#ETH scaling solution is in full swing with the anticipation of #L2.

While Optimistic Rollups has been catching fire! #Arbitrum, #Optimism

A new development #Linea built on #zkEVM may lead ZK-rollups to dominate L2's war in the future.

Why is @LineaBuild the next big thing? 🧵

1️⃣ What is Linea?

▪️ Linea is a layer 2 solution that is evolving zkEVM to be able to combine the security and performance of zkProofs with full EVM compatibility.

▪️ Linea allows you to deploy any smart contract, use any tool, and develop as if you were building on Ethereum.

▪️ For users, this enables the experience and security of Ethereum, but with lower transaction costs.

▪️ Linea zkEVM just released the beta on March 28, but it has received a great deal of attention, because of its great background.

https://twitter.com/LineaBuild/status/1640639901292015616?s=20

2️⃣ Linea’s Backers

▪️ Behind Linea is Consensys - the parent company of a series of quality and popular products such as Metamask wallet, Infura dev support tool, Diligence audit unit

3️⃣ Highlights of Linea

▪️ Linea applies zkEVM technology, providing a better product development experience for developers.

▪️ Dapps built on Linea can be reduced computation and storage costs on the Ethereum network.

▪️ Linea provides users with a simple and intuitive interface, making it easy for developers to build dApps on this platform.

▪️ @Consensys is the company behind Linea making it more competitive with other zkEVM chain such as zkSync, Scroll, and Polygon zkEVM.

▪️ @Consensys offers developers tools for building dApps on Layer 2 without worrying about basic building blocks.

▪️ Developers can use Infura's APIs and tools to focus on creating Web3 innovations.

4️⃣ The potential airdrop

▪️ Following the attention and funding they have attracted, it’s highly likely that they will launch a token and conduct an airdrop in the future.

▪️ @Axel_bitblaze69 made a detailed thread about how to be eligible for Linea airdrop.

https://twitter.com/Axel_bitblaze69/status/1674772969544110081

5️⃣ Who is building on Linea?

▪️ Despite being in testnet phase, Linea's ecosystem has grown quickly with several projects participating, including Hop Bridge, Cbridge, Layer Zero, Uniswap, Mes Protocol,..

📌 Here is a list of the newest protocols built on Linea:

[1] @horizondex_io

▪️ HorizonDEX is the first concentrated liquidity DEX on @LineaBuild and aims to become its primary liquidity hub.

▪️ The testnet phase is ongoing, and an incentivized testnet campaign is being hosted, with all testnet users receiving a testnet NFT at the end of the period.

https://twitter.com/horizondex_io/status/1672204212938186753

[2] @Echo_DEX

▪️ EchoDEX is a decentralized exchange platform built on the Linea Consensys network.

▪️ The platform is designed for fast and secure trading of cryptocurrencies, with the added benefit of being built on a trusted network.

https://twitter.com/Echo_DEX/status/1676199184154902530

[3] @pekoprotocol

▪️ Peko is the first money market on Linea to introduce the Dynamic Collateral Factor (DCF) mechanism to maximize capital efficiency.

▪️ At launch, Peko Protocol will allow borrowing and lending money markets with governance by the community expected by Q4 23

[4] @MendiFinance

▪️ Mendi Finance is the first lending protocol on @LineaBuild

▪️ It offers high yields through bribe-reward tokenomics and allows users to stake in order to share 100% of protocol profits.

https://twitter.com/MendiFinance/status/1666098318982905856

[5] @lineans_domains

▪️ @lineans_domains is the first omnichain naming service on Linea.

https://twitter.com/lineans_domains/status/1678766403674075137

📌 Other protocols: @LineasterBuild ; @GridexProtocol ; @NoobysSwap ;  @zkHoldem

6️⃣ Conclusion

▪️ Linea is a #zkEVM solution developed by @Consensys .

▪️ It has recently launched a Public Testnet, with numerous projects deployed on this zkEVM solution.

▪️ With the participation of ConsenSys, the competition between projects will become more attractive and of better quality.

▪️ It's worth building your own list of protocols on the Linea ecosystem to keep an eye on.

Why is @LineaBuild the next big thing?

BRC20 tokens are generating wealth for ppl who are early adopters $ORDI $SATS $MUBI

Came across @OrdiswapLabs, a cutting edge DEX that brings dynamic AMM infrastructure to BRC20 ecosystem, enabling Defi liquidity on Bitcoin.

A thread 👇

1️⃣ What is Ordiswap?

Ordiswap is a pioneering protocol, merges the worlds of Bitcoin and DeFi by introducing the first AMM on Bitcoin's native layer through off-chain balance state logic.


The protocol seamlessly integrates with Bitcoin's layer-1, eliminating the need for layer-2 solutions. providing trustless, secure, and transparent DeFi experience

2️⃣ Ordiswap’s Products

To enable #Defi liquidity on Bitcoin layer, Ordiswap brings 3 core products:

▪️ Ordiswap’s Unique AMM Mechanism

▪️ The Ordiswap Bridge

▪️ Bitcoin Standard Dollar — Ordiswap’s Native Stablecoin

[1] Unique AMM Mechanism

Ordiswap's AMM introduces off-chain balance states, reducing on-chain footprint and enhancing transaction efficiency.

Off-chain balance states significantly improve platform scalability, reduce gas fees, and enable near-instant trades.

