Making money in a bull run is easy.
Keeping it is the hard thing.
Knowing when to EXIT the market is fundamental.
Here's what valuations the Top 100 will reach 👇
Gelato $GEL is one of my strongest convictions in this cycle.
• Used by top-tier teams like @AstarNetwork and @Lisk
• Integrated with 400+ services, and tools
• Infrastructure play
• Building the future of web3 rails with RaaS
Comprehensive @gelatonetwork product report ↓
I spent 20+ hours sifting through 14 institutional research reports (1000+ pages), so you don't have to.
My findings were mind-blowing.
🧵: Learn which trends the big institutions like Coinbase, a16z, JP Morgan, Fidelity & Messari are bullish on in 2024 and beyond.👇
Cosmos Ecosystem Map & Ultimate Staking Guide 🧵
- Stake 25 $ATOM on Keplr/Leap
- Stake 25 $TIA on Keplr/Leap
- Stake 160 $OSMO on Keplr/Leap
- Stake 250 $SEI on Sei Network App/Leap
- Stake 10 $INJ on Keplr/Leap/Injective Hub
- Stake 50 $KUJI on Kujira Blue/Leap
- Stake 100 $AXL on Keplr/Leap
- Stake 1000 $STARS on Keplr/Leap
- Stake 100 $JUNO on Keplr/Leap
- Stake 500 $EVMOS on Keplr/Leap
- Stake 10 $TIA on @milky_way_zone
- Stake 100 $SEI on @Kryptonite_fi
- Provide $200 liquidity on @osmosiszone for any pool
- Stake $DYM (when it goes live) for $AVAIL
Also, explore in this thread:
• Recommendations for minimum stake amounts
• Eligible rewards
• Validator selection
• Pro tips for maximizing capital
�� ⇩ ⇩
9/ In 2023, developers are building across many interconnected clusters of ecosystems.
We can dig in to see which chains share developers with other chains.
The Fed: A Multi-Part Series
- QE doesn’t do anything & isn't money printing
- The Fed’s balance sheet is a fiction
- QE doesn't create inflation
- The Fed doesn't control interest rates
If you'll indulge me & let me defend these claims
A psychological & technical breakdown 🧵
24 crypto predictions for 2024
Unlike other threads put in as many hard numbers for these predictions to make them quantifiable.
Also tried to call out as many start-ups/hidden gems as possible. Most launching in Q1.
15 for 25 last year.
Can we do better this year? NFA
#DePIN is a Trillion Dollar opportunity for #Crypto over the next few years.
Many #DePIN projects will 20-50x from here.
After months of research, these are my Top 10 DePIN #Altcoins for the Bull Run 🧵👇
With BTC at $41,000, December could be a very good month for alts.
My current watchlist📜
$FXS - Frax is one the protocols with the most # of catalysts coming up. The largest being the launch of fraxchain w/ frxETH natively integrated (soon). Also eyeing the BAMM launch. Finally: FXS inflation halving and increased veFXS revenue share once FRAX is fully collateralized.
$PENDLE - TVL remains in a steady uptrend and will likely continue to do so. Large VC interest recently (Spartan Group strategic round) and strong price action. More native CEX wallet integrations also a potential catalyst.
$SNX - Andromeda is one of the largest upgrades Synthetix has ever seen: Launch on Base, Core V3, Perps V3, USDC as collateral instead of SNX, Integrator fee share (20%) and finally SNX Fee Share (50%) via buyback and burn.
$TIA - Now at nearly $10bn FDV so potentially limited upside. On the other hand, crypto is an attention economy and TIA remains one of the most traded alts. Seems to be attracting all the money that otherwise would have flown into L2 coins.
$PNP - Pendle beta play. Penpie controls 36% of the entire vePENDLE supply and therefore has a lot of control over the PENDLE pool emissions. Has further contributed 42% of the entire Pendle TVL and is close to reaching $100m in TVL.
$COW - Cow Swap will most likely be turning on the fee switch via what appears to be a COW token buyback design. COW has seen a large rally in Nov. For reference however, 1INCH mcap is still 8.3x larger. Also fits into intent-based narrative.
