1/ Arbitrum Ecosystem Projects and how to best capitalize on an $ARBI airdrop.
2/ To start with, you’re going to try to actually qualify for the airdrop. My recommendation is to use the native bridge with some decent volume, try out some of the ecosystem DApps, and be active in the Odyssey. The thread below gives a good rundown.
3/ Now, let's move on to where the big opportunities are. An airdrop is nice, but it probably won't be life-changing. What may be life-changing is how hard most Arbitrum projects will pump if $ARBI is used for incentives. Here are some projects that may benefit from $ARBI.
6/ @Treasure_DAO
The next project is @Treasure_DAO. Treasure is a GameFi ecosystem that is built under dozens of games. Not super bullish on GameFi atm, but the community around Treasure is insanely strong. if Treasure receives $ARBI incentives, $MAGIC will probably pump.
The next project is @Treasure_DAO. Treasure is a GameFi ecosystem that is built under dozens of games. Not super bullish on GameFi atm, but the community around Treasure is insanely strong. if Treasure receives $ARBI incentives, $MAGIC will probably pump.
7/ @DAOJonesOptions
DAO Jones is the next project up on the list, and they provide structured options strategies utilizing Dopex. DAO Jones also has a sizable treasury, and stables alone are about equal to the circulating market cap of $JONES.
debank.com
DAO Jones is the next project up on the list, and they provide structured options strategies utilizing Dopex. DAO Jones also has a sizable treasury, and stables alone are about equal to the circulating market cap of $JONES.
debank.com
8/ @UmamiFinance
Umami is next, and this project focused on providing stable yield by holding $GLP and hedging on @mycelium_xyz. After the product did not work as intended, they took it down until they can fix it. Bullish on the team, and $UMAMI is still earning good ETH yield
Umami is next, and this project focused on providing stable yield by holding $GLP and hedging on @mycelium_xyz. After the product did not work as intended, they took it down until they can fix it. Bullish on the team, and $UMAMI is still earning good ETH yield
9/ @PlutusDAO_io
Next up is Plutus, and you can think of this as the Convex of the Arbitrum ecosystem. They focus on obtaining Arbitrum native governance tokens and creating products around them. Emissions are pretty high right now, so keep that in mind.
Next up is Plutus, and you can think of this as the Convex of the Arbitrum ecosystem. They focus on obtaining Arbitrum native governance tokens and creating products around them. Emissions are pretty high right now, so keep that in mind.
10/ @SperaxUSD
Next up is Sperax, who is kind of the FRAX of the Aritrum ecosystem. Their stablecoin product, USDs, is backed by mostly DAI, USDC, FRAX, and VST. Keep in mind $SPA valuation is kind of high imo. This thread does a good project breakdown
Next up is Sperax, who is kind of the FRAX of the Aritrum ecosystem. Their stablecoin product, USDs, is backed by mostly DAI, USDC, FRAX, and VST. Keep in mind $SPA valuation is kind of high imo. This thread does a good project breakdown
11/ @FinanceLiquid
Next is Liquid Finance, a project who aims to redirect MEV to LPs. Liquid Finance does this through $lqETH, which is pegged ETH, and $LIQD, their main token. This thread does a great in-depth breakdown of Liquid Finance.
Next is Liquid Finance, a project who aims to redirect MEV to LPs. Liquid Finance does this through $lqETH, which is pegged ETH, and $LIQD, their main token. This thread does a great in-depth breakdown of Liquid Finance.
12/ @vestafinance
Vesta Finance is next on the list. They started as a @LiquityProtocol fork, and have built some pretty innovative stuff on top of Liquity's model. If you’re looking for a more thorough breakdown, check this thread out.
Vesta Finance is next on the list. They started as a @LiquityProtocol fork, and have built some pretty innovative stuff on top of Liquity's model. If you’re looking for a more thorough breakdown, check this thread out.
13/ @mycelium_xyz
Formerly @TracerDAO, Mycilium allows users to trade perpetual contracts. There are some minor differences between it and GMX, and if you want to learn more check out this thread.
