Current passive income strategies for my #crypto, #bitcoin, #ethereum
Staking obviously. $dot $egld and others are making a nice bit of returns!
Celsius lending BTC, ETH, Matic, and USDC

Not the best rates on all coins compared to defi, but for the lower risk I am happy to diversify!
Anchor has a large chunk of my stablecoins earning 19.3%.

Also have stables in Bridge Mutual under writing insurance contracts. Average is 150%.

Small amounts in rUSD 23% in Ramp and USDC in Mercurial Finance 28% on Solana.
Yearn Finance is one I have a lot of ETH in via their crvstETH vault. Earning around 7% APY in stETh, which I can later trade for ETH 2.0.
I have a small experimental amount in Olympus.

My newest favorite farm though is Tokemak. ETH 34%, USDC 49%, TOKE 104%!
Still looking for a good home for my WBTC. Badger and Yearn Finance are both looking OK at the moment.
I left Blockfi and Bancor due to falling rates. Have to stay nimble to get the best yields.

My biggest positions Anchor and Yearn I have insurance on via Nexus Mutual, except Celsius which I think has a different risk profile.

Others are risk adjusted by position size.
I am not putting all of my eggs in one basket just in case.

But I hope this post will show you that there are some HUGE opportunities out there to be had. If you are just sitting on your assets you are missing out IMO.

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More from @TheCryptoLark

15 Sep
I remain very bullish on the Polka $dot $ksm ecosystem.

Thread
So let's talk about parachains.

Kusama has successfully had their first parachain auctions and are now on round two of parachain auctions.

The first 5 parachains resulted in 10% of the supply getting bonded! WOWSERS!!!
The star of round one was Moon River. Even if you had bought the top on KSM you would be up 10X on $movr, most who backed them are up 20 to 100X or more. And the real kicker with parachain auctions.... you get your KSM back at the end! This is solid proof Dotsama is a money maker
Read 8 tweets
10 Sep
If you want to get started playing around with #defi then #solana is a good place to play around.

Fees are much cheaper than #ethereum and there are some good farms.

Please keep in mind smart contract risks exist and you can lose your money.
download a Solana wallet like phantom.app

Then fund your wallet with a little bit off $sol, for gas, and some usdc from your exchange account like FTX, if your exchange doesn’t allow withdrawals of usdc to solana directly you can buy sol and swap on @RaydiumProtocol
There are lots of great platforms to use on Solana. Since we mentioned @RaydiumProtocol start there and make a swap using that decentralised exchange. Swap some sol for usdc

By the way, keep this all low stress just put in like 100 bucks to play with to your phantom wallet.
Read 8 tweets
7 Sep
#Solana is exploding!

What is behind the hype and how can you cash in on this trend?
$sol is the newest in a long line of #ethereum competitors gunning for market share.

Solana is fully functional and can do 65,000 TPS for dirt cheap fees.

#ethereum does 15 TPS for eye watering fees.

Check this video from April for more on the tech

Oh and I should note that Solana also has a token burning mechanism which burns a percent of the transaction fees. This is good for long term tokenomics.
Read 11 tweets
3 Sep
When will the bull market end? How will you know?
#bitcoin #ethereum #crypto

thread
First, let's be clear. No one really knows for certain. No one can predict the future.

I shared this chart at the start of the year.

Basically it shows lengthening cycles and diminishing returns percentage wise.

Bull run ends from December to March

This chart from Ben Cowen also shows this concept. Either this was shortest lowest ROI cycle ever, or we are heading for our double bubble with a cycle end in early 2022.

Read 13 tweets
1 Sep
Do NOT Buy #bitcoin if you want to get rich!

WTF?

Thread
But but but Lark, stack sats right man? Yes.

Trading your fiat for BTC is exchanging bad money for good. Bitcoin is Gold 2.0 and has essentially become the reserve asset of the crypto markets.

I personally use it as a gold like asset in my crypto portfolio.
DCA into Bitcoin is a great way to get exposure to BTC. Dollars will 100% fall in value. Your BTC will continue to rise versus fiat over time. It is an inflation hedge, store of value, and still in price discovery

BTC is a great savings account

Read 11 tweets
24 Aug
Can #cardano $ada pull a 100X price move from here... realistically?

thread
Note that there is a chance we see a pull back when smart contracts launch. "buy the rumor sell the news" effect.

Some don't think this will happen because SCs are too bullish.

Below staking launch chart

Those on 0 ADA could wait to buy, bag holders be ready for turbulence
But that is just a short term event, and you are not reading this thread for better buying opportunities. We are here to talk moon mission.
Read 16 tweets

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