Sei's Top Degen Opportunities
Published on Feb 2, 2024
View in Browser

Sponsor: Kraken β€” Sign up for an account and see what crypto can be.

.Β  . Β .
NEED TO KNOW
FTX Hackers Found
  1. πŸ₯· FTX hackers found. The mystery $400M theft that occurred in FTX's darkest hour has been the subject of much speculation, but Bloomberg reports that a trio of SIM Swappers recently charged by the DOJ were responsible.
  2. πŸͺΏ 3AC founders' OPNX to shut down. The centralized exchange led by Kyle Davies and Su Zhu announced that it will shut down this month.
  3. πŸ’Έ DCG agrees to $21M settlement. DCG's Genesis group has reached a settlement with the SEC over its Earn product. They'll pay a $21M penalty.
.Β  . Β .
TODAY IN MARKETS
DeFi's Points Game

πŸ“Š Onchain Points. Points trading is gaining traction among airdrop hunters seeking to monetize their points prior to the distribution of an actual token. How do platforms facilitate points trading, and is this a worthwhile speculative activity for anyone?

Prices as of 4pm ET 24hr 7d
Crypto $1.65T β†— 0.2% β†— 2.5%
BTC $43,022 β†— 0.1% β†— 2.5%
ETH $2,299 β†— 0.1% β†— 2.0%
.Β  . Β .
ANALYSIS
5 Degen-Only Opps on Sei
Bankless Author: David C

With its price climbing nearly 3x since Dec 1 and weekly users growing from 5k to over 100k at some points since then, Sei has established itself as an ecosystem to watch!

As we explore these 5 degen-only opportunities, it's crucial to understand the nuances of each project, the potential upside they hold if successful, as well as the risks that come from engaging with a project in its early stage. 

See all 5 Opportunities πŸ‘‡πŸ‘‡πŸ‘‡


FRIEND & SPONSOR: KRAKEN

Kraken is one of the largest and most secure crypto platforms in the world. They've been in the crypto game for over a decade, and now they're inviting us all on a journey to see what crypto can be.

.Β  . Β .
LATEST POD
$JUP Has Landed

Jupiter's airdrop was the talk of crypto this week. Today, we aired our conversation with Jupiter founder Meow, getting his thoughts on how the 'drop went and hearing his future plans for the platform.

Hear the full conversationπŸ‘‡

.Β  . Β .
INVEST
This Week's Yield Opps

Each week, Citizens get a curated list of yield opportunities that the Bankless team is watching. As a free subscriber you're missing out! πŸ‘‡

.Β  . Β .
GO BANKLESS
Earn Airdrops!

Many Bankless Citizens who completed the Jito quests in our Airdrop Hunter app just earned $10k+ airdrop paydays!

It's airdrop season and plenty of other protocols are preparing to reward early users. Get on their lists. Start hunting!

0
0
No Responses