FJORD Time is coming

I shilled $CNV to many of you in person or DM (sorry, for not having time to post it here) to be the exposure for the $FJO drop. Personally, bought $CNV @ 24 $USD. Now $FJO tokenomics is revealed and I congratulate who bought $CNV.

What we have now:
1. $CNV is 2x+ and will be higher because snapshot is not taken
2. Each $CNV will get ~4-5 $USD from Fjord v2 Beta revenue
3. Each $CNV will get around ~10-30 $FJO drop (with 100M Supply)
4. Additionally $CNV holders get exposure to Berachain, Fluidity, Tapioca and few others. After $FJO airdrop dump - might be smart to get more $CNV

Knew most of it and my play was not sized enough. Meh.

Additional info about $FJO launch

Bought some $ORBIT on Blast @ .53 - https://dexscreener.com/blast/0xe9b623df3a61434d9628b04df6381c7c5725a5af

Thesis - thin liquidity and new volumes come in play. Lower valuation than $JUICE - targeting a quick flip

While doing a big research on BTC L2s, want to update on my actions

1. Farming Merlin Seal from 2 accs https://t.me/tokenomicswheel/54
2. Farming a bit of BounceBit https://t.me/tokenomicswheel/83
3. Bought some $TUNA @ 0.25 and staked in https://ocean.tunachain.io/ (code HOQLX)

Currently exploring more BTC L2s to farm

Also react🗿if you interested to deposit liquidity to me for managed BTC L2 farm

DYOR, anons

Got few $TNSR and $KMNO tokens.

Won't expect anything from Marginfi. Waiting for Drift + Parcl and removing most of liquidity from Solana afterwards.

Also preparing for Blast drops to remove most of liquidity. Thinking to move to BTC l2s and ethereum farms (not LST / LRT).

After Eigenlayer drop will be heavily reducing exposure to restaking.

DYOR, anons

⚠️Be careful with Karak. The team behind it is shady with relevance to UST/LUNA staff and admitting it privately. Currently there are much lower risks options for restating. Would not recommend putting more than 1-2% of $ETH there

Stay safe, anons

Re-evaluating risk/reward with Solana season coming to end soon. Unstaking and selling all $PYTH for $ETH liquidity.

Taking profits +15% in USD, no drops for this one

Want to support Solend vampire

https://x.com/solendprotocol/status/1778188189016203752?s=46&t=ZWd3DcdI7LAupf5XqhpBBA

Migrating from MarginFi ..3..2..1

Did your influencers talk about stake $MATIC to earn drops? Xd

https://x.com/sandeepnailwal/status/1778800657782456536

If Sandeep tweets, it’s 99% confirmed

While gas is cheap added deposits to BOB L2 and Mezo L2
https://fusion.gobob.xyz/?refCode=3ofibe | 3ofibe

Used $WBTC for both. If you want Mezo codes or managed BTC L2 farming - DM @mrkanu

UPD. Sold $TNSR and $PRCL to $BTC. Unstaked $PYTH and sold to $BTC. Partially converted $SOL to $BTC. Will sell $KMNO and $DRFT when get drops.

Will fully exit $SOL closer to 200

Bought some $STX @ 2.49 as Runes Beta play

Got vested $FJO yesterday - good time to sum up the case

Bought $CNV @ 24$
Received 6.3 $ cashback per $CNV as Fjord pre-token revenue share
Received ~25 $FJO vested for 18 months per $CNV, current $FJO price ~2.5$
Current $CNV price - 15.2$
Still got exposure to more drops

So 24$ per $CNV -> 6.3 + 25*2.5 + 15.2 = 84$ + esposure to several more drops including $BERA

Might get more $CNV if we go higher

Also got $MERL drop, 50% was available to claim. Holding it higher, but won't increase position.

In the ecosystem, bullish on Solv -https://app.solv.finance/points/P76QDH

Backed by Binance and Blockchain Capital, 540+M TVL waiting for some liquidity unlocks and deploying more here

Don't forget to unstake $FXS while gas is low. Bridged my $FXS to Fraxtal chain.

Not touching any $FXS before $FXTL points will be sellable/convertable. Check your $FXTL here https://www.frax.com/flox-leaderboard

Fraxtal TVL is ~40M and slowly growing. Only 5k accs got $FXTL points.

If you didn't make into 6 March snapshot, wouldn't recommend buying.

Delegated my ETH in Eigenlayer to
https://app.eigenlayer.xyz/operator/0x5accc90436492f24e6af278569691e2c942a676d

Merlin enabled withdrawals from Seal. I deposited unlocked liquidity to Elixir - www.elixir.xyz/refer/hermiston7922

Raised 17.6M, $ETH will be locked till August, drop based on points

Sell May and go away?

Let's do some narratives recap and think about strategy

1. Restaking.
I consider $EIGEN drop as success. It doesn't matter when tokens are tradable, the meta for LRT will be changed. I would expect good rewards from Swell, but I think that Kelp, Zircuit, Karak and other wouldn't have too much upside and will be exiting LRT assets. $EIGEN staking and Restaked $ETH delegation to specific Operators I predict as a new meta

2. Solana
Solana seazon seems over, there is no that much projects to farm. All of them have a lot of traction/farmers. I received $TNSR, $PRCL, $KMNO, $DRIFT and few other and it's all not worth it. But the $SOL can be a good asset to hold - liquidity from $W, $KMNO, $JUP, $JTO, $PYTH and other high FDV projects may flow into $SOL. As posted here (https://t.me/tokenomicswheel/111) - ~200 is a target.

3. BTC L2
BTC L2s are still under radar, I'm having exposure to all of them. BounceBit should be first to list and can set a new trend. Currently deposited to:
- BounceBit - https://megadrop.bouncebit.io/
- Bob - https://fusion.gobob.xyz/?refCode=3ofibe
- Mezo - https://mezo.org/ Please use codes if u dep at least 0.01 BTC (YNYNP, NI37V, HDJNJ, 8ISWD, 0M7ZG)
- Tuna (Very small amoun, Very high risk) - https://ocean.tunachain.io/ (code HOQLX)
- Also researching few more

4. L2s
A lot of L2s have TGE soon. They may bring a lot of new liquidity on the market. Successful TGE may open opportunity window on the L2. Any of chains can be next and can grow fast - Blast, ZKSync, Mode, Linea and many more

My strategy is to exit most alts to $BTC / $ETH before summer and prepare for autumn alt season (if there will be any). Getting more stables before June-July seems also smart.

DYOR, anons

Yuga preparing Ape Chain L3 this month. Yuga Otherside NFTs will give multipliers to farm https://twitter.com/Somnia_Network

Old NFTs recovering from deeps, gonna make 1 more mid-risk bet

Bought additional Otherdeed @ 0.18, will target quick flip

DYOR, anons

The fastest way to get all blast new multipliers
1. Go to Spacebar - https://blast.spacebar.xyz?referral_code=oYDpwU and mint ship for 0.04$
2. Claim daily points on Spacebar
3. Add Spacebar NFT Ship and any token position to Jackpot

Takes 1-2 min to complete all 3

Sorted

If you stake $MATIC in Stader like me, you can now claim $AVAIL (was not included to first batch) https://x.com/AvailProject/status/1787901411801362435

I'm considering having 2-4 accs with 1000+ staked $MATIC per acc because pretty sure $AVAIL drop is just a beginning