In preparation for Alkamon, we've unlocked 8 new staking vaults at Greenpots Bank for the following communities. Accumulate dust so you can take part in the incredible adventure ahead.
DIESEL - @taggaOyl
bUSD - @BoundUSD
FARTANE - @Fartanium
METHANE - @MethaneFund
TORTILLA - @mork1e
BBALLS - @FattyBballs
CheekyB - @CheekyB_real
Bee - @Alkanesbee
https://t.co/ix02LJR504
Feels like a post on Alkanes is due. Ecosystem has been heating up- less hype but lots of build. Here's what's on my mind in terms of recent events and what's coming:
- @oylwallet AMM looking sick- check it out. You can mint bUSD very smoothly and begin trying out their pools etc.
- $DIESEL claim went well for me. Up to 70% has been claimed thus far. There's a short window for claiming (1 week I think) and all unclaimed is rolled over into Season 2
- @AirheadFun airheads are confirmed as having a key role to play in Oyl/Diesel season 2. They seem to have reached a floor of $250 so now could be a great time to get some and begin accumulating XP. I saw a bedridden at a very reasonable price too 👀
- @0xBunzy and @hathbanger are rumoured to be shipping Alkamon soon. Could really hit big if they take over the Bitcoin zeitgeist again like they did with @Alkamistbtc with $MIST mint. For this, make sure you are accumulating $MIST and $DUST at these still reasonable prices. Also make sure you are farming Aura
Last thing I wanted to check was whether Alkanes will be represented at the BTC summit @taggaOyl sorry if I have missed it.
⏱️ Tick... Tock...
💧 6,000,000 METHANE + 30,000 bUSD added to METHANE/bUSD LP
🔒 Locked for 100 days — until block #926060
Alkanes Locker #1(2:70087)
This is just the opening move...
The METHANE incentives? Far from over. 🚀
⚡ Stay ready. Stay hungry. Stay METHANE. ⚡
#Alkanes #METHANE #BTCFi
🔒 Bitcoin lock-up, beyond timelocks — powered by Alkanes smart contracts.
Here’s one fresh from the lab. 😏
Locker:
🔹 Lock 1 asset → get a Vault receipt
🔹 Redeem after target block
🔹 Anyone can call it
🔹 Fully open-source
What do you want to lock? 🤔
Treasury funds? LP positions? Something degen?
🚪https://t.co/a4wsODvhAL
🧩 https://t.co/IPlUbWYJhN
Alkanes can cook way more than you think. Stay tuned. 🧪
#Alkanes #Bitcoin
Imagine the degen madness we can bring to Bitcoin with #Alkanes 💥
- Boost LP APRs via MasterChef 🧑🍳
- Use $METHANE / $DIESEL to buy lottery tickets, 1 winner takes massive bUSD / frBTC 💰
- Stake $METHANE / $DIESEL to borrow short-term bUSD / frBTC 🏦
- Overcollateralized stablecoin backed by staked frBTC — Bitcoin’s own $DAI 🪙
- Oracles powering options, perps & more 🚀
BTC DeFi season is coming. Are you ready? 🐂
#Alkanes #Bitcoin #BTCFi
Here’s some rambling thoughts on Alkanes for anyone who cares:
I still believe BTC DeFi is going to be a major narrative this cycle. It’s a sexy sounding narrative, and fundamentally, DeFi on the worlds most secure blockchain makes sense
For this to happen at scale, you need L1 programmability (even for something as simple as issuing major stables like USDT) - which means Runes and Ordinals aren’t going to be major players here
So that leaves us with 3 likely options:
1. BRC 2.0
2. Arch
3. Alkanes
I’m bullish on all 3 for various reasons.
But Alkanes is the only fully L1, utxo native option. It’s also already live and continually shipping major innovation. Their community has had incredible energy and their devs cracked while other ecos have been crashing out.
And as much as people want to paint all VCs as evil, I actually LIKE that this ecosystem is well-connected and well-funded (I know, call me crazy). Arthur Hayes, Udi, etc I think it’s completely fine if not bullish that they’re invested. This is the dumbest fud surrounding the ecosystem
I also like that Alkanes don’t have the emotional baggage that Runes do, while still being very technically similar to them. This could allow for a seamless evolution from Runes to Alkanes, and perhaps market participants will be more optimistic on a rebranded, revamped successor to Runes
While people have been fading Alkanes, they just shipped a fully onchain AMM. They are laying some very smart groundwork that would allow BTC DeFi to flourish, and it’s not hopium, it’s live and you can go play around in the early stages of it right now
I will continue monitoring and DCAing this ecosystem closely
Alkanes may legitimately be a 0 -> 1 moment for rare sats.
Introducing programmability makes rare sats one of the most interesting and unique asset classes in all of crypto.
If you’re building in this space, please reach out to me. Happy to share my own ideas and/or invest in your project.
I am extremely bullish on @SUBFROSTio as an L0
wrapped assets that work on any metaprotocol whether its alkanes, brc2.0 or others
wrapped $ORDI that can be used on any programmable metaprotocol
wrapped $DOG that can be used on any programmable metaprotocol
Here is the first tweet ever connecting $METHANE to alkanes. Forever the OG meme and the simplest alkane. The thing about memecoin provenance is.... you cant argue with it.
Lookin forward this week in the Alkanes BTC Protocol eco:
- @oylwallet updates on XP claim for $DIESEL (info page today)
- irl event in KL, Malaysia
- @Alkamistbtc Alkamon utilising $MIST $DUST (possibly)
- @miladylovebombs after they teased new tools (something to do with liquidity)
- @FattyBballs and their @FattyIndex (always cooking)
- @satonomy cookin something (soon)
- @alkangelos cookin alpha (continuous)
- Many more..