying it

There was just a problem. It was all FAKE and it was a scam/honeypot token!

Learn how to do proper research to avoid these SCAMS ⤵

1/

https://twitter.com/WazzCrypto/status/1513962760274649090

2/ It frontran a legit token @StepApp_ that is following the hype of @Stepnofficial , so naturally a lot of hype going around regarding this launch.

Only 1 problem here, StepApp is still in presale on @TheDaoMaker and not listed yet

🚩Red flags below ⤵

https://twitter.com/StepApp_/status/1513953258716516366

Thread about OPSEC in crypto

Keep your coins and yourself safe! 🔒

➡️ Why this is important
➡️ What happens when you neglect OPSEC
➡️ How do you improve your OPSEC

1/ 2/
➡️ Why do you need good OPSEC?

It's very easy to manage a large portfolio and grow desensitized to this, but there are multiple risks.

Exploits, hacks, phishing, gov censorship, social engineering, and probably the worst, $5 wrench attacks, they can all happen to you!

Most CEX and Centralized Crypto service providers are being completely outplayed by their DeFi counterparts in terms of Bug Bounties, and this can have implications in their security.

Let's go over Bug Bounty programs in Crypto in a quick thread!
🔽🔽

1/ 2/
This thread comes after this post by @bantg revealed @coinbase maximum bounty was $50K, after a market nuking critical vuln was discovered on their exchange a few weeks ago

https://twitter.com/bantg/status/1495061310920400898

This CEX handles almost $2 Billion DAILY vol and had $4B in profits last year

The more I look into $PTP the more bullish it seems. This might change the game on staking ponzinomics and curve wars and become a big player on $AVAX

Here's a thread on the key differences to the $CRV model and how @Platypusdefi incentivizes long-term holders
🔽🔽

1/ 2/
First a very broad safety overview of the project

▶ Backed by big industry names such as 3AC, defiance capital..

▶ 2 audits, 1 w/ stellar results by @hackenclub, another by @Omniscia_sec most issues seem to have been addressed

▶ 100K Bounty program (should be increased)

$WTF @feeswtf airdrop launch was a slaughter.

Doesn't look like a rug, just heavy mishandling of the launch and some MEV bots ran away like bandits with $100K+ in Profit

🔽 Here's a little thread of my findings.🔽

1/ 2/
The first interaction with the Uniswap Pool was a user adding a very low/skewed ratio of liquidity.

etherscan.io/tx/0xec34f30b9…

Notice the extremely low liq 0.00001 ETH.

1/
💰 Best Stable Farms on $FTM

Here's a list of some of the best stablecoin farms on Fantom, from least to most risky, with up to 50% APY!!

If you need some tips on how to manage and research these farms, please look into my prev thread on Farming

https://twitter.com/WazzCrypto/status/1478476799432605698

2/
$DAI / $USDC LP on @Spirit_Swap at 23,6% APR