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0xSmolBrainFarmer (SBF) 🦇🔊
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0xSmolBrainFarmer (SBF) 🦇🔊
@smolbrainfarmer
Full-Time Farmer | Part-Time BEcon in Degen with a minor in Ape Only Outperforming 3AC, FTX, DCG, Silicon Valley Bank, Slivergate Mod at Abacus
My Own Farmland Katılım Kasım 2021
523 Takip Edilen718 Takipçiler

@mys7ix @Collector_Crypt Damnnnnnn broooii nice
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Wow it's been a while since I cooked on the elite $50 tier in @Collector_Crypt.
Insured is way below market and thank god I didn't insta sell back.
Any takers? Will take $HYPE or $CARDS or $USDC.

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0xSmolBrainFarmer (SBF) 🦇🔊 retweetledi

This reminds me of Venus and the BNB Bridge hack liquidation in 2023.
Lazarus hacked BNB Chain bridge for ~$560M in Oct 2022.
They deposited 900K BNB collateral on Venus and borrowed $150M in stablecoins to later launder it.
Aave/Compound etc need to adjust the oracle price to liquidate the hacker but Venus just waited for BNB to dump naturally until liquidation price reached.
They waited for almost a year!
Problem is that $150M liquidated organically by 'market' alone put FUD on BNB price so Venus whitelisted BNB Chain core team as the only liquidator.
rsETH can't dump naturally so DeFi United needs to adjust the price manually. I also wonder who is the liquidator for rsETH? Is it DeFi United?
Venus just had BNB Core team themselves back then.
Aave@aave
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0xSmolBrainFarmer (SBF) 🦇🔊 retweetledi

@ethereumfndn @BitMNR really thought it'd be something related to rsETH and AAVE instead....

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0xSmolBrainFarmer (SBF) 🦇🔊 retweetledi

$BOLD by @LiquityProtocol is live on privacy pools
decentralized, trustless stables backed 100% by (staked) ETH
ethereum's freedom dollar is now private
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@unhappyben Just need some seed money to go around
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interested to know how aave are going to pay 6.5%
mainnet, base, arbitrum all averaging ~4% for the past year



DeFi Andree@DeFi_Andree
Aave is becoming the default onchain savings app. $5,000 + $250/month → ~$309K in 30 years at ~6.5% APY. Same habit at banks → ~$101K. The gap is decades of lost compounding. Try your number and see the difference. @aave
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0xSmolBrainFarmer (SBF) 🦇🔊 retweetledi

@cjhtech @smolbrainfarmer look at this
it pales to the curated lqdr-relock goodies you have
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Discovered my Gas ID via ETHGas - turning my gas spend into rewards 🫘
As a Teen Jack, I've spent 0.8468 ETH on gas but earned 420 Beans back.
Get your Gas ID and Beans here: ethgas.com/community/gas-…
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HOLY FK. LFG! Best pull so far since I began falling into the TCG rabbit hole. Growing up with Pokemon, I never saw that they could become RWA collectibles but now they're real fun.
gacha.collectorcrypt.com/referral/FfvHr…
@Collector_Crypt is where you want to spin your gachas 100% trust me!

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@unhappyben Because they make themselves so mystic and gatekeep until nobody knows what the heck they are
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@unhappyben @BungeeExchange I will offer $0.16
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