Davide

@0xdavide

239 Following

95 Followers

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🪂Syncswap has announced major updates for December 2024, however this page making the rounds on Twitter is meaningless. Syncswap has not announced any tokenomics: this page has been online for more than 1 year. Maybe the TGE will finally arrive? Probable but it doesn't depend on this docs.

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💀In 2140 we will have the last BTC halving. Will we live that long? Already in 2 halving we will have a clear decrease in the "block reward", schematically we will have: ❌Reduction of incentives for miners: with the decrease in block rewards, miners earn less BTC, making mining less profitable, especially if energy costs are high or the price of Bitcoin does not increase proportionally. ❌Centralization of mining: small miners could exit the market, leaving room only for large mining pools with lower operating costs. ❌Dependence on transaction fees: with the reduction of rewards, the system relies more on fees to incentivize miners, but if the volume of transactions or fees are not high enough, the security of the network could decrease. ❌Impact on network security: If fewer miners participate, the network could become more vulnerable to potential attacks (such as 51%). These risks could be mitigated by: ✅An increase in the price of Bitcoin. ✅Increased network usage.

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🪂How many $Pengu did you receive? I should check other addresses but the site is crashing. Claim: https://claim.pudgypenguins.com/ Happy airdop to all! #PudgyPenguins #Pengu #Airdrop

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🪂If you hold one of these tokens: -EIGEN (Eingenlayer) -ZK (Zksync) -POL (Matic) -STRK (Starknet) -SCR (Scroll) -TAIKO (Taiko) You may be eligible for Aligned airdrop (at least $50 holding in All Time Low). Staking, LP and lending platforms are excluded. Holding only. Project is legit but DYOR. Check: https://genesis.alignedfoundation.org/terms-conditions Total Supply: 10B. TGE Supply: 3B.

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📈On ETH it looks like a "cup and handle" pattern: 🟩The Cup: the rounded curve that resembles the bottom of a cup, i.e. a phase of price consolidation, with a gradual decline followed by a rise towards the initial levels. 🟩The Handle: after the price has completed the cup, there is a phase of slight retracement or consolidation, which forms a sort of small "handle". This movement generally occurs below the resistance level formed during the cup. If the pattern is confirmed, the price breaks the resistance of the handle upwards, signaling a possible continuation of the bullish trend.

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Many people get confused with BTC ATH and Bull Markets, citing random years. If you check the chart it is really linear and clean: 🟠Halving 2012 🟩Bull Market 2013 (ATH in November 2013) 🟥Bear Market 2014 🟡Laterality 2015 🟠Halving 2016 🟩Bull Market 2017 (ATH in December 2017 but final altseason in January 2018) 🟥Bear Market 2018 🟡Laterality 2019 🟠Halving 2020 🟩Bull Market 2021 (ATH in November 2021) 🟥Bear Market 2022 🟡Laterality 2023 🟠Halving 2024 [̲̅?]Bull Market 2025?

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🏦Adding sUSDe (Ethena Internet Bond) on Aave could lead to new standards (APY) in the coming months. First you should consider that sUSDe by default brings a yield of about 30%. This yield comes from a DeltaNeutral strategy: 1) LONG: ETH liquid staking (spot) 2) SHORT: ETH futures (obtaining a Positive Funding Rate, essentially long positions pay shorts) So Ethena is not exposed to market volatility but earns from ETH staking and Positive Funding Rate (ETH short). Adding sUSDe on Aave will bring very high APY of USDC, USDT and DAI. Basically the degen market (long term) will follow this cycle: 1) Lend sUSDe (30% APY) 2) Borrow USDC or USDT or DAI (let's assume 8-10% borrow APY) 3) Sell USDC, USDT, DAI for sUSDe 4) Lend sUSDe 5) Borrow USDC or USDT or DAI 6) Repeat the cycle (loop)

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📈A very interesting chart is this one of perps: heatmap provides a temporal analysis of the funding rate, potentially anticipate trend reversals or excesses in the market. ∎ Positive Funding Rate: long positions pay shorts (perpetual contract price is higher than the spot price). ∎ Negative Funding Rate: short positions pay longs (perpetual contract price is lower than the spot price). -Warm colors (🟡, 🟠, 🔴): long predominance ➡️ high risk of long liquidations. Positive funding rates suggest that long positions dominate the market, with a higher cost to keep them open. It is a sign of bullish sentiment, but a funding rate that is too high can signal an overheated market or close to a possible correction. -Cold colors (🟢, 🔵, 🟣): short predominance ➡️ indicate negative funding rates. In this scenario, short positions (sells) prevail, reflecting a bearish sentiment. Heatmap: https://www.coinglass.com/FundingRateHeatMap

