Yesterday’s Recap of the StarkNet Ecosystem has been sponsored by zkLend, a Market Maker and Lending Protocol on StarkNet which wants to bring DeFi groundbreaking products to everybody: Experienced Degens, Adventurous Newbies and World Wide Institutions. They’re also looking for the following roles to grow their talented Team:
Blockchain/Full Stack Developer (For the latter, No-Crypto experience is fine)
Community Growth Manager
In case you’re interested or you know somebody that could, please get in touch with zkLend through their DM or Discord Server.
Bridging “Fractal Scaling” Proposal for StarkNet from/to other L2s & L1 transfers and communication, first tokenomics figures of projects launching on StarkNet come out, Twitter Space about “the future of gaming on StarkNet” being held tomorrow.
When I ran into a tweet showing some tokenomics of projects being deployed on StarkNet, I remembered the intense time I used to deal a lot with Tokenomics and crucial Metrics such as Fully Diluted Market Cap & Total Value Locked among many others, an activity that I would carry out almost daily in the very intense year that began with DeFi Summer and came to an end during the last year Spring Top. Experiencing and Investing in such a speculative year was a very Bipolar activity, you were likely to either 5 to 10X your Altcoins investments or lose a big chunk of it, if not all.
The only way to try mitigating your Risk in such times was studying metrics about both Tokenomics and usage of the corrisponding protocol in order to base your investments on numbers, stats and not on Guts feelings.
Seeing that Mainnet StarkNet is around the corner, I think that a “StarkNet Season” could occur during the following year in the ever ongoing L2 season, which has already arrived in terms of building but not in terms of price action. As a consequence, many projects will be launching together with their Token on StarkNet and both opportunities and Dangers will arise.
If such a scenario comes, remind yourself of DYOR everything you hear, watch and read. Studying what you invest in is the only way to improve your chances of not losing your money, although bad choices can still occur even to the best traders.
Having said that, I hope I warned you enough without scaring you too much. Embrace any future possibility with responsability.
DYOR and remember that NOTHING of What I said, say and will be saying is FINANCIAl ADVICE. I’ll repeat this inversely too: THIS IS NOT FINANCIAL ADVICE. 🛑 Warning 🛑
But now, let’s relax and enjoy today’s Twitter Recap thread:
Thanks a lot for being here!
See you tomorrow for another Recap!!
Peace & L2's ❤️