"The Heartbeat of DeFi" is here...

🎯 Targetting a $570T~ TradFi sector

🤔 Can this be the tip of the spear we've needed to disrupt TradFi's dominance of global financial markets?

🔥 Introducing 'IPOR Labs - Interest Rate Derivatives.'

Let's find out... 🧵

In this thread, we will cover the following;

1⃣  What is IPOR?
2⃣  IPOR Infrastructure
3⃣  Who could benefit?
4⃣  The Team
5⃣  IPOR Tokenomics
6⃣  TVL (Total Value Locked)
7⃣  Security
8⃣  Conclusion
9⃣  Socials and Additional Resources

1⃣  What is IPOR?

IPOR Labs is a first-of-its-kind DeFi Protocol.

Best referred to as a series of smart contracts that provide benchmark interest rates and enable users to access Interest Rates Derivatives (Swaps) on the Ethereum blockchain.

It’s possible by combining three core infrastructures;

• IPOR Index
• Liquidity Pools with Automated Market Makers (AMM)
• Asset Management Smart Contracts

Additional infrastructure will also be its DAO component which is already well-geared towards.

🔸 What is an interest rate swap (IRS)?

An interest rate swap is a financial derivative that parties use to exchange interest rate payments.

Trades are helpful when one party wants to receive a settlement with a variable interest rate while the other wants to limit future risk by receiving a fixed-rate payment instead and vice versa.

🔸 How does this work?

Generally, the two parties in an interest rate swap are trading fixed and variable (floating) interest rates.

For example;

One person may have a bond that pays a variable (floating) interest rate of 1%, while the other party holds a bond that provides a fixed payment of 1.5%.

💡 Each party believes they can lower interest rates by swapping; that is the only scenario that they change their interest rates.

🔸 Interest Rate Derivatives in TradFi

Interest rate swaps are critical to the global financial system, helping governments, businesses and investors exchange a fixed payment for a floating price or visa-versa.

💡 Interest rate swaps in DeFi serve as the tip of the spear aiming to disrupt TradFi's dominance of global financial markets.

A comparison between DeFi and TradFi is shown in the picture.

2⃣  IPOR Infrastructure

🔸 IPOR Index

The index interacts directly with stablecoin contracts on @AaveAave and @compoundfinance to take an aggregate interest rate across the protocols.

Multiple Indices represent risk-free interest rates for a corresponding asset, such as IPOR USDT, IPOR USDC, IPOR DAI, IPOR ETH and so on.

Risk-free credit market rates have long been a cornerstone of financial markets.

💡 This is why IPOR can be referred to as;

 💓 “The heartbeat of DeFi”

🔸 Liquidity Pools and AMMS

Depositors can earn a yield on deposits by providing a trading counterpart for market participants.

In exchange, the liquidity providers receive a proportional share of the;

• Fees charged when opening derivatives

• Fees charged when withdrawing liquidity
• P&L from the trades realized and unrealized)
• Delegation of cash to the money markets through Asset Management.

We are seeing APRs ranging from ~80-90% for the following when staked;

• $USDT
• $USDC
• $DAI

🔸 Derivative Contract and Swap

It consists of the IPOR rate and the AMM pricing to open a derivative contract between a market participant and the pool.

The contract manages the agreement between the market participant and the LP and, once closed, allocates the parties the corresponding contract payoff.

The first IPOR derivative is an interest rate swap that allows a market participant to Pay the Fixed rate and receive the floating rate (payer) or the fixed rate and pay the floating rate (receiver).

💡 Interest rate swaps are some of the most widely traded derivatives in traditional markets, accounting for 2/3 of the global derivatives market value ($10.5T). They provide stability by allowing borrowers and lenders to control costs and forecast income.

🔸 User Interface Experience

A seamless user interface is a cornerstone of any product, and IPOR is no exception.

Easily distinguishable areas and a clean and super smooth interface allow for a beautiful user experience.

💡 Congratulations to Rebeka Kozla (UX Designer), Kuba (Frontend Developer) and others involved for your efforts here.

3⃣  Who could benefit?

I will reference the best example I could find to clarify;  see the picture.

Thanks for @theguywhowrite for a light example in your medium article.

Please give him a follow and find the link for his medium in Socials and Resources section.

Another example is out of pure speculation and the hunt for leveraged trading, i.e. profit.

Participants may speculate interest rates may go up or down with the power of 1000x leverage.

❌ Fear not of leverage!

IPOR leverage is unlike perpetual, where you might get liquidated because of substantial influence after a sudden price change. In IPOR, PnL is accrued over 28 days. So sudden changes in interest rates won't get you liquidated.

4⃣  The Team

The IPOR Lab team comprises 11 individuals with six high-level advisors in the project.

They have vast and long backgrounds in blockchain, payments, investment banking and computer science.

The leadership team include;

🔹 Darren Camas @darrencamas - Co-founder & CEO
🔹 Dimitar Dinev @dimitardinev7 - Co-founder & CSO
🔹 Mauricio Hernandes PhD - Chief Scientist
🔹 Wookash @lukaszmuzyka - Head of Product

🔹 Vlad Dramaliev @vdramaliev - Director of Marketing
🔹 Konstantinos Tsoulos @this_is_ypsilon - Head of Business Development

5⃣  IPOR Tokenomics

The $IPOR token is the protocol native token used by the parties involved with the project; builders, investors, liquidity providers and the like.