[2] The Ordiswap Bridge

Ordiswap's upcoming bridge enables cross-chain interoperability between Ethereum and Bitcoin Layer 1 networks.

It leverages the concept of 'wrapping' to facilitate asset movement across these distinct blockchains and supports bidirectional capability for enhanced interoperability.

[3] Bitcoin Standard Dollar — Ordiswap’s Native Stablecoin

Ordiswap's Bitcoin Standard Dollar (BTSD) is overcollateralized, providing a more robust peg to its fiat counterpart by using a mix of Bitcoin and ORDI as collateral.

BTSD's technical mechanisms for maintaining its peg include overcollateralization, Collateralized Debt Positions, Virtual Ordiswap Vaults, and the Ordiswap Savings Rate.

3️⃣ Ordiswap's Features

[1] Native Layer AMM: Ordiswap is the first native AMM that enables liquidity on the Bitcoin layer. This allows for token swaps, including BRC20s, directly on the chain.

[2] Liquidity Pools: Ordiswap goes beyond being a basic trading platform by offering users the opportunity to actively participate in providing liquidity for Bitcoin-native assets. This helps to foster deep market liquidity.

[3] Staking

Introducing unique staking mechanisms for $ORDS holders, which encourage active participation and earning.

Users can stake $ORDS on Ethereum by linking it to BRC-20 wallets, unlocking holistic benefits and generating revenues.

[4] Offchain Logic

Ordiswap leads the way in pioneering a cutting-edge framework that seamlessly incorporates a customized API, advanced indexing, modularity, and Bitcoin nodes.

This intricate combination empowers an off-chain balance state AMM, fundamentally transforming the provision of liquidity for Bitcoin's layer 1 in an unprecedented manner.

4️⃣ How Ordiswap AMM works

With a focus on transforming the $BTC DeFi experience, Ordiswap is unveiling two effortlessly accessible pathways for our users.

▪️ Off-chain option with balance states

▪️ Fully decentralized option

More details, check here: https://twitter.com/OrdiswapLabs/status/1735454179269714225

5️⃣ The $ORDS token

$ORDS is the native token of Ordiswap on Ethereum mainnet

Total supply: 1,000,000 ORDS

🔹 Distribution

▪️ Liquidity: 20% - 100% released at TGE

▪️ Team, advisors: 10% - 10% released at TGE, 3m cliff, daily vesting

▪️ Community, ecosystem: 15% - 10% released at TGE, 1month cliff, daily vesting

▪️ Staking rewards: 15% - 10% at TGE, 1m cliff, daily vesting

▪️ Treasury: 10% - 10% released at TGE, 3m cliff, daily vesting

▪️ Seed sale: 5% - 6.25% monthly vesting

▪️ Private sale: 10% - 12.5% monthly vesting

▪️ Public sale: 15% - 100% released TGE

The $ORDS public sale successfully ended on December 15th via LBPs on @FjordFoundry.

Trading has not yet begun, but it’s worth keeping an eye on it as the BRC20 token continues to trend.

▪️ LBPs price: $34.5

▪️ Seed price: $2 (vested)

▪️ Private price: $3.5 (vested)

6️⃣ $REOS token

$REOS is the BRC20 version of $ORDS, aiming to revolutionize reward systems within the Ordiswap ecosystem on Bitcoin's layer-1.

As a direct revenue stream for $ORDS on the Ethereum, $REOS allows dual-network staking, earning rewards, and accruing swap fees.


https://twitter.com/OrdiswapLabs/status/1736161491131207860

7️⃣ Conclusion

In conclusion, Ordiswap is an exciting project that combines the worlds of Bitcoin and DeFi through its innovative protocol.

As the BRC20, BTC narrative continues to gain momentum, it's worth keeping an eye on the launch of $ORDS.

8️⃣ Tagging some chads mentioned @OrdiswapLabs

@MoonKing___
@StrongHedge
@EzMoneyGems
@CRyptOracl3
@Kaffchad
@Karamata22
@Defi__Shaman


Ordiswap: Bridging Bitcoin and DeFi

Imagine being able to create your own DeFi products such as staking, #RWA, #lending, #Socialfi, #AI, etc., without needing "IT Skills".

That's exactly what @itsearnnetwork is building to fulfill your wish.

Let’s dive in 🧵

1️⃣ What is @itsearnnetwork?

Earn Network is a community driven marketplace that offers “no-code” solutions to create unique yielding opportunities for any market.


By utilizing the platform's security and audited template, you can easily deploy various DeFi products, such as:

▪️ Yield staking

▪️ NFT staking

▪️ Lending borrowing

▪️ RWA

▪️ AI

2️⃣ Products

Earn Network currently offers 3 major products:

[1] Defi staking

Earn Network supports a variety of blockchain networks and a wide array of projects.

The goal is to maximize yield earnings for users by providing flexible staking methods.

[2] Flash Pools

Flash Pools on Earn Network offer time-limited staking opportunities with exceptional rewards.

These pools are established in collaboration with influential industry figures, allowing users to access and earn higher yields within a short period.

[3] Restaking

As the name suggests, Restaking allows you to earn higher yield by staking tokens you earned from your previous staking activities.

Currently, Earn Network supports restaking across blockchains available in the Cosmos ecosystem.

3️⃣ Team, Backers, and Partners

Earn Network has raised $2.7M from large, well-known venture capitalists such as Shima Capital, DFG, Cronos Labs, and LD Capital.

The founder of the protocol is @bartekpozniak.

