PlutoKocur(💙,🧡)

@tapioca_dao pearl club member
Anime lover #STEER @V2X_GG ⚙️

[Ignas @DefiIgnas]

Kraken is delisting key DeFi/Ethereum OG tokens due to low demand:

24-hour trading volumes:
- $CRV: ~$600K
- $SNX: ~$100K
- $KNC: ~$10K
- $BAL: ~$2K

Surprisingly, $EOS, which once raised $4.2B, only sees ~$100K in volume on Kraken.

For comparison, memecoins on Kraken show decent volumes: $POPCAT at $11M, $DOGE at $19M, and $WIF at $2.4M.

[Bold @boldleonidas]

Memecoins 101

[Ignas @DefiIgnas]

I often get invited to invest into KOL rounds.

I always reject***, despite possibly missing out on big gains.

The deals always come with conditions to shill with post quota. It's understandable.

But quite a few KOLs I talked to are tired of deals that often end up with broken promises leading to damaged relationships and (more recently) negative PnL.

I believe it's much better to invest in seed/private rounds via @echodotxyz or @legiondotcc or a similar product.

They offer more safeguards, clear terms, transparency, and no conditions to promote. No need for SAFTs or other annoyance.

Just sign with a Passkey and you're in.

New protocols should try to get onboarded on those platforms.

While they aren't strictly "KOL rounds," for both Echo and Legion, your social reputation is needed to access the deals.

I like this new private-public sale meta. Just early to say if profitable.

***Exceptions are Bubble maps and Vertex.

[Elon Musk @elonmusk]

Legacy media election interference

[Ignas @DefiIgnas]

Vitalik's timely post: What's next for Ethereum?

After the switch to proof of stake, and launch of blobs, Ethereum development is on decelerating path.

The first ten years of Ethereum have largely been a training stage: now Ethereum's ready to move beyond the enthusiast circle.

We have everything we need, Vitalik claims.

Txs cost below $0.05 and "today, we have all the tools we'll need [...] to build applications that are simultaneously cypherpunk and user-friendly."

So, the era of 2010s Ethereum is behind and 2020s Ethereum requires to:

• Built directly on L2s, not the L1
• Protect privacy by default vs publicity of Eth mainnet
• Anti-sybil should include centralized solutions (eg. SMS)
• Move to account abstraction wallets
• Prove your participation beyond balance of your ETH holdings

"Basically, Ethereum is no longer just a financial ecosystem."

Yet, L2s get a share of criticism:

L2s are far from being protected by code. Only five reached Stage 1 decentralization.

"The ecosystem's standards need to become stricter: so far, we have been lenient and accepted any project as long as it claims to be "on a path to decentralization".

By the end of the year, I think our standards should increase and we should only treat a project as a rollup if it has actually reached at least stage 1."

Overall, Ethereum scaling roadmap is not finished, but work will be more in-the-background.

Devs should start building tools for millions of people to use.

And our mindsets have to readjust accordingly.

[Ventory 🦠 @Ventory_gg]

GIVEAWAY EVENT

🎁Prize: 10 WL Spots for the @ravegamenft mainnet INO

✅Join Here: https://t.co/X3LajJHuSE

Complete Quests on @grinding_today for a chance to win❗

Stay tuned for many exciting events when @Venom_network_ mainnet arrives🔥
#NFT #Venom

[Ignas @DefiIgnas]

What's up with the crypto market?

After a two-week break from actively tracking it, I'm surprised by what's going on.

First, Ethereum Dencun is a massive success in reducing L2 fees, but Ethereum and L2 token performance is disappointing.

I expected a stronger $ETH rally pushed by 1) Dencun 2) ETH ETF speculation 3) Restaking narrative shifting attention to ETH.

But nah.

ETH failed to rally against BTC. L2 tokens perform even worse. And there's little FOMO for ETH ETF so far.

Next, $SOL is a gud coin.

Despite ETH Dencun upgrade and Solana network outage just a month ago, Solana continues to pump.

Is it the market pricing Firedancer upgrade? Or thanks to memecoins?

In any case, I missed the short lived memecoin season. Once again, memecoin mania marked the local market top.