• 100,000,000 tokens were minted and can no longer be minted
• ERC20 token issued on the L1 Ethereum Blockchain
• Extremely clean and complex contract

The purpose of the IPOR token is to allow protocol users to take ownership of the IPOR Protocol as it transitions to a fully decentralized DAO.

Other benefits include;

• Governance of IPOR DAO
• Boosted Rewards on Liquidity Pools (pwIPOR see below)
• Increase APR of liquidity providers (pwIPOR see below)

🔸 Token Allocation

🔹 30% Dao Treasury - Governed by IPOR DAO
🔹 25% Liquidity Mining - Emissions 1.5 Tokens Per Block
🔹 12.76% Operations - No Vesting. DAO
🔹 20% Core Team - Linear Vesting over three years, no cliff
🔹 11.85% Investors - Linear Vesting 3 Years, no cliff

🔸 Emissions (Inflation Rate)

The inflation rate starts at 10,800 IPOR tokens per day for the first three months and can be revisited and readjusted by the DAO.

💡 This is minimal, and I don’t see it impacting the chart or potential IPOR investors in any way, considering the project’s potential.

🔸 Power IPOR (pwIPOR)

The purpose of the Power IPOR tokens ($pwIPOR) is that they are the staked 1:1 equivalent of $IPOR with the below functions:

• No long lockups (14 days)
• Users can delegate pwrIPOR to multiple incentives (governance, liquidity mining, boosts and more)

An excellent thread on the true potential of $pwIPOR can be found here by @Marco_112358.

https://twitter.com/Marco_112358/status/1605562722946412544

The key takeaways are as follows;

1.  wIPOR tokens allow protocol customize modules and use pwIPOR tokens in multiple modules (governance versus emissions versus gauges, etc.)
2.  Boost emissions moderately (logarithmic boost curve)
3. No long lockups (14-day cooldown)

6⃣  TVL (Total Value Locked)

We’ve seen a massive surge in pool popularity as liquidity mining has been enabled.

In the past two weeks, TVL has increased from 2m to 36m!

It’s grown so quickly that Ipor Labs have increased pool caps.

The current pool cap is set to a max 20m each, $DAI, $USDC, and $USDT.

More Info: https://twitter.com/ipor_io/status/1622565638563659777

7⃣  Security

IPOR has gone under 7 Audits by @zokyo_io and @AckeeBlockchain.

They are an auditing firm, they have worked with some huge clients and should be considered competent.

With any competent DeFi, there will always be risks and potential vulnerabilities.

8⃣  Conclusion

IPOR is an exciting step forward with DeFi.

We are now seeing further Traditional Finance (TradFi) protocols implemented on top of the existing first-phase DeFi protocols that can bring vast value.

The team is very well experienced, and the love and attention put into this project reflect the performance over the past months.

I genuinely believe in the future; we will refer to IPOR as the heartbeat of DeFi due to the public good it serves.

9⃣  Socials and Additional Resources

🔹 Website: https://www.ipor.io
🔹 App: https://app.ipor.io/swaps/usdt
🔹 Blog: https://blog.ipor.io/
🔹 Notion: https://ipor-labs.notion.site/e592feae2660418a90c35434849f0c0b?v=d35d84b479204c26bc1bb30d2b8ace4a
🔹 Blog: https://blog.ipor.io/
🔹 Docs: https://docs.ipor.io/ipor-faq/about-the-ipor-protocol

🔹 Twitter: @ipor_io
🔹 Telegram: https://t.me/IPOR_official_broadcast
🔹 GitHub: https://github.com/IPOR-Labs
🔹 Discord: https://discord.com/invite/bSKzq6UMJ3

🔹 $IPOR Token Univ2: https://dexscreener.com/ethereum/0x4acfb448c585f6e1e8f2ab2bd415f399bd1b8e09
🔹 $IPOR Token Univ3: https://dexscreener.com/ethereum/0x4acfb448c585f6e1e8f2ab2bd415f399bd1b8e09

Tagging fellow creators in the $IPOR ecosystem;

@FlagshipFYI
@0xTindorr
@arndxt_xo
@DegenSensei
@marco_112358
@Morpho_Intern
@0xPaolozzi
@Chinchillah_
@0xPaolozzi
@CryptoGunner
@FrogsAnon
@theguywhowrite
@0xKepler
@ipor_intern

Tagging well-respected DeFi creators;

@LouisCooper_
@RiddlerDeFi
@blocmatesdotcom
@CrossChainAlex
@MoonKing___
@CryptoKaduna
@takegreenpill
@thedefiedge
@eli5_defi
@byChadManDan
@jediblocmates
@phtevenstrong
@thewolfofdefi
@TheDeFISaint
@DeFiMinty
@CryptoShiro_
@defi_mochi


Tagging the homies;

@BlocksNThoughts
@ElonTrades
@criptopaul
@JumperWave
@EricCryptoman
@iSmeshCrypto
@cryptoskullx
@MStiive
@AstrologyCrypto
@ChadCaff
@thejonnyreid
@0xUnihax0r
@chirocrypto
@0xNetochka
@capitalist_sd
@IncomeSharks
@Pentosh1
@RomeoTrades


IPOR - The heartbeat of DeFi

Are Crypto communities using Telegram to it's potential?

