An attempt to analyze all the drama around Olympus DAO

https://0xrusowsky.substack.com/p/an-attempt-to-analyze-all-the-drama?r=rx2fd&utm_campaign=post&utm_medium=web

#reads

staking USDC/FTM on liquid driver for 117% APR

Vitalik's argument for a multi-chain future

https://twitter.com/VitalikButerin/status/1479501366192132099?s=20

#reads

LUNA 4h

AAVE 1D

consider shifting to beefy finance for auto-compounding

in good profits rn

Facebook owner Meta dives into NFT digital collectibles craze

Meta planning to integrate a NFT marketplace into Facebook and Instagram

https://www.ft.com/content/2745d50b-36e4-4c0a-abe0-e93f035b0628

BTC 1h

clean 💯

"A16z, a VC company with investments in Protocol Labs, Polychain Capital and Opensea among others, is now planning to raise $4.5 billion for its latest fund which is focused solely on cryptocurrencies, according to a report by U.K newspaper Financial Times."

if you're in the space rn, I congratulate you because you're in before crypto hits the S curve

huge injections are coming into the space

if you're still browsing and looking from outside, do consider taking a step in to explore

see y'all at the top

#wagmi

https://cointelegraph.com/news/andreessen-horowitz-aims-to-raise-4-5-billion-to-invest-in-crypto-funds?utm_source=Telegram&utm_medium=social

CBDC debate

probs why the market tanked

https://www.reuters.com/business/fed-lays-out-risks-benefits-cbdc-paper-takes-no-policy-stance-2022-01-20/

I expect the whales to start buying here @ 38k from the last update ^

to be clear, the Fed is just accepting feedback until May 20th and currently has no stance

https://www.investing.com/news/cryptocurrency-news/fed-takes-key-step-in-deciding-on-us-digitalcoin-issuance-2744134#

just finished watching this interview and it gives clarity on the macro perspectives of things

i'd say p beginner friendly as well so worth a watch in your free time (~1 hour of downloading knowledge)

points covered:
bond markets
inflation
Fed's perspectives
signaling and forward guidance
how to manage your portfolio
future of crypto

https://youtu.be/xdnMBzMPmqw

enjoy!

scooped up some $DPX and $rDPX in the dip

doing single side staking here as well

DopEx is a decentralized options exchange

site: https://www.dopex.io/

this is a gigabrain project so you have to really read to understand the papers and mechanisms

i'd say i'm only 80% clear on this proj but definitely worth some exposure imo

some links on DopEx:
Dopexpedia
Dopex Academy

if you followed into RBN before the pump then you'll see some similarities with DPX as they are both derivative protocols

it's a growing space to look out for

I won't be buying dips and will just be holding what I currently have (long term bags please continue to dca)

will only be buying dips in DPX,rDPX, and METIS

consider staking some stables here for 100+% APR while it lasts

3b in a matter of few hours of launch

a vampire attack on veDAO that I shared before

https://www.oxdao.fi/

if you're greatly affected by this crash

let this be a learning lesson especially if you're new to crypto

mentioned many many times before that unrealised profits =/= profits

always remember to take some profits/initial capital out or trim simply because of the volatility in crypto (except long term bags of course)

some would liken btc to high beta tech stocks and alts to high beta btc which works too —> crypto moves fast

also, never invest money that you can't afford to lose (don't ape your bank)

whether it's a bear market from here on out or not, I'm sure you'll come back stronger (and more wealthy)
_____

keep the faith and dca on your high conviction bets in the bear market

crypto is definitely here to stay

"bull markets make people rich, bear markets make people wealthy"

hope you guys are well 🙂