The QDAO airdrop bot is coming in less than a week! To receive your share of QDAO tokens: connect your wallet to Q DeFi Rating and follow @platinumqdao. (twitter) You can get up to $500 worth of QDAO tokens, the transaction costs will be covered. 😏

🌶 Key DeFi Events You Should Know About:

▪️Compound gateway
In short: The Compound team presents the COMP-driven Substrate blockchain mechanics that will provide a cross-chain interest rate marketplace.

▪️BarnBridge SMART Yield Specs
BarnBridge is releasing a specification for the SMART Yield system that "allows users to transfer income from debt pools of other projects such as Aave, Compound, Cream or Yearn Finance."

▪️New Governance token from Babylon.finance
The community-led Asset Management Protocol introduces its BABL governance token.

▪️Partners of Yearn Partners
Yearn Yield Aggregator Project launches its Yearn Partners program, which will create “White Label Solutions for yVaults”.

▪️UMA Airdrop
The UMA Protocol Draft will airdrop uTVL KPIs to 5 different DeFi management communities.

Open interest in Bitcoin futures peaked at an all-time high of $ 20 billion.

The market has been growing for exactly one year, and growth is still healthy. Problems will start when the uptrend and OI diverge.

Bitcoin is not only the Internet of money, monetized at the level of the basic protocol, but also the newest movement of intellectuals, whose ideas are immediately embodied. If you “drown for bitcoin” without buying it, then your understanding is still fragmentary. If you have already bought without fully understanding, you will soon sell, so that after years you will understand that it was a mistake. HODL is staking, but not at the service level, but at the ideological level. This is a vote in favor of your candidate, but transboundary and stretched over time.

The NFT market exceeded $ 420 million with ~ 5.4 million in sales. This market is expected to surpass $ 1.3 billion this year. Another crypto frenzy has skyrocketed.

Interesting data from analysts: holders with at least three years of experience (green) continue to accumulate bitcoins. At the same time, newbies who are associated with cryptocurrency for 6 to 12 months (pink) get rid of the coins.

Oh, these emotions.

➕ Monthly DEX volume by projects. Y-axis - billions of $

One of the best Bitcoin indicators MVRV does a very good job of finding the extremes of global cycles. Now it is at around 10, a cycle reversal can be expected when it reaches 20+. In 2017, the price of 4500 corresponded to the 10 mark, after which there was an increase of more than 4 times.

The fall in the BTC by less than 10% per day led to the liquidation of futures for $ 1.6 billion throughout the market. The seventh result in history.

And what is obvious according to the schedule, only longs are taken out. Time to endure the shorts.

The market is flooded with blood.

Blockchain ecosystem Avalanche.

🦉 Avalanche is an open source platform for running decentralized applications, new financial instruments and interoperable blockchains.

Glassnode sees a slowdown in profit-taking dynamics reflected in the metric of bitcoin days destroyed. Apparently, the peak selling pressure on the market was at the end of January.

🔥PayPal rolled out the news that the American clients of the payment giant will be able to use cryptocurrency (BTC, ETH, LTC, BCH) to pay in a huge number of stores connected to the system. During the operation, the cryptocurrency will be converted to fiat.

Thanks to this decision, the world is actually one step away from the really mass adoption of crypts in life. What was dreamed of in 2017 in the wildest fantasies in 2021 is a common fact in life. We live in an amazing time, gentlemen!

❗️Uniswap V3. Flexible fees

Flexible commissions are also another interesting addition as they increase LP rewards for delivering to more volatile pairs. Pools that are subject to significant volatility will have higher swap fees to accommodate IL risk and improve LP performance.

In addition, in the second version, Uniswap V2 introduced an additional rate of 0.05% (16.66% of the swap fee) allocated to the corporate governance treasury. In version 3, this rate is set for each pool from 10% to 25% of the LP commission.

This is how it looks using basic math:

Also, there were no details that these proceeds from the protocol would be credited to the UNI holders - all this is still in the air, but do you already understand what lies ahead?

CoinMarketCap has gone a little crazy and shows the price of bitcoin about $ 500-700 more than it is on the market or even on Binance 🤨

Bitcoin is correcting, the next strong support at $ 56,600 may well reverse. But if the fall continues, the road opens up to $ 50,000 with all the ensuing consequences for altcoins 😳

Today is a holiday for XRP holders, overnight the coin has grown by 20% to $ 0.73. The reason was the news that the court satisfied the Ripple petition to partially conceal the correspondence of the company's CEO and rumors about the preparation of the Coinbase crypto exchange to restore XRP trading 🥳

BitTorrent made another + 60% per day and at some point even hit the top 10 cryptocurrencies in terms of capitalization. TRON is growing behind it, the current rate is $ 0.136 🤑

🚀🔥Crypt capitalization reached $ 2 trillion. Equalized with Apple.

Altitude futures trading volume surpassed the BTC indicator. The market focused on viola, every day X's, even ripple has already shot. Wait, after so many years ... 🤕

Monero ($ XMR) is the most successful coin among those that provide complete privacy of monetary transactions. According to statistics, this cryptocurrency is the absolute and indisputable leader among such coins.

In March, $ XMR processed 78 times more untracked transactions than Zcash and Dash combined. At the same time, in terms of capitalization, Monero is twice as fast as each of these coins ($ 5.2 billion).

This token is so successful in its business that the IRS has allocated a reward of $ 625,000 for those who can hack the platform and expose encrypted wallets and transactions. So far, it does not smell of success in this matter.

Why did cryptocurrencies start to grow so powerfully? Retail has begun to actively purchase cryptocurrencies.

The graph shows an incredible increase in the number of new subscribers on the channel of one of the famous cryptanalysts on YouTube. The end of March and the beginning of April were the most successful months for newly arrived digital asset investors 📈

Institutional Demand + Population Demand = Crazy Bull Market

There will come a time when it will be tough NOT to BUY digital assets while watching your acquaintances become financially independent 😂

The main thing is not to take loans and mortgages and try to buy the least risky cryptocurrencies with an investment horizon of 2+ years

Looking for dark horses that can still shoot in the medium to long term? It seems that Adam Cochran, a cryptanalyst, was able to find such a coin.

$ FTT is a token of the FTX exchange, one of the fastest growing and promising crypto exchanges, according to Adam's forecasts, it will cost $ 1000 (now the price is $ 56.43). The analyst built his financial model based on the assessment of the Coinbase crypto exchange.

When comparing the two companies, it turns out that:

- FTX has ~% 15 Coinbase revenue ($ COIN)
- ~ 25% profit $ COIN
- FTX has twice the trading volume
- FTX has a higher growth rate than $ COIN
- Fewer users than Coinbase

Wherein :

- FTX will redeem and burn $ FTT tokens in the amount of 1/3 of all revenue from commissions (the crypto exchange undertakes to burn at least half of the coins)

- $ FTT can be used as collateral on the exchange

- $ FTT will benefit from the FTX Insurance Fund

- $ FTT token can be staked

- holding this coin on the exchange, you can get a discount on all FTX commissions (up to 60%)

📈 Bitcoin hash rate, which fell after accidents at mines in China, has almost recovered.

A similar thing happened in November 2017. Then, after a similar situation, BTC grew 3 times 🤔.