1/ Ok let's brainfart a lil bit https://t.co/AWrm6u6kTd

https://twitter.com/trading_vapor/status/1682013695520522240

2/ I see telegram (and more broadly trading via instant messaging apps) as probably as pivotal as liquidity mining back in 2020 for the markets

This is not entirely new, but the way @TeamUnibot , Maestro and others are gaining traction rn tells a story abt what's coming

Some random thoughts:

1) BTC.D : $BTC has been rallying sharply on the bank's failure narrative and also on the back of ETH's Shanghai supply overhang, crushing ALT/BTC pairs

Those forces are still in full effect and while the common belief screams for.. .. alt season, 2018-2019 history can remind you that BTC dominance can chad longer than you can afford to avoid pfp laser eyes

Reasonable plan for $ARB launch:

- Hope that a good CEX list it on day 1
- Gather dry powder on that CEX in advance as the drop will suck liquidity everywhere else
- Buy between .5 / .8 from airdrop dumpers
- Sell between 1.4 / 1.6 a few hours or days latter

gl 🫡 For reference, $.68 is $OP marketcap level. $1.72 is $LDO marketcap level (~top 30 / $2bn cap). Doubt we see $.5 but $.8 will remain a good buy. Popping the top 30 even temporarily is def doable

And bc $BLUR airdrop happened the way it happened, im quite sure $ARB top way faster

With ETH yield becoming ubiquitous post Shanghai I think it's a matter of time before one LSD become the base pair of defi and replace WETH (think wstETH mainly)

Why holding WETH when you can LP with a IB token and earn trading fees at the same time? The problem rn is that current DEXs are not suited for LPing with IB tokens

When you LP in UNIV3 with an IB token, your yield get instantly arbed by tradors and you end up only earning the LP fees and forfeiting the native yield of the token

1/ Even if ZK rollups are the holy grail for L2s on ethereum, ive yet to find a compelling reason for users to move from ORUs once they launch

What do users love about ORUs? Low fees, high throughput, evm equivalence (explorer, wallets, dev tools, solidity etc..) 2/ What do ZK rollups have to offer? Math purity, trustlessness, decentralisation

Do users care about these features? Nope. Not directly at least

What do ZK rollups compromise on to offer this? Evm equivalence and fees.

1/ After a few hours of DD i've yet to be convinced by the $RPL play

Rocketpool only has ~4.5% of the ETH amount staked by Lido and yet RPL has already a marketcap accounting for ~40% of LDO's 2/ That's already a big premium paid if we consider that RocketPool could be the main beneficiary of Shanghai, with die-hard ethereans solo-stakers restaking with Rocket for the sake of decentralisation compared to the evil VC led Lido

NFT wealth will concentrate even more around a few collections

Any new NFT project should be considered as ART ONLY, as they won't be able to reproduce the "fundraising by royalties" effect that early collections enjoyed by existing in the right place at the right moment

1/x In a post-sudoswap era, FP appreciate long term only if the project:

- has historical relevance (Punks)
- is well funded and can deliver on a roadmap (BAYC)

New NFT projects have neither of these and hence are doomed from the beginning

2/x

Bored predictions:

> BTC bart up to 21500 early next week
> EBC hike 75bps Thursday but EUR resume down only short after
> Mid september : good CPI print the 13th + merge euphoria push ETH to 2200, allowed by SPX relief
... > End of september: Attention shift to Europe bad eco outlook and political unstability. Italy elections set the tone for EUR/USD direction mid term
> Oils keep leaking at Gazprom. Energy crisis in everyone's mouth
...

1/ A thread on the merge, the current market sentiment and more generally, my random thoughts about the current market conditions 2/ In b4 yall come saying this is a cope thread written by salty sidelined money. It probably is. Or maybe not. I mainly write bc it helps me organize my thoughts and provide free dopamine with your engagement

1/ Saying that zk rollups will be huge is an understatement

Two beasts have been working on this tech in the background for YEARS. Their time to shine is imminent. What opportunities ? What differences ? Wen token ?

A 🧵 on @zksync vs @StarkWareLtd 2/ In advance, this is a galaxy brain topic that i’m doing my best to grasp and I might take some shortcuts or do some errors while ELI5 all of this

Feel free to correct me or bring more precisions in the comments

1/ OK did my homework on that.
Here is a 🧵on:

- How @anchor_protocol produces stabilized stable yields at ~20%
- Who is paying that yield
- Is it sustainable

let's go

https://twitter.com/trading_vapor/status/1460594340053590024

2/ Anchor is a Defi primitive on Terra in which you can lend and borrow $UST, the Terra native stablecoin.

So, as for every lending protocol, you have:

- lenders that park their $UST in a pool,
- borrowers that deposit collateral to borrow the $UST

My 2 cents about the past and upcoming development phase of PFP NFT asset class:

- Step 1: Unicorn project breakout (Crypto Punks)
- Step 2: Capital dilution into an ever growing number of clones.
- Step 3: Market saturation and NFT winter (we are here imo) - Step 4: value concentration into bluechips projects (Punks and BAYC?) and slow death of others.
- Step 5: Defi composability unlock the potential of NFT bluechips and turns each of them into an asset class

1/ I'm opensourcing my EVM frontrunning bot. Those lines of code (with other bots) are the main reason why I'm almost financially free rn

I'm completely self taught as a dev and have 0 regrets spending all my free time on learning those stuff for months

github.com/Supercycled/ca… 2/ I used this bot during the golden era of BSC, the main feature being liquidity sniping on PancakeSwap.

I also deved a sandwich attack feature, but wasn't really profitable with it. Sandwiching is complex af and sandwichers are far from the top of dark forest's food chain

1/ I would argue that making it in crypto is first and foremost a question of intellectual flexibility.

Your brain must be a fking elastic. And there were frequent historical situations that separated poor rigid brains from wealthy elastic brains 👇 2/ Over and over, as crypto narratives unfold, you may have met this kind of situation where several people you deem smarter than you were going heavy on things you thought were stupid. Facing this situation, people often have 2 kinds of reactions:

1/ Remember what $LINK did during the last bear market? Well, expect $WOO to follow the same trajectory

A thread on @WootraderS and why it will be a top 3 exchange a year from now 🧵

Ps: if you trade with size and want to access the beta after this thread, hit my DMs 2/ The most important things I've learnt with crypto is that the best investments are not made into a coin. They are made investing into brains. Talents. People

Why buying $SOL and $FTT? Because I hella bet on @SBF_Alameda to keep moving forward