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- #23 The Sixth Sense (13th July - 19th July'23)
#23 The Sixth Sense (13th July - 19th July'23)
Your daily dose of on-chain alpha.
Welcome to the 23nd issue of The Sixth Sense. Let’s dive into the major events, catalysts, narratives brewing in the on-chain ecosystem.
On-chain Metrics, statistics and standings
TVL (in the on-chain ecosystems) is $50b:
(Source: https://defillama.com/chains)
Big Unlocks on the horizon:
(Source: https://defillama.com/unlocks)
Ethereum Money Supply decreased by 299 ETH in the last 24 hours because of low demand on the mainnet:
(Source: https://ultrasound.money/)
Moving on to the major events in the on-chain economy:
Polkadot to abandon parachain auction system
NEWS: Polkadot to abandon parachain auction system
blockworks.co/news/polkadot-…
— Blockworks (@Blockworks_)
6:03 PM • Jul 14, 2023
Mantle Mainnet goes live:
It's Official: Mantle Mainnet is Live! 🚀
Mantle Network is now open to all blockchain users, from developers to users.
We are thrilled to achieve this significant milestone and express our gratitude to every community member who got us here! 💫
📖 mantle.xyz/blog/announcem…
— Mantle (@0xMantle)
9:26 AM • Jul 17, 2023
Gnosis launches Visa card that lets you spend self-custody crypto in Europe, soon US and Hong Kong:
Gnosis launches Visa card that lets you spend self-custodial crypto in Europe, soon US and Hong Kong by @ritacyliao
— TechCrunch (@TechCrunch)
10:01 AM • Jul 17, 2023
Lens Protocol launched their V2:
Introducing Lens Protocol V2
— Lens Protocol (@LensProtocol)
9:30 AM • Jul 17, 2023
Dune announces the Dune Airdump:
🚨👀Hot news for all farmers 👨🌾😱♨️
The moment has arrived, we are announcing... 🥁🥁🥁
...The Dune Airdump!!! 🪂💩🎉
dune.com/airdump
Anyone with their address connected to Dune can mint
1 of 1337 steaming hot turds 💩♨️👊— Dune (@DuneAnalytics)
2:49 PM • Jul 14, 2023
Ribbon Finance, announced a new governance proposal, planning to merge into its derivatives trading platform Aevo:
The snapshot to merge Ribbon Finance into Aevo is now live!
Vote before 7:30am UTC on July 25⏳
snapshot.org/#/rbn.eth/prop…
— Ribbon Finance (@ribbonfinance)
7:34 AM • Jul 18, 2023
Polygon token switch from MATIC to POL for more utility:
1/ Today, the next technical proposal of Polygon 2.0 is unveiled:
POL, the upgraded token of the Polygon protocol! 💫
POL is the next generation native token, designed to secure, align and grow the Polygon ecosystem.
Watch the video to get an idea how cool it is, then 🧵
— Polygon (Labs) (@0xPolygonLabs)
9:48 AM • Jul 13, 2023
Uniswap is now live on the AVAX chain:
Uniswap is now live on the @avax chain ✨
Start swapping your fave Avalanche tokens on the Uniswap website!
app.uniswap.org/#/swap— Uniswap Labs 🦄 (@Uniswap)
5:01 PM • Jul 12, 2023
Fuji finance V2 public launch :
Hey Anon 👻,
We’re thrilled to announce that we are publicly launching our V2, known as #Himalaya, which is the first cross-chain money market aggregator.
Get started here: app.fuji.finance
Let’s dive into it 👇🏻
— Fuji Finance | Cross-chain (@FujiFinance)
4:00 PM • Jul 12, 2023
Celsius Network banned from trading and fined $4.7B by FTC:
🆘️BREAKING: SEC SUES CELSIUS NETWORK & ITS FOUNDER ALEX MASHINSKY & ARRESTED 👀
CELSIUS NETWORK BANNED FROM TRADING, FINED $4.7B BY FTC
#Bitcoin#Bitcoinu#Ethereum#Crypto/
— Ajay Kashyap (@EverythingAjay)
2:05 PM • Jul 13, 2023
Europe to launch first spot Bitcoin ETF this month:
Uniswap launches UniswapX— a new permissionless, open source (GPL), auction-based protocol for trading across AMMs & other liquidity sources:
1/ New beta drop! 👀
Meet UniswapX⚡— a new permissionless, open source (GPL), auction-based protocol for trading across AMMs & other liquidity sources.
TL;DR: Over time, it’ll give users more liquidity, better prices, MEV protection, & gas-free swapping!
Opt-in to the beta👇 https://
— Uniswap Labs 🦄 (@Uniswap)
3:00 PM • Jul 17, 2023
zkSync launches new proof system called Boojum for Era mainnet:
Say hello to Boojum 👋: zkSync Era’s new high-performance proof system for radical decentralization. Boojum is an upgrade that will transition zkSync Era to a STARK-powered proof system, providing world-class performance on consumer-grade hardware.
