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Calling it here to claim clout later
$TREE will flip $BANANA within 6 months of integrating DEX trading into Tree Terminal
- Best trading terminal in crypto
- One-click ape any news/tweet/blog etc
- $23m market cap only
An industry standard 0.5% fee switch on DEX trading would likely earn $TREE holders $30m+ in annualized fees
FDV is also only 1/10 of $BANANA ($40m vs $400m)
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Haven't seen people talk about this but there's a good chance of several more $BLAST farming seasons after this season concludes
It's one of the few ways to maintain TVL and activity, and this strategy has proven very effective for Pacman on BLUR already
If my prediction is right, @fantasy_top_ should be the biggest beneficiary, being the biggest recipient of blast gold and also being able to solve their tournament incentives long-term
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My deck going into second Fantasy tournament
@boldleonidas
@0xjaypeg
@HerroCrypto
@wardaddycapital
@lilclearpill
I’ve trimmed the cost down from 16 to 6.5 ETH but this deck probably performs similarly
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Most important part of this announcement is the fact that you can now farm the ~65% APR on $USDE by *holding on CEX*
This should reasonably add several billion to $USDE market cap and benefit $ENA in the process
Excited to share one of the most important developments for USDe adoption to date
USDe will be integrated into @Bybit_Official:
i) Collateral to trade perpetuals while potentially capturing yield
ii) BTC and ETH spot pairs with zero trading fees
iii) Within the Earn platform
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Deposited 37 ETH to @fantasy_top_ on launch
Now have 42.68 ETH
Deck also worth ~13.35 ETH
That's 19.03 ETH ($58.25k) in profit in 5 days of trading!
Just hit a 6.6 > 15 ETH flip on @blknoiz06 card in 3 days!
Might be the highest @fantasy_top_ sale so far
I do think incentives for reaching a top rank in Fantasy were quite underwhelming
For example, my rewards for #2 were only about 15% higher than rank 50
Definitely not worth being a whale at this point in time imo
Best to just create a mid-tier budget deck
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Managed to reach #2 on first @fantasy_top_ top tournament!
Final cost of deck was ~18 ETH
Here's the rewards:
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The upcoming on-chain integration for $TREE is what will really spark it's run to $1+
Am confident price will get there even with no one shilling it, simply because the tech is unmatched
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Currently rank 5 @fantasy_top_ with <24h left
My faith is in your hands now @BigDickBull69
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$4.5m in revenue on day 1 of @fantasy_top_
For comparison, @friendtech took 10 days to reach this figure
.@fantasy_top_ deck assembled!
@BigDickBull69
@vydamo_
@boldleonidas
@blknoiz06
@blockgraze
pls carry me
.@fantasy_top_ stars pre-farm lasts only 5 days, after which you can withdraw your deposited ETH with no penalty
Expecting it to be a juicer, so I've deposited 37 ETH to farm
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$ENA
#1 in revenue
#87 -> #58 market cap
Top 30 is *still* inevitable
Refreshing to see someone apply TradFi knowledge to crypto in an effective manner
We’re blessed to have @chickengenius
Ethena $ena will keep grinding higher. Why?
It's a whales game. And 🐳 understand 🐳. Let me give you a preview on what goes on in our circle.
To a 🐳:
→ 3% on 100 million is $3M. More than you will ever make in your lifetime.
→ 10% on 10 million is $1M. While you make $20 per hour slaving your life away.
I remember last year JP Morgan offered 9.5% on perpetual bond. LOL, even JP Morgan's staff couldn't get hold on it.
When you step into whale world, it's not PvP. It's abundance, because it's so lonely up here.
So, in summary. Whatever your bear thesis are on Ethena, shaft it up your arse. You may be technically smart, but too poor to play the game.
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