Third, why is #BTC pumping so hard?

I remember reading expectations for BTC ATH in Dec 2024, but we've crossed it 9 months faster!

Why? Seems like CT is also at a loss of a clear explanation with ETH ETF "institutions coming" being the only explanation.

Bitcoin also shines bright for BTC NFTs.

While Pudgies and BAYC dumped by -50% in ETH, Bitcoin NFTs continued to rally with Nodemonkeys leading the pack.

Despite holding a pudgy, my bet is on Bitcoin NFTs for this cycle.

And with Runes protocol launching after the Bitcoin halving, I think bitcoin ecosystem offers better opportunities than Ethereum eco....

Finally, LRT season is almost here: The only thing that really excited me about Ethereum right now.

I expected EtherFi to launch the token first, and they didn't fail to deliver. Investment/listings on Binance & OKx are bullish and I expect other LRT token launches to follow soon.

Especially since Eigenlayer announced the mainnet start with multi-phased approach.

And since competition in LRT space is fierce, each LRT protocol will look for ways to stand out. For example, Swell is launching an L2...

Which leads to.... Zerion L2 announcement.

Monetizing for wallets in crypto is extremely challenging, so launching an L2 offers a nice excuse for a token with higher valuation.

Most probably other wallets will follow. I love it! More airdr0ps for us.

Overall, taking a few weeks off in a bull market can cost dearly in lost opportunities: I missed the whole memecoin season.

But some time off helps to get a new perspective on the market!

Need more time to catch up, so let me know what else I missed during these two-week period?

[hoeem @hooeem]

AI x Crypto protocols will make future millionaires in this cycle.

You’re crazy if you miss this opportunity of a lifetime, therefore I have:

> Read all whitepapers
> Found the top protocols
> Found upcoming airdrops

Here is your complete AI x Crypto protocol guide (bookmark it): 🧵👇

[Venom Network @Venom_network_]

Our mainnet launches on March 18, 2024!

This marks a major step forward for the Venom blockchain, the community and the space as a whole.

We're excited to have you with us, and your support is key as we continue to grow and improve.

[Linea.eth @LineaBuild]

the return of the king 👑

the tech is good again

[IGN @IGN]

Dune: Part Two is storming the box office already with over $12 million in previews, double the amount Dune saw in 2021.

Here's how to watch the epic sequel this weekend: https://t.co/Sjy9AofyQk

[PlutoKocur(💙,🧡) @PlutoKocur]

I just minted my favorite fox on @LineaBuild 🦊
#WeLikeTheFox

[Pendle @pendle_fi]

Liquidity has been flowing, and @ethena' USDe pool is a fan favorite!

USDe caps on Pendle have been raised to 150M to facilitate even more depth and trading.

[Linea.eth @LineaBuild]

Come cook with us #OnLinea✨🤝 #SheFiSummit

[Blur @blur_io]

Time for something new.

April.

[President Biden Archived @POTUS46Archive]

Being in law enforcement is harder than ever – we expect them to be everything.

That’s why I've invested in more crisis responders to engage with non-violent situations, better training for officers, and greater violence prevention measures.

[President Biden Archived @POTUS46Archive]

It was a year ago that my team and I arrived in Kyiv to declare without fear:

Our support for Ukraine will not waver, the world’s democracies will not be divided, and we will not tire.

[The DeFi Investor 🔎 @TheDeFinvestor]

Retail crypto trading volume increased by ~3x in the last quarter.

Our exit liquidity is coming back🤝

[Pendle @pendle_fi]

GM, it's Monday morning again but not every commute has to suck.

Take your yields for a ride on the Pendle #LRT 🚅

✅ Highest fixed yield for $ETH (39% Fixed APY)
✅ Single asset exposure + zero IL liquidity provision (44% Boosted APY)
✅ Accelerated points earning (Up to 29x)

[Jake Pahor @jake_pahor]

Aave, Gyroscope, and Beethoven X have something in common: they all leverage the powerful Balancer tech stack.

But brace yourself, because with the upcoming V3 launch, Balancer is about to unleash some truly game-changing upgrades.

Here's your February 2024 report on BAL.

🧵