Uncovering promising protocols in their infancy can reap lucrative rewards.Tokenless, strategically fundraising and tokens that TGE-ed within 24 hrs, these protocols hold untapped potential.5 young projects packed with strong growth elements 🧵

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1/ @0xSchwap powers OTC trades across all types of assets ERC20 tokens, NFTS to hybrid trades.Pre-seed raise: 500k in 44minsIDO raised: 350 ETH at FDV4.4m$SCH live 24h ago. Might want to note on the 4 week linear vesting schedule for Angels and Seedoors 25% unlocked weekly

2/ @CogitoProtocol creates digital assets with low volatility called “tracercoins” while the AI aspect comes in to maintain asset peg.Seed FDV 20mCommunity FDV 32mTGE Inital MC 1mTGE FDV 40mIDO on 2 Jun will occur on 4 launchpads (raising IDO now)

3/ @Athena_DeFi_ is the yield booster on top of Hummus Exchange.Athena is a fork of Vector finance and build by the same team.IDO raised $176k$ATH live 12 hours agoFDV 1.2mPerfect for yield farming with double digit stable yields

4/ @protocol_fx creates low volatility assets paired with leveraged long ETH perp token. LSD perps project by @aladdindaoUser deposits ETH mints fETH, xETHNO team allocation, NO presale or VC involvement1st round IDO raised ~$600k2nd round IDO - TBCFDV 20mKeeping an eye

5/ @Penpiexyz_io focuses on locking $PENDLE to obtain governance rights and enhanced yield benefits within @pendle_fi. Product of @magpiexyz_io$600k hardcap on CamelotVesting: 30% Unlock at TGE, rest 1 Year Linear VestingFDV 3m

Source: https://twitter.com/arndxt_xo/status/1664683306724790272