Keeping up with the Run, but don't Slip

Good Morning Saints,

Hope you’re having a wonderful weekend?

If you’re reading this, you’re always one of the chosen Saints and you’re special.

Now, let’s get to the topic of the day……Grab a cup of coffee and let’s chill.

Here’s our recipe for today:

• The DeFI Saint Recap for the week

• Updates on L2s and Protocols building on L2s.

• Alpha from other Chads.

The DeFI Saint Recap for the week

Is the bull run here to stay?

Let’s look at an important stat from @cvidaily

CVI Daily @CVIdaily

The Crypto Volatility Index is at 67.69 📊 The CVI ranges between 0-200 0-85 ≈ Low volatility 85-105 ≈ Medium volatility 105-200 ≈ High volatility Trade #volatility (CVOL): Platform 👉🏻 cvi.finance Sushiswap 👉🏻 sushi.com/swap?token0=0x… @official_CVI $CVOL $GOVI

Generally, Still at low volatility range because it has been a hell of ride to the bottom and if the run continues, expect seeing this towards the medium volatility range.

To don’t get burnt, Tame your greediness and always remember to take profit along the way.

Back to the topic of the day.

L2BEATS vs Layer Zero

An interesting drama happened between L2BEATS and Layer Zero which i highlighted on issues regarding Shared Security and Isolated Security. These debates are necessary in the industry to challenge the system and also serves as a means of educating the masses.

Missed that, I’ve got you back on track

DeFI Saint 🦇🔊 @TheDeFISaint

If it's too good to be true, then it probably is Is this the end of an era for Layer Zero's Future or the Beginning?? Want to find out what happened between @l2beat and @LayerZero_Labs A 🧵

MetaMask and LIFI Airdrop

Do you think we can get Six Figure Airdrops again?

Looking towards the positive side of the market, I expect we’d see 2-3 Five Figure Airdrop this year from L2s and protocols building on them.

Here’s a great way to start

DeFI Saint 🦇🔊 @TheDeFISaint

How to Position for the Metamask and LIFI Airdrop 🪂 A Nightmare for Non-believers $MASK and $LZRD Two birds One stone 🎯 Here's how you should get ready 🧵

zkEVMs

This has been a nightmare for non-believers, If you missed my Epic thread on zkEVM, here it is.

Also, I’ll be deep dive into Polygon zkEVM next and why it’s my biggest bet

DeFI Saint 🦇🔊 @TheDeFISaint

Everyone is talking about Optimistic Rollups and Speculating on their Airdrops While you all forgot zkEVMs which are the Holy Grail zkEVM aims to achieve the Limitations of ZK Rollups technology. Here's what you should know about zkEVMs & how to get ready for their Mainnet 🎯

Gitcoin Alpha Round Update

Gitcoin Round 3 is live and will run till 31st JAN, Read as i highlighted on important updates to note, Minimum Donation is now $10 instead of $5.

DeFI Saint 🦇🔊 @TheDeFISaint

The Third Round of the Gitcoin Alpha Round is live 🎯 This will run from 17th - 31st Jan. Previous Rounds on UNICEF and Fantom has ended. Here's why you should participate: • Might be one of the Criteria for Airdrop eligibility for L2s protocol that hasn't launched a token.

Gitcoin (🤖, 💚) @gitcoin

📣 📣The Gitcoin Program Alpha Round is LIVE! ☀️A Quadratic Funding round that will support 200 grantees working on Open Source, Ethereum Infrastructure, and Climate Solutions with a $1M total matching pool ☀️ https://t.co/h7GqPPjRSE

Updates on L2s and Protocols Building on L2s

Mantle Network

As the L2 race is heating up, There are many big players all with the aim of Scaling Ethereum.

A new L2 by Bit DAO “Mantle Network” aims to be the high performance modular design scaling solution.

Here’s a thread by Slapp Jakke that explains in details what they bring to the table.

slappjakke.eth 🦇🔊 @Slappjakke

To stand out from the other Layer 2s you need to bring some innovation to the table Let's check out what @0xMantle from @BitDAO_Official $BIT is planning How can Modular Design and @eigenlayer Data Availability take L2s to the next level? 🧵👇

Stader Ethereum

As the LSD narratives keeps heating up, Stader with their ETHx aims to bring full decentralization to ethereum while maximizing yields.

Here’s a brief breakdown of their whitepaper on what they aim to do

Stader Ethereum @staderlabs_eth

Dear @ethereum community! $ETHx litepaper launch was a massive success. We got a lot of feedback and excitement from the community. ETHx is designed to maximize your DeFi yield while helping decentralize Ethereum. Here's ETHx litepaper in a nutshell for you. 👇🧵

Liquid Staking

MetaMask introduced an easy access to staking your $ETH with LIDO and Rocket Pool through their Portfolio Dapp.

MetaMask 🦊💙 @MetaMask

WEN STAKING? We are extremely happy to announce that you can now stake ETH with Lido or Rocket Pool through the Portfolio Dapp🎉 🔗portfolio.metamask.io/stake

Optimism Bedrock

Optimism is migrating to bedrock which aims to be the cheapest, fastest and the most advanced rollups architecture ever.

Here’s an update regarding its successful completion on the goerli testnet.

OP Labs @OPLabsPBC

We have completed the successful upgrade of Optimism’s Goerli Testnet to Bedrock! 🥳 Deposits and withdrawals are re-enabled, and the Optimism Goerli Sequencer is back up & running. Big thanks to all our partners for their support in making this migration possible!

Alpha from other Chads

Here’s a clear Explanation by Sassal on ETH still being deflationary while earning stakers 7.5% APR

sassal.eth 🦇🔊 @sassal0x

1/ ETH can be deflationary while still earning stakers 7.5% APR because that 7.5% isn't ETH's yearly inflation rate. Let me explain. The 7.5% APR consists of: - Protocol issuance: 4.1% - Tips (aka unburned fees): 2.3% - MEV rewards: 1.1% All of these %'s are variable.

Twitter Coin is coming to reward Content Creators

NFT God briefly gavre an overview on how this would play out when it’s implemented.

NFT God @NFT_GOD

Twitter Coins is coming and will radically change the platform It's a digital currency rewarded to content creators Better content → More money If you've every dreamed of making a living off Twitter, here are 6 simple steps you need to take NOW:

Ultimate Guide to Scroll

Here’s a simplified deep dive to scroll by shivamadan

shivamadan.eth 🦇🔊 @ShivanshuMadan

To find opportunity, you've got to follow the narratives, Following the narratives will lead you to Scroll📜 (@Scroll_ZKP) The Ultimate Guide to Scroll: 🧵

Finally, here’s a self inspiring thoughts by Tobi Emonts Holley

Tobi Emonts-Holley @tobi_emonts

My life’s been a wild ride so far: At 19, I emigrated to Scotland At 21, I became a manager At 23, we had a baby At 24, I got married At 29, I earned a PhD At 31, I was promoted to CEO At 34, we became parents of 6 Here’re some life lessons I’ve collected along the way:

Thanks for reading and if you like it, do leave a feedback and forward to your Friends, There is love in Sharing.

Permissionlessness

Founder, The Saints Creed.