Defi_Maestro ✺ Profile picture
Nov 16, 2021 13 tweets 8 min read Read on X
So market broke down and you are panicking?

Learn how to hedge your positions in the $LUNA ecosystem.

$LUNA gives you the tools to profit regardless of market conditions.

Lets dive in.

🧵
1. @anchor_protocol

The easiest and probably most obvious way to hedge your portfolio.

Hold $UST and deposit it in @anchor_protocol .

Your $UST turns into $aUST and automatically compounds to earn 19.5% APR regardless of market conditions.

Simple. Easy. Boomer Proof.
2. @mirror_protocol mAssets LP

Not a stable coin hedge but allows you to apportion your portfolio to assets like $mARKK or $mGOOGL that are independent of crypto prices.

Add the mAssets to $UST LPs and earn 22% ~ 44% APR

I personally use the $mGLXY - $UST LP 😉
3. $MIR Delta Neutral Strategy

Use $aUST to perform Delta Neutral Strategies on @mirror_protocol

More details can be found on a @TerraBitesPod vod:



TLDR : Deposit $UST and hold both long n short positions while farming $MIR. 😉
4. @TeamKujira Liquidation bidding

Use your $UST in Orca to bid on liquidated positions at a discount.

Accounts are liquidated in accordance to the lowest premium available.

Bull market - $UST holds value
Bear market - Feed off Liquidated positions.

orca.kujira.app
5. @Pylon_protocol Lossless Pools

Add $UST into IDO pools and farm tokens at no cost to your capital.

Your $UST will be vested but IDO tokens will unvest at half your vesting period.

gateway.pylonprotocol.com

I'm personally waiting for $NEB , $PRISM , $KUJI & $WHALE Pools
6. $MIM #Degenbox strategy

Basically uses $UST to mint $MIM on $ETH Network

Im not a fan of this strategy due to $ETH fees but i strongly believe that we will see $MIM on @terra_money soon enough.

Once that happens, $UST - $MIM LP would be interesting.

Thats about it.

6 different ways to hedge your portfolio and prepare for bear markets.

That should be sufficient right?

Wait, you want more? 😏

Fine, lets check out upcoming protocols that will allow us to further hedge against the awful bear
7. $PRISM

Split your yield bearing tokens up into two separate tokens - Yield Token + Principal.

Think a bear is coming? Sell your $pLUNA while keeping your $yLUNA for yields.

This reduces your exposure to price fluctuations while still providing you the sweet staking gains
8. $WHALE

Deposit $UST into the @WhiteWhaleTerra Vaults.

During lull periods, $UST is accruing yield on @anchor_protocol

During market volatility, $UST is used to monetize arbitrage opportunities across $UST , $bLUNA and mAssets while helping them maintain peg. 😉
9. $NEB

Create dynamic ETFs (clusters) that automatically diversify risk across multiple assets.

Dynamic ETFs also allow asset weightages to be adjusted to suit market conditions.

ie. ETFs can automatically increase $UST weightage during bear markets w the right parameters
These methods are just the tip of the iceberg for the $LUNA ecosystem.

Explore the protocols and learn how to utilize the #DeFi elements to the fullest.

Unlike $aUST, markets will never be "only up"

A hedged position allows you to #BTFD & stack your $LUNA during dips
Stay grounded and prepare for market volatility

No matter bear or bull, we can all make it as long as we play it smart.

GLHF my fellow #Lunatics.

See you on the moon.

#WAGMI

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More from @Defi_Maestro

May 4, 2023
Got a number of DMs regarding my recent $SUI position.

Let me break down my thought process leading to my decision.

A thread about apeing into a newly launched Token ~~
- I was looking around the market for market opportunities outside of Meme coins.

- $SUI stood out due to a few reasons

1. Heavily Funded
2. 2nd hyped MOVE based Ecosystem after $APT
3. Predatory tokenomics from launch
4. Lack of Airdrops
- This essentially meant that $SUI had a decent chance of providing a vibrant DeFi ecosystem if they deployed the money well.

