Shallots

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Shallots

Shallots

@Defriedshallots

I use DeFi 💳 I test DeFi 🧪 I yap DeFi 🗣️ DPGC Gang 👻@deadpixels_club

Singapore เข้าร่วม Aralık 2024
440 กำลังติดตาม474 ผู้ติดตาม
Shallots
Shallots@Defriedshallots·
So $HYPE is gaining huge attention again and I finally want to DCA into it I am going to show you what I learnt with DLMM with @MeteoraAG Previously I covered how SectorOne's DLMM functions on MegaETH. If you have no idea, search for it in my highlights! In this HYPE DCA strategy, I chose to do a single-sided Bid-Ask Curve It's basically "buy more HYPE when price drops" Here are the 2 things you need to pay attention to on the image: 1. Price Range Only when the price of HYPE is in my chosen range will I be able to earn fees. I specifically chose the range because that's where I want to load up HYPE. 2. Depth of Bin Notice the further bins gets deeper until the lowest price of my range. This makes sense because the lower it goes the more I want to load up. That is the purpose of the Bid-Ask curve. So why did I choose DLMM over normal trading? It's a 2-in-1 strategy to capture fees and consistently load up on assets I think will eventually go up but want better prices. Of course, the risk is always present where the asset pumps out of my range and I end up selling back into the pump. Hope this was a useful read for everyone! If this helped you, let me know what other DeFi mechanics you want me to cover :)
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Shallots@Defriedshallots

I deposited ~$180 into @SectorOneDEX to experience and learn about DLMM pools as part of Wave 4 @megaeth terminal apps. This is what I've learnt! Dynamic Liquidity Market Making (DLMM) is a type of Liquidity provision where the key difference lies in Liquidity "bins" that significantly reduces slippage These bins represent different prices of an asset. The difference between one bin to the next is a change in price by percentage. The height of each bin represents the depth of liquidity. Wider liquidity distribution = Less capital efficiency, lower risk and vice versa How does this reduce slippage? In a normal AMM, every swap changes price continuously along the curve which increases slippage. In a DLMM, swaps execute against liquidity within a bin before spilling into the next bin which reduces slippage significantly. Despite its strength, they do require active rebalancing as inventory composition changes aggressively when price exits range. On a typical DLMM pool, there are 3 pre-set modes: Curve (Most normal): Concentrates Liquidity near active price for significantly lower slippage > Good for assets during calm markets Risks: > Increased risk of IL > Requires active monitoring Spot: Distributes liquidity evenly across chosen bins > Good for stablecoin pairs because prices stay in a tiny range > Deep liquidity results in very low slippage Risks: > If stablecoin depegs, LP will go out of range incurring losses and losing out on fees > If used on other assets, volatility can cause LP to go out of range Bid-Ask: Typically used by users who want to LP and also have a market bias. Liquidity is more concentrated on the extreme ends based on users' directional bias. > Good for traders who have great predictions Risks: > Requires active balancing > Higher risk as performance depends heavily on market direction If you wish to skip the active management, @SectorOneDEX DLMM vaults can help you with their curated vaults. Curators earn fixed fees and actively manage LP position while users retain all fees earned, protocol points and airdrop rewards. Pick a pool based on your risk appetite. Ultimately, each strategy is based on each user's risk appetite and time availability. DLMM pools offer a variety of ranges for the degens to the conservatives.

