I get the impression they really want to tank everything. And this would be very healthy! Every zombie corporation would get washed out.

They only could survive because of the low interest environment. The problem is they don’t add any value to the economy. The system is already so sick and only hardcore measures can help, a complete restart.

Of course, a lot of people will suffer, but that’s the only tiny chance. There’re other consequences which can occur, but nobody wants those. I talk about them later.

DeFi Updates

Metis also kicked an incentive program. Seems that’s the way to go to survive the bear.

It got big money inflow. Imagine what the Arbitrum program will do, when even a small sum of $5m draws liquidity like that.

On the other hand Mantle seems to struggle a little to attract more liquidity.

The development is amazing, but it’s missing hype!

But I’m still sure people will see the value of Mantle eventually. So I don’t mind getting a bigger share of incentives.

Astar going zkEVM.

Most of Astar’s user base comes from Japan, but I’ve never talked to someone else who’s using it.

To be honest, who needs another rollup? The market is already too saturated. But they might have found their niche.

The guys from HMX are not sleeping.

• A new collateral has been added, wstETH
• HLP TVL hit the $20m

And yes, I’m shamelessly sharing my ref code: SEXYLIFE

The missing piece will be added. More transparency for RWAs is a crucial step!

There will pop up a lot of RWA projects, but you should fade every single one, which doesn’t implement such a proof of reserves!

I’m still impressed what a animal picture NFT project can achieve…

• 305 BTC miner
• Project79
• Ocean Money

Okay, the goal of paying $1000 to each NFT holder in the first year probably won’t be hit, but for the market situation they did pretty good tbh.

Investing

The last Arbitrum season was fun. I hope we’ll get another one like that.

So the focus is on Arbitrum right now and I bet on the winners.

$GMX, $RDNT, $PENDLE, $HMX, $GNS are usually doing well when Arb is drawing liquidity.

Atm I don’t see smaller interesting ones, but there might appear some gems.

I also can see early projects like $DXP or $JONES pump at some point, but holders are under water and they’re waiting to get rid of them. So be on the watch if you want to touch them.

The strategy will be taking profits aggressively if no new liquidity will flow into DeFi in the next months. The next shiny narrative everyone will throw their money on is already waiting…

Macro

The Strauss-Howe Generational Theory

In the ever-evolving landscape of finance and technology, DeFi (Decentralized Finance) has emerged as a groundbreaking force, redefining how we interact with money and do financial transactions.

But what if I told you that the fate of DeFi, and its development, might be influenced by a theory that has little to do with finance itself?

The Strauss-Howe Generational Theory, a fascinating concept that may have deep implications for the future of DeFi, particularly in the context of the financial stability of major countries.

Understanding the Strauss-Howe Generational Theory

Developed by William Strauss and Neil Howe, the Strauss-Howe Generational Theory postulates that history unfolds in cycles, with each cycle including four types of generations.

These types play a unique role in shaping society and responding to the challenges of their time.

1. The first generation is like spring. They follow a major crisis and create an orderly society with strong institutions.

2. The second turning is like summer. They behave opposite of the previous generation. Individualism and creativity are on the rise and people don’t adapt to pre-set norms.

3. Autumn follows and this generation takes individuality to its peak. Injustice and inequality result as well as antipathy for civic duty.

4. The fourth turning is the time for major unrest and political crisis. Often wars occur here, but the value for community is found again.

The Impact of Country's Financial Stability

The financial stability of major countries plays a crucial role in the development and adoption of DeFi. Nations with robust financial systems and supportive regulatory environments are more likely to nurse innovation in the DeFi sector.

Countries which are facing economic instability or regulatory uncertainty may hinder the growth of DeFi within their borders.

This is exactly what we can see right now. The contrast between Asia and the US can’t be stronger when it comes to DeFi adoption and innovation.

Conclusion

The Strauss-Howe Generational Theory offers a unique lens through which to view the development of DeFi in an era marked by financial uncertainty. As the financial stability of major countries fluctuates and the influence of this theory on DeFi may become increasingly significant.

We all can see that we’re in the middle of the fourth turning when old structures try to keep their power, but everything is getting out of hand. This process and the fight can take long, but in the end the better system will win. Decentralization is a better system and the next step in the evolution.

Stay Sexy!

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