Elliot❤ Memecoin
85 posts

Elliot❤ Memecoin
@ieracenegeene
#Bitcoin #Cryptocurrency $ETH\nDefi-Degen/NFT Collector/Web3.0\nBitcoin dimond hand

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gn tweet (long tweet) 1) a few thoughts on @friendtech: I think they're doing it right BUT I won't personally take part into it (as in, downloading the app and linking this account). It may be possible (or not) that at some point a @NEONprotocolio account there is created, as soon as it goes live on Base, in which case I'll find a way to help. I also think that even if execution is very good, at the end of the day it won't change my bearish outlook on this kind of (social) applications. The social moat is a bit too deep and people will stop caring earlier than that, especially in this space where the most focused actor has severe adhd. Even if it becomes a niche thing which substitutes paid groups, it'll probably be a net positive for the space. Airdrop may or may not be interesting. The real cool thing is that people (i.e. @0xSisyphus @0xfoobar @VelocimeterDEX @0xsubmerged ) have already started building on the top of it, which gives it way way better chances than anything else that existed in the past in this subsector. This unlocks way more possibility: for projects adding shares to their platforms to do good cheap marketing, for people to attribute values to their own shares, for friend tech to increase traction. $BVM may even become a nice lowcap beta for people unable to afford the "easy gains" friend shares, but I still think at this point is way better to gun for shares. 2) Base >> Mantle, over for Mantle? still think @0xMantle will do well in the coming months but the more @BuildOnBase manages to stay on the top of the tide, the more it gets delayed. Not only projects expanding to Mantle but some original ones aswell. I.e. @ReaxFinance is basically executing og Havven on Mantle, @0xsubmerged published the details of their sale/raise (between others, take a look at his tweet). Not doing it, but I've farmed some locked tokens and I'll follow closely. Generally speaking, it's hard already to execute lending protocols, if you add synths It probably gets even harder (which is the reason i'm not buying for now). Actually Base had some originality too, apart from FT, I remember hearing about a protocol which does launchpads/IFOs with the overflow method but even the people overflowing keep farming vested tokens in the meanwhile? This is a good improvement over the original version imo, can't remember what is the platform called. Apart from farming, I'm not doing much on any of the two chains though. a few new protocols: 3) @logarithm_fi I'm always fascinated by projects or people trying to achieve one-click or easy dn onchain, usually people completely fail at eliminating IL: their strategies are dumby (i.e. Bancor) or absolutely risky. 4) @ivx_fi now there are probably as many options protocols as options traders in crypto rn, but there are a few considerations. Options are widely used and crypto is still in the process of further sophistication, so it's not unlikely that we'll see options protocols gain some success in the future (next cycle? further away? who knows). I've already spoken about a couple protocols which are working on interesting stuff (i.e. Blue from @PremiaFinance , @aori_io 's model and RF...) and i'm adding IVX to the list. Apparently built by an ex y2k chad, leveraging on 0-DTE addiction and building on the top of @GMX_IO (as is the previous protocol I've spoken about tbf). 5) @neworderDAO merger Not holding the token since a lot of time but ngl $NEWO has been one of my biggest delusions this cycle. They seem to be able to prop up really good protocols (thinking @redactedcartel @y2kfinance) with somewhat original content and very very good marketing / branding but somehow they didn't manage to capitalize on it. In the last turn of events, citing disallignement bw NEWO holders and incubated projects. This means early unlock for vested tokens and 1:1 conversion to the new project's (15 mos vested) tokens (@synonymfinance). To be noted that this is still in discussions and not finalized and it's not even the first time that people bring up mergers for Newo. This time it'll probably go through though. Full proposal here: snapshot.org/#/neworderdao.… Also good thread by @HamDefi 6) @safe {Core} Trying to tackle the transition to Smart Accounts/Wallets via standardization of modules, portability (bw various providers) and registries of safe/secure smart contracts to avoid doom vulnerabilities/exploits scenarios. There is certainly the need for this effort tbh, people aren't going to transition if the only advantage is social recovery with a very broken and non composible UX. If there are people who can try to do this, it's certainly the safe team. Also, wen $SAFE 7) DeGods situation So, i'm short Degods since the other day (please let the price crash before the platform i'm using goes bankrupt again), Machi owning that much of the supply is definitely bearish and all the bozos talking about "buying 200 each otc" are, indeed, bozos and they could just set up a 200 buy order on Blur if they wanted to (they don't). Also Degods seems one of the worst pricey collections tbh constantly pivoting from one chain to another to capitalize on current attention. Bleah. Send it to zero (or at least a lil bit down so that another liq cascade on Blend can begin). Some more NFTs thoughts: 8) Now that the big guys are in, $FLOOR perspectives are even better. Worst case scenario, it's good exposure to good nfts trading at a discount to treasury. Best case scenario, you get to actually rfv it (and then you can hold, sell and buy direct nft exposure or just sell and call it a day). 9) @anataNFT update: x.com/dcfgod/status/… Honestly looks quite interesting, i mean those are the kind of stuff people actually look forward to and i guess the capital to execute is definitely there. Is it a 0.7 eth worth thing? Eh maybe. I've bought an odd one off the floor and I'll be looking into what they do. I had another bit ready about the recent (but maybe old already) $GNS tokenomics revamp. Still, after reading @FroyoFren 's thread on $GMX I've started thinking i could do a separate one with some thoughts on how volatility impact the perp dex category, how CEXes tokens prices are connected to this and a couple ideas of how i may trade this category going forward. Thoughts on this are still in a pangea form, so it may come later. Also, I'm stretched out on liquidity unless I put more stables to work than I'm comfortable with and I'm downloading Baldur's so expect more shitposting, less executed trades. Will still share all the thoughts and trade ideas obviously but it's unlikely I'll be able to execute many more cumulatively unless one of the airdrops hit or I manage to close one of the trades,












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