He is also the founder of @mycointainercom, one of the first global staking platforms and the first regulated staking platform in Europe.

After 30 months of operation, @mycointainercom reached a net profit of 0.5m EUR.

Earn Network has partnered with over 20 promising projects in the space, including @cronos_chain, @avax, @BNBCHAIN, @OnyxProtocol, @dypius, @EvmosOrg, and @oraichain.

These partnerships will bring exclusive opportunities to Earn Network users.

4️⃣ Tokenomics

$EARN is the native token of the protocol, with a total supply of 10 billion tokens.

18% for seed: Cliff 6 months, unlocked every month for 12 months

2.5% for Private: Cliff 3 months, unlocked every month for 12 months

4.6% for Public: Cliff 0 months, rest unlocked in the next 4 days

15% for team: Cliff 12 months, rest unlocked every month for 24 months

4% for advisors: Cliff 6 months, rest unlocked every month for 24 months

11% for marketing: unlocked every month for 36 months


8% for liquidity

18.4% for ecosystem: 1 month lockup, rest unlocked every block for 20 months

6% for reserve: 6 months lockup, 1% weekly for 25 months

12.5% for treasury: 1 month lock up, unlocked every month for 30 months

📌 Token utilities

EARN will not have an inflation mechanism, and the staking yield will be paid directly from platform fees.

▪️ Part of the platform fees will be used to purchase the EARN token from the market.

▪️ Stakers gain part of the fees by staking their token

▪️ Payment in the ecosystem

▪️ Higher yield when claiming interest in $EARN

▪️ Promotional spots bidding

Although $EARN has not yet launched, the $EARN public sale is set for November 24th at a price of $0.0025 per $EARN.

$EARN will be listed on November 30th with an initial MCap of $670K.

For more information, please check here: https://earn.network/public-sale

Moreover, you can accumulate EARN points, which will later be converted into $EARN tokens.

The deadline for this event is set on November 19th, so don't fade it!

https://zealy.io/c/earnnetwork/questboard

5️⃣ Social

Join and follow their social channels to stay updated on news and exciting events:

Website: https://earn.network

Twitter: https://twitter.com/itsearnnetwork

Telegram News: https://t.me/EarnnetworkNews

Discord: https://discord.com/invite/zAxVTGr648

6️⃣ Conclusion

Yield farming is the backbone of DeFi, which is why I believe Earn Network has significant potential with its "no-code" solutions market for all DeFi users.

The timing for the launch of $EARN is also really a good pick while the uptrend sentiment is approaching.

Tag some chads are supporting Earn.network

@MoonKing___
@SamuelXeus
@MichaelSixgods
@CosmosHoss
@PrudentSammy

@0xFinish

@mapletarzan

@izu_crypt

@WisdomMatic
@blockscriber
@VanessaDefi
@Ebubechi_GMI



Earn Network

Base chain is growing rapidly, with over 295M TVL and 55,000 daily active users.

The launch of @citadelswap might boost Base's momentum even more.

A thread on Why Citadel is the next big thing on Base👇

1️⃣ Why Base potential?

▪️ The Base ecosystem is poised to gain significant growth and dominate Layer2 due to the incubation of Coinbase.

▪️ Coinbase has 110M users and $130B in assets, with these numbers growing. Base chain will be used to store and trade these assets.

▪️ Recently, Coinbase has gained clearance to provide perpetual BTC futures trading globally, creating more opportunity for Base chain.


https://twitter.com/Cointelegraph/status/1719703767120052597

▪️ Since the Base chain launched on 9 August, the TVL on its chain has significantly surged 600% by growth rate.

▪️ Atm, Base holds $579M TVL, attracting over 160 protocols building on the chain.

▪️ Aiming to become the all-in-one DeFi protocol, @citadelswap, a liquidity hub on Base, offers unique solutions that distinguish it from other protocols on Base.

2️⃣ Citadel - liquidity hub on Base

[1] The current problem with other DEXs on Base

▪️ A common problem for every DEX is how to deepen liquidity in pools to reduce price impact when users make swap transactions.

▪️ Most of these DEXs incentivize liquidity provision using their native token, which leads to inflation in their tokenomics.

▪️ As a result, their native token often dies out in a short period of time.

[2] Citadel’s solution

▪️ Citadel has implemented a dual token model powered by $FORT and $esFORT to address this issue.

▪️ esFORT is an escrowed token, acquired by staking $FORT - the native token of Citadel.

▪️ Yield farming rewards for LPs will be distributed in esFORT/FORT at an 80/20% ratio.

▪️ The 80% of esFORT rewarded is non-tradable and can only be vested by staking them for a duration of 15 - 90 days (1 esFORT = 0.5 - 1 FORT).

▪️ This will ease short-term selling pressure, maintaining the protocol’s economic health.

3️⃣ Revenue stream

▪️ Citadel has designed a robust revenue model that benefits long-term token holders by sharing 25% of revenue with esFORT stakers.

▪️ These dividends are distributed continuously, through weekly epochs.

[1] DEX swap fees:

▪️ 0.15% rewards LP providers

▪️ 0.0625% dividends for $esFORT stakers

▪️ 0.025% buy back and burn $FORT

▪️ 0.0125% development

[2] 1% Raised Funds from Launchpad launches:

▪️ 1% goes to treasury to buy back and burn $FORT tokens.

