Crypto Coach Will

Sonic Launch ($S / $FTM / @0xSonicLabs) is right around the corner 🚀 I’ll be dropping the top 5 DeFi protocols in the ecosystem to gain exposure to. But before all that, you’ll need $FTM (soon to be $S) in your wallet to interact. Oh, and there’s an ongoing airdrop campaign for Sonic that’s underfarmed. 🪂 Why are we bullish on Sonic (previously Fantom)? 🔹 10k TPS and 720ms to Finality 🔹 DeFi OG Build000r, @AndreCronjeTech, is building 5 new DeFi primitives with 90% of gas spent going back to apps/devs. 🔹 Sonic Foundation’s $500M treasury, with 190M $SONIC ready to airdrop to Fantom users. Not sure which DeFi apps to jump into first? Don’t worry, I’ve got you covered! --------------------------- #1 $EQUAL - @Equalizer0x Equalizer is an innovative DEX on the Fantom chain, an improved fork of Solidly, originally launched by Andre Cronje. Combining Uniswap V2 with Curve's ve-incentive scheme, Equalizer tweaks the parameters to make the DEX more efficient. Think of Equalizer for Fantom as what Velodrome ( $VELO ) is to Optimism. 💡 If you’re looking to start providing liquidity, Equalizer is my go-to. Plenty of pools with solid yields. 🔸 Liquidity Pools: equalizer.exchange/ 🔸 Concentrated Liquidity Vaults: cl.equalizer.exchange/ (Earn 50%+ APY with $FTM and $USDC!) You can also lock $EQUAL for $veEQUAL and earn fees from: • Market-Making (Liquidity Provision) • Spot Trading • Flash Loans But wait, there’s more! Equalizer isn’t just a DEX—it also launched Equity, a perpetual decentralized exchange! 📈 You can stake $EQUITY and earn ~24% APR. $EQUITY represents a share in a multi-asset pool yielding high APR from perpetual trading fees. Current pool assets: $FTM, $USDC. Link: v2.equity.equalizer.exchange… --------------------------- #2 $TAROT - @TarotFinance Tarot is an innovative decentralized lending protocol, but it doesn’t operate like traditional platforms such as AAVE. I’d describe it as “Beefy Finance with leverage capabilities.” 💪 Here’s how it works: Users can deposit DEX LP tokens (like from Equalizer) into Tarot Vaults and receive Vault Tokens. The LP tokens are farmed, and the rewards are auto-converted into more LP tokens and reinvested—just like Beefy, but with no % fees charged on profits. What sets Tarot apart is the ability to leverage your position up to 5x, boosting your yield significantly (with added risk). For instance, you can increase your yield on the WFTM-EQUAL pool from 24.70% to 113% with 5x leverage! ⚡️ Link: tarot.to/ --------------------------- #3 $BEETS - @beethoven_x Beethoven X currently has the largest TVL in the Fantom ecosystem, sitting at a whopping $21M! It’s a DEX and a liquid staking solution for FTM. You can stake your FTM for $sFTMX to earn native staking yield, while still using this token in DeFi apps to stack extra rewards! P.S. Holding/using FTM LSTs is a criterion for the upcoming Sonic airdrop, so it’s best to stake some FTM here: beets.fi/sftmx After staking, check out sFTMX pools on their platform. There’s an sFTMX-EQUAL pool yielding 30% APY 👀, and a sFTMX-FTM pool if you’re not a fan of impermanent loss. Explore the pools: beets.fi/pools Their governance token $BEETS has a $5M FDV, the smallest of all tokens mentioned here. You could speculate on this… NFA tho! 🤷‍♂️ Personally, I’m not big on governance tokens. --------------------------- #4 $BOO - @SpookySwap SpookySwap is the first DEX and AMM built on Fantom. There’s always room for first-movers in the space! It currently has the third-largest TVL on Fantom, just behind Beethoven X and WigoSwap. Aside from providing liquidity, you can stake your $BOO for xBOO to earn a share of the trading fees from all platform swaps! Link: v2.spooky.fi/#/pools --------------------------- #5 $BRUSH - @paint_swap PaintSwap Finance is the premier NFT Marketplace on Fantom. 🖼️ Since holding/selling/buying NFTs is part of the Sonic airdrop criteria, I highly recommend using this platform! Link: paintswap.finance/ You can also stake $BRUSH to earn rewards. It features a unique staking model where 50% of rewards are locked for 3 months in the Art Gallery. Link: paintswap.finance/staking They've also integrated @EstforKingdom, a Web3 game on Fantom. 