.@gopartyparrot is going to be a suite of lending products based on collateralised LP tokens

Recently went live on mainnet, staging.partyparrot.finance
$100k debt ceiling w $100 max debt per user.

Only Stablecoins accepted as collateral for now = no liquidations

Some screenshots from testing out
- deposit 100 USDC, mint 50 PAI (200% Collateral Ratio)
- Vaults show your position where you can mint / repay
- minting more PAI reduces your collateral ratio

Read 6 tweets

Darren Lau

@Darrenlautf

19 May

@TheSpartanGroup

Being a VC in Crypto
A short thread looking back on my past 9 months at @TheSpartanGroup 🧵

Hopefully, this is useful to those thinking of joining a crypto fund. (Feel free to reach out if you have any questions!)

https://twitter.com/Darrenlautf/status/1300089717904433152

Why Spartan? I covered that here in my previous tweet thread but basically, I joined for two things:learning and networking 🤓

https://twitter.com/Darrenlautf/status/1300089717904433152

What do I do at Spartan? What is a day in the life as an analyst?

There's a few things basically which I'll breakdown below👇

https://twitter.com/Darrenlautf/status/1382721174178713605

Calls Calls Calls
We just raised a new DeFi venture fund so naturally, we need to find projects to deploy capital.

But with capital now being cheap, it's difficult to get the sizes you want, hence you need to invest in more projects, thus

https://twitter.com/Darrenlautf/status/1382721174178713605

Read 19 tweets

Darren Lau

@Darrenlautf

28 Apr

Yesterday was prob a crazier day in Crypto than most with quite a few launches 😂🦧

Here's a short recap 👇

@AaveAave

.@AaveAave had AIP-16 go live, which means
-> 2200 $stkAAVE per day will be distributed at a 50/50 ratio between depositors and borrowers.
-> AAVE now in the 10 billy club
-> You can use both @Instadapp and @DeFiSaver to maximise your yields 👨‍🌾

@Wault_Finance

.@Wault_Finance launched WaultSwap (WEX)
- coingecko.com/en/coins/wault…
- MC @ 7.5m
- TVL @ 64m
- Listed on both WaultSwap and PCS
- 40m Trading vol in WaultSwap in 10hrs
- 2k APYs for LPs, 300% APY stake
- 0.2% Trading Fees, 0.18% to LPs, 0.02% to Buy and burn
waultfinance.medium.com/announcing-wau…

Read 11 tweets

Darren Lau

@Darrenlautf

10 Mar

@KineProtocol

Testing out @KineProtocol :D
-> Professional Grade Decentralized Derivatives Markets
medium.com/@KineProtocol/…

Got some free kovan ETH from random CT peeps (thanks!), if anyone wants any drop a reply below 👇

Once at kovan.kine.finance, I clicked on Test Token to get some USDC, Wrapped BTC and USDT

I enabled USDC to use as collateral and then I staked the maximum, staking $4000 gives me a $3400 debt limit

Read 11 tweets

Darren Lau

@Darrenlautf

20 Dec 20

No news update for today but I have an ape one🙊
Bought some $GRT here with my ENS (5 ETH - 50% of Fund)

Reason being:
Blow off top from 74c to 56c (~25% drop)
Previous Blow off top was from 59c to 38c (~35% drop)
Funding is still negative (but not as high as it was)

https://twitter.com/Privatechad_/status/1339870204759859202

With 2.8 bln in 24hr trading Volume, personally feel there could be another run up but the r/r here isnt as great admittedly.

However, fundamentals for The Graph are strong which is highlighted by Private Chad's thread here

https://twitter.com/Privatechad_/status/1339870204759859202

https://twitter.com/Daryllautk/status/1287450901859323904

Everyone uses them : CoinGecko, Uniswap Info etc and this has been a launch that Daryl and I have been anticipating for forever

https://twitter.com/Daryllautk/status/1287450901859323904

Read 6 tweets

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