shivsak.eth Profile picture
Jan 18 3 tweets 2 min read
A few #stablecoin farming strategies:

1. Farm cUSD2Pool on @RevenantFinance for $CREDIT @ 50%

2. 30-70% on $UST at @HundredFinance on $ONE or $MOVR. Have to lock up $HND tokens to get boosted APR.

+++ 👇
3. 100%+ on $USDC @Platypusdefi on $AVAX. Have to stake $PTP tokens to accrue $vePTP for boost - still figuring this out.

4. @StellaSwap on #Moonbeam has 50-70% on stable LPs

Happy stablefarming.
Still experimenting with these - anyone know of better stablefarming opportunities?

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More from @shivsakhuja

Jan 17
The #DeFi world has lots of legos, that you can plug and play into one another to earn more yield.

Here are a couple of ideas to earn 25-60% on your boring grandpa coins like $BTC and $LINK using the $FTM ecosystem 👇

[1/x]
2/
If you HODL some grandpa coins as I do, you might feel frustrated that your $BTC & $LINK are just sitting around collecting a measly 5%.

Meanwhile $FTM pools are giving 120%, all while the ecosystem explodes with most coins at ATH.
3/
So let's get creative. We want still the exposure to BTC, but we want to use it more productively than the 5% we've come to expect.

Say you have 1 BTC ($42,000).

5% yield is $2,100.

Let's try to beat that.
Read 12 tweets
Jan 15
Impermanent Loss (IL) is a concept that can be quite tricky to grasp, especially if you’re new to providing liquidity.

I’m going to run through some examples here to illustrate the impact of IL in various scenarios 👇🪡

[1/x]
2/

First, if you don’t understand how liquidity pools work, you can check out this post which explains.
3/

A standard liquidity pool (LP) constantly balance your tokens so you always have a 50-50 value.

As the pool balances, the quantities of tokens you own changes.

IL is the risk that you would have been better off holding the 2 tokens, instead of providing liquidity.
Read 18 tweets
Jan 13
Getting to other chains early is key to success in #DeFi. The best yields are not on the biggest chains.

Bridging $ can be intimidating, confusing and expensive.

Here are the best methods I've found to bridge assets from / to any chain 🧵 👇

$SOL $MATIC $NEAR $FTM $LUNA $ONE
1/

For some background info, EVM chains like $ETH, $AVAX, $FTM, $MATIC, $BSC, $ONE, $AURORA are compatible with @MetaMask.

Non-EVM compatible chains include:
- $LUNA
- $SOL
- $ATOM
- $DOT
- $BTC

These chains can not be used with Metamask, you need different wallets.
2/

1. From a centralized exchange

Using a centralized exchanges like @Binance, @kucoincom, @gate_io, etc is often the easiest way to bridge assets.

They allow withdrawals between many chains, and you can swap tokens without gas.

See my old thread:
Read 15 tweets
Jan 12
What a day for the $FTM ecosystem!

- $SCREAM: +79%
- $BOO: +79%
- $SPIRIT: +47%
- $TAROT: +73%
- $FTM: +17%
- $GEIST: +65%
- $REAPER: +94%
- $GRIM: +86%
- $LQDR: +50%
- $BEETS: +43%
- $BOO: +33%

A compilation of some great threads about #DeFi on Fantom 👻 👇
2/

@Route2Fi's MEGA-thread about all the greatest #DeFi plays on the $FTM chain:

Read 11 tweets
Jan 10
Feeling down on #crypto? Put your coins to work.

One way to make the best of a down market is to put your crypto to work to earn $ in a bull or bear market.

No coin left unemployed!

Here's a mega-🧵 explaining & comparing various ways to make your crypto work to earn you $ 👇
1/

This thread (part 1) covers:

- Active & passive ways to make your crypto earn $

- Stablecoin strategies for 20 - 100%

- Overview & comparison of lending, staking and LP farming

- How to understand LPs and mitigate IL

- Expected returns

- Links to detailed guides

🤑
In part 2 (next week), I will cover more advanced ways to earn $ on your crypto - higher risk, higher reward:

- leveraged LPs
- multi-token LPs
- covered calls
- Defi 2.0 / 3.0
- leverage
- bots
- launchpads
- liquidation strategies

🤑🤑
Read 43 tweets
Jan 8
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
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 $.
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

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