Gecko Ramblings 17-9-2022

Disclaimer: The information presented is not financial advice from CoinGecko. The information shown here may carry risks of smart contract failure and impermanent loss. Always DYOR and only invest what you are willing to lose. Share your feedback on our Gecko Ramblings series!

What our analysts are rambling about 🔍

Anomura

If you're a fan of Crabada and having adventures on the high seas, you might want to keep your eye on Anomura, an upcoming nautical-themed strategy RPG game.

Users control their Anomura, a hermit crab NFT, to explore and battle various enemies to unlock new skills and rewards.

Their first collection of 2000 NFTs have been sold out, but you can pick one up from the secondary market for 0.65 ETH.

ShAave?

With the right know-how, DeFi money markets like Aave and Compound can be used to enter short positions. One protocol aims to democratize and simplify this process, introducing shAave.

The idea of shAave is simple - all Aave borrowable assets can be shorted by borrowing from Aave, and subsequently sold (or bought back later) on Uniswap. shAave streamlines and facilitates this entire process in a single transaction.

The project is still in its early stages, and the product is still being developed at the moment.

EthPoW Shenanigans

Now that the Merge has concluded, small parts of the crypto community are now focusing their attention on the various EthPow forks that have popped up in the past few days.

While these chains have yet to be supported by any major projects, numerous meme coins have popped up on these networks, similar to the early days of Dogechain.

In that regard, we would like to remind our readers of the risks involved when interacting with contracts on these forks and always DYOR before making a calculated investment/gamble.

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