December 31, 2020: 100 Reasons to Celebrate DeFi in the New Year ๐ฏ๐พ๐ฅณ๐
Keep Ahead of the Curve
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As thanks, weโre giving you 100 reasons to celebrate Decentralized Finance and cryptocurrency in general this New Year. Most of this listicle comes from the last week alone. Drop any hype we missed in the comments!
1-8: CRV
9-26: BTC
27-31 ETH
32-35 USDN
36-39 BoringDAO
40-42 AAVE
43-48 ChainLink
49-50 Binance
51-53 Synthetix
54-60 REN
61-62 Filecoin
63-65 USDC
66-69 Mirror
70-71 DAI
72-83 Stablecoins + DeFi
84-90: Regulatory + CeFi
91-94: Misc Hype
98-100 Curve Market Cap
Curve (1-8)
Curve hits a quarter billion in volume
Curve hits a quarter million in fee distribution
No wayโฆ
$ETH and $AAVE pools get $CRV
Boost everything!
6% fees + 48% rewards = 54% on ETH?
22% fees + 42% rewards = 64% on AAVE?
322% max boost on Euros?
Bitcoin (9-26)
Bitcoin all time high
Goodbye Singapore ๐ธ๐ฌ
Goodbye Visa ๐ณ
Goodbye Rat Poison Squared ๐โ ๏ธ
Bitcoin $250K?
Bitcoin $400K?
Bitcoin $600K?
Bitcoin 1 trillion?
Mooch ado
Bitcoin passes half a billion total transactions
Bitcoin aggregated futures all-time high
16% of BTC market cap from institutional investors
16% of the $BTC realized market cap is now owned by institutional investors. - Realized Market Cap: $186 billion - Grayscale AUM: $19 billion - Institutions AUM: $30 billion (by @BTCtreasuries) Chart ๐ bit.ly/3n0q64hUPDATED Grayscale AUM on Nov 1: $7.6 billion Grayscale AUM today: $19 billion https://t.co/WMNm9bUv5nBarry Silbert @BarrySilbertOver $30 billion in BTC owned by corporations
Institutional flippening?
Whales HODL
Whales breed
Retail investors join the party
Touchdown! ๐
Ethereum (27-31)
Ethereum breaks $700
Quarter billion $ETH transaction
ETH off exchanges
$ETH is flowing out from centralized exchanges. It might go to DEX, staking contract, custody, etc. Whatever it is, it's good for $ETH as decreasing market supply. Whales might use DEX for dumping, but at the same time, DEX drives Defi growth. Chart๐ bit.ly/2JoWNuB$ETH is the most undervalued asset in crypto finance. (I'm a Bitcoiner tho) https://t.co/r7g7ky0gyvKi Young Ju ์ฃผ๊ธฐ์ @ki_young_juETH futures in a month
Bitcoin is just a gateway coin?
For #BTC... once you go #Ethereum, you never go back.For those who have tokenized #BTC onto #Ethereum, how much of that BTC on Ethereum have you ever moved back to the Bitcoin network?DeFi Dad โ defidad.eth @DeFi_DadNeutrino / USDN / Waves (32-35)
USDN moons
USDN hits KuCoin
USDN hits Swop.fi
WAVES staking on Binance
Finally! $waves staking on @binance#Binance Staking Launches $COS @contentosio and $WAVES @wavesprotocol Staking with up to 29.45% APY โก๏ธ https://t.co/JpTvxeBEnr https://t.co/SNwGXrktQzBinance @binanceBoringDAO (36-39)
BoringDAO gets listed
BoringDAO + Alpha Finance
BoringDAO + NUTS
$oBTC rewards
AAVE (40-42)
AAVE reaches $1MM weekly income
>$50MM annualized income on $AAVE
$2 billion $AAVE liquidity
Chainlink (43-48)
ChainLink growing
Chainlink adds DOT/USD Price Feed
Chainlink + Velo
Chainlink + ARVO
Chainlink Decentralizes
Chainlink MCAP/USD
๐@chainlink continues to support more advanced #DeFi products. ๐ Integrate the newly released MCAP/USD Price Feed today to obtain on-chain data about the current total cryptocurrency market cap, already used and sponsored by @BaseProtocol. โฌ๏ธ DETAILS: feeds.chain.link/mcap-usdBinance (49-50)
Binance zero fees for EU members and their recent exes
Vanilla Options
Synthetix (51-53)
$sUSD over $100MM total supply
I just published blog.synthetix.io/synthetix-2020โฆ reviewing the craziness that was 2020. I'm sure I'll be punished for posting it two days early with some last minute insanity, but yolo.Synthetix IO hits $50MM daily volume
Successful Shaula release
The Shaula release is now complete, and SNX/Synth transfers are now enabled again! Multicollateral loans and sUSD shorts are now live, but only at a contract level โย we will be rolling out the frontend for these new features in the early new year.We're kicking off the Shaula release now. During this time, expected to take up to several hours, SNX and Synth tokens will not be transferrable or exchangeable on-chain.Synthetix โ๏ธ @synthetix_ioRen Protocol (54-60)
REN on OpenDAO
REN goes NUTS
REN on Pillar Walle
My Ether Wallet integrates REN
Cryptofees.info integrates REN
REN + Synthetix
REN + MakerDAO
MakerDAO has added renBTC as a collateral type. DeFi users can now borrow DAI with real #Bitcoin Take native $BTC, use bridge.renproject.io and then visit oasis.app/borrow to deposit $renBTC and generate $DAI @MakerDAOFilecoin (61-62)
Filecoin soon?