$DYDX - V4 frontend is finally live. $20m in additional incentives on top of regular trading rewards distributed 80% to traders and 20% to market makers over the next 6 months. With volatility back in the market, on-chain derivatives are most likely going to see increased revenue.
$SOL - Similar thesis as TIA. The Solana ecosystem further seems to be growing steadily and still with several airdrops coming up. The launch of Eclipse also interesting and could attract more TVL to Solana dapps which launch there.
$LINK - Leader of alts. LINK staking v0.2 going live with early access starting Dec 7th and v0.1 stakers having to migrate before then.
$RLB - Weird PA cause of large selloff despite very high burn rate currently (1-2m RLB/day). Allegedly some early whales selling but could just as well be team selling via the Rollbit orderbook. Nonetheless, wouldn't be surprised to see the token take off at some point.
Celestia's $12B FDV impressively proves the value of DA layers.
What if I told you there is an app-specific ZK rollup...
🚀 Valued at only $25M
🚀 With decentralized sequencing
🚀 Using Danksharding principles
🚀 With a live token
...aiming to scale rollup DA?
Mega Alpha-🧵
Airdrops can be a goldmine if you're early.
I made $25K in last 1 month with $JTO $BLUR $PYTH
Now, the spotlight is on $SOL. And your chance to be ahead of the curve on $INJ
I present to you “INJECTIVE AIRDROP SAGA”
An ultimate guide to farm Tokenless protocols on INJ
🧵1/
Undoubtedly, crypto and AI are contenders to be among the most disruptive technologies of the decade. Today we explore one protocol incentivizing the production of intelligence, Bittensor ($TAO) 🧵 👇
The #Arbitrum STIP has come to an end, and 50m $ARB have been distributed to 30 projects.
I've pored over every project proposal, uncovering their bold visions powered by these grants. 📚💡
If you want the whole spreadsheet just comment below & now let's take a look at every project in detail.
But before we have look at the projects be aware, that granted funds are expected to be distributed by the end of January 31, 2024. $ARB will enter the market in droves as a result of this, but it will also lead to some great opportunities for users who engage with these protocols. @arbitrum grant season is incoming 🚀.
The distribution amount in some proposals was not updated despite updating their ask. That's why grant sizes sometimes don't match distributions.
1⃣ @CamelotDEX, Grant Size: 3.09m
Proposal: https://t.co/4PiiepLcDM
▶️ Camelot will incentivize liquidity pools across several main categories, with pool-level granularity included in the following spreadsheets: https://t.co/smK9gsQLI7
2⃣ @JonesDAO_io, Grant Size: 2m
Proposal: https://t.co/8omFxJ74ke
▶️ 1.3m ARB for $jGLP & $jUSDC
This will essentially double the yield of both $jUSDC & $jGLP.
▶️ 350k ARB for $wjAURA
This 350,000 ARB token incentive will be given to depositors who bridge their $wjAURA to #Arbitrum, attracting greater $AURA liquidity. Based on calculations this will double the yield.
▶️ 350k ARB for MV2 & Smart LP Strategy
Metavaults found success in its first iteration, and plans are in effect for it to return with a revitalized architecture before the end of the year. Jones must direct incentives to MV2 in order to incentivize new LP holders & partners to bootstrap this novel approach for liquidity optimization.
The Smart LP strategy that Jones is currently testing and is yet to be announced. It will allow users to provide liquidity on V3 exchange architecture in an automatic, algorithmic way.
3⃣ @dopex_io, Grant Size: 1.5m
Proposal: https://t.co/X09704b7hd
▶️ 675k ARB for RDPX V2 Receipt tokens stakers
Users deposit their receipt tokens into the staking contract and receive the additional ARB rewards every 2 weeks based on TVL and staking time.
▶️ 225k ARB for RDPX V2 Perpetual put vault deposits
LPs will lock their assets and receive arb rewards based on % share deposited for perp put vault.
▶️ 600k ARB for Dopex V2 CLAMM LPs
Users deposit their CLAMM LPS with us and earn additional ARB rewards based on the TVL/time LPs are locked.