- However lack of airdrops and predatory tokenomics also meant that early buyers of $SUI would get rekt.
Read 17 tweets
Apr 5, 2023
Day 64

- $486k in $JOE (+13%)
- $101k in $PENDLE (+6%)
- $58k in $KWENTA (+5%)

Total Value ~ $645k (+545%)

Changes:

- Sold $135k of $FLEX LP for $PENDLE and $KWENTA

debank.com/profile/0xd14a…
Cont:

- Finally sold my $FLEX bags and swapped to $PENDLE and $KWENTA

- Sold my $FLEX as the platform launch was pretty lacklustre. Distressed claims trading which were their main selling point will only be added later down the road.

- Moving on to Alts w higher RR
Cont:

- Added more to my $KWENTA bags. Looking forward to the upcoming UI upgrades + impact from $SNX v3 upgrades

- $KWENTA seems to be working towards features that will allow holders to get direct value accrual.

- Their metrics have been pretty healthy so far too.
Read 11 tweets
Apr 3, 2023
Day 63

- $481k in $JOE (+11%)
- $145k in $FLEX LP on @Uniswap (-4%)
- $14k in $KWENTA (+38%)

Total Value ~ $640k (+540%)

Changes:

- None

debank.com/profile/0xd14a… Image
Thoughts:

- Sitting on my hands and not making any trades. Giving my bags time to play out.

- $JOE continues to consolidate around $0.60. Pretty decent results considering sJOE launch is around the corner

- $FLEX has such pretty weird PA today. Watching it closely.
Cont:

- $KWENTA looks pretty decent leading up to the start of $OP incentives

- Overall markets are pretty muted today. Nothing too much is happening.

- $BTC continues to look shaky. Might switch towards hedging if $BTC starts to break down.
Read 5 tweets
Apr 2, 2023
Day 62

- $493k in $JOE (+14%)
- $130k in $FLEX LP on @Uniswap (-14%)
- $13k in $KWENTA (+33%)

Total Value ~ $637k (+537%)

Changes:

- None

debank.com/profile/0xd14a… Image
Thoughts:

- Pretty typical weekend. Low Trading Vol with no major price movements so far except for $KWENTA

- $JOE continues to creep up but $BTC is looking weak.

- Perps funding for $JOE is flat now. Kinda tempted to open a leverage position if market dips.
Cont:

- $FLEX on a large dip today. Probably a sell the news event as @OPNX_Official launch draws near. Holding my position and will refrain from adding further.

- $THALES on a steady run up as sUSD deposits from staking are returning amazing results.
Read 8 tweets
Apr 1, 2023
Day 61

- $478k in $JOE (+10%)
- $157k in $FLEX LP on @Uniswap (+3%)
- $11k in $KWENTA (+9%)

Total Value ~ $646k (+546%)

Changes:

- Sold $ARB LP & Stables for $JOE LP
- LPed $JOE - $AVAX for 3 days
- Un-LPed today and converted all to $JOE

debank.com/profile/0xd14a…
Thoughts:

- Port making a new high today~

- I stopped LPing in the $JOE - $AVAX LP as the volatility died off and fees no longer made a good RR.

- Swapped all excess $AVAX from LPs to $JOE

- Pretty good results considering the fees were enough to offset IL
Cont:

- Refer to pic attached for $JOE LP results

- Rewards from farms were enough to net a 2% net gain vs hodling $JOE and $AVAX

- This serves as an example that LPing does not always underperform Hodling.
Read 8 tweets
Mar 29, 2023
Okay a TLDR of what I just did any why I did it.

1. $JOE perps added on @binance and @Bybit_Official

2. Waited out and checked volatility. Wasn't as violet as I expected. Good.

3. Liquidity on perps were meh. Lower than Spot.
4. Checked onchain. $JOE main pairing w $AVAX was really close to being out of range.

5. After the range $JOE liquidity onchain was 8% of previous range = Higher price movements on same trade sums.

6. Check Overall Vol - Gg ham due to perps pushing spot prices.
7. Did a paper napkin calculation and realised APRs in this range was way higher than shown on the UI due to the thin liquidity.

8. Did the ape thing and bought a ton of $JOE and threw all of it into the LB pools to supply the liquidity.
Read 6 tweets

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