Altcoin Alpha.
It’s the kind of crypto content that comes before it’s news.
Before it’s known in the traditional media cycle.
Or it may be already in the media cycle, it’s just people don’t understand the gravity
of the news.
Well we like to cover both types of Alpha…the stuff that isn’t known, and the stuff people
don’t understand.
So are you ready for the gravity of the situations to take over?
Well tune in, don’t float away, let the gravity hodl you…because it’s time for
Chico Crypto!
If you want altcoins to turn bullish, you need some movement of bitcoin…and after
the early Monday scare where BTC dipped down below 48k…to near the 47k resistance, BTC
decided to do just that.
As of yesterday morning, BTC was pushing up to 52k . From the low to the high, this was
nearly a 9.5 percent increase in just over 24 hours.
Which means, Altcoins started booming, and surging further than Bitcoin.
Big pumps from the likes of Bitcoin SV, Bitorrent, Line Blockchain, Polygon and Loopring…actually
55 coins out of the top 100, 55 percent had bigger 24 hour pumps than BTC.
It’s obvious altcoins are ready to move, and if BTC really starts moving, a majority
of altcoins will follow suit with certain ones pumping more!!
Sooo let us begin with that Altcoin Alpha I have for you today.
I have news that isn’t known, news that is known but it’s not understood just yet,
and to finish news that isn’t known, which is major airdrop alpha!
So I would stick around.
Where should we start…how about with news that isn’t known.
Now, everyone should know I’m a big fan of Centrifuge.
They are the first and still one of the only protocols bringing Real World Assets, RWAs
into the world of DeFi.
This was done through their Tinlake dapp, where things like real estate bridge loans,
payment advances, consumer loans, trade receivables, fintech financing, branded inventory financing,
and more were being funded with DAI.
Real World Businesses and their assets now have easier access to funds through DeFi…although
with just tinlake there were limitations.
There was a threshold minimum investment of 5k DAI, and KYC which was a barrier to entry
for many people.
Well this is about to change and DeFi integrations are about to go wild for Centrifuge.
Early October Centrifuge posted this blog “Adding the First Diversified Real-World
Asset Money Market on Aave”.
The blog stated “With the arrival of Aave 2.0 and Tinlake v3 release, it’s finally
the right time to introduce a diversified money market on Aave for real-world assets.”
“In our 3rd version of Tinlake, we will introduce revolving pools, a necessary feature
to make an RWA money market work smoothly.
This feature will allow pools to continuously add assets, which can continuously be financed
by the RWA Money Market on Aave.
Having a money market on Aave for real-world assets will make it easy for anyone to invest
in Tinlake pools, with no minimum investment in a pool required.
So that is known…but what isn’t known Tyler.
Well if we go into the Centrifuge discord, and we scroll down, there is a channel called
wg-cfg rewards, and it was created just last month.
The first comment is this is the channel for the working group to discuss CFG rewards.
Well if we scroll down in this channel, we can see a lucasvo, aka Lucas Vogelsang, the
CEO posted “to bring this back on topic of rewards, here's a first draft of some thoughts
I wrote up” with a link to a hackmd draft post.
Clicking into that we can see that there is a section titled “external protocol rewards:
AAVE
And then scrolling down, we can see the proposed parameters for the AAVE Centrifuge markets
launch.
Over 833 thousand CFG will be allocated for liquidity mining, for the first 90 days of
the protocol launch!
This means wrapped CFG liquidity mining is coming to AAVE at launch, which is right around
the corner.
AAVE is the creator of the liquidity mining programs, so this is BIG, BIG…unknown news.
Now let’s move onto news that is known, but the gravity isn’t understood.
Yesterday, Alchemist’s Copper announced a strategic partnership, aligning on terms
for their copper launch platform.
The release blog states “It is with great pleasure that we announce Copper is aligning
with Balancer, paving the way for future revenue generation for both ecosystems and for Copper
to continue innovating on top of Balancer Protocol’s Liquidity Bootstrapping Pools
(LBPs) and underlying codebase.
“Copper will activate a 2% fee on funds raised through Copper, which will be split
equally (50/50) between the Balancer DAO and Copper.”
And Dire0x tweeted how much of the 1 percent copper get’s is going to alchemist crucible
holders, through the allude rewards program.
Dire said “0.5% of all Copper raises will enrich Aludel rewards.
This is huge.”
This is huge, because Copper’s fair launch is becoming one of the de-facto launch platforms…December
5th the Copper twitter tweeted “Another record breaking token launch hosted on CopperLaunch
by GuildFiGlobal and as we can see there was 139 million raised through that launch.
That means, if the rewards system was live, .05 percent of that is nearly 700 grand,massively
benefiting crucible holders through just 1 launch.