4️⃣ Upcoming launch

▪️ Citadel token $FORT is set to launch very soon this month after the protocol teamed up with many OG DeFi protocols to enhance user experiences.

▪️ These partnerships include: @rhinofi, @overnight_fi, @xyfinance, and @SolidProof_io for AMM contract audits.


🔵 Citadel has officially announced $FORT Private Sale

▪️ Citadel Launchpad: app.citadelswap.xyz/public-launch

▪️ Sale Method: FCFS

▪️ Time: 15/11 - 16/11/2023

▪️ Hardcap: 60 ETH ( 3.000.000 $FORT; 3% of Total Supply )

▪️ Vesting: 75% $FORT; 25% esFORT

→ $FORT Price: 0.000198 ETH

🔵 More details about their $FORT Private Sale, you can find at the links below or Medium article at medium.com/@CitadelSwap/citadels-public-sale-official-announcement-ee50013c97b5

https://twitter.com/citadelswap/status/1720380707862634783

📌 Follow their social media to catch the latest updates.

Twitter: https://twitter.com/citadelswap

Discord: https://discord.com/invite/citadelswap

Telegram: https://t.me/citadelswapnew

And that's it!

If you find this thread interesting & useful, don't forget to follow, RT to share and turn on the notification to be the first to read.

To gain more related insights, join my community at:

Telegram: https://t.me/alphahunterTanaka

Citadel

Liquidity, capital efficiency, and leverage are the backbone of DeFi protocols.

Many #DeFi protocols rely on unsustainable incentives that hinder their platform's growth

However, @SenecaUSD aims to change this by serving as a CDP platform for yield-bearing assets.

A thread 🧵

1️⃣ What is Seneca?

▪️ Seneca is an omnichain lending market, CDP platform for yield bearing assets on Arbitrum

▪️ With its omnichain lending market, Seneca aims to unlock liquidity for these assets by allowing users to deposit them as collateral & borrow its stablecoin, senUSD.

2️⃣ Why Seneca has potential

▪️ There is currently $50.37 billion ETH staked, creating significant demand for Liquid Staking Tokens (LSTs).

▪️ Seneca has whitelisted LSTs as one of the yield-bearing assets, allowing users to borrow $senUSD to maximize capital efficiency while earning yield.

▪️ Additionally, other yield-bearing assets such as LPs, vault tokens, and deposit receipts can also be used as collateral.

3️⃣ How does it work?

1/ Deposit your yield-bearing assets on Seneca as collateral.

2/ Borrow senUSD against your deposited assets.

3/ Use senUSD to acquire more yield-bearing assets for deposit.

4/ Keep all your yield and only pay interest on the borrowed amount.

5/ Set your loan-to-value ratio and repay the loan at your convenience.

4️⃣ Seneca's revenue model

▪️ Seneca generates revenue through various streams, including borrow fees, interest accrued by open positions, and liquidation fees.

▪️ Borrow fees and interest rates vary depending on the pool, with higher LTV pools using higher rates to compensate for higher demand.

▪️ The protocol receives 10% of the total fee as its share of the liquidation fees.

5️⃣ Tokenomics

[1] SEN token

SEN is the native token of Seneca Protocol

Total supply: 100M

▪️ 17% for Seneca foundation: 5% unlocked TGE, 2-year linear vesting

▪️ 7.5% for community incentives: 5% unlocked TGE, 1-year linear vesting

▪️ 7.5% for Dao: 1-year linear vesting

▪️ 6% for airdrop: 10% unlocked TGE, 3-month linear vesting

▪️ 4% for early contributors: 10% unlocked TGE, 3-month linear vesting

▪️ 8% private sale:

▪️ 15% Omnichain liquidity: 4M $SEN unlocked for initial liquidity

▪️ 35% Incentives: 5% unlocked TGE, 4 year linear vesting

[2] veSEN token

▪️ veSEN is Vote-escrow token of SEN that is used access revenue redistribution and vote on governance proposals.

▪️ veSEN is obtained by locking SEN/WETH liquidity on Balancer 80:20 for 16 weeks

[3] senUSD

▪️ senUSD is a CDP stablecoin that is loosely pegged to $1.

▪️ Users can borrow senUSD by depositing assets as collateral or purchase senUSD on Dexes.

[4] Token utility

▪️ Seneca Protocol redistributes half of lending market revenues to veSEN **holders in SEN as real yield.

▪️ Weekly revenue redistribution is processed each Thursday

▪️ Half of the lending market revenues will be used to buy SEN from the open market and burn it.

▪️ Join the Senate and vote on new collateral whitelisting and protocol parameter changes.

6️⃣ Upcoming on Seneca

▪️ Seneca is scheduled to launch its dApp on November 8th, following a thorough audit.

▪️ The testnet will be launched soon, with 6% of the total supply of SEN allocated for an airdrop.

▪️ The public sale is live on @TheGemPad . Already reached the initial Soft Cap, you  can join here.

https://gempad.app/presale/0xf196378c7F5A5d95725f23a32298B8CB3e6C65BB?chainId=42161

https://twitter.com/SenecaUSD/status/1720872006931857885

Besides, @GammeStrategies, with experience in managing crypto liquidity, is now supporting @SenecaUSD in managing $senUSD v3 liquidity.

