Daniel

[DeFi Mago @defi_mago]

I hate checking token prices every 5 minutes and I really hate liquidation. That’s why I mostly stick to delta-neutral, stablecoins, or LSTs farming.

I like the idea of borrowing with a fixed interest rate, just like in TradFi banks, while also getting floating Yield when lending.

And I recently discovered a protocol that allows me to borrow with fixed rates, no margin calls.

I’m lending USDC, earn 62% APR and borrowing tokens for fun trades on @useteller.

Here's how I do it 👇

[Daniel @danieldang219]

@Jonaso_eth @puffer_finance @Lemniscap @FactionVC @sbetamc @art3chris @jasnoodle @pufferfi_cn @mrblock @AmirOnchain @aandooor @flipsidecrypto Thanks, been finding dashboard about Puffer and found you 🙌

[OKX Ventures @OKX_Ventures]

BTC Layer2 has recently made significant progress, with a surge in user data and Total Value Locked (TVL).

Data:
MERLIN CHAIN IDO: approximately 235,000 participants, around 42,700 blocks, and nearly 19,800 active wallets.
B² Network TVL: reached 115 million in just three days.
Bounce Bit TVL: reached 100 million.

Technology Advances:
Polygon CDK Integration: Both Merlin chain by Bitmap tech and B² Network are integrating the Polygon Chain Development Kit (CDK). B² Network is also developing a secure, advanced Bitcoin zero-knowledge rollup based on zero-knowledge proof (ZK-proof) commitments. The Polygon CDK is an open-source codebase designed for launching ZK-based Layer 2 (L2) chains, offering high flexibility, viability, compatibility, and user-friendliness.

B² Hub's DA Layer Innovation: B² Network has implemented the first Bitcoin Data Availability (DA) layer on Bitcoin with its unique ZK proof verification method, known as B² Hub. The launch of B² Hub allows other rollups to submit data availability proofs and ZK proof commitments to Bitcoin, improving Bitcoin Layer 2 security and reducing the burden on Bitcoin Layer 1.

Collaboration with Polygon Labs on Agg Layer: B² Network will collaborate with Polygon Labs on the Aggregation Layer (Agg Layer) project. The aggregation layer introduces a third paradigm of blockchain scalability – aggregation – which combines the benefits of monolithic and modular designs through secure, nearly instant atomic cross-chain transactions with ZK proofs. This aims to create a seamless Web3 network experience similar to operating on a single chain.

Liquidity Sharing: B² Hub will integrate with the aggregation layer, allowing B² Rollup and other zk-rollups connected to B² Hub to share liquidity with other Layer 1 or Layer 2 networks through the aggregation layer. This will enhance transaction speed and application diversity without compromising security.

Outlook:
The Bitcoin ecosystem is evolving beyond just a stage for NFT speculation and inscriptions, with more application protocols emerging.

BitSmiley's stablecoin and decentralized lending business model is being referred to as the 'MakerDAO + Compound' of the Bitcoin ecosystem.

Merlin chain is set to launch dozens of ecosystem projects, with https://t.co/70GGI1coH8 issuing various asset types through the BRC420 protocol, including game characters, music, videos, etc. All of which can empower real application scenarios.

The B² Network ecosystem already hosts over 90 ecosystem projects across 20 categories.

In conclusion, Bitcoin Layer2 is poised to usher in a new era of DeFi Summer, NFT Summer, and GameFi Summer. The future is on the horizon.

[MrBeast @MrBeast]

I’m gonna give 10 random people that repost this and follow me $25,000 for fun (the $250,000 my X video made)

I’ll pick the winners in 72 hours

[Miles Deutscher @milesdeutscher]

.@SatoshiVM is one of the most hyped new projects in crypto right now.

It's an EVM-compatible #Bitcoin ZK Rollup L2.

You can get your hands on their token for FREE, in just a few steps.

🧵: I'm going to show you exactly how to land a $SAVM airdrop (time sensitive). 👇

[Fiona 🦅🟠 @fionaclairema]

1/ HAPPY NEW YEAR!

Ordinals and BRC-20 had been the key catalysts for "the Year of Bitcoin" in 2023. But how should we position them in 2024?

