InfoSpace OG ◱ ◱ (@infospace_og) • Hey

•Medic •Buidl @info_space_dao •Content @TheNirvanAcad •Content Creator: @xdxexchange •UX Writer: @NFT__NG •Portfolio http://linktr.ee/infospace_og

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My Lensta Food Photo Contest Entry: Doner Kebab Wrap, Fries and Cola Pop @lenstaxyz.lens #Lensta #Lenstaxyz
Improved version of app to track your Lens followers trend and forecast: https://predictcrypto.shinyapps.io/lens_followers_trend/ This version no longer runs into errors that were being caused by rate limiting. Once data is loaded caching is implemented so you can now get immediate refresh when changing forecasted number of days. There is now also a tab with a table where you can export the daily data.
GM to this new week to all my new follower. This account is providing a mix of Web3 related topics, token research and of course shitposts. Check my profile for more information.
“Life is not a problem to be solved, but a reality to be experienced.” – Soren Kierkegaard
Two things are inevitable in markets. There will be both bull and bear markets. Prepare for both accordingly. #bitcoin    #crypto #stocks
$ARB Airdrop will be available to claim later in the week and like many #Airdrops before, a lot of people will get burnt trying to Degen in other projects. To save you from being among , I’ve curated a #Thread on 5 Risk management strategies you should use. A Must Read. ❤️ & RT [InfoSpace OG on Twitter](https://twitter.com/InfoSpace_OG/status/1637885359219417089) “$ARB Airdrop will be available to claim later in the week and like many #Airdrops before, a lot of people will get burnt trying to Degen in other projects. To save you from being among , I’ve curated a #Thread on 5 Risk management strategies you should use. A Must Read. ❤️ & RT”
Gm Fam.
Are you a Newbie in #Crypto who needs professional investment strategies to thrive? Look no more, there’s a simple & profitable system now. A detailed 🧵on the #CopyTrading protocol being built by @PerpyFinance Read, ❤️ & RT. #Arbitrum #Trading #PerpyTC $PRY Outline ❓Introduction to Perpy Finance ❓The Problem ❓Perpy Finance as the Solution ❓How it Works ❓Partnerships & Others ❓Tokenomics ❓Presale Launch ❓Pros of Perpy Finance ❓Personal Thoughts ❓Additional Resources 1️⃣Introduction @PerpyFinance is an on-chain protocol that allows access to copy trading on a decentralized perpetual exchange. Through its dex, the protocol is pioneering the concept of connecting #Crypto traders with professional investors in a non-custodial & transparent way. 2️⃣The Problem A lot of crypto newbies who are interested in trading assets lack adequate knowledge required to be profitable. Also, professional traders/investors who have the required knowledge and are profitable find it hard to launch a fund seamlessly as is done in #Web2. Thus, there is a gap between the professional traders who have the skill to make profitable trades and newbies who need someone to trade their funds for profitable returns. This is the gap @PerpyFinance is bridging. 3️⃣The Solution To bridge the gap between professional traders & individuals who need trading guides, @PerpyFinance is building a non-custodial and transparent copy-trading protocol that allows anyone to follow the trading strategies of professional traders through their vaults. This solution benefits both the trader and the follower. As a follower, you can copy the most successful traders and make profit based on their trade setups. As a trader, Perpy allows you to monetize your trading skills through your followers’ performance fees. 4️⃣How it Works Perpy’s copytrading solution is directly linked to @GMX_IO through smart contracts. These contracts creates vaults for traders through which they’re able to trade user’s deposits The trading vault shows the trader’s performance and the structure of their strategy. After traders create their trading vaults, followers make deposits & in return, receives an amount of shares corresponding to an ERC-20 contract which act as a proof of deposit. The owner of the vault can then trade with the vault’s fund as though he’s trading from his wallet. However, to protect users & allow them withdraw their funds when they want, these limitations were added; 1- Traders do not have access to withdraw funds in the Vaults. They can only trade with it. 2. Traders can only trade at market/spot. 3. A stop loss & take profit system integration. 4. After a trade is closed, the vault goes back to USDC & not the traded assets. These allow a dynamic and persistent vault system where users do not need to enter the vault after a trade or experience funds lockup. Traders & @PerpyFinance generate revenue from trades through performance fees. This fee is at the discretion of Traders and ranges between 10-50% of profit generated. @PerpyFinance also generates revenue from exit fees paid by users which ranges from 0.3-5% of withdrawal. 5️⃣Partnerships & others @PerpyFinance has partnered with a number of innovative projects including @GainsNetwork_io @vertex_protocol @lyrafinance @PythNetwork @Level__Finance. The goal of these is to promotes its aim of creating a cross-chain copytrading ecosystem that benefits both the trader and the followers. @PerpyFinance is also working on its NFT collection (NFT Pepey). This is aimed at enabling the creation of a strong community that will be recognisable in PFPs. Holding a Pepey will provide you discounts when using Perpy. Stay tuned! 