ToE's Weekly Highlights #9

Digging up the grinds for the week.

Feb 04, 2023

This have been a big week! Big numbers dropped and market displayed continued resilience.

Jobs numbers were far more than estimates, displaying positive sentiments
NFT market going through transformation, betting and casino is trending, $MATIC as a hidden gem lagging behind the pump
20+ early protocols and juicy yield farming opportunities
Crypto tools are being shared by the gigabrains
Are Defi protocols plotting something in a (3,3) coordination way?

ToE's Weekly Highlights #9 - Jobs numbers > estimates, positive sentiments - $MATIC lagging behind the pump - 20+ early protocols and yield farming strat - Crypto tools used by the gigabrains - Defi protocols plotting something in a (3,3) way

threadingontheedge.substack.comToE’s Weekly Highlights #9Digging up the grinds for the week.

Before we dive into the weekly highlights, you might have noticed that the Twitter algo has changed. Here is what you can do to keep up with your engagement by @gregyounger

Greg Younger | The Write3 Guy @gregyounger

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Hope you enjoy the content, and feel free to connect with me on Twitter here.

Segmenting the megathread of content into 5 parts:

Macro news
Trending narratives
Defi happenings
Educational resources and tools
Spicy crypto drama

1. Macro News

This week contained lots of impactful news that generated alot of market exuberance and we are seeing it as I am writing this.

Let’s walk through what my macro man @_FabianHD has for us throughout the week.

In the beginning of the week, @_FabianHD shares that he does not believe there is a soft landing and recession might be in for the coming months.

Fabian D. @_FabianHD

Here is my current crypto market thesis. A soft landing is still not my base case, I think we are most likely due for a hard recession in the coming months, but I also think that the lows are in for crypto. Those two things are NOT mutually exclusive like many seem to think 👇

Markets typically de-risk ahead of uncertainty and are prone to exhibiting relief once the bandaid gets ripped off

Fabian D. @_FabianHD

As I've pointed out before, buying into weakness going into FOMC has usually been +EV Markets typically de-risk ahead of uncertainty and are prone to exhibiting relief once the bandaid gets ripped off (of course any single instance will vary) Stats courtesy of @JackFarley96

Jack Farley @JackFarley96

@_FabianHD yes Wednesday (day of FOMC): $SPY +0.95% $QQQ +0.96% $BITO +1.90% $TLT +0.41% Thursday (day after): $SPY -1.14% $QQQ -1.81% $BITO -1.54% $TLT -0.32% Friday (2 days after): $SPY +0.25% $QQQ +0.76% $BITO +0.70% $TLT -0.31%

@_FabianHD reviews the current market sentiment and shares his lastet view on macro.

Great share by @_FabianHD

Fabian D. @_FabianHD

Markets trying to digest and make full sense of the report in real-time, blindsided everyone. The labor market is STRONG which, on the one hand, means an actual recession is likely not that imminent, but on the other means neither is an inflection in the Feds monetary stance.

@whospay_intern on BlackRock's 2023 Prediction

Whospay Intern @whospay_intern

BlackRock's 2023 Prediction Decade-long bull is dead Fed will fail & inflation gone wild "Housing market will crash, I get cheaper rent - intern" I went thru 16 pages of alpha & almost 6,257 words so you don't have to Here're 3 insights from BlackRock's $8.5 trillion playbook

Let’s also look at the takes from other analyst

@CoinNotes_io shares the theory of “Echo Bubble” in 2019 and how we can play this out in 2021.

CoinNotes @CoinNotes_io

History does not repeat, but it often rhymes. Could looking at Bitcoin's previous echo bubble provide a guide to navigating the current market? I've looked at how the 2019 echo bubble played out and what we might learn from it. 🧵 1/x

@0xCrypto_doctor on BTC outlook being affected by rates hike

CryptoDoctor🦇🔊 @0xCrypto_doctor

Layer2, modular blockchains, options... lots of narratives in DeFi this year. But we know that the king of critos, $BTC, always lead the way. Let's analyze Bitcoin's outlook 👇

@JasonYanowitz thinks that we are in stage 3 of market structure

Yano 🟪 @JasonYanowitz

1/ Buckle up, we’ve entered the toughest phase of the bear market. Welcome to Stage 3 🧵

@DataaRocks Strategy: Long into Thursday, then flip short

Rock 🪨 @DataaRocks

Last year Jpow said this coming Thursday FOMC likely a 0.25% hike, declared no more 0.5% hikes Since: - There's no chance for 0% hike - 0.25% already priced in - and if still 0.5% = omega bear Strategy: Long into Thursday, then flip short Thoughts?

@QCPCapital shares Quick Market Update before FOMC update

QCP Capital @QCPCapital

1/ QCP Quick Market Update - #FOMC Preview It's FOMC Day! Today marks the first Fed decision of 2023, and more importantly, the first since the market began obsessing over the “Fed Pivot”.

