My IRL friend @Taknmdwn is a professional trader with a gift for explaining stuff. Great dude, great videos. Covers TradFi and our beloved Crypto universe.
He would appreciate a follow/like tons! 🙂
I am def minting some too and using @krocbot_KAS! Was one of the testers and @cryptocoinfi & the team did a fantastic job building the bot!
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Having tons of fun working with @AltPartisan and all the other skilled folks at @NextWaveHunters!
I gotta feeling that something cool is being built here (not being biased at all😉) Do you have valuable skills (see message) and you want to leverage those to work for cool crypto projects? Send me or @AltPartisan a DM.
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$KIP is almost launching its token, and they launched a cool campaign where you can earn points for an airdrop!
I am finishing writing a thread about them, and the more I research, the more I like the project!
@KIPprotocol
🚨 KIP The Uprising is live! uprising.kip.pro/
Complete quests, collect boosters, and stack points on your way to the top ✊🔥
Join us for a thrilling journey leading up to $KIP token launch.
Find out more 🧵👇
So it begins...
Elastians: It is time. The final component for the (E,E) Flywheel, the pioneering Elastic Vault, has been successfully launched!
To begin, the Elastic Treasury has deposited 250k $AMPL into the Vault. Over time, this position will scale to 1.5 Million AMPLs as soon as we deem it safe based on its beta testing in the wild. Our audit passed with flying colors from @Omniscia_sec but this process is still necessary for the safety of all future depositors. Be patient.
➕➕➕➕➕➕➕➕➕➕➕➕➕➕➕
In addition to the launch of the Elastic Vault we will be launching our $AMPL Buying program via $EEFI Bonding. This means a majority of EEFI Bonding proceeds will go to purchasing $AMPL as our main Growth Asset. This program will begin with the Treasury purchasing about $250k of AMPL.
As more Bonds are sold the buying will ramp up until we hit $5 Million worth of purchases. The AMPL Buying program will continue over the next 3-5 months. To begin, we will use a Dollar Cost Average approach to acquiring $AMPL with EEFI Bonding until Bitcoin recovers to the upside.
Our Bonding program has been wildly successful so far raising around $500k on a Bitcoin dip. Bond proceeds have been used to thicken $EEFI | $wETH liquidity and devote Treasury resources to acquiring Growth Assets. More than 100 $EEFI has been burned with the yields from those assets in a short amount of time.
But there isn’t a Growth Asset’s earnings right now that can compare to “yields” earned daily from Positive Rebases on $AMPL (in the 1%-7% range DAILY).
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
Therefore with the launch of the Elastic Vault a majority of EEFI Bonding proceeds will go to buying and depositing $AMPL for the Elastic Vault. The viral nature of these two flywheel components working together on $AMPL | $SPOT should speak for itself.
But, in simple terms, the more AMPL bought and deposited into the Elastic Vault the more EEFI can be bought in larger quantities and burned. The AMPL buying program also strengthens AMPL as an asset, allowing it to scale faster, which is helpful for $SPOT and the growing elastic finance ecosystem.
➕➕➕➕➕➕➕➕➕➕➕➕➕➕➕
The activities associated with the Elastic Vault + EEFI Bonding for $AMPL are the basis of EeFi Summer 2024 campaign to come and the wider promotion of the project into mainstream status. For the time being, understand the market is still finding its footing. During this time of uncertainty it is important for everyone to remain patient. With the Elastic Vault now launched the market will come to us Elastians. IT WILL COME.
Finally it’s important to note, Third party deposits (you) have NOT been enabled via the app UI. We have disabled third-party Elastic Vault deposits during the beta phase for security purposes. Once the beta phase of the Elastic Vault is over, third-party deposits including adding OHM | EEFI LP tokens for liquidity rewards will be enabled. This will be announced.
This is very cool.
EstateX, a project that aims to change the real estate landscape, has been selected for a crypto reality TV show called Crypto Knights.
Also, they are from the Netherlands, which makes them even cooler.
Succes vrienden!