Here's a thread on BRC-20 🧵

[Defi_Maestro ✺ @Defi_Maestro]

DeFi Predictions for 2024

1. Delta Neutral Stables becomes a new trend

+ Algo stable coins died off significantly since the $UST collapse
+ 2023 saw LSD Stable Trending
+ $LYBRA , $PRISMA & a few others picked up significant TVL.
+ These projects allowed user to gain price exposure to $ETH while earning yields on composable stable coins
+ In 2024, projects like @ethena ( $USDe ) will offer users an attractive alternative for stables.
+ Give up the upside of $ETH for a delta neutral stable with increased yield bearing opportunities.
+ LSD Stables ~ 6% APR vs Delta Neu Stables ~ 15-30%
+ Also seeing stables being build on complex strategies like CEX Futures vs spot arbitrages and other forms of Delta Neutral Strategies.
+ The safety net of zero price exposure and increased yields will be a tempting proposition to institutions w large treasuries.
+ Expecting Delta Neutral Stables to pick up significant TVL in 2024.

2. AI gets used more widely in DeFi and NFTs

+ The AI sector will continue to pick up traction in the web3 space.
+ AI generated NFTs become the norm
+ AI-driven predictive analytics using on chain data will allow projects to optimize tokenomics and study demand patterns
+ AI-driven Vaults will be created to automatically conduct simple yield farming strategies with auto hedging

3. BRC20 Ecosystem TVL boom

+ 2023 saw the rise of BRC20 and the $STX ecosystem
+ The current DeFi landscape on BRC20 is still pretty barren but i expect traction to pick up significantly in 2024.
+ Many BRC20 to EVM bridges have been popping up over the past few months ~ $MUBI, $BRGE & @XLinkbtc
+ The friction between EVM layers and BRC20 would be significantly lower in 2024 and allow TVL to flow between the ecosystems.
+ DeFi projects looking for ecosystems with lower competition would likely launch on @Stacks
+ Expect the same suite of projects on EVM layers to be launched on BRC20 ( Bribing DEX, VeMoney Markets, CDP Stables, Yield Vaults...)
+ Users looking to enter early will flood the ecoystem and normies who only know $BTC will offer fresh capital inflows post ETF approval.

4. Modular Blockchains to gain further traction in TXs and TVL

+ More L1 / L2 Projects will continue to be launched
+ Efficiency and adaptability would play a key role in blockchains adapting to changing narratives and needs of the users.
+ EIP-4844 (Proto-Danksharding) will greatly reduce gas cost of L2s
+ Modular blockchains can further reduce cost using data availability layers like @eigencloud or @NEARProtocol
+ Modular L2s are likely be able to offer Txs below $0.01 and be more appealing to dApps which require high TX Vol like games or CLOBs.
+ Composability w restaking narrative also gives modular blockchains a slight edge against their Monolithic peers
+ Notable Modular Blockchains @0xMantle , @EclipseFND & @fuel_network

5. DEX Trading vol vs CEX to increase

+ DEXes will eat into CEX market share as the barriers to access DEXes continue to be lowered
+ Dapps are finally focusing on being mobile friendly and accessible to users on the go
+ @Uniswap and @1inch launching their mobile Dapps are just the beginning
+ Newer Perps Dapps like @IntentX_ , @HyperliquidX & @OfficialApeXdex allows users to easily trade perps on the go.
+ Intent based RFQ architecture allows dapps to eliminate MEV attacks on TXs and reduce slippages
+ RFQ architecture also increases the range of asset offerings to users and give users the availability of choice
+ All these factors lead to improved UX for users and narrows the gap between offerings from CEXes while allowing users to retain asset custody

Thats all folks~

Looking forward to 2024. Cheers!

[Avalanche🔺 @avax]

ICYMI, @HubbleExchange recently launched on its own Avalanche Subnet.

Building on its own chain enables Hubble to host a decentralized matching and liquidation engine, while introducing $USDC as the gas token for the exchange 🤝
https://t.co/j1iMBanXlr

[LFJ.gg @LFJ_gg]

Bridging JOE Tokens using LayerZero

There is a native bridge option on the Trader Joe DEX that lets you move $JOE across chains, from Avalanche, Arbitrum, BNB Chain and now, #Mantle.

Bridging $JOE to Mantle
With the @0xMantle integration for $JOE on the LayerZero bridge, users can now bridge JOE tokens over to Mantle and access the @MerchantMoe_xyz platform. mJOE staking is live and so far over 15m $JOE tokens have been staked, prepared and ready for the $MOE TGE event which will be announced in the coming days.

🤔 Unsure how to bridge $JOE?
Checkout the below for a step by step guide.
________________________

⚫ What is LayerZero?
This bridge on the Trader Joe DEX is built using LayerZero technology, a trustless and highly customisable messaging layer that unifies tokens across all chains, removes liquidity fragmentation and offers users a fast and cheap way to bridge tokens.