4⃣ @GMX_IO, Grant Size: 12m
Proposal: https://t.co/She0knA3ae
▶️ 6m ARB for trading incentives including trading contests Avg. trading fees for GMX V2 is 0.06%. It is proposed that combined trading fees and rebates can bring average fees to a level comparable to Binance VIP0 levels, which is 0.02%. The initial epoch will be set at 300,000 ARB per week and will continue to be adjusted both in length and values within the existing maximum budget approval. The remaining amounts will be allocated mainly between trading contests & targeted CEX campaigns.
▶️ 6m ARB towards liquidity incentives
Currently GMX V2 has, at times, reached the maximum liquidity capacity for traders. The primary mode of distribution of liquidity incentives will be directed at V2 markets. A portion of the Flexible distribution may also be utilized to test out incentives for minting / redeeming of GM tokens.
▶️ 2m ARB to support protocols with integrations
This allocation will support protocols and integrations that haven’t or were not eligible to participate directly in STIP, but which support the adoption of GMX V2.
5⃣ @Galxe, Grant Size: 500k
Proposal: https://t.co/XOVTt8vHVb
▶️ The 500,000 ARB that will go directly towards incentivizing and rewarding participating users in Arbitrum campaigns only.
6⃣ @LodestarFinance, Grant Size: 750k
Proposal: https://t.co/HbDjWl73UK
▶️ Market and gauge participants will be compensated directly with ARB tokens for their participation in the protocol. Two snapshots will be taken each week, one during the first half and one during the second half. The timings of the snapshots will not be publicly disclosed to prevent users from gaming the rewards system. For each protocol user, weekly ARB distribution is calculated by taking the sum of their total supply and borrow balances (in $ETH) and dividing by the Protocol’s total supply and borrowed balances (in $ETH). The user’s final weekly eligible rewards will be the average of eligible rewards between snapshots. A third snapshot will be taken at the end of the epoch to calculate the users’ voting power and participation. The user’s calculated eligible rewards will be #airdropped directly to their wallet.
7⃣ @SocketDotTech, Grant Size: 1m
Proposal: https://t.co/uToeXcDkuO
▶️ 700K ARB for users bridging to Arbitrum One through Socket API/SDK contracts
Every user that onboards to Arbitrum via Socket via their partner apps (bridging/cross-chain deposits) will have 80% of their total onboarding fees refunded in ARB. The total onboarding fee includes the total GAS spent + the bridging fee from the underlying bridges.
▶️ 200k ARB for users bridging to Arbitrum Orbit Chains via Socket SuperBridge (0 cost L2-L3 bridging)
Every user that onboards to Orbit Chains via Socket SuperBridge, will have 80% of their total onboarding fees refunded in ARB. The total onboarding fee includes the total GAS spent + the bridging fee from the underlying bridges.
▶️ 100k ARB for users bridging SuperTokens (Sovereign token standard) into Arbitrum One/Orbit chains
Every user that bridges Supertoken between Arbitrum and Orbit chains will receive bridge rebates. This will help strengthen the adoption of LSTs / stablecoins / governance tokens on Arbitrum.
8⃣ @TimeswapLabs, Grant Size: 200k
Proposal: https://t.co/idmG0RTTYe
▶️ 100% of the allocations will be used for liquidity mining incentives to be distributed to end users.
40% of the grant allocated as incentives to ARB markets, 30% of the grant allocated as incentives to ETH market, 30% of the grant allocated as incentives to other markets.
9⃣ @RDNTCapital, Grant Size: 2.852.044
Proposal: https://t.co/JKNlKeOUNm
▶️ 0 to 2,060,440 ARB airdrop for new lenders & dynamic liquidity provider
▶️ 0 to 483,516 ARB airdrop for GMX v2 BTC & ETH GM Lender
▶️ 28,062 to 242,154 ARB incentives for Camelot v3 + Dopex v2 RDNT/ETH Liquidity Incentives
▶️ 9,890 to 65,934 ARB incentives for plsRDNT
The amount of ARB granted requires achieving the proposed milestones in their transparency report, that can be found here: https://t.co/vmox4VqXb2
🔟 @pendle_fi, Grant Size: 2m
Proposal: https://t.co/qzuTjHxS1C
▶️ Pendle Pools
1.1m ARB will be allocated to the Pendle pools on Arbitrum to deepen liquidity.
