If tokens = equity financing, the next frontier for protocols is debt financing

i.e. Issuing loans, instead of selling tokens

@tazz_finance stands out to me as the spearhead with its innovative perpetual debt primitive

A 🧵 on Tazz + the future of onchain debt finance @tazz_finance Table of Contents

1️⃣ What is Tazz Finance?
2️⃣ Why Tazz?
3️⃣ How does it work?
4️⃣ What’s Next?

Bitcoin slowing down = ALT SEASON

This is where millions are made

Here are my top 10 step by step guides for maxxing your $$$ before Christmas

Let's get this 🍞 1) The Ultimate Memecoin Trading Guide by @coingurruu

https://twitter.com/1032379192388857861/status/1704620324007071998

It is impossible for you to make millions during the bull

Unless you have a playbook

Here's a list of the 10 best threads you can follow step by step to achieve generational wealth

From top 100 to gamefi to microcaps to airdrop farming

(p.s. bookmark so you don't lose this) 1/ How To Sell Market Tops / Parabolic Moves by @blknoiz06

https://twitter.com/973261472/status/1362045016269590528

⚡️: 5 First Impressions from my Chainlink Rabbit Hole

1. @chainlink is NOT an "oracle"

• An ecosystem of thousands of decentralized computing networks

• Enables the creation of validator sets that handle a single specific offchain computation in a trustless and verifiable way

>> Do one thing and make sure its 100% accurate at all times using a network of nodes

• Decentralized Computing Marketplace launching soon. Anyone can launch their own Chainlink network and customize services, node requirements, data sources, multisig, security parameters etc

2. Oracles are not just for market data

• Fetching price data is the most widely use service, but it's the tip of the iceberg

• Oracles excels at everything blockchains cannot do or are inefficient at doing

• Other important, but overlooked functions include cross chain messaging & interoperability, two-way connections between smart contracts and external offchain systems, security, and much more

• Enables service oriented architecture for web3, i.e. modular decentralized web services, which is how most modern web applications are built

• Oracle networks can be combined to create new calculations, workflows, dApps, and protocols

======

3. CCIP's biggest breakthrough is enabling the transmission of information and value simultaneously

• Delay between txn initiation and settlement caused by data fragmentation and inefficient, bureaucratic workflows

>> You pay for asset, bank checks data, data verified, sends payment to other bank, other bank checks data, receives payment, releases asset, you receive asset (can take up to a few days)

• With Chainlink, data is fetched and verified simultaneously when txn is initiated. Data + value is transmitted by CCIP

>> Data of the asset (e.g. price, origin, proof of reserves) is available in real time

>> Data required for the transaction to be executed (e.g. KYC / AML, investor accreditation)

>> Stablecoins

• Programmable workflows enabled by the co-existence of value and data. Vastly improves standardization, automation, composability

4. AFAIK, CCIP is the most robust interoperability solution for bridging TradFi and DeFi

• SWIFT x CCIP experiment was well founded and included all the necessary parties (banks, CSDs, messaging networks), incl. Citi, BNY Mellon, Euroclear, Clearstream

• CCIP enables bidirectional information and value abstraction and transfer between all other private and public blockchains

• Minimizes the need for banks to incur additional costs to upgrade, train employees, or replace legacy systems

• Banks actually prefer fragmented backends (e.g. private blockchains), but connected markets and liquidity

• CCIP offers a plug and play interoperability protocol that allows for both, making it the easy, obvious choice for banks

5. Quadrillions

• Chainlink thesis: Banks will tokenize everything to profit-maxx

• Chainlink game plan: Get public (DeFi) and private (banks) sectors on the same operability standard - CCIP

• Once banks decide to connect their systems and blockchains with public blockchains, CCIP will facilitate quadrillions of dollars of liquidity flowing between TradFi and DeFi

I'm having a ton of fun researching $LINK and CCIP. Can't shake this feeling of "something big is coming"

Gonna do a deep dive next. Shill me anything that you think I should read or look into

Thanks in advance 🫡






@chainlink Taggin some link marines for feedback
@chainlinkgod
@chainlinkbull
@sergeynazarov
@chainlink
@0xswish
@drakelinked
@thelinkmarine1
@rendoshi1
@catfishfishy
@sealgoodman
@rohanjt
@nullpackets
@chainlinkpapi_
@poopmandefi
@ChainlinkToday
@thecryptokang

