Ouroboros Research

Welcome to Ouroboros Research. This is where we will cover our top high conviction picks within the crypto space - ranging from i) large caps to small caps and ii) long term to tactical ideas. We’ll go through project overviews, catalysts, interviews with founders.

1/ $COOK allocations are out and there are 4 ways to farm the token put together a bunch of calculations to see which is the most +ev way to farm cook strategies range from 17% APY to 190% APY

3/ For CHZ, we’ve seen historically how such sporting events lead to ~80% outperformance before the event. Additionally, we see a narrative forming around fan tokens with additional catalysts from the Dragon8 chain upgrade (smart contracts + dApps) and partnerships (eg. Azuro).

2/ For RLB, this will be a significant revenue event - sportsbetting now generates ~30-40% of its revenue, and we believe this could rise to more than half. Sentiment on the token is at a low and we see an incentive for the team to promote the token into such a large sporting event to drive attention to the platform.

1/ We see EURO 2024 as a significant event for sports related tokens such as $RLB and $CHZ. Euro 2024 happens in June to July 2024. With over 5.2b viewers in UEFA EURO 2020 (held in 2021 due to COVID), we think this will significant incremental attention. Authors: @OuroborosCap8, @MenyaResearch, @0xMize

9/ In short, $STX: - Will see its biggest ever upgrade, 100x improvement in block times - Has emissions halving, lowering annual sell pressure by -$60m - sBTC launching as a superior solution to other BTC wrappers $ALEX should also benefit Long-form / discussion in bio.

8/ We also see ALEX as the ecosystem play as Nakamoto comes live for various reasons: - ALEX is the primary dApp on STX - Nakamoto exponentially benefits ALEX's KPIs - Potential airdrops from sister projects

1/ We think STX's Nakamoto upgrade is a catalyst that hasn't received enough attention Block times improving 100x should see $STX and $ALEX re-rating Authors: @0xMize, @OuroborosCap8, @0xRamenUmai

Some high level thoughts on EigenLayer: Airdrop execution wasn't exactly the best, with comms issues re: DeFi integrations. This has been rectified. Season 1's end being backdated is (in our view) not a good practice We've seen how STRK's token go-live = vesting begins (and not from airdrop date). EigenLayer has not mentioned when vesting begins yet but we believe it should be from when transferability is enabled $EIGEN = $18 and each point = $0.46 at $30b FDV x.com/eigenfoundatio…

Been scooping up some ETHFI at these levels on the back of today’s LRT FUD. All of the information below is public but I think it was likely either under-telegraphed or better contextualised to me during my lunch with founder @MikeSilagadze in Dubai. Thesis: - ETHFi ability to withdraw stands out in this LRT FUD - With its mobile app Cash, ETHFi will take its first step towards becoming a super app. Not just to crypto users but also normal users. - Token value accrual coming soon.

This is correct. We have more than 80% market share amongst dedicated web3 gaming platforms. You can scrape the on chain data yourself just like @OuroResearch 🤝

17/ In short, $RON = Retail Beta + Superior Fundamentals + Undervalued + Several Re-rating Catalysts Given its superior metrics, we see RON minimally trading to BEAM / IMX’s MCap, which implies a +60% / +260% upside Long-form / discussion in bio

16/ Catalyst #5: Ronin’s head researcher Phuc Thai has teased a Layer-2 ZK implementation, R2 This allows Ronin to not only increase its performance and capacity but also onboard games that prefer more blockchain customization twitter.com/Ronin_Network/…

1/ GameFi has had a tough two years, with unlocks dominating price action. As retail comes back, we think the sector will catch a bid In our view, the best GameFi bet is @Ronin_Network and see $RON as the fastest horse Research by: @0xYaro, @0xRamenUmai