pretzel

kneader of dough

[croissant @CroissantEth]

What we have been cooking up with .@thebakerydao is something incredible…

I’ll write a thread with 𝘢𝘭𝘭 the alpha about it in the next day or two, but before then I’ll leave you guys with this 𝐥𝐢𝐭𝐭𝐥𝐞 preview.

web 3.0 + NFTs are about to get serious… 🍞

[croissant @CroissantEth]

Here you go .@elonmusk

For more than a year now I have been working on a cumulative effort to showcase the unique features of web3 & NFTs.

Allow me to explain my experience with this… 🥐

[croissant @CroissantEth]

The recent Congressional hearing was one of the most bullish events for crypto in all of 2021.

It represented a clear change in momentum, as legislators begin to understand the true magic of the blockchain…

In this thread I’ll compile the best highlights from the hearing! 🥐

[croissant @CroissantEth]

ETH is well on its way to becoming one of the most productive assets in the world.

Don’t believe me? Just have a look at this thread… 🥐

[pretzel @PretzelEth]

testing...

[croissant @CroissantEth]

For the past few weeks, developers at Metamask have been hinting at a potential token

This would be the largest Ethereum wallet, with over 10,000,000 monthly users on their platform to drop a token

I believe it will be huge… Let’s discuss! 🦊

[pretzel @PretzelEth]

The market is the most illiquid its been in several years with the most attention its ever had.

NFTs are exploding and burning billions of dollars worth of ETH, at the same layer two networks are beginning to flourish.

Remind me, why are people bearish?
https://t.co/tDxUrEvD4D

[croissant @CroissantEth]

At some point we have to ask, with:

-26% of $ETH locked in smart contracts
-$116B TVL in DeFi
-5.5% of $ETH staked
-EIP-1559 on pace to burn $4.5B worth of $ETH this year
-liquidity pools
-exchange balances reaching 3 year lows

how much of $ETH supply is ACTUALLY circulating?

[pretzel @PretzelEth]

'nuff said. 🥨

[pretzel @PretzelEth]

hello world.