Let's look at a new feature recently added that will change the landscape forever.

Introducing, "Topics 2.0".

🧵 Let's dive in...

◻️ @Telegram has been notoriously painful with everything confined to one chat.

◻️ @Discord has enabled teams to create separate channels to maintain structure and organisation.

✔️ Telegrams "Topics 2.0" combines best of both worlds.

📣 Available on PC/Mac/Android/iOS

An example of this;

I have access to a public "$CAW Builders" telegram group, which contains several "Topics".

◻️ General
◻️ RAIDS
◻️ Development
◻️ Testnet Bug
◻️ Trading
◻️ Media/Memes

Each Topic will have its own separate conversation channel.

💭 How to enable Topics?

In the settings section of your group you will find "Topics" option.

Enable this to get started.

A new #General topic is always added by default, which contains service messages as well as the group’s previous message history.

Admins have the ability to rename the General topic.

From there, admins will be able to add individual topics that branch out from "General".

💬 Conclusion

A wonderful step in the right direction giving community leaders an opportunity to create, structure and order to allow for increased productivity in environments and furthermore enable users to find relevant information and discuss topics.

Fitz approves.

Telegram Topics 2.0

A new breed of Inu has emerged 🔥

$OHMI - "One Hundred Million Inu"

"Top 100 holders receive a reward at 100m Marketcap!"

Let's delve deeper into why I like what I'm seeing.

🧵 👇

"For the first time in crypto history, $OHMI will lead a direct campaign to achieve a specific crypto market cap goal, all while turning those rewards over to the holders.

When the first goal of $100M market cap is achieved, the top 100 holders will receive a tremendously gracious reward -- one that will never be forgotten in this space."

- @CoinMarketCap Token Information

I foresee as this grows popular, war's will be waged for who can enter the illusive Top 100.

Bags will be held with such passion that they do not dare sell any penny due to the unknown reward that awaits at 100m.

I like this concept and it's a new idea.

It's given people a tangible goal, a mini game if you will, a cry for war, a challenge to pursue.

Can the community do it? Is the reward even real?

We will see....

🤑 Tokenomics

❌ Zero Taxes
🔒  Locked Liquidity for One Year (Jan 2024).

(tx of lock below) https://twitter.com/OHMInuERC/status/1611842195752878080)

📃 Contract

I'm a big user of @MoonarchApp to determine if contracts appear safe or not.

This is the first time in over a year I've encountered Moonarch showing that a contract has NOTHING suspicious.

🙋 I've also asked several credible sources who have confirmed it's clean.

To give you an idea of how rare this is, let me pull up the 4 of the biggest micro market cap meme tokens right now.

You're aping into these but not $OHMI?

Shameful.

Additionally, @Token_Sniffer results look rock solid.

👛 Wallet Distribution

Looks good to me, even balance, couple of connected big wallets, however I'm overall pleased with the allocation and don't see to much of a risk, especially compared to others.

🧑‍🤝‍🧑 Community

We have seen significant progress from the community in the past 48 hours.

Many more influencers have shared this with their audiences and people are rallying behind the message $OHMI brings.

Some important figures in the community;

@joegrower420
@astral_eth_92
@AltMasterRoshi
@crypton98
@james_amethyst

Who have I forgotten?

📈 The Chart

It's clear current holders want to stay in their top positions.

We may see some holders drop, however I expect their positions to be filled quickly.

👑 Final Verdict

Solid community, great clean contract, good holder distribution, no tax meme token, active devs, great mini game with goals for community to pursue.

I believe we have found one of 2023 best memes

Will you enter and hold?
Let the $OHMI games begin 🔥

$OHMI

As we possibly enter a new wave in our market cycles I'd encourage everyone to now look at learning/refreshing a skill.


📈 Technical Analysis
🖥️ Coding - (Solidity/Java)
🏄 Personal Hobby
🔍 Etherscan
💵 Cryptoeconomics


🧵 Keep your mind fresh and challenge yourself -

The above listed are what we classify as "hard skills".
I would like to preface that understanding these things wont guarantee success.

Your willingness, resilience and growth mindset is going to be crucial - these are what we call "soft skills".

Additionally, I'm by no means an expert at any of the above.

I see a lot of people going through hard times and I feel like I need to provide some encouragement and direction to resources that are available so you can grow and become stronger in preparation for future cycles.

📈 Technical Analysis



If you're serious about making it in crypto, being able to understand charts is essential.

Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities in price trends and patterns seen on charts.




The best guide for beginners or even intermediate charters would be a YouTube series created by the wonderful @CryptoCred.
(I suggest giving him a follow)

Thank you @iSmeshCrypto for showing me this series!



🔸 Technical Analysis Series

🔗 https://www.youtube.com/playlist?list=PLvkpxFSTppmnQ7A5DP386zEKU0Tv_fatm

🖥️ Coding - (Solidity/Java)

Now, I know what you're thinking, learning an entirely new language is scary (trust me I know, I started learning Swedish!)

