jfab.eth Profile picture
doing stuff at @MetisL2 | a veces escribo | opinions are my own.
Jan 12 5 tweets 4 min read
The bull market is upon us.

If you want to start it off on the right foot, you must first understand these three (3) @MetisDAO flywheels:

1. #MetisEDF Flywheel
2. Sequencer Mining Flywheel
3. Ecosystem Grants Flywheel

Let's break them down🧵👇

(1/4) 1. #MetisEDF: The Metis Ecosystem Development Fund Flywheel

The Metis Ecosystem Development Fund (EDF), currently worth over half a billion USD, is a 4.6M on-chain $METIS fund created to accelerate adoption and growth on #Metis. At launch, it turned a lot of eyes towards the Metis ecosystem, increasing awareness for the ecosystem dApps and demand for the $METIS tokens. This kicked off a swift flywheel effect:

The more demand there is for $METIS, the more the #MetisEDF grows.

The more the #MetisEDF grows, the more the rewards for builders/holders/users grow.

The more the rewards for builders/holders/users grow, the more demand for $METIS.

The cycle continues, and strengthens.🔄

(2/4)Image
Jan 6 18 tweets 3 min read
It's official: WAGMI (@PopsicleFinance) will deploy on @MetisDAO on Monday.

It will be the first disbursement of the #MetisEDF: the 4,600,000 $METIS ecosystem development fund.

Here's everything you need to know to make the most of out of this deployment🧵👇 @danielesesta, founder of WAGMI, singlehandedly attracted billions of dollars to other ecosystems, including Fantom and Avalanche. On his own words, the potential here is way bigger. He's also deploying a protocol never seen before. WAGMI, but on steroids.

(2/18)
Jun 21, 2023 9 tweets 8 min read
My friend called and said he bridged $ETH, $BTC, and stables to @MetisDAO.

Now, he's earning a 11.63% Cumulative APR on his funds.

Here's his portfolio🧵👇

(1/7) Image He likes "safe" investments. So, no impermanent loss or liquidation risk, but he's aware of smart contract risk always being present in DeFi.

His portfolio [in Metis] is pretty simple. It consists in:

• 50% $USDC
• 30% $ETH
• 20% $BTC

(2/7) Image
Jun 21, 2023 12 tweets 8 min read
The Ethereum community is considering increasing the max validator stake from 32 $ETH to 2048 $ETH.

At plain sight, it might look like it will just make Ethereum more centralized.

Nevertheless, this is a major misconception🧵👇

(1/10) Image Before we start, there's a key clarification that must be made:

Validator ≠ full node

A full node can actually have hundreds of validators, as explained by @toghrulmaharram.

Therefore, validator centralization could already be there, even without this upgrade.

(2/10)
Jun 20, 2023 8 tweets 6 min read
The number of $crvUSD holders grew by 300% in the last 2 weeks.

What is behind this growth?🧵👇

(1/6) Image First of all, what's $crvUSD?

It's @CurveFinance's newly deployed collateralized-debt-position (CDP) stablecoin pegged to the US Dollar.

It's similar to $MAI, or $DAI, but added a game changer liquidation algorithm called LLAMMA.

More on LLAMMA some other time.

(2/6)
Jun 19, 2023 15 tweets 10 min read
Yield Aggregators can generate MASSIVE returns in DeFi📈

If you aren't using any, you're missing out BIG time.

Thread on @Athena_DeFi_, a hidden diamond🧵💎

1/13 Image Before deep diving into @Athena_DeFi_, we must first understand @hummusdefi.

Hummus is a novel stableswap, based on @Platypusdefi.

Users can trade between stablecoins with MINIMAL slippage, and provide single-sided liquidity.

2/13
Jun 18, 2023 14 tweets 8 min read
Last week was very active in crypto.

Sometimes it can be too much to keep up with.

Here's a 2 minute summary of the Top 10 events, in chronological order.

🧵👇 Image 1. @Uniswap V4 was announced.

