Chizuru 247

[Benjamin Cowen @benjamincowen]

To those that keep calling for ALT Season:

In order for ALT Season to happen, ETH needs to go to $5k+ and hold it as support.

For ETH to go to $5k *AND* hold it as support, it means BTC needs to also go to all time highs.

The process of BTC going to all time highs would make BTC dominance go higher, just like it has all cycle.

So the only way to get an "ALT Season" is for BTC.D to first go up as BTC goes to new highs.

If that does not happen, then ALT Season does not happen.

So while the gurus sit out here and yap about BTC.D dropping now and they shill their shitcoins once again, just remember in order to get what they want, they first have to be wrong.

AGAIN.

[Chaos Labs @chaoslabs]

.@BenqiFinance has efficiently processed $6.3M in liquidations over the last 24 hours. Thanks to the safe parameterization of assets, the protocol has also seen a 10% reduction in bad debt.

Here's a breakdown of key insights 🧵

[zaimiri @zaimiri]

You missed Solana Memecoins.

You missed AI Agents on Base.

Don't miss the next narrative on AVAX.

Here's everything you need to know: ↓

[Eric Kang @exk200]

Pretty clear CT is very underexposed to the @avax ecosystem. This creates asymmetric opportunities that bubble up and explode given time. Things are heating up 🔥🔺

[defizard @belizardd]

Explain Like I'm 5: @pendle_fi.

🧵: What is Principal Token (PT).

[Patrick🔺 @Patrick_DefiGuy]

Unlock the secrets to earning $5000+ monthly on Avalanche.

Liquidity or not, this thread is your ticket to financial freedom 🧵👇

[Avalanche🔺 @avax]

adoption

[Mash @MashXD]

You looking for a network that has everything? Look at $AVAX 🔺

👉 AI
👉 Games
👉 Memecoins
👉 RWAs
👉 NFTs
👉 Defi
👉 Staking/Yield farming
👉 Social Fi
👉 Institutional backing

It is quite literally the everything network.

[Chizuru 247 @247Ageha]

@Avax_insider $joe

[LFJ.gg @LFJ_gg]

Trading Volume hits a local high in November.

$5.4bn of trading volume was facilitated on the LFJ Exchange.

Can't stop. Won't stop.

[LFJ.gg @LFJ_gg]

GM JOE Community

[LFJ.gg @LFJ_gg]

Token Mill is live on @solana

Launch, earn and grow your community.

Important Links:

➡���Learn More: https://t.co/4OC98X4UbW

➡️Platform Link: https://t.co/7BuXcAA5MT

➡️User Docs: https://t.co/2zwUqlf74E

➡️Community: https://t.co/voyfLwfxyF

___________

Please note congestion may cause some transactions to fail and the devs are working to squash bugs and iterate on the UX during this initial launch period.

If you find a bug and want to report it, join the LFJ discord and open a support ticket.

[LFJ.gg @LFJ_gg]

Looking for a better #Bitcoin in DeFi?

Look no further - $BTC.b is here.

🧱 Composable
🌐 Omnichain
🔐 Secure

__________________

���� Context - $wBTC
The primary way to use Bitcoin in DeFi has been to rely on the centralised bridge that is $wBTC. Now, with the recent changes on the custody of $wBTC, there is a greater cause for concern over the consolidation of such a large asset in DeFi.
__________________

🎈 Learn about $BTC.b
BTC.b is a tokenized version of Bitcoin on the Avalanche blockchain, bridged via @LayerZero_Labs tech. BTC.b when entering Avalanche or elsewhere is ERC-20 and OFT as standard, this enables holders to engage in #DeFi across #Avalanche but also other chains, such as #Arbitrum and more. It's fast, cheap, secure - just as you'd expect any token in DeFi to be.
__________________

🌉 How does the $BTC.b Bridge work?
BTC.b is minted onto Avalanche through a decentralized bridge accessible to anyone. The bridge is managed by a secure SGX enclave, which is overseen by a consortium of trusted partners known as 'Wardens.'

These Wardens use remote attestation technology to ensure that the bridge operates securely within the enclave and that it runs an audited version of the code.
__________________

👨‍🔬 More about SGX
SGX technology is a key innovation for cross-chain interoperability, offering security and cost-efficiency. While the SGX enclave itself ensures security, decentralization is achieved through the network of Warden nodes, making it a vital feature for any token in #DeFi 👍

__________________

👑 How to get $BTC.b?

1️⃣ Holding $BTC
If you hold $BTC and want to use it in #DeFi, you can bridge it directly using the @coreapp.

2️⃣ Exchanging $wBTC
If you hold $wBTC and want to exchange it for $BTC.b, the process will depend on the chain where you hold your $wBTC. The simplest approach is to exchange your $wBTC for another coin, bridge that to #Avalanche, and then swap it for $BTC.b on @TraderJoe_xyz, which offers the deepest onchain liquidity for your swapping needs.

__________________

There are NO links in this post.

[LFJ.gg @LFJ_gg]

Expect more, expect Joe.

[LFJ.gg @LFJ_gg]

Survived the pits and perils of DeFi? Congrats.

If you've made it this far...

Get ready to grab a can of BOOST ⚡

Coming to Trader Joe, on #Avalanche 🔺

⏳

[LFJ.gg @LFJ_gg]

Engage Boost-ers?

🔺

[LFJ.gg @LFJ_gg]

Access Avalanche with Joe 🔺

The onchain marketplace for the #Avalanche ecosystem. Home to the many, new and old...

... It's nearly time for a Boost ⚡

[Emperor Osmo 🐂 🎯 @Flowslikeosmo]

Just boosted my $AVAX stack big time.

- ACP-77 Upgrade
- Robust gaming partnerships
- RWA narrative on the rise

$25 will seem like a joke soon.