EARN$43.6K-2.8%

Infra is starting to catch bids on RHC. And infra enabling new ways for DeFi to interact with the onchain equitity layer is poised for growth. Infra like $NOTE and $PARE have been running hard and are poised for explosive growth. $EARN is the yield layer offering new ways to earn from holding and depositing onchain equity positions into the omni pools (a new DeFi primitive) turning unproductive assets into high yield earning assets. The team is cooking up new features practically every week and the token is down 50% - 60% from the ATH while other defi infra ($PARE, $NOTE etc) has started running. At 3.5M FDV, EARN is likely to be repriced. It's not yet catching the attention (and liquidity) it deserves, but I fully believe this will happen. Added more here even though my position is already significant

Note Systems$68.4K+37%

Building a novel DeFi primitive in a 500B market. Doxxed team (behind Ordiswap), fully working product already built out and audited, and huge growth ahead, coming with a surge of onchain equity expansion on RHC over the next 12 months. $NOTE is one of the most exciting new DeFi protocols and a future 9-figure infra. 8M now, 80M soon, and 800M later one. Going in on my conviction here that this is going to be one of the leading new DeFi protocols on RHC with an untapped new market. My future self will come back to this market cap and wish I took a mortage out and threw it all in here.

Note Systems

"Note Systems is the protection layer for tokenized stocks." The next big new financial primative, bringing a product that's never been onchain before: structured autocallable notes. This is a 500B industry that is traditionally very opaque and handled by banks. Right up there with $PARE (PARESTOCKS) as a new financial primative for onchain equities. You can take tokenized stocks and convert them into structured autocallable notes. Buy downside protection as the stock owner and keep your position. Or take the other side by providing that protection and earn a fat yield. $NOTE is disintermediating the middle man (i.e. banks) and bringing this onchain. It's a massive new market that opens up a brand new yield opportunities. Every other protocol is mostly trying to squeeze the same lemon for more juice. NOTE is juicing a different kind of fruit altogether, and not just a lemon: an entire orchard full of oranges waiting to be squeezed. Note Systems if the first mover in this space right now with no competition. When the market catches on, NOTE is going to dramatically reprice. It's an entirely new market to earn yield from -- and every single onchain equity owner is a potential buyer or seller of NOTES. This is going to be massive. NOTE is a 9-10 figure protocol if they execute. -Doxed defi devs (Ordswap devs) -Audit in progress -Contributed 200k of own money for lP pool - only 30% of token circulating. 30% is vested. 40% not minted. circ market cap 1/3 of what showing. Both NOTE and PARE are the most exciting, game changing new financial protocols, first movers in this space and bringing new yield opportunities that did not yet exist. 0 to 1 protocals.

Pare

Price has come down a good 60-70% from the highs. Right now project is all dev vibes and future expectations. Also Pendle came into the same market. But the onchain equity RWA market is massive and completely underserved right now. It's only going to vastly expand. And a key part of this will be to offer trading and lending markets around splitting dividend stocks. This market is currently at ZERO right now (pendle and pare both aiming to do same thing, though PARE here is clearly the first and the innovator). Pendle as the pedegree while PARE is the scrappy upstart. The market for this is massive though and there is going to be room for two big cap projects. At ~7M, PARE is cheap if they execute here with a huge amount of room for growth. I see this as a 10-100x bet here. Sep 19 is the audits and then the product (lending markets) go live. IF this happens and there are no issues, it's reasonable to expect a repricing (upward?) of PARE. Maybe 15-30M range is my guess. After this, comes down to product offerings and how much the TVL starts to scale. Slowly then maybe an avalanche.

EARN

The market is starting to catch up. One of the most solid DeFi plays. As the onchain equity market expands, EARN is going to grow along with it. Undervalued considering what they have going on right now. Dev is shipping like mad and adding new things to do with the pools, creating new primatives with the omnipools. This is going to be a 100M + protocol. Feel getting in at these current market caps will look cheap in the coming weeks and months...

EARN

The YFI of Robinhood. Simple. Earn yield with onchain equities. This one is a 10M-50M protocol sitting at a mere 2M FDV. Grab it while you can get it cheap...