In all transparency, I was privileged enough to be part of their presale!😃. This means that I am biased in everything that I write about them, now and in the future.😃
🚨 BREAKING: ESTATEX TO BE FEATURED IN THE BIGGEST WORLDWIDE CRYPTO REALITY TV SHOW 🚨
Today marks a monumental moment in #EstateX history—a day that will shape the trajectory of our project post-launch and attract countless eyeballs to this historic endeavor.
📺 EstateX TO BE FEATURED IN A WORLDWIDE CRYPTO REALITY TV SHOW 📺
Get ready, because EstateX is stepping into the spotlight with a groundbreaking appearance on the exclusive crypto reality TV show, @ritestream_io's Crypto Knights! This captivating series will offer viewers an inside look into our daily operations and business activities, with after the reality part offering a twist of Shark Tank and The Apprentice.
But here's the kicker—Crypto Knights is not your average reality show. Only the crème de la crème have been handpicked to participate, and out of uncountable applications EstateX is among the elite contenders. We're entering the arena with one goal in mind: Victory.
Featuring five esteemed crypto 'Knights', including the ex-CEO of OKX, Jay Hao and our esteemed investor @BrianDEvans, along with an A-list celebrity judge (trust us, it's massive), and an array of top-tier KOLs, Crypto Knights promises to be an exhilarating spectacle unlike any other.
🌐 HOW BIG IS THIS SHOW? 🌐
Prepare to be awestruck because Crypto Knights is set to make waves as the first-ever crypto show to grace the biggest streaming platform worldwide. While we can't reveal the name just yet, rest assured, it's a juggernaut. We can’t announce the name yet, but you can fill in for yourself which one it is going to be.
With producers behind hit shows like The Challenger Muaythai, The Biggest Loser Asia, and The Apartment, Crypto Knights will be broadcasted in over 25+ countries, captivating an audience of 250M+ viewers worldwide. This translates to MASSIVE exposure for EstateX, showcasing our business solutions, achievements, team, and of course, the $ESX Token.
And the excitement doesn't end there! Following its initial airing, the show will be replayed for 3-5 years on national prime TV channels all over the world, ensuring sustained exposure and solidifying EstateX's position as an industry game-changer.
After we have launched, this exposure can’t be met anywhere else, and will give us an enormous publicity head start over any other #RWA project. Multi millions of eyeballs will be focused towards EstateX.
🚀 ONWARDS & UPWARDS! 🚀
Sit tight EstateX Family, much more will be announced about this, but the airing of this show will most likely fall within the cliff period of the vesting. This means a huge step in our after launch marketing plan, and also adds to our longevity approach confirming once again that launch is just the start of this industry changing project!
Sit tight, EstateX Family, because there's plenty more to come! The launch is just the beginning—get ready to witness EstateX make history like never before! 🌟
$BNB $ETH
#ESX #BSC #ETH #EstateX #Web3 #Blockchain #RealEstateInvesting #RWA #RWAs #RWAsRising #RealWorldAssets
Markets down? Doesn't matter; we are building! @devolvedai $AGC
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Honored to be part of the team and very excited about the future of @devolvedai 🫡
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0xReady retweeted
@devolvedai's new website is live. It looks absolutely fire 🔥
Oh yeah, before I forget: I recently joined the team😀. Looking forward to letting the rest of the world know about @devolvedai $AGC.
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The Cryptolands are full of Ponzi's. They can be fun, widely lucrative, and sometimes even ethical. Yet, they never last.
But, could there be a protocol that is as lucrative as a Ponzi but also sustainable?
This is precisely what @elasticfinance ($EEFI) is aiming at.
A 🧵,
The Lay of the Land
When people/organizations get some 💶, they start looking for a yield. Boomers call it cash flow, and your favorite internet guru calls it passive income. It happened in TradFi and now happens in DeFi.
Yet, there is a problem with DeFi. In uptrends, yield opportunities are abundant and often very lucrative.
Well, in downtrends, there ain’t…
The Solution
Meet Elastic Finance ($EEFI), a project that aims to build yield strategies across bull and bear markets. Now, every yield protocol promises this, so the goal itself doesn’t impress me. What impresses me is their approach.