Filecoin warps space-time
๐ฅ#Filecoin (FIL) has implemented the FIP -0009 program, which is the fourth upgradeโฌ๏ธ since the launch of the mainnet. ๐๐ ๐คฉThis upgrade has significantly reducedโคต๏ธ the cost of proof storage on the network.๐ซ๐ซUSDC (63-65)
$3.5B in circulation for $USDC
>$100M daily volume $USDC
8MM transfers for USDC
USDC stablecoin just crossed $3B market cap and over 8M transfers, just 4 months after the $1B milestone. USDC on Ethereum (2.97B) USDC on Solana (25MM) USDC on Algorand (5.7MM) Also on ETH sidechains: USDC on Matic (10.2MM) USDC on xDai (0.2MM)USDC stablecoin just crossed $1B market cap and over 3M transfers. ๐ต๐ต๐ต https://t.co/IB03fEBGBM https://t.co/p15VThWXA0Pete Kim โ @petejkimMirror Protocol (66-69)
Mirror, Mirror
$mStable v2
SAVE v2
$450K / month on Mirror
@mirror_protocol collected $15,212 in the last 24 hours. That's $450k a month. ... and quite a lot of $MIR buyback ๐ Did I told you that every week $LUNA stakers get a $MIR airdrop? $QNT $OM $REN $SOL $ICX $XTZ $CEL $OKB $XHV $KAI $ADA $RSR $COMP $NIM $HEX $DEC $VIDT $STXDai (70-71)
>$1B DAI
Mortgages flipped
Now it's cheaper for me to mint $Dai using $ETH as collateral than borrow fiat from bank with my real estate as collateral ๐คStablecoins + DeFi (72-83)
Stablecoin season
Stablecoin market cap up 500%
Stablecoins hit exchanges
People are depositing #stablecoins to exchanges. Let's see if this bullish signal works. (Current price: $27,957) View Chart ๐ bit.ly/38Horvy Set Alert ๐ bit.ly/2LC7GKdThis #stablecoin inflow alert was helpful to predict the +8% $BTC surge today. I think 80 is a significant threshold for both addresses count or TXs count. Set Alert ๐ https://t.co/xjY9mvaa15 https://t.co/xe069D5bk9 https://t.co/xyKm80eFKvKi Young Ju ์ฃผ๊ธฐ์ @ki_young_juโOr somethingโ
Alt season approaching?
Improving gas prices without dropping bombs
DeFi Milestones
23 DeFi protocols ahead of lightning โก
The Lightning Network is Bitcoin's only prominent decentralized finance protocol. It only does payments. In terms of total value locked, it's behind twenty-three other #DeFi protocols. Those do everything from lending to swapping to synthesis. All twenty-three live on Ethereum.I took 365 days just to make sure but I think itโs safe to say 2020 was definitely not the year of the Lightning Network.eric.eth @econoarCould $COVER recover?
Stay #SAFU
$RSR App soon
wBTC hockey stick ๐
Regulatory + CeFi (84-90)
Coinbase launches Crypto Community Fund
Coinbase to IPO
Early hype
eToro next?
โNo oneโs going to ban Bitcoinโ
Too late to regulate?
Free Money for Federalists
Imagine the possibilities in a place like Miami if the state of Florida took up Wyoming-style legislation to attract the next generation of crypto unicorns. Or Austin, or Denver, or.... How long until these states get it together & start competing to be the Delaware of crypto?Mining (91-94) โ๏ธ
Mining power to Scandinavia
Mining Power to North America
ETH2 can be mined on a laptop ๐ป
Hashrate hits all time high
Get Hype (95-97)
Continent Unlocked
Whatโs beyond the moon?
Big if true
The Winklevoss Twins Are Suing @Facebook Again, And This Time There Are Even More Of Them clickhole.com/r/2006tsdCurve Market Cap (98-100)
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