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
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
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
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
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.
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.
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
Liquid Staking
MetaMask introduced an easy access to staking your $ETH with LIDO and Rocket Pool through their Portfolio Dapp.
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.
Alpha from other Chads
Here’s a clear Explanation by Sassal on ETH still being deflationary while earning stakers 7.5% APR
Twitter Coin is coming to reward Content Creators
NFT God briefly gavre an overview on how this would play out when it’s implemented.
Ultimate Guide to Scroll
Here’s a simplified deep dive to scroll by shivamadan
Finally, here’s a self inspiring thoughts by Tobi Emonts Holley
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.
thank you sir