It introduced "hooks", or plugins that allow developers to create custom liquidity pools.

They will allow devs to create on-chain limit orders, automatic deposits to lending protocols, auto-compounded liquidity provider (LP) fees, and much more.
Apr 17, 2023 16 tweets 5 min read
DeFi in @MetisDAO is progressively heating up.

Now, here's your next catalyst:

Staking METIS for a 20% APR🧵 This DeFi strategy is made possible by our friends at @Manhattan_fi, @hummusdefi, and @GranaryFinance

In this thread we'll see how users can earn up to a 20% APR with their METIS, depending on their risk profile.

This process consists in 4 simple steps👇
Jun 30, 2022 29 tweets 7 min read
Layer 2s will play a huge role in web3's mass adoption, but not in their current form.

2 days ago, @MetisDAO confirmed it through their Roadmap for the 2nd half of 2022

A thread🧵 2/ In this thread we'll cover:

3- Current issues found in L2s
4- Smart L2s
7- Matrix Reputation Power System
11- DACs
17- Connecting the Dots
23- Grants
28- Conclusion

Vamos👇
Jun 28, 2022 14 tweets 8 min read
Yesterday I had a great (and very informative) conversation with the guys at @RevenantGamefi and @MetisDAO via twitter spaces.

TLDR: The future of GameFi will be creator & user centric🧵👇

1/13 Bear market means buidl market

For any project that planned ahead, and/or had the chance to raise funds during the near-0 rates period: this is the time to start building.

The Total Addressable Market (TAM) of GameFi is massive, but some things have to change first

2/
May 30, 2022 20 tweets 15 min read
A new Ethereum Layer 2 scaling solution was officially introduced 4 days ago by @MetisDAO:

Smart L2⚡️

🧵Thread on everything you need to know about Smart L2s 2/ In this thread we'll see:

• What is a Smart L2✅
• What is NOT a Smart L2❌
• How do Smart L2s work⚙️
• How do they inherit Ethereum L1's security🛡️
• Is @MetisDAO still a rollup?
• Is @MetisDAO still a L2?
@MetisDAO post EIP-4844 (Sharding)📈

Let's dive in👇 (2/17)
Apr 18, 2022 15 tweets 9 min read
The last CPI report confirmed a 8.5% inflation in the U.S.

If you have USD denominated stablecoins (USDT, USDC, etc) yielding any rate below 8.5% APY: you're losing money to inflation.

Luckily for u, ya boy gotchu.

🧵Stable alternatives with +8.5% APYs in @MetisDAO (1/13) 2/ We can find three (3) types of stablecoin passive yield alternatives in @MetisDAO, and we'll cover each of them in this thread:

• Alternatives that pay rewards in stables
• Alternatives that pay rewards in crypto
• Hybrids

Let's dive in👇
Apr 14, 2022 19 tweets 9 min read
Investors want the yield, but not the commitment

The recent "dip" made crystal clear what type of stablecoin yield alternatives will take over during this cycle

A 🧵 2/ When the market starts getting rowdy, whales tend to exit high-risk positions and look for safer alternatives in order to protect their funds

What do you think becomes the most attractive alternative?

Bingo!

Stablecoins💲🎯

Stablecoin farming, staking, and lending.
Apr 12, 2022 16 tweets 6 min read
BIG day for DeFi & NFTs

🧵Thread on why @MetisDAO could change the DeFi and NFT layout forever while also alleviating @ethereum's congestion

(1/18) 2/ @MetisDAO just launched their Decentralized Storage Today, nuking gas fees to $0.02/tx and $0.17/swap

I'm sure you know this is good for the network, since it might incentivize a larger tx volume, but have you taken in consideration the potential upsides for NFTs and DeFi?
Apr 4, 2022 34 tweets 21 min read
Option contracts trading vol. broke records consecutively each of the last 4yrs

According to @USOCC , US Options Market alone had a notional value of $36T in Q1'21. Therefore...

