Profile picture
, 3 tweets, 4 min read
My Authors
Read all threads
1) so in love with #defi and the leverage possibilities

- lend DAI on @compoundfinance for 9.6% APR
- lend USDC on @compoundfinance for 5% APR
- borrow ETH on @compoundfinance for 2.23% APR
- swap 50% of your ETH for #sETH on @UniswapExchange
@compoundfinance @UniswapExchange 2)
- add ETH / sETH to the sETH pool on @UniswapExchange
- collect a yield of ~ 1,1% per week from @synthetix_io sETH staking rewards in #SNX
@compoundfinance @UniswapExchange @synthetix_io 3)
- collect #sETH / #ETH @UniswapExchange pool fees between 1-9% APR (uniswaproi.com/poolsranking)
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with Lars Müller (doinglean.eth)

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Related hashtags

#defi #sETH #SNX #ETH

Related threads

Profile picture
Brendan from Dharma
@brendan_dharma
Golly gee willikers #DeFi Batman, more MCD news!

Disguised as a boring "Risk Construct Proposal", this document is a fascinating look at how the Maker team is approaching MCD launch.

blog.makerdao.com/governance-pol…

Let's investigate these rascals 👇
Up front Maker discusses why a facilitated migration is necessary vs. open-market

They say "the open market could represent an uncontrolled and potentially risky path for the ecosystem".

Basically: "open market -> prices out of whack, and gee whiz Batman that'd be real bad"
So how Maker will facilitate the migration?

I hadn't realized this, Batman, but "Sai holders...lock their Sai into the migration contract and generate Dai at a 0% stability fee and a 100% liquidation ratio..." effectively a Sai-to-Dai token swap
Read 25 tweets
Profile picture
Crypto Dad
@CryptoParent
1/ As someone trading small positions in ETH, BTC derivatives, I've been fascinated by @SetProtocol + @tokensets.

Today, I finally went into beast mode to fully understand this #DeFi magic!

I am convinced most do not understand Set. So here's my dumb explanation in a thread.
2/ Despite all the brilliant peeps building on #Ethereum, most never do more than HODL ETH. While many dollar-cost-average into ETH, they fail to put their ETH to work.

The most obvious example of "money put to work" is using
@compoundfinance to earn interest, lending ETH, DAI
3/ Now, if you've never traded, all you need to know is less than 1% of FT traders are profitable. If you trust that common stat, you only need to know that many successful traders use bots.

Something like 70-80% of daily trade volume in crypto markets is estimated to be bots.
Read 21 tweets
Profile picture
Chris Burniske
@cburniske
“With @UMAprotocol’s Token Builder, you can create tokens that track the price of anything (the S&P 500, the # of Twitter/IG followers someone has, the # of upvotes your meme has…). All you have to do is choose the price feed and deposit $DAI.”

link.medium.com/xPcjw5vrUZ
UMA continues to add important oracle and tokenization ingredients to #DeFi 💪
Separately, for those concerned about $DAI’s peg due to excess supply, @UMAprotocol’s synthetic token builder could be a key $DAI sink for @MakerDAO’s system.

It’s a potentially bottomless one if it’s profitable for token builders & the service is utile/low-cost for users.
Read 3 tweets
Profile picture
Delphi Digital
@Delphi_Digital
0/ We just released a new report which gives an overview of the DeFi landscape. This is an example of a Thematic Insights piece, one of the four different types of products we provide as part of our Delphi Insights Plan. Read the full piece here: delphidigital.io/defi
1/ Decentralized Finance (DeFi) represents a broad category of financial applications being developed on open, decentralized networks. Within our report, we cover companies building DEXs, lending and borrowing protocols, and much more.
2/ We break out four key features (type, settlement, order books, and pooled liquidity) for DEXs, and use them to categorize five prominent exchanges. We cover @UniswapExchange , @Bancor, @IDEXOnline, @renprotocol , and @KyberNetwork.
Read 12 tweets
Profile picture
FollowTheChain⛓
@FollowTheChain
$DAI & @MakerDAO seem to lure & captivate people from a surprisingly diverse set of perspectives.

No matter what drew you into crypto, I'm sure at least some of the 21 PERSPECTIVES listed below will appeal to you.

👇 Thread 👇 (w/ eventually extra info on forked sub-tweets 🎁)
1) 💎 TRUST-MINIMIZED STABILITY

A non-custodial, censorship-resistant, stable, global money. An empowering store of value.

Flawless stability through a bear market of ~90% collateral price depreciation.
2) 🤲 ACCESS TO CREDIT

Cheap, fair, fully-auditable, permissionless credit for the underbanked and the weaker end of supply chains.

A grand humanitarian goal (longer term, of course) for the Dai Foundation.
Read 34 tweets
Profile picture
Anthony Sassano
@sassal0x
1/ Welcome to Ethereum - check your fiat at the door and grab some ether from @coinbase - you’re about to enter the world of open finance #DeFi 🦄

(thread)
2/ With your freshly purchased ether, you can now interact with the Ethereum economy & Web3 while securely storing your assets using the @CoinbaseWallet (or @ethstatus, @TrustWalletApp etc).
3/ What is Web3 you ask? The web, as it exists today, is controlled by giant companies like Google, Facebook and Amazon. Web3 aims to transform the web into an open, decentralized system using distributed ledger technology.
Read 14 tweets

Trending hashtags

#DYOR #Love #CryptoeconomicSystems #Honesty #DeFi #ETH #Devcon5 #Ethereum #MoneyLegos #redditSilverDesignChops #Family #Kindness #Compassion #Rinkeby #ethismoney #EmpowerTheDAO #hcpp19 #empowerthedao #zwei #YOLO #crypto #DAO #DAI #Children #DareToDream
Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!