5 Alpha Tweets - Coinbase Launch L2, Blur Airdrop Lessons & More

Edition 60

Welcome to the alpha please newsletter. I curate five alpha tweets every Friday; that’s it, that’s the newsletter.

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gm friends.

Is there ever a dull week in crypto? The answer is no. Literally never.

How big of a catalyst will BASE be?

Time will tell.

Your weekly reads:

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1. The lowdown on BASE

Coinbase dropped the huge news that they were launching an L2. Here’s a nice breakdown from Jason:

Yano 🟪 @JasonYanowitz

1/ NEWS: Coinbase just launched their own L2 We had their team on Empire earlier this week to get the backstory. Here’s everything we know 🧵

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2. Ethereum reflections

An excellent write up from Danny Ryan (Ethereum Foundation) on the technological challenges to come for Ethereum.

dannyryan @dannyryan

Some recent reflections on Ethereum

github.comwriting/2023-02-23_2023-Reflections.md at main · djrtwo/writingCollection of writings. Contribute to djrtwo/writing development by creating an account on GitHub.

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3. Determining fair value

Trading alpha.

David Holt 🌴 @IDrawCharts

random discretionary trading "alpha" aka, something you can use as a framework to think about what a market is doing, when it might change and why you could potentially make money off of it: Fair value (a thread)

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4. Blur airdrop lessons

Blur are innovators for many reasons, but they executed one of the most unique airdrops we have seen in crypto. It’s worth understanding what they did.

Li Jin @ljin18

In just 5 months, Blur has become the top NFT aggregator with >40% market share leading up to the airdrop last week. That growth required not just UX improvements but also sophisticated incentives. @variantfund's new blog unpacks Blur's airdrop lessons: variant.fund/articles/what-…

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5. EigenLayer Whitepaper

A very succinct breakdown of EigenLayer’s whitepaper.

cookies @jinglingcookies

19 Pages @eigenlayer whitepaper summarized for you. Technical paper, explained simply for everyone. EigenLayer: The open marketplace to rent pooled security provided by Ethereum validators. 19 pages to 19 threads. Brought to you by @PROBLYNTH. Let's dive into it 🧵

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Random protocol update I liked

Going to chuck another section into this newsletter in order to support applications doing cool stuff, so here’s an innovation from Perpetual Protocol.

Perpetual Protocol (✨🔴_🔴✨) @perpprotocol

(1/9) Introducing Hot Tub: Democratizing Arbitrage Alpha Our Hot Tub vaults make alpha accessible through an automated arbitrage strategy! Here's how 🛁👇

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@alphapls tweet of the week

Crypto and life mantra.

Aylo @alpha_pls

There is always another opportunity. This is true of the crypto markets, but it's also true of life. It's a good mantra to live by.

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And that’s your alpha.

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Copy our portfolios on Nested

Our Arbitrum portfolio remains focused on capturing the long term upside from the largest L2 on Ethereum. Arbitrum is now doing more transactions than Ethereum. We DCAd a bit more into our selection of alts this week.

We are still looking for a good opportunity to add another alt.

Our All Weather portfolio is also moving up nicely in ‘23. We have a small bit of USDC left to allocate still.

You can head to Nested here and copy these portfolios, or another one!

*We have entered into a long term partnership with Nested.

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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. Do your own research.

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