6️⃣Tokenomics $PRY is the native token of Perpy Finance. It is a deflationary token with a hard cap of 1 billion. The token performs certain key functions including; 1. Real yield 2. Governance 3. Fee Rebate 4. Lens Integration 5. Vault Advertising 6. Priority Access. $PRY distribution chart is presented below. 25% goes to public sale, 30% to the community/Ecosystem, 10% to the team, 30% to the Perpy Foundation and 5% for future team members. $PRY has no emission and 100% of its real yield is distributed to stakers. 7️⃣Presale/Public Sale Launch @PerpyFinance is hosting its public sale on @CamelotDEX on @arbitrum. The sale model is a fixed-price sale of $0.02 with a hard cap. -Supply: 250million $PRY -Duration: 2pm UTC on Mar, 16 to 8pm UTC on Mar, 19. -Hardcap: $5m -Mode: Whitelist 8️⃣Personal Thoughts: 🔹Copytrading is an unexplored terrain especially by Dexes. This innovation by @PerpyFinance is a game changer 🔹The ability of the team to self-fund & build w/o a Vc shows commitment. This is a pro 🔹Getting in on the public sale should be profitable. NFA If you find this insightful, kindly ❤️& Stake, and drop your thoughts. I’d love to read them. Also, follow me to stay updated on emerging innovations in the #DeFi Space.
In my last 🧵, I explained the top strategies used by #DeFi traders to maximize returns Making use of strategies to stay on top of the DeFi game requires research & analytical tools In this #Thread, I compiled a list of 15 basic tools to kickstart your DeFi Journey A 🧵, ❤️ and stake. Before we go further, you should check out my last #Thread on Top #DeFi Strategies If you haven’t. It discusses Token buying & selling, real yield farming and arbitraging. Read, interact and let me know your thoughts. Research in #DeFi is daunting especially to the newbie. However, amazing tools have been created to help smoothen the journey. Making profit in DeFi requires a combination of your effort and these Tools. Utilise these tools to 20x your research speed and 10x your portfolio. Basic Research Tools (Finding Tokens) 🔹@coingecko: CoinGecko app provides you with a fundamental analysis of #Crypto Tokens. Helps to track price, volume, market cap, and valuation. Also lists exchanges where you can buy tokens & info on the token. coingecko.com 🔹@dexscreener: multi-chain tool that shows real-time price charts & trading history across Dexes Displays chain the token is on, Dexes to buy, price, liquidity, buy and sell volumes, holder number, contract addresses & links to SM Good for new listings and tracking low caps 🔹@ListingSpy: crypto token listing aggregator on Top Dexes and Cexes. Will help you track tokens and when they get listed on top exchanges. Upcoming listings, IDOs, ICOs and IEOs are featured. This helps you stay informed and take charge of opportunities provided by these. 2️⃣ Analytics Tools (further research) 🔹@tokenterminal: I use this tool to check & analyse comprehensive project data; - which protocols are money flowing to, which ones are making revenue, the price to fee ratio (the lower it is, the more the token is undervalued) & other data 🔹@ArkhamIntel: crypto intelligence tool that allows you to search, filter & sort transactions & trades by value, token & counterparty. You can track individual or project’s TRXs & get info before it gets to social media. Kudos to @sircryptokami for giving me access to this. 🔹@DefiLlama: largest TVL aggregator. You can get info on how fund is flowing to a chain, project or group of tokens, and the % change compared to the last day/week/month. This info can be compared to the price to enable you decide whether a project is undervalued or not. 🔹@DuneAnalytics: data tool that helps you research individual projects, sectors of projects (gaming tokens) or an entire ecosystem (polygon). With this tool, almost every blockchain data & metrics of a project can be visualized and make meaning of. Example below; 3️⃣Smart Money Tools (Know what the whales are buying) 🔹@etherscan: these tools help you track transactions and view what is happening with individual and projects’ wallets Using this tool well, you can keep track of whales wallets using watchlist & buy into what they’re buying 🔹@CieloFinance: powerful analytic tool to track wallets, get info on major events (token unlocks, mega hacks & Onchain drama) & monitor dex pools. Most amazing part; you even get alerts on Telegram when these events happen. Great smart money tool especially for whale apeing. 🔹@DeBankDeFi: provides a #DeFi Dashboard that allows you to track your portfolio, access data and analytics for Dexes, tokens & lending protocols across networks. This allows you to make informed decision before buying tokens or participating in real yield farming. 4️⃣Buying & Selling Tools 🔹Trading Bots: helps you buy & sell tokens automatically. Also monitor price actions & overview PnL for the current trade(s). The most commonly used trading bots open to users is @MaestroBots. Helps users link their wallet to TG & use for trades. 