Insightful read about Type-3 stablecoin proposed by @capmoney_ , one of the coolest design I have seen in a while and I want to simplify a bit.

In yield generating stablecoin today, we have 2 major types:

Type 1: Tokenised hedge fund
Type 2: DAO-allocated yield strategy

🧵 1/
Type 1 Stable:
(Tokenised hedge fund)

Marketplace where project utilise user's deposits to generate yield while the team gets the final say over the model and resource allocation.

This design is the most common because it's relatively simple to launch by focusing on one or few strategies.

But the trade off is that no strategy can sustain above-market yields forever and therefore losing TVL to certain strategy depending on market condition.

Example:
@ethena_labs
@ResolvLabs
@OndoFinance
@levelusd
@usualmoney

Perena is the first native stableswap + stablecoin infrastructure on @solana.

What are the opportunities and challenges ahead of them?

A thread abt @Perena__🧵 In this thread, I will mention:

- Background
- Why Stablecoin Specifically ?
- Brief intro about Perena
- Some statistic
- Opportunities
- Challenges
- Conclusion

From no one to be invested by Binance 🟡

What is the "Secret Sauce" behind the success of @pendle_fi ?
And what does the future hold for Pendle?

A "crypto native" deep dive on Pendle and why I believe $pendle is irreplaceable for the next bull of DeFi 🧵 (/20+)

(Ft. @BTC_CRO) 1/ In this thread, I will talk about:

1️⃣ Team and Background
📙 P2
2️⃣ WTF is Pendle ?
📙 P5
3️⃣ Insight into the Current State of Pendle
📙 P10
4️⃣ The Pendle War
📙 P15
5️⃣ The key to success
📙 P18
6️⃣ The future of Pendle
📙 P19

Without further ado, let's dive in.

If you enjoy restaking/AVS...

I did a light comparison between @eigenlayer , @symbioticfi and @Karak_Network.

A thread 🧵 👇 (x/31) In this thread, I will cover:

1) What is AVS and re-staking?
2) The key architecture and metrics of Eigen, Karak, and Symbiotic (🎯 P.5)
3) The comparison (🎯 P.21)
4) Conclusion (🎯 P.27)

This is a light comparison.
LRT, AVS eco, Risk will be covered in da next thread 🏄‍♂️

FHE opens up the possibility of computing on encrypted data without the need to decrypt it.

When combined with blockchain, MPC, ZKP (Scalability), FHE provides the necessary confidentiality and enables a variety of onchain usecases.

A digestible overview of the state of FHE 🧵 In this thread, I'll cover:

1) The background of FHE
2) How FHE works?
3) The 5 landscapes in FHE ecosystem (P.5-P.15)
4) Challenges and solutions of current FHE

Without further ado, let's get the party started 🔥

Many are calling TAO the future of decentralized AI.

However, what really make them stand out from the other AI?

Is it their subnet? Is it the Yuma consensus?
Or their incentive structure?

A 5 mins digestive research on @opentensor, with an overview of the subnet ecosystem 🧵 In this thread, I will talk about:

1️⃣ TAO Background
2️⃣ Why TAO?
3️⃣ Overview on TAO architecture 🎯 6/
4️⃣ The TAO subnet
5️⃣ How validation works in TAO?
6️⃣ How mining works in TAO?
7️⃣ The ecosystem of TAO-Subnet 🎯 16/
8️⃣ Tokenomics 🎯 22/

Without further ado, Let's dive in.

Privacy is needed in the crypto space 🟣

Yet, high fee and the lack of programmability have become a burden of many ZK-apps 😢.

Along with $TIA & @0xPolygonLabs zkEVM, Manta will provide the scalability & lower fees needed for zk-app.

A digestible research on @MantaNetwork 🧵 1/
In this thread, I will cover:

1️⃣ Why do we need on-chain privacy?
2️⃣ What is Manta Pacific?
3️⃣ The core piece of Manta, Universal Circuit
4️⃣ ZK shuffle
5️⃣ The role of Celestia and Polygon zkevm
6️⃣ Manta Ecosystem & Roadmap
7️⃣ $Manta airdrop
8️⃣ Conclusion

Let's dive in now 🥽

Yesterday, the daily trading volume (~$280M) on @solana have surpassed all the L2s and sidechain on ethereum, including @arbitrum.

