Ignas | DeFi

@ignas

149 Following

1733 Followers

Ignas | DeFi pfp

Everything You Don't Want to Know about XRP Ledger: Wallets, Memecoins and More. In this post, I share: • How XRP Ledger works • What are Trust lines, Reserves, Rippling... • How to get rekt trading XRP memecoins (& provide LP) Read it here: https://www.ignasdefi.com/p/everything-you-dont-want-to-know

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In 2000, the UK’s economy was roughly the same size as India’s and China’s combined. Fast forward to now: - China is 5x bigger than the UK. - India has overtaken the UK. - The global economic landscape has radically shifted. In numbers: - UK GDP: $1.6T (2000) → $3.3T (2023) - India GDP: $0.48T (2000) → $3.55T (2023) - China GDP: $1.2T (2000) → $17.8T (2023) Economic power is shifting from the West to Asia.

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Fluid: The Next Zero-to-One Innovation in DeFi I believe Instadapp's Fluid and its token $INST are still overlooked but possess huge potential. In this post I share my bullish thesis. https://x.com/DefiIgnas/status/1861059174320181250

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"It's hard to fault people for wanting to get rich quick if they have lost faith in their ability to get rich slow."

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The banks in UK don't allow you to buy crypto. Or they put limits up to 10k GBP per month. Is it a free country?

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Certainly Bullish State of the Market & What's Next • How bullish is the market visualized in charts • Why memecoin are impossible to ignore • Sector outperforming memes: DeSci • Ethereum vs Solana Read it here: https://www.ignasdefi.com/p/certainly-bullish-state-of-the-market

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And then you win.

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Noticed that since the new channel policy people just don’t bother to post in channels altogether. Same for me.

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Could BTC hit $1 million. Crazy seeing Bloomberg posting like an engagement farming influencer. And this is what boomers see! Hah

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My top advice for the bull run ↓ Be curious and click as many buttons as you can. The best gains come from new, innovative products (especially those that confuse you the most) but many are just too lazy to try them. Seriously, $ADA is up 40% today, and many just shout that dumb retail is here. Maybe there's something more to it? Instead of rejecting it, get a wallet, buy some tokens, and try to use dApps. You'll have a huge edge over those who don't. Maybe it's trash. Or maybe it's amazing. If you like what you see, check token valuations, community sentiment, and buy just a little be to have skin in the game. Especially, if Cardano continues to go up, wealth effect will ripple through all ecosystem. Obviously, I'm not saying to be bullish on Cardano. It can be Stacks, Aptos, Sui, Polkadot etc. Be open-minded, curious and learn by doing. Don't simply follow the general sentiment on X. It's often wrong as we were about the death of Solana just a year ago.

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That’s why I love Farcaster. Geeky stuff like this wouldn’t make through X algo

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We’ll spend a month or two at 3k eth. Straight to 4k now

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ETH $3k SOL $200

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Phairdrop s2 is live. But I can’t seem to find the claim on the app. It means I’m not eligible?

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What a headline

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The Crypto Game: How to Play & Win • Why does making money in crypto feel like a game? • What role do you play in it? • Tips on how to choose and win your crypto game Read it here: https://www.ignasdefi.com/p/the-crypto-game-how-to-play-and-win

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I heard @aethernet gives free money if you ask? Weird if you ask me

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More L2s, More Bearish on ETH? Prevailing sentiment is that another L2 adds to the worsening UX and liquidity fragmentation frictions, so bearish ETH. But we’ve already crossed the Rubicon on L2 scaling, and there’s no turning back. It's time to reframe the narrative and see new L2 launches as bullish for Ethereum. Naive for me to say, right?

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The Uni L2 launch isn't too surprising as Uniswap aims to be a platform, not just a dApp. The first step was announcing Uniswap V4 with "hooks." Think of them as "plugins" or "extensions" that allow for the execution of customized code during key events within a pool like: • on-chain limit orders • autocompound LP fees • KYC The "hooks" are like bringing App Store to the iPhone. Like Apple no longer needed to develop iPhone apps themselves, devs can build on top of Uniswap. Now, the L2 further solidifies their dominance and liquidity. This is bullish for $UNI as Uniswap DAO now has many more options for token utility. Notice how Unichain's announcement doesn't mention token utility: they are keeping the options for now and discussions in the forum will start. Fee switch is not the only option anymore.

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Daily rant that new channel model just sucks. Improve the algorithm so that the best posts feature in channels. Now, you just limit the potential of good content in those channels. I can't even most in my favorite channels. As a content creator I don't feel welcomed here. @dwr.eth

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