🔹Nodes: allow you to make your trxs yourself in a faster way. With nodes, you’d carry out your Trx yourself, but the nodes allow your transactions to go to the mempool first. Hence, it gets approved faster. This allows you buy faster during buys. @JustCubesNFT & @FlipprTool 5️⃣Safety Tools 🔹@PocketUniverseZ: protects you from phishing scams and wallet drainers Pocket universe shows you exactly what happens in a transaction (whether you get drained, or it’s safe). They’re also creating @PocketProtectZ, a tool to get your $ back when you get drained 🔹@DefiSafety: gives specific & actionable technical risk intelligence on the smart contracts of projects to prevent you from falling victim to rugpulls #DeFi Safety audit & verifies protocols, and present their safety score. A high score shows safety and a low score shows risk 🔹@Token_Sniffer: helps you to differentiate scam tokens & honeypots from real tokens. Token Sniffer does an audit of the token contract address and provide you with a score and analysis of the score. I recommend for detecting whether a new token is sellable or an honeypot. Personal Thoughts: 🔹For people w/o the time and tech know-how to comb through raw data, tools are the best 🔹The tools mentioned above are basic tools every DeFi enthusiast can make use of. Most are mobile-friendly 🔹I’d be writing more on each of the tools & how to use them
It is good to be here. Ngl #Yasai
What are CryptoCurrencies and How are they Transforming our World? An average web3 ‘newbie’s’ first question is: ‘What are Cryptocurrencies and why are y’all trading them’. In this 🧵, I’d give an overview of what #Cryptos are and how they’re transforming our world. 🔹 Cryptocurrencies are digital assets designed to function as a medium of exchange between individuals to secure financial transactions, control the creation of additional units, and verify the transfer of assets. They are decentralized, meaning they operate independently of a central authority, and rely on a distributed ledger technology called blockchain to work. Cryptocurrencies have revolutionized our world by introducing new possibilities for financial transactions, particularly in terms of speed, security, and global reach. They have also challenged traditional financial systems and institutions, providing alternatives for those who are unbanked or underbanked. Additionally, cryptocurrencies have spawned new business models, such as Initial Coin Offerings (ICOs) and Decentralized Finance (DeFi), which offer innovative solutions to traditional financial problems. Having discussed what cryptocurrencies are, let’s look at the benefits of #Crypto when compared with traditional finance. The benefits of cryptocurrencies include; 1. Decentralization: Cryptocurrencies are decentralized, meaning they operate independently of a central authority. This makes them resistant to censorship, confiscation, or other forms of control by governments or financial institutions. Your Keys, Your Coins! 2. Security: Cryptocurrencies use strong cryptography to secure financial transactions, making them less vulnerable to fraud or hacks. Transactions are recorded on a public blockchain, providing transparency and immutability. Like they say, nothing is hidden on the blockchain! 3. Speed: Cryptocurrency transactions can be completed in real-time, 24/7, and can be processed globally without the need for delays associated with traditional financial systems. You don’t need to wait 3-days (as you do in the normal banking system) for Trx to process. W! 4. Lower transaction fees: Compared to traditional financial systems, cryptocurrency transactions can be much cheaper, especially for cross-border transactions. Cross-border transactions on #FTM costs less than 1cent, while that on Wise costs up to $15. W! 5. Accessibility: Cryptocurrencies provide access to financial services for people who are unbanked or underbanked, allowing them to transact with others and participate in the global economy. One of the aims of the blockchain is to ‘Bank the Un-Banked!’ 6. Innovation: Cryptocurrencies have spawned new business models, such as Initial Coin Offerings (ICOs), Initial Exchange Offerings (IEOs), & Decentralized Finance (DeFi), which offer innovative solutions to traditional financial problems The benefits of #Crypto are enticing; however, it has its own drawbacks. These include; 1. Price volatility: Cryptocurrencies can experience significant price fluctuations, which can cause financial losses for investors and traders. The concept of stable coins helps to reduce exposure to this. 2. Lack of regulation: Atm, the #crypto space is largely an unregulated environment, which can increase the risk of fraud, scams, and illegal activities such as money laundering and terrorism financing. 3. Security vulnerabilities: While cryptocurrencies use strong cryptography to secure transactions, they can still be vulnerable to hacking, theft, and other security breaches. 4. Limited adoption: Despite the growing popularity, cryptocurrencies are still not widely accepted as a means of payment, which limits their usefulness in everyday transactions. 5. Technological complexity: Cryptocurrencies and blockchain technology can be difficult to understand and use for the average person, which may limit their adoption and growth. However, with a little research, the basics can be learnt. Overall, cryptocurrencies offer a new paradigm for financial transactions, introducing speed, security, and accessibility to a global audience. While cryptocurrencies offer many benefits, they also present significant risks and challenges. Regardless of the risks and challenges associated with #crypto, their benefits are significant and continue to attract new users and investors. This 🧵 does not contain all what #crypto entails; however, it provides an overview for the newbie to learn from. [InfoSpace OG on Twitter](https://twitter.com/InfoSpace_OG/status/1625171820793020424) “What are CryptoCurrencies and How are they Transforming our World? An average web3 ‘newbie’s’ first question is: ‘What are Cryptocurrencies and why are y’all trading them’. In this 🧵, I’d give an overview of what #Cryptos are and how they’re transforming our world. ❤️ & RT 1/”
