After countless hours of research about DeFi protocols &amp; why most of them failed.

I felt like I'd share with you all.

Here are the 3 critical flaws that brought DeFi protocols down in this cycle 🧵↓↓

Poor risk management, insufficient revenue and the overuse of leverage are the core reasons why DeFi is crumbling.

The dust has yet to settle, but a steady flow of details is allowing investors to piece together a picture that highlights the systemic risks of decentralized finance and poor risk management.

One of the most frequently cited reasons for DeFi protocols struggling is their inability to generate sustainable income that adds meaningful value to the platform's ecosystem.

https://twitter.com/josephdelong/status/1528887293490208768?s=20&t=62VcxR1LQcEF3aGGUe1psQ

A second flaw highlighted by multiple experts is the poorly designed tokenomic structure of many DeFi protocols that often have an extremely high inflation rate which was used to lure liquidity.

High rewards are nice, but if the value of the token being paid out as a reward isn’t really there, then users are basically taking a lot of risk by relinquishing control of their funds for little to no reward.

This largely ties in with DeFi's revenue generation issue, and the inability to build sustainable treasuries. High inflation increases token supply, and if token value is not maintained, liquidity leaves the ecosystem.

Overleveraged users
The overuse of leverage is another endemic DeFi problem and this flaw became crystal clear as Celsius, 3AC and other platforms invested in DeFi began to unravel last month.  @magikinvestxyz has an amazing thread on this 🔽🔽
https://twitter.com/magikinvestxyz/status/1541849777234620416?s=20&t=XE2vjU5f8Vf-7h6XEw-2EA

@magikinvestxyz In this sense, the onus really falls on the users for being over-leveraged without a solid game plan on what to do in the eventuality of a market downturn.

@magikinvestxyz While it can be a challenge to think about these things during the height of a bull market, it should always be something in the back of a trader's mind because the cryptocurrency ecosystem is well known for its whipsaw volatility.

@magikinvestxyz In conclusion the best way to stay ahead of the game with quality information from trusted sources  in  DeFi . Learn from people like  @alpha_pls @thedefiedge @magikinvestxyz @Route2FI

@magikinvestxyz @alpha_pls @thedefiedge @Route2FI That's a wrap! 

If you enjoyed this thread:

1. Follow me @cyrilXBT for more of these
2. RT the tweet below to share this thread with your audience https://twitter.com/1373665408193036293/status/1543324160771981312

 3 critical flaws that brought DeFi protocols down 

Just my thoughts 💭 - Update

$ETH / USDT

We've just encountered strong resistance. Hopefully, we can break through to the upside.

The reality is we might not, unless there's an increase in volume.

If you want to make money in crypto 

You simply need to STUDY which coins bounce back the hardest on every crush 

I have done the HARDWORK for you 

A list of strong coins smart money buys on every dip ⬇️

Before we start, could I ask a small favor?

I've worked hard to bring you valuable content.

If you find it helpful, please like, repost, comment, and bookmark for future reference.

Let's dive in!

This week, the crypto market fell by 16%, hitting a six-month low, led by $BTC and $ETH.

Over $1B in crypto was liquidated in 24 hours due to overly bullish traders.

This led to rapid price drops and negative funding rates.

As the crypto market shows signs of recovery, certain altcoins are standing out with impressive gains.

Here's a closer look at some of the top-performing coins in three key categories: AI, Memes, and Real-World Assets (RWA).

➡️ AI

- @AIOZNetwork | $AIOZ

Price: $0.51
Market Cap: $571M

$AIOZ is a decentralized Web3 platform offering AI, storage, and streaming services via a global node network.

It supports dApps on #Ethereum and #Cosmos and partners with @Qualcomm and @nvidia for innovation.

- @PaalMind | $PAAL

Price: $0.23
Market Cap: $195M

Paal AI blends AI with crypto, offering automated trading, personalized bots, and data feeds.

$PAAL Token powers tools like Paal for smart trading and Paal AI Sniper for advanced strategies

- @rendernetwork | $RENDER

Price: $4.88
Market Cap: $1.9B

The Render Network offers artists and developers decentralized GPU resources for 3D creation, making advanced rendering in gaming, VR, and medical imaging more accessible.