🧵Thread introducing the new Option Contracts Sheriff in @MetisDAO town:

@dopex_io 💎💎 ImageImage 2/ In this thread we'll see:

3. What is @dopex_io
7. Option Contracts (Calls vs Puts): What are they?
13. 2-Token Model & Synths
18. @dopex_io Native Products
22. Integration w/ @dopex_io
23. Upcoming producs (Holy sh*t)
28. Mutualism: @dopex_io & @MetisDAO

Let's dive in👇
Mar 12, 2022 12 tweets 5 min read
Wassssup CT and Capital Efficiency Maxis

What ALL OF YOU have been been waiting for... is FINALLY HERE🥵⌛️

Want to get Hermes exposure but don't know how?

I gotchu, anon

🧵Brief Step-by-Step on how to play the Hermes emissions🧵 2/ How to start?

First thing we do is go to hermes.maiadao.xyz/#/swap

If you don't have any of the eligible tokens yet(weird), you must first swap tokens in order to get equal monetary amounts of both tokens

Once we've done this, we move on to the next step
Mar 6, 2022 13 tweets 12 min read
18/ DeFi Sauce in @MetisDAO

@netswapofficial has been overlooked lately while being the first native DEX in @MetisDAO and having a monster potential with only a $12M MC

@netswapofficial has some VERY tasty farms and allows you to stake $NETT for $METIS rewards👀 19/ DeFi Sauce in @MetisDAO

@beefyfinance is also a DeFi monster in @MetisDAO

In the thread attached a few tweets ago, u can see the different optionsthat @beefyfinance offers

Keep in mind @beefyfinance is a Yield Optimizer, so you could find the same farms w better APYs
Mar 6, 2022 5 tweets 4 min read
14/ Access Routes to @MetisDAO

Now that we know wassup with $METIS and we know that @MaiaDAOMetis is a gigabrain play for 2022...

I'll share the bridges I use to transact between Fantom and Andromeda 15/ Access Routes to @MetisDAO

@relay_chain is the fastest one and has a fixed bridging cost of $10. Assets supported are $WFTM, $MIM, $WBTC and $RELAY

@TheBoringDAO is also very good, has a $10 bridging cost(if doing $25,000 or up it goes to $20ish) and supports $USDC & $USDT
Mar 6, 2022 14 tweets 12 min read
Centralization is a dangerous word

A decentralized network represented by a single face is still subject to a single point of failure, & recent events have made this very clear

🧵Thread on what happened Today in DeFi, the current scenery, & the upcoming role of @MetisDAO

1/29 2/ On this thread we'll cover:

#andrecronje quitting $FTM & what (possibly) led 2 it
• What's on the plate for $FTM
@MetisDAO
• Fits like Cinderella's shoe
• Access routes to @MetisDAO
• DeFi Sauce in @MetisDAO
@MetisDAO NFT Collections

Get some 🍿and lets go👇
Mar 4, 2022 18 tweets 14 min read
Metisian Farmer helps Metisian Farmer🧑‍🌾🤝🧑‍🌾

🧵Short thread on some tasty farms in @MetisDAO with VERY nice APYs that us farmers can take advantage of🚜📈 2/ We'll cover farms and vaults from:

@beefyfinance
@starstreamfin
@tethysfinance

Feel free to add any farm or vault with them juicy APYs at the end of this thread

There's a few alternatives w/ high yields which I won't cover due 2 lack of avble info/audits online
Feb 28, 2022 22 tweets 8 min read
If you like scalability & high yields, you have probably met $METIS already. Although, have you met $TETHYS yet?😏🥵

🧵Thread on what is @tethysfinance & How to earn +2000% APYs in $TETHYS

(1/22) 2/ In this thread, we'll cover:

• What is @tethysfinance
• $TETHYS
• Roadmap
• Governance
• xTETHYS
• Farms🚜
• Lending Pools (personal fav)
• The Liquidator
• $TETHYS x $HERMES

Vamos👇