Weekly roundup by @TheRRoundup

The R Roundup.eth @TheRRoundup

1/ The R Roundup: #NFTs Coming To An Amazon Near You - Issue #73 In This Weeks #Crypto News Headlines We Covered📰; • Goldman Sachs Makes Bold #Bitcoin Bet🎰 • #Visa CEO Aligns Company With #CBDCs & #Stablecoins🪙 • EU Bank 1:1 #Crypto To Fiat Rule🇪🇺 🧵👇

@tier10k on Powell’s restrictive stance and comments shared that pivot could come in Sept 2023.

db @tier10k

[DB] Fed's Powell: We're Talking About a Couple More Rate Hikes to Get to Appropriately Restrictive Stance: RTRS

@charliebilello on current market expectation htat Mar 22, 2023: 25 bps hike to 4.75%-5.00%. Rate cuts start in Nov 2023.

Charlie Bilello @charliebilello

Current market expectations for path of the Fed Funds Rate... -Mar 22, 2023: 25 bps hike to 4.75%-5.00%. -Pause. -Rate cuts start in Nov 2023 and continue throughout 2024 with the Fed Funds Rate moving back below 3%.

@BobEUnlimited expects the pause to be most likely coming.

Bob Elliott @BobEUnlimited

The two takeaways from the Fed: - The Fed is data dependent and scaled back hawkish rhetoric in line with improving inflation & slowing growth - JP still has hope for a soft landing and will try to achieve it As expected, the pause is most likely coming. Thread.

@AlemzadehC on markets in DENIAL

“Coosh” Alemzadeh @AlemzadehC

D.XY breaks parabola E.S breaks yearlong downtrend N.ews shakes out retail I.nterest rates calling fed bluff A.ll experts calling crash in Oct L.OL have u seen the ALT charts!

2. Trending Narratives

@CryptoShiro_ starts the month with alpha!

Shiro @CryptoShiro_

Let's start the month with good Alpha 🧵 You will find: ▪️ Technical Analyses ▪️ Shanghai Predictions ▪️ News & Catalysts for DeFi ▪️ Metis Narrative ▪️ NFT Marketplaces Narrative ▪️ On-chain Analysis ▪️ Presales Alpha ▪️ Projects Launching on Arbitrum & much more! 👇

@TheDeFinvestor on the Appchain Thesis getting traction

The DeFi Investor @TheDeFinvestor

The Appchain Thesis is getting traction🪐 Here are 6 unreleased DeFi protocols that are building their own appchain & rollup: (high-potential projects to keep an eye on)

@TheDeFinvestor on the latest developments in DeFi

The DeFi Investor @TheDeFinvestor

Latest developments in DeFi👇

@apes_prologue Weekly alpha

An Ape's Prologue @apes_prologue

Weekly alpha

@CaesarJulius0 on Avalanche Monthly Recap - January

caesar.avax🔺 @CaesarJulius0

Avalanche Monthly Recap - January Huge month for #Avalanche

@hansolar21 believes that the next narrative is options

HanSolar.eth @hansolar21

Looking for the next GMX? It's not another perp dex. The next narrative is options. You can be early, or you can fomo late. Investment thesis below👇

@remusofmars on NFT market looking like the American stock market 100 years ago and the NFT looks like it is going through a transformation

remus @remusofmars

1/49 Been thinking a lot a/b how the NFT market today looks like the American stock market did 100-110 years ago just before it boomed into the world's most important market. The NFT market is undergoing a rapid increase in structure/sophistication Read on to find out how 📚👇

At the same time, @TheDaoMaker is having their own NFTs

DAO Maker @TheDaoMaker

⚡️DAO Maker's First NFT — Access Asset For NFT SHOs The $DAO token has been listed for almost 2 years, with its 2nd anniversary on February 9th. In celebration of this, we're offering the first DAO Maker NFT. 👉nft.daomaker.com 1/🧵👇

@crypthoem share 15 threads to find untold amounts of crypto alpha

hoeem @crypthoem

Steal this list of 15 threads to find untold amounts of crypto alpha: 🧵

@DataaRocks is bullish on $ETH but why?

Rock 🪨 @DataaRocks

The Ethereum ecosystem has been buzzing about the Shanghai update, Lido, and liquid staking. The factors below contributed to my bullish outlook on $ETH. 1/

@SteveGoulden8 finds that $MATIC is lagging behind its L2 counterparts but boasts lots of potential with a strong BD team

Steve Goulden @SteveGoulden8

MATIC - sleeping giant... ⬇️🧵

@0xvanillacream sharing that #Web3 casino & betting platforms are the next crypto narratives.

Vanilla Cream ⛩ 🫘 @0xvanillacream

1/ Introduction #Web3 casino & betting platforms are the next crypto narrative, so let me introduce you to three high roller protocols that are fully on-chain and decentralised. Lady luck is smiling 🧚🏻‍♀️ !

3. Defi Happenings

@toffee248 shares new protocols that he finds intersting

toffee24.eth @toffee248

Hey all, Missed me?🐸 Sorry for the delay this week I was quite busy building 👀 Find some interesting projects from last 2 weeks below:

@WinterSoldierxz disagree with some points in @DeFi_Cheetah analysis of @CurveFinance V2 vs @Uniswap V3.

