rektdiomedes Profile picture
Mar 9 8 tweets 6 min read
Thread: My 5 Favorite @beefyfinance Vaults For March

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As an avowed lover of Beefy Finance, I like to take every opportunity to evangelize on its behalf :)

In that vein, here's 5 awesome Beefy vaults for March!

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#1 is the new Beefy Escrowed Fantom vault.

It is a synthetic version of staked/locked Fantom that Beefy built, and is currently earning 35% APY normally and- right now- a boost up to 49%!



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Next up in on Beefy's @MetisDAO vaults, and is the $METIS - $mUSDC pool from @tethysfinance!

$METIS is one of the few tokens currently pumping, and this pool is paying over 90% apr (164% apy)!

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Next is one of the highest apr stable/stable pools around right now, the $jEUR - $USDC pool on @beefyfinance - Polygon, from the gigabrains at @Jarvis_Network!

Currently at 20% apy!

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Next is an awesome vault from @pangolindex on Beefy-Avax...

This is the $UST - $AVAX lp, currently sitting at almost 60% apy!

This is a great position imo, and a great hedge when/if market drops lower :)

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And finally, back on Beefy-Fantom, we have the @WigoSwap $USDC - $FTM pool :)

This one is currently at 72% APY, and is another great hedge position that still pays solid yield :)

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These are just a few of the incredible options that exist on @beefyfinance so make sure to check them out!

Again, I'm not affiliated with Beefy at all, just love their protocol and want to spread awareness of all that they're doing :)

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If you found this helpful plz rt and follow! :)

And big shout out to all my fellow Beefy Finance-lovers out there like @beefy_manz @thebeefycow the goat cow @w3soBeefy @__ePete @beefypulse @HecSaurus @meaty_oar @mjoaris and all the others I'm forgetting!

🐮🐮

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More from @rektdiomedes

Mar 11
Thread: Thoughts On Delta-Neutral/Leveraged Yield Farming

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Alright sers, so lately I've been focused on delta neutral strategies, and also playing around with leveraged yield farming (the two overlap obviously).

Its a tricky topic though so wanted to do thread..

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As a quick synopsis, delta neutral strategies are where you earn APR on a token or LP position without gaining/losing money when the token goes up or down.

Many like this strategy when of bearish sentiment since it removes price exposure.

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An example of a successful delta neutral strategy would be depositing 10k of $USDC, borrowing 5k of $JOE at -10% apr, then staking it on the TraderJoe website for 50% apr, earning you 20% on the underlying $USDC deposit. [(50% - 10%)/2]

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Read 19 tweets
Mar 7
Thread: Navigating The Coming Economic Craziness As A Crypto Degen

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Alright my fellow apes, frogs, and fighter-mages...

Time for a thread on this craziness...

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While I am primarily a degenerate ape, I have also been geeking out on macro to an insane degree for years now, and thus I wanted to bring your attention to some important variables to consider, AND discuss what we as degen yf'ers should do as a result of them.

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First of all, as we all know, the US gov is freaking out about inflation and pushing Powell/the Fed to "do something".

And I must admit he seems pretty focused on "doing" it. His recent Senate Q&A is a must-watch:



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Read 29 tweets
Feb 25
The Idiot's Guide To Yield Farming On @solidlyexchange And/Or @SolidexFantom

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Fellow frogs, frens, and countrymen...

I spent the last 24 hours figuring out how to get going on Solidly and Solidex, and wanted to do a thread outlining exactly how to do so!

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In the process, I've seen many posts on Twitter of people wanting to LP on one or both sites, but not understanding exactly how they work, or running into stumbling blocks in the process.

I too ran into some stumbling blocks, but was able to finally get it all going :)

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This was in many ways bc of the extremely helpful tweets of @Cryptoyieldinfo and @kamikaz_ETH, so big thanks to them!

So yeah, here's what you do to get started yield farming (liquidity provisioning) on Solidly and/or Solidex...

3/x
Read 37 tweets
Feb 23
Quick Thread On Interesting New Avax AMM @HakuSwap

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So... I stumbled across Hakuswap recently...

Its a new AMM on @avalancheavax...

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I learned about it from the @RugDocIO account, who did an AMA with them (below).

Apparently its the same folks that did Jetswap...



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The protocol is basically just your classic Pancakeswap-clone... however, it seems as though Avalanche hasn't had as many of these as you would think, so was intrigued by this one.

While obviously we all love innovation, I think the more variety the better...

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Read 7 tweets
Feb 13
Thread: How @ProtoFiProtocol Built A Quarter-Billion Dollar TVL In Two Weeks

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So, an interesting new AMM I wanted to do a thread on is Protofi, on Fantom....

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I first learned about Protofi from @bms3king earlier this month when it had around 20M TVL.

I got into both the Pool One’s and Pool Two (explanations below), and since then it has gotten up to a 250M TVL…



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However, on the surface it looks like a pretty basic Panther or Pancakeswap clone, so why has it had so much success?

Well, in this thread I wanted to posit a few thoughts on that question...

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Read 25 tweets
Jan 27
Total transparency young kings I am selling my (tiny) position in $TIME. No idea what will happen but just want to get rid of negative energy.

You could argue is better to hold on and maybe get airdropped % of treasury if they wind it down though.

Don't blame (cont.)..

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..anyone else if you lost money though.

No one forced you/me to invest in it :)

Take 100% radical ownership of every decision you make.

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Life is very messy.

Wonderful human beings can make very bad mistakes.

Indeed sometimes the kindest people are the most prone to them bc they want to see the good in everyone.

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Read 4 tweets

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