▪️ This partnership improves liquidity solutions and promises a bright future for both parties.

https://twitter.com/SenecaUSD/status/1720141936533610767?s=2

More info to #DYOR

X: @SenecaUSD

Website: https://senecaprotocol.com/

TG: https://t.me/seneca_protocol

DC: https://discord.com/invite/senecaprotocol

Tagging some chads are supporting for $SEN:

@ChadCaff
@ardizor
@CryptoGideon_
@crypto_popseye
@defi_antcrypto
@MoonKing___
@Cryptoalpharian
@CryptoShiro_
@TheDeFISaint


Seneca

#BTC ETF approved in coming days!

BTC halving in 2024!

The BTCfi narative is just around the corner!

Aim to become a side chain for BTC, @mvcglobal $SPACE is the most bullish case for BTCfi narrative

$STX: 940M
$RIF: 113M
$SPACE: 17M ??

What's wrong?

Let dive in 🧵 👇🏻

1️⃣ Overview

The blockchain trilemma is a design problem of existing blockchains that has been around for decades.

These limitations that blockchains try to solve are: scalability, security, and decentralization.

To address these issues, MVC has created a blockchain with unlimited scalability, compatibility for Web3, metaverse, and a focus on high performance through the integration of DID and Layer1 smart contracts.

2️⃣ MVC - side chain of Bitcoin

▪️ Microvisionchain (MVC) is a new blockchain aiming to become a sidechain for Bitcoin, ensuring optimal performance while also promoting efficiency and cost savings as a replacement for Bitcoin's mainchain.

▪️ Notably, the total supply in MVC's tokenomics is limited to 21M $SPACE, the same as Bitcoin's design.

MVC focuses on these 3 improvements:

✅ UTXO-based smart contracts for app development
✅ Integrated decentralized identity protocol for cross-chain operations
✅ Users can use Web3 apps without buying or holding crypto.

In terms of performance, MVC achieves an impressive of over 10,000 TPS.

One key feature is the zero confirmation transaction technology, which allows for immediate processing of both FT and NFT transactions, reducing transaction latency for a better user experience.

An important innovation of MVC is the built-in Layer 1 Decentralized Identity Protocol, customized for Web3 applications.

This protocol enables cross-chain operations and uses a unique MetaID for all blockchain data. Its goal is to eliminate data exclusivity, ensure data compatibility between applications, and give data ownership to users.

Similar to Bitcoin, MVC is open to miners worldwide and follows the mining economy. The block creation time is approximately 10 minutes, and the initial block size limit is 4G.

▪️ Block rewards

Miners are incentivized early on through block rewards, which gradually decrease over time.

▪️ Transaction fees

Miners also earn from transaction fees, which are expected to become the main source of income as the MVC ecosystem develops.

3️⃣ Tokenomics

▪️ Ticker: SPACE

▪️ Total supply: 21,000,000

▪️ Market cap (atm): $16M

▪️ 55% for DAO, 2.5% release per quarter, halving every 11 quarters

▪️ 10% for early contributors, 2.5% release per quarter

▪️ 35% for SHA-256 mining, releasing 25 $SPACE every block.

This distribution of SPACE is unique, with no presale or IXO, All establishment activities, node operation, and governance functions have been funded by initial contributors.

Tokenomics are designed to benefit stakeholders:

🔹 Holder

Hold SPACE for belief in its value, use the token for governance in MVC, and pay gas fees.

The holding incentive will come when there are more BTCfi projects built on MVC.

🔹 Bitcoin Holder

MVC provides an external "operating system" for Bitcoin through smart contract applications

The goal is to provide services for Bitcoin holders similar to how Layer2 benefits Ethereum.

🔹 Contributors + Builders

Directly benefit from retroactive funding and the markets they create.

In general, building the ecosystem, structural tools, education, applications, and infrastructure... will benefit from capital funding.

🔹 Users and Community Members: Benefit from infrastructure applications, airdrops, and project incentives from the ecosystem.

4️⃣ Why SPACE potential

MVC is unique because it aligns with Bitcoin's UTXO model, combined with the vision of becoming a leading sidechain for Bitcoin.

Focused on creating an inclusive and efficient blockchain ecosystem:

✅ Scalability without limits
✅ Fee reduction mechanism
✅ Transactions without confirmation
✅ Integrated data storage, smart contract execution, and transactions in a single chain.

In summary, MVC = BTC sidechain + Ordinals + Incriptions + DID but at a low market cap of $16M compared to Stacks' $940M market cap; $RIF $113M market cap.

Tagging some chads are in $SPACE

@BraverCrypto
@Mikee_93
@ElCryptoDoc
@phoenix_gems47
@cryptodoc_
@wauwda
@Altcoin_Gold
@CryptArchitect_
@SatoshiWolf
@LongtermR
@RvCrypto
@MoonKing___
@ScottGShore

deFarm is set to release their Testnet, bringing a new airdrop opportunity based on your activities on @deFarm_ETH.

To help you make the most of this chance, here’s a guide on how to maximize your score and qualify for the airdrop 🧵👇


https://twitter.com/defarm_ETH/status/1712364813165514885?s=20

1️⃣ I've introduced deFarm in my previous post. Check it out here:

https://twitter.com/Tanaka_L2/status/1709500959808966913

2️⃣ The deFarm Testnet was launched on October 12th.

🔹 To participate:

• Engage in activities within the deFarm ecosystem, such as creating Single Farms (Single Trade DeFi) Vaults and investing in other users' Farms.

• Points earned through these activities will be recorded and reviewed by the team for qualification.