➡️ Memes


- @Darkfarms1 | $BOME

Price: $0.0075
Market Cap: $519M

After a slow summer, $BOME is gaining momentum again.

It could soon compete for a $1B market cap among Solana memes.


- @pepecoineth | $PEPE

Price: $0.0000087
Market Cap: $3.6B

$PEPE is the top memecoin, surpassing Dogecoin and Shiba Inu.

Launched quietly with no presale or taxes and a burned liquidity pool, it’s a coin for the people.

Driven by the Pepe meme, $PEPE aims to revive memecoins.

- @dogwifcoin | $WIF

Price: $1.87
Market Cap: $1.8B

$WIF symbolizes a dog with a hat, representing progress and future transactions.

Unlike Solana or Ethereum, $WIF blends meme culture with financial innovation, making it a playful yet meaningful crypto symbol.


➡️ Real-World Assets (RWA)


- @ClearpoolFin | $CPOOL

Price: $0.099
Market Cap: $60.59M

Clearpool is a decentralized credit market for crypto lending and borrowing.

It offers varied interest rates, $CPOOL staking for rewards, and institutional-grade, transparent transactions.

- @OndoFinance | $ONDO

Price: $0.77
Market Cap: $1B

Ondo offers blockchain-based financial products:

- USDY: 5.35% annual return
- OUSG: 4.96% return, backed by us treasuries

Partners with top financial firms, ensuring security, quality, and transparency.


- @pendle_fi | $PENDLE

Price: $2.68
Market Cap: $422.7M

Pendle offers fixed yields (e.g., 11.99% on weETH) with no lock-up, letting you access funds anytime.

Control and manage your returns on #Ethereum, #Arbitrum, #BNB Chain, and #Optimism 

If you enjoy content like this, do well to join our FREE TG channel: https://t.me/+CuGQgufhkk0xYjU8

Making Money in Crypto: Buying Strong Coins on Dips

Missed out on $OP or $ARB?

Then you might want to consider this airdrop. @ThemisProtocol received $2M funding with an upcoming airdrop

Here's how to get involved  🧵  👇

2/ The Themis airdrop is designed to provide maximum benefits to community members holding the token $TMS.


All parties are eligible to receive airdrop rewards.


Themis has carried out three airdrop operations.
- The v1 TestNet (Phase #0)
- Phase #1
Here comes Themis Phase #2



3/ Link your wallet, authenticate your referral code, and grab your share of the rewards!

The total cash payment amount is set at $100,000 USDC.


You'll be able to earn rewards for this round via;

1) Loot boxes
2) Bonuses
3) Mining
4) Treasure Chest



4/ Mint with USDC and get Tickets #2 points for your share of the rewards.

Loot Boxes Galore:
✔ Common → $30 USDC → 15 tickets #2
✔ Rare → $200 USDC → 400 tickets #2
✔ Mythic → $1000 USDC → 4000 tickets #2


The bigger the box, the higher the rewards!




5/ Why Tickets #2?

Because they provide the right to participate in:
1) Daily emission pools
2) TMS airdrop
3) Access to the treasure chest



6/ Join the Ultimate Treasure Chest if you have more than 500 tickets.

You'll still have a chance to grab your share of this massive prize
pool!





7/Unlocking veTMS:


What is veTMS?

Similar to Curve's veToken, veTMS is a Voting Escrow token allowing token holders to lock their tokens, participate in governance, and earn rewards.




8/ Voting power increases with longer lockup periods!

Loot boxes grant equivalent value in veTMS, which can be redeemed in full after the expiration of $veTMS.
The maximum lock period is 24 months!






9/ Boost the Prize Pool:
50% of the sales revenue increases the prize pool.
20% goes to the ultimate treasure chest,

2.5% is for referral commission,
And the time remaining is reduced by 10 seconds.




10/ The Reward Algorithm:

The more you participate, the more rewards you get.
Phase #2 participants receive USDC, veTMS Lockdrop rewards, and TMS distribution based on their share.

NB: It can be claimed anytime.




11/ Refer a user and receive 5% of the Tickets #2 obtained from their box minting.

Limited Time Offer: Phase #2 ends on May 11th, 2023, at UTC 12:00.


Don't miss out!


