Sabitlenmiş Tweet
Flex
69 posts
Flex retweetledi
tradfi has run on slow-moving rails bound by overhead costs - legal opex, accounting, multi-day settlement, etc.
through on-chain rails & eliminating overhead, new structural advantages emerge and unlock new financial primitives - many of which have yet to be discovered.
think abt how far defis come over the past few years - from basic vault infra & pool2 farms to now:
@aave v4: tranching risk at lending level with continuous, real-time risk monitoring
@flexmeow: real-time liquidity for lenders @ 100% utilization driven by programmatic opening/closing of positions
@pendle_fi: driving a whole ecosystem around interest-rate swaps with 24/7 liquidity for traders
these are but a few examples of protocols taking advantage of structural advantages over tradfi. as more eyes pour over defi, our financial system will only continue to get more efficient as the raw capabilities of programmable finance mold into real products.
the age of defi acceleration is here.
ya3kov@_yakovsky
Every day I am driven by the firm conviction that 90%+ of financial primitives in DeFi have yet to be discovered We spend 50%+ of time on R&D creating primitives for our core product - what we need simply doesn't exist yet LCC allows 3Jane to scale with 10x capital-efficiency
English
Flex retweetledi
English
Flex retweetledi
Flex retweetledi
Flex retweetledi
Coming soon. Thank you for all the amazing feedback about Flex. An even bigger thank you to everyone who has opened a trove. Your curiosity will be rewarded.
29 users have opened 53 troves. Nearly all the users are still in an active position. Almost 100% retention in our first few weeks.
V2 gives lenders an even better funnel into Flex. Soon.
johnnyonline@johnnyonline_
so turns out we gonna do Flex v2 now tiny code changes for massive functionality gains existing yvUSD market keeps working. not that anyone can stop it anyways will post the details in the next few days
English
Flex retweetledi
so turns out we gonna do Flex v2 now
tiny code changes for massive functionality gains
existing yvUSD market keeps working. not that anyone can stop it anyways
will post the details in the next few days
English
Flex retweetledi
i don't know about you, but @yearnfi been on a continuous roll since 2024 and i don't see people talking about it enough:
- Yearn Curation on @Morpho , acting as a risk curator on Morpho vaults and deciding which lending markets to allocate into
- @ResupplyFi launch and TVL growth
- Remove $veYFI and introduce staking
- ethereum:0x0bc529c00c6401aef6d220be8c6ea1667f6ad93e staking earning 25%+ in APR, 90% of yearn finance revenue
- $yvUSD a cross-chain, cross-asset, delta-neutral stablecoin vault
- @katana integration, where Yearn acts as vault infrastructure and liquidity backend for Katana
- $YB liquid wrapper with @yieldbasis
- Yearn V3 became B2B infra for @CurveFinance @CapApp and @superformxyz
- @flexmeow with @johnnyonline_ , new kind of fixed rate lending market
i love seeing such powerful brands with such great operators like @omgcorn shipping left and right, and i'm sure their time will come
blue pill coded
English
Flex retweetledi
@Walter_Su11ivan it's the APY that's currently being earned. outside () is the forward looking APY, excluding upfront fees (so it's always lower than actual)
turns out it is quite confusing. so changing it to show only the current
English
Flex retweetledi
yvUSD rate is around 5.2% today, my borrow is 5% and I'm still earning 6.81% at the top of the pile. Unlikely to get redeemed (unless someone borrows the whole book which I wouldn't be mad about), unlikely to get liquidated
When yvUSD rates go up, Net APY moves up even faster. When yvUSD was at 9% my leveraged loop was over 40% APY
corn🛸@omgcorn
Nice variable rate loops there, would hate for that rate to spike. Supply USDC on Aave: 6% | Flex: 3.95% Borrow USDC on Aave: 7.12% | Flex: 3.95% My Flex loop is sitting at 26.70% today, no negative carry to worry about. Just another day printing. Why would you loop anywhere else?