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Shallots
Shallots@Defriedshallots·
@ProofOfTravis both! Majority sits on a broker and some percentage is with xStocks
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Travis 💡
Travis 💡@ProofOfTravis·
@Defriedshallots Yea I’m thinking S&P, are you using your bank, fintech, or buying on crypto rails?
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Travis 💡
Travis 💡@ProofOfTravis·
Besides Bitcoin, what are some things you would be okay purchasing with no intention of selling?
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Shallots
Shallots@Defriedshallots·
@MarvinHarryP @MeteoraAG no worries bro, i dont think i can explain it fully without using any technical terms xD
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Marvin
Marvin@MarvinHarryP·
@Defriedshallots @MeteoraAG HYPE is looking good, holding since 50$ and I am really comfy with it haha Thanks for the explaination I need to read it again later
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Travis 💡
Travis 💡@ProofOfTravis·
There are some nice APY's for LPers on @ExponentFinance right now The cool thing about LPing for rate markets is that if you hold your position until maturity, there's no impermanent loss (Asset/PT-asset) Concentrate your position to earn even more app.exponent.finance/en/rewards
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Shallots
Shallots@Defriedshallots·
@0xDani imagine if they made the $XPL cashback instant like EtherFi tho, it'll be huge steal
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Daniel
Daniel@0xDani·
Plasma One crossed $5M in cumulative volume And it did it in just a few months, while still in closed beta and without an Android app - txs hit a new ATH - daily volume is now consistently above $100K - yesterday's cashback distribution: 257,036 XPL The public launch is expected in June, and it looks like we may soon get our first teaser of the physical Plasma card Waiting for the physical Plasma card?
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Shallots
Shallots@Defriedshallots·
@waleswoosh Feels like they'll stick to prediction
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wale.moca 🐳
wale.moca 🐳@waleswoosh·
Polymarket perps are live. Gonna be interesting to see if they can grab some marketshare in this area
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sneakypeek
sneakypeek@SneakypeekSol·
New market in polymarket Will hylo launch token by ? You know what's the alpha here? I think hylo will definitely launch a token by Dec 2027 👀 Is this free money?
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Gyo
Gyo@Gyokeres_eth·
@KierianV @solsticefi u bet bro, think people are sleeping, I'm building on the new September one
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Gyo
Gyo@Gyokeres_eth·
Solstice just keeps looking like a no brainer Despite not the best comms at launch @solsticefi is been doing well PA wise and increasing to a huge $500M TVL in just a couple days If they maintain the current FDV on the next unlocks it will definitely be one of the best airdrops ever for me and for many people I've been positioning into season 2 with now ~150M flares, and will end with way more flares than in S1 probably. Season 1 already paid off my investment with only 15% unlocked and by the cost per 1M flares has been even much lower in the last weeks since S2 started Of course, the vesting puts the calculations a bit tricky but I was even exposing into Solstice with a bear case of $40/50M FDV On S2, my breakeven probably will end even way lower than my S1 one (~$25M FDV) so it's really a no brainer to take a chance even already counting we will have the same vesting for S2 I've made some calculations for S2 in the beginning of the month that you can read in the quoted post, they are not updated for the next YT but you can basically use the same logic. However I will try to do an updated one for YT-USX-16SEP26 I now hold 0.35% of all the flares circulating for S2 with a net loss of around ~$700 as of today and with a cost of ~$4 per 1M flares If the season 2 ended today I would have $22k worth of $SLX with $700 invested, probably will be vested too, but I will keep increasing my exposure on the new YT since it requires the token going down ~97% from here to be at a loss on this exposure Use my ref 4kF37rhRiH if you want to participate in season 2
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Gyo@Gyokeres_eth

Solstice Season 2 YT-USX - Is it worth it? I'm still holding YT from the last @solsticefi season and increased to 150k YT-USX (costs around $635) to accrue 6.4M flares per day with the 1.4x multiplier Doing some simple maths, with $100 you can buy right now 23k YT, that with the multiplier that most of you have will give you 1M flares a day until the end of this month, so 27M flares until maturity (post written yesterday on 4th May, but logic is the same) Flares season 2 started 20 days ago, with a total emission of 16B and ending on the 1st of August Having a linear estimation for the end of S2, we have a total emission of 88B, but let's even round it to 150B because we should have more dilution in the last month when the exposure could probably be cheaper to accrue flares, unless many understand that it could be super mispriced and after TGE will be very easy to know With 3% of the supply for season 2 we have the following possible scenarios: > 50M FDV - $270 of SLX worth > 100M FDV - $540 of SLX worth > 200M FDV - $1080 of SLX worth Even if we finish to have the double of the emission, 300B, it will be still profitable in theory for 50M FDV, and we can probably also reduce the average cost then on the next YT very close to the snapshot I was waiting for TGE to buy even more but let's see and NFA, I'm an ambassador but would never post this if I didn't believe it could be a cook, the math looks good for now My referral code is 4kF37rhRiH if you're participating in season 2

