Stories on SEC vs Crypto, Polygon zkEVM, Top Crypto Narratives & Airdrop Alpha
Hey there fellow crypto degens,
We curate the best educational resources in crypto. Here’s a digest of the top content from The Crypto Illuminati this week.
Tweet of the week:
Investing in crypto is like farming
Plant during the bear market
Harvest during the bull market
What are you looking at today, anon?
— The Crypto Illuminati (@0x_illuminati)
Mar 18, 2023
Got your cup of coffee ready? Alright, let's jump right in ☕
1️⃣SEC: Friend or Foe of Decentralization?
This article discusses recent actions of the SEC - is it the White Knight or the enemy of decentralization?
Key takeaways:
1. SEC’s Gary Gensler unveils plan to expand custody rules to include assets like crypto
2. Kraken pays off $30 Million to settle all SEC charges.
3. Coinbase CEO Brian Armstrong assures users that all staking services will continue.
4. SEC is attempting to extend its jurisdiction to sales of mining equipment without warning.
Keep reading 🍿
2️⃣The 9 Most Impactful Reads on Polygon's zkEVM
The top reads to prepare yourself for Polygon's zkEVM mainnet launch.
Key takeaways:
1. Polygon zkEVM Mainnet will go live on March 27th.
2. Polygon sends out all the love to developers before the mainnet launch.
3. You’ll find an explanation of zkEVM and its trust model.
4. A read on Polygon ID and how it can be used to keep personal identifying information concealed while proving identity.
Keep reading 🍿:
3️⃣5 Crypto Narratives to Watch Now
This article provides the top reads on various crypto narratives that are emerging in the market, such as Arbitrum Ecosystem, Polygon, Real Yield Farming, RWAs, and LSDs.
Key takeaways:
1. Arbitrum Ecosystem is onboarding giants like Vela, Zyb, Rndt, and Pendle.
2. Polygon is launching the zkEVM mainnet on March 27th.
3. Yield farming is a game of hedging against losses and betting on yield.
Questions to think about:
1. Can Polygon alone compete against other L2 solutions?
2. Will stakers dump their ETH or will LSDs flourish?
Keep reading 🍿:
4️⃣ Degen Digest : How to Score Big with Airdrops
This cover story of the Digest provides an overview of how to evaluate airdrops and select the best projects to farm in order to maximize earnings.
Key takeaways:
1. Fundraise, strong backers, good fundamentals, good hype, and good tokenomics are essential in determining the worthiness of an airdrop project.
2. zkSync is a top pick due to its high fundraising, strong backers, and steadily rising weekly active users.
3. Evaluating airdrops is essential in maximizing earnings as a crypto degenerate.
Things to keep in mind:
1. Not all airdrops are created equal, so it is important to put more effort into the right projects.
2. Good hype is important, but it is not the only factor to consider when evaluating airdrops.
Keep reading 🍿:
Do you think the SEC is a friend or a foe for decentralization? |