▶️ Pendle Campaign
800k ARB will be allocated to campaigns to increase activity and trading volume for the Pendle markets on Arbitrum. This can include a trading campaign or Pendle's campaign page.
▶️ Pendle Integration
100k ARB will be allocated for users to explore ecosystem integrations that have integrated the Pendle protocol on Arbitrum.
1⃣1⃣ @muxprotocol, Grant Size: 6m
Proposal: https://t.co/NOYpnhgrZa
▶️ 6m ARB to directly rebate trading fees for traders
All trading fees that traders spend on any integrated protocols (currently GMX V1, GMX V2, Gains and MUX native pool) during the campaign will be tracked. MUX aggregator will distribute trade fee rebates to traders weekly on Thursdays in the form of ARB tokens. Upon distribution, the number of ARB tokens rebated is calculated based on traders’ weekly trading fees and the real-time ARB token price.
1⃣2⃣ @fraxfinance, Grant Size: 1.5m
Proposal: https://t.co/aGcwVMLWcV
▶️ The 1.5m ARB will be used to incentivize users of both Frax stablecoins and staked ETH tokens. Frax incentive structure is designed to directly correlate with the TVL and trading volume of pools and vaults within the ecosystem. This means that as TVL and trading activity increase, so do the rewards for liquidity providers, creating a mutually beneficial relationship that stimulates liquidity growth and ecosystem expansion. Moreover, during the initial month following the creation of a new pool or vault, Frax Finance will match the incentives provided by partners for the pool or vault.
1���3⃣ @tallyxyz, Grant Size: 200k
Proposal: https://t.co/vuGQAjv8Ul
▶️ The purpose of this grant is to incentivize growth of the DAO ecosystem on Arbitrum and Arbitrum Nova. They plan to offer an average grant size of 10k ARB to incentivize ~20 protocols to grow their DAOs on Arbitrum.
1⃣4⃣ @ryskfinance, Grant Size: 500k
Proposal: https://t.co/Rpil4yQcAv
▶️ 250k ARB as incentive for traders
Rysk traders will be eligible on a weekly basis for a share of ARB as a function of the volumes traded and the impact of the trades to reduce the DHV exposure and risk.
▶️ 250k ARB as incentives for liquidity providers
Rysk DHV depositors will be eligible on a weekly basis for a share of ARB based on their capital proportion in the pool.
1⃣5⃣ @SiloFinance, Grant Size: 1m
Proposal: https://t.co/5VuPos2TFY
▶️ 100% allocated to incentivizing deposit/borrow actions in 16 isolated lending markets that meet the following criteria: Resilient oracles for all underlying assets in the market & Sufficient DEX liquidity.
You can read the distribution framework here: https://t.co/c3lwQJTr1E
1⃣6⃣ @stellaxyz_, Grant Size: 186k
Proposal: https://t.co/L6cJeSTHmw
▶️ 66K ARB for Stella Strategies
Stella will provide additional 20% yields for leveragoors on top of their profitable positions.
▶️ 120K ARB for Stella Lending pools
Stella currently offers 3-10% APY in real yield on popular lending pairs. Stella is going to launch additional strategies and needs an additional ~2-5% in lending APY on these assets to be more competitive and help bootstrap initial liquidity. To achieve the additional 5% APY, they will utilize the 120k ARB in incentives over the period of 14 weeks.
1⃣7⃣ @goodentrylabs, Grant Size: 200k
Proposal: https://t.co/nANHAsa9Ql
▶️ 200,000 ARB over a three month period to the Good Entry EzVaults with a rewards target at ~8% with an assumption of $10,000,000 TVL.
1⃣8⃣ @GammaStrategies, Grant Size: 750k
Proposal: https://t.co/hHDyZWBMdr
▶️ Gamma will distribute 250,000 ARB monthly for three months to liquidity providers who participate in qualified Gamma vaults built on top of liquidity pools of theirr six currently supported AMMs.