You don't need to know everything, start with the basics of Smart Contracts and work from there.

So why should you learn to read code?

 - Being able to quickly open Etherscan.com and read through some of the lines of code may able to assist you in making better decisions. Yes I'm aware there are websites that make ease of this nowadays, however its good to know.

- Maybe you've got aspirations to become a developer? Or already have a coding background and want to work in Solidity.

✅ Resources:

🔸 Blockchain learning path - I highly recommend this to everyone.
🔗 https://github.com/protofire/blockchain-learning-path

🖥️ Solidity

🔸 YT video from the legend himself @PatrickAlphaC. 32 hours course covering basically everything you need
🔗 https://youtu.be/gyMwXuJrbJQ

🔸Solidity Docs. Good for general understanding of solidity language, best practices etc
🔗 https://docs.soliditylang.org

🔸 Build an NFT game whilst learning solidity.
🔗 https://cryptozombies.io

🔸Openzeppelin Contracts. They have a community to where you can ask questions about the contracts.
🔗 https://docs.openzeppelin.com/contracts/4.x/


🖥️ JavaScript

🔸 Free interactive Course
🔗 https://www.codecademy.com/learn/introduction-to-javascript

🔸Free course basics
🔗 https://www.freecodecamp.org/learn/javascript-algorithms-and-data-structures/#basic-javascript

🔸Can ask questions here - (Stakc overflow also for Solidity)
🔗 https://stackoverflow.com/


🏄 Personal Hobby

Research shows that people with hobbies are less likely to suffer from stress, low mood, and depression. Activities that get you out and about can make you feel happier and more relaxed.

Having a separate hobby outside of crypto can help you make better decisions.

Hobbies help you think creatively.

Don't confuse this with artistic creativity, though hobbies can definitely help build that kind of creativity, too. By pursuing a hobby that's outside your normal comfort zone, you develop problem-solving skills and practice new ways of thinking.

Examples of some hobbies that make you more productive;

• Cooking
• Hiking
• Painting
• Writing
• Running
• Dancing
• Yoga
• Meditating
• Reading
• Video Games
• Gardening
• Knitting
• Woodwork
• Poker
• Acting
• Bodybuilding
• Swimming

As we a nearing a period in crypto where there will be excessive downtime, it's extremely beneficial to pick up a hobby outside to further stimulate yourself, as staring at a screen all day watching charts is not going to give you a fulfilled life.

Ask yourself - Whats my hobby?

✅ Resources:

🔸Health Benefits of Hobbies
🔗 https://www.webmd.com/balance/health-benefits-of-hobbies

🔸22 Benefits of Having a Hobby or Enjoying a Leisure Activity
🔗 https://www.developgoodhabits.com/benefits-hobby/

🔍 Etherscan

Etherscan is at the core of all our day to day activities in crypto. A lot of many other chains use the exact explorer format so it will be beneficial cross chain.

Etherscan is one of THE must have skills in crypto.

Why should you learn?

• To check the balance of an Ethereum address.
• To view the transaction history of an Ethereum address.
• To see the smart contract code of an Ethereum address.

• To verify that a transaction has been successfully mined and included in a block on the Ethereum blockchain.
• To look up the price of Ether (ETH) in real-time.
• To track the latest news and developments related to Ethereum.

• To find out which exchanges list Ether (ETH) for trading.
• To learn more about how Ethereum works and explore all of its features and potential uses.
• To find out about upcoming events and conferences related to Ethereum.

✅ Resources;

🔸 How to become an Etherscan Pro
🔗 https://covduk.medium.com/heres-how-to-become-an-etherscan-pro-2e2bda6de2dd

🔸 Ultimate Etherscan Guide
🔗 https://pothu.medium.com/the-ultimate-etherscan-guide-d9f1eeb2bb0b

🔸 YT - How To Use and Read Etherscan In 10 Minutes
🔗 https://www.youtube.com/watch?v=DKBQ63txuZI

💵 Cryptoeconomics

Cryptoeconomics is the study of economic interaction in adversarial environments. In decentralized P2P systems that do not give control to any third party, one must assume that there will be bad actors looking to disrupt the system.

Cryptoeconomic approaches combine cryptography and economics to create robust decentralized P2P networks that thrive over time despite adversaries attempting to disrupt the network.

✅ Resources;

🔸Awesome Cryptoeconomics
🔗 https://github.com/jpantunes/awesome-cryptoeconomics#introductory

🔸Cryptoeconomics for Dummies Part 0
🔗 https://medium.com/@j32804/cryptoeconomics-for-dummies-part-0-7172efa81507

🔸Understanding Economics and Scarcity
🔗 https://courses.lumenlearning.com/wm-microeconomics/chapter/understanding-economics-and-scarcity/

💭 I hope I've achieved my goal in giving you some direction into learning opportunities within Web3 and Crypto to keep your mind fresh with any potential downside in our market cycles.

You are in a very unique opportunity being so new into Crypto prior to any mass adoption.

You have the time and ability to further refine skills for success.

If there is anything I've missed, I welcome any contributors to this post as that's what so wonderful about CT.

✅ Additional Resources;

I haven't listed this above as a skill, however knowing where and whom to get information off is critical in this space.

