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Exploring Promising Projects in the Arbitrum Ecosystem 🚀
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($AURA) Total Value Locked in Aura Finance, a DeFi Protocol, Surpasses $500M in TVL
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I only invest in altcoins that have utility or plans for charity at this point. AURA & ADA on Solana and FLOKI are the most solid as far as utility and charity go imo. Do your research and be careful investing in altcoins
AURA on Solana, they're about to do a presale, solid whitepaper and plans for charity. auradogtoken.com
The comments below are so detached from reality that it you can only assume the only things people have seen is either BTC or cumrocketinu69 coin Then again r/cc is the WORST place for any information on crypto as its always 5 years behind. There are hundreds of revenue-generating products and tokens that pay you the revenue of the platform for the services they provide. Theres literally entire sites dedicated for this like [https://defillama.com/fees](https://defillama.com/fees) and [https://tokenterminal.com/terminal/metrics/revenue#data-table](https://tokenterminal.com/terminal/metrics/revenue#data-table) Use DeFillama for more friendly UX and sort by holders revenue. These are all platforms and protocols that pay the user based on ACTUAL usage of their PRODUCT. Not minting tokens out of thin air, not some ponzi stuff, just actual usage and fees collected by people paying to use a service distributed to holders. \- GMX is the most solid example here being a leverage trading exchange on arbitrum. People pay fees to use the exchange and 30% of that gets distributed to holders of GMX. Same thing for GNS, SNX, LVL, and UNIDX on this list. \- Then you have protocols like THENA, VELODROME, CRV which are just normal spot trading DEXs which distribute some of the fees people pay to stakers of the token \- Then you have protocols like CONVEX, AURA, and RADIANT which have paying customers to do a service for them such as automated tasks, loan markets, or staking optimizer services. This whole narrative that anything besides BTC is just a ponzi is just an extremely butt hurt BTC maxi that their precious network cant do anything useful other than be traded on a CEX. Yes 99% of coins are ponzis but that's just a flawed interpretation of the statistic. 99% of stocks are also bullshit and 99% of companies are also bullshit. 99% of people that has started a restaurant has failed if it hasn't lasted more than 3 years. You see how the statistic means nothing? not even 1% of traded volume touches this 99% of ponzi esque projects so I'm not sure why its even brought up. If this was 2017 anyone can easily agree with you but this is what I mean by r/cc is literally 5 years behind because these tools and revenue-sharing products have existed for a very long time now. Anyone saying that crypto doesn't have any value backing its price is pushing a narrative or just completely clueless repeating some comment they read on forbes from 2014.
I mean…DeFi. I’m in a bunch of positions there. - stETH/ETH on AURA (Balancer) - ETH/wBTC/USDC on Convex (Curve) - I’m shorting USDT with AAVE - 2x long ETH on GMX - DAI in the gTrade vault - ETH/ARB 0.5% pool on UniSwap v3 The question is what do you need to do that you can’t do on Arbitrum. All the blue chips from L1 are deployed there with insanely deep liquidity.
Blue-chip DeFi tokens, mostly because I have a hypothesis that they'll fit into a kind of "value-premium" (outperformance early in the cycle) pocket within the asset class. CRV, CVX, BAL, AURA, UNI, AAVE, Compound, etc. (Some of those I hold either directly or accrued through farming). NFT markets/gaming is another interesting space but I foresee that space outperforming more mid to late cycle.
🚨🚨PRESALE 8th July🚨🚨 GLUON is a decentralized fashion marketplace putting competitors into the ground! 💰Crypto in-App purchases. 💰Real life utility to attract new investors 💰Lowest fees in the business 🚨Marketcap of <50k$ at launch! 💹Staking rewards up to 700% APY 💹High buy / sell tax rewarding presale participants GLUON backers / partnerships: 📌LVMH Group (Largest high-end fashion group) 📌Prada Group 📌AURA Protocol Holding-Term: short for quick gains - long if u wanna make profits from APY Risk assessment: 🟠 Presale will sell first, wait for the dip 🟢 Huge niche community 🟢 Publicly doxxed team Website: gluonproject.io Twitter: twitter.com/gluonproject Telegram: t.me/gluonprojectchat Whitelist bot @gluonwlbot