DeFi Dad ⟠ defidad.eth Profile picture
Aug 17, 2020 3 tweets 3 min read Read on X
The 1st decentralized perpetual market for LINK, built on #Ethereum, powered by #Chainlink!

For more efficient price exposure to
1️⃣Go to mcdex.io
2️⃣Deposit only
3️⃣Trade with up to 5X leverage
📈 @MonteCarloDEX also offers a non-custodial decentralized ETH perpetual market with up to 10X leverage which I use at MCDEX.io.
🚨This is not an endorsement or recommendation to trade with leverage but what I wrote above is how one could make use of this market.

🚨Trading with leverage can accelerate your losses.

🚨As always, #DeFi apps always have the risk of smart contract bugs.

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More from @DeFi_Dad

Dec 29, 2023
🎙️ New @Edge_Pod on 10 predictions for crypto in 2024 by @BitwiseInvest!

Predictions include...
1⃣ New highs for BTC
2⃣ Spot BTC ETF approved
3⃣ @coinbase doubles revenue
4⃣ Stablecoins beat Visa
5⃣ JPM tokenizes a fund on-chain
6⃣ Ethereum 2x's revenue to $5B
7⃣ Taylor Swift launches NFT
8⃣ AI assistants pay in crypto
9⃣ $100M staked in PMs
🔟 Ethereum upgrades result in L2 fees below $0.01
📺 Watch the full episode featuring @BitwiseInvest Senior Crypto Analyst @RasterlyRock!
@BitwiseInvest @RasterlyRock Subscribe so you don’t miss future episodes of The @edge_pod!

► Apple:
► Spotify:
► Youtube:
► Linktree:

🫡tinyurl.com/edgepod
tinyurl.com/edgepodspotify
youtube.com/@defidad
linktr.ee/edge_pod
Read 4 tweets
Dec 28, 2023
🤔 So many options with restaking into @eigenlayer.

😋 Protocols with a track record of credibility.

🤑 Protocol likely to launch tokens.

@ether_fi
@swellnetworkio
@KelpDAO
@puffer_finance (soon 👀)

😎 So which do you choose? Here's a few ideas...


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👋 Before I share more, be aware that restaking is not actually restaking--yet. These are pools of staked ETH are sitting in EigenLayer until product(s) go live later in 2024.

🚨 I would consider EL deposits high risk compared to simply holding an LST (ie centralization, bugs).
1/ Ranked #10 among top ETH LSTs, @ether_fi is my shortcut to playing the EigenLayer airdrop with gas savings.

eETH is an all-in-one liquid staking / restaking token.

Just deposit ETH for eETH and you're done!

No need to restake an LST on EL and pay $50 of gas.

eETH earns EL points and EtherFi Loyalty Points.

Plus, one can LP with eETH on Curve, Balancer, Maverick and borrow against it on Gravita.

👉 Learn more about and get 100 points per 0.1 ETH staked here (or make your own referral link). ether.fi
app.ether.fi/eeth?address=0…Image
Read 7 tweets
Dec 20, 2022
Bear market stuff 👀
Another, makes no sense to me.

$POOL priced at $5M while new founders are raising at $20M-$50M without a live product.
$FLX at $11M FDV
Read 7 tweets
Sep 6, 2022
✊ In keeping with the very positive narrative to design for "real yield" in DeFi, @Barn_Bridge v2 just launched!

📈 It means one can earn sustainable fixed interest!

⌛️ Here's how with 20 hrs left to deposit for Epoch 1...
1/ @Barn_Bridge v2 advances DeFi fixed income.
🧠 Fixed rates are simple + sustainable
⚖️ Fixed positions are borrowable on Aave and soon on @fiatdao so users can get secondary liquidity and leverage positions
🌽 Yield is earned during the prior epoch, guaranteeing the fixed rate
2/ There are two sides to each pool in BB v2.

🧑‍🌾 Fixed yield position farmers
🌉 LP position* to power the fixed yield

*Additionally @Barn_Bridge DAO will provide liquidity to create higher APYs but the DAO doesn’t earn any yield from its deposits.
Read 13 tweets
Sep 6, 2022
📈 Despite the growth and adoption of DeFi money markets, there's still massive room for improvement with capital efficiency.

🦋 @MorphoLabs is a newer p2p matching layer on @AaveAave + @compoundfinance that solves for the large spread paid by borrowers vs earned by lenders.
With @MorphoLabs...
☑️ Lenders earn more
☑️ Borrowers pay less
☑️ Liquidity and liquidation guarantees remain the same

It's a win-win! But the issue atm is a lack of liquidity, likely due to awareness of the solution.

So check out the rates below! It's a no-brainer for me.
😎 For new lenders on @MorphoLabs Aave or Compound markets, they'll initially earn the base supply rate on the respective money market until their liquidity is matched, and then begin to earn higher, sustainable interest.

👉 To learn more, check out: morpho.xyz.
Read 4 tweets
Aug 22, 2022
In an uncertain world seemingly propped up by money printing, I can't imagine ignoring the new Web3 economy, most notably Ethereum-based DeFi.

It's a haven of experimentation yielding net wealth creation, affected but not dependent on forces driving traditional markets.

👀
1/ You don't need to be an economist or mathematician in 2022 to see DeFi's stickiness with users and continued growth.

Like email for money, DeFi promises to be faster, more accessible, and optimistically speaking, more resilient thanks to trustlessness and transparency. ImageImage
2/ DeFi is:

☑️ Faster in terms of settlement thx to a blockchain

☑️ More accessible but hinges on Internet access for all

☑️ More resilient with instant auditability and coming real-time detection for security & operational monitoring thx to teams like @FortaNetwork
Read 12 tweets

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