Defitea.eth

Today I made my 184 Bitcoin purchase. Each buy: $25. I buy once every week. 184 weeks in a row – that’s over 3.5 years (started Jan 8, 2023). This is a public series where I show how simple, small, consistent steps compound into real capital over time. No trading. No chart guessing. No news noise. Just calm, fundamental DCA and long-term thinking. These are exactly the skills I apply when building my 🟩 Defitea Yield Fund and the investment ⬜️ The Holding @theholding_ as a whole. 🔗 Link to my public portfolio with all 184 BTC buys ↓ cryptocompare.com/portfolio-publ… 🧗‍♂️❤️

Another entry in my DeFi journal as I continue sharing the journey of building the fund. Long-term thinking. Patience. High-quality assets. And, of course, DCA. 🟩 Defitea Yield Fund continues taking advantage of current market conditions while prices remain relatively low, steadily adding high-potential assets to its balance sheet. Over the past two days, I've accumulated more FRAX @fraxfinance and immediately locked it into veFRAX, further strengthening the fund's position. One thing I've learned: markets like this offer opportunities that simply don't exist during euphoric phases. Assets that eventually require tens or even hundreds of thousands of dollars to build a meaningful position can often be accumulated today with just hundreds or thousands. Ironically, this is also when the market feels the least interesting to most people. The opportunity is there for everyone – but there's a psychological barrier that keeps most from acting on it. Breaking through that barrier takes years of studying, building conviction, going deeper, and putting in hundreds – if not thousands – of hours. That's what allows you to buy when almost nobody else wants to. God is great. I'm grateful 🙏🏼 theholding.ai/defitea

🟦 Substantia Fund continues migrating its BTC position from Aave to LlamaLend @llamalend The Health Factor is now much stronger, giving the position a significantly larger safety buffer. Combined with LlamaLend's liquidation protection, the overall structure feels even more resilient. And the borrowing rate is another nice bonus – it's significantly lower than on Aave.

🟦 Substantia Core Fund (part of @theholding_ ) is now testing BTC-backed borrowing strategies on @LlamaLend. We've used Aave for a long time, but over the past few months we've found ourselves leaning more and more toward the Curve ecosystem. The biggest reason? LlamaLend's liquidation protection. If you haven't looked into it yet, it's worth a read: docs.curve.finance/user/llamalend… Unlike Aave, LlamaLend doesn't rely on a single liquidation threshold. That makes managing leverage feel much smoother, especially when the market gets ugly and liquidations start cascading. It doesn't eliminate risk – but it does make it a lot easier to sleep at night. That said, I wouldn't recommend running your Health Factor below 1.5-2.0. Everyone manages risk differently, so this isn't financial advice. What are we doing with the borrowed liquidity? → Farming on @yieldbasis → Growing cash-flow positions in 🟩 Defitea Yield Fund → Testing stablecoin strategies in ⬛️ Monetra Stable Fund → And a few more ideas we're working on. One rule never changes: Always keep dry powder. If BTC dumps hard, having spare liquidity lets you repay debt quickly, restore your Health Factor, and avoid making emotional decisions under pressure. The only thing to keep in mind is Ethereum gas⛽️ We're keeping position sizes small while testing, but this strategy is naturally a better fit for larger portfolios, where gas isn't as meaningful.

Can you compare a CVX strategy to a real-world business, or maybe just a simple everyday example? I love breaking complex things down into simple language. If I can explain something simply, it usually means I've truly understood it myself. And a good analogy makes even the most complex ideas much easier to grasp. Alright, let's give it a try. • Simply holding CVX @ConvexFinance is like buying an apartment. It's passive — no cash flow. Over time, it may appreciate in value. • Locking CVX into vlCVX and voting yourself is like renting out the apartment and managing everything yourself. • Delegating your vlCVX through Votium @VotiumProtocol is like hiring a property management company to handle everything for you. • Depositing CVX into abcCVX by Concentrator @0xconcentrator is like hiring a top-tier property manager who doesn't just rent out your apartment – they turn it into a premium short-term rental (Airbnb-style), optimize pricing, maximize occupancy, and squeeze every bit of income the property can generate. • The combo of abcCVX LP + staking in CLever @0xC_Lever takes it one step further with additional monetization. Imagine adding vending machines, paid laundry, ironing services, or any other small side business that helps squeeze even more income out of the same property. 🍊🍹 It creates a natural progression: • Passive ownership → • Active management → • Delegated management → • Yield optimization → • Capital efficiency. Not financial advice.

Can you compare a CVX strategy to a real-world business, or maybe just a simple everyday example? I love breaking complex things down into simple language. If I can explain something simply, it usually means I've truly understood it myself. And a good analogy makes even the most complex ideas much easier to grasp. Alright, let's give it a try. • Simply holding CVX @ConvexFinance is like buying an apartment. It's passive — no cash flow. Over time, it may appreciate in value. • Locking CVX into vlCVX and voting yourself is like renting out the apartment and managing everything yourself. • Delegating your vlCVX through Votium @VotiumProtocol is like hiring a property management company to handle everything for you. • Depositing CVX into abcCVX by Concentrator @0xconcentrator is like hiring a top-tier property manager who doesn't just rent out your apartment – they turn it into a premium short-term rental (Airbnb-style), optimize pricing, maximize occupancy, and squeeze every bit of income the property can generate. • The combo of abcCVX LP + staking in CLever @0xC_Lever takes it one step further with additional monetization. Imagine adding vending machines, paid laundry, ironing services, or any other small side business that helps squeeze even more income out of the same property. 🍊🍹 It creates a natural progression: • Passive ownership → • Active management → • Delegated management → • Yield optimization → • Capital efficiency. Not financial advice.

Morning alpha > morning coffee. Added more YB @yieldbasis to my stack alongside my max-lock position. Also grabbed a small bag of CVX @ConvexFinance to start testing the abcCVX strategy via @0xconcentrator. Appreciate everyone who pointed me in this direction. Starting small, learning the ropes, and planning to scale up over time.

a really nice one @defitea_ - a little masterpiexe with one of the cleanest explanations of real onchain yield ownership I’ve seen a locked veToken position isn’t a bet on price action It’s a cryptographically enforced ownership claim on the actual revenue a protocol generates - trading fees, emissions, bribes, and yield - with zero intermediaries, boards, or paperwork between you and the cash flow this is what turns a collection of positions into something much more powerful: a holding company built entirely in code protocols like @CurveFinance , @ConvexFinance , @fraxfinance or @pendle_fi aren’t just apps they’re critical infrastructure processing billions in volume and securing billions in liquidity and they generate revenue 24/7, regardless of market direction the thesis is simple but profound: @defitea_ Yield Fund doesn’t speculate on crypto prices It owns a growing claim on the cash flows produced by the infrastructure powering the onchain economy as adoption grows, so does the value of every locked position — without needing to deploy more capital this is the difference between trading narratives and owning the rails extremely well put. 👏