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In this issue:
I share my thoughts on some of the newest and hottest and most important defi protocols which are part of defi 2.0. Also, check my portfolio section, I shared some good thoughts there on my new farming strategies.
Defi Dad has a tutorial for you on how to earn LEAG tokens for the crypto fantasy sports network LeagueDAO.
Rekt Capital looks at what we may expect for Bitcoin in Q4.
The team from Burnt Finance, an NFT protocol soon to launch on Solana, join us to talk NFTs, Solana, and more.
Jesse has a report on the social token Rally. This niche is one which will be big in the coming years, the question is whether Rally will be the coin to deliver that future.
ANNOUNCEMENT: I will soon be migrating the newsletter to a custom made website and will no longer be using the Revue service which I currently use to produce the newsletters. This will likely happen within the next month. We are working to ensure the migration is as painless for you as possible.
A quick reminder that all research and market analysis is provided for educational and informational purposes, and should not be considered as financial advice. You are ultimately responsible for your investments and trades, and they should only ever be entered by those who understand the risks, are willing to lose their entire investment, and properly understand how to manage their risk.
Also, every issue will contain more information, tips, hints, and analysis than you can make use of. Wealth Mastery is a tool, you are the craftsman. We are not a signal or pump group, we are a tool shop, you decide what information shared here has value to you or not.
As always, feel free to reach out to me by responding to this email with your comments or questions.
The Big Recap
Bitcoin is the talk of the town right now, everyone is waiting to see what the big guy will do. Some altcoins, of course, are raging to new all-time highs, but many are stagnant or sliding as the market hangs on anticipation of Bitcoin season. Currently it looks like Q4 could be very exciting for the crypto markets.
One of the big stories rocking the crypto world this week is that a Venture Capital firm was caught gaming an airdrop to the tune of 2 million dollars. The firm when it learned that there would be an airdrop for Ribbon Finance then proceeded to interact with the protocol using 5,000 different addresses. After being called out they returned the funds, but this kind of behaviour is likely much more prevalent than many may realize. It was also revealed shortly after this that when Ampleforth launched its governance token that someone, likely a team member, also gamed the system and got away with 28 million for their airdrop. WOW! Airdrops are mega valuable, but with so many trying to cheat I would suspect that we will see a change to the airdrop format moving forward.
Moon River has already had its first big exit scam. Saturn has rug pulled for around 12 million dollars. Every new network must go through these growing pains. But it sucks, remember to be very careful using defi!
BUT not all is bad in Polka Dot land, it was just announced that Polka Dot will run its first parachain auctions on the 11th of November. This is HUGE for the Polka Dot ecosystem. You can read more here.
FTX and Coinbase have joined Binance in…
Hi! My name is Lark Davis!
I’m a cryptocurrency investor with years of experience and I’ve been making consistent profits in the crypto space.
I’m passionate about helping others do the same, so I run multiple educational channels on crypto investing.
