So what are the best protocols on web3 right now that are not yet decentralised, and will survive bera?
Here is my list worth keeping an eye on (includes a yet-to-be-launched L2)
I love L2s, and am not a big fan of alternative L1s
@zksync is a particular favorite due to its commitment to give away a majority of ownership to the community
I am increasingly hearing good things about the @arbitrum team's focus on its ecosystem (wish they would stop teasing their airdrop though)
Have already spoken about @Starknet. Resource rich... with great valuation pre bera. So enough runway to make an impact
Another interesting L2 is @Scroll_ZKP. Great team pedigree. Run their node if you are technical enough.
Then there is @fuellabs_, an optimistic rollup
There is also an in-stealth L2 coming soon. Will write about it when the time comes ๐
Follow lenster.xyz/u/futureiscrypto8 if you want to get this #alpha before I post on twitter
Also, speaking of #alpha and @fuellabs_, here is a in-development project with a unique take on providing uni-directional liquidity
Check out @poolsharks_labs. Currently on #arbitrum, but will be on #fuellabs soon. Opens up many investment strategies (needs a separate thread)
If games end up being big on web3, NFT market places will be in demand.
@blur_io is good, but @opensea is the OG. And they are under significant pressure due to blur's success. Competition is good
Also @gemxyz v2 beta
Also like @ourZORA because of their commitment to decentralizing with a vast majority being owned by the community (market.zora.co/manifesto)
Then there is @nftperp. It allows you to go long/short NFTs with leverage
Then there are real yield generating protocols (not vegetable farms)
@GearboxProtocol (has token) and @paxofinance are good protocols to leverage and farm. @ithil_protocol launching on Arbitrum soon
If done well, you can execute a zero-interest (or better) leveraged long/short
.@BrahmaFi for less risky farming with #gearbox (btw, they are cooking something new ๐)
@PolynomialFi allows you to take a directional view of the market while benefiting from their expertise in choosing conservative parameters for capital preservation
@pikaprotocol for perps
Opyn (@opyn_) is probably one of the MOST innovative teams in defi
They constantly push the envelop on what is possible. In particular, check out their Crab-USDC strategy for the current market conditions
Love @DeFiSaver. This kind of automation for returns is a great usecase for defi
Having said that, I am disappointed by their rate of development. Their non-mainnet apps are bare, integrations are minimal (no gearbox?). Can the devs do something?
If you think social media is a good use case for web3 (and I do), then there is @LensProtocol
Twitter is too erratic under Elon. But imagine curation/tagging of content incentivized by tokens. And you subscribe to what you want/like. No censorship ... but no crap either!
For stablecoins, I like @trustlessfi and @MaltProtocol
Trustless is based on #Liquity and is on zksync
Malt is a unique take on stablecoins. Yet to prove its peg mechanics. But if it works, it will be fabulous!
Both will reward LPs/community rather than VCs
This may be controversial and unethical for some
But crypto is the only way you
- get truly fair (as can be) casinos and betting odds
- can be on the 'other' side i.e. the house
Look at @ZKasino_io and @azuroprotocol (and LP if you like the idea of betting against the bettors)
And cannot forget @taho_xyz, a community-owned wallet
For swaps, I think the only big one still without a token is @SlingshotCrypto
There is also this whole space of under collateralized lending + real world asset monetisation
This usecase still developing and winners will evolve
Will write a separate thread about this. Want it sooner? Show some love to the first tweet in thread i.e. like/retweet :)
Ofc these aren't the only good ones around. Just the ones that are top of mind for me right now