If you haven't already I highly suggest following some of the below individuals, some of their content may be hard to digest at first however if you take the time to unpack it you'll be putting yourself in a favourable position understanding how this industry operates.

Fitz big brain list for quality content;

@WifeyAlpha
@officer_cia
@CryptoCred
@BlocksNThoughts
@blocmatesdotcom
@AstroGann33
@0xfoobar
@GiganticRebirth
@GCRClassic
@HsakaTrades
@zachxbt
@hellspawncrypto
@AutismCapital
@cz_binance

✅ Additional to bookmark;

🔸 Officer CIA Learning Resources -
🔗 Don't worry @officer_cia is not a real agent (or so we believe LOL), btw thank you @officer_cia for your help mate. <3
https://start.me/p/QRg5ad/officercia

🔸Blocmates DeFi and Web3 content -
🔗 https://blocmates.com/

🔸 Moonarch powerful trading tools for $BSC, $ETH, $AVAX, $FTM, $KCC
🔗 https://eth.moonarch.app

Thank you for reading, if you liked this thread please RT & consider giving me a follow for future guides and all things degen/crypto.

Feel free to expand on any of my points and contribute to this thread.

❤️ Fitz

Twitter:  @0xFitz
TG: http://t.me/Fitz_Official

💎🔥 
$TROVE - "Trove DAO"

A new king of DAO's? 
With so much utility, this one is hard to ignore. 

🧵 A Project Feature -

$TROVE is a decentralized autonomous organization (DAO). 

"With transparency being our highest priority, our community makes all of its decisions through voting and consensus. "

🔸 What is a DAO? 

A decentralized autonomous organization (DAO) is an emerging form of legal structure. With no central governing body, every member within a DAO typically shares a common goal and attempt to act in the best interest of the entity. 

Popularized through cryptocurrency enthusiasts and blockchain technology, DAOs are used to make decisions in a bottoms-up management approach.

"$TROVE is revolutionizing how we participate in cryptocurrency. We offer the community exposure to new and emerging projects, accessed exclusively through staking $TROVE. These opportunities occur via access to private sales.

Soon, TroveDAO will provide the ability to create your cryptocurrency with the click of a button from our launchpad, which you can submit as a proposal for funding to the DAO.

All internal and external proposals will be made subject to a rigorous vetting process led by our auditing arm before any decision is finalized, providing unrivalled peace of mind to our holders.

Our mission is to level the playing field for our users and provide them with numerous opportunities generally reserved for only a select few, all under one decentralized governing body, the DAO."

The TROVE team is absolutely stacked with tons of experience in the space. Marcelo, who is the founder of TROVE, also played a crucial part in $WAULT Finance’s success at one point and also was a critical part of $CHEDDA success. 

TroveDAO, at the time of writing, consists of 8 core team members with a handful of moderators on social media channels.

🔸"Marcelo Sardina" - Founder @moonboimarc
🔸"JB" - Project Manager @Trovedao_
🔸"M" - CFO 
🔸"Chat Jet" - Marketing 
🔸"Kirb" - Writer 
🔸"NFTdefi" - @NFTdefiFutures Liasson to ECC
🔸"Splnty" - @Splnty Lead to ECC
🔸"Tranquil Flow"  - @FlowTranquil Developer

Most notably their founder Marcelo Sardina- 

"Considered a maverick in the cryptocurrency and blockchain communities. Sardina has become a jack of all trades throughout the ever-evolving cryptocurrency space as an eight-year veteran in the industry."

🔗 https://www.linkedin.com/in/marcelo-s-753178192/

Let’s start off with Staking. 
You can earn a competitive APY and generate passive income created from the $TROVE treasury profits.

They have a fully working DEFI DAPP on which you can stake farm or swap. The fees earned from this platform will go right back into the treasury. 

🔸 Staking is provided by @EmpireCapital_ 

🔗 https://www.ecc.capital/farm

By buying and staking $TROVE, investors have the opportunity to invest in exclusive seed rounds and private sales. The TROVE team will work to ensure that only vetted projects with a proven track record in the space will get on the platform. 

TroveDAO’s launchpad includes a wide variety of services to outside projects aiming to breathe life into their ideas. TroveDAO services include contract writing, project/presale launch, cross-chain bridges, staking/farming pools, website/UI integration, and dashboard development.

Adding the element of @Certik security, TroveDAO can provide a safe launchpad for both new investors and project developers.

Trove has launched their own auditing firm to ensure that any internal and external proposals will be made subject to a rigorous vetting process. Projects will also be able to get audited by $TROVE, thus providing another revenue model for the TROVE eco.

Through Trove’s launchpad, investors and the general public will have the opportunity to create their own token with a click of a button. If you need funding for your project, you can submit a proposal to the DAO as well.

TroveDAO has become the very first DAO to form a rare and distinct partnership with @EmbilyCard and @VISA to bring their very own cryptocurrency credit card to market, available for worldwide use.

The TroveDAO debit card will be available to European citizens first and then to USA citizens roughly a month later.

As an additional revenue stream for TroveDAO, they will be offering white-label crypto-cards to interested third-party projects for their use.

