What if I told you that a single crypto token captures and reflects the ENTIRE crypto marketcap?
TCAP is a total marketcap capitalization token that captures the overall market cap of all of crypto. Yes, ALL of crypto. It's not just BTC, ETH, ADA like some index funds, it's the entire marketcap.
It has ~201% APY returns right now in https://app.cryptex.finance/farm on the ETH/TCAP farm so you don't have to worry about the risk of IL (impermanent loss). When ETH goes up, so too does the overall market of crypto. Pretty neat right?
It gets even better!
CTX is the governance token for TCAP. The current APY is ~505% right now in the ETH/CTX farm. We're being told from the Cryptex team that we'll be getting the CTX single-stake farm this week sometime. Personally, I'm heavily invested in CTX so I am looking for another run at CTX's ATH which sits @ $44.13. Currently, CTX is sitting at $30.88 with ~$2,599,286 in 24-hour trading volume as of 5/10/21 @ 5:48 UTC. Not bad! Let's fucking GO though :)
Exciting times!
Cryptex's team is comprised of legends in the space, including ETH titans, Joe Sticco and Preston Van Loon. Here is the whole team currently:
Cryptex has a very active and responsive crew on Reddit and Discord and I am happy to say you can zap into pools/farms for CTX and for TCAP respectively through Zapper.fi, my favorite dashboard I use for DeFi. Right now, they're searching for active and responsible investors to apply to help manage CTX/TCAP governance proposals. Maybe that's something you're interested in? I've never reviewed proposals before and it seems like too much stress for me personally.
Still want to learn more about what Cryptex is all about? Check out their awesome launch video (). My body is ready. Is yours?