🔹 You can follow this step-by-step guide:

• Visit testnet.de.farm.
• Connect your wallet and add the Arbitrum Goerli network.
• Obtain some free ETH and USDC from faucet.de.farm.
• Navigate to "Create Farm" and share your trading ideas.

🔹 Here’s how to create your own Farms:

https://twitter.com/defarm_ETH/status/1714906076079067331?s=20

🔹 Explore other farms in the "All Farm" tab.

🔹 Monitor your own farm's performance in the "Your Farm" tab.

🔹 Repeat the process until you've invested your free 5000 USDC from the daily faucet.

3️⃣ And don’t miss out on their Tide Campaign, where you can participate to earn exclusive NFT badges. To get involved, visit the following link: https://www.tideprotocol.xyz/users/campaign/dc8e6e64-a8c8-4e36-87f3-37583dd2f5f9.

4️⃣ Personal thoughts

I’m impressed with deFarm's UX/UI – it's exceptionally well done & user-friendly!

Considering the meticulous approach taken by the team, deFarm has substantial potential to thrive within the Arbitrum ecosystem.

You can visit their social for more information:

Website: de.farm
Twitter: @defarm_ETH
Telegram: https://t.me/defarm_eth
DeBank: https://debank.com/official-account/112604

DeFarm

Despite expectations, Linea seems to be lacking steam when compared to other L2s such as #Base, @zksync, @Arbitrum, ...

However, Top projects are still being developed and waiting for the right time to explode.

An Omnichain LST Liquidity protocol - @LyveFinance is one of them🧵

This thread will cover:

1⃣ Lyve Protocol overview

2⃣ Lyve mechanism

3⃣ Tokenomics

4⃣ Audit

5⃣ Roadmap

6⃣ Some thought

1⃣ Lyve Protocol overview

🔹 #LSDfi is very important to Defi as it solves, improves 3 problems:

▫️ Security of Ethereum network
▫️ Provides ETH holders with a risk-free benchmark rate
▫️ Opens up possibilities for more innovations as well as enhancing capital efficiency.

🔹However, the application and profitability of LSTs on L2 are still very limited.

Due to the lack of options and farming opportunities, most $ETH holders can only be used on Ethereum, some L2.

Lyve provides a much better choice.

🔹 Lyve Protocol is an #LSDfi project built on the @LineaBuild and @ethereum ecosystems.

Lyve has just acted as a bridge to help transfer #LSTs (Liquidity Staking Tokens) from Ethereum to Linea.

🔹Lyve support various interest-bearing assets for yield farming.

Users cant only stake LST (such as Lido, Fraxeth, etc.) to farm but also stake LP assets to farm.

This can effectively improve the yield and utilization rate of LST and provide users with higher returns.

🔹 In addition, Lyve also acts as cross-chain liquidity layer to help projects that want to deploy LST take advantage of Lyve's abundant liquidity.

🔹 In future, Lyve will not only build on Linea, but also expand to other blockchains, L2s to implement multichain protocol vision.

🔹 But while Linea seems to be quite inferior to other L2s, why did Lyve choose Linea and not L2s with billions dollars TVL like ARB, OP?

According to Lyve, they had a talk with Linea team. Linea team's dedication and responsibility will help them receive stronger support.

🔹 Consensys, the company behind Linea has long experience in technology. They have also been developing cheap, fast ZK tech for many years.

Choosing Linea Mean has technological advantages, dedicated support, and a capable team.

🔹 The reason users should choose to farm on Lyve is because:

▫️ More productive and safer: Lyve provides returns that exceed those of LSD. Most LSDfi protocols have relatively low returns.

This does not appeal to Defi degens who are used to farming pools with very high %APY.

▫️ It safe: POFT is entirely immutable and fully decentralized. No one can control this #ERC20 tokens deposited within it.

Therefore, holding POFT is as safe as holding the original ERC20 token.

▫️ Maintain $ETH Exposure: If you deposit X $wstETH into Lyve, after a while you can withdraw X $wstETH + farm rewards.

Lyve guarantees you can withdraw $wstETH = $ETH.

It mean you achive excess farm earnings while maintaining $ETH exposure.

2⃣ #Lyve mechanism

🔹 #LSDfi improves capital efficiency of $ETH Staking Pools.

Types of LSD models include:
▫️ Defi Liquid Staking Providers
▫️ CEX Liquid Staking
▫️ CDP Stablecoins
▫️ Index LSDs
▫️ Yield Strategies
▫️ Money Market


🔹 But it seems that LSDfi has not really exploited its potential for use. The LSDfi protocols and LST are largely new to Ethereum. A few are available on Arbitrum, Optimism.

There are many potential layer2s such as zkSync, Base, Linea but LST has never set foot on these lands.

🔹 In the near future, @LyveFinance will serve as a bridge to bring LSTs from Ethereum to @Lineabuild.

Over time, it will gradually expand to other L2s. This expansion will enable more diverse uses of LST beyond its primary focus on @Ethereum.

🔹 In addition, it can also take advantage of $ETH scattered in different chains, helping to strengthen network security and at the same time lay a solid foundation for the next Defi summer.

🔹 What sets Lyve apart from other LST Liquidity protocols is:

[1] Cross-Chain Fluidity with LayerZero

▫️ The project uses POFT (Proxy Ominichain Fungible Token) solution from LayerZero to bridge existing LSD tokens to Linea to ensure adequate security and reliability.

POFT contract is like $WETH – is a simple, immutable wrap of original token, with no other functions beyond the wrap.