DYOR!!! To find out more,
Visit https://themis-exchange.gitbook.io/themis-airdrop/phase-2

 Full transparency: This is a sponsored thread by Asymetrix.

Always DYOR before investing in crypto.

Join Themis Airdrop to Receive Rewards

Abitrum ecosystem has seen steadily grow over the last few months. 

It's no surprise it may be one of the leading ecosystems in 2023

Here's a list of unheard #altcoins building on arbitrum you should be early to 🧵↓ 

What I'll be covering:

• What is Arbitrum
• how it works
• Arbitrum protocols to keep an eye on

If you have been in crypto for some time now you probably know that layer 2's have become the talk of the town. 

It's clear #arbitrum is in the lead and the data speaks for itself. 

After launching its mainnet last year, #arbitrum has seen success as an $ETH layer-2 solution.

It has focused on providing investors with a cheap, fast and scalable network, elements that Ethereum is still struggling with despite its Merge upgrade in September 2022.

#Arbitrum is a layer-2 functionality, developed by the New York-based company Offchain Labs.

It seeks to solve the congestion that the #ETH has been experiencing by improving how smart contracts are validated.

Now let's do a deep dive into its ecosystem and potential #altcoins you should keep an eye on 👇

$Vela - @vela_exchange

$Vela is a decentralized exchange with advanced perpetuals trading capabilities, community-focused incentives, and scalable infrastructure.

Recently got reach 1 billion in trading volume. So much progress since the project launched on #arbitrum https://twitter.com/1373665408193036293/status/1622678705490300932

@vela_exchange $ROSN - @RoseonExchange

Roseon is the entire ecosystem covering our developments in simplifying our users' crypto journey. We are a one-stop solution for all our customers’ crypto needs. 

WonderApp, previously rebraned to Roseon App, is accessible via mobile (Android or iOS) https://twitter.com/1248179109605203968/status/1625434682312753152

@vela_exchange @RoseonExchange $MAGIC - @Treasure_DAO

Treasure is the decentralized gaming ecosystem connecting games and players through $MAGIC. https://twitter.com/1433302892128133123/status/1616558704299761664

@FinanceLiquid There is the likelihood that Liquid Finance’s Frax-style ETH-pegged token lqEth could move to an unmountable distance, playing the Real Yield narrative that is pioneered by the rest of the #arbitrum ecosystem.

@FinanceLiquid Having a novel product, their market cap at $1.5m seems quite low. so It's something to look into while its still very early https://twitter.com/1549309651883270144/status/1627054089933824001

@FinanceLiquid @CapDotFinance has been saved from the brink after their lead development left. It has a perpetual protocol competes with Mycelium and GMX, ranking it among the top protocols. https://twitter.com/1269288420553170944/status/1628824345102503937

@FinanceLiquid @CapDotFinance @CamelotDEX is an innovative and highly flexible DEX built to support the Arbitrum ecosystem. Community-driven and capital efficient. https://twitter.com/1452984524669870094/status/1609239981033410562

Interested in keeping up with Hot crypto narratives? I created a FREE TG to help you. 

Frens share alpha🐸    -&gt; https://t.me/+CuGQgufhkk0xYjU8

Thank you for reading this far. I hope you've found this thread helpful.

Follow me @cyrilXBT for more 🧵

Also drop a like/RT if you want more threads like this 🫂 🤍 https://twitter.com/1373665408193036293/status/1629552877084504066

Arbitrum

I believe there will be a "mini" bull run with all the bullish news coming from china.

Over the weekend I spent time researching what #altcoins Chinese whales are buying

Here's a list of bullish Chinese #altcoins I'll be keeping an eye on 

(Drop a like/RT for others ) 

$CSIX - @trycarbonio

$CSIX is a fast, private, and secure web browser for Android smartphones that will ultimately be available for iOS, Mac OS, and PC.

Unlike the web 2 browsers carbon Labs invented $CSIX, a free and open-source web browser. https://twitter.com/cyrilXBT/status/1597238843018821634

china altcoins

If you are just starting out in crypto with no money, your best bet is looking out for the right #airdrop

I'll do the hard work for you and compile a list of airdrops you can make  💰 from in 2023 

Don't miss out on 🧵👇 

@vela_exchange 

Vela is a perp DEX launching on the #arbitrum.

Their private beta is currently available for users to trade on their platform.

