- Mushroom Alpha
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- Yesterday sucked but today will be better
Yesterday sucked but today will be better
How do we know? Read on.
MUSHROOM ALPHA
Yesterday there was more excitement and FUD in crypto than all of last year. Let's break up the bearish mood with some uplifting reading.
Today's Topics:
How to get funding for any Web3 project
DefiLlama releases APY dashboard
Music to our ears?
Quick Links
How to get funding for any Web3 project
@mattigags wrote a hilarious post on how to raise VC money in Web3. Who says VC’s don’t have a sense of humor?
Our favorite quote:
Any hard questions should be answered with: “We let the community solve the problem.”
Well now you have the blueprint to raise. What are you waiting for?
DefiLlama releases APY dashboard
DefiLlama released a cool APY dashboard so you can keep track of constantly changing DeFi yields.
Anchor is still offering 18.10% APY. Given the events surrounding Luna and UST this could change.
We've released our APY dashboard!
- Tracking ~7k pools across 24 chains.
- Machine Learning to predict APY stability
- Historical APY charts
- Fully open source, to list a new protocol just make a PR to github.com/DefiLlama/yiel…Check it out on defillama.com/yields
— DefiLlama.com (@DefiLlama)
9:11 AM • May 6, 2022
Music to our ears?
We are going to do a deep dive on this topic soon but for now check out this post from “This Week in Music NFTs”. The founder of the newsletter is kinda controversial but who in crypto is not? We forgive him since he is dropping alpha.
Upcoming Drops they mentioned:
Mark Cuban on how crypto is like the dot com bust
Crypto is going through the lull that the internet went through. After the initial surge of exciting apps, NFTs, DeFi, P2E, we saw the imitation phase as chains subsidized the movement of those apps to their chains (ala bandwidth and storage subsidies by startups in the 2000s)
— Mark Cuban (@mcuban)
1:55 PM • May 9, 2022
Quick Headlines
Instagram is introducing NFTs - Can we call market bottom on NFTs?
Azuki’s founder outs himself as a quitter of previous projects - Keep your quitting to yourself next time?
Is Nouriel Roubini the famed Bitcoin hater turning a new leaf? - He is being asked to help build a digital reserve asset.
Funding News:
So-col a influencer platform raised at a $100m valuation - Irene Zhao is the cofounder who is known as a crypto influencer
Paradigm puts $30M into Jambo an African “Super App” - Super cool to see African company raise money from quality crypto investors.
Hacks:
Fortress Protocol had 3 million stolen - Uhh..guess their security was not “Fortress” like?
You will survive the week!
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Disclosure: We are a newsletter for information only. We are not financial advisors nor do we claim to be. Consult your legal, investment or tax advisor. Crypto is risky. Do you own research.