Discover and read the best of Twitter Threads about #rFLASH
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How to double your money in 4 weeks time travelling in style, utilizing the new epic building block @Flashstake has build on top of @Rocket_Pool staked #ETH $rETH taking the other side of the strategy outlined here:
Read on below:
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#rFLASH $FLASH
Read on below:
🧵(1/12)
#rFLASH $FLASH
The introduction of $rETH into Flashtake was a huge success, more than doubling the protocols TVL.
1,413 rETH have been Flashstaked in just 12 days, and 21 rETH have been paid out in advance quarterly yield.
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1,413 rETH have been Flashstaked in just 12 days, and 21 rETH have been paid out in advance quarterly yield.
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You all thought, time travel is impossible, well, guess thanks to Flashstake, that's a thing of the past now.
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If you're in DeFi for a while you must have heard how a guy bought a $25,000 boat for free.
Back then self-repaying loans were the innovation, but the space is evolving.
Now you can get an instant upfront yield without the risk of liquidation or losing money.
Let me explain 🧵
Back then self-repaying loans were the innovation, but the space is evolving.
Now you can get an instant upfront yield without the risk of liquidation or losing money.
Let me explain 🧵
1/ The guy from this story used Alchemix loan to buy a boat for his parents.
He deposited $50k DAI and got a loan of $25k alUSD, which he converted to USDC and bot the boat.
Alchemix deposits DAI into @yearnfi and earns yield which is self-repaying the loan.
He deposited $50k DAI and got a loan of $25k alUSD, which he converted to USDC and bot the boat.
Alchemix deposits DAI into @yearnfi and earns yield which is self-repaying the loan.
@yearnfi 2/ Sounds great, what could go wrong?
As per the initial calculations, the loan should have been repaid within 24m. That's 25% APR on DAI!
Do I need to tell you that those APRs are no longer available in DeFi?
At 1.79% APY, that guy will be repaying the loan for 25 years.
As per the initial calculations, the loan should have been repaid within 24m. That's 25% APR on DAI!
Do I need to tell you that those APRs are no longer available in DeFi?
At 1.79% APY, that guy will be repaying the loan for 25 years.
It's not a secret LSD sector is and will be the hottest narrative in crypto.💰
That's why the 2 biggest innovators partnered up.
@Rocket_Pool 🤝 @Flashstake
Here are multiple ways how you can easily earn instant rewards with #rFLASH.💸
A thread on $RPL & $FLASH 🧵
That's why the 2 biggest innovators partnered up.
@Rocket_Pool 🤝 @Flashstake
Here are multiple ways how you can easily earn instant rewards with #rFLASH.💸
A thread on $RPL & $FLASH 🧵
1️⃣ Background - $RPL
Rocket pool is the third biggest liquid staking provider for $ETH.
They have 620k $ETH staked which is ≈ $1,1 Billion 💰
Right behind $LDO and @coinbase, $RPL holds 7% market share.
With $frxETH, $RPL has the highest TVL inflow in the last 30 days.📈
Rocket pool is the third biggest liquid staking provider for $ETH.
They have 620k $ETH staked which is ≈ $1,1 Billion 💰
Right behind $LDO and @coinbase, $RPL holds 7% market share.
With $frxETH, $RPL has the highest TVL inflow in the last 30 days.📈
@coinbase 2️⃣Background - $FLASH
Flashstake allows anyone to:
•Buy
•Sell
•Earn
the future value of their money, today.
In simple words, Flash allows you to get instant upfront yield.
Instead of waiting 1 year to get your APR, you get it immediately.
Details👇
Flashstake allows anyone to:
•Buy
•Sell
•Earn
the future value of their money, today.
In simple words, Flash allows you to get instant upfront yield.
Instead of waiting 1 year to get your APR, you get it immediately.
Details👇
