Share this page!

shivsak Profile picture
Twitter logo
Dec 2, 2021 • 8 tweets • 9 min read
Some great tools and essential resources for getting started with #DeFi and #Crypto
.
.
.
A thread 🧵 👇 1/8

#Cryptocurrency $BTC $ETH $SOL $ADA $AVAX $LUNA $FTM $DEFI $ALTS #CryptoTokens #YieldFarmers #DeFiTools
2/8 ⚡️ Zapper.fi (@zapper_fi) helps you keep track of your DeFi portfolio across many chains and protocols. It's great as an overall dashboard to manage your tokens, pools, #staking and farming positions.
.
.
#Zerion (@zerion_io) is similar but I prefer #Zapper.
3/8 🏦 DeBank (DeBankDeFi) is another great tool similar to Zapper, with very similar features. I like using #DeBank to snoop around whale wallets. For example: debank.com/profile/0xcba1…
.
.
Always fun seeing what projects #cryptowhales are investing in 🐳 Zapper allows this too.
4/8 🦙 defillama.com is a great tool to see the total value locked (#TVL) across different ecosystems and protocols, and how that's changing over time.

Since DeFi token prices follow the #moneyflow into these protocols, this is useful to find projects early.
5/8 🧿 apy.vision is useful to see the performance of liquidity pools and farms, and track analytics for your own LPs. I have found it to be somewhat buggy though.

#liquiditypool #yieldfarm #defifarming #defi #crypto
6/8 ％ stakingrewards.com is a useful place to check the different staking rates you can get for any cryptocurrency.

#stakingrewards #defirewards #passiveincome #cryptopassiveincome
7/8 🧮 dailydefi.org/tools/imperman… (@dailydefiorg) is interesting to see what kind of impermanent loss you might be looking at depending on price changes in the tokens.

#liquiditymining #liquiditypools #impermanentloss #defirisks
8/8 I'll add more useful tools to this thread as I find them, so might help to bookmark. Like / retweet if you found this useful. #happyfarming! 👨‍🌾

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with shivsak

shivsak Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @shivsakhuja

shivsak Profile picture
Mar 19
A 🧵 about tokenomics (the economics and game theory behind #crypto tokens) 👇

[1/x]
2/
It's easy to pick winners in a bull market.

Really difficult to find winning altcoins in a bear market.

Your best bet is often to stick to $BTC, $ETH and some solid large cap coins.

But if you want to pick altcoins, make sure to understand the tokenomics.
3/
Good tokenomics can make a shit project do well (for a while) 💩

Bad tokenomics can kill the best of projects. ☠️

When evaluating tokenomics, here's what I like to look at 👇
Read 27 tweets
shivsak Profile picture
Mar 18
@HundredFinance on @optimismPBC paying 35%+ on $USDC 👀

Here's a couple of ways to take advantage of it 👇 Image
Idea 1:

1. Bridge $USDC to @optimismPBC using @SynapseProtocol
2. Supply $USDC to @HundredFinance
3. Stake the hUSDC tokens that you received for 35% APR

Pretty straightforward.

Note that you get paid in $HND tokens.
Idea 2: Have some spare $ETH or $BTC lying around?

1. Supply $ETH or $BTC as collateral
2. Borrow $USDC @ 1.61%
3. Supply & Stake $USDC @ 35% APY

If you borrow 50% of your collateral value, you are earning ~17% APY on $BTC or $ETH.
Read 5 tweets
shivsak Profile picture
Mar 15
The truth about Liquidity Pool APRs 🧵

i.e - No, you're not really getting 420% APR and here's why👇

[1/x]
2/
Yield farms can be quite misleading in how they show APR numbers.

The truth is the APR you actually get when farming is a lot less than the displayed APR.

So why are the advertised APRs so much higher? What are some common traps / sneaky tricks?
3/
If the concept of a Liquidity Pool / AMM is unclear to you, then check out this thread:

Read 19 tweets
shivsak Profile picture
Mar 8
50-60% APY arbitrage strategy for $LUNA:

1. Swap 1 $LUNA for 1.0055 $LunaX on @loop_finance

2. Unstake $LunaX on @staderlabs
(1 $LunaX = 1.022378 $LUNA)

3. After 21-24 days, you will receive 1.028 $LUNA

4. Repeat

= 2.8% profit in 21-24 days. 🌖
When you compound this (15-17 times in a year), you get an APY of 50-60%.

For reference, this is basically the Slow Burn strategy that I wrote about a few months ago, but using $LunaX instead of $bLUNA.

To find the best arbitrage opportunities on $LUNA at any time, check out this INCREDIBLE telegram bot: arbie.app

Whoever developed this deserves a massive round of 👏👏
Read 4 tweets
shivsak Profile picture
Mar 7
My YouTube channel (Lightbulb Moment) hit 1000 subs today.

We make animated explainer videos to explain tech and #crypto concepts simply.

I started this over a year ago with a friend but I haven’t been able to find enough time to write content for the videos.
We received lots of positive feedback about the simplicity of our animated explainers - I want to continue making videos but can’t seem to find the time all by myself.

If anyone is interesting in helping me revive the channel to help explain #crypto and #DeFi simply, please DM.
Here’s a few samples of the videos we’ve made:

Read 4 tweets
shivsak Profile picture
Mar 6
What are the implications of “terminating” active projects that people are using and have invested in?

If it means these projects are shutting down, then Andre just publicly rugged several multi-billion $ projects.

[1/3 rant] 👇
If it means Andre won’t be developing, but projects will still function as per usual, then their messaging is absolutely terrible, causing unnecessary FUD & dumps.

Projects don’t need to die when the lead devs quit.

This is a mess - even worse than @danielesesta’s debacle.
As a side note, this is more validation for why we need true decentralization.

Decentralized projects led by cult figures with inflated egos have similar risks as centralized projects.
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

Like this author's thread?

Get emails when @shivsakhuja has new unrolls!

Check out other threads from @shivsakhuja!

Read all threads by @shivsakhuja

:(