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MegaETH Deep Dive 🧵/
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The $ORDER token actually has some sense to it when it comes to use-case! - Staked token holders will receive USDC payouts from 60% of net fees generated by Orderly (They have previously generated ~$8.1 million in almost 2 years) Transparently, if the protocol revenues do not continue to accelerate this may not prove to be that much, but love to see the revenue-sharing concept be put into play more.
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DeBridge Airdrop Checker is Live 🔗Paste your address at http://debridge.foundation to check allocation 💸Top 10% of wallets get two distirbutions: 50% at TGE, 50% in 6 months. Here is one of my 10% wallets and what it looks like
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What is one reason you like Farcaster more than other platforms?
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Some of my thoughts on upcoming airdrops Grass: Dust anticipated Orderly: Extended epochs due to market timing and now it is worse, dampened expectations MagicEden: Some hope, huge funding & NFTs marketplace have some more edge to them due to the variety and effort that different activities take. I'm sure it could pay out well for some. Eigenlayer: .... Swell: Overfarmed the community, will benefit whales otherwise add a little bit of yield to most others Kroma: Underfarmed but not hopeful in the valuation DeBridge: Genuinely curious how the quasi ICO strategy pays off (if it's purely focused on fees spent) KiloEx: couple bucks maybe HyperLane: Interested to see what it becomes but I do think that CT overhypes it, especially with the amount of funding relative to other home-run airdrops. KelpDAO: Same as swell Elixir: If deUSD catches traction in defi and Elixir can keep users on their platform then this could end decently, whale-favourable though
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Deep Dive into Redstone Oracles ($15m+ in Funding) ​ dApps urgently need data feeds that are timely, reliable, and secure. Enter RedStone Oracles, a top-tier provider stepping up to meet this demand. Trusted by 100+ dApps and securing billions in value, RedStone offers customizable, cost-efficient data streams. Beyond dApps, RedStone supplies data feeds to blockchains and layer 2 scaling solutions, compatible with both EVM and non-EVM systems. 🧵/
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"Crypto is decentralised" 🤓 (it's not) ​ July 2nd - $8m $TAO hack ; Bittensor is halted ​ June 14th - Stacks down for 9 hours (BTC issue) ​ June 2nd - Velocore is hacked ; Linea is halted ​ May 15th - Degen Chain shut down for 50+hrs for fixes ​ February 23rd - Avalanche is halted for a bug ​ February 6th - Solana halted for 5hrs (11th halt in 2yrs) ​ Blockchains are designed to be decentralized, meaning they are not controlled by a central authority. This aims to ensure transparency, security, and resilience against single points of failure. ​ These examples of setbacks and system halts combat the core principle that the community collectively oversees and validates transactions, maintaining the trust within the network. ​ Ultimately, the smol user does not have power over the VCs and blockchain companies. If you lose your shirt on a scam the chain won't be halted, if it affects the owners directly then the world will stop. ​ It's their chess board and we're just their pawns 😇
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2 aggregators are all that 99% of crypto users need Bridge & Multi-use Aggregator: Jumper Exchange - 25+ chains - 16 bridges - 35 DEX aggregators Swap Aggregator: DefiLlama Swaps - 17+ chains - 9 DEX aggregators - Route directly through DEX contract
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The dark horse of networks: TRON A network that is never discussed on CT but manages to consistently hold #2 TVL with over $7B. There are only 34 major protocols on Tron according to DefiLlama yet it manages enormous volumes daily. Where is this coming from? - Tron is largely used in Asia and Africa for small payment transactions. You can transfer stablecoins with no fee for the sender - Some of the largest USDT supply lives on Tron with $55B+ - It's a standard way to transfer funds between exchanges - I assume it is used heavily by institutions moving large amounts of USDT
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The idea of using LSTs as a Solana version of a Kickstarter is fascinating. Currently, there aren't many ways of getting your project funded besides VCs and bootstrapping and projects creating LSTs would open a pretty safe alternative of supporting projects you have faith in while keeping your risk exposure purely to the SOL price. There are Web3 crowdfunding projects like Inqubeta where you buy a share of an NFT if I remember correctly but they also had their own token and all sorts. This proposal of LSTs for projects trumps this 100 times over due to the fact you can crowdfund a project with a more liquid, purely SOL-exposed token.
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Yield-farming on Blast with $USDB is somehow being slept on... 1/ You can provide $USDB on Splice Fi (splice_fi on X) to earn a staggering 60% APY on a stablecoin You are foregoing Blast points in this scenario, but capitalising heavily on increased yields! If you want Blast Gold the next option helps
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My Current Airdrop Tier List 🐒
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Summary of ether.fi's New Product: 'Cash' What is it? - A mobile wallet + Visa credit card usable globally How’s it work? - Two options for spending money 1. Borrow USDC against your ether.fi assets 2. Swap your assets into USDC for instant settlement - The card can be paid off by your Stake and Liquid rewards
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What do you think of Sei V2? Will it make you use the network? Will development finally be prominent on the network? Will we see only redeploys or will developers build out new dapps on Sei? What’ll happen to Sei staking vol? How will the TVL look? What’ll happen to the price of SEI? @seinetwork /sei /seinetwork
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