💡 Learn more:… twitter.com/i/web/status/1…
— zkSync ∎ (@zksync)
6:05 AM • Jul 17, 2023
Kennedy Jr. proposes to eliminate capital gains taxes on Bitcoin to USD conversions
JUST IN - 🇺🇸 U.S. Presidential candidate Robert F. Kennedy Jr. proposes to eliminate capital gains taxes on #Bitcoin to dollar conversions
— Bitcoin Magazine (@BitcoinMagazine)
2:17 AM • Jul 19, 2023
The Torres Doctrine: "Crypto assets are not securities in themselves but can be sold as part of investment contracts, which do qualify as securities."
🚨 Needless to say, regulating digital assets through enforcement only had a dreadful day in court last week.
In the wake of the resounding decision out of the SDNY Ripple case, @SECGov must reassess its continued assault on the crypto industry.
My letter to Chair Gensler:
— Rep. Ritchie Torres (@RepRitchie)
2:54 PM • Jul 18, 2023
Venus Protocol v4: introducing Isolated Pools:
Venus is excited to announce another major milestone for its V4 upgrade: Introducing Isolated Pools🚀
With this launch, Venus adds extensibility and scalability to the largest liquidity protocol on @BNBCHAIN💪🏽
It marks a big moment for DeFi becoming a truly global movement. 🌍
— Venus Protocol (@VenusProtocol)
9:44 PM • Jul 14, 2023
Bitcoin Staking Protocol Babylon releases it’s LitePaper:
🥁We're proud to release the 1st public version of our #Bitcoin#Staking Protocol's LitePaper:
- in our New Forum forum.babylonlabs.io/t/announcing-t…
Describing the key components towards unlocking 21M $BTC to secure the Proof-of-Stake Economy
— Babylon (@babylon_chain)
2:17 AM • Jul 14, 2023
Coinbase restricts staking in four US States:
1/ As you might have heard, on June 6, 10 US states initiated proceedings related to Coinbase’s retail staking services. Let’s dig into what this means for our customers.
— Coinbase 🛡️ (@coinbase)
8:28 PM • Jul 14, 2023
Sablier V2 is live:
1/ We are incredibly excited to announce the release of Sablier V2! ⏳
Sablier V2 is a next-generation token streaming protocol that doubles down on our flagship Lockup design.
Discover it now at sablier.com
— Sablier (@Sablier)
7:02 PM • Jul 13, 2023
Binance completes integration of Bitcoin Lightning Network:
Binance completes integration of Bitcoin Lightning Network
— The Block (@TheBlock__)
8:56 AM • Jul 17, 2023
Maple Finance announces H2 plans to scale their product for institutions:
In H2 Maple will introduce innovative features which will delight institutional users with a familiar, high-touch experience, make accessing permissioned pools friction-free, and prepare to scale through expanding Maple's interoperability across Web3.
twitter.com/i/web/status/1…
— Maple (@maplefinance)
11:45 AM • Jul 18, 2023
Liquity announces v2, a delta-neutral stablecoin coming in 2024, promising improvements on scalability, stability, and decentralization:
Why do we need Liquity v2?
Liquity v1 has been a game changer in the #DeFi world.
LUSD is the only major truly decentralized stablecoin in DeFi, only backed by ETH
It’s time to step up and provide a better alternative to centralized coins like USDC and USDT.
✅ A stablecoin… twitter.com/i/web/status/1…
— Liquity @ ETHCC 🇫🇷 (@LiquityProtocol)
4:43 PM • Jul 15, 2023
Learning guide, philosophical thoughts and airdrop sheets:
To unlock the full power of alpha on twitter, consider utilizing this lists:
Twitter continues to be a valuable source of alpha, but only if you are organized.
To unlock the full power of alpha, consider utilizing lists.
Here are my curated lists that you should follow 🧵👇
— defizard (@belizardd)
3:58 PM • Jun 22, 2023
Use AI for gains:
AI algorithms are making hedge funds MILLIONS
DeFi is emulating it and its shocking ways beat the market.
A one-pager and 🧵👇
(RT, Bookmark and Comment so you don't lose it)
— arndxt (@arndxt_xo)
11:30 AM • Jul 17, 2023
TOP 5 $ARKM airdrop receivers:
I just found the identity of TOP 5 $ARKM airdrop receivers!
All of them made more than 6 figs❗️
Let's dive into their addresses and track them, so we don't miss the next airdrops🫡
Biggest Arkham airdrop receiver is @laurakornelija, who made over ~$180k!
1/ 🧵— Amir Ormu (@AmirOrmu)
1:46 PM • Jul 18, 2023
A thread/guide on retroactive Airdrops:
I have friends that have made 6 figures+ from the Arkham airdrop.
DO NOT fade retroactive airdrops, they can be life-changing.
Here’s your go to guide on retroactive airdrops: 🧵 👇
— hoeem (@crypthoem)
7:43 PM • Jul 18, 2023
Funnels are dead, Build flywheels instead:
Funnels are dead.
Build flywheels instead.
Here is everything you need to leverage the endless power of flywheels for your community:
— alea.eth 🔮 (@alea_eth)
4:52 PM • Jul 18, 2023
And that’s a wrap for the today. The Sixth Sense is a reader supported project. Consider subscribing to our newsletter to receive our daily dose of alpha in your inbox.
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