🧵: Frax Finance - Nothing Escapes The Singularity

As a child I was a huge fan of space and sci-fi

Black holes in particular, were the subject of my fascination

Galactic forces of nature feasting on every star and planet they touch

Nothing escapes. Not even light I soon learned black holes were much more than what I initially thought

They are, surprisingly, the brightest objects in space

As matter spirals into the singularity, friction is so strong it creates electromagnetic radiation up to four trillion times brighter than our sun

.@BuildonBase will be one of the top L2s next bull run

Their Ecosystem Fund recently announced six new investments that will
lay the foundation for Base's future as the "Superchain"

Here's everything you need to know The fund's diverse investments in DeFi, SocialFi, infra, and insurance reaffirms Base's ambition:

An all-inclusive ecosystem built for institutions, crypto natives, and newcomers alike

More investments will be announced. This is just the 1st cohort

#LSDfi: A New Era of Stablecoins?

A 🧵 Exploring the Latest Developments and Complexities of LSD-backed Stablecoins: The Good and the Bad

(1/17) 2/
In this thread, I will cover the following LSD-backed stablecoins and their key differentiators in this increasingly crowded space.

1️⃣ Lybra
2️⃣ Raft
3️⃣ Prisma

.@Uniswap V4 presents two core innovations in the infrastructure for AMMs: Hook & Singleton.

Are we witnessing the culmination of Uni forks?

Or is this just a transformative infrastructural upgrade?

A thread on Uni V4 from a technical perspective 🧵 1/
Recap on the key features of Uni V4:

Hook is a programming concept that allows automatic execution of custom logic during specific actions in smart contracts.

It's official: @synthetix_io has flipped @GMX_IO.

Over the past two weeks, Synthetix recorded a trading volume of $2.1B surpassing GMX's $1.7B.

Notably, Synthetix's volume was $300M just yesterday, 5 times higher than GMX's $60M.

A thread on why👇🧵 1/
Fee adjustments

A month ago, Synthetix lowered the trading fees for their pairs. The fees for $ETH, $BTC, and many other pairs are now as low as 0.02%.

All thanks to their time-based funding rate model design.

Check out my previous thread for more about Perps V2👇

https://twitter.com/WinterSoldierxz/status/1648329341712101376

As DeFi beckons institutions, @binance decisively enters @CurveFinance's $CRV Wars & @WombatExchange's $WOM Wars, wielding $wBETH liquidity & incentives.

A thread on how Binance is shaping the currents of liquidity wars🧵 1/
@binance has taken it up a notch within the DeFi stack.

It stands as the first-ever CEX to catalyze on-chain liquidity & volume on DEXs (@CurveFinance & @WombatExchange), with gauge voting and bribe rewards as strategic tools.

BRC20 is overhyped.

But it's missing the core tenets that form the bedrock of blockchains:

• Absence of true 𝗱𝗲𝗰𝗲𝗻𝘁𝗿𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻
• Inadequate 𝘀𝗰𝗮𝗹𝗮𝗯𝗶𝗹𝗶𝘁𝘆
• Lack of 𝗹𝗼𝘄-𝗰𝗼𝘀𝘁 𝘁𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻𝘀

A thread on why it won't be another ERC20 🧵 1/
Bitcoin inscriptions enable the inscription of sats with arbitrary content, resulting in the creation of bitcoin-native digital artifacts and NFTs without the need for a separate token or sidechain.

This caused a bull run in the past week with daily fees reaching over $60K.

Much has been said about the 3X gas efficiency enhancement in @CurveFinance V2 TriCrypto-Token Pool.

Yet few looked into the specifics.

I spent 10 hours disentangling the complexities of TriCrypto from both mathematical and technical perspectives for ELI5.

A gigathread 🧵 1/
Last week I shared some thoughts on @CurveFinance's TriCrypto-Token Pool and how it relates to $CRV and $CVX.

Check out my thoughts below ⬇️

https://twitter.com/WinterSoldierxz/status/1651198204472598528

Folks, Blur Lend has arrived.

The @paradigm shift to the NFTfi space, built by @blur_io in conjunction with one of the inventors of Uniswap V3 - @danrobinson.

It is poised to become the @AaveAave of NFT lending, a product truly usable by borrowers and lenders.

