2022-11-27 17:35:33
Upcoming Events/Narratives -
December -
Theta mainnet 4.0 launch on
December 1st- DCG Insolvency rumors :
GBTC dissolution trade- > increased BTC spot selling pressure as
“redemptions” occur , this should happen until a convergence on the GBTC/BTC pair occurs (not necessarily 1:1 since there are still underlying risks on the derivative)
- Binance raising funds to buy distressed assets -> could see a bid on vulnerable platform tokens
(
VGX,REN) or tokens on the grayscale holdings
The inverse may also apply if Grayscale announces bankrupcy due to insolvency, shorting their
holdings would likely be a good trade as they would be forced to sell
The main grayscale altcoin holdings relative to the circulating supply are:
ETC, ZEN, ZEC, LPR, LTC, BCH and
MANA respectively.
-
LINK staking v.01 early access on
december 6th-
APE staking goes live on
December 5th, with rewards accrual starting a week later
-
DEX/Decentralized Wallets season, after the FTX fiasco there is less trust on centralized exchanges and a higher confidence on self custody
DEX tokens: GMX, dYdX, GNS, the latter expected to launch on Arbitrum in December as well
Decentralized Wallets tokens :
SFP, TWT, C98, they are also an alternative for Metamask, which now tracks IP and wallet addresses after a recent privacy policy update announced by Consensys
-
GMX - potential Polygon partnership after a forum proposal by a Polygon team member
-
dYdX V4 long awaited launch to finally happen in December with a public tesnet
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MPL (maple finance), maple 2.0 is expected to launch in December, with an upgrade of its core
smart contract infrastructure. There will also be a Partnership with Icebreaker to provide $300m
worth of loans to Bitcoin mining companies, which are in a tough spot as bitcoin hash rates spike
in the midst of the bear market, meaning reduced mining profitability
-
AAVE, $GHO stablecoin expected to launch soon. It is confirmed that the $GHO revenue will go back directly to Aave stakers. Aave will also be deployed on Starknet in 2023.
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Sushi new tokenomics draft to be released in late December, worth following jaredgrey to hear it first.
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YFI ongoing proposal to activate veYFl, a first step in the implementation of YIP-65 that aims to
improve YFI's tokenomics through vote-locking and vault gauges.
-
CHZ, Chiliz Chain 2.0, an EVM-compatible and BSC fork chain with CHZ as its native token, expected to launch in December
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SCRT, Secret Summit 2022 conference in December 15th and the 2.0 mainnet launch, big announcements are expected per hints on their website
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Zk-season, zkSync & Starkware token launch expected to launch soon,
MINA, LRC, MATIC,DUSK, RUNE, METIS, AZERO, MATIC are some tokens that can catch a zk-bid.
Step App, a Move2Earn app, launch on
December 1st at the Step App conference in Tokyo
-
Floki is expected to be listed on Binance and OKX. They are launching a debit card and a
partnership with Binance Pay was leaked during an AMA as well.
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LRC, protocol fees going to stakers
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ADA, first algorithmic stablecoin rumored to launch in January 2023
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XRP potential lawsuit news,
XLM historically lags behind it, worth putting FilanLaw on notifications as he tends to be the first to share lawsuit related news and has a big audience
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