English
Flex retweetledi
90s guis for sick af defi products? defi summer 2 electric boogaloo may in fact be here.
Flex@flexmeow
new Lend UI for the allocator vaults is live deposit into a vault to earn yield from lending across multiple markets and not bad yield for the current USDC yVault
English
Flex retweetledi
So.. some may notice that im having fun looping my $yvUSD for crazy yield, on @flexmeow (20-40%)
But some people dont want to manage borrowRate/redemptions - i get it.. trust me...
So to you I suggest you consider this lend vault.
Yearn will select which markets to lend to. These are isolated lending markets. Think @Morpho or the original @SiloFinance
But, flexmeow have some special features. You select the borrowRate, and there is no utilization locks.
So this vault, currently only provides to the yvUSD/USDC market, cause thats all there is, but there are more coming.
it's also using the sUSDS lender strategy for the surplus USDC yield
I have seen over the past weeks. borrowRate slowly rise form 1-2% up to 3-4+ percent
I get nothing from sharing this ..except if i can convince you to put USDC in there, i am less likely to get redeemed. btw.
Flex@flexmeow
new Lend UI for the allocator vaults is live deposit into a vault to earn yield from lending across multiple markets and not bad yield for the current USDC yVault
English
Flex retweetledi
Nice variable rate loops there, would hate for that rate to spike.
Supply USDC on Aave: 6% | Flex: 3.95%
Borrow USDC on Aave: 7.12% | Flex: 3.95%
My Flex loop is sitting at 26.70% today, no negative carry to worry about. Just another day printing.
Why would you loop anywhere else?
corn🛸@omgcorn
***RATE UPDATE*** Supply USDC on Aave: 3.15% | Flex: 3.88% Borrow USDC on Aave: 3.95% | Flex: 3.88% Lend and earn more. Borrow and pay less. Looping on Flex outperforms everywhere else, as it should. That's intentional. LFM Lenders, come find me if you have questions.
English
Flex retweetledi
Flex retweetledi
for 3jane enjoyers, yvUSD has ~ 20% allocated into lending against USD3 meaning it gets $JANE rewards
& you can leverage up ~ 10x on this exposure through @flexmeow while accessing fixed rates
Schlag@Schlagonia
Why yes I can. - More liquid - More transparent - More battle tested - Better yield
English
Flex retweetledi
And then you can earn, EVEN MORE. This person is sitting at relatively not-degen leverage and earning over 14%
Schlag@Schlagonia
Why yes I can. - More liquid - More transparent - More battle tested - Better yield
English
Flex retweetledi
***RATE UPDATE***
Supply USDC on Aave: 3.15% | Flex: 3.88%
Borrow USDC on Aave: 3.95% | Flex: 3.88%
Lend and earn more.
Borrow and pay less.
Looping on Flex outperforms everywhere else, as it should. That's intentional.
LFM Lenders, come find me if you have questions.
corn🛸@omgcorn
Supply USDC on Aave: 3.16% | Flex 3.47% Borrow USDC on Aave is 3.96% | Flex 3.47% Lend and earn more. Borrow and pay less. Loop and feel the magic of no spread with more yield All lenders are welcome in our borderless corner of the internet. Message me or reply in comments with questions
English
Flex retweetledi
Flex retweetledi
I'm sitting at 52% APY now, not bad. The risk is:
1. yvUSD liquidation, it would have to take a loss and my trove would only be partially liquidated back to health
2. Redemption, I would swap back to yvUSD and pay the 1 week of interest rate fee to open my position again.
My position has been open for over a week and it's in profit so, I would be OK with that.
You can change your interest rate once per week with no penalty too. 2 users did that over the weekend and they're sitting at 4% borrow with me
More markets soon, taking asset requests too. Also looking for borrowers so please come talk to me.
corn🛸@omgcorn
I was in the right place at the right time twice in my life. This makes 3. It was all so simple, in front of our faces the entire time
English