koa55

[ether.fi @ether_fi]

A few quick reminders:

✅ Season 2 is coming to an end on June 30. Checker will be up on July 5. Claims on July 8.

✅ A 25,000,000 allocation of ETHFI for Season 3 is currently up for vote and likely to pass. Season 3 would start July 1. More details in the @ether_fi_Fdn discourse.

✅ Cash card pre-orders are just around the corner register now - https://t.co/PwfFqP5hS0

[Vance Spencer @pythianism]

If the government allows it US private industry will dollarize every country on the planet via stablecoins and domestic stablecoin companies can buy all the debt we need to issue

If you had a manhattan project for US dollar hegemony to maintain, this would be #1 starting idea

[Insightful @info_insightful]

If you analyzed 40 different airdrops across ~2.1M wallets before 2023 era what would be the verdict of:

How much of the supply should you airdrop?

Who should be eligible for the airdrop?

Well that's exactly what @6thManVentures did and these are the key takeaways:

[ZeroToTom @zerototom]

Entered a fixed yield trade via @pendle_fi & made it Delta Neutral via @rabbitx_io.👇

>Brought PT-ENA at $0.77, fixed 90.2% APY which matures in 95 days time.

>Hedged the amount of $ENA used to swap for the PT-ENA via @rabbitx_io. Funding currently paying 13% APR at 1x.

The purpose of this trade was to get exposure to the price of $ENA as a $ETH beta play whilst remaining delta neutral.

My hope is that $ENA increases a fair bit over the next 95 days which will increase the value of my fixed ENA yield + should increase funding and make my hedge more profitable.

In the event of it moving sideways or downwards until maturity then I hope/presume that my fixed yield of 90.2% APY should offset negative funding for my hedge.

[ZeroToTom @zerototom]

>ETH ETF approval/news could be any time now

>if yes probably big increase in price

>if no or weird delay/technicality of some kind then I think we dump hard
>Open Interest at all time highs for ETH & funding is rising although not as high as it's been in the past

Good way to profit of price moving either way is by straddles via @GammaSwapLabs.

WETH/USDC pool on Arbitrum currently has lowest borrowing cost of 27% APR.

you cannot get liquidated by price action, only liquidated by time via the borrowing cost.

Often the best risk/reward trade does not have to directionally biased.

[ZeroToTom @zerototom]

entered two fixed yield trades via @pendle_fi.

Reasons:
1) Make profitable risk premia trades every day.
2) Diversify smart contract/counterparty risk.
3) FRs have came down a lot across the board so have freed up stables from prior basis trades.

Trade 1:
Brough PT USDe at $0.91 each, 113 days to maturity, fixed 36% APY.

Trade 2:
Brought PT rsETH at $2,962, 50 days to maturity, fixed 26.6% APY.

Hedged with 1x short via @HyperliquidX, funding currently paying 53.8% APR.

If $ETH increases a lot in value over the next 50 days to maturity then my fixed rsETH yield will be worth more + funding will likely increase which will also be more profitable.

If ETH decline over the next 50 days to maturity then I will just use whatever profits are generated from the short to buy more ETH as I am still a long term ETH bull.

Scrape basis points every day, they all count.

[Layergg @layerggofficial]

Bitcoin ETF - APPROVED✔️
Ethereum ETF - SOON

The Ethereum ETF has switched from a 10% likelihood to a 75% chance overnight. If approved, the $ETH Spot ETF makes the following projects worth watching.

2024 ETH-Beta Watchlist:

• $PEPE - New King of Meme
• $PENDLE - Top Bluechip DeFi
• $ENA - Prime Beneficiary of $ETH Rally
• $METIS - Gains from "Low Float/High FDV" Debate
• $ETHFI - Super App for Restaking

• $ALT - Restaked Rollups (RaaS)
• $REZ - Lowcap Restaking Hub
• $MKR - "End Game" (Rebranding/Redenomination)
• $OP - L2 Backed by Coinbase & Base chain
• $ARB - No.1 TVL of Layer 2

• $LDO - Flippening to Restaking (Backed by Paradigm)
• $ETC - PoW Ethereum
• $ENS - Vitalik’s 'Super Important' Shill
• $SSV - Only liquid DVT
• $UNI - Ethereum OG DeFi

$ETH has been lagging in the market since September 2022, showing signs of weakness for nearly two years. Until recently, the ETH/BTC mindshare was near rock bottom.

