PLUS: The App Store meets Web3 games ð¤ May 19, 2023 | [Read Online]( GM. This is Milk Road, we're that cup of hot cocoa on a snow day. You can't beat it. Itâs Friday. Letâs boogie: - The Milk Man goes whale watching ð³
- Axie Infinity is on Appleâs App Store ð®
- Funding Friday ð°
- Fahrenheitâs going after Celsius ðª Prices as of 8:30 EDT Todayâs edition is brought to you by Origin Protocol - they just launched OETH, offering an innovative approach for ETH stakers to maximize their yield. [Boost your ETH yield today!]( A PEEK INTO SOME 7-FIGURE WALLETS ð³ I'm gonna let you in on a secret I've never told anyone before....I almost failed 8th grade biology. The reason I didn't? I copied the smart kid next to me on the final exam. (Don't hate the player, hate the game.) Well, crypto reminds me a lot of 8th grade biology - it's confusing and none of the words sound the way they're spelled (it's pronounced "Eeeeeeth".) But don't worry, the trick still works.... Except in crypto, you copy the whales. Lucky for you, the Milk Man did some research on a few whale wallets. There was only one requirement: the wallets had to have $5M+ in them. (Big ballers only) Here's a peek at 3 of the most interesting ones: 1/ [âThe Risk Takerâ]( ( ~$63M in assets) - Only ~12% of their portfolio is in stablecoins, with their stable of choice being Tether
- Theyâre holding over $10M of SHIBA among two different chains (ETH & BNB)
- At least they diversify - this wallet is hanging on to over 60 different tokens, including a good ole bag of FTT (FTXâs token) The craziest thing about this whale? They donât do any [staking](, [lending](, or any other common activities you see among other whales. 2/ [âThe Bankerâ]( ($8.5M in assets) - They hold over $9M of DAI, USDT, and USDC and are lending out these tokens for interest
- They are also borrowing ~$4M of ETH, CRV, and SNX from others
- Their only staked holding is Aave - which is their lending protocol of choice. But they are only staking 2.5% of their total wallet This wallet is okay with missing out on some upside and is all about that juicy lending [yield](. Talk about being your own bank. 3/ [âThe Liquidity Providerâ]( (~$15.5M in assets) DeBank - This wallet does not hold any stables, but they keep almost all of their money in well-known tokens like ETH, BNB, and LINK
- They make up for being less risky by providing funds to [decentralized exchanges]( as liquidity and taking a small slice of each trade
- This wallet is a very active trader and has been in and out of PEPE more times than Iâve watched Step Brothers The Milk Road Take: It's pretty cool that the blockchain allows you to watch what the biggest players are up to in real time. But having a lot of money and being a whale doesnât mean theyâre successful investors. Itâs always important to DYOR, Roadies. Reply to this email with your favorite wallets to watch! [EARN ADDITIONAL YIELD ON YOUR ETH WITH ORIGINâS OETH LAUNCH]( Origin Ether (OETH) just launched on Ethereumâs Mainnet! Released by [Origin Protocol](, OETH earns sustainable, risk-adjusted yield directly to holdersâ wallets. Thatâs right, no gas fees. Hereâs how OETH works: - Users deposit ETH, stETH, rETH, or frxETH to [mint Origin Ether](
- OETH earns staking rewards by aggregating across all providers
- The protocol earns additional yield through trading fees and token rewards on Curve on Convex
- Holders receive yield in their wallet every day, with no gas fees required Itâs also audited by leading security firm OpenZeppelin, you can rest assured that Origin contracts are battle tested. Get started today and stack ETH faster with [OETH](! [Boost your ETH yield now]( AXIE INFINITY IS ON APPLEâS APP STORE NOW ð® Axie Infinity has had a wild journey⦠- It was one of the top play-to-earn NFT games (at its peak, it had 2.8M users)
- Then got hacked for $600M+ in the largest hack in crypto history. (All because of a [âFake jobâ scam](â¦) Now itâs making headlines again: Axie Infinity is launching an NFT game on the Apple Store. Thatâs right, after 2 long years of trying to get Appleâs approval, they finally got it. (If you needed some motivation to finish that last rep on the squat rack, here it is.) [tw profile: Piers Kicks] Piers Kicks @pierskicks [tw] It was only a matter of time... @AxieInfinity is now live on iOS. Big moves for the space as a whole, and awesome to see the team's relentless drive throughout difficult times. Lots to learn still on how crypto might work with the App Store, but an exciting step nonetheless. May 17, 2023 87 Likes 12 Retweets 2 Replies Here are the MilkNotes⢠on everything you need to know: - Users battle each other to collect/trade NFTs & earn rewards
- New users will get a free non-NFT âstarter character.â No need to buy an NFT to start playing
- If you already own one of the gameâs NFTs, you can move them into the app & play
- Itâs only available in Latin American & Southeast Asia, for now
- BUT you can only claim certain rewards on desktop - not in the app. Looks like Appleâs still cagey about its 30% cut of all App Store sales⦠Why this matters: Apple hates NFTs more than my Aunt Lori (she calls them the âDevilâs JPEGsâ), so this is a big move. And itâll be the first time Apple lets outside NFTs into its App Store. Now, 1.5B+ people will start having access to an NFT game. Talk about a giant step toward mass Web3 gaming adoption. FUNDING FRIDAY!ð° Itâs Funding Friday! This week, $171M was invested in Web3 companies. Hereâs who got that bag: [Auradine]( got $81M for its blockchain security solutions. Ex-Google & Intel folks founded it. [River Financial]( got $35M for its Bitcoin-focused financial services. Among the backers is Peter Thiel⦠[Hourglass]( got $4.2M for its Time-Bound token trading marketplace. A+ branding right there. [anotherblock]( got $4.3M for its platform that lets you invest in music and earn royalties. You buy your share via an NFT. Check out the full database of companies that have raised money this year, right [here.]( MILK & COOKIES ðª [A company called Fahrenheit is in the lead to buy Celsius.]( You canât make this sh*t up⦠[SEC tells Grayscale that Filecoin is a security.]( While continuing to leave Brian Armstrong and company in the dark. [Binance Australia suspends AUD fiat deposits.]( Another chapter in the âDude, where is my car fiat?â [The first Solidity smart contract is now running on Bitcoin.]( First Ordinals, then BRC-20s and now smart contracts. Whatâs next for the grandfather of crypto? MILKY MEMES 𤣠Share Milk Road You currently have 0 referrals, only 1 away from receiving The Next 10x Opportunity in Crypto for 2023. [The Next 10x Opportunity in Crypto for 2023]( [Click to Share]( Or copy and paste this link to others: [ HIT THE INBOX OF 250K+ CRYPTO INVESTORS Advertise with the Milk Road to get your brand in front of the Who's Who of crypto. The Roadies are high-income crypto investors who are always looking for their next interesting product or tool. [Get in touch today](. What'd you think of today's edition? - [ð¥ð¥ð¥ð¥ð¥ F**king great](
- [ð¥ð¥ð¥ Meh, do better](
- [ð¥ You didn't bring the heat]( ROADER REVIEW OF THE DAY VITALIK PIC OF THE DAY [tw profile: Milk Road Images] Milk Road Images @MilkRoadImages [tw] live footage of me waiting in line for Taco Bell #notanad May 19, 2023 0 Likes 0 Retweets 0 Replies DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research. [tw]( [ig]( [yt]( [tk]( [in]( Update your email preferences or unsubscribe [here]( © Milk Road 603 Munger Avenue Suite 100 #1006
Dallas, Texas 75202, United States [[beehiiv logo]Powered by beehiiv](