StableScarab (@StableScarab) header
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Formerly anon beetle now @SeanKelleyX

London
Joined April 2021
Photo by StableScarab (@StableScarab)Photo by StableScarab (@StableScarab)Photo by StableScarab (@StableScarab)Photo by StableScarab (@StableScarab)Photo by StableScarab (@StableScarab)Photo by StableScarab (@StableScarab)Photo by StableScarab (@StableScarab)Photo by StableScarab (@StableScarab)Photo by StableScarab (@StableScarab)Photo by StableScarab (@StableScarab)
StableScarab retweeted
🏦 𝗗𝗲𝗙𝗶 𝗦𝗮𝘃𝗶𝗻𝗴𝘀 𝗥𝗮𝘁𝗲 𝗗𝗮𝘀𝗵𝗯𝗼𝗮𝗿𝗱 🏦 This dashboard tracks top staking vaults—think of them as the savings accounts of DeFi with higher yields. Over $2B is currently staked across these vaults and all have had major recent changes 🧵👇 dune.com/stablescarab/defi-s…
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StableScarab retweeted
1/ 🚨 FRAXTAL MEGATHREAD 🚨 Fraxtal, the new L2 from @fraxfinance, is now a Top 20 TVL L2 🚀 It pays to be early to a top chain and I think Fraxtal, with its innovative incentives and renowned DeFi assets, is destined for Top 5. Want in? Earn $FXTL airdrop in a few clicks 🧵
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StableScarab retweeted
1/ 𝘀𝗙𝗥𝗔𝗫: 𝗗𝗲𝗙𝗶 𝗕𝗲𝗻𝗰𝗵𝗺𝗮𝗿𝗸 𝗬𝗶𝗲𝗹𝗱 🏦 sFRAX by @fraxfinance is a game-changer in decentralized yielding assets and whales are beginning to take notice. Find out why sFRAX is now the best choice as the foundation for stablecoin yields in DeFi.👇
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StableScarab retweeted
Data-driven thread on the history of ETHBTC. I think ETHBTC is due for a recovery in 2024.
1/ eBTC allows you to use ETH as collateral to borrow synthetic Bitcoin without fees. We built our protocol around the ETH/BTC ratio, pioneering decentralized on-chain strategies for this key pair. In this thread we look at the storied history of ETHBTC through data 📈
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StableScarab retweeted
1/ LSD Summer Volume V 🌞 It's been 5 months since Shapella enabled staked $ETH withdrawals and the LSD sector took off 🚀 Now, $19B is locked in LSD tokens, including $362M worth in LSDFi 💸 Here is all you need to know as LSD Summer starts to cool down 🍂 🧵👇
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StableScarab retweeted
1/ frxETH v2: The LSD Game-Changer 💥 Last month, @samkazemian dropped news on the upcoming @fraxfinance frxETH v2 release which will revolutionize the fast-growing $20B $ETH LSD market. I've painstakingly distilled all of the key alpha on the update to 10 tweets: 🧵👇 #crypto
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StableScarab retweeted
1/ Ethereum Activation Queue: What Goes Up Must Come Down. The current wait time to activate an $ETH validator is a whopping 44 days! 🤯 Let's dive into the data to show how we got here and why I predict the massive queue will vanish by the end of summer. 📉 🧵👇 #crypto
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StableScarab retweeted
1/ $frxETH by @fraxfinance has seen incredible growth, reaching 230k+ $ETH in ~6 months driven by the top APR of their LSD $sfrxETH. However, sfrxETH APR is now at the lowest it has ever been?! Here's why there's no need to worry and how frxETH design keeps them on top. 🧵👇
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StableScarab retweeted
1/ Riding the Multistage Rocket: Analyzing Rocket Pool Tokenomics: @Rocket_Pool has established itself as THE decentralized #ETH liquid staking protocol, approaching 600k ETH fueled by their recent Atlas upgrade. Can this trajectory lead to sustainable $RPL gains? Let's see. 🧵👇
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StableScarab retweeted
1/ It's been one month since Shapella enabled staked $ETH withdrawals and we now have enough data to analyze the initial changes in the liquid staking derivative (LSD) landscape. Here are the trends as we enter what is shaping up to be a huge LSD summer.🧵👇 #crypto
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StableScarab retweeted
1/ Stablecoins are already a foundational primitive of DeFi and #crypto but their growth and evolution is just beginning. On Stablecoin Maximalism - what it is, what essential structure allows stables to scale, and why @fraxfinance is the leader of this movement. 🧵👇
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The @POKTnetwork protocol just had its best two days ever! Yesterday, we hit a new all time high servicing over 1.5 Billion relays. Today, we beat it again, servicing over 1.786B relays to over 30 supported blockchains! This is nearly a 40% increase from our daily average! 🚀🚀🚀
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StableScarab retweeted
1/ The @fraxfinance $FRAX collateral ratio jumped to 94.75% today. Why you have ~6 weeks to accumulate $FXS before the collateral ratio is 100% full charged and profits overflow to holders. 🧵👇 #crypto
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Soon @POKTnetwork will begin burning $POKT tokens. Per the promises outlined by Pocket Network Inc. (PNI) and the our Foundation (PNF) in the forum announcement last week (forum.pokt.network/t/the-roa…), I have just now remitted 193,923.35 POKT tokens to the DAO treasury for burning.
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The future is multi-chain and @POKTnetwork will underpin ALL of it. In the last quarter, @POKTnetwork, we partnered with DAOs and/or signed deals with for: @0xPolygon (zkEVM), @oasys_games, @KAVA_CHAIN, @CeloOrg, @VelasBlockchain, @arbitrum. Just look at everything we support.
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Community member @satsoftllc aka @StableScarab dropped a 💣 banger of a thread 🧵 xitter.cf/StableScarab/status/16…
1/ The beginning of a burn. How recent fundamental changes at @POKTnetwork could signal the bottom on $POKT as adoption is monetized and burned. 🧵👇 #crypto
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StableScarab retweeted
1/ The beginning of a burn. How recent fundamental changes at @POKTnetwork could signal the bottom on $POKT as adoption is monetized and burned. 🧵👇 #crypto
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StableScarab retweeted
1/ The #crypto market is consolidating, presenting an opportunity to accumulate promising tokens at a discount. In my analysis, I believe @fraxfinance's Frax Shares $FXS is highly undervalued at $8 with strong growth potential across multiple revenue streams. Here's why: 🧵👇
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#Oasys Integrates @POKTnetwork ’s Portal to Empower Game Developers🤝 Partnering with #PocketNetwork will unlock new scalability, reliability, and security levels through global, decentralized RPC service access. medium.com/@oasys/oasys-inte…
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