YBPTJ Research

Searching for deep value in Digital assets

Discord: Yo Bro pass the J#1543

[YBPTJ Research @YBPTJ]

My favorite crypto holdings for 2020 (In order):
- $ETH
- $BTC
- $FTT
- $KNC
- $ZRX
- $LEND (Speculation bet)

[nicolas, 30 ans @nic_carter]

Anyone notice the bitcoin narrative shifting significantly, just in the last few weeks? No longer a curiosity or an afterthought, spoken of in the same breath as gold. Fully normalized. Significant change

[YBPTJ Research @YBPTJ]

@CheeseburgerCap What’s your opinion on the corporate debt situation?

[Spencer Noon 🕛 @spencernoon]

Note the timing: one hour before the majority of futures contracts start trading

The US govt is doing everything possible to stop the bleeding in the markets

The elephant in the room: what happens next if this doesn't work?

[Loopring💙 @loopringorg]

Take 2 📽️

Price of ETH still got you down? 🤦

Just remember the tech:

[UnknownEssence @Unknown_Essence]

The Case for Ethereum (if you haven't been following)

Protocol advances:
- 6 independent teams writing ETH 2 clients

- ETH2 testnet w/ staking live for 2+ months.

- inflation to be <1% w/ PoS

(cont.)

[Michael Batnick @michaelbatnick]

Two types of Coronavirus investors here:

The ones buying Zoom and Slack quoting Elon

And

The ones buying cruises and airlines and quoting Buffett

[dYdX @dYdX]

dYdX officially has the highest volume DAI market of any exchange 📈🚀

[Spencer Noon 🕛 @spencernoon]

Every single Flash Loan results in profitable trade for the borrower — otherwise it will not execute.

Just think about that.

This is the type of primitive that will make #DeFi the most efficient financial system in the history of the world.

[YBPTJ Research @YBPTJ]

@synthetix This is the contract that holds all the goodies to be distributed.

https://t.co/AXveGhpBfw

Already over 29k worth of $LRC :)

[YBPTJ Research @YBPTJ]

Also the $LRC token is below a 50M cap, and is a simple productive assets that pays stakers of the token back through rewards and a burn.

Similar token economics to @synthetix except for the debt pool risk, and the inflation. And we all know how big of a year $SNX had in 2019

[DeFi Dad ⟠ defidad.eth @DeFi_Dad]

Playing with @loopringorg today! So what is it?

➰A new non-custodial DEX on #Ethereum
➰No ID or KYC
➰Super high throughout (claims 2025 TPS)
➰Made possible using a construction called zkRollups

Here's a few quick tips/tricks if you try it out!👇

[YBPTJ Research @YBPTJ]

@caetuscap Lmao this is great

[Dave Portnoy @stoolpresidente]

I like when stocks go up not down

[Alex Svanevik 🐧 @ASvanevik]

Comparing 2 DAI-USDC markets:
@CoinbasePro: 0.50% fee
@CurveFinance: 0.04% fee

Yep, Coinbase charges 12.5x in fees (!).

But when including slippage, surely Coinbase beats https://t.co/GnlTeMi3fW ... ?

Nope:

[Compound Labs @compoundfinance]

Our goal is to create infrastructure that applications and developers can rely on, forever. Read about our plan to fully decentralize the Compound protocol --to create an indestructible, open protocol that can evolve in entirely new ways:

https://t.co/i1JAdyqw3B

[YBPTJ Research @YBPTJ]

First High speed DEX on Ethereum. With a simple productive asset ($LRC token) that can be staked to earn rewards.

At a sub 50M MC I think price action on this can be crazy in the next couple weeks. Especially if traction takes off.

[Coinbase Markets 🛡️ @CoinbaseMarkets]

Trading on our KNC/USD and KNC/BTC order books is about to begin. Order books will now enter post-only mode. Customers can post limit orders but there will be no matches (completed orders). The order book will be in post-only mode for a minimum of 1 min. https://t.co/NdfxFkJX1y

[YBPTJ Research @YBPTJ]

$LRC (@loopringorg ) is going to be the first high speed Dex on Ethereum, and is a sub 50M MC token that is also a simple productive asset.

I feel like the market is severely discounting this project

[YBPTJ Research @YBPTJ]

Based on a relative comps model $KNC is still undervalued in my opinion by 80.487M (MC). Katalyst should bring a more fair value for the token.

[Kyber Network @KyberNetwork]

KyberDAO and a new $KNC model will be launched in Q2!

$KNC will be the 1st staking token with a deflationary model, where token burn & rewards are determined by actual network usage & #DeFi growth🚀

✅Stake $KNC
✅Vote
✅Get rewarded in $ETH

Watch how📽 https://t.co/oVt47un7bq

[YBPTJ Research @YBPTJ]

I am adding to my current $KNC position on the next dip.

This project has the potential to return similar figures that $SNX did back in 2019 imo.

[YBPTJ Research @YBPTJ]

Will be interesting to see if Coinbase plans to add staking support for the the future Katalyst upgrade.

$KNC is rare example of an app based token that is undervalued based on comps. If coinbase allows staking like it did with $XTZ this MFer should fly.

[Coinbase Markets 🛡️ @CoinbaseMarkets]

On Monday, February 24, our KNC/USD, and KNC/BTC order books will enter transfer-only mode, accepting inbound transfers of KNC in supported regions. Orders cannot be placed or filled. Order books will be in transfer-only mode for a minimum of 12 hours. https://t.co/J026rDnr4k

[YBPTJ Research @YBPTJ]

I think that a fair MC value for $KNC should be closer to $ZRX.

Based on current future token-economics being released in Katalyst, and the current volume Kyber is producing. 97M cap still seems like a value steal in my eyes.