1/ Been thinking a lot about token design lately. Made a tier list of token designs and organized some thoughts on tokens that stick out to me.
Also have some way-to-early predictions for next cycle’s blow off top 🧵
- How does the Zora flywheel work? The term "flywheel" is overused in crypto, but Zora's tokenomics model is worth a closer look. Zora is engineered around a simple 3% fee on every trade: 1% to the creator, 1% to Zora, and 1% to the Liquidity Positions (LP). Every asset on the
- I’m thinking something like this for $MON... - premarket traders, apparently. I did premarket trading for the first time to long MON under $6B. Here’s my mid-curve thesis: Do you really think they raised $250M, took 3 years to rebuild Ethereum from the ground up, hired CTs top
- STRK is prob the only L2 token you can be truly comfortable holding into a mystery Ethereum 3.0 announcement
- Coinbase just acquired Echo for $375M. Coinbase now appears to be leaning heavily into the Internet Capital Markets (ICM) narrative. Here is a quick post debriefing the move and what it means for Base ecosystem projects such as @noicedotso, an ICM sleeper. Solana’s ICM pitch
- Uniswap, the most successful DeFi protocol of all time, with notorious alignment issues and governance charades, finally makes things right, helps establish a new standard for tokens and signals a hospitable legal climate to do so vetoken people: How can we make this about us??
- Liquity v2 is quietly building the most efficient bribe market in crypto. The bribe meta has been a fixture in DeFi with Curve, Aerodrome, and now Liquity v2. However, bribe incentives come at the expense of token holders through inflationary rewards. This makes
- It's hard to describe how much i dislike what Maker has become. Let me go to Maker, no, let me go to Oasis, no, lemme go to Spark, no, lemme go to Sky oh wait let me get a residential proxy in Guatemala so i can use this aspiring ouroboros of forked tech to save 60 bps on my
- LQTY: - $90M - effectively fully diluted - liquid and CEX-listed - 80% up from ATL, 98% down from ATH - upcoming v2 brining innovation in both mechanism design and token design - best practices, well-respected, multi-cycle team w surprisingly high amt of juice - PvE, every number
- Sanctum might be Solana's most overlooked protocol. They have quietly become Solana's 4th largest DeFi protocol by making every liquid staking token on Solana liquid. But what’s driving this growth? For context, @sanctumso is a liquidity-oriented product suite for Solana LSTs,
- This is spectacular. Vesu is literally @buildabear for lending. The most permissionless design I've ever seen, pool creators have even more control than on Rari Fuse. At this point, you've got serious blinders on if ur fading Starknet. Moving the needle with new ideas built1/ The wait is over. Vesu’s Pools Page is here! Creating lending pools is now simple and fully customizable. Launch your own or explore new pools from expert curators! Permissionless, customizable, and open to everyone.👇