🎮 If you're participating in the Galxe campaign by @0xSonicLabs, you’ve likely used this protocol! Galxe Link: app.galxe.com/quest/SonicLab… --------------------------- HONORABLE MENTION: $POLTER - @polterfinance Looking for a money market protocol? Check this out! It’s the lending protocol with the largest TVL of $7M (still a bit small, tbh). 📊 You can lend and borrow tokens like FTM, sFTMx, USDC, MIM, WSOL, BTC, ETH, and more. Currently, you can supply USDC to earn over 25% APY! You can even loop your position to increase exposure, but of course, it’s much riskier! Link: polter.finance/#/ Reminder: Lending and borrowing protocols are the most prone to hacks and exploits, so make sure to conduct thorough due diligence before putting your hard-earned money. 🔍 And that's all for today, frens! I’d really appreciate it if you like and share this post if you enjoyed reading it! Also, follow me for more updates and insights. 📰 --------------------------- Tagging these DeFi brains 🧠: @CryptoShiro_ @rektdiomedes @crypto_linn @DeFi_Made_Here @0xSalazar @TheDeFinvestor @milesdeutscher @eli5defi @DefiIgnas @CryptoGirlNova @Slappjakke @jake_pahor

For today's alpha, let's talk about Sonic's GasM program GasM stands for Gas Monetization, and it will be part of the @0xSonicLabs upgrade. I think a lot of people are overlooking this feature of Sonic. Many are too focused on the blockchain's TPS and airdrop potential, choosing to ignore what could be Sonic's biggest catalyst or most important feature --------------------------- What is GasM? GasM stands for Gas Monetization, and it is a program that allows developers of dApps to earn a % of the gas fees generated by users interacting with their protocols. This model is somewhat similar to the ad-revenue models seen in the Web2 space, where content creators earn money based on user engagement. --------------------------- How Does It Work? • Gas Fees Redistribution: When users interact with dApps that are part of the GasM program, they pay gas fees. Instead of all these fees going to validators, a portion is redirected to the developers of the dApps. • Performance-Based Rewards: The percentage of gas fees shared with developers can increase based on the success of their dApp. For top-performing dApps, up to 90% of the gas fees can be allocated to the developers, incentivizing them to improve their platforms and attract more users. • Encouraging Development: GasM aims to attract new builders to the Sonic ecosystem by providing a financial incentive tied to user engagement. --------------------------- The Significance of the GasM Program • Revenue Generation: As Sonic can theoretically handle over 100 million transactions per day, the potential for significant revenue generation for developers is substantial. This could lead to a thriving environment for dApp development. • User Engagement: The program encourages users to explore various dApps, as developers may choose to pass on some of their earnings as incentives to users, creating a win-win situation. • Sustainability: The incentives are derived from user interactions rather than external grants, allowing for a more sustainable model where funds can be reallocated to other critical areas of the ecosystem. --------------------------- Overall Impact The GasM program is designed to foster a positive feedback loop within the Sonic ecosystem. By boosting revenue for projects, it attracts more users to explore dApps while also offering potential rewards for dApp users. This approach ensures that the tokenomics of $S remains robust and is fundamentally driven by user engagement. The sustainability of $S is anchored in the incentives generated through user activity, rather than relying on on-chain grants. This allows for a more efficient allocation of resources, as grants can be redirected toward more critical initiatives that support the ecosystem's growth and development. --------------------------- What do you think about GasM, anon? #Crypto #DeFi #CryptoAlpha #Airdrop #CryptoNews #Web3 #NFT #Sonic #Fantom #Blockchain #FTM #Ethereum #Cryptocurrency #Finance #Investing #MoneyTalks