I’ve Found the Next BIG ALTCOINs & AIRDROPs!!

Let’s talk about tokens today. The Altcoins… because if we are getting
near the end of the “bear trap” I predicted we currently are in…those alts are going
to run. Like run forest run because after the bear
trap is mania phase, or my term for it, the last hoorah. So you maniacs…can you give me a hoorah? Because it’s time for Chico Crypto! Yesterday it seemed a touch of mania was already
beginning! Coinbase late to the partay, decided to finally
do it and list Dogecoin to Coinbase Pro. And the Coinbase listing effect still had
it’s power. Checking out the Dogecoin price chart, some
explosive moves, which has shot it up by over 51 percent since it’s Saturday lows.

Which got ole Elon tweeting again. In response to Coinbase Pro listing it, he
posted (dot dot dot) and a retweet of the meme of the doge storm standard, taking over
the global financial system and him saying its inevitable. So, there is a play with Doge still to this
day. Just 2 weeks ago, May 20th Elon tweeted this. How much is that Doge in the Window. With a picture of what looks to be a 1 dollar
dogebill, on a laptop, in front of a neon Cyberviking sign. Aka Elon wants to see Doge to a buckeroo as
it didn’t hit it when everyone thought it would with his SNL appearance… So, what could be coming that would push it
to that Dollar mark? Well remember whe Elon tweeted that Tesla
was no longer accepting Bitcoin for payments? He also said they were looking at other crypto’s
that use less than 1 percent of BTC’s energy per transaction.

Well dogecoin fits that bill! It only takes .12 kilowatt hours consumed
per doge transaction, while BTC takes 707 kilowatt hours. That tis less than 1 percent…. And then there was this, just 3 weeks ago. Elon put out a poll for the public. Asking the twitterverse if they want Tesla
to accept Dogecoin. Which got a nearly 80 percent YES with almost
4 million votes. In my opinion, it’s pretty obvious a Tesla
announcement of Dogecoin for payment is coming and probably coming this Summer. Within the next month or two.

And that hype, combined with a rebound in
the markets should see Dogecoin relook towards that dollar mark. Now, moving down the market cap rankings…to
the most popular and dominant DEX in the space. Uniswap!! We are closing in on the 1 month anniversary
of the v3 launch of their exchange…so it’s time to talk about LP, liquidity pool positions,
and how to make it easier on yourself to add liquidity to the exchange. Uniswap v2 made adding liquidity to trading
pools simple..you just selected the pair you want, put equal value amounts of each in,
and supplied and confirmed the transaction, receiving a LP token. It was automated for you….you didn’t have
to change or set anything. I’m sure some of you have seen today, what
v3 is like…there are things you have to set, like the fee, which isn't too bad…but
also the one that confuses everybody…the price ranges! A minimum and maximum price to create the
range.

Then going to Uniswap v3 liquidity documentation
the team says “If the price moves outside of the LP's specified range, their position
will be concentrated in one of the two assets and not earn trading fees until the price
returns to their range…. Yeah, you have to keep a close eye on your
LP positions, and the price, as if it moves out of your set ranges, you don’t earn fees. You have to be active…which the team says
in that documentation “When making a price range decision, LPs should consider the extent
to which they think prices will move over the course of their position's lifetime and
their willingness to actively manage their positions (and all the costs associated with
more active management).” So for those who don’t know what they are
doing…or don’t have the time to be so active. How do you provide Liquidity to Uniswap easily?? Well there is the Sommelier Finance pairing
app!! Going to that it says it the easiest way to
add liquidity to Uniswap v3.

Heck yeah, Chico likes… And it is pretty dang easy. You just search for the v3 pair you want to
add liquidity to and click into it. We are doing Link and WrappedETH. Select the pair you want, altcoin and eth
or wrapped eth and the amount of each. Once that is filled in, you select your sentiment
for ETH, are you neutral..you think Link vs ETH are gonna hodl the same. Are you bearish on ETH vs LINK, or are you
bullish on ETH vs LINK. It changes the price ranges for you based
on this.You then set your gas price, and click add liquidity. Much, much, much more simple than setting
the ranges yourself within v3’s liquidity interface. So I’m sure you are asking yourself a token?? For Sommelier? Not yet, they put out their product first,
and plan to launch the token later. SOMM It’s coming…just no official date
yet! Definitely one to keep an eye on though….

