November Investing Plan
A look at the most promising opportunities ahead and my view on the state of DeFi. 🕵️♂️
• the rationale behind my recent investments
• yield strategies for ETH and stablecoins
• projects I'm monitoring
Here's a breakdown of my strategy this month👇
A look at the most promising opportunities ahead and my view on the state of DeFi. 🕵️♂️
• the rationale behind my recent investments
• yield strategies for ETH and stablecoins
• projects I'm monitoring
Here's a breakdown of my strategy this month👇
An overview of my top crypto holdings right now:
• ≈50% stables
• a large stack of $ETH
• $GMX - a perpetual DEX
• $GNS - a perpetual DEX
• $KUJI - a L1 for community selected projects
• $JOE - a Multi-Functional DeFi trading platform on #Avalanche
• ≈50% stables
• a large stack of $ETH
• $GMX - a perpetual DEX
• $GNS - a perpetual DEX
• $KUJI - a L1 for community selected projects
• $JOE - a Multi-Functional DeFi trading platform on #Avalanche
@ethereum
As long as the $ETH price doesn't increase above $2000, I'll continue DCA'ing into it for the long term.
Rationale:
→Ethereum L2s continue to raise in popularity
→$ETH issuance has decreased significantly
→Ethereum Share of Active Devs has increased this year
As long as the $ETH price doesn't increase above $2000, I'll continue DCA'ing into it for the long term.
Rationale:
→Ethereum L2s continue to raise in popularity
→$ETH issuance has decreased significantly
→Ethereum Share of Active Devs has increased this year
@GMX_IO
Catalyst: Synthetics launch
With synthetics likely to increase GMX volume, I'll DCA into $GMX until it reaches $45.
Rationale:
→great tokenomics
→strong community
→synthetics will allow the permissionless creation of markets
A 🧵 on GMX's Synthetics:
Catalyst: Synthetics launch
With synthetics likely to increase GMX volume, I'll DCA into $GMX until it reaches $45.
Rationale:
→great tokenomics
→strong community
→synthetics will allow the permissionless creation of markets
A 🧵 on GMX's Synthetics:
@GainsNetwork_io
Catalyst: Arbitrum deployment
$GNS price increased a lot recently.
If the price of $GNS sees a major correction, I'll start DCA'ing into it again.
Rationale:
→good tokenomics
→has crypto, forex, and stocks pairs
→the team is working on a secret feature👀
Catalyst: Arbitrum deployment
$GNS price increased a lot recently.
If the price of $GNS sees a major correction, I'll start DCA'ing into it again.
Rationale:
→good tokenomics
→has crypto, forex, and stocks pairs
→the team is working on a secret feature👀
@TeamKujira
$KUJI stakers receive a % of the revenue generated by all dApps built on Kujira L1.
I'm buying $KUJI weekly until its market cap exceeds $100M.
Rationale:
→good tokenomics
→the team recent progress is 🤯
→its ecosystem is expanding→ more revenue for stakers
$KUJI stakers receive a % of the revenue generated by all dApps built on Kujira L1.
I'm buying $KUJI weekly until its market cap exceeds $100M.
Rationale:
→good tokenomics
→the team recent progress is 🤯
→its ecosystem is expanding→ more revenue for stakers
@traderjoe_xyz
Catalyst:new AMM launch
This year, its team launched a launchpad, tokenomics v2, and a NFT Marketplace.
But the $JOE price was affected by inflation.
In 2023, the emissions will drop greatly, so I'll start DCA'ing for the long-term.
Rationale: the team delivers
Catalyst:new AMM launch
This year, its team launched a launchpad, tokenomics v2, and a NFT Marketplace.
But the $JOE price was affected by inflation.
In 2023, the emissions will drop greatly, so I'll start DCA'ing for the long-term.
Rationale: the team delivers
Yield Strategies
For stablecoins:
→Delta neutral stATOM-ATOM LP- >20% APY
A breakdown of this strategy can be found here:
→Autopilot strategy on Cega - 9% APY
app.cega.fi
Before aping into Autopilot, read this:
For stablecoins:
→Delta neutral stATOM-ATOM LP- >20% APY
A breakdown of this strategy can be found here:
→Autopilot strategy on Cega - 9% APY
app.cega.fi
Before aping into Autopilot, read this:
For ETH:
A few of the yield strategies presented in this 🧵 are still available and highly profitable:
My favorite one is wstETH-ETH LP on Velodrome for 9% APR without impermanent loss risk.
A few of the yield strategies presented in this 🧵 are still available and highly profitable:
My favorite one is wstETH-ETH LP on Velodrome for 9% APR without impermanent loss risk.
Other opportunities
Aside from Gains Network and GMX, I'm also interested to invest in smaller perpetual DEXes.
A few of them that I'm monitoring:
@UniDexFinance
Rationale:
→good tokenomics -0 token emissions
→has forex, stocks, & ETFs trading pairs
→deployed on 6 networks
Aside from Gains Network and GMX, I'm also interested to invest in smaller perpetual DEXes.
A few of them that I'm monitoring:
@UniDexFinance
Rationale:
→good tokenomics -0 token emissions
→has forex, stocks, & ETFs trading pairs
→deployed on 6 networks
@yieldification- A DeFi utility protocol that supports perpetual trading
Rationale:
→has index trading pairs
→supports a ton of tokens as collateral
→multiple revenue streams
Cons:
→high token emissions
I'm also keeping an eye on @vela_exchange and @vertex_protocol.
Rationale:
→has index trading pairs
→supports a ton of tokens as collateral
→multiple revenue streams
Cons:
→high token emissions
I'm also keeping an eye on @vela_exchange and @vertex_protocol.
I will cover the last 2 protocols in more detail in the future since they haven't launched on mainnet yet.
Going forward, I think that decentralized options might be the next hot narrative.
I didn't invest in any options projects yet, but I'm actively monitoring their progress.
Going forward, I think that decentralized options might be the next hot narrative.
I didn't invest in any options projects yet, but I'm actively monitoring their progress.
That's it!
Let me know if I should do more threads like this.
If you found this thread helpful, please leave a like and retweet the 1st tweet. 🤝
Let me know if I should do more threads like this.
If you found this thread helpful, please leave a like and retweet the 1st tweet. 🤝
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