As @solana is making a comeback, here are some interesting stats about @Solana's recent performance that you should know👇.

1/9 🧵 The TVL on Solana has increased by 73.4%, rising from $382M to $680M in just a month (According to @DefiLlama).

Recent rally in TVL and activity on Solana are mainly due to:

🔹 $SOL pump
🔹 Airdrops szn
🔹 NFTs mini bullrun
🔹 Memecoin & Solscription

2/9

With AI having the greatest room for Imagination & innovation in the crypto space 🤖

Picking those that have unique value proposition help you to stay on top of the game.

I will save your time by filtering 15 Ai projects with different risk level that stand out from the rest 🧵 1/
*Disclaimer and MUST read ⚠️

This is NFA nor a shilling thread for any of the AI projects.

You need to be aware of the risks involved, as some of them appear skeptical (Their concept is unique tho).

I hold some of the tokens and my intention is purely to share my insights.

As on-chain activities in a monolithic blockchain grow, so do the cost of processing ❌

With Celestia, it tackles the scalability issue with a modular DA network that maintain a relatively stable cost for verification ✅

A digestible thread of the modular DA layer @Celestia 🧵 1/
In this thread, I will talk about:

1️⃣ WTF is Celestia ?
2️⃣ Monolithic 🆚 Modular
3️⃣ WTF is Data availability (DA) ?
4️⃣ Data availability sampling (DAS) 🎯 10/
5️⃣ Namespaced Merkle trees (NMTs)
6️⃣ The 3 Celestia working design
7️⃣ $TIA utility & Future of Celestia 🎯 21/

The next narrative will be products that solve the current market's painpoints.

These narratives should include👇:

1️⃣ Restaking
2️⃣ De-AI
3️⃣ Shared Sequencer
4️⃣ Gamble-Fi ($RLB)

A quick overview on my top 4 narrative picks with actionable insight 🧵: You can skip to the actionable insight at:

🎯 Restaking actionable , 5/
🎯 De-Ai actionable , 12-15/
🎯 Shared Sequencer actionable , 19/
🎯 GambleFi actionable , 22/

Without further ado, Let's dive in.

Successful rollups are super profitable.

zksync has made a total of ~$20M in revenues from its rollup (excl. cost)

Arbitrum ~ $11.87M
Optimism ~ $8.90M
Base ~ $5.14M

Yet, most of us still don't know how rollups generate revenues ⚠️.

A 3 mins thread on the Rollup economics 🧵 1/
In this thread 🧵, I will talk about:

1️⃣ WTF is rollup?
2️⃣ The 3 players in a rollup economic
3️⃣ Rollup costs
4️⃣ Rollup revenues
5️⃣ A summary of the rollup economic

Without further ado, let's dive into the rollup party 🏄.

crvUSD is the most hard-core stablecoin to ever exist.

Instead of facing full liquidation when borrowing CDPs,

crvUSD introduced LLAMMA 🦙, an algo that use soft liquidation to reduce impermanent loss during huge liquidation.

A very in-depth thread on crvUSD by @CurveFinance🧵 crvUSD was launched about a month and a half ago.

Among all collateral, sfrxETH was the first to be accepted for minting crvUSD, followed by wstETH and WBTC shortly after.

To date, crvUSD has attracted over $67.9M TVL, and interest in the stablecoin continues to grow 💹

2 years ago, Uniswap V3 introduced concentrated liquidity to improve capital efficiency.

Today, Uniswap V4 is bringing customization & optimisation to the AMM space.

If you care about DeFi and its future 🦄

You need to read this 🔥

A deep dive thread on @Uniswap V4 🧵 (x/23) 1/
Uniswap has always been at the forefront of AMM innovation since the birth of DeFi.

