5 Alpha Tweets - Books for Traders, Best Stablecoin Yields & More
5 Alpha Tweets - Books for Traders, Best Stablecoin Yields & More
Edition 116
Welcome to the alpha please newsletter. I curate five alpha tweets every Friday; that’s it, that’s the newsletter.
gm friends,
BTC still in the same range and the impatient continue to flip flop in sentiment with every 3% move up and down. Select alts have had big moves since the sell off the weekend Iran attacked Israel.
Memes and AI coins have been the best performing categories since alts began to show some strength.
New thing alert: I launched a Telegram channel last week. It’s free to subscribe for more market updates, DeFi & airdrop opportunities.
Your weekly reading:
(*All the screenshots will take you to Twitter if you click.)
1. List of great reads for traders
Books to check out to help you with your trading journey.
2. Stablecoin yield
Helpful table showing some of the best places to earn yield on your stables.
3. Crypto x AI Flowchart
Really useful diagrams to help you make sense of crypto and AI.
4. Botanix Investment Thesis
Why Botanix could emerge as a market leader in Bitcoin DeFi.
5. Sanctum explainer
Great breakdown of Sanctum, which is the fastest growing Solana protocol right now.
Random protocol update
Solana hackathon winners announced. Might be worth looking through the list, as there are always a few great protocols that come out of hackathons.
Airdrop opportunity
Sanctum
Sanctum is now up to $600M in TVL. This protocol is going to be very important for Solana going forward. Sanctum solves liquid staking's shortcomings and opens a whole new world of value propositions and use cases for LSTs.
Sanctum’s points programme is now live and you have to opt in. Actually the most creative programme I’ve seen. Each LST is a pet that levels up. Kudos to Sanctum.
Strategy:
• Majority of SOL in INF (use the INF in Solana DeFi to also farm with that)
• Pick a bunch of other LSTs you like (JupSOL - might give a second JUP boost, hSOL - maybe helius token one day, CompassSOL, pathfinderSOL - gives you access to the ‘Ghibli’-esque collection they are producing)
• You can spread a small bit of sol amongst every LST to get every pet (involves much clicking), there might be a bonus for that.
You might get a surprise reward at the end of the programme if you join through my link below:
alpha_pls tweet of the week
Telegram channels I subscribe to.
Try Drift on Solana
Drift are the #1 Perps DEX on Solana. I’ve partnered with them for the foreseeable future. They recently did their Series A and raised $23.5M. Arthur Hayes also joined them as an advisor.
And that’s your alpha.
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Crypto currencies are very risky assets and you can lose all of your money. Do your own research.