Jirasan will be back to where it belongs. One solid product like @HyperliquidX showed how real products win at the end of the day. Our focus has been on products and everything is lined up with @swipooor V1 launching this week followed by @flashxai followed by @RampXProtocol followed by @flipdotmeme apart from all the products that are live. All this year.
I know a few pissed coz TGE is delayed but I am positive the real ones understand we dont want to do a half cooked job and it is around the corner.
Our FP in a bear market with zero talks abt product and TGE was higher than current. This will change. Get ready for @swipooor in 2 days 🫡
This week's DeFi news👇
Pennsylvania introduced a bill to buy Bitcoin as a reserve asset
Chainlink’s technology started being used by Brazil’s central bank to build a trade finance solution
Sonic (prev. Fantom) announced that Sonic L1 will go live in December
dYdX released dYdX Unlimited, allowing anyone to launch new trading pairs
Mantle released Mantle DeFi Fest, a multi-week DeFi campaign, and announced that FBTC, its tokenized BTC solution, reached $1b in TVL
Curve Finance launched scrvUSD, Curve’s yield-bearing stablecoin
INFINIT released INFINIT Launcher, which allows launching tokens with an AI agent in minutes
Monad, a EVM Layer 1 that supports up to 10,000 TPS, began rolling out its testnet
Crypto ownership became legal in China
18 U.S. states sued Gary Gensler and the SEC over its treatment of the crypto industry
Injective launched iAgent, an SDK that enables anyone to create their own on-chain AI agent
MakerDAO (aka Sky) launched its USDS stablecoin on Solana
Pancakeswap released PancakeSwap Swap Bot on Telegram
And that's all for today.
If you enjoyed reading this, a like and a retweet would be much appreciated🫡
When will ETH start to pump?
I sent a newsletter issue covering:
• 3 headwinds that Ethereum is facing
• Why I remain optimistic about it
• ETH performance in the last 2 cycles
Check it out:
https://t.co/lzeWlN4peW
Wake up, babe; new staked $TANGO numbers are in.
The average staker on @Contango_xyz is getting around 403% APR at current volume numbers.
Mini Explainer (w/ some alpha) 🧵👇
USDe supply starting to go parabolic with >$700m added in the last 3 weeks, or more than the total supply of PayPal's $PYUSD or BUIDL
Expect that the @aave integration announced today will be a multi-billion supply sink for USDe within the next month, and two new CEX collateral listings are dropping within the next week
Buckle up
$APT Making big moves recently, both on the chart and in terms of news.
Bitwise launching an Aptos Staking ETP is good to drive more demand.
With that, price broke the important ~$10.4 level which has rejected quite a few times.
Clean price action, with thin air above here.
Tether minted 2B $USDT in just 2 days!
Where did these minted $USDT go?
2.54B $USDT has flowed from #Tether to exchanges since Nov 6!
A massive amount of money is being injected into the crypto market!
It's very easy to fade yield in a bull market.
But remember, if you're getting 30% on ETH and it does a 3X, you 4X your principal.
That's a whole extra X.
We are going to be turning Bangkok Nillion Blue next week 🟦
But we are also hosting an exclusive dinner with our friends over at @MaelstromFund@CryptoHayes
https://t.co/gan3V4lg5Y
I've been informed that my @Contango_xyz volume numbers were off.
The actual APR given current weekly volume trends of ~$100M would be...checks notes...2,350% APR
If you convert that into APY it becomes an OHM fork.
And again, this is FREE RANGE ORGANIC yield.
Check the volume for yourself here:
https://t.co/DdWnPcP4om
Zero1 Monthly Recap: October
We're here to share the latest advancements and give you a sneak peek at what's on the horizon.
Dive in with us as we uncover the key moments from October.
TL;DR:
- Partnership with the leading AI project @NEARProtocol, known for its extensive user base and strong developer support.
- Launch of Cypher's Testnet Phase One, designed exclusively for $DEAI stakers. Users can earn points through on-chain transactions.
- Launch of the Keymaker autonomous agent beta offering tools for creating, optimizing, and training agents for on-chain transactions and contract creation.
- @Seraphnet ($DLLM) has launched its MVP, and those testing or using it will receive an airdrop following the token generation event.
- Introduced an open staking vault for users to stake or withdraw anytime, earning $DEAI and future ZCP rewards.
- Released Cypher Technical Update 1, where we delve into Cypher's technical details.
- Sponsoring a mini hackathon at @ethkyiv_ua focused on AI and FHE technology, offering a prize pool and grants for grassroots teams.
Check out the blog post below for an in-depth look at our latest activities and what's on the horizon.
👉 https://t.co/87n3v5BBjV