MERRY CHRISTMAS TO EVERYONE! If you are reading this then you are in for a treat.
There are so many threads nearing to the year end especially with topics like takeaways for the year and narratives into 2023 and beyond. So much to deliver this time and pretty sure this post would not bore you. Let’s getting digging into it!
Hope you enjoy the content, and feel free to connect with me on Twitter here. We can always have a good chat.
Segmenting the megathread of content into 5 parts:
Macro news
Trending narratives
Defi happenings
Educational resources and tools
Spicy crypto drama
1. Macro News
The macro events hit the market hard this week, with the biggest highlight being the BOJ reverse uno. Other macroeconomic and social factors begin to unravel as well.
The BoJ has expanded its band on yield curve control to 0.50%. Every single economist surveyed by Bloomberg had expected the BOJ to keep policy unchanged. @biancoresearch
But what will this mean for the other markets?
This is further elaborated…why BOJ hiking rates means down only and also cause some market volatility @hodlKRYPTONITE @MacroAlf
BOJ’s years of 0% interest rates can be thought of the UST + Anchor ponzi scheme @Derivatives_Ape
and with the yield curve control widened: “10-year JGB can now trade between -0.50% and +0.50%, hence widening the band for YCC.” @MacroAlf
With BOJ’s reverse uno that probably no one expected, U.S economic activity could probably get crushed. And the inverted yield curve points to an imminent recession @GameofTrades_
Investing become increasing important in this era of rising inflation and we can see how money has devalued against Gold. @CryptosEngineer
Beyond the financial market’s concerns, there are also social concerns that weave into our daily lives. We are witnessing a very concerning phenomenon: people losing motivation to work and then living off the benefits. It might not describe the full situation they are in since we are only seeing it as outsiders, but this is something to think about. Why Millions Of American Men Missing From The Workforce by @rektdiomedes
2. Trending Narratives
There were already a lot of it shared in the previous highlight and more to share this week. Ending the year with loads of alpha.
Christmas alpha and latest development in Defi by @karl_0x @TheDeFinvestor
Going into the 2023 predictions or theses, here are some great reads from the big boys, which will take you a while to properly go through them.
168 pages from the founder of Messari on top investment themes, people to watch, and trends in policy, CeFi, BTC, ETH, Stablecoins, DeFi, NFTs, DeSoc, DePIN, DAOs, and more. @twobitidiot
Also from the founder of Messari himself, summarising the crypto theses in a 21 thread count (not 95 as he have stated, since he wants readers to fill that up in the comments instead). 95 Crypto Theses for 2023 @twobitidiot
Probably hitting the part 2 next week, so stay tuned. Part one of their 2023 thesis is live: @neworderDAO
Also by @neworderDAO; What kind of future lies ahead for crypto in 2023? (just maybe I will take some notes on the key takeaways for this video)
Proud to release their Digital Asset Outlook Report 2023 @TheBlockRes
Nansen's 2022 Annual Report Compilation: https://research.nansen.ai/article/485/eoy-compilation-report
Interview with Vitalik about Ethereum in 2023 @BanklessHQ (another great mind interviewed, just maybe might do some note taking and sharing it later on)
Think you can't make money in a bear market? Here's the plays you could have made it with this year. @TyrogueD
Now, focusing back to the great tweets by the alpha hunters. If you find the above reports and information to be too much, here are some smaller bite-sized threads.
Summarised reports from key players in the industry. @CJCJCJCJ_
DEXs/ Perp DEXs keep thriving & don't think they'll stop anytime soon. @RiddlerDeFi
One of the areas of the digital asset ecosystem that has seen the most innovation over the last two years is cross-chain interoperability. One of the most interesting projects in this realm is Synapse (SYN) @ReflexivityRes
3. Defi Happenings
December 16th's #crypto news, launches, and new project findings, I do the digging, so you don't have to. @C4dotgg
Defi things to look forward to @tanoeth
7 decentralised protocols for Options @Chinchillah_
End-of-year review of algorithmic stablecoins @DefiIgnas
End-of-year review of decentralized exchanges @DefiIgnas
Is Convex loosing steam? @sioh03
Offramp’s KYC-less fiat off-ramps with some extra features. Looking super interesting. @monosarin
Decentralised insurance Part 1 - How decentralize insurance protocols work or could work? @0xCrypto_doctor
Decentralised insurance Part 2 - Let’s go on with the analysis of decentralized insurance protocols. @0xCrypto_doctor
Y2K Finance just launched this week and is quite a "singular" protocol (=> not another generic DEX or money market) @thedefivillain @y2kfinance
The main idea behind this is to short a basket of these inflationary tokens against ETH or BTC. @karl_0x
Futureverse announced this week it has merged 8 companies to create an open metaverse ecosystem. @davincithreads
So let’s see what 2023 will bring for the TreasureDAO ecosystem; growing >400% from 3k weekly active users to 15k across all products and cartridges during a bear market. @cryptopantone
Branding becomes apparently very important in the crypto space. Here are some of the results of this double-edged sword. @Chinchillah_
Contrary to what happens in start-up land, most DAOs refuse to reinvest in the company and would rather share revenue with its users from day one. @FearsomeLamb789
Why I'm very bullish on Pendle Finance @hellf17
Why's my alt portfolio 50% $RDPX 50% $GMX ? @marwolwarl
Neutra sets out to create easy to use Vaults starting with their first: Delta Neutral GLP Strategy and dashboading analytics @crypto_linn @defi_mochi
Never fail to amaze me with great protocols guide. Very high up on our shortlist of projects to watch in 2023 is @vertex_protocol by @blocmatesdotcom
(another great interview with the team, I could look at the possibility of doing some note taking and sharing them.)
@Buffer_Finance is not just another perps protocol, rather it offers binary options with unique features. @ChadCaff
What is @bebop_dex? What problems are they solving? How do they actually work? @eli5_defi
A thread on @ipor_io new tokenomics design called Power Tokens @Marco_112358
Part 1 of my deep dive research series - TONCOIN @jake_pahor
4. Educational resources and tools
2023 is going to be the year of token unlocks. @Dynamo_Patrick
Here is everything you need to know about crypto unlocks in 2023 @karl_0x
The purpose of this thread is to share some ppl/content & ideas with you that i find useful. @worstcontrarian
Now is the best time if you want to become an Alpha hunter @OGtestnet
Here are my top #4 newsletters I think you should follow in finding new & early protocols. @cyptotug
Breaking down the process of using @DuneAnalytics to find alpha. @cyrilXBT
Crypto is a game of information. Insider = $. I will present another top 10 tools to find early projects @OGtestnet
I read some very interesting threads about Research tools to find the next Crypto Gems about staking, LP, lending/borrowing 🧵
5. Spicy Crypto Drama
Analysis of how a scammer stole 14 BAYCs worth over 852 ETH ($1.07 million) today through a month-long social engineering scam. @Serpent @_sevenseason_
Daniele comeback arc pump just dropped and pumped ICE @BarryFried1
Wintermute wnats to start an exchange, and they're doing it now and preparing it for the next cycle @0xwoid
Is Binance insolvent? Four critical facts about the current #Binance FUD
This new financial surveillance bill is a PRIVACY NIGHTMARE. @naomibrockwell
Thank you for reading till the end!
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