Smilee โŒฃ Profile picture
Hyper-Leveraged Volatility Trading. Creators of Impermanent Gainโ€”the first DeFi native convex payoff | Live on @arbitrum and on @berachain bArtio

Feb 23, 2023, 8 tweets

After analyzing the data from yesterday's Proof of Pasta ๐Ÿ in the discord, we've never seen such volatility in our lives

Pasta #DVPs thoon

But there's A LOT to consider when choosing how to gain exposure to pasta ๐Ÿงต๐Ÿ‘‡

1/ This Pesto Genovese is as bluechip as it gets ๐ŸคŒ

The obvious strategy is the Real Yield vault to collect fixed-rate $USDC yields on this stable-pasta

- Long Delta
- Short Gamma

2/ ODDIO ๐Ÿคฎ

Bet the house with max leverage Impermanent Gain + a trash can

- Long (af) Gamma
- Delta Neutral

*this user was banned*

3/ Protec your bags with Lasagna accumulating Real Yield

You can never go wrong gaining exposure to the Lasagna narrative

- Long Delta
- Short Gamma

4/ spaghetti, barbine, fedelini, capellini, bucatini, lasagna, maccheroni alla molinara, pici, spaghettini, tagliatelle, vermicelli, cavatelli, fusilli, gnocchi, ferrazzuoli, pillus, linguine, fettucine, rotelle, sagnette, corzetti, ditali, fideos, conchiglie

5/ You've straight up lost the plot and your bags deserve to nuke to 0 if you think about entering the Real Yield vault for this complete larp of a "pasta" ๐Ÿคก

Max bid IG vault

- Long Gamma
- Delta Neutral

6/ This paired trade sets up perfectly in the Real Yield vault ๐Ÿฅ‚

- Long Delta
- Short Gamma

7/ Aight by now you better know what to do here... but before stating the obvious, I think it's time we declare mental illness a pandemic on CT ๐Ÿ˜ฌ

- Def Long Gamma for this plain over-cooked pasta in a mug
- Thank god it's Delta Neutral ๐Ÿ“‰

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