A few weeks ago, I explained some strategies to earn 200-1000% APY on your $FTM using @tombfinance.

Here's a way to earn 150% APR on your $TOMB, using @TarotFinance and how you can use this strategy to get more $. 👇
Steps to lend $TOMB on @TarotFinance:

1. Go to tarot.to
2. Find the $FTM / $TOMB pool
3. Go to the Lend tab
4. Supply $TOMB @ 150% APR
You are basically just lending your $TOMB to those who wish to leverage their LP positions on @TarotFinance by borrowing your $TOMB.

I wrote about this leveraged LP strategy earlier:
Here's one strategy to get high yield using @tombfinance and @TarotFinance :

1. Provide liquidity to $TOMB - $FTM on @SpookySwap

2. Stake LP tokens in Cemetery to earn $TSHARE @ 110% APR

3. Stake $TSHARE in Masonry to earn $TOMB @ 1000% APR

4. Lend $TOMB on Tarot @ 150% APR
Here's the original post I wrote about @tombfinance where I explain how it works, and go over some strategies..

APR is uncompounded. So APY would be even higher :)

When @tombfinance posted about this supply APR earlier today, it was 400%.

APR has come down to ~150% now.

APR will definitely fluctuate a lot depending on market participation.

But it's a great farming strategy for now!

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More from @shivsakhuja

8 Jan
A lot of people who follow me are new to Crypto or DeFi.

So I'm going to create some more beginner friendly content as well.

This thread covers 5 common DeFi mistakes. 🧵👇

"How to get rekt in #crypto and #DeFi"

Graphics inspired by @visualizevalue Image
1/

Mistake #1: One egg, one basket

One of the big risks in DeFi is smart contract risk.

This is the risk that a project has a bug or vulnerability in its smart contract such that hackers can exploit it and steal all the $. Image
2/

Vulnerabilities can be in coins, platforms, wallets or exchanges.

Good projects will have been through smart contract audits, but even audited projects have been exploited before.

It's important to spread your funds out between multiple coins and on multiple platforms.
Read 12 tweets
6 Jan
What if I told you that you - yes, you - could go and borrow $1M right now?

No KYC, no name, email or phone number.

And you don't even need collateral.

Yes, of course there’s a catch.

This #DeFi instrument is called a Flash Loan - so how does it work? ⚡️ 🧶 👇
1/ A flash loan allows you to borrow money (up to very large amounts) without any collateral

The catch is that you have to return the money in the very same transaction.

Confused? 🤔 Keep reading…
2/ Here’s how a standard database (web2) transaction works. Let’s say @jack is sending $100 to @elonmusk through a regular bank transfer.

2 things must happen when the money is sent. The bank must update:

1. +$100 for Elon 🤑

2. -$100 for Jack 😢

#1 cannot happen without #2.
Read 16 tweets
3 Jan
~41% APY strategy for #stablecoins on $MATIC (Polygon) network by providing Liquidity between $MAI - $DAI pair.

Here are the steps, pros and risks 👇 Image
1/

There are many options for high APY stable yields here (see screenshot)

Steps for $DAI - $MAI LP:

1. Swap 50% of capital for $DAI on @QuickswapDEX

2. Swap other 50% for $MAI

3. Provide liquidity for $DAI - $MAI pair

4. Deposit LP tokens to @beefyfinance (Polygon)

🤑
2/

Pros:

- Stablecoin yield means no impermanent loss

- 44% is a very good yield for stablecoins

- No leverage strategy: There are leveraged strategies with higher APY, but leverage = more risk
Read 9 tweets
2 Jan
Bullish on $LUNA? Want more $LUNA?

Here is a mega-🧵 of all the ways I have found to get more LUNA 🌖

The strategies here include:
• staking (simple, enhanced)
• buying LUNA for cheap
• LP farming
• arbitrage
• leverage
• covered calls

Let's get some more moon tokens! 🤑
1/

The APR / APY in these strategies fluctuates all the time, so you'll have to monitor them to see what the current yields are.

Some are passive, some are active, some require locking tokens for a little bit, others are more liquid.
2/

If you need a primer on the Terra ecosystem, how $LUNA and $UST work, then check out this thread:
Read 19 tweets
31 Dec 21
You asked for a thread on 62% on stablecoins using leveraged LP farming with @TarotFinance...

Well, it's at 75% at the time of writing, for the same amount of leverage! 🤑

Here's how you can use a leveraged LP strategy 👇 👻
1/

First things first - make sure you understand how leverage works.

See this thread.

Btw, the graphic has a mistake in it on the risk side -- sorry about that! 😬

I uploaded the correct one in the comments!
2/

TL;DR - Leverage is a financial tool to amplify your returns while taking on more risk..

If you want to understand how a LP / AMM works in general, see this thread:
Read 14 tweets
30 Dec 21
It isn't clear to everyone why #DeFi is better than TradFi.

Sure, bringing financial services to #crypto is cool - but why is it better?

In this thread, I'm going to explore the benefits of trading stocks using @mirror_protocol to illustrate the power of #DeFi 🪞 🧶 👇
1/ Mirror Protocol (@mirror_protocol) allows you to trade stocks the same way you trade cryptocurrencies in #DeFi 🪞

You can

– Buy / sell synthetic stocks (called "mirrored" assets) on a DEX.

– Farm them for yield (long or short) just like with any other tokens. 👨‍🌾
2/ Now why anyone would want to do that instead of just buying stonks on @RobinhoodApp?

It's easy to understand why 19% interest in @anchor_protocol is better than 0.5% in a TradFi savings account.

But why #DeFi stocks over TradFi stocks?

Here are some reasons 👇
Read 15 tweets

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