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🪂 How many $Odos did you receive? Check: https://app.odos.xyz/rewards I received about 47000 $Odos because I used it on more addresses. On main address about 14200 $Odos. If I'm not mistaken at TGE there will be 1.6B $Odos: 1) Retroactive rewards (1B) 2) Treasury (600M) #Odos #Airdrop

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🪂Even though Polynomial (Perps Exchange) will not be the next Hyperliquid because Hyperliquid is unique, I think it could release a good airdrop (Optimism partnership). You have two ways to earn on Polynomial: 1) Trade (USDC margin to start a trade is at least $100) 2) Stake (deposit)You will receive separate points for both trades and stake. TRADE The interesting thing is the distribution of points: 1 million points daily (claim it within 7 days). It is a fair points system similar to Hyperliquid so you cannot trade by inflating points infinitely. You receive points proportionally to your volumes compared to those of other users (so it could be very convenient to start "early"). You also receive rewards in $OP, every week. If you want to trade: https://polynomial.fi/en/mainnet/trade/ETH-USD

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A user or in any case an industrial farming entity has used 1350 wallets for MagicEden airdrop and received $ME 400,000 (currently worth ~$2,165 million).

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₿ Is Bitcoin a payment solution or a store of value? I believe Bitcoin is primarily a store of value, although it can be used to transfer large amounts of money, without censorship. If you transfer more than 100k or 1M, network fees become irrelevant. Bitcoin has several offchain scalability solutions, including one offline. ✅Lightning Network is layer2 developed to solve the scalability limits of Bitcoin. It works by creating off-chain payment channels between users, allowing fast and low-cost transactions. This system allows numerous microtransactions to be made without weighing down the main blockchain, only recording the opening and closing of the channel on the Bitcoin blockchain, improving the overall efficiency of the network. Two users open a private channel, being able to carry out hundreds of thousands of transactions at low cost and with an excellent level of privacy (the transactions are offchain). There are also custodial solutions, such as Wallet Of Satoshi, which avoid opening channels.

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📚In 2022 there were many failures in the crypto world. Both decentralized (Terra) and centralized. Among the main ones we remember: -Luna/Ust (May 2022) -Three Arrows Capital (June 2022): connected to Ust and Anchor -Celsius (June 2022): connected to 3AC, Ust and Anchor -Voyager Digital (June 2022): connected to 3AC, Ust, Anchor and Celsius -BlockFi (November 2022): connected to 3AC, Ust and Anchor -Genesis (November 2022): connected to 3AC-FTX (November 2022): general contagion and different types of fraud Bankman-Fried stated that FTX had enough liquidity to satisfy 24 times the average daily withdrawals. Celsius used an internal stress scenario that assumed a 20% outflow of customer funds in response to price drops of 50%. BlockFi’s liquidity strategy aimed to hold 10% of customer funds in assets that can be liquidated immediately and 50% in assets that could be liquidated within 7 calendar days.

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𝓕(🇽) Today's focus is on an experimental DeFi protocol called F(x) that runs 2 ETH derivatives: a low volatility one (a kind of stablecoin) and a leveraged ETH perp. FXN is the Governance token.What are they for? Basically, by choosing one of the two products you can expose yourself: 1) Lower volatility of ETH (fETH) 2) In 2x leverage (xETH) without the risk of being liquidated (it could only happen with a flash crash of ETH that goes almost to 0. The collateralization ratio should be at least 130%) Imagine ETH is split into 2 components: 1) fETH with Beta=10% (pegged 1/10 to ETH volatility): if ETH increases by +20%, fETH increases by +2%; if ETH makes a -10%, fETH makes -1%) 2) xETH in 2x leverage on ETH (represented by the formula "100% + 1- beta fETH": usually it is 190% if the beta is 10%. The liquidation risks are almost absent)

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🤖Have you ever received a TIP on Discord and don't know how to withdraw your crypto on chain? I'll explain it to you in this simple guide. Usually the bot that is used is called TIP.CC (tip.cc#7731), what you have to do is send a private message. 1) Search for the bot "tip.cc#7731". 2) By writing $help you will receive all the commands (deposits, withdrawals, functions to send tips, etc). 3) If you have received a token as a tip (for example OP), to know your total balance you just have to write balance OP 3) If you want to withdraw just write withdraw OP, then type your address, finally confirm. Simple, right? After a few minutes you will receive your crypto on your address. Obviously the waiting time may vary because it also depends on the network on which you are making the withdrawal. Generally you will receive it within 1 minute for layer2, instead if you are withdrawing a token on Ethereum mainnet it may take even hours. You will also be shown the transaction ID.

