❄️Attention Yetis❄️

THREAD - What Key DeFi Indicators to Know

Defi moves at an incredibly high speed, making it almost impossible to track.

Here are indicators every DeFi investor should familiarize themselves with to keep up with decentralized finance’s rapid developments.
2/ Total Value Locked (TVL)

TVL is the first step to understanding the true worth of a project, whether undervalued or overvalued.

Ultimately this indicator allows investors to know how much money is being used (locked) inside the protocol.
3/ Annual Percentage Yield

APY refers to the staked returns as a percentage over a year. Investors should be cautious of outlandish APY offerings.

NOTE: APR reflects the simple interest rate over a year’s time, while APY describes the rate with the effect of compounding.
4/ Inflation Rate

Investors making decisions based on project tokens total or circulating supply are very wary of high inflation tokens. These days, token TS or CS is not an exact determinant for project success.

Use Etherscan or BscScan to better understand the token supply.
5/ Unique Address Count

Tracking the project’s new token holders has proven a reliable strategy to gauge a project’s relevance. An increasing amount of new holders points to an increase in buyers and usage.
6/ Social Data

Google Trends and Twitter Analytics are helpful resources to check for the increasing popularity and relevance of a Defi project.

Keywords like “How to stake X tokens” “what is X tokens” are strong indications of a project’s increasing popularity and demand.
7/ Token Supply on Exchange

When tokens move into an exchange, it is to act as collateral for trading or to sell tokens. The large sale of tokens creates an excess supply against demand. Monitoring wallets for these movements is a fail-proof strategy adopted by DeFi traders.
8/ TVL - Market Capitalization Ratio

Easily calculated by dividing TVL by market cap.
Suppose the ratio is higher than 1. In that case, i.e., TVL is higher than market cap, the project is still undiscovered, indicating that its current value is yet to match its real value.
9/ Conclusion

Using these indicators when investing and trading will, over time, strengthen any chosen system adopted. It is important to note that learning should ideally come first before earning.

Always take profit, no matter the indicator used. Stay SAFU on your investment!

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More from @money_blizzard

2 Jul
❄️Attention Yetis❄️

THREAD - Blizzard.Money’s Partners

We have a TON of SnowBanks Vaults for our users.

By tapping into new protocols like BakerySwap, while expanding our reach on PancakeSwap, we bring new ways for our users to generate an income passively.
2/ Previously, our vaults were tied exclusively to @PancakeSwap, so all LPs were created there, then imported over to SnowBank.

This will be the same process for any other AMMs we decide to onboard.

Do you have a favorite DeFi site you’d like to see on the SnowBank? 🤔
3/ SNOWBANK VAULTS 🏦 from @PancakeSwap 🥮

These pools will reward stakers with $xBLZD and $GALE, while your original LPs will be auto-compounded.

Less work, fewer fees, more rewards.

More than $3.3M staked in:
Read 9 tweets
1 Jul
❄️Attention Yetis❄️

THREAD - What makes Blizzard.Money different?

xBLZD has shown to be one of the most innovative projects on the BSC with:

- $GALE, the token with the rising price floor
- $TUSK, the gaming governance token
- $xBLZD, the native token and gaming chip
2/ SnowBank Vaults will provide a return in two different interest-bearing tokens ( $GALE and $ibBNB ) as well as $xBLZD.


Other platforms just compound the deposited assets or return a single asset.
3/ SnowBank Auto-compounding Vaults.

These pools will reward stakers with $xBLZD and $GALE, while your original LPs will be auto-compounded.

Less work, fewer fees, more rewards.
Read 6 tweets
19 Jun
🚨Attention community🚨

The Yetis want to hear your voices and that’s why we are running a poll to see which games you want in Mammoth Gaming.

Vote now!
Which games do you want to see in Mammoth Gaming?
Which games do you want to see in Mammoth Gaming?
Read 4 tweets
19 Jun
📢Attention Yetis📢

How to Keep your Funds SAFE - MetaMask Guide.

If you’re keeping everything in the same wallet and/or use the same wallet for every project then I have to point out to you that you might need to change your habits.

Let’s begin.
2/ How’s your wallet situation right now?

A) One wallet for everything and the same wallet for every project.

B) Multiple wallets but don't use one wallet per project.

C) One wallet per project and keep funds in a main wallet.

Options A or B, this thread is for you.
3/ What’s the safest option?

The best option is having multiple wallets, using one wallet per project, and keeping the funds that you’re not currently using in the main wallet that doesn’t interact with any contract, in a hardware wallet such as Ledger or Trezor.
Read 9 tweets
18 Jun
❄️Attention Yetis❄️

Are you new to DeFi? Do you want to learn how to start yield farming on Blizzard? 🤔

If the answer is YES, read the thread below breaking down all the details!
2/ Transfer BNB (BEP-20) to MetaMask.

This will serve as your gas just like the Ethereum Network. Make sure that your MetaMask wallet is switched for the Binance Smart Chain network.
3/ Step 1 - Exchanging assets on PancakeSwap

This is the equivalent of Uniswap on the BSC, it should look very familiar to anyone who has spent time in Defi.

You will need to go to the “Trade” button on the left-hand side then select “Exchange” on the drop-down menu.
Read 8 tweets

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