My first project/strategy overview will be @Defrost_Finance as it is still quite early and APR is quite high as of now.
🧵
🧵
1) You can add liquidity to @CurveFinance DefrostH2O3CRV-f ($H2O is a stable coin of the @Defrost_Finance protocol) pool and stake it for 100% APR, receiving $MELT as a reward. 
2) You can boost APR up to 400% by stacking $MELT for $sMELT. Your melt stacking is receiving another 100% APR.
It is your choice how much you want to be exposed to the farm token, I started farming in the project when the price of $MELT was 8$, felt down to 0.3$ and in the past days it has grown up to 2.2$ (7x)
3) It is not over yet. As you can deposit yield bearing assets to the vault and borrow against them. You can perform easy looping strategies with stablecoins by depositing @BenqiFinance $qiStable or $av3crvGauge assets and minting $H2O token against them.
You will not be exposed to farm token, the risk is how much do you trust in the protocol and its ability to hold the peg of H2O.
If you are not aware how to calculate APR when performing looping strategy (lend to av3crv, borrow against deposit receipt, lend borrowed money back to av3crv, borrow against deposit receipt, ...) I highly recommend to check out @phtevenstrong with his amazing Excel calculators.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
