Looking for @Blast_L2 or @ThrusterFi exposure?
$AURA is perfect to front-run this narrative:
- They announced a subDAO called @hyperlockfi coming to Blast that will blackhole Thruster.
- Balancer v3 is launching in Q2
- $AURA emissions recently were cut by 12%
Diving In... β¬οΈ
There is plenty of FOMO surrounding Blast lately.
It's easy to see why:
- Raised $20M from @paradigm / @standardcrypto
- Built by @PacmanBlur
- Airdrop for new users
- $1.8B+ TVL
x.com/Blast_L2/status/1726747087906464024?s=20
The $1.8B TVL of @Blast_L2 is impressive even if a decent amount of that capital is farming the airdrop.
If it were to launch today it would be rivaling the TVL of @solana.
The TVL is also already larger than @bitcoin, @0xPolygon, or @avax. Massive opportunity.
With every new chain/L2, the real money is made by picking the winner of DEX wars.
I made my bet on @ThrusterFi and angel invested. Plenty of other chads did as well and multiple of these guys are Top of the Blast Points Leaderboard. Comfy.
x.com/ThrusterFi/status/1747030967263355252?s=20
Thruster has already announced:
1. @BananaGunBot integration
2. Leverage Long/Short all Thruster assets via @particle_trade
3. Custom launch tools from @BaselineMarkets
4. The home of Loomdarts $PUMP token - @realpumpitcoin
These aren't the integration I'm most excited about...
Here is where it gets exciting.
@AuraFinance announced their first franchise called @hyperlockfi which will blackhole Thrusters token. π
This means from day 1 Thruster will have a $CVX / $AURA style aggregator. Bullish.
x.com/AuraFinance/status/1758209178202702133?s=20
The proposal has $AURA making several commitments including a $200k loan to Hyperlock.
It comes with the expectation that some of the $HYPER token supply will be streamed to both $vlAURA holders and AuraDAO. It will also include profit-sharing models...
Way too easy π
The members of $AURA gov questioned what percentage of supply @hyperlockfi would contribute.
12% of the supply was the response from @phijifry. It will be split amongst vlAURA, Aura DAO, and Aura/Hyper LP.
If they move forward with 12%, vlAURA holders will vote on distribution.
Looking into $vlAURA, there is only ~$20M locked.
If the 12% of @hyperlockfi supply figure is correct and voted to be split evenly across the three buckets, vlAURA holders would get 4% of the supply.
That 4% could be a large piece of @hyperlockfi circulating supply on launch.
The massive @Blast_L2 TVL means a ton of swap fees coming through @ThrusterFi.
Thruster value will be unlocked by @hyperlockfi similar to AURA/CVX wrappers.
$vlAURA is the best way to get early exposure to the ecosystem and I've added more to my locked $AURA positions.
Outside of Blast/Hyperlock, there are so many other reasons to be bullish on the eco.
@AuraFinance passed 12% reduction in overall token emissions this week. They will also be focusing on doubling the incentives for the $AURA - $ETH LP.
x.com/AuraFinance/status/1754689565775065468?s=20
The $vlAURA Hidden Hand Incentives have been consistently $400,000 per round since November.
$400k x 26 Epochs = $10,400,000 Per Year
$10.4M x Avg P/E (15) = $156M FDV
Max Supply is 100M making their current FDV $70M. Seems undervalued and this doesn't include $auraBAL income
New projected $AURA supply curve...
In the next year, 15,651,454 AURA will be emitted worth $10,956,017 at $.70 per $AURA.
Emissions are slowing down and there is a decent chance Hyperlock allocations will go to $vlAURA holders (speculation) which will be a big locking event.
We see all the constant $CRV FUD on the timeline but I've seen very few people talking about $BAL.
It trades at a fraction of @CurveFinance FDV. It also has less dilution, no founder loan FUD, and is leaning into LST/LRTs heavily.
Balancer has recently been leaning into Yield Bearing Assets even further as they release v3 soon.
One of the key concepts is they leveraging the yield-bearing assets in their vault as a revenue stream for the DEX. (Yes, TVL amount is no longer a meme)
x.com/Balancer/status/1755593228223684912?s=20
Their new vault system makes it much more efficient to provide LST/LSR liquidity using @GyroStable concentrated liquidity for stablepools.
These innovations drive TVL growth and volume which end up passing fees onto $AURA through bribes.
x.com/GyroStable/status/1727366719097000060?s=20
$AURA owns about 54% of $veBAL and has over $393M of TVL today.
In their most recent article, $vlAURA P/E is undervalued compared to $CVX based on both P/E and holdings.
Projections - docs.google.com/spreadsheets/d/1VnA1ab5ootifqSAvlvyS04WBucEmj9G1K133-w3snLs/edit#gid=0T
As another incoming catalyst, @OpalDeFi will be launching Omnipools on top of @balancerlabs / @AuraFinance.
Ideally, this one should help grow the TVL of both projects when it launches in the next few weeks.
I'm cautiously optimistic on Opal.
x.com/SmallCapScience/status/1746183866925424649?s=20
I called @AuraFinance on launch week and scaled into my position when prices were lower than they are today.
I've taken $AURA profits but held a good portion of my position. With these catalysts, I'm starting to heavily rebuild my full $AURA position.
x.com/SmallCapScience/status/1540093151410475009?s=20
Disclaimer -
I hold a decent position in @AuraFinance and am an angel investor in @ThrusterFi.
None of this is financial advice and I'm wrong often so these could easily both go to zero. Do your own research if you plan to invest.
PurpleCoinGud π