Ewok
3.6K posts









sUSDe at 5x on Alto: ~20% net APY. syrupUSDC at 5x on Alto: ~12% net APY. Stablecoin funding stress is bidding up yield bearing collateral. Base yield is ~5%. Cheap leverage does the rest. Kindly note that rates are variable and leverage carries liquidation risk. app.alto.money/strategies




A crypto investor has just given up after losing most of his assets: - 7mon ago, to prove his loyalty, he bought 1.046M $CRV and deposited it into a pool, which allowed him to participate in protocol governance and earn a share of the revenue. - He spent a total of $925K at an average price of $0.8842. After 7 months, protocol revenue declined, making returns insufficient to cover costs. Most importantly, the token price dropped nearly 80%, causing such a shock that he fainted for 30'. After waking up, he decided to sell everything: - 2h ago, he deposited the entire 1.046M $CRV to Binance to sell. - Total received: $221K at a price of $0.2111. - A $704k loss - straight like a dagger. He is in deep pain, and you can feel it through the video he just sent me. I'll leave his wallet here. If you’re interested, you can reach out to him on-chain to share some sympathy! Wallet: 0x6c44E47b53Ce126dE8b4D1957BbF049bFCe0281A