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(∎, ∆) Let me know if you are ready for Zksync Ignite? Ok January 6, 2025 is still far away, however the campaign of strong incentives to increase Zksync TVL will be really huge. Zksync after releasing a great airdrop has lost some TVL, due to FUD and farmers who have left. Regarding airdrops, I will always prefer Zksync or Starknet criteria over Scroll and Linea quests/badges farming. I am an old school DeFi user who comes from the era of Uniswap, 1inch, Forth. I don't like points/quests. The big problem (which also affects Linea and Scroll) that there are few native dapps and with poor incentives. For this reason Ignite could start a new ERA. $ZK is performing well lately and from the bottom ($0.08) it has made about a 300% increase. Team and devs have continued to build, even if the token was not performing well. Now that strong incentives will arrive on chain, even $ZK (also driven by $BTC) has started to perform well.

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We're all Hodlonaut

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This is just the beginning. Many bullish years await us. Obviously nothing can rise forever but BTC will continue its path from cycle to cycle always making new highs. It will become the most capitalized asset because it incorporates unique characteristics at a financial and speculative level.Obviously it will also face new ostracism from politicians, banks, regulations but as Putin says: "Bitcoin is unstoppable". 10$=2011 100$=2013 1000$=2013 10000$=2017 100000$=2024 Either you adapt or you adapt. You can fight it but you have to live with it because you cannot defeat it. It will never be fully accepted by everyone because governments, politicians and banks are corrupt and love to be in control. Through Bitcoin they have no control so adoption yes but ostracism and FUD will always be there. _____________________[̲̲̅̅G̲̲̅̅o̲̲̅̅o̲̲̅̅d̲̲̅̅ ̲̲̅̅1̲̲̅̅0̲̲̅̅0̲̲̅̅k̲̲̅̅ ̲̲̅̅d̲̲̅̅a̲̲̅̅y̲̲̅̅]

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🪂Hey farmers 2024 is coming to an end! ♦What were the best airdrops of 2024? ♦And what were the big disappointments? Remember that it is a personal opinion that takes into account: 1) Fee expenses 2) Size of the airdrop 3) Ease of obtaining it ✅Eligible ❌Not eligible BEST AIRDROP 2024 1) Hyperliquid ✅ 2) Zksync Era ✅ 3) Saga ✅ 4) Wormhole ✅ 5) Drift ✅ 6) LayerZero ✅ 7) Starknet ✅ 8) Aevo ✅ 9) Dymension ✅ 10) Jupiter ✅ 11) Optimism (airdrop 5) ✅ 12) Avail ✅ 13) Ethena ✅ 14) Parcl ✅ 15) Purr ✅ Honorable mention: EtherFi (S1)✅, Eingenlayer (S1)✅, Manta✅, Grass✅, Omni✅, Zeta Markets✅, Zetachain (good only with ref)✅, Pyth (Helix traders)✅, Catizen✅, Notcoin❌, Wen✅, Foxy ❌, 2192✅, Layer3 ❌, ZeroLend✅, FriendTech✅, Taiko✅, Altlayer✅, Ordernly Network✅, Zircuit✅, Blast✅, Swell✅, Kamino✅, Lava✅, Mantle Journey✅, Dogs✅

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🪂Saga Vault8: ninth airdrop. If eligible, remember to claim your precious $Saga for free: https://claim.airdrop.saga.xyz/ If I had to indicate the best airdrops of 2024 I would say: 1) Hyperliquid 2) Zksync 3) Saga Saga certainly beats the (very) generous Wormhole, Starknet, LayerZero, Avail, Dymension. In these considerations I consider ease of obtaining airdrops, fees spent, price action. Soon I will make a post with the best airdrops of 2024 and the big disappointments, stay tuned.

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