Dom

1/ EIP-7702 is one of the most important upgrades Ethereum has ever seen. It doesn't just change the protocol, it completely upgrades it. Let’s talk about why this matters, what it changes, and why we at @odysseyfi are extremely excited about it 🧵👇

New msETH/WETH market live on @Tangent_fi! More info below 👇

A new msETH/WETH market is live, in partnership with @MetronomeDAO. For the first time, you can borrow interest-free against a synthetic $ETH LP token that pays you in the meantime. Only possible on Tangent. 500k $USG available to borrow. Links & details below 👇

hard road from $1500 to $1900 easy road from $1900 to $140000 it’s a lock

@OdysseyFi lfg

Looking like an Eth to 140K kind of day

Week 8 of sharing interesting web3 projects you probably never heard about: @OdysseyFi. Odyssey brings strategies from different DeFi protocols into one interface and turns complex transactions into a few clicks. DeFi users normally have to move between lending markets, DEXs, bridges and portfolio dashboards to build and manage a leveraged position. Odyssey uses smart accounts and automation to bundle these actions while keeping each strategy organized under one account. One of its main products is Loopr. Loopr lets users create leveraged lending positions without manually repeating the usual deposit, borrow, swap and redeposit cycle. Flash loans can execute the entire loop in one transaction, letting users choose their leverage and manage the position from a single interface. But Odyssey becomes more interesting when you look at the wider ecosystem built around @VesperFi and @MetronomeDAO. Vesper acts as the yield layer. Users deposit assets into Vesper strategies and receive tokens representing yield-generating positions. Those productive assets can then be used as collateral inside Metronome, where users mint synthetic assets such as msUSD or msETH. Because the collateral continues earning yield, users can borrow without giving up the return generated by the original position. A user could deposit ETH into a Vesper strategy, use the resulting Vesper token as collateral on Metronome, borrow msETH and convert it into more yield-bearing collateral. Loopr automates the process and can repeat it several times, increasing exposure to the difference between the yield earned through Vesper and the cost of borrowing from Metronome. Odyssey strategies already combine Vesper collateral with Metronome debt in this way. More users entering through Odyssey bring more deposits into Vesper. Those Vesper positions create more collateral for Metronome, which increases demand and utility for msUSD and msETH. Greater synthetic-asset usage can then generate more borrowing activity, trading volume and protocol revenue. Deeper liquidity makes the assets easier to enter and exit, improving the strategies Odyssey can offer and bringing more users back into the system. MetBasis adds another layer to this flywheel. MetBasis sits on the Metronome side of the ecosystem and uses protocol revenue to provide liquidity for markets such as msUSD–msETH on Uniswap v3 (Oku) on Plasma, and msETH/msUSD on Velodrome. Metronome already deployed more than $2 million of recent revenue into these liquidity routes. The idea is to recycle revenue back into the markets supporting Metronome’s synthetic assets. When prices move, arbitrageurs trade through these pools and pay swap fees. That activity can generate returns for the liquidity while also connecting msUSD and msETH to deeper dollar and ETH markets. Better liquidity helps the assets stay closer to their intended prices, reduces friction when positions are opened or unwound and makes Odyssey’s automated strategies more usable. The main challenge is making the risks as easy to understand as the execution. A strategy may depend on Odyssey’s contracts, a Vesper vault, Metronome’s synthetic assets, external DEX liquidity and the market used to unwind the position. The ecosystem flywheel can also work in reverse. If Vesper yields fall, the spread supporting a leveraged position may disappear. If the collateral loses value, the Metronome position can move closer to liquidation. If msUSD or msETH loses liquidity, unwinding the loop may become more expensive exactly when users most want to exit. Odyssey could improve this with clearer strategy-level risk breakdowns. Each opportunity should show where the yield comes from, which protocols are involved, the net return after borrowing costs and fees, the available exit liquidity and what happens if the synthetic asset moves away from its target price. Position simulations and automated risk controls would also be useful. Users could preview the effect of a market drop, set a minimum health factor, automatically reduce leverage during volatility or exit when the strategy’s net yield falls below a chosen level. Vesper creates the yield-bearing collateral. Metronome creates the borrowing and liquidity layer. Odyssey turns both into a product users can actually access.

Odyssey's top strategy of the week is @ether_fi's weETH on @aave. The weETH/WETH Loopr strategy is currently offering up to ~20% estimated max APY 👇

@deanfyi he comes to save us once again

Clutch

@vildanbina @deanfyi this is actually a great point

@deanfyi the shift from 'i make pixels' to 'i direct agents to make pixels' is the actual change

While I think the outcome of Gal’s experience seems a little extreme, it’s not hard to see where he’s coming from. Ai is getting better & better at design. Deal with it. Designers should learn new tools to accompany their skills. Whether it’s coding, animation, typography, you need to start being an orchestrator of taste across many forms of craft. For the first time ever, designers can build anything. That’s an opportunity, not a burden. Stop treating the development of Ai as a looming day where design dies. Instead, treat it as an opportunity to do more. Focus on craft end-to-end and use Ai with your clients to do faster exploration and more detailed execution. Design will live forever. Whether it comes from an LLM or a Human, it will continue to exist and grow. I’m never quitting design, but I’m growing my skills to be an orchestrator to many agents that can bring my visions to life across all forms of web, brand, and product. I think you should all do the same.

does anyone want one-click leveraged yield on robinhood chain?

You know what time it is. Open Orbit. Today. 12 PM ET. Discord. Get your questions in 👇

Voting is now live for three new Metronome Improvement Proposals (MIPs). - MIP-31: Dynamic esMET Revenue Share Framework - MIP-32: Treasury Reporting Standards - MIP-33: Governance Participation Settlement Voting closes July 13, get involved 👇

defi is dead. welcome to onchain finance

Design system's coming for Yieldr next. UI refresh incoming. Stay tuned.

@TotalWorldApps @OdysseyFi You can check the individual pages for more details or join our Discord, were happy to help!

@OdysseyFi 20% apy is pretty high for defi, but idk the details of those strategies.

Still hunting for high-yield opportunities? These top 3 strategies on Odyssey are currently at 20%+ estimated max APY. P.S. They all earn Odyssey Points too. Check them out 👇

Metronome liquidity incentive spend was $161k this week, a bit lower than the $175k from last week. Aerodrome led with $93.5k, mostly directed to msUSD/USDC C and msETH/WETH C. VoteMarket followed with $58.5k, with the largest Curve allocations going to frxUSD/msUSD and msETH/WETH. Aerodrome’s concentrated liquidity pools are showing slightly higher APYs this week, with 21.68% on msETH/WETH C and 19.39% on msUSD/USDC C. Curve msETH/WETH also remains competitive at 17.98% APY.

Incentives have been refilled for the msUSD and msETH pools on @Plasma! Provide liquidity and earn: • Fees from both pools • +26.91% in additional Merkl rewards on the msUSD pool • +13.72% in additional Merkl rewards on the msETH pool