December Narratives & Catalysts to Watch

The coast looks much clearer from a contagion perspective and macro is slowly improving. Risk is getting put back on. This post is for those of you that don’t have the time to spend all day researching what’s hot on twitter and to examine upcoming narratives and catalysts that are worth watching. Below is a quick cheat sheet for all things exciting in crypto today in no particular order (none of these are recommendations, please do your own research).

• Revised SUSHI Tokenomics - Will likely be a bullish catalyst for the DEX, coming in the next few weeks. Around 4 smart money wallets have allocated $100k+ to the token in the past 30 days, so there are some traders excited about the catalyst + turnaround of the project.

Jared Grey @jaredgrey

I'm pleased to report that @captgeeky & I have completed the first draft of @SushiSwap's new tokenomics & will present it internally next week. Stay tuned for the public draft in 2-3 weeks.

• GNS Arbitrum Launch: With the audit out of the way, the launch should be fairly soon. Likely a bullish catalyst from both a price standpoint but also for usage/fees.

Gains Network 🍏 @GainsNetwork_io

A lot of you have been asking how our Arbitrum audit with @HalbornSecurity went. The truth is... ✅ It went great! ✅ There were no major, medium, or minor issues - just a few comments. The full report is being finalized and will be available soon. 🍏

• Decentralized Leverage Trading Season - one of the hottest narratives out there with a bunch of perp trading projects popping up left and right. Both old and new tokens within the vertical are pumping, so worth keeping an eye on any overlooked or massively growing projects.

• PERP Fee Sharing - Active proposal out there to distribute trading fees to vePERP holders.

McKenna @Crypto_McKenna

$PERP is getting ready to launch USDC fee sharing where 20% of trading fees will be distributed to vePERP holders. This is real yield. Proposal is here to direct 100% to vePERP holders and none to the DAO initially.

gov.perp.fiProposal: Fee Distribution Parameter Vote Relaunch - Fee SplitBackground A 2nd-gen tokenomics strategy was designed and implemented in 2022, with the final and certainly most anticipated component expected to go live in the coming weeks—USDC fee sharing. Votes were held earlier in 2022 to decide various tokenomics parameters, but one did not pass quorum: vePE…

• Dopex / rDPX - dpxUSD launch in the next few months (especially with CRV USD getting wrapped up). Dopex is also launching Option Perps.

0xSaitama @0xsaitama_

Ok, so the cat is out of the bag🐈‍⬛ Dopex will be adding perp trading into its product line but this is not another typical GMX fork Introducing a first: "Option Perpetual Trading"😈 Today we explore this new concept and demonstrate its distinctive disparities👇

• BONE / Shibarium L2 Launch: Smart money balances are near ATH on the year, so maybe we are finally getting close to launch?

Source: Nansen

• GMX Synthetics Launch - Seems like we are getting pretty close on this one and we’ve seen almost $1mm of smart money inflows over the past week on chainEDGE, so definitely a catalyst worth watching.

• APE Staking - Launches on December 5th.

• LINK Staking - Launches December 6th.

• CRVUSD Execution - Whitepaper has been published but the stablecoin hasn’t launched yet.

curvecap.lens @CurveCap

November 22, 2022: $crvUSD White Paper 🦙📝 Brief overview of the newly public @CurveFinance Stablecoin Repository open.substack.com/pub/curve/p/no… Having trouble understanding the highly technical $CRV whitepaper? Here's our quick review... 🧵1/9👇

open.substack.comNovember 22, 2022: $crvUSD White Paper 🦙📝Brief overview of the newly public Curve Stablecoin Repository

• YFI v3 - Proposal for veYFI is now active, so we are basically there now.

• Arbitrum - Resumption of Odyssey at some point, a lot of projects are launching on the chain + are pivoting to the chain. A small degen szn has already sprouted up, so worth keeping an eye on all things Arbitrum.

• Camelot Public Sale + Launch: I wrote a bit about this one here, but the public sale is currently going on for the Arbitrum DEX. Worth watching to see how TVL progresses over time.

• Berachain - Not entirely sure this launches by year end, but it looks like we are getting closer. If you want to learn more, you can read my write up here

greasy strangler 🐻‍❄️ @greasystrangle

henlo world

• Uniswap NFT: The project just launched a NFT marketplace aggregator, so worth following to see how it does.

Loopify 🧙‍♂️ @Loopifyyy

Uniswap just released their NFT marketplace aggregator (they acquired Genie this year). Will be interesting to see how it does, another big contender. And if you used Genie previously, you can also claim a free $300 airdrop. 🫡

• Rage Trade Delta Neutral Vaults:

0xjager 🦇🔊 @0xjager

Ever wondered where you can get the highest on @arbitrum? @rage_trade will shortly launch their flagship Delta Neutral (DN) vaults. This brings Rage Trade one step closer to building the largest stablecoin farm on Arbitrum. Let's take a deep dive! 🧵👇(1/33)

• Pendle v2:

Pendle @pendle_fi

Pendle V2 is now live on Ethereum! Come on over and pick up stETH, FRAX-USDC, and $LOOKS at a discount now: app.pendle.finance

• Massive SAND Unlock coming in February: Per Token Unlocks:

• dydx v4 - Still a little early, but probably Q1-23 launch.

dYdX @dYdX

No matter bull or bear, we keep working to build v4 for you.

Disclaimer: This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.