DeFiDecoder

Crypto cycles are becoming increasingly harder to keep track of
Every cycle gets louder and it feels like it's harder to make gains from it, unless you come in early and invest in solid fundamentals
Trenches should be for play money, $KAS is for real investments

Hope you didn't forget about the machine economic revolution of $PEAQ 🤖
Because @peaq is one of the most lively protocols of this bear market and bound for a crazy rise in the bull
Here are some of the things it did in July 👇

Every bull market creates new winners, and every bear reveals which projects were actually building
Can you guess where I'm going with this?
To $KAS , still shipping in the middle of the Summer and beyond

There will be 3 different demand channels for $PEAQ with the new tokenomics:
1️⃣ Machines bond: Every machine using peaqOS will need to activate @peaq bonds to do business, and renew them regularly
2️⃣ Validators stake: Validating will scale higher as the number of machines grows
3️⃣ Exit burns: 50% of every leaving bond will be burned forever
That's about 38M PEAQ that will need to be bonded buy the current ~3.3M machines already live on the chain

Incredible how $SOL printed 10 consecutive red candles
The death of trenches has been devastating for the chain and Solana will need some serious product release (like a dApp with a new idea launching on it)
Still, I think we're close to the bottom

There are 4 main wallets to hold and store your $KAS 👇
Which one you should use depends on your operating system and a short list of characteristics
They're all 100% self-custody and extremely low in fees cost, so you can't go wrong there

ETF inflows decent for $ETH in the past week, +$9.23M
Nothing crazy, but still green it is
The big level to break through is still $2,000 both for the psychological barrier and the resistance

Still holding strong despite the general bearishness of the market
$KAS has been building a decent bottom between $700M and $800M for quite some time now
Coiling up for a beautiful 2027 run 👀

Where most blockchains treat time like a train track, pushing one block after another, $KAS does things differently:
Kaspa's BlockDAG treats time like a spider web
Every block can birth 2 or 3 more, and so on to an exponential reduction in block time while still being a PoW.

Most chains sacrificed speed for security, thinking the Trilemma is unsolvable
But $KAS never compromised 🔻
GhostDAG processes parallel blocks instead of simply dropping them like BTC does
PoW 2.0

~760M in market cap and basically the same FDV
The first $KAS run was fueled by the hype of a new system of PoW networks going live
The second will be even crazier as the system is now proven solid

Returning to ATH for $KAS from here would mean a 625% move up
That may sound like a lot, but early Bitcoin days saw the same on the king
Kaspa is exactly in the state that early Bitcoin was in
Care to guess how high we'll actually get in ten years? 🤔

What if you wanted to position yourself on $SHIP before the token even launched?
Here's a quick guide to hold a piece of the international maritime shipping industry with 10 minutes of tasks 👇
1️⃣ Why would you even do it?
@EthraShip is the first protocol ever to tokenize the activity and revenue of its real world fleet and provide access to it onchain, to everybody in the world
Holding and staking $SHIP will be how you do it
2️⃣ Positioning yourself before TGE
There's a list of missions on Ethra's website that you can start doing right away to earn points
If you've been in crypto long enough

Many people mistakenly thought that $KAS was trying to become Ethereum
Probably because of BTC as digital gold and KAS as digital silver (#2 right?)
But Kaspa's core proposition isn't the smart contract itself, it's speed and scalability for a PoW network

Every now and then, a project like $KAS appears and creates an entire new category for the market
In this case, Kaspa gave rise to the blockDAG space
A revolution for Proof of Work networks which brings the possible speed to multiples of what BTC can do

Think I might go on a deeper dive into what @EthraShip is and why I think it's a wave of fresh air
⚓ First, the macro area it fits in: RWAs
Ethra is an RWA protocol for Maritime Capital Markets, designed to bring the shipping industry onchain, built by Ethra Invest
Ethra Invest is based in Dubai and has been operating in the dry bulk vessels (owning them as well) since 2021
⚓ The $SHIP token
How else would you bring a real-world based business onchain? With a token of course
Holding $SHIP = Gain exposure to the underlying fleet
The fleet consists of 3 Handsize carriers and holding+staking earn

Good week for $KAS
The Toccata hard Fork and the price keeping on top of the solid bottom is everything I wanted to see
Full success on all fronts
Above $0.03 for now, back to $0.10 by the end of the year?