But speaking of Uniswap LP positions, and
automating…that leads us right into a sponsored segment of this video, supported by the team
over at Peanut and like always the full details of our agreement are down in the description… Jumping right to their website found at peanut.trade,
a link for that is down below in the description, we can see what their main selling point is. They are a DeFi Price Balancer for DEX users
to reduce slippage and impermanent loss & the main product is the liquidity balancer. Jumping to that's landing page, they describe
it as putting your liquidity on autopilot and maximizing LP profits. Very nice…they continue. Peanut is the first-ever automated liquidity
balancer for Uniswap v3 that concentrates liquidity price range based on real-time market
conditions. Basically, this means Peanut will take the
complexity out of the price ranges with v3. They will automatically adjust and move them
to the most capital efficient and profitable ones.

Keeping you earning the most fees….instead
of those who do it it manually, falling out of profitable ranges…and the stats are looking
good from their initial research. Providing more fees per dollar than just uniswap
v3 alone & manual adjustments. Besides, automatic adjustments Peanut has
something in the works with Curve, they partnered together & Michael Egorov, CEO of curve said
this about the peanut solution: “The presence of slippage is a huge inconvenience, and can
sometimes carry significant risks for DEXs. Peanut provides a great solution to this problem. By using only 10% of user funds in a centralized
manner (cross-exchange arbitrage), Peanut manages to achieve significantly higher efficiency
of the mechanics and returns for users. Although ack at their website you can see
its a waitlist to join, which makes sense, as Uniswap v3 just launched less than a month
ago..but I’m sure it’s close to being ready…so get signed up so you don’t miss
the initial launch! But, also releasing soon, to work alongside
their v3 product, is another piece of their DeFi puzzle.

Peanut FeeNo. Feeno is an SDK which can be integrated into
blockchain apps like crypto wallets, DEXs, lending protocols to enable ETH-free transactions
and swaps, provide 100% front-run protection and even can offer a cashback to the app users. Also with Feeno you don’t need ETH at all,
no matter which ERC-20 tokens you send or swap. Yes, others projects and apps can and will
use FeeNo to help their own users. One of the first use case, for FeeNo will
be Peanuts own products, like the v3 liquidity balancer…but since it’s an SDK, others
can easily plug it in and use it too. So if, any of this fits your crypto fancy,
links for the peanut are below! Now I want to finish this episode off with
a bit of crypto alpha leak…including an airdrop you might be eligible to claim! So let’s begin with the airdrop…this is
from Ribbon Finance, and at their website, they say they are a sustainable alpha for
everyone, earning yield on crypto assets through DeFi’s first structured products protocol. And they have one product out, the yield….with
3 other structured products coming soon….and then scrolling down to the investors…it’s
an alpha list….DragonFly, Coinbase, Joe Lubin, and even Kain Warwick So how do you get the airdrop? Well you have to go to their app found at
app.ribbon.finance and then in the top right corner, click red RBN, connect a wallet & see
if you have any! Who is eligible? A total of 4M RBN was distributed between
users of existing options protocols on Ethereum: Hegic, Opyn, Charm, and Primitive.

We talked about Hegic…we talked about Opyn…you
may be eligible! Although if you are, the tokens aren’t transferable…yet! So do you want to talk about a token that
is trading!? One that I have been waiting to hit the scene
for a very long time? Well, Centrifuge's governance token CFG is
finally on Coingecko & it’s first exchange! And Centrifuge is pushing forward with some
BIG news…2 weeks ago, they announced Altair, their Kusama parachain. And scrolling down to the genesis token distribution…you
can see 61 percent of AIR tokens, for the parachiain are airdropped to CFG holders. 1 CFG gets you 1 AIR….and with the parachain
auctions on Kusama right around the corner….this snapshot airdrop is becoming more likely to
happen by the day.

Chico likes. Cheers I’ll see you next time!.

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