Throughout its 5-year journey, @Uniswap has undergone 3 verison of changes 🪄

V1 = Innovated ERC20 - ETH pools & AMM
V2 = Enabled ERC20/ERC20 pools & Flash swap
V3 = Concentrated liquidity

The wait is over.

@samkazemian just announced the design of frxETH v2.

With innovations such as market-based interest rate, @fraxfinance is taking frxETH to the next level in the LSD game 👑.

A thread breaking down the clever design of frxETH v2 🧵 1/
Background:

FrxETH is one of the fastest-growing LSD in the landscape, having accumulated over 233.4K ETH in > a year 🚀.

This exponential growth is largely attributed to the clever synergy between sfrxETH and the frxETH-ETH pool on Curve 🧠.

The LSDfi summer is here 🌊

To catch the next $LBR & $PENDLE, you'll need a list of key alphas who closely follow the trend.

I will save your time 👀

and share with you my secret LSD lists I created to track everything related to LSD.

A thread 🧵 1/
Kicking off the thread with a complete list of LSD to LSDfi protocols (45+) 🌎.

Follow the list to stay updated on all the recent protocol updates .

twitter.com/i/lists/166301…

You faded BRC 20
You faded ordinals NFT

But you're still early to ORC20 💎

With ORC-20, users are no longer limited to mint a fixed naming space and prevent the risk of doubled spending with UTXO model ✅

A thread on everything you need to know about orc20 & minting guide 🧵 1/ In this thread, I will cover:

1️⃣ Why ORC20?
2️⃣ What is ORC20?
3️⃣ What is the difference between ORC20 and BRC20?
4️⃣ How to mint ORC20? (Jump to P.8)
5️⃣ How to buy and sell ORC20👜?

Without further ado, let's dive into it 🏄

Instead of relying on "ALPHA callers"...

You can discover the next $PEPE, by following the smart money yourself🧠.

In this thread 🧵, I'll teach you how to track smart money using only Free tools like @DuneAnalytics and @DeBankDeF in 4 simple steps. 1/
Step 1: Find the whale

- Choose the token you wish to investigate.

- Enter the chain and token address into this dune dashboard created by @defi_mochi, click "Apply all parameters," and let the dashboard run.

In this case, I use $BOB as an example:
dune.com/defimochi/toke…

Staking 16/32 ETH to run a node is expensive.

With Atlas upgrades, @Rocket_Pool lowers the entry barrier to operate a node from 16ETH ▶️ 8ETH, allowing more nodes to join the ecosystem 🚀.

A thread on Atlas upgrades and the effect of 8 ETH minpools in the staking landscape 🧵 Background:

LSD sector has become one of the largest in DeFi, with a TVL of $17.81B at the time of writing

Following the Shanghai upgrade, staking percentage has surged from 12% to 15% 🆙

The increase in staking has also resulted in a greater demand for liquid staking products

When the Fee token = Governance token (E.g., ETH),

Users who use networks the most actually suffer reduced voting power over time ❌

To solve this, @berachain innovated the 🔱 Tri-Token Model to separate fee and governance tokens.

A thread on Berachain 🐻⛓
(Yep, this is real) 1/
Background 🐻 :

Before launching an L1 on @cosmos, Berachain was a rebasing NFT project called Bond Bear, inspired by the Olympus DAO.

The NFT collection soon attracted a group of DeFi veterans 🧠

And the founder @smokeythebear decided to take the bear to the next level 🔺

As the Shanghai upgrade approaches 🌄, everyone is hungry for LSD alpha. Out of all the LSD protocols, I believe👇

frxETH (by @fraxfinance)

will emerge as the clear winner with its duo token design and upcoming v2 release 🏆.

A thread on the OG, frxETH V2 & frxETH 🧵 1/
In this thread, I will cover:

1️⃣ What is frxETH / sfrxETH
2️⃣ The Clever design of frxETH & sfrxETH
3️⃣ Yield comparison in the DeFi landscape
4️⃣ frxETH V2, the alpha
5️⃣ Potential frxETH Flywheel
6️⃣ Closing thoughts

Sit back, grab your coffee, and enjoy the 5-minute breakdown.