11 Wealth Codes" by Synthetix Founder

As BTC continues its upward trend, surpassing $4400, FOMO sentiment is gradually spreading. Synthetix founder Kain Warwick (kain.eth) has listed 11 project names on his personal social media account, referring to these projects as “sprouts in the long winter.”

Lrya (LYRA)

Positioning: Options protocol built on top of Layer 2 solutions like Optimism.

Official account: https://twitter.com/lyrafinanceKain Warwick's Comment: Lyra's community echoes the atmosphere of Synthetix in early 2019, a rarity I seldom see in other project communities, and Lyra v2 is about to be released.

Optimism (OP)

Positioning: Leading Layer 2 network.

Official account: https://twitter.com/optimismFNDKain Warwick's Comment: “The super chain” will be a dominant narrative in 2024. This technology is sound and will improve further. We'll witness more new chains choosing to deploy based on the OP Stack next year.

Ammalgam (No token yet)

Positioning: Emerging DeFi protocol integrating borrowing and trading.

Official account: https://twitter.com/ammalgamKain Warwick's Comment: This is one of the first projects I mentored. They've completed a small seed round of funding and are currently refining the product, with an upcoming test version expected. They are raising more funds.

Thales (THALES)

Positioning: DeFi derivatives protocol.

Official account: https://twitter.com/thales_ioKain Warwick's Comment: Thales is one of the quietest ecosystems. Frankly, I believe they need some consolidation before the bull market as they have 80 sub-projects. They've been building for many years and are deeply involved in the GambleFi field.

Tazz (No token yet)

Positioning: Decentralized debt market.

Official account: https://twitter.com/tazz_financeKain Warwick's Comment: I once suggested they rebrand, but for some reason, they haven't done so yet. I believe on-chain bonds will be a significant theme next year as projects seek financing through debt rather than equity.

Illuvium (ILV)

Positioning: AAA-grade blockchain game.

Official account: https://twitter.com/illuviumioKain Warwick's Comment: I got in from $1800 down to below $40. I'm not sure if they have prepared enough meme propaganda for the game's launch, but they should. When Illuvium goes live, I think it will surprise some people.

Pyth (PYTH)

Positioning: Oracle services.

Official account: https://twitter.com/PythNetworkKain Warwick's Comment: I'm incredibly bullish on this project. They've been working hard even in the bear market and continuously introducing new solutions.

dYdX (DYDX)

Positioning: Leading derivatives protocol.

Official account: https://twitter.com/dYdXKain Warwick's Comment: If

DYDX token

holders can unite to overthrow the autocratic founder, Antonio, I'd be bullish.

Curve (CRV)

Positioning: Leading DEX.

Official account: https://twitter.com/CurveFinanceKain Warwick's Comment: Though I'm still sore from Mitchwill's (Curve founder) actions in 2020, the ve concept still holds power in the bull market.

Lit Protocol (No token yet)

Positioning: Key management infrastructure, raised $13 million in Series A led by 1kx.

Official account: https://twitter.com/LitProtocolKain Warwick's Comment: Frankly, I almost don't want to put this project on the list because they're currently Infinex's secret weapon.

Infinex (No token yet)

Positioning: Synthetix-based DEX market supporting derivatives trading.

Official account: https://twitter.com/infinex_appKain Warwick's Comment: The pace of expansion for this project is faster than any other I've seen; the DEX wars are just beginning.