jaipzzz

If you DYOR, WAGMI If you don’t DYOR, NGMI Really pretty much that simple

@DeFiCarrot Love you @jsblair ❤️

1/ Carrot is shutting down This is certainly not the outcome we wanted, but the situation with the Drift exploit, has proven to be catastrophic for our continued operations.

Well shit, market downturn hit hard lol. Keep cookin though $1,370 loss, overall -$2,608.97

$382.28 profit, overall -$1,238.97

Have a theory that i'm testing out - will update here as progress is made

A Beginners Guide To Yield Farming Lately, I’ve talked a lot about earning yield on idle stables in places like @DeFiCarrot, @SuperlendHQ, among others. But there’s another powerful way to earn - the world of Yield Farming. Why do I love it? Because it’s semi-passive and the returns can be incredible - if you know how to avoid the main trap: impermanent loss. Yield farming works especially well in choppy ranges (kind of like we are seeing right now) but also works in any market structure. For this example I'm going to walk you through the setup with one of my favorites, @DeFiTuna Head on over to: defituna.com/lp?pool=7VuKee… You'll see the page loads a SOL/USDC pool. You’ll see a SOL/USDC pool. Here’s the basic idea: you’re acting like a market maker. Your assets provide liquidity so others can swap SOL ⇄ USDC - and that trading volume generates yield for you. If you’re a beginner, I suggest entering with only USDC and letting the protocol auto-balance into SOL/USDC. That way, your entry is clean at the current price. Impermanent loss simplified: When SOL’s price moves, the pool rebalances your position. If price runs up, you end up holding more USDC and less SOL (you “sold” some SOL along the way). If price drops, you end up with more SOL and less USDC. Compared to just holding, this can leave you worse off - that’s impermanent loss. But if SOL returns to your entry range, the loss disappears. It's even harder to keep track of and unlocks another pitfall if the SOL you enter the pool with has a much different cost basis than current cost. Which is why - to make it clean and simple - I tend to always just enter with the single-asset stable and leave my spot bags as my spot bags. This, after all, is a yield generation play. Now the fun part - the setup. Let’s say I have $500 USDC to farm with. I keep leverage off, swaps off (best for beginners). Next, I choose a price range. The tighter the range, the higher the yield, but also the higher the risk of falling out of range. For this example, I set a +/- 5% range. My estimated yield shows 0.53% per day - which annualizes to 193% APY. Yes, 193% APY. Let that sink in. That’s where yield farming shines. Here’s why: If SOL pumps above my range, I exit with 100% USDC. Along the way, I DCA’d out of SOL at a profit plus collected yield - a juicy double-dip. If SOL dumps below my range, I exit with 100% SOL. That’s basically DCA’ing into SOL at better prices than today, while still collecting yield on the way down. Either way, I’m winning. Right now, as we are still in a bull market, I view yield farming as a great way to earn amazing returns because I'm confident that my positions will exit my range at the top side, not the bottom. Which means I will get that juicy double profit I mentioned. And if I fall out of range on the low end? I can just sit and wait until price re-enters (earning nothing in the meantime, but no harm done), or I can withdraw my SOL and put it to work elsewhere, like staking with @MarinadeFinance. Yield farming isn’t for everyone, and I don’t call myself a subject matter expert. But I’ve learned a lot by doing it - and by studying one person who I think is the best educator on the topic: Jake Call. His YouTube content is one of the few that’s actually worth your time if you ever want to dive to deeper depths than I've just mapped out for you. As always, I am never paid to mention any protocol or person in my posts. I only post about people/things I truly believe in. 🫡 From the depths — The White Whale 🐋

@gaius1337 @Utopia_artist @thelibraryvc 👀🪙

Beyond stoked to start using my new PFP: The Librarian. The Librarian is our first NFT in a new boutique collection where @Utopia_artist creates the art and @thelibraryvc facilitates the utility. We will share more information about our team and our vision next week 🫶.

@epoq_studio Appreciate it fam ❤️

@jaipzzz What a ride. Hope you can move it into a profit again

@gaius1337 There's a secret club in the secret club in The Library!? 👀

The Library has an “invite-only” section. In it, there is a forum section where members can have an honest and open conversation. Ngl, its becoming my fav bit of my online life.

@gaius1337 Patience is the key Work is unavoidable Unless you have a fat trust fund In that case, be happy

Kill that bit inside of you that tries to get rich quickly

@thelibraryvc ♥️

Crypto doesn’t need more noise. It needs spaces to think. The Library is a community for those who research, invest, and support real teams on Solana. We’re not building hype. We’re building conviction.

π

@degenbrody @MagicEden @MagicEdenComm Brody the GOAT for a reason

A lot of people probably don’t know this about me but one of the majors I graduated college with was business data analytics I’m planning on creating an in depth analysis of the season 1 $ME airdrop and breaking down what rank gets exactly what in terms of usdc (was within 500 $ME projection for my first airdrop) Still not sure if I’m going to share it publicly or not yet but I will be more than happy to share it with the people I’ve seen supporting $ME this season

@bytheophana @MEFndn @bytheophana I am unable to link my ME mobile wallet to ME desktop - any suggestions? Quests were all done through the mobile wallet which was linked to MEFndn with my other wallets, but unable to link to my ME profile on desktop. Thanks in advance!

🚨 Important announcement for S2. PLEASE SHARE. We'll also reinforce tomorrow. You MAY need to relink your wallets. If you linked wallets on @MEFndn site for S1, those wallets may need to be relinked. Check link below. Ensure ALL your xchain WEB & MOBILE wallets are linked! The reasoning is that there were 3 phases of wallet linking on @MagicEden. - Phase 1: for Diamond rewards, you linked on @MagicEden - Phase 2: for TGE Season 1 rewards, you linked on @MEFndn - Phase 3: we're migrating everything back to @MagicEden to simplify things for users for S2 onwards If you linked wallets during Phase 1, those wallets should still be linked. However, all wallets from Phase 2 are no longer linked, since we're moving away from the @MEFndn linking system. Sorry I know this is a bit annoying! But the great news is you should never have to relink again!!! One more time and you're done, promise! Please help us spread the word, because IF YOUR WALLETS ARE NOT LINKED, YOU WILL NOT RECEIVE MAXIMUM REWARDS. Rewards are a function of your trading volume and Staking Power. When you have linked wallets, your Staking Power will be added together across your wallets, which will give you compounding rewards. For example, if you trade on a wallet that is not connected and has no $ME staked, you will not receive any rewards period. If you trade on a wallet that has $ME staked but is not connected to other wallets with $ME staked, you will receive fewer rewards than you could have received if all those wallets were linked. Thank you in advance for relinking again and please share!

@SigridRunte I can’t even figure out where to see my drop like you have in your image!

Staked 1,700 $ME for 4 years. Price tanked 80–90%. Got a $12 airdrop in return. Biggest L of my life.