CV8

@cjoye Buy Bitcoin

The single biggest winner from the budget: the tax-free owner-occupied home, which is where people will put their money. After the budget doubles the capital gains tax on productive businesses/assets from circa 23.5% to 46-47%, investors will understandably pull money from businesses, shares, commercial property and rental housing and plough it into their tax-free owner-occupied home. It's a great way to push up the prices of these houses. On the other hand, cutting negative gearing while also doubling CGT makes investing in rental properties extremely unattractive. It hammers the capital gain upside on any asset: shares, commercial property, the small or medium sized business you built, venture capital and private equity. It will give Australia the most unattractive capital gains tax in the WORLD (see table below)! So the government's policies will (1) push up owner-occupied house prices, (2) push up rents, and (3) reduce the capital available for investing in any small, medium or large sized business that is driving employment, innovation, growth and productivity/prosperity. Investors will go to other countries where they pay half the capital gains tax, or less. Since these pollies have never worked a day of their lives in the private sector, it is no surprise that when they decide to completely and unilaterally rewrite the entire tax system for all investors and businesses -- after promising before the last election more than 50 times NOT to change the capital gains tax and negative gearing rules -- that they would blow the entire Aussie economy up... Your best bet will be to buy a house, live in it, and hope they keep dropping 500,000 new people into the country every year to pump-up prices...

Milking soon to start

@MilkItFinance I am looking forward to building my farm 😀

milkers edition is phase 2 prelaunch access before the full system opens details below x.com/MilkItFinance/…

Early Access applications are being reviewed The lucky ones will soon receive their referral codes!! In the mean time show us your Devnet MilkIt barns for an increased chance at those ref codes 👀

48 hours become an early milker open now: early.milkit.finance

Certified milker reporting for duty @MilkItFinance

milkit devnet is live: milkit.finance write a thread about testing it best two threads win a first barn keep interacting with our posts make sure you're early

@MilkItFinance GS2XAmv5J99Tz1xMvRorctMNuQEAVW4NrcNDbe9igfpV @gandalfsbeard_ @ewanbrunton99

first barn, free. (giveaway) early access before launch. early meta. farm rewards. get ahead. how to enter: – like + rt – drop your sol wallet – tag 2 milkers

@MilkItFinance 0xD146E9Eee28e4aE925C7158b02accF546a723522

tired of getting milked? become the milker instead. drop your wallet below.

@MilkItFinance Milk me silly. This si going to be great. Be ready to build your farm.

if you’re seeing this, you’re insanely early. the milk hasn’t even started flowing yet. every interaction counts toward priority access.

@WhiteHouse Milk It Mr President, Milk It!!

Whole milk is back. 🥛

@WhiteHouse We heard you loud and clear @POTUS We are marking $MILK great again on @solana

@Gravity_Finance Get in early on these Silos, easy as pie to set up, then look at the returns (occasionally 👌) 😉

Impermanent Loss is an issue in DeFi as we all know, and IL can still happen in Silos, but over a longer timeframe Silos are staying ahead of the curve, especially when compared to manual positions. Compare these two charts (they are rough, sorry), you can see how Silos compares to manual (these are both 4% range LPs, the Silos has used more gas, but even after accounting for gas costs the Silo is up about 6% in 2 weeks, where the manual position is -1.72% down (despite the high rewards APR), mostly because it keeps going out of range but also due to the impermanent loss.

Are you providing liquidity on a DEX? If you're LPing manually, you're probably missing out via out of range positions and/or heavy impermanent loss. You should check out Gravity Silos, we pre-build various strategies that we feel have longevity with regards to liquidity depth and rewards. As you can see in the screenshot below, we're currently seeing from 2000% APR to 4000% APR on a range of different LP's @ShadowOnSonic. The best part about Silos is that you can set and forget because the Silo automates so much for you, such as rebalancing the LP to keep you earning rewards or claiming the rewards and compounding them for you (or sending them elsewhere if you prefer). We offer a couple versions of the same LP's, for more stable pairs, the 2% range returns are better and for more volatile pairs the 4% range returns have been better. USDC/stS for example I have personally been seeing better returns using the 4% range as the price of S has been increasing so much this last week.

If you would like to see these strategies in action, you can find them at gravityfinance.io/silov2/strateg… Also, check out this from last week, we published some results from our initial testing period. While S was declining in value over the space of a week, and manual LP's were losing ~3% value, our Silos managed to net some profit during the same timeframe. x.com/Gravity_Financ…

@Gravity_Finance @ShadowOnSonic Getting Ws rewards is amazing on top of the great yield on Silos!!!!

Our lead developer just informed me that the Gravity Silos strategy for USDC/scUSD is earning wS rewards as well as x33 rewards! @ShadowOnSonic Epic!

@Gravity_Finance And it's a great no nonsense community. Be early on @Gravity_Finance new Silos

If you want to know more about Gravity Silos, check out our Medium posts gravityfinance.medium.com or come and join our Discord.gg/gfi community!

Our lead dev has been working hard on creating some more strategies for our Silos product, check these out! LP Provision at @ShadowOnSonic for wS / USDC This one uses the 2% range to maximise rewards, and our Silos automatically rebalance the LP position for the user to stay in range any time the value of the underlying assets change more than 2% from the starting positon! Additionally, Silos automate harvesting and compounding the rewards for the user, and allow for single-asset deposits, the Silo handles all of the heavy lifting for you!

@Gravity_Finance @ShadowOnSonic I have used this one and it maximises returns with great protection as it monitors itself.

@Gravity_Finance @ShadowOnSonic Devs delivering these great Silo strategies that are giving great returns and are easy to use. Dont miss making it big this bull market.

We're seeing 140% APR on wS/stS at the moment on Gravity Silos utilising @ShadowOnSonic LP's 140% might not seem like much, but on a stable-pair (wS/stS) with minimal IL risk, that is pretty huge. Our Silos automatically rebalance if the price diverges too much (2% Reposition triggers). Silos also allow users to set up harvesting schedules and rules, compound the rewards or send the tokens out to another wallet, or even another Silo to utilise them elsewhere. You can also deposit a number of different tokens into a Silo to make getting into a strategy a breeze, single-asset deposits (wS, stS, USDC) and let the Silo do all of the work for you.