A Few Thoughts On The Current Market Condition

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💥 Headline: Bear 🐻, Bitcoin ₿ & Cryptomarket Crash 📉! . . . That's probably the only few keywords you paid attention to in the past few days. But there's more to it. Here's what else we saw ✨🔴_🔴✨

2/ Rome wasn't built in a day. So is the new decentralize, permissionless, and transparent space we are trying to create in #DeFi. It's easy to be narrow our focus down to the numbers, red candle sticks and negative P&L percentage. But don't let that consume you.

3/ Play the long game. Remember that DeFi has a long term goal. It's here to disrupt the traditional financial system & change the way we interact with assets. Yes, there will be hiccups & no one knows how long it will take. Are you here for the $ or vision?

4/ The end goal should enable both. It's understandable & easy to succumb to negative thoughts. The pain. It burns - but let it manifest into positive energy to come back stronger. We are going through a new paradigm shift that may take years.

5/ If the current market makes you feel unwell, STOP and... • Acknowledge the situation & make smart decisions. • Take time to rest or away from Twitter if needed. • Go get some fresh air & spend time with real people, in real life. Do whats needed.

6/ Find a way that works the best for you. Here's a thread that might be a good start on how to approach this tough times. twitter.com/0xRusowsky/status/1536525573790498817

7/ For us, we will keep BUIDLing. At Alpha, we will continue to BUIDL regardless of the market condition. And we believe many BUIDLers also have the same mindset. We're here to make DeFi stay. There's still so many things happening behind the scene! Here's a few:

8/ @michaelfkong from @FantomFDN at Consensus 2022 Reiteract & Innovate. Fantom continues to work on improving the network performance & strive for the best user experience. They aim to bring fast, cheap and secured transactions & much more. twitter.com/NewToTheStreet/status/1535043255309565954

9/ #Optimism Optimism continues to scale Ethereum's technology on L2 after its #OPAirDrop. Check out their 1st post on @OPLabsPBC. @BalancerLabs continues to partner with promising protocols to bring new use cases twitter.com/BalancerLabs/status/1534591125197008897 & on that note...

10/ #HomoraV2 Upcoming Development Our tech team continues to explore chains with potential to expand to. We are excited to share that we will be coming to #OPtimism very soon. ✨🔴_🔴✨ Integration with @beethoven_x is also on its way ;) twitter.com/Alpha_HomoraV2/status/1534866289683881989

11/ We BUIDL on, in multiple aspects. 1️⃣ Helping out other BUILDers in the space Check out a logic issue discovered by our Head of Tech on @Sushiswap: twitter.com/n1punp/status/1536312022966870019 We are committed to making the space more secured at all times.

12/ BUIDLers helping other BUIDLers (cont.) 2️⃣ Giving our thoughts to other founders from our experience Check out our Project Lead's take on how to create a winning battle out of this situation: twitter.com/tascha_panpan/status/1524251538755321856 Each cycle, we come back stronger with more resiliency.

13/ "In the midst of every crisis, lies great opportunity". The bottom line is that the true value of this new space, whether it be #DeFi, #Web3, or #Blockchain, is not simply just the numerical value attached to an asset. Hang in there, #WAGMI!

14/ Lastly, if you have any feedback or things you'd like to see on #HomoraV2, let us know through our feedback form: linktr.ee/homora TLDR; • It's a rough period but we'll make it • Many projs are working hard to make #DeFi stay • Homora V2 is coming to #Optimism

You can read the unrolled version of this thread here: typefully.com/Alpha_HomoraV2/Cf8SXsN