> Narrative-based trading taps into the collective mindset and emotions of investors. When most market participants agree on a certain outcome, the opposite usually occurs.

The rise of ETH/BTC stemming from the approval of the Ethereum ETF can bring a massive alt season, and ETH-Beta has the highest potential to benefit from this.

Like/RTs always appreciated. Have a great day, everyone🫡

[Wu Blockchain @WuBlockchain]

According to CoinDesk, Lido co-founders and Paradigm are secretly funding a new company, Symbiotic, that will compete with EigenLayer in the restaking track. Users will be able to deposit any asset based on the ERC-20 token. EigenLayer chose a16z over Paradigm, and Paradigm said it would invest in its competitor. https://t.co/DrzLKPAcuy

[Aditya Saraf @unnamedfizz]

Attaching a graph of "date of YT purchase" v/s points farmed till expiry for the ezETH 25th Apr pool. Basically purchasing YT-ezETH now will yield the same points as purchasing anytime after 25th March

[Defi_Mochi @defi_mochi]

VC funding in crypto is one of the surest means of gauging cycle top as demonstrated by the previous highs.

Funding still looks abysmal even after monster raises such as:
🔶 @eigencloud $100m round by @a16z
🔶 @monad_xyz $225m round by @paradigm
🔶 @Karak_Network $48m round

[koa55 @koa553]

@BagsApp @REBASEgg https://t.co/KHlRUKUJbE

[Bags @BagsApp]

Get ready to check your Bags 💰

@RebaseGG is dropping $IRL to 5000 OG Members on @BagsApp

There will be a snapshot in 24 hours.

To qualify for the drop, RT this post, add $IRL to the wallet on your Bags profile, and share your Bags link below 👇

https://t.co/rKvdmyFgnI

[Chang @4adybug]

Forever, More, Infinite.

The reason the asset market is not moving according to past patterns after 2020 is not only because too much liquidity has been supplied, but also because more and more people's perspectives on money are also changing.

Will there be cycle? Will there be decline at some point?

YES

But in the end, it will get higher. Destination is set. There's absolutely no reason for you to feel anxious. If so, you are on the wrong track.

[koa55 @koa553]

@NFTLXLABS https://t.co/0Y8CLS8Lpz

[Watcher.Guru @WatcherGuru]

How it started vs how it's going

[cz @czczcz]

With a few assumptions made
-1m eth staked in @ether_fi
-Every staked eth with stakerank max boost
-eETH on defi getting 2x boost stay same at ~400m$

imo, assumptions at a conservative side, you can gauge your expectation if staked eth number go up, by x expected outcome by %.

[Defi_Mochi @defi_mochi]

17 Verticals in the Crypto x AI space (with tokens)
-----------------------------------

1. Agentic AI $FET $OLAS

2. Decentralized AI networks $TAO $DEAI

3. Coprocessors $POND $PHA

4. Decentralized compute $RNDR $AKT $AIOZ $NMT

5. Generative AI $IMGN $BOTTO $ENQAI $PALM

[Coin98 Analytics @Coin98Analytics]

#RWA tokens by Market Cap

- 76+ projects currently unlisted
- 8 projects listed on #Binance

$OM $LTO $TRU $HIFI $DUSK $POLYX $BOSON $PENDLE

[Crypto Koryo @CryptoKoryo]

Ankr is joining the AI revolution.

With Neura, its L1 based on Cosmos SDK, it joins the decentralized GPU/compute market.

Narratives involved:

- GPU
- AI
- DA
- LRT
- Cosmos SDK (CometBFT)
- zk rollups

[Definalist @definalist]

Add Saudi(MENA) narratives to watch

$FET - MENA + AI
$IOTA - $100m entity in Abu Dhabi + depin
$BICO - JPMorgan(Onyx) + AA(Account Abs)

https://t.co/OsiIBBMw6A