If you are interested in investing in decentralized finance (DeFi) projects and preparing for the next
#BullRun , you know how hard it can be to find reliable and up-to-date information. There are hundreds of protocols out there, each with their own features, risks and rewards. How do you know which ones are worth your time and money?
Well, I have good news for you. I recently discovered a great tool that helps you see which projects have raised funds from investors in the past month. This tool is called DefiLama and it's a platform that tracks the performance of DeFi protocols across different blockchains. So don't let your
#CryptoFearandGreed hold you back!
In this article, I'm going to show you how to use Defi Lama's raises feature to find hidden gems in the DeFi space. You won't believe how easy it is!
Step 1: Go to defilama.com and click on the "Raises" tab.
source defilama.com
This will show you all the projects that have raised funds from investors in the past month. You can see the name of the project, the amount raised, the date of the raise, and the lead investor.
source defilama.com
Step 2: Download the data into Excel.
soruce defilama.com
You can download this data into Excel by clicking on the ".csv" button. This will give you a spreadsheet with all the information you need to do your own research.
Step 3: Sort the Excel file by any metric you want.
You can sort the Excel file by any metric you want, such as the amount raised, the valuation, or the return on investment. This will help you identify the most promising projects and see which ones are undervalued or overvalued.
Step 4: Use this list of projects as a starting point for your own due diligence.
You can use this list of projects as a starting point for your own due diligence. You can check out their websites, whitepapers, social media accounts, and community forums. You can also look at who are the lead investors and see if they have a good track record and reputation.
Here are some of the projects that caught my eye from the February raises:
If you want to stake your ETH without giving up control or paying high fees, you need to check out Ether Fi. It's a decentralized and non-custodial Ethereum staking protocol that lets you earn passive income while supporting the network.
If you love animated celebs, vinyl toys and digital collectibles, you need to follow SUPERPLASTIC. They are the world's top creator of synthetic celebrities and they just got a $20 million investment from Amazon. They are also developing an animated comedy series with Amazon Studios starring Janky and Guggimon, two of their most popular characters. This is huge, guys. Don't sleep on SUPERPLASTIC. They are changing the game!
If you want to trade crypto anonymously and securely, you need to check out Renegade Finance. They are the first on-chain dark pool that uses MPC and ZK proofs to enable anonymous crosses at midpoint prices. They are backed by Dragonfly Capital, one of the most respected crypto funds in the world. They are revolutionizing the crypto market structure and giving you an edge over other traders. Don't miss this chance to join renegade finance and trade like a pro!
These are just some examples of projects that you can now research and potentially invest in using Defi Lama's raises feature and use it to grow your
#BTC and
#BNB and not worry that your protfolio might be an
#SVB .
Remember, this is not financial advice and you should always do your own research before investing in any project. But I hope this tool helps you find some gems in the DeFi space and gives you an edge over other investors.
That's it for today's article. I hope you found it helpful and informative. If you did, please share it with your friends and follow me for more tips and tricks on how to crush it in the crypto world. Peace!