EEFI as a leveraged bet on AMPL.
$EEFI is initially a leveraged bet on $AMPL. Now you might ask: before explaining one token, you already throw in another? Haha, yes. Let me explain.
$AMPL is a decentralized unit of account. Its goal is to track the CPI-adjusted dollar of 2019 (now around $1.18). If the price goes under or above the target, the $AMPL supply contracts or expands.
This means that the number of tokens in your wallet increases when the price increases and decreases when the price decreases. Eventually, due to this mechanism, the price will come back to that dollar price.
Back to $EEFI. They did an LPB launch where they raised about $5M, which was used to buy $AMPL. They acquired 4.1m $AMPL for their main product, the Elastic Vault. This vault works as follows:
💠 If $AMPL is in a positive rebase (above $ price), the extra AMPL tokens will be used to buy & burn $EEFI.
💠 If $AMPL is in a neutral rebase ($ price), $EEFI will be minted. The more AMPL in the vault, the more $EEFI is minted.
💠 If $AMPL is in a negative rebase (below $ price), $EEFI will be minted.
The flywheel explained
In reading about $EEFI, you also read about ‘flywheel’. This certain set of mechanisms should cause a positive feedback loop for both the $EEFI price and the % yield of the vault.
Part 1 of the flywheel is The EEFI Furnace. Remember the $AMPL rebase? In a positive rebase, you have a daily % price change, leading to extra AMPL tokens in the vault (see image below). A portion will be used to buy and burn EEFI, and so far, $200.000 in EEFI has been burned.
In a longer positive rebase, these numbers can go high and with the relatively low current supply, this causes some major buy pressure. It's called the Force Multiplier effect (FME). If $AMPL goes to the moon, $EEFI is heading to another universe. The effect of this can already be seen: since the Furnace went live (8th of March), the price of EEFI did a 5x.
The second part of the flywheel is the $PEAS pod. Since its launch, $32.000 in rewards has been collected. # 3 and 4 have yet to be revealed, but I feel it has something to do with their plans for sub-vaults and their $OHM partnership. Yes, the elastic vault and focus on $AMPL is just the beginning.
From (3,3) to (E,E).
With $OHM, (3,3) was introduced, a game theoretical framework where all parties would gain if staking was done by all. It’s a bit of a meme because the $OHM uptrend didn’t last. Yet, @elasticprotocol innovated and created (E,E), which outlines a social coordination strategy:
High EEFI emissions → The neutral base gets the highest $EEFI emissions. So, when $AMPL is in a negative rebase, stakers are incentivized to buy $AMPL to bring it to neutral base.
Higher EEFI burns—> This benefits both vault users and EEFI holders due to a decreasing $EEFI supply. In a positive rebase, both vault stakers and EEFI holders could coordinate to sustain the positive rebase and grow both the Elastic and Ampleforth protocols.
The Team
The team currently has seven people working on the project, including three co-founders. One worked at $OHM, and all seem to be OG crypto people. They also have an official partnership with $OHM, which gives them further legitimacy.
The Tokenomics / Financials
$EEFI doesn’t have a maximum supply. WHAATT?? Well, it depends on the rebase status of AMPL. $EEFI is only minted when $AMPL is in a neutral/negative rebase. When $AMPL hasn’t been in a positive rebase for 45 days, the $EEFI minting stops to prevent a Luna 2.0. The seed round unlocks start in April. The presale prices were $10 and $12, so they are up 120x and 100x. Although I feel those investors agree there is more in the tank for this project, it's hard to believe there won’t be selling pressure coming from them.
The Adoption
▶️ The $EEFI vault has acquired 4.1M $AMPL (Top 10 holders currently)
▶️ More than $200.000.- of $EEFI has already been burned due to $AMPLs positive rebase.
▶️ More than 32.000 of fees were collected by the $PEAS pod.
The Reasons ‘why not’
My main concern with $EEFI is the general lack of interest in Crypto and DeFi in the bear market. The price will eventually tank as a function of the speculative nature of crypto. A good yield on a token whose price keeps going down isn’t so good anymore. But I'm obviously happy to be proven wrong by the team 🙂.