▫️ With LayerZero technology implementation, liquidity will consolidate between chains and can be effortlessly moved to help ensure smooth protocol operation.

3⃣ Tokenomics

[1] Token metrics

▫️ Lyve implements the VeTokenomics model to operate the token economy. There are 3 types of tokens used in the Lyve ecosystem:

➡️ $LYVE: Protocol utility token

$LYVE's role is to promote liquidity through the distribution of farming rewards with $esLYVE.

In addition, $LYVE also plays a role in platform governance by locking $LYVE into $vLYVE.

➡️ $vLYVE: $veLYVE holders can vote for gauges and earn 80% revenues and 100% bribes for associated vault. $vLYVE holders receive:

Trading fees generated by pool(s) they vote for

Bribes deposited for pools they vote for

Weekly vLYVE distribution (rebase)

➡️ $esLYVE: $esLYVE is a Boosting credit for farming. It can be vested into $LYVE linearly over 7 days or can boost your farming efficient, up to a maximum of 1.5 times.

If you want to boost:

When your $esLYVE/total $esLYVE ratio > your farm position, you receive 1.5 boost.x

If you want vest to $LYVE:

You can withdraw your $esLYVE in $LYVE form after 7 days linear vesting, and to vest your esLYVE, you must own a corresponding amount of LYVE.

For example, If you have 100 $esLYVE, you can choose to vest all and it will no longer boost coefficient.

▫️ However, Lyve has made improvements to the ve(3,3) model:

➡️ Provide additional incentives for loyal LPs to encourage LPs to provide liquidity for a longer term, making the liquidity of the protocol more stable and thereby achieving more consistent protocol revenue.

After users stake LSD assets, they will receive a loyalty coefficient. This coefficient starts at a default value of 1 and has a maximum of 1.5.

When user pass one month, coefficient will equal 1.5, meaning that the longer the stake time, the more rewards the user will receive.

➡️ $esLYVE offers vested farm incentives to reduce selling pressure from farm rewards.

$esLYVE also can be used to boost farm rewards, making users more willing to hold $esLYVE long-term to gain more steady, long-term returns.

Farm rewards will be distributed in the form of 60% $LYVE and 40% $esLYVE.

This mechanism overall encourages farm users to participate in the protocol for a longer term, rather than selling and leaving immediately after receiving rewards.

➡️ The lock-up period for veLYVE is more user-friendly. Avoid creating the feeling of holding capital for too long for users.

In traditional ve(3,3) model, maximum lock-up time of 4 years while max lock-up time of Lyve is only 4 months.

➡️ This is the operating model of LYVE

4⃣ Audit

🔹 To ensure security for the project, Lyve Finance has cooperated with Solid Proof to audit the contract protocol.

https://github.com/solidproof/projects/tree/main/2023/Lyve%20Finance

🔹 In addition, the project has also doxed with Linea and Lyve's information has been listed on Linea's official website: https://linea.build/apps

🔹 Choosing Linea-doxxed protocols may not help you avoid losses, but surely you will not face rugpull, LP withdrawal, honeypot,...

5⃣ Roadmap

🔹 In the near future, Lyve aims to complete the $LYVE public sale and deploy the protocol to Linea.

Next 3 months, the goal is to continue to develop more functions and expand to more L2s.

6⃣ Some thoughts

🔹 Lyve will help further enhance the capital efficiency of assets through cross-chain LST.

Imagine Lyve taking advantage of all the $ETH on the current 29 L2s mainnet?

🔹 However, this also poses a risk as cross-chain bridges are the most attacked in 2022. This will be overcome when Lyve uses Layerzero's cross-chain tech.

Helps ensure the safety of users' assets when transacting across the chain, regardless of what the core tech of L2s is.

🔹 Lyve is also the first liquidity layer for LST on Linea. When the Linea ecosystem exploded, LSDfi projects on Linea were born and built on top of Lyve.

All of these projects will have to pay a portion of fees to Lyve. That's insane.

Lyve Finance

Exciting opportunities abound in the #Crypto sphere as I unveil @LedgityYield - A stablecoin yield protocol fusing #RWAs with DeFi

Why get onboard this early? It's venturing into the colossal, trillion-dollar future market of #RWA catalysts!

Dive in with me 🧵👇

1⃣ What is it?

🔹 @LedgityYield marries the stability of TradFi & the innovative opportunities of DeFi

🔹 It operates as a yield-earning platform for stablecoin holders, specifically those who own USDC

🔹 The protocol is backed by RWAs, which can range from properties to company shares, commodities & other tangible financial assets

🔹 This approach has the potential advantage of generating a stable, high-performance yield for its users

🔹 So @LedgityYield presents a hybrid financial solution with a potentially less risky, more stable mechanism for earning yields in the DeFi space

🔹 Live on @LineaBuild & @arbitrum, expand to others #L2s in near future

2⃣ Why Ledgity?

🔹 No Liquidation Promise

🔹 Long-Term Stability

🔹 Impressive, Low-Volatility Returns

🔹 Substantial Reward Pool

🔹 Rich Partnership Ecosystem

🔹 Diversified Investment Opportunities

🔹 Secure Investment Custody

🔹 Advanced Tokenomics

3⃣ The objective?

