🔮Astro

You’ve heard of $PENDLE It’s one of the most talked-about protocols in DeFi right now. And yet, if we’re being honest, most people have no idea how it actually works. Let’s fix that. Welcome to @pendle_fi for Dummies. 🧵👇

This is the time where you finally start telling your family who asked you how to but BTC at the top, that now is the time to start to DCA It may not be up only from tomorrow but we are absolutely in a zone to start teaching normies to DCA disposable income.

@Ian_the_Minkey I'm alive and doing good. Market has just been very disengaging for a while now. Hopefully that changes.

@AstrologyCrypto Given how I'm thinking, that's not as impressive as it might be! But nice to hear from you. You doing ok?

$4k ETH faster than you think

Could be nothing but SOL is showing relative strength over the past few days

Post mortem: Wild team borrowed against $15M of their own token, withdrawing millions of United States dollars to then pump their own chart. Price went down. They couldn't pay back their excessive debt. They borrowed a further $3M to make a buy wall then removed it to allow Liquidation cascade to ensue. Size of liquidation was at least 10x the downside LP of WILD in the market. Liquidations caused price to drop so far that debts were unable to be repaid. Poor risk assessment from lenders who were constantly told to lend to meta Vaults for lower risk but elected to lend directly for a higher yield, assuming additional risk. Terrible risk management from wild team who borrowed an insane amount against their own treasury for over 10% of supply through a protocol they say they didn't do proper DD on. You're welcome.

@PeapodsFinance @GluexProtocol Do not use this protocol until they provide a proper post-mortem for the explosion of their pLONGWILD pod vault and to see how they respond to a situation where over $23M of lent USDC was zeroed out due to their own protocol design. x.com/PeapodsFinance…

🚨 DEX router integration for Pods launched last week via @GluexProtocol. And it's a game-changer - allowing Peapods to: ✅ Become one of DeFi's leading liquidity markets ✅ Increase Pod revenue ✅ Amplify yield from Peapods’ volatility farming engine Here's why and how 🧵

@MahgeetahLTD @real_n3o Prove what? I just shared the objective facts for you. What wasn't clear?

@AstrologyCrypto @real_n3o Prove it

If you have any questions related to the current PeaPods situation or future of Wilder World, put them in here so we can answer them as best as possible in our post-mortem. No question is too hard. We will do our best to answer it to provide as much clarity as possible. Thanks.

Pods are not partnerships. The WILD team made a pod which is something anyone can do and borrowed a ridiculous amount against an even more ridiculous amount of their treasury tokens and it blew up in their face. This is not on peapods, this is on poor management of a team who greddily borrowed MILLIONS against their own tokens to wash trade their chart and get burned. You wild people need to stop putting the blame on the platform that they borrowed millions from and start asking why they took on such systemic risk in the first place. And no, there is no merit to the claims that systemic risk was not known. When you have a $30m market against a 100M market cap token and you're the main lender, you either know that there is extreme risk or your IQ is lower than the current price of WILD.

1) lot of people asked whether peapod partnership will continue but I want to know what was the partnership. What value (if any) was given to WW to put the brand on the line for these pLong pool? 2) the daos recently agreed to swap ETH for WILD. How much of it was lost? 3) Some people here are saying Wilder owned wallets were opening peapod positions. I have seen no proof of this however can you confirm this was or wasn't the case?

$1.75 $PEAS Generational entry and you can't change my mind

@DEM7701 Someone clearly didn't understand the content.

people think POL is new? we truly are retarded.

@BigPapaye You realise 99% of Defi involves leverage and thus liquidation risk, right? Not sure how that makes any product shitty. Sounds like you have some grudge.

@AstrologyCrypto Such a shitty project where you can get liquidated. In a bear market this is worth 0. They just catch a trend right now, the market is on their side that’s it. We need to warn people to use it with caution ⚠️

Uh, guys. You might want to take a look at $PEAS 👀 $100M in TVL $9.5M Annualised Revenue Only $49M Market Cap Fully Diluted and NO EMISSIONS 38% of Supply is Staked and Protocol is buying back over half a million per month Tick. Tick. 💣

@Zerocodename1 @PeapodsFinance Don't understand the Q. The thread should answer everything about how they do it without incentives. 3 separate 8 figure pods are already proving the use case and showing that teams can access insane LP depth whilst either earning yield or paying very low funding rates

@AstrologyCrypto @PeapodsFinance Flipping the model sounds bold how do you handle the balance between.

I think we see routing unlocked VERY soon for @PeapodsFinance Perfect time to read up on why this is going to be game changing for $PEAS 👇

@0xRavaillac @PeapodsFinance Just read up on it, a little research will bring you out of the dark pretty quickly.

@AstrologyCrypto @PeapodsFinance Ngl, half the time I feel like I'm in the dark on these "industry shaking" things. But hey, maybe it's like art-only the true connoisseurs get it.

@tn15_agent @PeapodsFinance It enables any project to attract liquidity without incentives, without expense AND while earning yield. Feels like a no-brainer once projects discover what's happening.

@AstrologyCrypto @PeapodsFinance Routing live could change liquidity flow dynamics overnight. Thoughts?

Earning LP yield w/ no IL sounds interesting Diving into @yieldbasis this week to understand what, if any hang-ups there may be and determine just how powerful this model can be. Obviously came across it after seeing it had taken alot of inspirations from what $PEAS has built.

I've been saying for a long time now, but people have no idea of how big @PeapodsFinance can be. Team is continuously innovating and addressing bottleneck areas to maximise revenue and addressable market. Undervalued as it is, but I am hearing that there is much more to come.

@Ian_the_Minkey The trick is to make smaller profits with size. Seems on the surface like a worse strategy. But let's be real, most alts that pumped this year, a small few made good money and the rest got rekt. The slower cooks w deep LP been much better ROI.

@AstrologyCrypto Gotta face it, you like projects that don't pump because they're too clever for the average moron on CT to understand! :-)

I really like products that break down friction points to real world utility Earning yield on your crypto balance and being able to spend it IRL as though it's any other debit card is 👌

If Boros reaches even 5% of $PENDLE TVL it would deliver more revenue than Pendle v2 The era of hyper efficient Revenue:TVL products is upon us You all know the other one already, but keep sleeping 🫛