The Road Ahead
▶️ The main vault has yet to be launched (date TBD).
▶️ The Sub-vaults are also yet to be launched.
▶️ The opportunities within the $OHM ecosystem have yet to fruition.
The Conclusion:
I love the protocol. It's innovative and the choice for $AMPL is fantastic, IMO. The money printer will eventually go BRRR again, which will create further inflation (well, debasement, actually). IMO, this will popularize the flatcoin narrative even further, and $AMPL is spearheading that narrative.
Finally, I don’t see many big accounts talking about the project, and their Twitter only has 7.000 followers. This makes me even more bullish. Again, we will have to wait to see how sustainable the project is.
But for now - f*ck it - I am just going to say it: 1 EEFI = 1 BTC 💪
Obviously, this is not NFA. I am just a random dude on the internet who likes to talk crypto. I have also been involved in this project since the LBP. So, yes, I am severely biased and would love to see 1 EEFI become 1 BTC.
If you have made it this far, so sorry for this long review, but I feel honored, my friend!
—
Want to know more about $EEFI? Look up these guys:
@ChillTRD
@RVNFTproject
—
Friends, I know you get tagged tons, but If you like the review, it would be awesome if you could share it with your community:
@CryptoxHunter
@izu_crypt
@whalepoon
@crypto_leszcz
@CryptoWizardd
@cryptocevo
@CryptoGideon_
@jkrdoc
@0xelonmoney
@KaminoCrypto
@Taknmdwn
@V2Chenz
@EzMoneyGems
@fomohilator
@resdegen
@Xim2EFI
'Rather than learning to trade these swings, learn to manage the swings in your emotion'
You probably are following @CryptoElPres already. If you don't, you should. His content is awesome.
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0xReady retweeted
@TonyBet_ with a great video about the uniqueness and necessity of $SPACE @mvcglobal
Next time I am on a date and I say something dumb, I’ll just say: not my fault, it’s shut off your brain season…🧠🗑️
Two of my favs joining forces. Congrats to both teams!
KIP Protocol & @devolvedai leveled up AI! 🤝
Reimagine DeAI future with…
🔗 AI tooling to broaden opportunities for AI enthusiasts, builders & data providers in both protocols
🔐 Privacy-preserving datasets to scale, enrich #KnowledgeFi and RAG infrastructure
💻 Community GPUs to accelerate AI model training & powers decentralized development
$KIP & $AGC strategic alliance empowering YOU in an open, decentralized & inclusive future
Great thread by @MalepoCrypto. A lot of golden nuggets by great researchers. Honored to be named among them.
THE WINNING FORMULA OF THE SMARTEST:
• Investors
• Traders
• Researchers
IS EXPOSED!!
Here is their answer to "THE QUESTION" 🧵...
@CryptoNagato
I don’t know if this is the thing that had the most significant impact on my success, honestly.
But I feel like it’s something everybody should strive for, not only in the Crypto/investing world but regarding life in general.
INSTEAD OF BEING IMPATIENT ABOUT THE RESULTS, BE IMPATIENT ABOUT THE INPUTS YOU HAVE TO “PUT IN” TO GENERATE THE RESULTS YOU WANT.
Let me explain this with a quick example about the Crypto world:
Even if you try as hard as you can, you CAN’T control when the bull market comes, and your investments will pay off (desired output).
So, spending every day being impatient about that it’s beyond stupid.
Total waste of time, no?
On the other hand, there are a myriad of other inputs you CAN control that will significantly increase your odds of manifesting your desired output once the right time comes (making money).
So, YOU SHOULD BE IMPATIENT ABOUT THEM.
• Be impatient about doing more research on new tokens.
• Be impatient about learning market cycles.
• Be impatient about working harder so you can invest more money.
WHEN YOU FOCUS ON HIGH-QUALITY, MEANINGFUL INPUTS (process) WITH CONSISTENCY, ACHIEVING THE DESIRED OUTPUT (results) IS ALMOST INEVITABLE.
