IgnasDeFi

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Age 1.6 Year
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Used and farmed Stacks ecosystem airdrops for months.
Finally, my first airdrop allocation dropped.
$4 USD in $ZEST.
The other $36 are vested for 6 months.
STX4.66%
ZEST-9.36%
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Where to find crypto 'alpha' in the AI age?
We used to read whitepapers, forums, but now LLMs aggregate CT in real time and we consume same 'consensus trades' takes.
I think our human edge will stay where AIs can't 'enter':
- Opening new apps yourself and forming opinions from actually using the product. Get a degen wallet, try stuff that's trending on CT or your friends recommend. Have your opinion on it.
- Talk to builders. I love builders who tweet their progress and thoughts. DMs to devs are hard if you don't have many followers, but don’t be afraid to try your luck with genuine feedback o
ALT7.63%
HYPE6.99%
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Where to find crypto 'alpha' in the AI age?
We used to read whitepapers, forums, but now LLMs aggregate CT in real time and we consume same 'consensus trades' takes.
I think our human edge will stay where AIs can't 'enter':
- Opening new apps yourself and forming opinions from actually using the product. Get a degen wallet, try stuff that's trending on CT or your friends recommend. Have your opinion on it.
- Talk to builders. I love builders who tweet their progress and thoughts. DMs to devs can feel hard, but don’t be afraid to try your luck with genuine feedback or questions.
- Read the sour
ALT7.63%
HYPE6.99%
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-> Sees Pheonix perp shilled by Solana ppl
-> Wants to try
-> Needs code as app is in 'Private beta'
-> Disappointed. Closes app.
What's the point to shill app ppl can't try?
SOL1.76%
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From trading pre-TGE tokens to pre-IPO tokens, crypto really found a massive PMF.
- Institutional capital could deploy
- Democratizes access for retail
- Brings tx, fees, TVL onchain
Even more bullish where pre-IPO onchain assets LEAD price discovery.
Hyperliquid
HYPE6.99%
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Bitcoin-to-Nasdaq correlation is the lowest since 2018.
And dropping fast.
The high positive correlation was almost a meme that "btc is just levered Nasdaq" but that's not true anymore.
Correlation is now NEGATIVE 0.44 which means BTC and Nasdaq are moving in opposite directions today.
Last time correlation was this negative, BTC was around $5K.
Now it's at ~$110K and decoupling from tech again ..but on the wrong direction.
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Finally seeing 0-to-1 mechanics in crypto again.
Feels like since 2022 we've recycled similar models, but a few apps are actually building new mechanics this cycle:
- @papertrade_xyz: $PAPER mints when you lose trades, and the LP grows from those losses. Fair launch is great.
- @Euphoria_fi: tap-to-trade derivatives that are actually fun to play. Mobile-first contrasts with PC-optimized old DeFi apps. Gotta try before having an opinion.
- @hitdotone: 666x leverage but... on a random direction.
- @apyx_fi: stablecoin yield comes from preferred-equity dividends paid by public companies like MSTR
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Dead bodies who longed $MEGA bottoms are gonna surface soon
MEGA0.38%
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LongZiyang:
Then let's leave it empty @
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I'm back to trading crypto after months of barely touching my wallets.
The market is still relatively clean of froth but spots of opportunities keep emerging:
$TON mooning after Pavel/TON news. Good news finally moving price.
$ZEC mooning after Saylor said he could dump BTC. ZEC has no ETF/Saylor overhead
$TRX up only the whole bear market
• $MEGA price action is pathetic but the market dynamics are fun to analyze.
Plus RFV raiders chasing undervalued DAOs, CLARITY potentially passing (good for alts), and new tokens (Poly etc.) launching soon for extra fun.
The big difference from past r
TON1.91%
ZEC11.28%
BTC0.51%
TRX1.03%
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RFV Raiders are back. Gnosis DAO is the new target.
It's a fun game, but first... a reminder:
In 2023 Real Value Raiders took down Rook (5x return), Tribe (Fei wind-down), and you'll probably remember they pushed Aragon to repurpose its treasury (they fought back).
Old playbook was finding DAOs where token mcap < treasury value, accumulate enough tokens, force a dissolution vote, distribute the treasury pro-rata.
Now the playbook is harder to fight.
----
GIP-150 on Gnosis is the new playbook:
Gnosis treasury sits at $223M (ETH, stables, ecosystem tokens). 1.3M GNO tokens are eligible to redeem
GNO0.77%
FUN0.36%
IN3.65%
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Public request to MegaETH's World markets perp DEX:
Please add PnL info.
Such a basic thing, but why missing? @worldmarketsinc
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What's the most interesting thing you read about crypto recently?
Please share!
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I'm always amazed when equities and gold dump while crypto pumps.
Rarely happens. And often retraces hours later.
Will history be made today?
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Some of the $MEGA unlocks in Flux are essentially calendar money.
The Ethereum Uptime KPI has 3 tranches gated on Ethereum being live for 11, 12, and 13 years.
Ethereum launched July 30, 2015 so the first 25M $MEGA tranche ($3.76M) unlocks July 30, 2026.
About 3 months away.
If Ethereum has downtime, these tokens stay basically locked lol (never happened before!)
Plus, 25M $MEGA unlocks when Ethereum's Glamsterdam hardfork launches, as soon as June but likely later.
Another low-hanging fruit is block times: 50M $MEGA unlocks if/when 90% of miniblocks are below 12ms blocktime for 30 days.
Easil
MEGA0.38%
FLUX4.18%
ETH0.69%
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Hope MegaETH succeeds:
Mega still targets crypto natives with CT cultured marketing, airdrop terminal, token allocation to core communities etc.
While Tempo, Canton and other corpo-chains target institutions, payments RWAs while totally sidelining crypto natives.
If Tempo or Canton does well, does an average CT person profit much?
Nope.
Mega is our opportunity.
MEGA0.38%
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Multiple hacks per day in crypto.
Many recent hacks involve (1) small amounts, (2) niche sectors, and (3) relatively older protocols.
Sweat, for example, launched in 2022 as a walk-to-earn app.
The exploit targeted the SWEAT token contract on NEAR. Their GitHub update history shows they weren't actively maintaining their public repositories before the hack.
Their core DeFi/growth feature was last updated 7 months ago.
I bet other hacks share similar patterns.
Just like I look for protocols to farm for airdrops that fit my criteria, hackers likely use the latest AI models to target protocols th
SWEAT29.66%
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DeFi needs new high-yield, high-risk products onchain.
Everyone knows DeFi yields are too low for the risks we take, so while we reduce exploit risks on one side, we need new financial primitives for high yield.
The demand for these products already exists.
Despite the risks the demand for high yield products is high:
• High yield corporate: ~7-9%
• Private credit: ~8-12%, some strategies up to 15%
• Private equity: ~12-18% (7-10 year lockups)
In contrast, stablecoins yield between 3% to 5% and that's because rsETH hack temporarily increased yield.
Seriously, DeFi risk profile looks good when
CFG1.24%
ENA2.55%
USDE-0.01%
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New blog post: The DeFi Degen’s Playbook for MegaETH Ecosystem
- Two Forces for Mega
- Why $MEGA?
- What others are saying
- Apps to try out
Read it here:
MEGA0.38%
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Teams lining up one after another to contribute to the rsETH recovery is one of the most wholesome moments in DeFi.
Reminds you what this space can actually do when it matters.
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