Engaging with their platform could potentially earn you some free tokens called $VELA 

A full guide by the legend right here 👇 https://twitter.com/crypthoem/status/1619364902766002177

@vela_exchange @LayerZero_Labs
 
is building LayerZero, an omnichain interoperability protocol.    

The protocol has raised over 130 million with huge speculation of their token.

 A step-by-step guide to help you get layer zero's airdrop that might take place later this year👇 https://twitter.com/1373665408193036293/status/1595042442213982208

@vela_exchange @LayerZero_Labs $ZKS is another https://twitter.com/its_airdrop/status/1621483869269803009

@vela_exchange @LayerZero_Labs @Shardeum
 
is an EVM-based, linearly scalable smart contract platform that provides low gas fees forever while maintaining true decentralization 

Its token launch is happening in Q1 with 5% of the tokens resevered for the community. Don't to interact with its testnet👇 https://twitter.com/shardeum/status/1619002743233839105

@vela_exchange @LayerZero_Labs @shardeum @arbitrum

#Arbitrum offers a suite of Ethereum scaling solutions that are secure, fast, cheap &amp; EVM compatible.

A step-by-step guide https://twitter.com/RiddlerDeFi/status/1575515782142099456

@vela_exchange @LayerZero_Labs @shardeum @arbitrum @SuiNetwork 

Sui is a smart contract platform maintained by a permissionless set of validators that play a role similar to validators or miners in other blockchain systems.

A lot of speculation around this one however it's worth keeping your eyes on. 

#sui airdrop strategy👇 https://twitter.com/its_airdrop/status/1618604919153635328

@vela_exchange @LayerZero_Labs @shardeum @arbitrum @SuiNetwork @ZigZagExchange

ZigZag is a decentralized P2P order book exchange that uses ZK-Rollups for optimal security and scalability.

A step by step guide right here  👇 https://twitter.com/1429883723307110434/status/1538914642277281793

@vela_exchange @LayerZero_Labs @shardeum @arbitrum @SuiNetwork @ZigZagExchange Thank you for reading this far. I hope you've found this thread helpful.

Follow me @cyrilXBT for more 🧵

Drop a Like/RT for support 🫂 🤍 https://twitter.com/cyrilXBT/status/1628098531213836292

airdrop

What if I told you using the right tools can help you find your next 100x without a hustle?

The best part...

Most of these tools are completely FREE 

( Drop a like/RT 🤍 ) 

1/ If you're interested in finding the next big thing in crypto, you'll want to start by using tools that can help you identify promising projects early.

First on my list is @CoinMarketCal this tool will help you with upcoming. news, updates, and token listings. 

This will help you with both short-term and long-term decisions. 

2/ 

We all know by now catching narratives is literally everything in crypto 
@CoinGecko, which provides a comprehensive overview of the market.

allows you to filter projects by a wide range of metrics, including price, and market capitalization, and see what's trending 

3/

For those looking to invest in the long-term potential of a project, @MessariCrypto is an excellent resource. 

It offers detailed research reports on a variety of projects, including in-depth analysis.  

However, this isn't an entirely free tool. 

4/ If you're interested in finding out more about the people behind a particular project, @TokenTerminal is a great resource.

Tokenterminal offers detailed financial metrics and information on the team behind a project, allowing you to make more informed investment decisions. 

For those who prefer to invest based on technical analysis, @TradingView
 is an essential tool. 

Trading view is a powerful charting tool that allows you to track a wide range of #altcoins in real time, helping you identify promising trends and opportunities. 

6/ 

Finally, if you're interested in staying up-to-date with the latest news and trends in the crypto industry,  @Cointelegraph has got you covered. 

7/ @bubblemaps

Another amazingly powerful tool is BubbleMaps.

It visualizes any connected wallets as clusters, allowing you to see how widely dispersed the coin is.

It can easily help you identify high-risk projects. For example the $UNI case👇 

8/ @DefiLlama
 
DefiLlama is the largest TVL aggregator for DeFi. 

Our data is fully open-source and maintained by a team of passionate individuals and contributors from hundreds of protocols.

Defillama provides valuable information you need from #airdrops to token usage etc 

9/ @DuneAnalytics

allows you to access thousands of dashboards and other pieces of data to view any blockchain analytics you like.