🔸Buy Tax: 5%
🔸Sell Tax: 10%

Ticker - $TROVE
Contract Address: 0x59c6900949aD1835f07a04321f4d9934a054E114
Decimal - 18
Total Supply - 1 Billion
Blockchain - ERC 20 ($ETH)

🔸Website: https://trovedao.com
🔸Twitter: @TroveDao_ 
🔸Telegram: https://telegram.me/TroveDAOofficial
🔸Discord: https://discord.com/invite/25Nmr48K
🔸Coin Gecko: https://www.coingecko.com/en/coins/trovedao
🔸Whitepaper: https://trovedao.com/TROVE_DAO_WHITEPAPER.pdf
🔸Medium: https://medium.com/@TroveDAO_

🔥 BUY HERE: https://app.uniswap.org/#/swap?outputCurrency=0x59c6900949ad1835f07a04321f4d9934a054e114

Sources: 
🔸 @iSmeshCrypto Manifesto (absolute legend, give him a follow)
🔸 TroveDao Whitepaper 
🔸 Trove Website

You can read the unrolled version of this thread here: https://typefully.com/0xFitz/hPzmL7y

Trove DAO

💎
$CIMO - "Cinnamoon"

An undervalued project with strong utility going under the radar that must be brought to light. 

🧵 A Project Feature - 

"Memes made millionaires in 2021. Meme 1.0 started with Dogecoin and Shiba Inu. Saitama and Floki Inu had their ride during Meme 2.0 summer in 2021. Meme 3.0 starts now."

🔶  Who are the team? 

Cinnamars - Developer
Cifer - Chief Operating Officer
Stargazer - Digital 

The team has defined three utility products for 2022. 

🔸 DevTool© 
🔸 DeFi - Staking dApp
🔸 NFT 

I will cover each component below in detail; 

🔶 DevTool©

The biggest strength of DeFi – decentralization – is its biggest weakness if shady developers take comfort from the limited regulatory oversight of the crypto space. 

We have all seen it more than once, a developer who either pulls the liquidity immediately after the launch of a token, or him/her just tricking investors through minted tokens to some wallets or running away with collected taxes.

There is significant room for bad actors in the crypto space, and honestly, it was never easier to make money without getting punished by the law. 

It is the biggest existential threat of DeFi, in our view, if there is no trust in any project anymore because of asymmetric information between developers (even those with good intentions) and investors willing to participate

🔸 The Solution

DevTool© will use an algorithm to calculate a DevScore based on the on-chain performance of previous projects. Because blockchains are immutable and trustless, the score will be a strong indicator of a developer’s performance. DevTool© is what we see as the

project’s unique selling proposition (USP), and they are clearly contributing to the DeFi space with it by reducing asymmetric information in the markets and de-risking the space.

DevTool© is a win for every participant of the crypto space. 

Developers will increase their odds to have a successful project launch and have incentives to perform well on projects to improve their DevScore. 

Investors can make use of the DevScore as a rating for the token. Because the score is trustless and entirely based on onchain performance, we expect it to be a solid indicator for crypto investors.

Further use cases can also be used as a hiring platform for project founders who are seeking experienced developers. 

The DevScore will reveal the performance of developers such that it simplifies the seeking process for project founders. 

By integrating immutable NFTs that can be minted by developers, founders can use DevTool as a hiring tool which embeds a kind of “trustless CV” from on-chain based data that needs verification though the developers’ wallet. 

The team has stated that they are thinking about partnerships with other DeFi providers when our solution is fully accepted, e.g. Dextool, Chainlink and others. 

🔸 $CIMO Tokenomics inline with DevTool©

Tokenomics mirrors the issuer-paid model in TradFi, i.e. issuers of tokens have to pay for the analysis tool while investors have free access to the platform.

The Cinnamoon community and holders of $CIMO benefit from this model thanks to income generation from DevTool. The most important part is to achieve full acceptance and scale of our solution. The issuer-paid model is an enabler for that.

🔸Fair stealth launch of the $CIMO token on 7 July 2022
🔸No team tokens. 
🔸100% of the supply is available in the liquidity pool on the Ethereum blockchain (ERC20) 
🔸Buy and sell fee 5% each currently (may be less in future)

🔶 DeFi - Inflation resistant staking contract

🔸Funding of staking contract with fees from 
$CIMO trading 
🔸Flexible allocation of funds to staking contract $ETH collections channelled to stakers with a cleverly calibrated smart contract 

🔸Smart contract will be open-source to check the code Staking dApp with user-friendly UI accessible through browser and mobile phone

The staking contract rewards in $ETH and not in $CIMO. This is different than usual staking contracts in DeFi, which reward holders with newly minted governance tokens. We think it is crucial to avoid an inflationary tendency of $CIMO and sell pressure by rewarding in $ETH. 

Cinnamoon plans to release 3,000 NFTs with different traits. These NFTs are the finest art that our designer will deliver with his 15+ years of design experience. 

