There's a risk of a black swan event in DeFi.

As per Defillama, if CRV drops below $0.37, there's 300M CRV to liquidate in Aave -most from Curve's founder

The problem? There's not a single Exchange or DeFi protocol where one can sell such a large CRV amount.

Risks explained 🧵

https://twitter.com/olimpiocrypto/status/1686129328659316738

CRV play by DCF:

1. Remove 2M USDT from Aave
2. Make an OTC swap with MichaelEgorov buying 4,250,000 CRV at 0.40
3. Convert 1M CRV to cvxCRV
4. Hold it, along with the rest until it pumps back
5. Profit

sun also bought 5M CRV.

Would you do it?

https://twitter.com/olimpiocrypto/status/1686373114186526720

Testing DeBank Stream:

Launching a legit "Lucky Draw" competition — everyone who enters participates for the prize of $10 USDC. First test, depending on how it goes we can see what to do 👀

Winner in 24hs ⚡️

It's free to participate: https://debank.com/stream/333734

Following Curve's exploit, Michael Egorov (Curve's Founder) has an active 80M USD loan, backed by 360M CRV (200M USD) that's at risk of liquidation.

MIM and AAVE are having emergency governance discussions.

1. He has been repaying debt
2. Did several OTC sales

CRV Updates 🧵⬇️

https://twitter.com/OlimpioCrypto/status/1686854817841545216

A wild treasury has appeared

how it started: how it's going:

https://twitter.com/olimpiocrypto/status/1687095725560389632

Something is cooking 👨‍🍳

Check out Earndrop's Official DeBank account:

https://debank.com/official-account/112041

Might be a good idea to follow 👀

Imbalance alert: people selling USDT for USDC and DAI

First is DAI-USDT-USDC in Curve, second is Uniswap v3

https://twitter.com/olimpiocrypto/status/1687187053233012736

☕️ LAST WEEK'S LEADING NEWS ☕️

Alpha-packed, coffee-ready information on the latest weekly crypto developments.

• Curve exploiter returns funds to JPEG and Alchemix

• ZachXBT identifies potential BALD deployer

• FTX files a plan for reorganization

• Polygon drama with…

https://twitter.com/olimpiocrypto/status/1688584305008689155

There has been a lot of FUD about USDT, Justin Sun, and Huobi this weekend. What's happening:

USDT sell-off?
Huobi executives arrested?
Huobi insolvent?

🧵

https://twitter.com/olimpiocrypto/status/1688647705369915392

CyberConnect $CYBER Airdrop 🪂

@CyberConnect's $CYBER airdrop is claimable soon. They own Link3

Check if you are eligible, when you can claim, distribution details, and my strategy for a Season 2 Airdrop 👇

• Eligibility ✅
• Timeline ⏰
• Distribution 💰
• Strategy ⚡

🧵

https://twitter.com/olimpiocrypto/status/1688979528201490432

1. Base Onchain Summer campaign begins... 🪂
2. PayPal launches its own stablecoin (PYUSD)... 🔵
3. StarkNet notifies users to ensure their StarkNet wallet is... 🐺
4. L1 Digital raises $152m... 💰

Alpha-packed, coffee-ready information on the latest crypto developments.

☕️👇

https://twitter.com/olimpiocrypto/status/1689300663023591424

Clipper token and airdrop confirmed! $SAIL 🪂

Clipper is cryptocurrency DEX by Shipyard Software.

Details from Clipper's community call:
• Eligibility ✅
• Timeline ⏰
• Distribution 💰

There is still time to be eligible for future Clipper airdrops. 👇

🧵

https://twitter.com/earndrop_io/status/1689300994193334272

Users who followed my airdrop strategies got up to 10,250 ARB.

Others up to 32,000 OP.

You probably already know— BASE is a new L2, built by Coinbase.

@BuildOnBase opened Mainnet 7 days ago. It could have airdrop potential 🪂

BASE Airdrop Strategy: using Arbitrum Criteria 🧵

https://twitter.com/olimpiocrypto/status/1689635973154697216

SEI airdrop has been confirmed 👀

https://twitter.com/earndrop_io/status/1689744718035345408

Headlines have surfaced stating your wallet is at risk due to a newly discovered vulnerability.

Despite the panic, your wallet is most likely unaffected. ✅

• Vulnerability details 🪲
• Wallets unaffected ✅
• Wallets affected ⚠️

Details below: 🧵

https://twitter.com/olimpiocrypto/status/1689745972036096000

🚨 Breaking: DeBank just confirms the DeBank Chain

Testnet open for people using Rabby

Info below:

https://twitter.com/earndrop_io/status/1689967005946822658

• SEC requests an appeal regarding the sale of XRP
• Last week to claim DIVA airdrop 🪂
• DeBank announces L2 Chain
• Helio Protocol raises $10M from...

Alpha-packed, coffee-ready information on the latest crypto developments.

Read time: ⏰ 6 minutes

☕️ 🗞️👇

https://twitter.com/olimpiocrypto/status/1689991941667303424

AIRDROP STRATEGY #33: zkPalm 🌴

Thread: An under-the-radar upcoming zkL2 with connections to Polygon and ConsenSys 👀

$PALM token has been confirmed. 🪂

Let's explore Palm Network @BuildOnPalm
• Funding
• Token and airdrop?
• Strategy

Alpha Strategy 🧙‍♂️👇

https://twitter.com/earndrop_io/status/1690006903143718912

friend tech is getting a lot of hype today, with top personalities' profiles swinging in share prices.

A similar dapp to Bitclout has emerged on Base. Bubble?

Let's explore:
• What is @friendtech ❓
• How it works ⚒️
• Get started ⚡
• Airdrop? 🪂

🧵

https://twitter.com/olimpiocrypto/status/1690040129937960962

☕️

1. EigenLayer raising cap soon.
2. SBF's bail revoked; sent back to jail.
3. Uniswap fires developer after rug pull.
4. Lapsus$ using SIM swapping attacks.

Alpha-packed, coffee-ready information on the latest cryptocurrency developments.

Read time: ⏰ 7 minutes

🗞️👇

https://twitter.com/olimpiocrypto/status/1691089820733644800

This was not related to $ZRO airdrop (yet) — but related to airdropping native gas fees, see here:



https://twitter.com/olimpiocrypto/status/1691110754924261376