This means that when you bridge your JOE from one chain to another, you get a rapid, secure and low-cost means of transport. Helping you to experience an omnichain DeFi world with total ease 😏
________________________

Step by Step Guide

🌉 Access the Bridge
Connect your wallet and navigate to the LayerZero bridge interface. This can be found under a menu labeled ‘Bridge’ as seen in the below image.

🔗 Chain and Amount
Select the destination chain, e.g. Avalanche to Mantle and then enter the amount of $JOE.

⚠️ Common Issue ⚠️
You may run in to an error when transferring JOE tokens. Remove any decimal places and transfer a whole number: eg 100 $JOE.

⛽ Need Gas?
If you are transferring to a blockchain for the first time, you'll need gas. Select "Add" for "Gas on Destination". Enter the desired amount of gas tokes. When your $JOE is transferred, you'll also perform a swap a swap eg AVAX for MNT.

🏁 Final Check: Send It
Review the final transaction and press "Transfer" when ready. Typically the process will take ~1 minute. It can be longer or shorter, depending on network congestion.

Once the transfer is complete, check your wallet on the destination chain to confirm receipt of your bridged JOE tokens.

⚠️ Safety Reminder
Please never click any links from unofficial accounts. Never trust anyone who DMs you. Never click a link on any replies under this tweet. Only trust the Yellow check mark of Trader Joe or Merchant Moe ✅
____________________

You can bridge $JOE back and forth using LayerZero like the omnichain token it truly is, enabling you access different offerings across the Trader Joe ecosystem.

Happy Bridging Folks 🫡

[Avalanche🔺 @avax]

Last year, the Avalanche Foundation launched Culture Catalyst, a program aimed at empowering creators, sparking innovation, and propelling the adoption of blockchains. This initiative seeks to better position Avalanche to cultivate and support the many new forms of creativity, culture, and lifestyle that blockchain enables.

Alongside prominent cryptoasset categories like gas tokens, DeFi tokens, Real World Assets (RWAs), NFTs, stablecoins, and governance coins, meme coins have carved out a significant niche in the cryptoasset landscape. These coins, often inspired by internet culture and humor, go beyond mere utility assets; they represent the collective spirit and shared interests of diverse crypto communities.

The Avalanche Foundation intends to start using Culture Catalyst to recognize and encourage the culture and fun symbolized by meme coins by purchasing select Avalanche-based meme coins to create a collection. This move complements the Avalanche Foundation's ongoing engagement across the Avalanche ecosystem, including NFTs, RWAs, and other types of cryptoassets, broadening its portfolio to embrace a more complete spectrum of possibilities.

The selection process for this collection is based on several key criteria, including the number of holders, liquidity thresholds, project maturity, principles of a fair launch, and overall social sentiment, among other factors.

The Avalanche Foundation is dedicated to supporting diverse and culturally significant initiatives, establishing its position as an adaptable and inclusive participant in the Web3 space.

[Elon Musk @elonmusk]

@AdrianDittmann @cb_doge Yeah, at least encode the jpeg on the blockchain!

[World of Dypians @worldofdypians]

🎮 Jump into World of Dypians, now available on @EpicGames since December 21!

🌟 Explore a place with amazing experiences and easy connections, bringing players together like never before.

⚔️ Start exciting adventures with special events, AI features, interactive billboards, a futuristic downtown, and intense battles that will keep you on the edge of your seat!

✨ To learn more, read our article on Medium: https://t.co/Eib6uMSD0B

[Tyrael @cryptotyrael]

We are excited to announce that we are launching @midnight__heist and the @tiltyard_gg platform on an @avax subnet!

Having our own AVAX subnet allows us to give free gas to users and provide rich gameplay experiences that wouldn’t be possible elsewhere.

Can't wait to show everyone more of what we've been working on next year!

[Yield Yak 🐃 🥛 @yieldyak_]

🐶 New Yak Swap token added:

$KIMBO @KimboAvax

🏦 Additionally, Yield Yak's Treasury has purchased 4,566,536 $KIMBO tokens (~$1.6K USD) to bolster their @avax treasury diversity and support fellow community-driven initiatives.

🐃🤝🐶

[SHRAPNEL » Play Now on Steam @playSHRAPNEL]

HLV 🤝 Shrapnel

We’re beyond excited to partner with Horizen Labs Ventures (@HLV_XYZ) whose support will strengthen our token ecosystem.

