Rattibha

Darkbow.eth (🐸,🎩)

18 Tweets 18 reads Dec 28, 2021

Where are the biggest opportunities in DeFi?
🧵Thread🧵
On $FTM, $LUNA, $ETH or on another chain?
Small L1s like $FUSE, $ARCHEthic or even $XPR you could hit that 1 in a 1000 jackpot if they manage to evolve into a multi billion $ ecosystem.
My pick is $FTM
Why? 👇🏼
1/13

Just like other chains $FTM has had massive growth (100x +) in 2021. The value of projects on $FTM have not been growing as much though.
Many promising projects are still far below a 50M or even 20M mc
$LQDR, $SPIRIT, $MENSA, $SCREAM, $TAROT
I’ll look at $SPIRIT / $LQDR
2/13

$FTM was 2021's 4th best performer, increasing a massive 14,474%.
But the MC of $LUNA & $AVAX is already 5x
$FTM is currently ranked 6th for TVL, yet only has a Mcap/TVL ratio of 1. (Best ratio of all L1s) 📈
3/13

But this post is not about $FTM, it is about gems on $FTM.
$SPIRIT
$SPIRIT’s current price is $0.165 and market cap is 49M.
It has a TVL of 220M, biggest Fantom-native dex after $BOO.
After this i’ll go in on the tokenomics.
@rektdiomedes
4/13

$SPIRIT @Spirit_Swap
You can lock $SPIRIT for up to 4 years to gain voting rights on emission structure and access to emissions (rewards paid in $SPIRIT and other tokens).
Similar to the
@CurveFinance
Model.
Later on i’ll explain the cvxCRV model through $LQDR
5/13

$SPIRIT has many other features like a cross chain #bridge, lp #farms and even #bonds (Partnership with Olympus Pro).
Making $SPIRIT almost a “one stop shop”!
And even more exciting features are coming in 2022!
6/13

Ape Mode is coming in 2022.
A leveraged long feature. Explained here!
youtube.com
Now over to $LQDR
7/13

On to $LQDR
24M mc and a TVL of 62M
There are a couple of high % APR (100% +) options on @LiquidDriver that are very very interesting!
8/13

$LQDR is a bit like what $CVX is to $Curve
linSPIRIT is already representing over 20% of the total inSPIRIT supply
Similar to $cvxCRV
9/13

locking $LQDR for $xLQDR, you’ll be able to claim rewards from the revenue-sharing vault every day!
10/13

High APR Farms
For example in “Spirit Land” $LQDR / $FTM
11/13

Liquid SPIRIT
Swapping your $SPIRIT for $linSPIRIT
With a current APR of %72
12/13

13/13 all information i posted came from other people!
Follow them for better and more extensive research! ❤️
@rektfoodfarmer
@rektdiomedes
@milesdeutscher
@defiwiz
@fantom_daily
@fantom

Extra: 🐸
@danielesesta & @AndreCronjeTech
#FrogNation
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