It is among the top techniques for the assimilation of blockchain data.

10/ A Bonus list of promising projects to build your research thesis on using the above tools:

$OP $ABRI  $MATIC $FTM   

$FET $AGIX  $TAO  $QNT $MNW $DYDX

$VELA $WOO $GNS $GMX $ROUTE $CHNG

$ERG $KAS  $AZERO $TRIAS

11/ 

Recently created a FREE telegram group to post exclusive charts and relevant info I find here 

 I usually post what's happening in this space on a daily basis https://t.me/+CuGQgufhkk0xYjU8

Tagging CT legends:

@CryptoGirlNova
@crypthoem
@ViktorDefi
@defiinvestor
@wauwda
@NDIDI_GRAM
@IamZeroIka
@MercyDeGreat
@Only1temmy
@2xnmore
@thelearningpill

@CryptoGirlNova @crypthoem @ViktorDefi @defiinvestor @wauwda @NDIDI_GRAM @IamZeroIka @MercyDeGreat @Only1temmy @2xnmore @thelearningpill Thank you for reading this far. I hope you've found this thread helpful.

Follow me @cyrilXBT for more 🧵

Drop a Like/RT for support 🫂 🤍 https://twitter.com/cyrilXBT/status/1627695376550486017

100x tools 

Twitter is full of alpha.

Growing from $0 to $100k can be achieved through information on Twitter alone, but gaining a competitive advantage is crucial. 

Here's how to get a lot of alpha on this platform 🧵 

1/

To find alpha on @Twitter  you need the right strategy + follow the right accounts that will keep you up to speed = Results.

Learn how to find trends, and narratives before everyone else figures them out. 

Here's a Full guide to help you 👇 https://twitter.com/cyrilXBT/status/1570080174976237569

@Twitter 2/

Using useful and the right tools like @tokenterminal you will be surprised how much alpha these platforms will help you find. 

Using this the right way will elevate your research game this is why I created a step by step guide for you 👇 https://twitter.com/cyrilXBT/status/1606325154929426434

@Twitter @tokenterminal 3/ 

Using @duneanalytics allows you to access thousands of dashboards and other pieces of data to view any blockchain analytics you like.

It is among the top techniques for the assimilation of blockchain data. https://twitter.com/cyrilXBT/status/1605974007706226688

4/ 

Make use of Twitter lists.

To begin, a simple tip, yet most people are too lazy to do it.

You should organize these lists by category so that you can swiftly scan different sectors, chains, and so forth.

In the next weeks, I will make my lists public.

5/ 

Make use of Tweetdeck.

This is necessary if you want to organize the cryptocurrency content you're seeing.

Tweetdeck columns can contain anyone's public lists.

Without Tweetdeck columns, you will be unable to maximize the usefulness of your lists. 

6/

Turn on post nofications for @whale_alert because they are usually the first to post huge transactions from whales. 

For example: A whale bought this 6m of  $MATIC and transferred  it to a wallet. This is simply bullish action https://twitter.com/whale_alert/status/1622589464068366338

7/

In real-time, @chadfollows tweets the handles that the most popular accounts are following.

You will come across intriguing folks to follow. You'll find out who the biggest chads in space are following.

This will eventually help you find alpha.

8/

If that's too much then I have recently created a TG group to share the alpha with you

 I usually post what's happening in this space on a daily basis
https://t.me/+CuGQgufhkk0xYjU8

9/ 

Lookonchain looks for valuable on chain data that you can use to your advantage. 

For example: They saw a whale buying $MATIC so they took a long position and turn 1k to 30k 👇 https://twitter.com/lookonchain/status/1554457248315092992

Also you would need to follow the right people on twitter. Here are smart individuals you have got to follow:

@CryptoGirlNova
@crypthoem
@ViktorDefi
@defiinvestor
@wauwda
@NDIDI_GRAM
@IamZeroIka
@MercyDeGreat
@Only1temmy
@2xnmore
@thelearningpill

@CryptoGirlNova @crypthoem @ViktorDefi @defiinvestor @wauwda @NDIDI_GRAM @IamZeroIka @MercyDeGreat @Only1temmy @2xnmore @thelearningpill Thank you for reading this far. I hope you've found this thread helpful.

