Nick (@n2ckchong) / X

Nick

2,949 posts

Nick

@n2ckchong

fast typer @ethena, ex-@paraficapital

⛵️

Joined July 2020

Nick
@n2ckchong
Apr 17, 2021
We're in the phase of the market where there's a lot of retail inbounds but not enough education about the Ethereum ecosystem and DeFi. So, let's break down the basics of some of the top protocols. First on deck: Aave (@aaveaave), an Ethereum-based money market protocol. A 🧵
Nick
@n2ckchong
Mar 21, 2021
In light of the "Cardano ecosystem map" that's circulating Crypto Twitter, here's an Ethereum ecosystem map I quickly threw together. Over 100 active DeFi apps, dozens of NFT platforms and games, many genius teams working to scale, an array of top-notch data platforms, & more.
Nick
@n2ckchong
Sep 13, 2021
The biggest crypto story of the past few days has been the growth of Arbitrum. Yield farms have skyrocketed the Ethereum L2's TVL beyond $1 billion. Everyone's talking about it but what is Arbitrum anyway? Let's get into it 🧵
Nick
@n2ckchong
Dec 28, 2021
It has been just over 4 years since I began working in crypto and 1 year since joining ParaFi Capital. It’s been a crazy journey and a great year. A 🧵of updates, thanks, and learnings.
Nick
@n2ckchong
Aug 8, 2021
We're 3 days into Ethereum's integration of EIP-1559. I've been constantly checking the burn. Thus far, the number of ETH lost to the ether has been impressive. For all those still learning about this change, I wanted to condense all resources here. A 🧵
Nick
@n2ckchong
Nov 15, 2021
Curve is DeFi's second-biggest protocol by TVL, with over $15b in liquidity. The protocol has stablecoin and reserve asset liquidity across Ethereum, Avalanche, Arbitrum, and other chains. But how does it all work? Let's break down the basics of Curve. A thread 🧵
Nick
@n2ckchong
Apr 30, 2021
Over the past few months, both real-life friends and new Internet friends have asked how they can start getting involved in crypto & DeFi more professionally, even as kids my age. I don't claim to have it all figured out, though I have some personal tricks & tips. A quick 🧵
Nick
@n2ckchong
Oct 5, 2024
I’m extremely excited to be joining @ethena as Head of Strategy! I’ll be working across the protocol to scale USDe, incubate Ethena-first apps, and to enable Internet Money. Joining Ethena for me is a continued expression of how bullish I am on DeFi's future 👇
116K
Nick
@n2ckchong
Sep 8, 2021
I've said it once and I'll say it again: It pays to be an active user of DeFi on Ethereum and beyond: 1. IMO, there is no better way to learn than getting your hands dirty 2. It pays to be an early user and tester Today's airdrop is the latest example of many others.
Nick
@n2ckchong
May 9, 2021
We're in the phase of the market where there's a lot of retail inbounds but not enough education about the Ethereum ecosystem and DeFi. Next on deck: @MakerDAO, DeFi's "central bank" and the issuer of the DAI stablecoin. Arguably one of the most important dApps. A 🧵
Nick
@n2ckchong
Nov 24, 2021
From a UX perspective, Ethereum's optimistic rollups are not yet perfect. Swaps on AMMs still cost $3~5, 10x better than Ethereum mainnet but still expensive for users with smaller portfolios. Vitalik recently proposed a solution to bring fees even lower. A quick thread 🧵
Nick
@n2ckchong
Jun 14, 2021
The last time Ethereum gas was this low—as far as I remember—was the start of 2020, around the time of the initial launch of Aave. A lot has changed in that time for Ethereum and DeFi. Let's recap. A 🧵
Nick
@n2ckchong
Oct 3, 2021
The past few months I've seen a deluge of IRL and digital frens look to get into crypto & DeFi professionally. With talent in this space continuing to swell, thought I'd open-source some of the tips I've picked up over these past years. A thread🧵
Nick
@n2ckchong
May 7, 2021
As more retail enters DeFi, more capital will flow toward yield farms as users seek to capture the best return on their idle assets. I don't claim to have it all figured out, though here are a few tips I've learned over the past year. A 🧵