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💯⚡️🧙♂️🪞$SPX Spotlight
As $BTC hits all-time highs and $ADA now identifies as a BTC L2 solution, the crypto market is abuzz with activity. Among the noise, meme coins are emerging as a significant force, capturing the attention of both new and seasoned investors. In this fast moving industry, let's dive into one of the most powerful communities in this cycle, spotlighted in Murad Mahmudov's meme coin supercycle thesis; SPX6900.Murad's List 🌈Murad Mahmudov has been a prominent figure in the crypto sp...
💯⚡️🧙♂️🪞45 - Back from Vacation
Greetings, fellow investors, speculators, gamblers, degens, and builders. I'm back and diving deep into the burgeoning BTC ecosystem. With the recent surge of scaling solutions, the space is experiencing a Cambrian explosion of projects. I've personally invested in the BOB ecosystem through their Spice points program. While I'm familiar with projects like Babylon and Botanix, I'm particularly intrigued by Babylon's expansion of their LST and LRT protocols to other BTC...
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A common speculation in innovation today is the crossroads of crypto and AI. In December 2024, at the peak of recent market participation, many projects launched as little more than chatbots with a tokens sharing the same name. Yet, a few stood out with promise. Take AgentXBT ($AGXBT), for instance, which uses its token as a paywall to access its model—holding the token grants users access to prompt the AI. 🌁 Today, I want to highlight Venice.ai’s $VVV token, now enabled on Sideshift.ai. Use...
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💯⚡️🧙♂️🪞$SPX Spotlight
As $BTC hits all-time highs and $ADA now identifies as a BTC L2 solution, the crypto market is abuzz with activity. Among the noise, meme coins are emerging as a significant force, capturing the attention of both new and seasoned investors. In this fast moving industry, let's dive into one of the most powerful communities in this cycle, spotlighted in Murad Mahmudov's meme coin supercycle thesis; SPX6900.Murad's List 🌈Murad Mahmudov has been a prominent figure in the crypto sp...
💯⚡️🧙♂️🪞45 - Back from Vacation
Greetings, fellow investors, speculators, gamblers, degens, and builders. I'm back and diving deep into the burgeoning BTC ecosystem. With the recent surge of scaling solutions, the space is experiencing a Cambrian explosion of projects. I've personally invested in the BOB ecosystem through their Spice points program. While I'm familiar with projects like Babylon and Botanix, I'm particularly intrigued by Babylon's expansion of their LST and LRT protocols to other BTC...
💯⚡️🧙♂️🪞$VVV Spotlight
A common speculation in innovation today is the crossroads of crypto and AI. In December 2024, at the peak of recent market participation, many projects launched as little more than chatbots with a tokens sharing the same name. Yet, a few stood out with promise. Take AgentXBT ($AGXBT), for instance, which uses its token as a paywall to access its model—holding the token grants users access to prompt the AI. 🌁 Today, I want to highlight Venice.ai’s $VVV token, now enabled on Sideshift.ai. Use...
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All right, we have here the Eigenlayer. I'm going to write this out as if I'm explaining this to my mom.
PoS and LSD 💧
Let's start with ETH a PoS chain; a Proof of Stake network securing itself by staking its own coin into a yield accruing mechanism calculating ETH emissions and usage from the protocol. It's a pretty straightforward concept. We add onto it LSDs or Liquid Staking Derivatives which allows for those staked assets to be wrapped and used while still accruing yield. Examples such as stETH, rETH allow users to use their underlying ETH in DeFi and onchain activities while securing the network.
Restaking ♻️
Eigenlayer proposes to recycle those tokens via a technique called restaking. The proposal is to use the security of ETH and its derivatives for further dAPP development specifically through AVS's; Actively validated services. Such use cases are currently Bridges, Oracles, and SaaS or any other project with the trust-minimized, decentralized, crypto ethos. One issue with AVSs is that they have to create tokens to decentralize their protocol, making the overhead costly, especially for newcomers and edge products. Projects often require liquidity mining for their protocol to function properly. Eigenlayer's restaking creates a new marketplace for AVSs to deploy their product by leveraging the restaked ETH. This idea is essentially shared security and it’s not new. ATOM does it with their 'consumer chains', and DOT explores this with their 'parachains', Eigenlayer deployed a DA AVS as its first use case, and currently over 50 AVSs are in production. The $EIGEN token can be staked and rewarded to the stakers although this is thankfully not a requirement for all AVSs, they can reward restakers with a token of their choice. $EIGEN is also be used for governance.
Sideshift in to $EIGEN 🎈
If you didn't farm this token and missed out on the airdrop but want to get your anon hands on some $EIGEN then head over to Sideshift.ai where users can swap directly from their wallet from over 200 coins. Use my referral link below! I will leave you with a meme by yours truly.
https://docs.eigenlayer.xyz/assets/files/EigenLayer_WhitePaper-88c47923ca0319870c611decd6e562ad.pdf
https://docs.eigenlayer.xyz/assets/files/EIGEN_Token_Whitepaper-0df8e17b7efa052fd2a22e1ade9c6f69.pdf
All right, we have here the Eigenlayer. I'm going to write this out as if I'm explaining this to my mom.
PoS and LSD 💧
Let's start with ETH a PoS chain; a Proof of Stake network securing itself by staking its own coin into a yield accruing mechanism calculating ETH emissions and usage from the protocol. It's a pretty straightforward concept. We add onto it LSDs or Liquid Staking Derivatives which allows for those staked assets to be wrapped and used while still accruing yield. Examples such as stETH, rETH allow users to use their underlying ETH in DeFi and onchain activities while securing the network.
Restaking ♻️
Eigenlayer proposes to recycle those tokens via a technique called restaking. The proposal is to use the security of ETH and its derivatives for further dAPP development specifically through AVS's; Actively validated services. Such use cases are currently Bridges, Oracles, and SaaS or any other project with the trust-minimized, decentralized, crypto ethos. One issue with AVSs is that they have to create tokens to decentralize their protocol, making the overhead costly, especially for newcomers and edge products. Projects often require liquidity mining for their protocol to function properly. Eigenlayer's restaking creates a new marketplace for AVSs to deploy their product by leveraging the restaked ETH. This idea is essentially shared security and it’s not new. ATOM does it with their 'consumer chains', and DOT explores this with their 'parachains', Eigenlayer deployed a DA AVS as its first use case, and currently over 50 AVSs are in production. The $EIGEN token can be staked and rewarded to the stakers although this is thankfully not a requirement for all AVSs, they can reward restakers with a token of their choice. $EIGEN is also be used for governance.
Sideshift in to $EIGEN 🎈
If you didn't farm this token and missed out on the airdrop but want to get your anon hands on some $EIGEN then head over to Sideshift.ai where users can swap directly from their wallet from over 200 coins. Use my referral link below! I will leave you with a meme by yours truly.
https://docs.eigenlayer.xyz/assets/files/EigenLayer_WhitePaper-88c47923ca0319870c611decd6e562ad.pdf
https://docs.eigenlayer.xyz/assets/files/EIGEN_Token_Whitepaper-0df8e17b7efa052fd2a22e1ade9c6f69.pdf
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