A thread 🧵 1/
This thread will cover:

1️⃣ Highlights of Blur Lend
2️⃣ A dive into the concept of refinancing
3️⃣ My improvised trading strategies on Blur Lend

Today @circle has launched its cross-chain transfer protocol (CCTP).

This will set new standards in pricing power and bridging monopoly for $USDC, which could be a 𝙙𝙤𝙤𝙢𝙨𝙙𝙖𝙮 for cross-chain bridges 🤯

A quick 🧵 on how CCTP works & its implications 2/ Current bridges have adopted various design choices with tradeoffs surrounding native assets, liquidity and security.

@circle’s CCTP takes capital efficiency to the next level by removing the need for liquidity on either chain.

1/ @CurveFinance secretly shipped TriCrypto-Token pool on @ethereum mainnet yesterday.

This move is set to take Curve's composability & capital efficiency to the next level.

How will this impact the Curve ecosystem and your $CRV & $CVX bags?

A short 🧵👇 2/ In @Uniswap, tokens are mostly paired with $ETH.

This reduces impermanent losses to liquidity providers as both assets are usually correlated in price movements.

This makes trading easier because most people trade with $ETH.

Curve is disrupting this ritual.

An epic battle is brewing in DeFi.

This saga, known as "The Liquidity Wars," tells the tale of intrepid innovators vying for supremacy in the realm of perpetual swaps.

An in-depth review of the house pool designs in @GMX_IO @GainsNetwork_io and @synthetix_io 🧵 1/
In this thread, I will cover

1️⃣ Why competition among perp trading platforms matter to traders like you
2️⃣ Pros and cons of protocol design amongst key players
3️⃣ My bet on the winners in the decentralized perp landscape

Timeswap marks the dawn of a new era for onchain money markets

A multichain three variable AMM model free from liquidations & oracles, currently offering an unprecedented 40%+ APR for $USDC - $ARB

A thread on @TimeswapLabs loans & how I use them to lev. trade $ARB 1/
In this thread, I will first go over the key features and protocol mechanism of Timeswap before showcasing some trading strategies on @Arbitrum.

As the month comes to a close, I've curated the top 5 threads that demystify DeFi, yield strategies, and the dynamic world of AMMs and structured products.

Dive in and unlock the knowledge 🧵 1️⃣ A thread by @ViNc2453 delving into #GLPLego strategies with @pendle_fi.

Explore fixed APR conversions for DeFi assets & learn to maximize returns using tactics like discounted GLP purchases, fee distributions, cashing in future interest & LP for higher swap fees🧠

https://twitter.com/ViNc2453/status/1633748452709638146

Following the $ARB airdrop rush, @arbitrum’s daily transactions surpassed @ethereum for the past 7 days.

@WombatExchange will be the latest to join the $ARB ecosystem, and bring its hyper efficient algorithm for stablecoins & pegged assets, e.g. LSDs

A quick thread on $WOM 🧵 1/
Wombat stands out as a pioneer in multiple aspects:

(i) Invented the 1st closed-form stableswap-focused algo to minimize slippage & enhance gas efficiency
(ii) Introduced asset-liability management to enable single-sided liquidity
(iii) Improved ve-tokenomics for flexibility

The next Curve war will be fought with $CNC.

In a remarkable feat, @ConicFinance peaked at $64M TVL in 2 weeks of launch.

How will it fuel the $crvUSD narrative and liquidity wars on @CurveFinance & @ConvexFinance?

Let’s dive in 🧵 1/
In this thread I will cover:

1️⃣ Overview
2️⃣ Protocol mechanism
3️⃣ $CNC War incoming?
4️⃣ Conic as crvUSD’s deleveraging agent?

Woke up to $USDC depeg

• Circle's $3.3B reserves are stuck at SVB
• Binance has disabled auto-conversion of $USDC to $BUSD
• Coinbase & Jump have redeemed over 1.8B $USDC

Is this DOOMSDAY or are we just OVERREACTING?

Join me as I curate the best threads on this topic🧵 1/
What happened to $USDC?

$USDC, the 5th biggest crypto by market cap, deposited a significant amount of its $3.3b reserves in the now-defunct Silicon Valley Bank.

@circle's announcement has led to a depeg and left investors wondering - what's next?

https://twitter.com/circle/status/1634391505988206592