1⃣9⃣ @UmamiDao, Grant Size: 750k
Proposal: https://t.co/acq1pe2VdF
▶️ The 750,000 ARB will be wholly allocated to incentivize their GLP vaults on Arbitrum. Their aim is to strategically weigh incentives to maximize TVL, thereby optimizing internal netting performance. To start they will target: 40% to glpUSDCb, 30% to glpETHb, 28% to glpBTCb, 1% to glpLINKb and 1% to glpUNIb.
2⃣0⃣ @MIM_Spell, Grant Size: 1.5m
Proposal: https://t.co/LHEqelbkeI
▶️ 750K ARB for MIM Market Making Incentives
Phase 1 of their strategy is primarily centered around the expansion of substantial MIM liquidity, particularly against stable assets, directly on the Arbitrum network.
▶️600k ARB for Direct Borrow Incentives
The next strategic step involves implementing direct borrow incentives to provide an additional boost to the development of Arbitrum native products, such as ARB-focused LP tokens and GM tokens.
▶️ 150k ARB for Native MIM Savings Rate
Phase 3, promises an exciting opportunity to witness the MIM Savings Rate mechanism in full action. During this phase, the incentives for the MIM Savings Rate will be optimized for efficiency and effectiveness, distinguishing it from the earlier liquidity mining incentives.
2⃣1⃣ @KyberNetwork, Grant Size: 1.5m
Proposal: https://t.co/DF7Nq0VUdd
▶️ 100% will be used for liquidity mining incentives.
2⃣2⃣ @OpenOceanGlobal, Grant Size: 500k
Proposal: https://t.co/teOmy7dSsN
▶️ 175K ARB for Swap Trading Cost Rebates
The funds allocated for swap trading cost rebates will be used to provide refund to users based on their trading volumes and trading frequency.
▶️ 100K ARB for Inbound Cross-Chain Swap Incentives
The funds will be used to provide incentives for users who migrate their assets from other chains to Arbitrum. This will involve designing attractive reward structures that encourage cross-chain activity.
▶️ 100K ARB for Referral Program Incentive Emission
The allocated funds will be used to provide referral rewards and bonuses to users who refer others to Arbitrum.
▶️ 125K ARB for Partnership Incentive Program to traders
Funds will be used to support co-partnership incentive program to traders, joint initiatives, and rewards for users of partner projects that enhance the Arbitrum network.
2⃣3⃣ @AngleProtocol, Grant Size: 700k
Proposal: https://t.co/Hp8OguRR0B
▶️ stEUR is a staked agEUR paying a fixed 4% APY coming from RWAs held in Angle’s eserves and protocol fees.
The grant will be distributed to incentivize a stEUR/USDC Camelot v3 pool from 1 November 2023 to 31 January 2024 with up to 250,000 ARB
Incentivize a stEUR/ARB Camelot v3 pool from 1 November 2023 to 31 January 2024 with up to 250,000 ARB.
Incentivize a stEUR/wstETH Camelot v3 pool from 1 November 2023 to 31 January 2024 with up to 100,000 ARB.
Incentivize the use of stEUR as collateral to borrow USDC on a native lending protocol (Radiant) with 100,000 ARB (to be unlocked only if the integration is secured prior to December 15, 2023).
2⃣4⃣ @TraderJoe_xyz, Grant Size: 1.51m
Proposal: https://t.co/Yz2Lryq7uQ
▶️ 1.000.073 ARB for Liquidity Book Rewards
This program incorporates a unique incentive mechanism through a competitive scoring system, known as the ‘MakerScore’. It encourages liquidity providers to manage their assets more efficiently, enabling them to earn increased trading fees and boost their MakerScore. Every liquidity provider who deposits into a participating liquidity pool is evaluated over the entirety of an Epoch in which they participate, with each Epoch lasting 14 days and each phase containing two Epochs. At the conclusion of each Epoch, The MakerScore is calculated for all participating liquidity providers. These rewards are then distributed to eligible liquidity providers through a smart contract, which vests the rewards over the duration of 7 days.
▶️ 359.984 ARB for Auto-Pools
Auto-Pools is a product innovation by Trader Joe. They are designed to automate the balancing of liquidity in a Liquidity Book pool, offering users a highly accessible way to access concentrated liquidity, without the requirement to directly manage a position. The allocated incentives will be spread evenly across the total incentive period of 3 months and the rewards will be streamed in a linear distribution that is uninterrupted over that complete timeframe.
