Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
alexander Profile picture
@wagmiAlexander
Jan 8 • 2 tweets • 2 min read • Read on X
Okay, this is actually insane... today @base is doing more volume than Mainnet Ethereum ($2.3b v $2.2b).

Aerodrome more $ETH + $BTC volume than all the top Mainnet Uni pools combined, with just ~1/10th the TVL.

A legitimate vamp is underway -- Solana next? Image
Image
@base The top three pools in DeFi... one is not like the others...

for now. Image

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with alexander

alexander Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @wagmiAlexander

alexander Profile picture
Nov 28, 2024
In decentralized systems, effective economic design that balances and aligns the incentives of all stakeholders is as important as the code itself.

The history of DEXs is painted with failures to develop a comprehensive solution to the DEX Trilemma... until now.

🧵👇 Image
Every DEX has the same goal: capture as much volume as possible by delivering the best trade execution.

To deliver on this, DEXs must attract and retain liquidity providers who provide the tokens for traders.
The earliest solution for DEXs was merely aligning and balancing the incentives of two parties: traders and LPs.

Liquidity providers deposit the tokens to support swaps — and traders pay fees to the LPs.

A simple solution — but with clear limitations. Image
Read 24 tweets
alexander Profile picture
Sep 21, 2024
My biggest take away from Token2049 for me is that it is starting to sink in that the MetaDEX model has won.

It offers the single best answer to the DEX trilema, aligning the incentives of traders, LPs, and holders, and the results speak for themselves.

A short thread. 🧵 Image
It is clear that Uniswap is in decline as per @TheBlockPro__ its market share has dropped significantly since 2023.

Curve meanwhile appears to largely be pivoting to focusing on $crvUSD and related products.

Balancer is seemingly chilling and PancakeSwap relegated to BNB. Image
This could not be coming at a worse time for Uniswap as the token vests they've used to subsidize their costs and yields are ending.

They are faced with having to cut LP yields via the "Fee Switch" to sustain themselves at a moment where they are already struggling to compete. Image
Read 10 tweets
alexander Profile picture
Mar 19, 2022
💸 Votium Round 14 Updates

Last round bribes stayed strong, despite the CVX unlocking drama and a major market dip.

I'll do a quick recap and share how things are shaping up for #VotiumR14 below!

🧵👇
R13 Recap

Last round saw a total of 5395.74 in $ETH bribes (+.07%), the second highest amount on record.

We also saw...
👉 The return of $MTA bribes
👉 A big increase in bribes from @LidoFinance
👉 New bribes from Convex for their CVXFXS LP

TL;DR - Birbs looking good.
R14 Update

The market is looking in better shape this week which is driving the $ value of bribes higher even as token amounts largely remain flat.

Rumors are swirling however we might start seeing some new / increasing bribers soon. 👀

Read 5 tweets
alexander Profile picture
Mar 5, 2022
🗳 Convex + Votium Round 13 Kick-Off

It's that time once again, voting gauges are open and tasty birbs (bribes) are beginning to flow in.

And with the events of yesterday, we've got some extra drama surrounding #VotiumR13.

My preview and projections below.

🧵👇
R12 Recap

Last round saw a total of 5357.47 in $ETH bribes (+1.9%), the second highest amount on record.

While bribes per $USD declined to $13.6M (-15.3%), it was clear that it was driven by prices drops not bribes.

tl;dr - flywheel 💪 + birbs 📈.

Yesterday's Twist

The #cvxVotium flywheel is a pretty well oiled and drama free machine, which (frankly) I was looking forward to after the chaos of the #veSolidWars.

But clearly, I'm not allowed to have nice things as yesterday we got some big news...

Read 11 tweets
alexander Profile picture
Mar 4, 2022
👋Hello

The last few weeks have been 🤯. I never expected to have 2k+ people following my Tweets.

While that's nothing in the context of some accounts, I am feeling the responsibility of it.

And think you deserve to know who you're reading.

So, a little bit about me...

🧵👇 Image
🙋‍♂️My name is Alex.

Clearly, I'm doxxed.

The fact that you can be an anon participant Web3 is super cool, but it didn't feel right for me.

It's more important to me that y'all know me and that I'm accountable for what I say and do.
My background is multifaceted...

I started my career in politics and campaigns (which is where I met @JasonHitchcock), but burnt out.

I spent six years in a variety of roles @Apple, my last few managing a few Talent Development programs.
Read 14 tweets
alexander Profile picture
Mar 2, 2022
I hope to do a proper thread, but a few quick thoughts on @_veDAO_'s big move.

They were already compounding control of Solidly and Solidex at an unmatched pace.

The benefits they gain with @0xDAO will only accelerate that (and they'll likely compound control of 0x too).
They will be one of the largest single controllers of veSOLID, and might have a shot at being the largest.

And since Solidly emissions are front loaded and veSOLID non-dilutive, this would be insurmountable.

IMO this makes them the simplest and most optimized Solidly play.
I mean, think about it...

You functionally get the optimized rewards of Solidly, Solidex, and 0xDAO in a simple $WeVE wrapper.

And those benefits will flow proportionally whether you're a retail investor, whale, or protocol.

"The People's Cooperative", indeed.
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(