▪︎ HAVE A PLAN FOR WHEN THE MUSIC STOPS ▪︎
If this is your first bull run, remember that gravity works very well in crypto 😏
Everything that goes up CAN AND WILL COME DOWN, with time. It's a cycle. If you've made good money, be sure to have a plan for taking profits and stick to it.
If a dump comes, many people who are being giga bullish on your timeline will switch instantly and say you should've seen it coming.
Don't try to time the top, don't round-trip your gains, and don't compare your portfolio or wins to others. 🫡
Gm, decentralization enjoyoors. It's a good day to touch some grass and do something fun.
Aave V3 finally launches on ZKsync Era mainnet. This is a big deal for 💰💵 DeFi on ZKsync.
What does this mean for ZKsync users and the chain?
• Broader DeFi opportunities - the combination of Aave’s lending capabilities and the GHO stablecoin means more diverse financial products available to users.
• Potential for boosted ecosystem growth - With Aave now live, we might see more DeFi projects attracted to ZKsync. When combined with builder incentives, this could lead to increased developer interest, a stronger ecosystem, and better chances at long-term growth.
What do you think of Aave's launch on ZKsync? 🤔
Is this the much-needed DeFi catalyst for ZKsync?
A rising tide lifts all boats, but a falling orange coin sinks all boats. ⛵️📉
When social platforms reward engagement monetarily, they sometimes incentivise creators to produce crappy clickbaity content.
Ridiculous & inflammatory content 😡 = higher engagement 📈 = more rewards 🤑= more crappy content. 🤬🤡
It's a vicious cycle that lowers content quality.
What's a good way to incentivize creators and encourage high quality content?
Me, after entering the memecoin trenches and getting dumped on within 2 minutes: 📣 "Attenzione borseggiatrici!!" 😣
**What Exactly is a Rollup?**🤔
Rollups are Layer 2 blockchains that help Layer 1 blockchains such as Ethereum to scale and handle more activity. They do this by processing and validating transactions away from the main (Layer 1) blockchain and then "rolling up" multiple transactions into one set and submitting the final data back to the Layer 1 at a fraction of the price that it would have cost. Examples of rollups are Arbitrum and Optimism, two very popular Layer 2 blockchains.
So why are rollups important? Because they help increase speed, reduce gas costs, and enable growth!
#LearningCrypto #rollups
This cycle has been quite boring so far. 2021 was magical.
Did the ETFs throw everything out of sync?📈