▶️ 149.943 ARB for New to Arbitrum Builder Allocation to support new builders who either launch on Arbitrum during the incentivization period or deploy to it within the same timeframe.
2⃣5⃣ @Dolomite_io, Grant Size: 1m
Proposal: https://t.co/OykPv6UB7J
▶️ They plan to incentivize deposits of Dolomite’s core borrowable assets, like $USDC, $ETH, $WBTC, $ARB, and $LINK. They plan to initially weigh the token as followed 40% to USDC, 25% to ETH, 25% to WBTC, 7% to ARB, 3% to LINK.
2⃣6⃣ @PremiaFinance, Grant Size: 900k
Proposal: https://t.co/XVNQLqfsiG
▶️ 600k ARB for option liquidity mining incentives
They will allocate 600k ARB to passive liquidity providers who deposit in the Vault products.
▶️ 200k ARB for options trading volume incentives
200k ARB will be allocated to active liquidity providers.
▶️ 100k ARB for options liquidity mining (OLM) partner matching
They will utilize the remaining 100k to match new Options Liquidity Mining Programs (OLM).
2⃣7⃣ @vertex_protocol, Grant Size: 3m
Proposal: https://t.co/rATd4DEDX6
▶️ Incentivize Community-Based Market-Making
They will incentivize Arbitrum DeFi users deploying liquidity into the Elixir fusion pools on Vertex with a baseline APR of 15% in $ARB on their assets. Elixir Incentives = Min [15% * TVL * ⅓, 150k]
▶️ Trading Rewards
Rewards on trading fees up to a maximum of 75% of the taker fee paid. The grant for each epoch will be equal to the total of: Trading Rewards = Min [USD Volume * Trading fees * 75%, 850K ARB per epoch]
▶️ Additionally they will remove sequencer fees on all trading pairs for the 3 months during which the incentives is in effect.
2⃣8⃣ @perenniallabs, Grant Size: 750k
Proposal: https://t.co/cOcawJzDtv
▶️ 375K ARB for Maker strategies
Bootstrapping major pools, Novel markets liquidity bootstrapping & Reduce Churn & Incentivize Deep Liquidity
▶️ 375K &ARB for Taker strategies
Fee rebates / onboarding incentives for high-value users & OI-based taker incentives + skew farming
2⃣9⃣ @Balancer, Grant Size: 1.2m
Proposal: https://t.co/bYVgbiSNlQ
▶️ The purpose of this grant is to augment economic activity on Arbitrum by building an autonomous mechanism for distributing incentives in the form of ARB to boost all Balancer liquidity across the Arbitrum network. There is a pool of 40,000 ARB weekly to augment incentives on Balancer Arbitrum pools.Each pool is given a weighting that is determined by the following metrics: Each pool gets a base value depending on how much veBAL vote weight the pool has, an additional dynamic multiplier is applied based on the revenue generated from said pool, an additional static multiplier is applied based on the category of the pool, with the categories defined in the proposal.
3⃣0⃣ @WINRProtocol, Grant Size: 461,956
This one is special. Everybody was talking about 29 projects, that received the grant, but it's actually 30. Yes, Winr didn't receive the full ask because there was the 50m cut-off but they received 461,956 out of their 500k ask.
Proposal: https://t.co/jKiBaoXXy5
▶️ 200K ARB to bootstrap WLP liquidity
200,000 ARB will be distributed as WLP rewards for 3 months.
▶️ 150K ARB for 3 mos. JustBet gaming competition
Top players by volume & P&L will receive ARB.
▶️ 150K ARB for 3 mos. DegensBet trading competition
Top players by volume & P&L will receive ARB.
And that's a wrap. I hope you found this extensive post valuable in guiding your actions over the next three months.
If you found this post helpful, please consider liking, sharing, and leaving a comment. Your feedback is appreciated!
X is a treasure trove of knowledge if you know where to look.
I have gathered the best posts so you can source your own alpha.
Here are 25 threads that will help you crush the bull market.
🧵