Winter Soldier 👾💎🌿 @WinterSoldierxz

1/ @DeFi_Cheetah is one of my most respected DeFi analysts. But in the spirit of fruitful discussion, I respectfully disagree with some points in his analysis of @CurveFinance V2 vs @Uniswap V3. A rebuttal🧵

@ajnafi is a lending protocol with no governance, permissions or external price feeds (oracles). You can use it to borrow and lend against your entire portfolio, including NFTs.

Ajna.finance @ajnafi

Today we are proud to make the Ajna whitepaper public: uploads-ssl.webflow.com/62b410f7257527… What is Ajna? Ajna is a lending protocol with no governance, permissions or external price feeds (oracles). You can use it to borrow and lend against your entire portfolio, including NFTs. 1/9

@DoveProtocol unifies unified liquidity, accessible anywhere.

Dove Protocol @DoveProtocol

Introducing Dove Protocol.

medium.comIntroducing DoveDove is a cross-chain AMM.

@VALh0lla did a @FactorDAO AMA with @CrossChainAlex @SirBootsOfIron @CamelotDEX!

Val @VALh0lla

We do a little note taking Great call, thanks for the info @FactorDAO @CrossChainAlex @SirBootsOfIron @CamelotDEX! Looking forward to watching these projects grow

ALΞX 🏭 (💙,🧡) @CrossChainAlex

Going live on @FactorDAO with @CamelotDEX Good chance for those unfamiliar with the project to learn about 2 of the best up and coming projects on #Arbitrum 😉 https://t.co/KIQSE7ecgX

@0xthade bullish on DigitsDAO selling $GRAIL

thade.eth 🍌(💙,🧡) @0xthade

Bullish on DigitsDAO selling $GRAIL. That means their beta wallet watchers probably selling too. 😈 $VELA was a huge success on Camelot. $FCTR, $LEX, $WINR are all coming in the next 1-2 months. I wonder which other protocols will want to align with THE @arbitrum DEX?

@InfPools is a decentralized exchange that offers unlimited leverage on any asset, with no liquidations, no counterparty risk & no oracles.

InfinityPools @InfPools

infinitypools.financeInfinity PoolsA decentralized exchange with unlimited leverage on any asset, with no liquidations, no counterparty risk & no oracles.

@CryptoTrendzN on @redactedcartel that started as an @OlympusDAO fork and now after the redesign, they have developed the most interesting Defi applications.

CryptoTrendz @CryptoTrendzN

The only Cartel crypto needs. Started as an @OlympusDAO fork and now after the redesign, they have developed the most interesting Defi applications. A 🧵 on @redactedcartel.

@JiraiyaReal shares that $Y2K (@y2kfinance) is underrated

@derpaderpederp on $DXP / $VELA docs not allowing people to take profits immediately

Midgetwhale @derpaderpederp

Do people who invest in $DXP / $VELA even read the docs?

Vest Exchange: A DEX backed by Jane Street, QCP Capital, and Big Brain Holdings.

@Nicknick2109 talks about @LexerMarkets - An upcoming decentralised perpetual trading platform on @arbitrum

Nick (💙,🧡) @Nicknick2109

3rd thread 🧵 of 2023 : Lets talk about @LexerMarkets - An upcoming decentralised perpetual trading platform on @arbitrum Lets go abit deeper 👇👇

@0xboka breaks down the workings of the @CurveFinance protocol

boka.eth 🦇🔊 @0xboka

This week, I am analyzing and synthesizing the workings of the @CurveFinance protocol It is not an easy task to represent a protocol like Curve where, in the end, everything is in the details. We may see the limits of this approach

@tokenterminal breaks down the cost to run a DAO: @MakerDAO, @LidoFinance, and @SushiSwap.

Token Terminal @tokenterminal

1/ How much does it really cost to run a DAO? In this article, we provide a breakdown of the operational costs of @MakerDAO, @LidoFinance, and @SushiSwap.

@CryptosWith on the best #StableCoin Yields Greater than 20% — the @optimismFND Edition (February 2023)

Messin_with_Cryptos (💙,🧡) @CryptosWith

The Best #StableCoin Yields Greater than 20% — the @optimismFND Edition (February 2023)

link.medium.comBest Stablecoin Yields Greater than 20% — Optimistic Edition (February 2023)Hi folks, so I’ll be publishing a follow-up monthly article probably later this week about some of the best stablecoin yields across all…

Byte Masons introducing Ethos Reserve

@smol_thots on $UMAMI @UmamiFinance destroyed after pausing treasury payout to stakers

smolthots.eth @smol_thots

4/ $UMAMI @UmamiFinance 🍔 destroyed after pausing treasury payout to stakers not an expert on their suite of products by any means, but i did hold z2ohm back in the day and it's amazing to see how far they've come only 1M supply, lower mc, sned potential eventually= very high

@Slappjakke excitement for 10 unlaunched projects

slappjakke.eth 🦇🔊 @Slappjakke

Projects launching in the bear market is the best chance you got to hit a 100x Here's a list of the top 10 unlaunched projects I'm excited about 🧵👇

@RyskyGeronimo shares about @PremiaFinance V3 moves from a Decentralized Options Vault (DOV) to a platform for building and executing custom options strategies.