Tom Wan
@tomwanhh
head of data @entropyadvisors | prev. @21co__ @21shares views are my own & NFA
Our Final Ethena Dashboard is out Check out the thread below to learn more about their financials and the upcoming fee switch! Below is for all the pivot table lovers.
.@ethena_labs is now a top 5 DeFi protocol by TVL, earning $300M+ in revenue. As a result, @wintermute_t's fee switch proposal has been approved by Ethena's Risk Committee. Explore our 2 new dashboards for details on the fee switch and Ethena's financials: 🧵/10
ENA thesis = Explosive growth of Existing Products + Product Expansion + Strengthening ENA economics. Here is the summary of the 10 catalysts. A. Growth of Existing Product Lines (USDe, USDtb) 1. USDe reaching $7.2B Market Cap, on track to hit $10B within the current growth…
10 Catalysts for Ethena brought to you by @EntropyAdvisors's Data (✍️/10)
In Formula 1, a tenth of a second can win you the race. In crypto, @arbitrum figured out how to sell that tenth of a second, and made millions, with Timeboost. Here's how:
10 Catalysts for Ethena brought to you by @EntropyAdvisors's Data (✍️/10)
Timeboost launched 14 weeks ago. This week, it accounted for ~49% of the Arbitrum DAO’s network revenue.
Earlier this month, the @arbitrum DAO approved reducing the constitutional quorum from 5% to 4.5% of the total votable tokens. This decision led to a 22M ARB decrease in the quorum, which now stands at ~201M. Follow this short 🧵 to see how this change affects governance 👇
🌊 @0xfluid Lending just crossed $600M in total market size. Arbitrum alone accounts for nearly $59M, up ~26% in 2 months.