What are CryptoCurrencies and How are they Transforming our World? An average web3 ‘newbie’s’ first question is: ‘What are Cryptocurrencies and why are y’all trading them’. In this 🧵, I’d give an overview of what #Cryptos are and how they’re transforming our world. 🔹 Cryptocurrencies are digital assets designed to function as a medium of exchange between individuals to secure financial transactions, control the creation of additional units, and verify the transfer of assets. They are decentralized, meaning they operate independently of a central authority, and rely on a distributed ledger technology called blockchain to work. Cryptocurrencies have revolutionized our world by introducing new possibilities for financial transactions, particularly in terms of speed, security, and global reach. They have also challenged traditional financial systems and institutions, providing alternatives for those who are unbanked or underbanked. Additionally, cryptocurrencies have spawned new business models, such as Initial Coin Offerings (ICOs) and Decentralized Finance (DeFi), which offer innovative solutions to traditional financial problems. Having discussed what cryptocurrencies are, let’s look at the benefits of #Crypto when compared with traditional finance. The benefits of cryptocurrencies include; 1. Decentralization: Cryptocurrencies are decentralized, meaning they operate independently of a central authority. This makes them resistant to censorship, confiscation, or other forms of control by governments or financial institutions. Your Keys, Your Coins! 2. Security: Cryptocurrencies use strong cryptography to secure financial transactions, making them less vulnerable to fraud or hacks. Transactions are recorded on a public blockchain, providing transparency and immutability. Like they say, nothing is hidden on the blockchain! 3. Speed: Cryptocurrency transactions can be completed in real-time, 24/7, and can be processed globally without the need for delays associated with traditional financial systems. You don’t need to wait 3-days (as you do in the normal banking system) for Trx to process. W! 4. Lower transaction fees: Compared to traditional financial systems, cryptocurrency transactions can be much cheaper, especially for cross-border transactions. Cross-border transactions on #FTM costs less than 1cent, while that on Wise costs up to $15. W! 5. Accessibility: Cryptocurrencies provide access to financial services for people who are unbanked or underbanked, allowing them to transact with others and participate in the global economy. One of the aims of the blockchain is to ‘Bank the Un-Banked!’ 6. Innovation: Cryptocurrencies have spawned new business models, such as Initial Coin Offerings (ICOs), Initial Exchange Offerings (IEOs), & Decentralized Finance (DeFi), which offer innovative solutions to traditional financial problems The benefits of #Crypto are enticing; however, it has its own drawbacks. These include; 1. Price volatility: Cryptocurrencies can experience significant price fluctuations, which can cause financial losses for investors and traders. The concept of stable coins helps to reduce exposure to this. 2. Lack of regulation: Atm, the #crypto space is largely an unregulated environment, which can increase the risk of fraud, scams, and illegal activities such as money laundering and terrorism financing. 3. Security vulnerabilities: While cryptocurrencies use strong cryptography to secure transactions, they can still be vulnerable to hacking, theft, and other security breaches. 4. Limited adoption: Despite the growing popularity, cryptocurrencies are still not widely accepted as a means of payment, which limits their usefulness in everyday transactions. 5. Technological complexity: Cryptocurrencies and blockchain technology can be difficult to understand and use for the average person, which may limit their adoption and growth. However, with a little research, the basics can be learnt. Overall, cryptocurrencies offer a new paradigm for financial transactions, introducing speed, security, and accessibility to a global audience. While cryptocurrencies offer many benefits, they also present significant risks and challenges. Regardless of the risks and challenges associated with #crypto, their benefits are significant and continue to attract new users and investors. This 🧵 does not contain all what #crypto entails; however, it provides an overview for the newbie to learn from. [InfoSpace OG on Twitter](https://twitter.com/InfoSpace_OG/status/1625171820793020424) “What are CryptoCurrencies and How are they Transforming our World? An average web3 ‘newbie’s’ first question is: ‘What are Cryptocurrencies and why are y’all trading them’. In this 🧵, I’d give an overview of what #Cryptos are and how they’re transforming our world. ❤️ & RT 1/”
Hey!!! It’s nice to be here!