Formerly @TracerDAO, Mycilium allows users to trade perpetual contracts. There are some minor differences between it and GMX, and if you want to learn more check out this thread.
14/ @RDNTCapital
Next up is Radiant, and they are an omnichain lending protocol. I have heard some fishy stuff about this project, but those could just be rumors, so keep that in mind. This thread does a good in-depth breakdown of what they do.
Next up is Radiant, and they are an omnichain lending protocol. I have heard some fishy stuff about this project, but those could just be rumors, so keep that in mind. This thread does a good in-depth breakdown of what they do.
15/ Upcoming Arbitrum Projects:
Most Arbitrum projects have already pumped pretty hard just in anticipation for $ARBI, but projects that haven't yet launched may have some big opportunities. These next projects haven't launched yet, but probably will soon.
Most Arbitrum projects have already pumped pretty hard just in anticipation for $ARBI, but projects that haven't yet launched may have some big opportunities. These next projects haven't launched yet, but probably will soon.
16/ @y2kfinance
Out of these upcoming projects, Y2K is the most exciting one in my opinion. Y2K allows users to hedge, leverage, speculate, and trade pegged assets. I did a thread on what Y2K is and how to best capitalize on it here.
Out of these upcoming projects, Y2K is the most exciting one in my opinion. Y2K allows users to hedge, leverage, speculate, and trade pegged assets. I did a thread on what Y2K is and how to best capitalize on it here.
17/ @rage_trade
Rage Trade is another perp exchange platform, but is doing some really interesting stuff. Their goal is to be the most capital-efficient perp platform by using 80/20 vaults and recycled liquidity. @bizyugo does a great breakdown on it.
Rage Trade is another perp exchange platform, but is doing some really interesting stuff. Their goal is to be the most capital-efficient perp platform by using 80/20 vaults and recycled liquidity. @bizyugo does a great breakdown on it.
18/ @3xcalibur69
3xcalibur is a “permissionless, liquidationless, oracleless liquidity marketplace, powered by Tri-AMM architecture to facilitate stableswaps, variable swaps and borrowing/lending”. Will probably do a more in-depth thread in the future as it looks interesting.
3xcalibur is a “permissionless, liquidationless, oracleless liquidity marketplace, powered by Tri-AMM architecture to facilitate stableswaps, variable swaps and borrowing/lending”. Will probably do a more in-depth thread in the future as it looks interesting.
19/ @VendorFi
Vendor Finance is up next and allows gives users freedom in defining their own borrowing and lending terms. They just released their beta, and don't have plans for a token as of now. Still doesn't hurt to try out their DApp.
Vendor Finance is up next and allows gives users freedom in defining their own borrowing and lending terms. They just released their beta, and don't have plans for a token as of now. Still doesn't hurt to try out their DApp.
20/ @redactedcartel
Finally is Redacted, which is planning on launching its Hidden Hand on Arbitrum. This would introduce a bribing market onto Arbitrum as well as benefit Redacted and $BTRFLY holders in the case of an $ARBI airdrop. Definitely worth keeping an eye on.
Finally is Redacted, which is planning on launching its Hidden Hand on Arbitrum. This would introduce a bribing market onto Arbitrum as well as benefit Redacted and $BTRFLY holders in the case of an $ARBI airdrop. Definitely worth keeping an eye on.
21/
Overall, Arbitrum seems pretty exciting as of right now. With token incentives on the way and all of these super innovative projects building there, it's hard not to be bullish. I'll update this thread with projects I forgot/projects I find.
Overall, Arbitrum seems pretty exciting as of right now. With token incentives on the way and all of these super innovative projects building there, it's hard not to be bullish. I'll update this thread with projects I forgot/projects I find.
23/ Another good one I forgot about is @GumBallProtocol, who is an NFT x DeFi protocol that allows users to instantly buy and sell tokens representing an index of a GumBall NFT price, take out loans, and much more. Will probably do a deep dive thread on this soon.
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