🔹 To attract as many stablecoin holders as possible & position itself as a premier stable yield solution in the whole market

🔹 Sneak Peek: In just a few days, you'll be presented with the opportunity to participate in their Lockdrops on @arbitrum

▪️ Main benefits:

• Get FREE $LDY tokens
• Get juicy APR on your stablecoins staking

4⃣ @LedgityYield's RWA Portfolio

🔹 The exclusively designed RWA portfolio of Ledgity consists purely of bonds strategically divided into 3 categories:

▪️ T-Bills: 35%

▪️ Short-term IG & HY bonds: 30%

▪️ US Factoring: 35%

→ Details👇

https://medium.com/@LedgityYield/what-are-rwa-real-world-assets-and-how-does-ledgity-yield-generate-stable-yield-from-them-314d87153afb

5⃣ $LDY token

🔹 Mechanism

▪️ The $LDY token supports activities within the @LedgityYield ecosystem

▪️ By staking $LDY, holders receive a share of the protocol's growth as rewards

▪️ Ledgity has also implemented stabilization measures for $LDY, like accumulating USDC from protocol revenues for token buybacks during bearish periods

▪️ However, the value of $LDY & the rewards from staking ultimately depend on Ledgity's overall growth & success

🔹 Utilities

▪️ Share of protocol growth

▪️ Unlocked L-Boosts & Leverage

▪️ 0% Withdrawal fees

▪️ Queue priority

▪️ DAO voting power

▪️ Access to holders-gated events

▪️ Early access to opportunities

🔹 L-Token

▪️ Deposit your stablecoins, receive L-Tokens

▪️ Like magic tickets, they turn static coins into dynamic assets that yield

▪️ More about it: https://docs.ledgity.finance/user-guide/what-are-l-tokens

6⃣ Notable events

🔹 Game of Ledgity

▪️ A 2-month-long gamified campaign to celebrate community contributors!

▪️ Rewards?

• Top 500 participants will receive exclusive NFTs packed with perks like private chat access, exciting raffles, high-yield flash pools, and more!

https://twitter.com/LedgityYield/status/1695120759310467421

▪️ How to join?

• Join @zealy_io daily to finish quests & earn you XP
• It'll wrap up on October 25, 2023, at 6pm UTC

▪️ Links (double check on official channels)

• Zealy questboard: http://zealy.io/c/ledgityyield/questboard =
• Leaderboard position: http://zealy.io/c/ledgityyield/leaderboard

🔹 @arbitrum Lockdrop

▪️ In a bid to kickstart liquidity on #Arbitrum & incentivize early participants, @LedgityYield is launching a $USDC Lockdrop on September 15

• Rewards: Anticipate 1.5M $LDY

• Assurance: 100% of locked USDC will be fully recovered post lock period

▪️ See more here: https://docs.ledgity.finance/opportunities/arbitrum-lockdrop

7⃣ Partnerships

🔹 Collaborations with reputable partners

▪️ @arbitrum

▪️ @circle

▪️ @hedera

▪️ @FoundersDAO_

▪️ @OfficialGeniusx

▪️ etc

8⃣ Future Milestone

🔹 The protocol roadmap has some major milestones that communicate a clear direction for growth

🔹 Discover the specifics in official documentation: https://docs.ledgity.finance/introduction/vision-and-roadmap

9⃣ Conclusion

Cementing its roots in the ever-evolving #DeFi landscape, @LedgityYield unique focus on uniting RWAs & DeFi yield that sets them apart

The road may be bumpy, but if pulled off, this can alter #DeFi's trajectory forever

Eyes on #Ledgity 👀

Tagging some chads:

@MoonKing___
@Mikee_93
@ScottGShore
@0xBispo
@Karamata22
@Kaffchad
@CryptoLuga
@Crypt0_Andrew

Ledgity

Real-world assets is a way to bring #Defi into the level of traditional finance.

This could be the catalyst for mainstream crypto adoption.

Introduce @soil_farm, a fully regulated DeFi protocol that stands out as the best candidate in the #RWA sector.

A thread $SOIL🧵

1️⃣ What is Soil?

▪️ Soil is a blockchain-based lending protocol that bridges the gap between traditional finance and the crypto world, reshaping corporate debt and fixed-income investments.

▪️ Operating as a debt marketplace, Soil empowers established companies to access financing while providing the opportunity for crypto investors to lend their stablecoins.

▪️ In doing so, they can secure high yields generated from Real World Assets that exist off-chain, unlocking significant earning potential for crypto investors seeking stablecoin-based returns.

2️⃣ Regulation and Compliance

▪️ Regulation and compliance are crucial in the RWAs sector and traditional finance.

▪️ With this in mind, Soil has successfully validated its business model with financial regulators in the European Union.

▪️ The protocol is complete and has been audited by #Hacken with the security score 10/10

https://twitter.com/soil_farm/status/1689305663045042176

▪️ Furthermore, Soil's token is classified as a utility token and is compliant with the #MICA regulation, demonstrating its legitimacy and alignment.

3️⃣ Soil's Key Features

[1] High-Yield Crypto Loans

▪️ As a lending protocol, Soil enables users to lend stablecoins for a chosen period and start earning a fixed, high yield immediately.

▪️ To attract lenders, Soil will implement variable incentives in the form of its native token.

▪️ This will provide users with further investment opportunities, such as staking and the potential for the token's value appreciation.

[2] Guarantee Fund

▪️ To mitigate the default risk and secure loan repayments, Soil establishes a Guarantee Fund that will protect lenders by loan repayments up to a defined amount and help prevent early mass repayment requests.