Cinnamoon plans to add utility to the NFTs, which is linked to product releases in the future for owners, e.g. exclusive access to certain solutions



Website: https://cinnamoon.cc
Twitter: https://twitter.com/CinnamoonEth
Telegram: https://t.me/cinnamoon_portal
Reddit: https://www.reddit.com/r/Cinnamoon_Official/
Medium: https://medium.com/@cinnamoon_official
Whitepaper: https://cinnamoon.cc/files/cinnamoon-whitepaper.pdf?version=1.0
Chart: https://dexscreener.com/ethereum/0x99fb2811662bd1681e73bd5197916ff80078e3d6

You can read the unrolled version of this thread here: 

https://typefully.com/0xFitz/twAGF9D

Cinnamoon Feature

🪙 🔥
#TREASURE $TRSR  |  @treasuretoken_ 

100mil market cap minimum 

This one launched last night with an explosive force. 
Let's go over why there is lot of attention on it and why it's destined to send. 

🧵 Fitz thread

To keep consistency with all my threads;

I like to structure them in the following format to give you a clear understanding of project goals and how that impacts us as investors. 

🔶 What is it?

Treasure ERC20 brings a unique approach to traditional VC protocols, which traditionally have suffered from a lack of transparency amongst their communities. 

By implementing a DAO approach, Treasure will be building a decentralized ecosystem incorporating a fully transparent venture capital & DAO approach, Founded by some of the biggest marketers and advisers in the cryptocurrency industry.

🔸The Utility

✅ Access to tier 1 projects via launchpad partnerships (achieved through staking) where community members will have a say in decisions

✅Treasure S.N.F, Staking, Nodes and Farming
✅Treasure Bridge, Treasure Swap , Treasure Drops
✅VC (partnerships for WL on launchpads, ICO opportunities, multichain stable farms, multichain farms/staking)

Are you starting to wake up now anon? 

💰 Tokenomics

5% LP
3% treasury
4% Marketing

🔶 So what? 

This project looks to be tackling a lot of the big systems and tools currently experienced in DeFi - one token to rule them all?

The CEO of @treasuretoken_ is well connected, @cz_binance follows him on twitter. 

https://www.linkedin.com/in/marcelo-s-753178192/

Additionally, the CEO recently had a meeting with the founder of Nifty Getaway (https://niftygateway.com) who also owns Swiss Crypto Credit Cards (https://twitter.com/swiss_key |  @swiss_key)

What's interesting is that, @kylekemper is half-brother of Canadian Prime Minister Mr.Trudeau.

🔶 Now what? 

🔸 Staking is due to go live very soon, which the team have released a screenshot of the upcoming dashboard. 

At first glance it looks like they're are a number of options available, ranging from 7-30 day lock periods which will provide different APYs. 

🔸 @coingecko and @CoinMarketCap applications in process. 

With the connections the CEO has and vast array of utility being developed I'd presume this would be an easy feat. 

🔸 Certik Partnership - not just an audit but a PARTNERSHIP. 

Certik provides auditing of smart contracts and has previously NEVER partnered with a project. 

Something tells me Certik are quick to get involved with #TREASURE $TRSR.  

🔸 Team have brought in a CEX listing expert — He’s begun the application process for T1 exchanges.

In my experience, exchanges always list coins that look to help expand the crypto ecosystem. 

🔸 A taste of their marketing pre-launch | Banner flown over Miami.

🔸 This project has a large list of "Influencer Advisors" 

Some of my good friends @cryptoskullx, @EricCryptoman, @blocmatesdotcom, @iSmeshCrypto, @chirocrypto and @shitc0in are providing advice to the team when needed. 

Fitz Thoughts:

💭 Dev and team well connected
💭 Short term 50m and mid term 100m cap
💭 Team handled launch smoothly 
💭 Solid influencer backing
💭 Huge utility coming
💭 Community looks solid, TG blooming
💭 Slow moons best moons
💭 Will be staking 
💭 Hold strong

Socials: 

Website: https://treasuretoken.finance
Telegram: https://t.me/treasuretokenfinance
Contract: https://etherscan.io/address/0xf7ae26f1bf3c2312a4cf42246f947a4be25eef92
Twitter: https://twitter.com/treasuretoken_

Additionally, there is a an AMA tonight on twitter with a competition ongoing right now at time of writing of this thread. 

Any buys above .1ETH will give you an opportunity to win 1 ETH
So if you buy 1 ETH, you get 10 entries.

Check TG for more info. 

Good luck. 

I hope this thread has been useful. 
Please considering following me for more threads in the future. 

xx Fitz

Welcome to the @MetisDAO $METIS Ecosystem 🌿

In this mega thread I will go over some of the important protocols and additional resources to get you started in Andromeda. 

This will feature projects at time of writing only and maybe updated in the future. 

Hope you enjoy 

🧵 

Contents:

🌿 Bridges
🌿 DEX's 
🌿 Yield Farmers
🌿 Borrow/Lending
🌿 DAOs
🌿 NFT Market Places
🌿 Utility/P2E/Metaverse
🌿 Telegram Groups 
🌿 Additional Resources

🌿 Bridges

Bridges are tools to transfer tokens from one chain to another, example would be from $BSC > $Metis or $ETH > $Metis. 

🌿Bridges
📌 Synapse - $SYN

Bridge $USDC from an abundance of chains to $METIS. 

🔗 https://synapseprotocol.com
🐦 @SynapseProtocol

🌿Bridges
📌 PolyNetwork 

Bridge $METIS from $BSC Chain to $METIS Chain. 