Follow me @cyrilXBT for more 🧵

Drop a Like/RT for support 🫂 🤍 https://twitter.com/cyrilXBT/status/1623724226074009601

$0 to $100k 

One of the best methods to do a 100x in crypto is by claiming airdrops

So today I'll provide you with all the ALPHA you need 

Here are 10 FREE #Airdrops  you must not miss out on in 2023 

( A Thread RT for others🧵❤️ ) 

@ThetanutsFi 

is creating the best-in-class products for users to maximize risk-adjusted yield generation in all market conditions with a well-designed and intuitive user experience.

IT was launched in 2021 and potentially users who interact maybe eligible to claim their tokens https://twitter.com/ThetanutsFi/status/1610871219217395713

@ThetanutsFi @AtlendisLabs

is a capital-efficient DeFi lending protocol that enables crypto loans without collateral, where institutional borrowers can obtain competitive loan terms, and lenders get access to higher returns while having more granular control over their investment https://twitter.com/AtlendisLabs/status/1577916609150197760

@ThetanutsFi @AtlendisLabs @Shardeum 
is an EVM-based, linearly scalable smart contract platform that provides low gas fees forever while maintaining true decentralization 

Its token launch is happening in Q1 with 5% of the tokens resevered for the community. Don't to interact with its testnet👇 https://twitter.com/shardeum/status/1619002743233839105

@ThetanutsFi @AtlendisLabs @shardeum @Zetachain 

 are a  decentralized blockchain and smart contract platform built for omnichain interoperability. 

The platform allows you to contribute to its testnet to earn zeta coins by :
• Swapping 
• Inviting new members 
• Reporting issues https://twitter.com/zetablockchain/status/1605953263978745857

@ThetanutsFi @AtlendisLabs @shardeum @zetachain @velaexchange

Vela is a perp DEX launching on the Arbitrum.

Their private beta launches soon, with an open beta launching in 2 weeks.

Engaging with their testnet could potentially earn you some free tokens called $VELA 

A full guide by the legend right here 👇 https://twitter.com/crypthoem/status/1619364902766002177

@ThetanutsFi @AtlendisLabs @shardeum @zetachain @VelaExchange @arbitrum

#Arbitrum offers a suite of Ethereum scaling solutions that are secure, fast, cheap &amp; EVM compatible

A full guide by @RiddlerDeFi https://twitter.com/RiddlerDeFi/status/1575515782142099456

@ThetanutsFi @AtlendisLabs @shardeum @zetachain @VelaExchange @arbitrum @RiddlerDeFi @LayerZero_Labs 

is building LayerZero, an omnichain interoperability protocol.    

The protocol has raised over 130 million with huge speculation of their token.

I wrote a full Step by step guide to help you get layer zero's #airdrop👇 https://twitter.com/1373665408193036293/status/1595042442213982208

@ThetanutsFi @AtlendisLabs @shardeum @zetachain @VelaExchange @arbitrum @RiddlerDeFi @LayerZero_Labs Sui is a smart contract platform maintained by a permissionless set of validators that play a role similar to validators or miners in other blockchain systems.

A lot of speculation around this one however it's worth keeping your eyes on. 

#sui airdrop strategy👇 https://twitter.com/its_airdrop/status/1618604919153635328

@ThetanutsFi @AtlendisLabs @shardeum @zetachain @VelaExchange @arbitrum @RiddlerDeFi @LayerZero_Labs @zigzag 

ZigZag is a decentralized P2P order book exchange that uses ZK-Rollups for optimal security and scalability.

More info 👇 https://twitter.com/ZigZagExchange/status/1538914642277281793

Tagging some legit alpha masters: 

@CryptoGirlNova
@crypthoem
@ViktorDefi
@defiprincess_
@defiinvestor
@defi_mochi
@wauwda
@BraverCrypto
@IamZeroIka
@MercyDeGreat
@Only1temmy
@thelearningpill

Join the defi lab family here for more alpha -&gt; https://t.me/+CuGQgufhkk0xYjU8

Thank you for reading this far. I hope you've found this thread helpful.

Follow me @cyrilXBT for more 🧵

Like/RT the first tweet below it goes a long way for this page👇 https://twitter.com/cyrilXBT/status/1620829505748176899