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DeFi Warhol
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The last few weeks have been full of events for the @avax ecosystem.
Here's a report of the most important updates 🧵
#AVAX
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DeFi Warhol
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TVL on @SeiNetwork has been insane over the last 2 months. It recently hit an all-time high of $553 million. That's GIGA level.
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If you're in crypto, you must know how to act correctly in times of euphoria. Here's your guide for when Bitcoin hits a new ATH 🧵 1. Post a fractals comparison with 2021 You must bait everyone who just bought near all-time highs and make them believe history will repeat itself. 2. Cry that your portfolio is 90% $ETH This should be a part of your daily routine anyway. Just don't do it publicly. 3. Write at least three "altseason coming" posts Play it cool and keep bull posting about an altseason. Call everyone who disagrees with you a fudder. 4. Schedule two bullish and two bearish posts This way, nobody can accuse you of being wrong. Just delete the wrong ones and retweet the right ones after something happens. 5. Check the OI and funding rates Don't ask questions, just do it, even if you don't know what they mean. You can also post them with no comments (optional). 6. Have your limit orders for shorts ready It's a great time to play around on low timeframes, just be careful with leverage. 7. Review your exit and profit-taking strategy Oh, you don't have one? Never mind. 8. Slap a Bitcoin Puppet on your pfp Embrace the sentiment and position yourself like you've always been a Bitcoin Maxi. Start bull-posting BTCfi and Bitcoin NFTs (optional). 9. Screenshot every hour (essential) "If it's good enough to screenshot, it's good enough to sell" - Warren Bufffet 10. Take some profits at least After you've done all that, it may be time to take some profits (optional). Did I miss anything? What should I add to my list?
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Protocol with the lowest P/E ratio (FDV / Annualized Fees). There's significant focus on revenue-generating projects, it's definitely worth putting them on a separate watchlist. Data: @dyorcryptoapp
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Protocols with the lowest P/E ratio (FDV / Annualized Fees). There's significant focus on revenue-generating projects, it's definitely worth putting them on a separate watchlist. Data: @dyorcryptoapp
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Protocol with the lowest P/E ratio (FDV/Annualized Fees): @PancakeSwap: 0.74 @LidoFinance: 1.47 @jito_sol: 2.34 @GMX_IO: 2.63 @RaydiumProtocol: 3.71 @sparkdotfi: 4.59 @AerodromeFi: 6.45 @VenusProtocol: 6.46 @Uniswap: 6.49 @KaminoFinance: 6.76 There's significant focus on revenue-generating projects, making it worthwhile to place them on a separate watchlist. Funny fact, $TSLA has a 186 P/E. Data: @dyorcryptoapp
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