HLV is a leading token advisory firm known for its contributions to ApeCoin, Animoca Brands, and more.

[ether.fi @ether_fi]

We are glad to announce an integration with @redstone_defi, a decentralized Oracle provider🤝

This integration will allow the protocol to more efficiently receive real-time price updates, as well as enable future DeFi integrations🔥🚀

[BENQI🔺 @BenqiFinance]

BIG NEWS: BENQI 🤝@okx

We're teaming up with our friends at OKX to bring you the BENQI Bonus Event with a bonus pool of 5,000,000 $QI.👀🔺

Stake @avax with BENQI or invest in LP sAVAX-WAVAX, all while earning rewards.🫡

2023 is almost over, treat yourself to a bonus.😉

Read more:
https://t.co/RuBtU0Ns0e

[Avalanche🔺 @avax]

Citi recently announced they were testing Avalanche infrastructure with @AvaCloud to price and execute simulated FX trades.

Last week, leaders from @Citi, @TRowePrice and Fidelity Intl. came on Powering Business with Blockchain to share their results.

Here's the key takeaways👇

[Layergg @layerggofficial]

Binance Crypto Portfolio
Not yet listed on #Binance

1/ With Richard Teng taking over as CEO, there appears to be a change in Binance's token listing strategy.

2/ Binance-backed projects are increasingly listed through Binance IDO.

3/ This is a result of diminished regulatory risk following CZ's resignation, leading to more IDOs and listings.

4/ The market is now focusing more on $BNB, which had been relatively undervalued, indicating a momentum shift.

5/ While Binance Labs' lead investment projects have always been key, the MVB Incubator's role is growing in importance.

- Projects backed by Binance Labs, now have a higher probability of being listed on Binance.

*Hints of this might be found in the BNB chain's dApp rankings.

Remarkable projects 👇

1. LayerZero @LayerZero_Labs
- $ZRO token launch is confirmed in the first half of next year

2. Xterio @XterioGames
- $XTER Token Confirmed
- The Xterio ecosystem's recently published @OverworldPlay NFT has attracted attention.
- Also, gameplay footage from @ageofdino has been released. If you missed Overworld, keep an eye out for the Dino PFP mint.

3. Manta Network @MantaNetwork
- The New Paradigm event is underway.
- You can participate in the $MANTA airdrop by depositing ETH to #MantaPacific in a similar fashion to @Blast_L2.

4. Polyhedra @PolyhedraZK
- Mainnet Launch & Airdrop will be soon.
- OKX selected for Cryptopedia Season 11, totaling $500K ZKB token rewards

5. Ultiverse @UltiverseDAO
- Electric sheep NFT
- The NFTs allow you to collect points and souls and provide various benefits within the Ultiverse ecosystem.

6. Tabi @Tabi_NFT
- MVB III September Monthly Stars
- Airdrop is confirmed for quest participants.
Complete the quest and build up points on the homepage.

7. Helio Protocol @Helio_Money
- $HELIO will be rebranded as $LISTA.
- The point system is expected to start in Dec.

8. Zecrey @ZecreyLabs
- MVB IV Monthly Stars in Jaunary
- Zecrey Chameleon NFT
- The team has promised activities for NFT holders at several events, including the mainnet launch. There is a possibility of airdrops for NFT holders.

9. AltLayer @alt_layer
- MVB VI Top Projects

10. Gameta @Gameta_Official
- MVB V Top Projects

11. KiloEx @KiloEx_perp
- MVB VI Top Projects
- Airdrop event is in progress.
Get points on the volume

12. Kinza Finance @kinzafinance
- MVB VI Top Projects
- Airdrop event is in progress.
Receive airdrops based on deposit volume

I hope you've found this thread helpful.

💞 Please Like/Retweet/Follow to support :)

Thanks for reading! 🫡

***
disclaimer: Projects in infographic were selected under the following conditions.
Listing possibility of listing or
Got over $20M in investment or
twitter followers over 30K

[Covalent @Covalent_HQ]

1/ @optimismFND’s OP Stack and Superchain are on the rise 🔴🔵🌞🟢🟡

Let’s explore:
• Our Superfriends @BuildOnBase @ourZORA @pgn_eth @modenetwork +2 more OP Chains
• Adopters @BNBCHAIN @0xMantle @MetisDAO @bobanetwork +8 more OP Stack Forks

🧵A megathread by @davidtsocy