There has been more than just 1 launch, there are many launches going down.
Just from the 15th to the 28th of November, there were 8 launches that happened.
And that isn’t it with Balancer…from the partnership blog they say “This is an interim
solution, with the medium-term goal of creating a fee solution based on the volume traded
rather than funds raised, which is currently being scoped.
Well that is big because there is much more volume happening during the auctions than
funds being raised…so that will boost the rewards even further…and then they say “Alchemist
and Balancer DAO have considered a token swap to further encourage alignment between the
ecosystems.
Details are being scoped by each community and a proposal will be submitted for both
Balancer DAO and Alchemist governance votes.”
Alchemist is getting deep with balancer, and soon I have the BIG alpha, the airdrop that
isn’t known…but before we get into that, it’s time for a sponsored segment of this
video, brought to you by the Tangle Bulls IOTA Community Group and like always the details
of our agreement can be found in the description.
Last time we reviewed IOTA we called them the OG crypto sleeping giant as they were
quietly working behind the scenes building out their vision, but sleeping giant they
are no more… in fact, they’ve been generating a lot of positive buzz and speculation lately
on crypto twitter about their future and just how impactful their latest developments will
be for our growing decentralized world…
AND metaverse.
And you better pay attention because IOTA will be conducting what will likely become
the largest airdrop in crypto history through two of their latest projects Shimmer and Assembly…
Shimmer is for IOTA what Kusama is for Polkadot… an incentivized staging network with it’s
own native token $SMR.
Shimmer will be an essential part of IOTAs path to increased utility, ecosystem growth
and full decentralization.
Its essentially become the innovation playground for DeFi, GameFi, NFTs and dapps
Assembly is a permissionless multi-chain network to build, connect and deploy smart contracts
and addresses the limitations of current scaling solutions by using the feeless base layer
of IOTA as an immutable trust anchor and bridge for feeless interoperability of smart contracts
and will connect many different kinds of independent smart contract chains.
The $ASMB token will be the native token of Assembly to secure, govern and grow the network.
IOTA technology is positioning itself to become the base layer that empowers the metaverse
for each blockchain ecosystem.
It could end up powering Decentraland, The Sandbox, Ethereum’s metaverse, Solana’s
metaverse… and even more!
So how can you support the ecosystem and earn your share of these new tokens that have yet
to be released and once all the tokens have been airdropped could see up to $400 million
in value given away.
Well, it’s very simple, all you need is IOTAs token $MIOTA and a Firefly wallet.
In an upcoming release of Firefly the staking functionality will be enabled and you will
be able to stake your IOTA tokens to earn ASMB tokens, as well as Shimmer tokens.
That’s right, stake one token and earn 2…
For every 1 $MIOTA staked, users receive 1 $SMR and 4 microASMB (0.000004 $ASMB) every
10 seconds, for 90 days, once the staking has started.
And the best part is you can unstake any time, with no lockup.
The staking is not yet live so you have some time to get prepared.
Make sure to download the Firefly wallet and send all your MIOTA to the wallet in preparation
for the ability to start staking… you dont want your MIOTA sitting on any exchanges.
They will give the community at least a 24-hour notice before staking goes live….
And once it does… cha-ching.
Take the time now to get prepared and make sure you get plugged in with the IOTA community…
during these exciting times and major announcements I’d suggest getting onto your twitter and
follow IOTA right now so you can stay up to date with their announcements in real-time
and so you can join in on the convos and speculation about IOTA’s bright future.
All the links to their projects, Firefly wallet and Twitter can be found below.
Now how about that airdrop, the big alpha that isn’t known!?
Which is news that isn’t know…well I’ve actually already covered this before.
November 20th, I covered the zigzag exchange on a live stream, the first DEX and live dapp
on zksync which has been tokenless.
But I predicted an airdrop coming, let’s listen in to what I had to say.
Predicted an airdrop, but now a token from zigzag seems to be confirmed.
Soo…if we go back to the zigzag interface during the live stream we can see there were
only 2 tabs.
Trade and Wallet.
Now if we go to the zigzag exchange today, we can see there is a 3rd tab…Bridge.
Clicking into this new tab we can see it looks like a way to bridge assets, this is just
a placeholder and isn’t live yet…but we can see one of those assets is…ZIG ZAG,
with a balance of ZIG tokens.
Why would they do this if there wasn’t a coming Zig Token?
So like I said in my live stream, it’s very likely they are doing an airdrop.
To be eligible for this, I would try out the exchange on the mainnet, try it out on the
testnet.
And by doing so, you will also put yourself in a position to be available for the possible
coming zksync airdrop, as zig zag is a dapp on zksync.,.
Cheers viewers, I'll see you next time!