🔗 https://bridge.poly.network
🐦 @PolyNetwork2

🌿Bridges
📌 Relay Chain - $RELAY

Bridge $MIM, $DAI, and $BTC to $METIS from alot of supported chains.

🔗 https://www.relaychain.com
🐦 @relay_chain


🌿Bridges
📌 CelerBridge

Bridge $METIS between $ETH and $METIS network. 

🔗 https://cbridge.celer.network
🐦 @CelerNetwork

🌿Bridges
📌 BoringDAO

It allows users to move ERC-20 tokens such as USDT, USDC, and ETH — originally issued on one chain — between chains. These tokens can easily be utilized in a multi-chain ecosystem.

🔗 https://oportal.boringdao.com/twoway
🐦 @TheBoringDAO

🌿DEX's 

Dex's are a decentralized exchange which is a peer-to-peer marketplace where transactions occur directly between crypto traders.  Many popular DEXs, like Uniswap and Sushiwap, run on the Ethereum blockchain.

🌿DEX
📌 Netswap - $NETT

Netswap is the first ever native Layer 2 DEX. It is also the first native DEX on Metis Andromeda and an official Metis partner. 

- Swap - Farm - LP Pools - Stake

🔗 https://netswap.io
🐦 @netswapofficial

🌿DEX
📌 Tethys Finance - $TETHYS

Tethys Finance is an official partner of Metis and a DEX offering the lowest swap fees on Andromeda. 

- Swap - Farm - LP Pools - Stake - Lending - Borrow

🔗 https://tethys.finance
🐦 @tethysfinance

🌿DEX
📌 Hermes - $HERMES

Hermes aims to build upon the popular #Solidly model featured on $FTM. 

🔗 https://hermes.maiadao.io
🐦 @MaiaDAOMetis

🌿DEX
📌 Standard Protocol - $STND

Standard Protocol is a cross-chain DEX on Andromeda and an official partner of Metis. Standard’s native token is STND, which is used to reward LP providers and farmers.

🔗 https://app.standard.tech
🐦 @standardweb3

🌿DEX
📌 Drachma - #DRACHMA

Drachma is a decentralized non-custodial automated market maker (AMM) which features “Curve-style” hyper-efficient low-slippage swaps for both pegged and unpegged assets. 

🔗 https://app.drachmadefi.io
🐦 @drachmadefi

🌿Yield Farmers

Yield farming is the practice of staking or lending crypto assets in order to generate high returns or rewards in the form of additional cryptocurrency. 

🌿Yield Farmers
📌 Pickle Finance 

Pickle’s Jars on Metis utilize an auto-compounding feature to optimize your farming strategy, in a completely hands-off way. Pickle currently offers Jars on both Netswap and Tethys farms.

🔗 https://app.pickle.finance
🐦 @picklefinance

🌿Yield Farmers
📌 Beefy Finance

Beefy Finance is a multichain yield optimizer. Beefy provides consistently optimized auto-compounding vaults on Netswap and Tethys farms.

🔗 https://app.beefy.finance/#/metis
🐦 @beefyfinance

🌿Yield Farmers
📌 Starstream Finance - $STARS

Starstream is a suite of products providing yield aggregation and yield generation and its native token is $STARS.

They also have a range of additional services too big for this post. 

🔗 https://starstream.finance
🐦 @starstreamfin

🌿Yield Farmers
📌 0x_NODES - $BIOS

0x_NODES is a modularized crosschain yield aggregation protocol using collateralized assets through synthetic swaps.

🔗 https://www.0xnodes.io
🐦 @0x_nodes

🌿Borrow Lending

Crypto lending lets users borrow and lend cryptocurrencies for a fee or interest. You can instantly get a loan and start investing just by providing some collateral. This could be through a DeFi lending DApp or a cryptocurrency exchange.

🌿Borrow Lending
📌 Agora Defi

Agora DeFi allows users to lend and borrow select assets on the Metis Andromeda network. Earn yield for lending and pay interest to borrow.

🔗 https://agoradefi.io
🐦 @AgoraDefi

🌿DAOs

They are a internet-native business that's collectively owned and managed by its members. They have built-in treasuries that no one has the authority to access without the approval of the group. 

More info here: https://ethereum.org/en/dao/

🌿DAOs
📌 MaiaDAO - $MAIA

MaiaDAO is the first community-owned decentralized reserve currency protocol available on the Andromeda, and is based on the MAIA token.

🔗 https://www.maiadao.io
🐦 @MaiaDAOMetis

🌿DAOs
📌 BinaryDAO - $BYTE 

BinaryDAO is a new DeFi primitive that helps users gain exposure in DeFi yield and deals through its native BYTE token, with the goal of creating value for BYTE holders.

🔗 https://binarydao.finance
🐦 @BinaryDAO_fi

🌿NFT Marketplaces

NFT marketplaces are platforms where NFTs can be stored, displayed, traded and in some cases minted (created).

🌿NFT Marketplaces
📌 TofuNFT 

TofuNFT is one of the larger cross chain NFT marketplaces that now supports $METIS ecosystem. 

🔗 https://tofunft.com
🐦 @tofunft