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molu
molu@molusol·
exponent just launched strategy vaults: > fully onchain > self custodial > managed by professional strategist onre growth vault > current vault apy: 289% > much higher yield than just holding spot > set and forget, this apy is juicy
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molu@molusol

$ONyc why i'm bullish on this rwa: > 11.87% APY > composable across defi > ~20% looped > 95%+ probability of positive roi > uncorrelated to crypto volatility > AUM approaching $200M > accrues points while you hold (airdrop szn)

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sneakypeek
sneakypeek@SneakypeekSol·
Call this a solana defi heaven. Entire solana defi is accessible through one protocol. @ExponentFinance did a great job with V2 here. Especially the onre growth vault with 200%+ apy and 4x onre points is very hard to ignore. We get 200k campaign rewards involving assets of different protocols. This is the best time to explore solana defi. The exponent finance is now the center piece of solana defi.
Exponent@ExponentFinance

Exponent v2 is now live - built for those who outperform Launching with flagship markets, Strategy Vaults, and a $200K+ rewards campaign. Welcome to the platform for the next generation of rate markets and onchain capital.

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awestin.eth
awestin.eth@austiinxbt·
I'm up to $3,344 earned from Polymarket LP'ing 🔥 > earning an avg. of $1,050/month since March > I've lost ~$1.8k due to the silly mistake of not selling shares right away if they fill > total LP'ing profit is around $1,544 & that doesn't include the airdrop... > I've earned around $300 in Maker rewards too I suspect the World Cup will have mega LP rewards If you haven't learned the skill yet, it's not too late too Time to lock-in anon 🤝
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Shallots
Shallots@Defriedshallots·
@ExponentFinance V2 is now live! All welcome the Pendle of Solana The way I see it for $SLX holders and @solsticefi lovers, since we have to maintain TVL for the next 3 months (if you chose this vesting period), might as well shift existing capital into Exponent V2 Rewards and APY is much higher now and will come down eventually so it's the best time to strike I have $100 of idle USX and another $72 PT-USX maturing in 2 days and I'll likely deposit them all into the USX Liquidity Campaign Seeing everyone still bullish on Solstice S2, I lowkey feel like returning back to farm flares and keep TVL again Also, Exponent is still tokenless so it's good to have capital around doing things here :) Solana DeFi is boomin!
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Exponent@ExponentFinance

Exponent v2 is now live - built for those who outperform Launching with flagship markets, Strategy Vaults, and a $200K+ rewards campaign. Welcome to the platform for the next generation of rate markets and onchain capital.

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wunsen
wunsen@MWunsen·
@Defriedshallots @monetrix_xyz Just under what I have deposited and I'm top 70, You should get some nice gems from that!! Also it seems ref codes are useless, everyone in discord has been able to mint the SBT and deposit without inputting a ref code, tried using yours when depositing 🙃
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Shallots
Shallots@Defriedshallots·
Deposits are steadily streaming into @monetrix_xyz Genesis Being the degen piece of trash I am I put my sUSDS up as collateral on Morpho and borrowed at 86% LTV to deposit more for the 30D Genesis period☠️ I now have $1.4k deposited and I am going to return the borrowed cash once Genesis is over Supply has reached 73% cap so if you haven't yet joined, I would appreciate if you used my referral in the comments! I should seek help
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Shallots@Defriedshallots

Secured my genesis spot on @monetrix_xyz! I deposited $300 USDC to earn gems over the next 30 days Currently only $136,000/$1,000,000 deposited so there's still plenty of time to enter If you're looking for a stablecoin play and exposure into the Hyperliquid ecosystem, come join me :) Ref codes in the comments!

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